Thursday, February 21, 2019
EOS, Cardano and Tezos are cryptocurrency’s big sleepers. The latter project has lain dormant since last summer while its legal troubles played out, while EOS and Cardano have been beavering away, but have yet to produce the goods. With signs that all three projects are now stirring into life,...
Perth Mint, Australia’s largest gold refiner, has announced plans for the development a cryptocurrency backed by physical gold. If successful in developing the altcoin, it will join a long list of virtual currencies seeking to entice cryptocurrency investors to experiment with commodity-backed virtual currencies, including Venezuela’s soon to be...
Washington and legacy media are in a tizzy about Venezuela reportedly thwarting international sanctions by way of a dreaded state-backed cryptocurrency. A closer look reveals several stumbling blocks for the Bolivarian Republic: nonexistent reserves, hyperinflation, centralization, and the impossibility of actual redemption. The attempt will fail, if it’s ever rolled...
Even though Bitcoin is much larger than Ethereum it isn’t the only blockchain to suffer scaling issues: the ethereum network is presently experiencing a transaction backlog. The cause of the commotion? Cats. While the runaway success of Crypto Kitties has prompted widespread amusement, it highlights the vulnerabilities built into...
Justin Sun, the founder of “decentralized web” altcoin Tron, has reportedly taken over Bittorrent Inc, the San Francisco-headquartered company founded in 2004 to manage the ongoing development of the Bittorrent peer-to-peer file sharing protocol. Also Read: Bitcoin in Brief Tuesday: POT Saves World, Coinbase Pumps ETC, Binance Wants EUR TRX Founder Buys...
The rise of ripple (XRP) over the past eight months has been interesting to many digital asset spectators and the network also has its fair share of controversy. At the moment XRPs are trading at an average of $2.20-2.40 per token and ripple’s total market valuation has captured $91Bn...
If you had one opportunity to seize everything you ever wanted, would you capture it or just let it slip? So convinced is one man that cryptocurrency is the future, he’s given up his apartment and is living in his car while putting every spare cent towards his crypto...
Tezos investors wondering when the beleaguered project will see the light of day have finally received news. At UCLA Blockchain Lab’s Cyber Days conference on Sunday, Kathleen Breitman promised to “go rogue” and press ahead with the platform launch. If the Tezos co-founder has her way, “tezzies” tokens will...
Despite being associated with cryptocurrencies such as bitcoin and ethereum, ripple’s status as a decentralized currency is a matter of dispute. Critics have taken aim at XRP for years, claiming that Ripple exerts an unprecedented degree of control over transactions, something the company has always denied. A new report...
Drew Hinkes, a miami-based partner at legal firm Berger and Singerman has discussed the legal dispute over the approximately $232 million USD raised by the Tezos ICO. Last month, news.Bitcoin.com reported that the founders of Tezos had entered into a legal battle with the chairman of a Swiss foundation comprising...