The largest shareholder in Overstock funded blockchain wealth management startup Bankorus has claimed that the firm has no money left. In a statement issued on Oct. 6, Sonic Zhang said that previous funding deals for Bankorus had fallen through and that all its employees have resigned. Zhang: Bankorus “has run out of cash” As a […]
Everyone knows of Malta as the “Blockchain Island”. Yet, according to blockchain expert and consultant Steve Tendon, the tiny European country falls painfully short of the mark. In a fascinating and brutally honest article about the birth of the blockchain island concept, Tendon claims that Malta completely “missed the point” of the power of cryptocurrencies. […]
From Bitcoin emergence on the deep web in 2008, to the ICO funding craze of 2017, the blockchain/crypto industry has experienced its fair share of ups and downs over the past ten years. Despite a dramatic influx of money and big Blockchain Startups, the industry has also fallen prey to scams, pump-and-dump schemes, and spectacular […]
In the near future, decentralized finance (DeFi) may provide a whole host of financial services and products, which are currently inaccessible to the vast majority in the world’s population. Much as search engines rapidly made the internet indispensable to modern life, smart contracts could be on their way to becoming a cornerstone of modern finance. […]
Chicago-based rating firm Morningstar moves into the cryptospace by offering blockchain-based solutions for the global debt Blockchain securities market. Chicago based securities rating firm Morningstar has moved ahead of the rest of the securities ratings agencies to begin rating blockchain-based debt securities which are backed by debt assets in the real-world. Being the first time, […]
Earlier in September, both traditional and alternative investors reacted positively to the news that Nasdaq will launch a new index tracking a select group of DeFi crypto innovators. Is Blockchain Too ‘Bleeding Edge’ for ETF? Not only did this represent another milestone passed in terms of blockchain tech gaining mainstream acceptance as a potent and […]
China fintech stocks are starting to soar ahead of the expected launch if its CBDC. This is driven by the possibility that the digital currency will provide a need for security and payment services. While Facebook is trying to do everything it possibly can to ensure proper regulatory approval before the Libra is launched next […]
Telegram has developed a wallet for its Gram cryptocurrency. Currently, the GRAM wallet is available in the alpha version of the Telegram messenger for iOS and functions in the TON testnet. Good news for Telegram users: the company has developed a wallet for Gram, the native cryptocurrency of the TON Blockchain created by Telegram. Currently, […]
Blockchain Scalability is one of the biggest challenges facing blockchain and crypto — a hurdle only the industry can solve. Without a solution, even CEOs from major global exchanges fear that mass adoption will never be achievable. Scalability is the long-running thorn in the side of this fledgling technology, which is still relatively young and […]
Will it be a game-changer to the existing financial system? Decentralized Finance, known as DeFi, has been making waves in the crypto industry. Even Nasdaq has launched a new crypto index lately, called Defix, for the projects in the DeFi space, monitoring real-time information of DeFi protocols. With its enormous potential and ambitious growth of […]
The blockchain-powered internet protocol is aiming to provide users with increased speeds, reliability and enhanced security that the already existing network has failed to meet with time. V SYSTEMS, the blockchain database created by the founder of the proof of stake (PoS) protocol, Sunny King, and the VPN service that has users around the world, […]
Blockchain technology and Blockchain Developer Demand has made a huge breakthrough since its introduction, and more and more companies are moving towards the adoption of this technology. The market cap for services and products that use blockchain or are related to a blockchain is expected to reach $8 billion by the year 2022. India has […]
VeChain CEO and co-founder Sunny Lu says VeChainThor VeChain Blockchain is enabling real business value that can radically shift the current ecosystem and reshape how companies collaborate and transact. Speaking last week at the Shanghai International Blockchain Week 2019 with partners DNV GL and Deloitte, Lu says that VeChain Blockchain, a public blockchain platform that […]
The study conducted by the Cambridge Center of Alternative Finance (CCAF) indicates that individual firms created over seventy percent of Live blockchains. The research also indicated that the blockchain hype that started after the 2017 Bitcoin bulls had ended as well. Now blockchain companies are moving towards more realistic avenues for adoption. Live blockchains: Who […]
American e-commerce giant Overstock hopes to liberalize its planned digital Overstock Cryptocurrency Dividend shares trading. According to a Sept. 18 news release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution. As such, the company will not have to put its dividend shares on the six-month […]
Telegram GRAM tokens unlocked sale starts on SEP 19TH. Telegram Open Network. The ATAIX exchange has announced that it will be the first to sell the native currency of the Telegram Open Network (TON), Gram [GRM], with sales commencing on September 19th. Initially bought by investors during Telegram’s astounding $1.7 billion ICO last year, Gram […]
The percentage of Segregated Witness (SegWit)-spending Bitcoin (BTC) transactions has reached 50.5%, or an all-time high, according to transactionfee.info statistics. SegWit solution to Bitcoin transactions SegWit is a proposed update to the Bitcoin Core, which is designed to reduce processing and wait times. Originally, the update was aimed at solving transaction malleability, a well-known weak […]
Telegram’s TON network will be the biggest blockchain ever, according to those working on the project. But its fate is far from certain. The Telegram Open Network, or TON, is Telegram’s upcoming Proof-of-Stakenetwork that promises to integrate blockchain payments into its messaging app that serves some 365 million users. If it delivers on promises of […]
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