Cardano blockchain’s official commercialization arm, EMURGO, has announced the establishment of a “strategic blockchain taskforce” with the Uzbekistan government’s National Agency of Project Management [NAPM], the KOBEA group, and Infinity Blockchain Holdings. EMURGO’s official blog post also revealed that the firm will lead the development of a legal framework for security token offerings [STO] and security...Read More
It is a common narrative in the digital asset industry that most of the time, Bitcoin is responsible for driving the market on a bullish surge. This is largely due to the fact that presently, Bitcoin dominates the crypto-market cap, with a dominance index of 66.3%, at press time. However, over the past week, the...Read More
Facebook’s proposed crypto-project Libra did not receive the very warm welcome it once expected. However, what it undeniably did was open a much-needed conversation among many in the mainstream industry. While it does not seem likely that the hurdles for Libra will be gotten over any time soon, David Marcus was invited to the 2020...Read More
Bitcoin has always been hailed as the ‘one true cryptocurrency,’ more so because of the number of impersonators it has, than what its white paper claims. While Satoshi Nakamoto did pen Bitcoin as “a peer-to-peer electronic cash system,” this claim has been co-opted by one too many. Using the Bitcoin name, many impersonators have gained...Read More
The crypto community views cryptocurrencies in numerous ways. From trading opportunities to store of value, and occasionally for their real purpose of being used as a payment method. Today, the main topic will be a rather conspicuous one that has been discussed many times, but it needs more awareness – adoption. Furthermore, let’s examine an...Read More
“Financial privacy is like a fundamental right”, says Jesse Powell, CEO, and Co-founder of Kraken. But Bitcoin and other cryptocurrencies are pseudonymous, i.e., transaction information is easily available for further analysis. In response to this, new technology has been developed over the years to recreate privacy by restoring anonymity. While this gave rise to privacy...Read More
The bearish lows of December 2019 were overcome with the recent collective surge witnessed by the crypto market. Bitcoin silver’s counterpart Litecoin experienced a similar hike over the period as the 7th largest digital asset breached its psychological resistance of $50. Litecoin was valued at $59.60 at press time with a market capitalization of $3.77 billion....Read More
Last week was nothing but volatile for Bitcoin and the entire cryptocurrency market. Fortunately, the volatility did well. Seven days ago, Bitcoin was trading at around $7,950, while today, the cryptocurrency stands at almost $8,900. This marks an increase upwards of 13% for the past seven days. It’s worth noting, however, that this time altcoins...Read More
Bitcoin has managed to consolidate higher in the charts after a few consistent surges; other major assets have followed BTC’s path in improving their respective valuations. Despite rising market caps, the address profitability for certain major cryptos has not mirrored their current market performance. Data from intotheblock.com indicated that a majority of the addresses holding...Read More
2020 has so far been particularly positive for Bitcoin and the rest of the cryptocurrency market. Starting the year at around $7,100, BTC currently trades at almost $9,000, charting notable increases throughout the entire week. In the past 24 hours alone, Bitcoin gained another 3% to its value, increasing from around $8,650 to about $9,000...Read More
The Malta-based cryptocurrency exchange, Binance Holdings Limited announced entering into a strategic partnership discussion with Z Corporation, a wholly-owned subsidiary of Z Holdings Corporation and TaoTao Inc., a Japanese licensed cryptocurrency exchange. The official release stated, “Z Corp, a subsidiary of Yahoo Japan, and TaoTao will continue discussions and deliberations with Binance and begin preparation to launch...Read More
2017 bull run opened the flood gates for the cryptocurrency ecosystem and many investors have not looked back. Fast forward two years and the debate still arises whether the rate of involvement and widespread utility of digital assets is prominent or not. 2019 witnessed the growth of institutional investors with major market players such as...Read More
Crypto Rating Council, an organization led by Coinbase and seven other platforms, announced the inclusion of three new members and the publication of five new asset scores, namely, crypto exchange OKCoin USA, social trading network eToro USA, and RADAR, a blockchain tech platform. With this latest addition, the three platforms join eight other industry players...Read More
IOHK, the research and development arm of decentralized public blockchain and crypto project, Cardano, released Jormungandr 0.8.6 version for Cardano pool operators. This was revealed by Rick McCracken, Cardano Ambassador on January 15th. The latest release aims to improve the network stability of the node. The roll-out of Jormungandr 0.8.6, comes with several optimizations. IOHK...Read More
According to a 2019 investment report released by Grayscale, one of the world’s leading authorities on digital asset investment, the digital giant has managed to raise over $600 million throughout 2019, with most of the funding coming in from major institutional players. Specialized in digital asset diversification, the company managed to grow its investment base...Read More
