Down We Go: $38 Billion Evaporated as Bitcoin, Altcoins Net Double Digit Losses

For those calling for the end of the bear cycle- hold tight a little longer. Following the extended sideways market movements, a price explosion was imminent. Unfortunately, this action took place in favor of sellers, as Bitcoin continues to tumble over the course of the past 24 hours. Altcoins have similarly followed suit. Last night, […]

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OpenBazaar Struggles with Bitcoin Fees, CyberMiles Launches Crypto-Only Marketplace with Zero Transaction Fees

Washington Sanchez, co-founder of the well-known decentralized marketplace OpenBazaar, recently expressed his frustration over the high fees associated with Bitcoin (BTC) transactions. On May 4, Sanchez tweeted, “I personally wasted so much time in the Bitcoin scaling civil war that I could have used designing/building dapps and opening up OpenBazaar to multiple currencies. Instead, we had to wait for fees to cripple any consumer usage before we woke up.” Since 2014, OpenBazaar has been accepting Bitcoin payments, which have made up the majority of its transactions. Yet due to high transaction fees and wait times, the e-commerce website that

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PR: LEEKICO helps Blockchain Network Connectivity Project NKN to Close Successful Crowdfunding

LEEKICO helps Blockchain Network Connectivity Project NKN to Close Successful CrowdfundingSydney, Australia – LEEKICO, a one-stop-service ICO platform, successfully supported NKN, a project aiming to rebuild the Internet that will be truly open, decentralized, dynamic, safe, shared and owned by the community, completed its highly anticipated token sale on April 19th, 2018. With LEEKICO’s support, NKN collected a total of ETH 24,100.

NKN’s early bird sale, which was only opened to participants who were previously whitelisted for the project, started on April 2nd and was completed on April 8th. The main ICO took place on April 19th and collected 70% of the hard cap in the first 3 minutes, with the cap reached shortly after.

The post PR: LEEKICO helps Blockchain Network Connectivity Project NKN to Close Successful Crowdfunding appeared first on Bitcoin News.

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CyberMiles Launches Blockchain for E-Commerce That’s Compatible with Ethereum but Faster and More Secure

The Ethereum blockchain has become known as the platform of choice for cryptocurrency entrepreneurs. The open-source nature of Ethereum, along with its ease of development, has made it possible for cryptocurrency startups to build smart contracts, create decentralized autonomous apps (DApps), and launch new cryptocurrencies with relative ease. Unfortunately, like most new technologies, the Ethereum blockchain has its share of problems. While there was early praise for the technical innovations of Ethereum, questions have been raised recently about its security and scalability. After the popular CryptoKitties blockchain game was released on November 28 of last year, Ethereum experienced some of its largest network

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