CoinMarketCap last year rejected the web traffic metric that has catapulted new owners Binance into the top spot. Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners Binance in the top spot. But this stands in stark contrast […]
Continue Reading
Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain. Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office. According to the application published May 14 — but filed way back in November 2018 — inventors Simon J. […]
Continue Reading
Veteran trader Raoul Pal says the price of Bitcoin can easily rise to as high as $476,000 in the long-term. Raoul Pal, the CEO and founder at Real Vision, believes the price of Bitcoin (BTC) can reach $476,000 in the long-term. Pal is not alone in this belief as hedge fund managers like Morgan Creek […]
Continue Reading
Negative interest rates may turn Bitcoin into an attractive alternative for institutional investors, claims a recent report. A report claims that negative interest rates present Bitcoin (BTC) with a unique opportunity. The May 14 report, published by Stack Funds, stipulates that if the interest rates in the U.S. turn negative in the near future, it […]
Continue Reading
Does the sluggishness of Bitcoin network support the ‘death spiral’ scenario described by a VC? The signs of the apocalypse are upon us: Bitcoin (BTC) transaction fees peaking, block time increasing, and the mempool is becoming congested — all as predicted by Zach Resnick, a managing partner at Unbounded Capital. Flash crush is more likely […]
Continue Reading
China to officially set blockchain engineers as a new occupation to promote employment amid global COVID-19 pandemic. The ongoing coronavirus pandemic is transforming blockchain companies, and its impact is not always negative for the blockchain industry. Amid the latest coronavirus crisis-fueled changes, China is taking another step toward blockchain adoption to officially recognize industry jobs. […]
Continue Reading
Atari’s new partnership sets the stage for builders to incorporate the gaming powerhouse’s token. Atari has partnered with blockchain-as-a-service, or BaaS, company Arkane Network, allowing digital asset integration into gaming. A key aspect of the announcement sees developers able to build Atari’s Token into aspects of the gaming sphere, said a May 14 statement provided to […]
Continue Reading
The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally. North Korean leader, Kim Jong-un, is reportedly backing a group of hackers. Their goal? Stealing cryptocurrencies like Bitcoin (BTC) using phishing scams. Sources indicate that the country has ramped up these efforts in an attempt to prevent a […]
Continue Reading
SK Telecom released the world’s first 5G phone with a blockchain-powered ID authentication service incorporated. Samsung and SK Telecom, a South Korean mobile carrier, unveiled the world’s first 5G smartphone equipped with blockchain-powered ID authentication. The phone, called “Galaxy A Quantum”, has a quantum random number generation chipset developed in partnership with Samsung Electronics. The […]
Continue Reading
One crypto industry CEO thinks COVID-19 has brought Bitcoin further into the public eye. The CEO and co-founder of Bitcoin (BTC) investment app Amber, Aleks Svetski, said he thinks the COVID-19 pandemic has bolstered Bitcoin awareness. “COVID was one of the best marketing campaigns for Bitcoin in history,” Svetski told Morgan Creek Digital co-founder Anthony Pompliano […]
Continue Reading