FSB Releases Bullish Report on Cryptocurrencies

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Category: Altcoins, Bitcoin, Business, Investment, News, Platform, Tech

Report: Bitcoin Whales not Responsible for Destabilizing Cryptocurrency Markets

Contrary to the popular belief which posits that “crypto whales” are the prime culprits for digital currency market volatility – a new study published on October 10, 2018, by blockchain research firm Chainalysis suggests that cryptocurrency’s largest holders are a diverse set of individuals that help in stabilizing the nascent market. Bitcoin Whales not to Blame for Volatility A couple…

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Category: Altcoins, Blockchain, News, Platform, Tech

Cryptocurrency Investor Gives “13 Reasons Why” EOS Is a Disaster

Esteemed blockchain investor James Spediacci took to Twitter on October 9th, 2018, and discussed numerous reasons why the cryptocurrency EOS is a “disaster.” EOS has gotten a lot of attention and hype lately due to possibilities of Coinbase listing its token. The network is the world’s fifth largest with regards to market capitalization and boasts of the highest grossing ICO…

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Category: Altcoins, Business, News, Platform, Regulation, Tech

South Korea Mulls Over Reversing Ban on ICOs

South Korean legislators are planning to chase the road to clear their stance on Initial Coin Offerings (ICO) in November this year. Despite the government’s on-again-off-again relationship with cryptocurrencies, a National Assembly committee has mooted to revamp the cryptocurrency policies in the country on October 10, 2018. South Korea: Bringing hope to ICO Industry An east Asian nation, South Korea…

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Category: Blockchain, Cryptocyclopedia, Guides

Deep Dive into Futarchy

In Aristotle’s words “Democracy is when the indigent, and not the men of property, are the rulers.” The statement was powerful and highlighted that what lies at the core of democracy is the opinion of the people who are all identified equally. Countries around the world follow the democratic form of government and vote to elect the representatives who make…

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Category: Bitcoin, Crime, Exchange, Finance, News

Cryptocurrency Theft Hits Nearly $1 Billion in First Nine Months

Theft of cryptocurrencies through the hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year. Reuters reported on October 10, 2018, that this figure is up nearly 250 percent from the level seen in 2017, according to a report from U.S.-based cybersecurity firm CipherTrace. Main Report Highlights According to the CipherTrace report…

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Category: Altcoins, Blockchain, Finance, News, Platform, Tech

GMO Internet Set to Launch Yen-Backed Stablecoin “GMO Japanese Yen” in 2019

Japanese IT giant, GMO Internet has made its entry into the stablecoin space, with plans to launch a yen-pegged cryptocurrency in 2019. In an announcement on October 9, 2018, the company said that it would begin full-scale preparation to issue the stablecoin – GMO Japanese Yen (GJY) –  as it prepares for a move into the blockchain remittance and settlement…

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Category: Bitcoin, Blockchain, News, Platform, Tech, wallet

Blockstream Launches the Liquid Network, Bitcoin’s First Sidechain

Blockstream has announced the launch of the Liquid Network, the world’s first production Bitcoin sidechain. The bitcoin startup revealed that the network went live on September 27, 2018. The announcement was made by Blockstream’s Chief Strategy Officer Samson Mow. Years in the Making The Liquid Network is the culmination of some years work. Blockstream first released a whitepaper called “Enabling…

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Category: Altcoins, Blockchain, News, Platform, Tech

New “Lightweight” Cryptocurrency Coda Will Allow Users to Run Nodes in Their Browsers

A new project called Coda is developing a cryptocurrency that will be able to remain decentralized at scale by compressing its blockchain so that users can run nodes in their browsers. Should Coda become a success, this could usher in a new area of decentralization and scalability for future cryptocurrency projects.   What is Coda? The Coda Protocol refers to…

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Category: News

E.U. Securities Watchdog Studying ICOs “Case-by-case” to Take a Call on Regulation

The European Union’s securities watchdog has followed suit of its U.S. counterpart SEC, as the European Securities and Markets Authority (ESMA) said on October 8, 2018, that it is observing every initial coin offering (ICO) to decide whether it should be regulated or not, according to a report published by Reuters. Analysing ICOs and their Implications An initial coin offering…

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