Advances in Cryptocurrency and Blockchain Technology

 

 

2/19/2019 - Total cryptocurrency trading volume (as reported by Coinmarketcap.com) reaches a 300-day high at $33.85 billion

 

2/18/2019 - Cambridge Associates, a consultant for pensions, endowments over $300 billion, and governments, states that it is worthwhile for institutional investors to explore long-term investments in cryptocurrency

 

2/14/2019 - J.P.Morgan announces the creation of JPM Coin, a cryptocurrency for instantaneous transfer of payments between institutions

2/13/2019 - Spanish bank Banco Santander announces a $700 million deal with IBM for development of blockchain technology, artificial intelligence, and security systems

 

2/11/2019 - NASDAQ, with a $10 trillion market cap, announces plans to disseminate Bitcoin and Ethereum indices beginning on February 25

8/2018 - Intercontinental Exchange (ICE) - a Fortune 500 company that owns the New York Stock Exchange (NYSE) - announces plans to form Bakkt, a secure platform to trade and use digital assets. Bakkt then raised $182.5 million to build the platform and a bitcoin futures product. Investors include Microsoft, Starbucks, Pantera Capital, and Susquehanna International Group.

 

7/17/2018 - IBM and Columbia University open a blockchain research center in Manhattan

12/2017 - Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) both launch bitcoin futures

 

8/2017 - Walmart, Nestle, Dole, Tyson Foods, and IBM begin testing the patent-pending Food Trust blockchain - described as the "equivalent of FedEx tracking for food," according to Walmart VP Frank Yiannas. One advantage will be tracing outbreaks, facilitating food recalls, and limiting customer risk

7/17/2017 - Bitcoin forks into bitcoin (BTC) and Bitcoin Cash (BCH)

 

4/1/2017 - Due to increasing demand, the Japanese government allows bitcoin to be used as a legal payment method

 

7/18/2016 - Uber switches to bitcoin payments in Argentina

 

6/2016 - Sweden begins testing the use of blockchain technology to record property transactions, which it believes could improve efficiency, reduce fraud and paperwork, and save taxpayers over $100 million per year

 

4/2/2016 - Video game platform Steam begins accepting bitcoin payments

 

10/29/2015 - First public bitcoin ATM is introduced in Vancouver, Canada

 

8/5/2015 - An estimated 160,000 merchants accept bitcoin payments

 

7/30/2015 - Ethereum is created and introduces smart contracts

 

12/22/2014 - Microsoft begins to accept bitcoin for game and software purchases

9/10/2014 - U.S. Commodity Futures Trading Commission (CFTC) approves a bitcoin swap product

 

7/15/2014 - Dell and Newegg begin to accept bitcoin

 

2/3/2010 - First real-life purchase with bitcoins - 2 pizzas are purchased with 10,000 bitcoins

 

10/31/2008 - Satoshi Nakamoto publishes a paper first describing Bitcoin