All of the Newconomy Bitcoin analysts are becoming so excited about this time of the year! Last year at just around this time, Bitcoin became a little rocket ship, going from six or seven grand all the way up to almost twenty-grand in the course of only five weeks. So, what do you think is going to happen to Bitcoin between now and the end of the year? Let us know in the comments!

Cybersecurity expert Lukas Stefanko found an application in the Google Play store that steals data from users of cryptocurrency exchanges and banking applications. Read More…

The Swiss Financial Market Supervisory Authority (FINMA) has advised financial institutions to assign 800% flat risk weight on cryptoassets in order to cover market and credit risks, as has been exclusively revealed by Swissinfo.ch. The recommendations refer to positions held both in the banking and trading book. Read More…

Artificial intelligence (AI) has captured the imaginations of society for decades. Countless movies, books, and articles have tracked and discussed current technological developments and potential future iterations. With the advent of the internet and public access to computation, the ecosystem of finance and financial technology has been transformed beyond recognition. Finance has ‘gone digital’ faster than any other economic sector, with customers and businesses benefitting from 24-hour services, online payments, loans, market access, fundraising and more. Read More…

A couple of weeks ago, Newconomy wrote about Elon Musk’s Twitter account being in the center of a hacker scam. Well, it now seems the hackers’ efforts have paid off. “I want to know who is running the Etherium scambots!” Musk tweeted in July. “Mad skillz.” Read More….

There’s this myth that you can’t spend Bitcoin like you do money. You can! Read More …