VeChain, a company that describes itself as the “leading global enterprise public blockchain platform” has just announced a new partnership with eGrid thus adding another impressive name their list of high-profile partners.VeChain announced the partnership on Monday with posts on their Twitter and Medium accounts stating their aim to “synergistically provide comprehensive … [Read more...] about Vechain Announce Partnership With eGrid
While it is not known as a token launching platform, it would appear that Ripple's ecosystem allows for other cryptocurrencies to build upon it. The first XRP-based token to be created is Allvor, an e-commerce focused token which aims to make the act of decentralized payments even easier and faster across the web. While Allvor will be taking advantage of the XRP ledger, it has … [Read more...] about Allvor Is Shaking up the Ripple Ecosystem
Monero's recent hard fork, which was issued by developers for ASIC mining resistance, has resulted in a huge lowering of the global hashrate by over 70%. Sources from both Bitinfocharts and Coinwarz reveal that XMR's hashrate dropped from 1.014GH to a mere 157MH. Most likely the reason for this is that ASIC miners have already been rampant in the Monero ecosystem for a while … [Read more...] about Monero’s Mining Hashrate Drops by Over 70% After Becoming ASIC Resistant
On April 6, 2018, developers were successful in hard forking the anonymous coin, Monero. The main reason for doing so was to prevent Bitmain from distributing a recently announced mining rig designed specifically for mining Monero. The mining rig in question, the Antminer X3 created by Bitmain, is an ASIC (application-specific integrated circuits) mining computer meaning that … [Read more...] about Monero Successfully Hard Forks to Avoid Bitmain and ASIC Computers
Nano (NANO/XRB) has found itself in the center of a class-action lawsuit that, if successful, could set a precedent for the way cryptocurrency developers are held accountable in the future. The lawsuit relates directly to an incident in February when the equivalent of $150 Million in the form of Nano was stolen from the Bitgrail exchange. Since the situation, the blame has been … [Read more...] about Nano Is Currently Being Sued Over the Bitgrail Exchange Attack
The recent scandal involving Cambridge Analytica and Facebook has revealed how the data of 87 million people were improperly shared, bringing into question something that many of us rarely consider or take for granted — the safety and privacy of our data. The Scandal Initial estimates by Facebook put the number of users whose data was shared improperly with Cambridge … [Read more...] about Facebook Scandal Highlights Need for Decentralized Data Management
Crypto Disrupt published an article a few days ago stating that George Soros has now given the go-ahead for his hedge fund to invest in cryptocurrencies. Since Bloomberg made the announcement, much has been written about the Soros style of investment and George Soros himself.Reddit, in particular, has many threads, and it’s quite clear that some people despise the man. They … [Read more...] about Is George Soros About to Short Bitcoin?
Bitcoin Cash was a result of a hard fork from Bitcoin core in August 2017, and on 15 May 2018, it will fork again to update the consensus rules. The update includes various op code revisions but the biggest change is to accommodate 32MB block sizes.Bitcoin core retains the original 1MB block size whereas Bitcoin Cash will continue to use an 8MB block size until the May 2018 … [Read more...] about Bitcoin Cash (BCH) Will Fork May 2018
When a child asks their mother for the latest high tech gadget the retort might be “Who do you think I am, Zuckerberg?” or maybe Musk, Gates and even Nakamoto. A few decades ago the expression many parents used was “Who do you think I am, Rockefeller?”Today, the Rockefeller family is still considered to be one of the wealthiest in the world with assets in real estate and … [Read more...] about Massive Rockefeller Wealth to Invest in Cryptocurrencies
In November 2017, Bitfinex announced a Euro trading pair with Bitcoin that was made possible through a small Polish bank. Bitfinex is currently the largest Bitcoin exchange in the world with several hundred million dollars’ worth traded every day.Incidentally, Mt. Gox also had a bank account in Poland before they ceased trading. Bitfinex CEO is Jan Ludovicus van der Velde, … [Read more...] about Has €400 Million Been Seized From a Bitfinex Account in Poland?
