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Everipedia Chooses EOS Over Ethereum Blockchain Ahead of Launch

August 11, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Ethereum, News

Everipedia, the decentralized encyclopedia application, has abandoned the Ethereum blockchain to launch on EOS instead. Everipedia’s developers believe that building the platform on Ethereum is “infeasibly difficult” due to its existing scalability issues. Everipedia: A Censorship-Resistant Encyclopedia According to The Next Web, Everipedia wants to usher a new database of...

Cryptocurrencies Meet Art at London’s Mayfair Gallery

August 11, 2018 by Eric Czuleger at Adoption, Altcoins, Bitcoin, Blockchain, Business, News

Come October 2018, and art patrons can purchase creative works at London’s Mayfair using one of the top eight cryptocurrencies. The global exhibition has always been at the cutting edge of the visual arts; it is now moving from fine art to fintech as allows patrons to pay with only cryptocurrencies...

McAfee-Backed “Unhackable” BitFi Wallet Hacked to Run P.C. Game

August 11, 2018 by Jefferson Nunn at Altcoins, Bitcoin, Blockchain, News, Tech, wallet

Security researchers have successfully modified BitFi’s hardware wallet and provided a demonstration of the device running Doom. BitFi’s response? “Prove it.” Security researchers are arranging a demonstration this weekend proving BitFi’s wallets can be hacked. Unhackable? Not So Much BitFi launched their hardware wallet in June as a way for...

Plasma and Plasma Cash: The Future of Scaling and Security

August 11, 2018 by Eric Czuleger at Altcoins, Blockchain, Business, Cryptocyclopedia, Development, News

In March of 2018 Vitalik Buterin introduced Plasma and Plasma Cash as a solution to some of the largest difficulties facing blockchain technology Scaling, security, and verification have long plagued the emerging field of blockchain technology and cast doubt into the minds of potential investors. In 2017, document describing the...

Stable Coins 101: The What and The Why of Cryptocurrency’s Most Price-Steady Offering

August 10, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Business, Exchange, News

The term ‘stable coin’ refers to a cryptocurrency that has its value pegged to an asset that is unchanging in value. In the past, such digital tokens have mostly been associated with the US dollar, landing them at a valuation of $1. The main feature of stable coins is that...

ICOs Raise over $18 Billion Due to Wealthy Investors’ New Interest

August 10, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Finance, Investment, News

We are barely out of the first half of 2018, and already ICOs have raised almost five times more than they did last year in total. August 8, 2018, reports from CoinSchedule claim that this is due to a new trend in ICOs: Target the rich. ICOs Turn to the...

Japan’s FSA Set to Introduce New Cryptocurrency Regulations After Speculative Trading Runs Rampant

August 10, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Exchange, Investment, News

Per a report published on August 8, 2018, the Japanese Financial Services Agency (FSA), which is also Japan’s premier financial regulatory body, is planning to update its existing regulatory framework for bitcoins and other cryptocurrencies. This is being done to tackle the rampant frauds and malicious attacks on cryptocurrency exchanges....

$Shapeshift Acquires Bitfract to Simplify Cryptocurrency Portfolio Diversification$

Shapeshift Acquires Bitfract to Simplify Cryptocurrency Portfolio Diversification

August 10, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Development, Finance, News

In an attempt to quicken and simplify the process of buying of cryptocurrencies, Shapeshift AG, the Swiss trading platform, announced its acquisition of Austin-based cryptocurrency converter company, Bitfract on August 7, 2018. Simplify Trading Operations Bitfract is an American firm whose platform allows its users to convert their bitcoin (BTC)...

Brave Browser v0.70 Brings Brave Ads to 20 More Countries

Twitter and Reddit Users Set to Cash in on Posts through Brave Browser

August 10, 2018 by Priyeshu Garg at Altcoins, Business, Finance, News

Brave browser is set to launch an ambitious new function that allows Twitter and Reddit users to tip other posters on those platforms through the browser instantly. A CNET story on August 8, 2018, reveals that the ad-blocking browser is trying to completely upend the established order of internet publishing...

To Decentralize or not: What Can Bitcoin Learn from Napster and BitTorrent?

August 10, 2018 by Rahul Nambiampurath at Adoption, Altcoins, Bitcoin, Blockchain, Commentary, Cryptocyclopedia

Over the past decade, the term “decentralization” has gone from relative obscurity to immense popularity. New technological endeavors, especially those that claim to have anything to do with blockchain technology, usually advertise decentralization as a critical selling point. Ultimately though, the vast majority of ordinary folk neither understand what it...

How Traditional Banks Are Looking to Enter the Crypto Space

August 10, 2018 by Eric Czuleger at Altcoins, Bitcoin, Commentary, Finance, News

On August 8, 2018, JPMorgan’s Jamie Dimon stated that more banks are considering building businesses to work with the digital currency ecosystem, seeing the emerging space of cryptocurrencies as a blind spot for major financial institutions. A new Generation of Banking Dimon has dithered on his opinion about cryptocurrencies, once...

White Hat Hacker Exposes Critical Vulnerability in Augur Platform

August 9, 2018 by Aisshwarya Tiwari at Altcoins, Ethereum, News, Platform

According to a report published on The Next Web, the decentralized betting platform Augur was found to possess a critical bug, which could potentially allow cyber hackers to provide wrong information to the users and rig the mechanism of prediction markets website. The report published on August 7, 2018, states...

Arizona State University Join Forces with Dash to Publish Blockchain Scalability Research

August 9, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, News, Tech

While cryptocurrency enthusiasts strongly believe that digital currencies are one of the best creations of man since the beginning of time, critics of the burgeoning sector have not ceased condemning bitcoin and the altcoins for their serious scalability issues. Now, Arizona State University (ASU), in collaboration with Dash, have published...

Crypto Investment & Trading Platform Omniex Adds Former SEC and FDIC Chairs to Advisory Board

Omniex Crypto Trading and Investment Platform Welcomes Former SEC and FDIC Chairs to its Team

August 9, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Platform

San Francisco based crypto trading and investment platform, Omniex, has bolstered its leadership advisory team with the addition of former Securities and Exchange Commission (SEC) chairman Arthur Levitt and ex-Federal Deposit Insurance Corporation (FDIC) chair Sheila Blair, according to a press release on August 7. The exchange has also recently...

Red Bull and Swarovski Are Testing Cryptocurrency Tokens in Exchange for Engagement

Red Bull and Swarovski Giving out Cryptocurrency Tokens in Exchange of the User’s Time

August 9, 2018 by Priyeshu Garg at Altcoins, Entertainment, News, Platform

Cryptocurrency tokens are a new way of compensating customers for their online engagement. Customers can now earn crypto tokens by taking part in online surveys conducted by Red Bull and Swarovski. The brands have partnered with Swelly, which is a multi-platform chatbot for seeking feedback from the community that rewards...

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