The Monero community has been gearing up for the network’s hardfork which is scheduled for 30 November, 2019. RandomX, a new proof-of-work algorithm, will be the result of the imminent hard fork. A code freeze was scheduled for 24 October, followed by the release of version 0.15.0.0 on 31 October. It has now been revealed...Read More
Considering the ongoing participation of government organizations in building private crypto assets, a recently published research paper details on the use of “private digital currencies” and its implications on the current society. Although Facebook’s Libra initiative witnessed a red flag from the U.S. government, numerous countries have begun experimenting with in-house options for evading the...Read More
Binance coin has created three lower lows between now and June as price action loses close to 50% of its value. Further downside is expected, however, signs of a reversal could be playing out. BNB/USD 1 Hour Analysis On the 1 hour chart for BNB/USDT, we can see at the end of August price levels...Read More
After finishing 4th in the UEFA’s Club Coefficients rankings for 2019, the La Liga leaders cheered its fans by joining Socios, voting platform to connect with fans. Atlético became the first La Liga team to join Socios. A sports and blockchain entertainment company Chiliz, announced their intention of going into the partnership with Spanish soccer...Read More
Facebook Dating is now available in the U.S., and even though it is a separate app from Facebook, it still somehow – isn’t separate at all. Privacy advocates say users are likely better off meeting potential love interests on other apps. It seems that Facebook realized that money can’t buy you love so, without further...Read More
Telegram’s blockchain project, TON, has entered the last preparation stage before going live. The code for running a blockchain node was released on the test network portal late Friday. Yesterday, Telegram delivered its Telegram Open Network (TON) testnet explorer and node software on its website. Last month, three anonymous investors in Telegram’s $1.7 billion private...Read More
The Ethereum Foundation has delayed the testnet launch of the Istanbul update until the start of October. But some are raising concerns about one of the Ethereum Improvement Proposals (EIPs) which will break certain smart contracts. So should technology be backward compatible ad infinitum?… or is a little disruption necessary in the name of progress?...Read More
Photo: Shutterstock Why? Because all purchases are online and these payments need to be very fast to process, just that is one of the main characteristics of cryptocurrencies. Now let’s see, is it really worth the effort? Development of the Videogame Industry The gaming industry is no longer a niche arena for a certain age...Read More
The Tron community rejoiced with the announcement of Justin Sun’s lunch with Warren Buffett being on track. Another positive development is that Tron DApps continued to increase as they reached 569 in total. Also, the number and volume of transactions surged over the past week, according to the latest Tron DApp report. This boost can...Read More
Regulation has always been a hot topic in the cryptocurrency space, with some governments banning them altogether and others struggling to introduce it in a way that won’t hinder development. While these regulatory bodies seem to have a positive approach towards Bitcoin, Ethereum and other cryptocurrencies, it’s quite the opposite for privacy-focused cryptocurrencies. Owing to...Read More
The introduction of Facebook’s Libra has been one of the highlights of 2019, but it was not smooth-sailing for the virtual asset. The Facebook-backed stablecoin received collective criticism from government officials, crypto-personalities and a majority of the community, with many questioning its potential use cases and characteristics as a cryptocurrency. In the latest edition of...Read More
According to Gemini, off-exchange or OTC trades on the new Gemini Clearing platform can be carried out both between two parties or through third-party brokers. Cryptocurrency exchange Gemini has come up with a new digital clearing and settlement solution. Named Gemini Clearing, the new service allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades...Read More
With this move, Paxos plans to democratize the gold trading process by leveraging the power of blockchain technology. The Pax Gold (PAXG) token will make Gold mobilization absolutely easy. Popular stablecoin issuer Paxos has now planned to digitize the most-precious metal gold. Bridging the gap between the gold investors and crypto enthusiasts, Paxos unveils a...Read More
China’s proposed new digital currency would be better than Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank official said. People Bank of China announced enthroning their new digital currency chief who claims their upcoming digital yuan has features that are...Read More
When Tron CEO, Justin Sun, postponed his $4.6 Million charity lunch with Warren Buffett, some believed it would never happen. However, Tron Communications Director, Cliff Edwards, has insisted that it will, in an interview with BlockTV. However, finding a suitable date for all parties is proving to be tricky. Finding A Window In Nine Busy Schedules...Read More
