Blockchain-oriented companies are always looking for ways to gain a competitive edge over others. In some cases, that means switching from one blockchain to another. For its part, Tutellus is switching over from Ethereum’s blockchain to NEM’s chain. It’s a remarkable decision, although it remains to be seen if this creates a precedent for other companies. From Ethereum to NEM Over the past few years, we have seen a ton of projects try and build on top of the Ethereum blockchain. Given the technical advantages that this blockchain has to offer, such a decision seems to make a lot of sense.Powered by WPeMatico
It seems virtually every person and company aims to create their own cryptocurrency. While that is commendable, it also raises the question as to how viable all of these projects will be in the long run. The co-creator of Uber has officially announced the Eco cryptocurrency, although it remains to be seen who will use it. What Purpose Does Eco Serve? It is always interesting to see what newly-announced cryptocurrencies bring to the table. Garrett Camp, the co-founder of Uber, is launching Eco as a way to deal with the shortcomings cryptocurrencies face right now. His approach is to create
The past few days have been pretty interesting for most cryptocurrency markets. The usual suspects are trying to gain momentum, yet failing for the most part. The Monero price, on the other hand, has not been talked about much, yet its gains are more than respectable. Even these past 24 hours, the Monero price gained another 11.82% in value. Monero Price is Pushing Hard Similar to what we saw in other cryptocurrency markets, the start of 2018 was not kind to the Monero price whatsoever, In fact, the Monero price saw some of the biggest losses in the entire top
Word of mouth sent cryptocurrency investment to an all-time high at the end of last year, and Coinbase capitalized on it big time. As one of the easier sites on which to start buying crypto, it should come as no surprise that Coinbase was the platform of choice for thousands of new investors. Coinbase experienced a surge of investors like never before last winter, taking in 43% of its annual revenue in December alone. What’s the story behind this rise, and how will Coinbase remain competitive with Robinhood and other platforms? Why Coinbase? Coinbase has remained one of the more popular platforms for buying digital assets such as Bitcoin, Ethereum and
This week the private bank headquartered in the Principality of Liechtenstein, Bank Frick, announced its customers will now have the ability to directly invest in cryptocurrencies. According to the financial institution, the company will offer account holders the means to purchase fives different cryptocurrencies that will be held in cold storage using the bank’s platform. […]
With all cryptocurrency markets in a very odd state once again, it will be interesting to see what the future holds. The Bitcoin price is moving up, yet half of the top 15 markets are losing value as of right now. The Litecoin price is one of the few rare exceptions in this regard. More specifically, we see the Litecoin price rise by 3.73% in the past 24 hours, pushing the value to just over $214. Litecoin Price Tries to Note Positive Momentum So far, it seems as if this weekend may turn out slightly catastrophic for most cryptocurrency markets
Browsing the latest cryptocurrency projects, it would be easy to conclude that decentralization is a panacea; a cure for humanity’s financial woes. It must be, surely, given that it’s a key tenet of every other new cryptocurrency and ICO. Without the gospel of decentralization, there would be no point in launching a blockchain version of […]
Immediately after a tweet announcing the winners for its Valentine’s Day campaign, Waltonchain created a PR nightmare, publishing a response to the tweet written by an excited winner on their own account. Some responses made light of the posting error, with the first Twitter comment reading “forgot to change accounts? lol”. Others accused Waltonchain of rigging the contest and called out some of the other winners (@Waltonchainbot and @Waltonchainuk) as either bots or fake accounts. Waltonchain (WTC) is a blockchain-based project using RFID tags to monitor inventory in business supply chains. In the hours following “the Twitter incident”, as they’ve named
Cryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines. Also Read: Australian High School to Host Information Night on Cryptocurrencies Australians Can Now Buy Cryptocurrencies With 1,200 News […]
In late 2017 the bitcoin payment processor Bitpay revealed it would add the ability to process payments for multiple blockchains — starting first with the bitcoin cash (BCH) chain. Now on Thursday, the Atlanta-based company announced that BCH transfers can be applied to the firm’s Visa card invoice loads. Also Read: Dutch Bank That Once Called […]