EOS (EOS)

Blockchain in journalism: Winds of change carry media to new frontiers

Despite the potential to bring an unparalleled level of transparency to journalism, blockchain adoption by mainstream media may be slow. It is no secret that over the course of the last couple of decades, issues related to fake news, substandard fact-checking and rampant censorship have resulted in many mainstream media outlets losing the trust of […]

Facing Down Big Tech: How Blockchain Social Media Will Topple Zuckerberg

There’s a growing realization that social media has become a destructive influence. But can blockchain social media platforms really make a difference? Big tech isn’t just big anymore. It’s grown into a ravenous Cthulhu-esque beast with its tentacles wrapped around almost every data point in our lives. But in the light of a House Judiciary […]

Google Cloud joins EOS to become a block producer

Google Cloud has started the process of becoming one of EOS’ block producers. Its developer noted that Google Cloud is committed to ensuring all the information on the blockchain. Before it can join EOS, however, Google Cloud will first have to be approved by EOS’ community. Google has decided to delve deeper into the blockchain […]

Smart Contract platforms continue to evolve in 2020

Smart contract platforms have evolved at pace in 2020. Ethereum’s DeFi ecosystem is thriving, Tezos has settled its legal troubles, Binance Chain has seen several projects switch to or launch on its platform, and Tron has announced several new partnerships. In the midst of 2020’s crypto bull run, the leading smart contract platforms continue to […]

Crypto Exchange Coincheck to Launch Japan’s First IEO

Coincheck, one of the largest crypto exchanges in Japan, announced Tuesday that it would support a domestic company to launch the country’s first Initial Exchange Offering (IEO) and raise funds via a token sale. Hash Palette, a platform that distributes content such as Japanese graphic novels (manga), anime and music, aims to raise about 1 […]

Ethereum Is Still King, but DeFi on Other Blockchains Is Gathering Steam

DeFi is not limited to Ethereum, and investors are starting to catch on. Although many of the significant DeFi protocols are built on Ethereum, there’s still a nascent cross-chain ecosystem being built across Cosmos and other blockchains. With FTX’s recent announcement, investors are starting to get excited about cross-chain DeFi. DeFi Off Ethereum From MakerDAO […]

Steve Wozniak comes after YouTube over BTC giveaway scams

Apple co-founder Steve Wozniak is one of 18 people suing YouTube and its parent company Google over its alleged laxity in dealing with digital currency scams using influential people’s images. BTC giveaway scams on YouTube have become worryingly common nowadays. The scams use videos and images of celebrities including Elon Musk, Bill Gates, Michael Dell, […]

China-Backed Crypto Guru Wants to Unify the World’s Blockchains

(Bloomberg) – The blockchain world today is thousands of disparate platforms that can’t talk to each other. So a little-known startup hatched one of the most ambitious plans yet to bridge all the divides — and it’s got the backing of the Chinese government. Beijing-based Red Date Technology is at the heart of China’s first […]

Russia Legalizes Crypto, Citadel Securities Fine, LINK: Editor’s Pick

In a relatively quiet week in the newsroom, here are the standout stories from the worlds of forex, fintech, and crypto, in our best of the week segment. Russia Legalizes Cryptocurrencies Terming Them Property In a bold move that dominated the crypto news this week, The Russian State Duma has passed a bill on Wednesday legalizing cryptocurrencies in […]

Dogecoin Volumes Spike 1,900% in 2 Days Amid Viral TikTok Videos

Social media has thrown dogecoin traders a treat. Trading volumes for the Shiba Inu meme-based cryptocurrency spiked nearly 2,000% in the last two days, according to data from Messari, as videos on TikTok encouraged users to invest. The whimsical asset’s price climbed 35% to $0.035 over the same period.  Dogecoin is a “joke cryptocurrency,” according […]

$300 million in Tether leaves TRON for Ethereum

Ethereum recently received around $300 million in USDT tokens, which came from the TRON ecosystem. The reason for the move is unknown, but speculators have quite a few ideas about why it happened. The move was made possible thanks to Binance, which caused speculation about its relationship with TRON. Recently,  the crypto industry’s largest and […]

The richest people in cryptocurrency – Updated Apr 7, 2020

Mainly populated by Cofounders and CEOs, the Forbes cryptocurrency rich list details those who have made their millions from crypto. Explore the table below to see who made the list. Chris Larsen 57 $7.5 billion – $8 billion Cofounder, Ripple Joseph Lubin 53 $1 billion – $5 billion Cofounder, Ethereum. Founder, Consensys Changpeng Zhao 41 […]

Bitcoin Youtube Channel Terminated For ‘Basically No Reason’, Platform Says It Was An ‘Error’

KEY POINTS YouTube suspended and then unsuspended Bitcoin.com’s account, citing an error Bitcoin.com’s Roger Ver suspects ‘Bitcoin Maximalists’ as the ones reporting the YouTube channel YouTube commands a large market share and it will take some time for alternative platforms to gain some foothold YouTube suspended Bitcoin.com’s official account only to unsuspend it later, citing an error […]