[embedded content] A co-founder of LinkedIn and a member of the PayPal Mafia, Reid Hoffman, released a new rap video describing a competition between central banks and cryptocurrency. His “epic rap battle” begins with presenting the U.S. Founding Father and first Secretary of the Treasury – Alexander Hamilton, and, of course – Satoshi Nakamoto (don’t...Read More
China’s state-backed digital currency is almost ready for launch, but apart from the fact that it would act as a stablecoin pegged against the country’s national currency, there is not much information on the project. However, as per the latest report from Reuters, the Chinese national digital currency could bear some similarity with Facebook’s aspirational...Read More
Amanda B. Johnson, Chairperson of the Dash Investment Foundation (DIF), is in the news after it announced on its YouTube channel that it would be ready to make its first funding proposal for investment-related activities. Johnson also spoke about strategy, funding policies and the Foundation’s plans for transparency. According to Johnson, the DIF is prepared...Read More
Stablecoin was crypto community’s answer to Bitcoin’s volatile market conditions, which managed to deliver some sense of stability within the ecosystem. The first and most controversial token in this space, Tether, has caught unwanted attention as one the company’s co-founders, William Quigley, mentioned something controversial. The information was highlighted on Twitter by @lisaabramowicz1, who tweeted,...Read More
Litecoin bulls continued to hover below its previously strong support zone around the $70 mark, despite subtle signs of recovery. After undergoing major losses in August this year, Litecoin, the fifth-largest cryptocurrency by market cap, might be heading for an upward breakout. At press time, Litecoin held a market cap of $4.14 billion and a...Read More
BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com. Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, and global cryptocurrency exchange and blockchain ecosystem, Binance, announced their partnership regarding...Read More
While there is no concrete plan to make any specific crypto moves, an Apple Pay executive has just confirmed that the company is paying attention to the sector. Hopefully and at some point, Apple Pay will support cryptocurrency. Apple has not been very forward regarding cryptocurrency and blockchain technology in general. A recent report from...Read More
The Abyss will use Waves’ blockchain technology for building a universal marketplace of all tradable goods and in-game items offered by its partner game developers through their games. This is the first platform of its kind. Users will also be able to buy available items with Abyss tokens and sell it to others. This will...Read More
Propy, a blockchain-based real estate platform, has announced a partnership with one of the leading escrow providers in Japan. In collaboration with Escrow Agent Japan, Propy will launch a blockchain-based real estate transaction platform to record sales with Japan’s Legal Affairs Bureau. This will remove the existing time lag for registration, fulfilling Propy’s promise of...Read More
XRP fans have started a satirical petition calling for Ripple to increase its ‘dumping’ of XRP. Mocking the language of Ripple CEO, Brad Garlinghouse, they urge Ripple to ‘Unleash the Utility!’. This follows a less ‘tongue-in-cheek’ petition earlier this week aimed at preventing Ripple dumping billions of XRP and crashing price. A Groundswell Of Cynicism Yesterday, a Twitter user...Read More
As Buterin said, Ethereum 2.0 aims to run ‘tens of thousands of transactions per second’ and he is sure that the new network will facilitate a number of on-chain transactions while maintaining key aspects of decentralization and security. At the beginning of next year, the launch of the initial phase of Ethereum 2.0 is taking place....Read More
The current state of the altcoin market is woeful, to say the least. The majority of crypto assets are still down over 80% from last year’s all-time highs and most of them are looking to remain there for a while longer. The bottom line is that many are destined to die and will get usurped...Read More
Brexit is going to end soon. How will Fintech Companies fare in the UK post-Brexit? Is Brexit good for cryptocurrencies or bad for it? Brexit has been on the front burner for most of the past two years. Theresa May has already resigned following her inability to make Brexit happen. Boris Johnson is facing the...Read More
A devoted team of the PBOC’s Digital Currency Research Lab is currently setting up its digital currency system in a restricted environment aiming to launch it before Facebook’s Libra enters the market. After Facebook unveiled the white paper for its Libra Project in June, the People’s Bank of China (PBoC) got working. The PBoC is...Read More
Zcash Foundation, the non-profit organization behind the privacy-focused cryptocurrency, has been at the center of an ongoing controversy pertaining to the use of the “Zcash” trademark. As per the initial plan, both Electric Coin Company (ECC) and Zcash Foundation would have equal control over the use of the trademark. However, ECC soon decided that the...Read More
