Weekly Blockchain Industry Report(10th Issue) 2018.6.16-6.22 OK Blockchain Capital

Daren Kong Transalated by Billy Lau Market Overview The past week’s daily average global market capitalization of cryptocurrency was $283.2 billion and the daily average transaction volume was $12.24 billion, indicating a decline of 6.98% and 20.93% respectively. The daily average market capitalization of the top five cryptocurrencies decreased by 5.17% from the previous week. … Read more

Bitcoin in Brief Tuesday: New Patents, Research Centers and a $300M Fund

While short term investors and speculators might not be in the best of shape right now, the long term development of the ecosystem is still advancing on pace. Companies and institutions are continuing to invest time and money for furthering cryptocurrency research as can be seen by the stories featured in today’s edition of Bitcoin … Read more

Gramatik Lays Down Funky Crypto, Netflix Sucks

Electronic music futurist, Gramatik, released a groundbreaking song and accompanying video, highlighting the development of money. With all the trash in popular culture when it comes to cryptocurrency (drugs, terrorism, etc.), his ‘Future Crypto’ is a welcome respite. Speaking of trash, Netflix greenlights Vox’s horrible episode five in its first season of ‘Explained,’ where it … Read more

PR: Vestchain Starts Airdrop

Nowadays there are many challenges inherent to the existing blockchains. Among them the following main problems may be distinguished: • Low capacity level caused by permanent data calculation. • Progressively growing blockchain data volume, which in its turn causes troubles when there is a full synchronization. • High transaction costs. The post PR: Vestchain Starts … Read more

Japan Wants to Scrap Its Progressive Crypto Tax Rate

Cryptocurrency traders in Japan currently can be taxed as high as 55% on their profits. However, the country’s Deputy Prime Minister, Taro Aso, wants to change how crypto transactions are taxed, from a progressive rate to a uniform rate. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Aso Wants to Change Crypto Taxation The Japanese … Read more

A Character Called Bitpico Thinks He Can Stress-Test the BCH Network

This Sunday news.Bitcoin.com reported on a community-driven Bitcoin Cash network stress test taking place this September. However, allegedly another stress test is in the works with malicious intent, according to a lesser known developer named Bitpico. The anonymous person claims the attack has already started, and emphasizes his blitz of spam will amplify over time. … Read more