Digital currency

Built On Ethereum – Enjin Releases Open Source SDK For Java

The Enjin team announced the release of open source Java SDK for blockchain on May 27. The Java SDK can be used to integrate blockchain assets to games, websites, apps and other projects for anything built with Java, allowing simple and easy interaction with the Enjin API. The users and developers can use, modify and […]

Is Bitcoin’s reducing decentralization helping Monero?

Bitcoin may be the king of all crypto coins, but when it comes to privacy, Monero takes the spotlight. Seth Simmons of the Monero Community in a recent podcast talked about the unique values that differentiated Monero from Bitcoin and also shared his thoughts on how Bitcoin’s inability to iterate and implement new features was […]

Vitalik Tells CZ to Think Bigger: Crypto Is More Than Just ‘Protest’ Money

The Ethereum co-founder says the crypto community needs to get with the times. Ethereum co-founder Vitalik Buterin says the current financial crisis is very different to the 2008 Global Financial Crisis that Bitcoin emerged from — and that the crypto community needs to adjust its thinking accordingly.  Writing in a Twitter thread on June 2, […]

Bitcoin and cryptocurrencies go far beyond the financial system – Ethereum co-founder Vitalik Buterin

Bitcoin was born out of a financial crisis and its solutions remain financial in nature. Ethereum is more than a financial instrument; it is a platform that brings inclusivity including handling of tokens. The ongoing crisis according to Vitalik Buterin is not a financial crisis but a virus one. It has been more than ten […]

Binance CEO Says He’s Looking Forward to Decentralized Social Media Running on Ethereum 2.0

In a Twitter exchange with Ethereum founder Vitalik Buterin, Binance CEO Changpeng Zhao said that he was looking forward to decentralized exchanges that would run on Ethereum 2.0.  image by @cz_binance He encouraged Buterin to keep his ‘good work’ to show that there was no bad blood between the two cryptocurrency leaders.   Moreover, CZ acknowledged that […]

Western Union to acquire Ripple’s partner MoneyGram?

Western Union is reportedly planning to acquire MoneyGram – a deal that could have a noticeable impact on Ripple.  Western Union has made an official takeover bid, according to a Bloomberg report. MoneyGram is yet to make a decision. Western Union is reportedly planning to acquire MoneyGram – a deal that can have a noticeable […]

China firm turns inwards for cash as US markets tighten listing rules

Semiconductor Manufacturing International Corporation (SMIC), one of China’s largest computing chip producers, announced on Monday its plan to raise $2.8 billion through an initial public offering (IPO).  What makes this plan different from other recent Chinese tech IPO offerings is instead of listing on a U.S.-based exchange, SMIC applied to raise capital on the 1-year-old […]

Bitcoin Romania: A bank can obtain even 10 millions Euros a year due to cryptocurrency transactions

A bank can obtain revenues between 2-10 millions Euros a year if is partnering with a cryptocurrency trading platform or if it allows its clients to use cryptocurrency, shows the predictions of Bitcoin Romania, virtual currency exchange service provider. Bitcoin Romania’s management wants to start collaborating with a bank in the coming period, as a […]

These Two Altcoins Have Moved Above Important Resistance Levels

Both Reserve Rights (RSR) and TRON (TRX) have broken out from long-term descending resistance lines — possibly indicating that they have begun bullish trends. Reserve Rights (RSR) The descending resistance line and break out for RSR were outlined by cryptocurrency trader @PostyXBT, who stated that : Finally we get a clean breakout[.] A daily close […]

Major Boost to Digital Economy? China Allows Bitcoin Inheritance

China is drafting legislation to protect cryptocurrency inheritance rights. Following the results of two sessions held in Beijing, a draft of the country’s first Civil Code was adopted, regulating legal relations between citizens, marriage issues, family relations, as well as inheritance rights. China has recently passed a much-anticipated Civil Code that expands the scope of […]

Blockchain: A Very Short History Of Ethereum Everyone Should Read

Even those who are not familiar with blockchain are likely to have heard about Bitcoin, the cryptocurrency and payment system that uses the technology. Another platform called Ethereum, that also uses blockchain, is predicted by some experts to overtake Bitcoin this year. What is Ethereum? Ethereum is an open-source public service that uses blockchain technology to […]

Ethereum Classic Successfully Completes Third Hard Fork Phoenix, Earlier Than Expected

Ethereum’s third hard fork took its toll on ETH’s value; falling 3% over the past day Ethereum Classic (ETC) completes its third successful hard fork on May 31, 2020. The hard fork implements the “Ethereum Istanbul” hard fork upgrades making the two sister chains totally compatible. Ethereum Classic completed its third successful fork of the […]

This Key Data Metric Shows One Ultra-Bullish Crypto is About to Plunge

There’s no question that Chainlink has been the most bullish cryptocurrency on the market throughout the past couple of years, posting massive gains throughout 2019 and 2020 These gains allowed it to set fresh all-time highs earlier this year, and it now appears to be navigating back towards these highs Its mounting short-term strength, however, […]

Swiss regulators approve InCore bank to carry out crypto transactions

nCore bank to carry out digital assets transactions.  The move marks an essential step in creating a blockchain-friendly environment across the EU banking sector. InCore executives noted that the bank plans to expand its blockchain strategy in the coming months. InCore bank has become the first business-to-business bank to get authorized by the Swiss Financial […]

Vitalik Buterin Praises OMG Network Following Launch of Scalability Solution on ETH Blockchain

