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Latest Blockchain News
Considering the extended bear market throughout 2018 and the financial stress it has placed on miners in Bitcoin, it is pertinent to look at Bitcoin’s difficulty adjustment and how it plays a vital role in the economics of the legacy cryptocurrency. Bitcoin’s difficulty adjustment is one of its most..
Since gold was first discovered more than 40,000 years ago, its utility has drastically changed several times. Initially, the precious metal was simply used to fashion ornaments and jewellery, but became first used as a unit of value by the citizens of Lydia, a kingdom located in Western Asia during..
Bitcoin’s emergence has seen an incredible amount of speculation about its price. However, the further adoption of Bitcoin as a viable means of payments and acceptance among merchants is what will drive it into the next phase of its development. Despite Bitcoin’s on-chain structure functioning more..
Bitcoin’s potential as a decentralized, P2P digital currency is, in many cases, limited by the extension of the application and design space around the legacy cryptocurrency. Particularly in regards to merchant adoption, legacy payment processing services remain much more straightforward to use. Bi..
Bitcoin and Ethereum are the two most well-known cryptocurrencies today, with the former the legacy cryptocurrency created by the anonymous Satoshi Nakamoto in 2008 and the latter proposed by Vitalik Buterin in 2013. Although both cryptocurrencies have several similarities, their designs are distinc..
The world’s fourth largest bank is tokenizing cash using its own blockchain-inspired platform — just don’t call it a stablecoin or cryptocurrency project. On September 17th, Wells Fargo announced it was piloting an internal settlement service using distributed ledger tech (DLT), of which blockchain..
The Bitcoin exchange-traded fund (ETF) rollercoaster took another dive on Tuesday, perpetuating the ride that these investment vehicles have been on for over five years. In a filing dated September 17th, VanEck and SolidX, the partners behind a leading Bitcoin ETF application, revealed that they ha..
Bitcoin has been the reigning money of choice within the cryptoeconomy since the ecosystem’s start, but Ethereum is continuing to climb toward king of the hill — at least if daily transaction fees are any indication.“As of September 15th, ETH had $182,899 daily transaction fees compared to $185,9..
Latest Altcoin News
It is clear that gaming is becoming a global industry. Just recently, the Fortnite World Cup, sponsored by FIFA, took place in New York. Tens of thousands of people descended on a stadium to watch gamers duke it out over a $30 million prize pool. Millions watched online, social media was ablaze with..
Bakkt’s bitcoin futures and custody platform launch on 23 September is a shot in the arm for crypto, but in addition to boosting bitcoin it could also raise the profile of Ethereum. The long-awaited physically settled futures should qualitatively shift market composition toward greater institution..
DeFi on Ethereum Gains Steam Decentralized finance, best known as DeFi, has rapidly gained steam on Ethereum — despite the fact that ETH is currently falling against Bitcoin, reaching multi-year lows over the past few weeks. This class of decentralized applications (dApps) have quickly garnered tr..
One oft-critiqued aspect of XRP is its close ties to the FinTech company Ripple – an entity that holds a significant amount of XRP. Despite this, the company is also a driving force behind the utility and adoption of the cryptocurrency, which has led many investors to believe that its close ties to ..
The developers of Ethereum (ETH), the world’s largest platform for building and deploying decentralized applications (dApps), have been experimenting with different approaches for effectively scaling the smart contract platform. Ethereum Co-Founder Vitalik Buterin has considered using other blockch..
XRP to Collapse to $0.16? XRP may be in for a harrowing next few weeks. Just as fast as bulls have brought this market to and past $10,000, bears have slammed Bitcoin, pushing the leading cryptocurrency down by around $2,000 in the past 48 hours. With this move, analysts have begun to fear the w..
Ethereum Inflation Rate Could Plummet (And That’s Good) OK, let’s set the record straight: cryptocurrencies, be it Bitcoin, Ethereum, or otherwise, often sport inflation rates. Save for some select cryptocurrencies, the growth of Bitcoin’s supply is the lowest, and has thus remained a benchmark for ..
Developers Unveil Massive Monero Bug Revealed on July 3rd by developers on HackerOne, Monero (XMR) was recently subject to a number of security vulnerabilities. One bug in question would have given attackers the ability to “create” XMR that didn’t really exist on the blockchain. If used correctly,..
News Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has red-flagged the activities of a fraudulent clone website that is impersonating cryptocurrency payment services provider BitPay. On Sept. 18, the CSSF issued a warning about a company going by the..
Analysis Since early 2018, Craig Wright, a controversial Australian computer scientist and tech entrepreneur, has been the defendant in a lawsuit filed on behalf of the estate of Dave Kleiman, Wright’s late business partner. The claim alleged that following Kleiman’s death in 2013, Wright unlawful..
News The Turkish government has announced plans to establish a national blockchain infrastructure to utilize distributed ledger technology (DLT) in public administration. The Ministry of Industry and Technology set out its vision during its Strategy 2023 presentation on Sept. 18 in Ankara. Strateg..
Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant Line i..
Price Analysis The Chicago Board Options Exchange has withdrawn its application for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). However, VanEck’s director of digital asset strategies Gabor Gurbacs stated that they will continue to work with regulators to bring “a physical, liquid a..
News The United States Food and Drug Administration (FDA) is holding a public meeting to discuss a new initative called “A New Era of Smarter Food Safety.” In an announcement on Sept. 17, the FDA said the consultation with international stakeholders — designed to debate public health challenges an..