How Cryptocurrencies are Evolving Past the Traditional ICO

Initial coin offerings (ICOs) once defined the cryptocurrency industry. New ICOs for legitimate, impressive sounding coins were being released alongside scams, and scams were being released alongside tongue-in-cheek jokes, like Useless Ethereum. Despite despite its silly premise, it managed to generate over $300,000 in funding. In case you aren’t familiar, a traditional ICO is comparable […]

Investors see red on the majority of 2019’s top crypto IEOs, finds new report

The majority of 2019’s biggest initial exchange offerings (IEO), an alternative crowdfunding solution for crypto start-ups raising money, resulted in a negative return on investment, according to a report by bigX and SMC Capital. Similar to an initial coin offering (ICO), an IEO is a token sale to raise funds for a new project, which […]

Institutional Interest in Cryptocurrencies Doubled in 2019, PwC Survey Says

According to a new study, the assents under management (AUM) of cryptocurrency-focused hedge funds had doubled in 2019 compared to 2018. Despite some challenges in the field, Bitcoin remains the most frequently traded digital asset, with Ethereum and Ripple following. According to the report citing the survey compiled by PwC and the digital asset investment […]

Bitcoin vs Ethereum close up comparison

Since its launch in 2009, Bitcoin has become the most famous and valuable cryptocurrency on the market. But it is not the only key player in the industry. In 2015, Ethereum entered into the fray with game-changing features like smart-contracts and Dapps. Despite the fact that, Bitcoin and Ethereum are the two leading cryptocurrencies on […]

TRON Now Ranks Second After Ethereum (ETH) in the Issuance of USDT

The Tron network now hosts the second largest amount of Tether (USDT) after the Ethereum network. Tether (USDT) has been issued on 6 blockchains. Tron (TRX) now hosts the second-highest amount of USDT after the Ethereum network. The parent company of Tether now has $8.59 Billion in total assets. The Bitcoin (BTC) halving is now […]

Will We Still Need Interoperability Bridges When Ethereum 2.0. Launches?

If the long-awaited ETH 2.0 lands in July as promised, it will mark almost exactly five years since the world’s first smart contract platform launched in July 2015. The upgrade will introduce significant constraints on supply. These include a new cap on issuance, but it will also lock up substantial quantities of ETH as stakers […]

Brave Browser To Add BNB and BUSD As Part Of Its Reward System In The Future, Says CZ

Binance CEO Changpeng Zhao (CZ) and Brave Software co-founder and CEO Brendan Eich said in a live stream earlier today that the partnership between the two will continue with new developments. Both companies plan to introduce Binance Coin (BNB) and Binance USD (BUSD) as new additions to the Brave Browser Rewards system. Brave Browser To […]

Breaking News: YouTube Suspends Ripple’s CTO’s Channel For Impersonation

YouTube has unexpectedly suspended David Schwartz’s channel for impersonation. Consequently, he may be barred from “accessing, possessing or creating any other account.” Ironically, Schwartz is the CTO of the real-time gross settlement system, Ripple, whose CEO announced early this week it was suing the social media platform for their negligence. In a surprise Twitter post, […]

Tron active addresses hit 350k: Trailing Bitcoin and Ethereum

Tron rivals Ethereum for the second position in the number of active blockchain addresses. Tron price recovery stalls above the initial support at $0.0140 but buyers remain in the driver’s seat. Tron has continuously marketed itself as a worthy alternative to Ethereum and other smart contract building platforms such as EOS and NEO. On April […]

China’s National Blockchain Will Change the World

Professor Michael Sung is founder and chairman of CarbonBlue Innovations, a tech transfer platform for commercializing internationally sourced blockchain, fintech and digital finance innovation in developing countries. He is also co-director of the Fintech Research Center at the Fanhai International School of Finance at Fudan University.  This week, China will officially launch a major new […]

Bitfinex Lists New Cross-Chain DeFi Token to Drive DEX Liquidity

Major crypto exchange, Bitfinex, continues to drive decentralized finance, or DeFI, adoption by announcing support for a new cross-chain DeFi solution. Bitfinex exchange plans to list pTokens (pBTC) — a new token that aims to unlock cross-chain DeFi liquidity by connecting Bitcoin (BTC) to any blockchain. The token is pegged 1:1 to Bitcoin and is […]

Adoption Challenges: People Do Not Understand Decentralized Cryptocurrencies, Survey Says

Although the coronavirus crisis presents one of the largest opportunities to create cashless economies, the underlying barrier for crypto mainstream adoption remains the user’s lack of trust and knowledge of the fundamentals of crypto. Many still consider centralized solutions to be the better option. DeFi the Savior For Mainstream Adoption? Think Again DeFi, the much-lauded […]

Binance Launches Its Own Smart Contract-Enabled Blockchain To Challenge Ethereum

Binance, the world’s largest cryptocurrency exchange has released the Whitepaper for its new Binance Smart Chain (BSC) that will operate parallel to the current Binance Chain. This new chain will have smart contract capabilities and it will run independently. Smart contracts are computerized protocols that enable the smooth running of decentralized applications. In the crypto […]

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