Ethereum based blockchain platform OMG Network has announced the launch of its scalability solution OMG Network V1 Public Mainnet Beta also known as Plasma. The project which has been in development for the past three years was announced to much delight on the official twitter handle of OmiseGo. According to OMG Network the launch of […]

Are ETH’s Scalability Issues Finally Over? Buterin Says Ethereum’s Layer 2 Scaling Strategy Has ‘Basically Succeeded’

The ethereum network has been plagued with bottleneck scalability issues for the longest time due to increased usage. As a result, the network has faced severe congestions with the average transaction fees increasing significantly. The good news is that the ethereum network could soon put these scaling issues behind. According to ethereum co-founder Vitalik Buterin, […]

Bank of Lithuania plans wider role for blockchain platform

The Bank of Lithuania has said it is considering wider applications of its blockchain platform beyond financial services, following the completion of its third sandbox development phase. The Lithuanian central bank described the ambitious plans for its LBChain project in a wrap-up meeting held this week, with blockchain project manager Andrius Adamonis keen to spell […]

Swiss Financial Regulator, FINMA, Licenses Local Bank To Carry Out The Crypto Transactions

Switzerland’s top financial regulator, Financial Market Supervisory Authority (FINMA) grants local banks, InCore, the first license to transact digital currencies. This adds to the accelerated efforts from the Swiss government in the blockchain field so far in 2020 with the government looking to implement a central bank digital currency (CBDC). InCore, first Swiss bank licensed […]

Facebook attempts to address concerns expressed by regulators on the original proposal

In July 2019 we considered the original proposal by Facebook and others to create a new cryptocurrency (Libra 1.0). The Libra 1.0 proposal was ambitious – to create a new global cryptocurrency to be used by consumers and businesses as a means of exchange (rather than as a means of speculation, as many other cryptocurrencies […]

Ethereum Top 10K Addresses Audit Reveals Surprising Findings

Amidst all the great news coming from the Ethereum camp, prominent crypto analyst and fund manager Adam Cochran recently posted his findings on Twitter in a long thread, about a manually performed audit of the top 10,000 Ethereum addresses. The audit revealed surprising findings about distributions, profitability, market sentiment and whale activity. The article attempts […]

Max Keiser: There Isn’t Anything Crypto Altcoins Do That Bitcoin Won’t Do

Ever since the peak of the 2018 crypto bull market, Bitcoin has been front and center for most investors. Bitcoin dominance — the percentage of the cryptocurrency market made up of BTC — has doubled from the 33% lows, while a number of altcoin projects have died out due to funding issues and a lack […]

Glassnode: Over 60% of Bitcoin has not moved in a year

The market intelligence firm said latest figures show “increased investor HODLing behaviour.” In brief Data from market intelligence firm Glassnode shows over 60 percent of Bitcoin supply has not been moved in over a year. The last time this much Bitcoin was HODLed was just before 2017’s bull run. Coin Metrics suggests another way of […]

Libra Will Allow Facebook to Spike Ad Prices, Zuckerberg Says

Facebook’s ads business will get a bump due to Libra integration, Zuckerberg said at a shareholders meeting. The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to a transcript provided to Cointelegraph by the Novi press team. At […]

Coinbase is running an OMG airdrop for Ethereum holders

Coinbase customers that have held Ethereum in their accounts since July 2017 can expect a digital treat in the form of OmiseGo to make up for a lost airdrop. In brief Coinbase is airdropping OmiseGo coins to long-time Ethereum holders Coinbase users who held ETH as of July 7, 2017 will receive coins Coinbase users […]

Lithuania’s Central Bank to Fully Deploy its Blockchain Platform By Year-End

The Bank of Lithuania announced that it had completed the research phase of its blockchain project called LBChain. The central bank now plans to deploy the platform by the end of 2020 and expand its use cases beyond the financial sector. Bank of Lithuania to Expand its Blockchain Capabilities Beyond Financial Sector Earlier this week, […]

Korea university to build blockchain and AI campus

A South Korean university has announced that it’s building a blockchain and artificial intelligence (AI) campus in the city of Daegu. The campus will take a year to construct, with admission set to begin in 2021. Suseong University partnered on the initiative with the Korea Artificial Intelligence Association (KORAIA). In an announcement on local outlet […]

Ethereum token standard author launches his next big thing

The mind behind the ERC20 standard has launched the LUKSO Reversible ICO, a new way to tokenize and invest in real-world assets. In brief The LUKSO Reversible ICO is now live. LUKSO is developing a blockchain protocol for creatives, facilitating digital ownership of physical goods. The Reversible ICO will run in phases until 2021. Initial […]

CoinMarketCap Alters Ranking System for Crypto Exchanges

The most visited website for cryptocurrency investors and enthusiasts, CoinMarketCap, implemented a revamp of the ranking of market pairs. The new system will essentially change the order for exchanges with the removal of “adjusted volume” in place of a “Confidence” and liquidity indicators for each market pair. The new ranking of crypto pairs will be […]

Here’s a look at Bitcoin’s future as an Ethereum token

Crypto community has been seeing a lot of efforts recently in injecting Bitcoin into the DeFi ecosystem. The latest implementation of BTC on Ethereum blockchain, renBTC[REN] and went live just last week. Loong Wang, CTO, and Co-founder of Ren appeared on a recent podcast and talked about this new implementation.  He noted that the main […]

Are Developing Nations Really Warming up to Crypto Assets?

There have always been questions as to who is buying cryptocurrencies and for which specific purpose. In undeveloped countries, the adoption of crypto assets is progressing rather quickly, according to a new report. For years now, people have claimed how Bitcoin can transform Arica in terms of finance. Crypto Adoption in Developing Nations For equally […]

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