Cryptocurrency investors have certainly had a difficult year, given the fairly stable prices for all popular digital currencies. However, recent market developments are once again adding volatility to the market.

This has led to a bullish trend for Bitcoin, since the cryptocurrency has surpassed the $4,000 threshold. In fact, the price recently saw a $200 growth, bouncing from $3,900 to $4,100. In return, this helped increase bitcoin’s market capitalization to over $70 billion, whereas the entire market’s worth is now situated at over $140 billion.

The recent price volatility has also encouraged price spikes for other cryptocurrencies. As such, Ethereum saw a 6% increase, whereas XRP and Litecoin gained around 5%.

Since the dawn of the internet, people throughout the world have been dealing with computer malware. With time, viruses have become more advanced, and the emergence of digital currencies brought along a new trend – crypto malware.

According to a research study carried out by McAfee, in the year of 2018, instances of mining malware have increased by approximately 4,000%. To put things better into perspective, in the third quarter of 2018, a total of four million mining malware threats have been discovered, which is a significantly higher number when compared to 2017 and 2016, when no more than 500,000 threats were discovered.

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Throughout 2018, most cryptocurrencies were affected by strong volatility, thus leading to reduced investor interest and lower prices. However, the crypto sector is far from being dead, and governments are well-aware of this aspect.

With this in mind, numerous countries have stepped up their regulatory and taxation frameworks for the digital currency market. Recent reports indicate that following public consultation, the U.K Tax Collection Service published their crypto taxation legislation, applicable to private digital asset holders.

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As you may already know, blockchain technology has massive potential to disrupt numerous industries throughout the world. However, the worldwide adoption of the technology is only possible with a supportive regulatory framework.

A study carried out by the University of Cambridge in partnership with the Queen Mary University of London, discusses whether private blockchains are compatible with the recently-adopted European Union GDPR privacy law.

To put things better into perspective, the GDPR law is responsible for regulating how personal data of EU citizens is stored and processed. As such, all companies that control personal data operating within the EU must respect a set of rules concerning the storage, transfer and use of personal data. Failure to do so leads to a fine as large as €20 million EUR, or a percentage of the global revenues obtained by the company breaching the law.

One of the biggest advantages that cryptocurrencies have over their fiat counterparts is the decentralized status, which provides higher security, reduces attack risks, and ensures that coins are not controlled by a central entity. Despite this aspect, recent research has concluded that the majority of digital assets available on the market are centralized.

To put things better into perspective, CryptoCompare, which is a market data aggregator, has recently published a digital asset analysis for over 200 coins. The authors analysed the digital assets from a variety of different perspectives, and using more than 30 attributes. When doing the analysis, researchers considered the supply concentration, distribution, market cap, governance, volume data, regulatory classification, and decentralized status of the coins.

As Bitcoin and other digital currencies became more relevant for the world’s financial system, numerous countries have started regulating the cryptocurrency market. One of the most important efforts was focused towards crypto taxation policies.

Now, recent reports indicate that the Japanese Tax Commission is unsatisfied with Japan’s current crypto taxation system, and is urging the country’s National Assembly to introduce new guidelines. This is great news for the Japanese crypto community, granted that until now, reporting crypto gains and investment profits was a confusing and exhausting experience. This aspect discouraged crypto users from disclosing their taxes, and put them at risk.

The potential of blockchain technology for supply chain purposes has often been praised by experts throughout the world. Now, recent reports indicate that the United Nations World Food Programme, commonly known as the WFP, will begin blockchain-based supply chain management testing in Africa.

With this in mind, the WFP has tested out a similar system for refugee aid purposes in the Middle East. With the project’s newest implementation, blockchain technology will be used to track food delivery in the east African region. More exactly, the blockchain network will track food shipments arriving in Djibouti, on their way to Ethiopia, where the UN’s main food operation camp is located.

MasterCard’s interest in blockchain technology has been peaking over the last couple of months. Now, recent reports indicate that the payment services giant is considering the use of blockchain to better keep track of consumer payments.

According to a recent patent filing, published by the U.S. Patent and Trademark Office, MasterCard explains how distributed ledgers can instantly record point-to-point transactions. The afferent data can then be used by organizations to compile logs consisting of purchased items.