The Tron ecosystem ended 2018 on a high. In the course of the year, Tron unveiled it Testnet and Mainnet platforms. By the close of the year, Tron witnessed the number of dApps surge to 83. Additionally, the number of active accounts under the network moved past the 1 million marks globally. Tron is now gaining popularity due to a series of lined up projects. The upward growth trend of dApps under Tron has continued in 2019. In the first week of the year, Tron has managed to add 20 new dApps. Despite Tron being a young platform, it’s top...
Latest Cryptocurrency News & Guides
Sidechain Paper by Cardano to be Highlighted at Cybersecurity Security Conference
IOHK, the development team of Cardano’s sidechain paper has achieved a great feat by being accepted on the leading Oakland cybersecurity conference. The conference called “IEEE Symposium on Security and Privacy” is to be held in May 2019, in San Francisco, California. The conference is known for the presentation of high-quality academic research and developments in computer security and electronic privacy. Cardano’s founder, Charles Hoskinson, expressed his delight on Twitter congratulating the authors of the paper. Thus Cardano’s paper being accepted brings forth the value it brings to the overall computer security market. The sidechain paper was written by Kiayias Zindros,...
CEO of Circle’s AMA Session Brings Forth Positivity Into Crypto
Circle’s CEO, Jeremy Allaire joined in on the latest trend of the Ask Me Anything (AMA) session on Reddit. Although AMA sessions are considered marketing stunts, Allaire highlighted the most recent workings of Circle and his confidence in cryptocurrency. The key introductory highlights were the launch of Circle Invest, CENTRE Consortium and the launch of USDC stablecoin. The CEO also brought into light about plans of acquiring a crowdfunding platform for startups called SeedInvest. Circle Trade which focuses on OTC trading for cryptocurrencies has executed 10,000 trades which was worth more than a whopping $24 billion. Questions asked by the...
Wyoming, The Home of Cardano
The United States of America may be divided in their opinion on cryptocurrency. However, one state which has promoted its positive stance towards cryptocurrency is Wyoming. The 33rd Governor of Wyoming Mark Gordon highlighted several blockchain startups in his inauguration speech. These startups included BeefChain, SheepChain and the more popular Cardano. Unlike most of the blockchain and cryptocurrency companies, Charles Hoskinson, the founder of Cardano preferred a place nearer to his home town of Colorado instead of the more popular destinations such as Malta. Hence choosing Wyoming as the headquarters of the cryptocurrency company. Beyond just the governor’s positive attitude,...
Bakkt Flexes It’s Investment Muscle
The much-awaited Bakkt has secured a mouth-watering $182.5 million from it’s Series A funding. The most affluent investments is from Li Ka Shing, who is one of the wealthiest people in the world right now. Li Ka Shing is a famous billionaire from Hong Kong. He is currently ranked 23rd on Forbes list and has broadened his portfolio through Horizons Ventures especially in tech startups. Other notable investors in the Series A funding include ICE, Boston Consulting Group, Microsoft’s venture capital arm M12 and Naspers’ fintech company PayU. Bakkt is a cryptocurrency platform built by Intercontinental Exchange (ICE) which is...
Reasons Why Bitcoin’s Lightning Network Is Revolutionary
Short Description: Lightning Network is designed is solve the scalability deficiencies inherent in the Bitcoin blockchain. Here are the reasons why it is viewed as ingenious. Introduction Currency of the New Age – as Bitcoin is popularly called, ought to be the most secure, cheapest and fastest means of transaction but its recent form depicts the opposite. This however threatens the scalability of the coin. Is there a way to fix this? Stick around and you’ll find answers. Bitcoin Scalability Issues One of the many Blockchain technology benefits is the avalanche of digital currencies with Bitcoin being the most popular...
Ripple Reaches Yet Another Milestone
Ripple made quite an impact last year with several partnerships across the financial industry. It’s latest milestone was one that could not have been predicted at the start of 2018. The third-ranked cryptocurrency company has signed over 200 financial institutions. The main reason for large financial institutions partnering up with Ripple is the cheap, fast and transparent cross border payment solution it provides through its technology. The latest financial institutions to join RippleNet include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND, and Rendimento. Out of the...
IOTA and Crypto Storage AG Introduces Revolutionary Token Storage Infrastructure Solution
Crypto Storage AG has worked together with IOTA Foundation for the first multi-signature storage solution for the storage of high volumes of IOTA tokens worldwide. It brings an added benefit of security to companies that are utilizing IOTA’s technology by a separate infrastructure and a definable approval process. The CEO of Crypto Storage AG, Stijn Vander Straeten was delighted at supporting IOTA given it’s rising demand in various industries throughout the world. The partnership between IOTA and Crypto Storage AG is a win-win for both the companies. It brings onboard IOTA investments for Crypto Storage AG clients. As well as...
DX Exchange Tokenizes Popular Tech Stocks
Finally, everyone’s favorite tech companies such as Amazon and Facebook are on board through digital tokens. However it’s not through their established brands, but instead through a cryptocurrency platform called DX.Exchange. DX.Exchange widely took to Twitter to release their announcement of introduction on January 7th. Users of DX.Exchange will be able to not only buy and sell popular cryptocurrencies but also trade on tech stocks through digital tokens. The exchange brings in unique trade pairings. In crypto to crypto pairs, it has Ripple (XRP) available against Bitcoin and Ethereum, while there is the availability of the Japanese Yen and also...
Gold Backed Crypto Exchange Offers Safe Haven for Crypto Investors
GOLD.IO Seeks to Develop Decentralised & Self-Regulating Community Exchange Turbulence in the global markets is nothing new but the cryptocurrency community has faced an unprecedented 18-month period of flux. The need for a fully decentralised, stable, self-regulated and community-led exchange that can offer investor confidence amidst a chaotic global economy has never been stronger. Setting the Gold Standard with Crypto’s Founding Principles. With a scalable inter-blockchain and decentralised exchange the GOLD.IO platform is not only self-regulated and led by its stakeholders, but asset linked – offering exchange investors unrivaled portfolio security. Gold has always set the market standard and has...