Malta-based cryptocurrency exchange Binance launched a function that allows users to instantly convert other stablecoins into BUSD, on January 16, 2020. The announcement stated, “The ratio to convert PAX, USDC, and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the current...Read More
Litecoin Foundation recently announced its partnership with BlockFi, a cryptocurrency lending startup, intending to promote the use of BlockFi’s “suite of products” to provide Litecoin users with more options like earning interest on and borrowing against their Litecoin used within their platform. This partnership, as Litecoin Foundation noted, would produce additional options and liquidity opportunities....Read More
What many in the Litecoin community are looking forward to is the Mimblewimble implementation. In fact, the community has come out vocally in support of this move, with the Foundation bringing in David Burkett – Grin Developer – to join the project. While the majority sentiment has remained positive, the project did, however, face a...Read More
The year began with people hoping for a bullish Bitcoin market; there were some who thought that Bitcoin would be the one leading the bull run this year, considering that halving was just a few months away. There were others who believed that some of the popular altcoins such as BNB would be the ones...Read More
Geopolitical tensions have been on the rise across the world. However, many are surprised by the swing in Bitcoin’s price such tensions have caused. Alas, this is not the first time Bitcoin‘s price has reacted to global events. The same happened during the U.S- China trade war, a time when Bitcoin’s inverse correlation with Yuan...Read More
TokenInsight’s latest 2019 Cryptocurrency spot exchange industry annual report evaluated the overall trading performance of centralized and decentralized exchanges across the world. According to the report, the market activity of centralized exchanges was fairly inactive during the first quarter of 2019. However, this was followed by a sharp incline during the second and third quarter...Read More
2019 was a year of two halves, with both periods recording contrasting narratives with respect to the growth of the digital assets market. The first half of 2019 was off to a slow start, but picked up pace in April-June. On the other hand, the second half of 2019 began with the cryptocurrency market at...Read More
Monero, the world’s leading fungible cryptocurrency, has always taken a different path than the rest of the coins in the market. Towards the end of 2019, the cryptocurrency took an interesting turn by implementing RandomX, a part of the community’s constant efforts to be an ASIC-resistant coin. The team had decided to stop tweaking its...Read More
Bitcoin’s sustained price increase has sparked an even bigger rally for altcoins, launching the crypto market to fresh two-month highs. | Image: shutterstock.com Bitcoin hits $8,745.24 on Bitstamp, the highest since early November. Altcoins show strong upside, with Bitcoin SV, bitcoin cash, Litecoin and EOS registering double-digit percentage gains. As a collective, crypto markets are...Read More
Whenever people think crypto, Bitcoin’s mention automatically pops up. There is no question about the fact that Bitcoin has led the way for the development of the digital assets industry. However, Bitcoin has its own set of shortcomings, drawbacks that are often addressed by other major crypto-assets or altcoins. Despite a technical superiority reciprocated by...Read More
When news first broke out about Akon’s plans to build a “real-life Wakanda city” powered by cryptocurrency and renewable energy, many thought it was just a ruse for the African-American singer and entrepreneur to stay relevant. However, recent events have shown that the iconic rapper is indeed serious with his plans to build his own...Read More
The Cardano ecosystem has been in full swing development mode after the success of the incentivized testnet. As it approaches the Shelley mainnet launch, the focus has mostly been on network stability and other improvements. In a more recent update, the CEO of IOHK, Charles Hoskinson, revealed that the next-generation protocol on Shelley, dubbed, ‘Hydra,’...Read More
Between June 22 and July 15, XRP dropped by almost 44%, from $0.50 to $0.283. Since then, the coin has been unable to rise above the $0.34 mark, though that may be about to change in the coming months. At the time of writing, XRP was valued at around $0.21, with a market capitalization of...Read More
Riccardo Spagni, well-known as Fluffypony on social media platforms, yet again, spoke about privacy while speaking about Tari, and financial privacy, in an interview for Monero Talk. Tari, a decentralized assets protocol, will be built on top of Monero, with its own native token. The protocol will work as a merged-mined sidechain, along with enabling...Read More
Monero, the largest fungible cryptocurrency, has been well-known in the market for taking a different route than most P-o-W coins. Riccardo Spagni, also known by the moniker Fluffypony, stepping down from the lead maintainer position had many community members debating. The official announcement stated that Riccardo Spagni’s position has now been transferred to Snipa, adding...Read More
