Bookmarking Crypto Insights
No one said making blockchain games would be easy. But when Crypto Kitties went viral in December, briefly crippling the Ethereum blockchain in the process, it was believed to have cracked it. The $12 million in seed funding that the project secured, three months later, was seen as validation of this. But as the subsequent … Read more
Some 14 Indian banks have joined a blockchain consortium that aims to tap into the blockchain to speed up internal processes. Dubbed India Trade Connect, the consortium is six months old and will facilitate the swift issue of loans over a decentralized protocol. According to Bloomberg, the member banks account for more than 50% of … Read more
For new and experienced cryptocurrency enthusiasts alike, the world of blockchain represents an entirely new framework. The numerous applications and goals of blockchain technology, while impressive and potentially revolutionary, can also be quite daunting. Fortunately, there are a number of educational opportunities to both aid newcomers in getting their footing and enable veterans to master … Read more
On Saturday June 9, the founder of the bitcoin cash-centric wallet Electron Cash, Jonald Fyookball, revealed that he had created an on-chain betting protocol called Chainbet. The 255 lines of code form a proposal that allows a simple coin flip type of bet, but the software could be designed to handle more complex on-chain betting … Read more
In terms of activity, this past week has been no different than any other in the realm of cryptocurrency. With recent SEC and CFTC statements on cryptocurrency, Ripple’s multi-million dollar research fund, and EOS mainnet launch all taking place this week, the beginning of June has certainly been eventful. However, this has not translated into … Read more
German software company SAP SE has announced the launch of a blockchain platform that will facilitate the development of blockchain enterprise solutions. The blockchain-as-a-service platform will enable developers to build enterprise-level blockchain applications and will support Hyperledger Fabric and MultiChain, the company said in a statement on June 6. SAP also launched a host of … Read more
At press time, the father of cryptocurrencies is standing its ground at $7,600. The coin has undergone no change over the last 24 hours, suggesting that present support levels are holding up, but that resistance at $7,600 is proving difficult to overpower. One source states that bitcoin is “gathering steam” to move up, and is … Read more
According to the International Finance Corporation (IFC), small to medium-sized enterprises (SMEs) across a host of developing nations are currently faced with a ‘financing gap’ that totals nearly US$2 trillion. In China alone, almost 40 million SMEs remain unserved by existing financial institutions. This gap is of growing concern since the World Bank has stated … Read more
A foundational crypto ecosystem website, Bitcoin.org, promoted its new look this week. Designed to be more enticing and up-to-date, the site’s changes involve more than just cosmetics and graphics. For example, it has removed references to incredibly popular resources such as Coinbase, Blockchain.com, and Bitpay. Also read: Russian Farming Village: Local Crypto, Bitcoin Reserves, … Read more
Cryptocurrencies that are developed with the aim of replacing sovereign currencies such as the US dollar or the Japanese yen like Bitcoin are not securities. This is according to Jay Clayton, the chairman of the US Securities and Exchange Commission. In an interview with CNBC, Clayton also stated that most of the ICOs currently in … Read more