Considered by many to be one of the world’s most successful investors, George Soros went on record in January 2018 to state that cryptocurrencies are a bubble and could never be used to pay wages as the price was too volatile. At his annual speech at The World Economic Forum 2018 in Davos, Switzerland, he went on to say that Bitcoin’s primary purpose was for tax evasion and for … [Read more...] about Billionaire Investor George Soros Now Plans to Trade Cryptocurrencies
New and more ingenious applications are taking to the blockchain as the technology opens up new possibilities. The latest offering is from Sentigraph, which begins with an in-depth analysis of Twitter hashtags. What is Sentigraph? The system will integrate the IBM Watson AI-powered insight engine with the Ethereum blockchain to suggest the outcome of future events. Although … [Read more...] about Sentigraph Gauging the Sentiments of Users’ Reactions to Future Events
Banco Estado, the only Chilean bank that was providing support to the country's cryptocurrency exchanges, has severed ties with the industry by no longer offering its services. More specifically, it will no longer be working with the exchanges CryptoMKT, Buda, and Orionx. All three exchanges were informed that they had just ten days to complete and end their operations with … [Read more...] about Chilean Cryptocurrency Services Have Lost Their Support From Banks
The announcement that Sirin Labs has appointed Foxconn to manufacture their new blockchain smartphone (FINNEY) is huge news in the drive for widespread adoption - that is if it can be made affordable and enough people buy it.Sirin Labs announced on Twitter that Foxconn International Holdings would be developing their new blockchain phone that will reportedly retail at $1000 … [Read more...] about Can a ‘Blockchain’ Smartphone Encourage Widespread Adoption?
Number 1 in the top 10 cryptocurrencies by market capitalization in March 2018 is Bitcoin at $137 billion. What is Bitcoin (BTC)? Bitcoin is a digital currency where ownership is recorded on a decentralized network of computers known as nodes. The whitepaper for Bitcoin was published by Satoshi Nakamoto in 2009. The maximum number of coins that can be mined is 21 million with … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 1. Bitcoin
Number 2 in the top 10 cryptocurrencies by market capitalization in March 2018 is Ethereum at $46 billion. What is Ethereum (ETH)? Ethereum is the best known decentralized network for running smart contracts. Their website defines smart contracts as “applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 2. Ethereum
Number 3 in the top 10 cryptocurrencies by market capitalization in March 2018 is Ripple at $23.2 billion. What is Ripple (XRP)? Ripple claims to be the fastest, most scalable digital asset currently available for processing real-time payments. The network can handle 1500 transactions per second, which the company claims puts them at the same level as Visa and other card … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 3. Ripple
Number 4 in the top 10 cryptocurrencies by market capitalization in March 2018 is Bitcoin Cash at $15.5 billion. What is Bitcoin Cash (BCH)? Like Litecoin, Bitcoin Cash is another fork of top cryptocurrency Bitcoin. After protracted discussions regarding the best way to scale Bitcoin, a hard fork created Bitcoin Cash on Aug. 1, 2017. The new coin has 8MB block sizes, and the … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 4. Bitcoin Cash
Abra, a close competitor to Coinbase, has announced that it will be adding seven more cryptocurrencies to its mobile app. Agur (REP), Status (SNT), 0x (ZRX), Stellar (XLM), Bitcoin Gold (BTG), Stratis (STRAT), and DigiByte (DGB) will all be featured, meaning that Abra now offers 20 cryptocurrencies through its application.This looks like another stepping stone towards Abra … [Read more...] about Abra Announces the Addition of Seven More Cryptocurrenies to Its App
The Acorn Collective is looking to re-democratize the world of crowdfunding by crowdfunding it. They are looking to raise $50m USD so that they can develop a regulatory compliant platform that will help new projects succeed, and they have pledged to only discriminate against projects that raise legal or ethical concerns. The Acorn Collective The Acorn Collective believes … [Read more...] about ICO: The Acorn Collective Re-Democratizing Crowdfunding