Blockchain technology is seen to help the world with several use cases. Countries like China are embracing the technology for several real-world problems thanks to its key characteristics of decentralisation. In a recent speech Park Won-soon, the mayor of South Korea revealed plans of investing in an expansion for Blockchain. The mayor made the speech...
Spencer Bogart, a partner of Blockchain Capital, predicted a surge in value for Bitcoin and other cryptocurrencies given that it has bottomed. “We’re down about 70 percent from our highs, so I think that bitcoin is close to bottoming and so is the rest of the market,” Bogart said on CNBC’s popular show “Fast Money.”...
Tron News – Tron VM & Odyssey 3.1 TRON which is noted to be one of the most extravagant cryptocurrency projects this year, 2018 has not seen improvements in their prices as a result of exciting acquisitions and even launching their main net. However, a tweet by its owner Justin Sun on October 8th about...
SBI Holdings is setting itself as a 100% Ripple powered financial institution, from a cryptocurrency exchange powered by Ripple to the latest mobile application called MoneyTap to transfer money anytime and anywhere. XRP showed signs of positivity a few weeks ago when PNC bank in the United States partnered up with Ripple when it overtook...
A lot of interesting Ripple news appeared lately. However, one thing in everyone’s mind about XRP is whether it’s a security? Given the allegations and legal cases of it being a security due to vested interest by Ripple still seems unclear. However, a former US Securities and Exchange Commission (SEC) member Michael Didiuk stated at...
The Winklevoss twins are constantly trying to improve the cryptocurrency market. First, it was their Bitcoin ETF which failed to prosper. However, their next initiative for their own cryptocurrency exchange Gemini seems to be successful. Gemini Exchange will now offer insurance coverage on customer’s cryptocurrencies. The insurance will be provided by a group of insurance...
Popular American cryptocurrency exchange, Coinbase has found a solution to the growing problem of transactions being stuck due to fee rate hikes and Bitcoin network congestions. Coinbase explained the solution called Child Pays for Parent (CPFP) in an article– “To address these challenges, we leaned on a well-known procedure which uses economic incentives enabled by...
The world’s largest cryptocurrency exchange, Binance has ventured into investing a whopping AUD 3.48 million (equal to about US $2.5 million) into an Australian cryptocurrency payments startup called TravelbyBit. The sole reason for the joint partnership is an introduction to a point-of-sale (POS) system which has already been developed by TravelbyBit. The objective is to...
The much-awaited exchange Bakkt is to launch in November. Bakkt is a cryptocurrency startup by Intercontinental Exchange that aims to address the various requirements and allow for a better platform for large institutional investments. Baakt will accomplish this by offering new products through physically delivered Bitcoin futures contracts versus fiat currencies so that it adds...
Nigel Green, CEO of deVere Group, expressed his positivity for Ripple’s XRP in an article. He spoke about XRP reaching the $1.00 price before the end of the year, given that XRP has unique features such as its technology and problem-solving capabilities. He further highlighted XRP’s 100% rise in price last week. Green even predicted...