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Cryptocurrency-Powered Floating Island Project Called off after Bear Market and Political Tensions

October 30, 2018 by Nigel Dollentas at Altcoins, Blockchain, Investment, News, Platform, Tech

A floating island to be built off the coast of Tahiti canceled its ambitious plans to power its economy solely via cryptocurrency, reported RadioNZ on October 29, 2018. Cryptocurrency Cancelled After Promising Start After its announcement in July 2018, the Blue Frontier-led project made headlines for both its floating island...

Available Now: Ethereum Smart Contracts on the Hyperledger Fabric

October 30, 2018 by contributor at Blockchain, Ethereum, Finance, News, Platform, Tech

Open-source proprietary protocol Hyperlegder, a highly-scalable blockchain solution that provides interoperability across a diverse set of enterprise blockchains, now supports the Ethereum Virtual Machine, as stated on a press release on October 26, 2018. Ethereum Transactions on Hyperlegder Hosted by the Linux Foundation, Hyperlegder is a business-focused, permissioned blockchain that...

J.P. Morgan Banks on Quorum Blockchain to Offer Lucrative Trading Products

October 29, 2018 by Cindy Huynh at Bitcoin, Blockchain, Finance, News, Platform, Tech

Global investment banking firm JP Morgan is building Quorum, an enterprise blockchain platform built on the Ethereum Platform. According to the Financial Review’s article published on October 29, 2018, JP Morgan believes that the Quorum platform can open up new trading opportunities in the next decade as it will help...

BitGo Launches Ethereum-based “Wrapped Bitcoin” for Providing Liquidity to dApps and DEXs

October 29, 2018 by contributor at Altcoins, Bitcoin, Business, Ethereum, Finance, News

On October 26, 2018, crypto-finance company BitGo announced the launch of Wrapped Bitcoin (WBTC), an ERC20-compliant token built on the Ethereum blockchain and collateralized on a one-to-one basis with bitcoin. “Power of Bitcoin” Described as the “Power of Bitcoin and the Flexibility of ERC20,” the token’s website notes a majority...

Bitcoin, Scams, and Everything in between: In Conversation with Peter Todd

October 26, 2018 by Liam J Kelly at Altcoins, Bitcoin, Blockchain, Commentary, Cryptocyclopedia, Ethereum, Finance, Interviews

Peter Todd has been one of the most vocal developers in the Bitcoin space and for good reason. The 33-year-old Canadian software engineer has been fiddling with the pioneer cryptocurrency for some time now, and when perusing his blog, much of this work has also shaped much of the crypto...

Japan’s Financial Regulator Discussing Caps on Crypto Margin Trading

October 26, 2018 by Priyeshu Garg at Altcoins, Business, Investment, News, Regulation

Japan's Financial Services Agency (FSA) is planning to put a cap on the leverage available for crypto margin trading to curb speculation and risk, Nikkei Asian Review reported on October 25, 2018. Caps on Cryptocurrency Margin Trades Weighed in Japan Japan's financial watchdog is reportedly planning to put a cap...

Bitcoin, Ether, XRP Weekly Market Update: October 25, 2018

October 25, 2018 by Georgi Hristov at Altcoins, Bitcoin, Business, Exchange, News, Price Analysis, Regulation

BTC dropped $120 of its value and closed the trading day on October 18 at $6,615. The loss constituted its most significant one-day drop since October 11. BTC-USD On the same day, observers saw the Chicago Mercantile Exchange (CME) reporting significant growth in BTC Futures trading in Q3. The exchange...

Parity Founder Demonstrates Ease of Creating a DLT System, Launches a Blockchain Within Minutes

October 25, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Ethereum, News, Platform

While distributed ledger technology (DLT) undoubtedly has the potentials to revolutionize nearly all sectors of the global economy, many startups still find it an arduous task creating and deploying their blockchain networks. However, the founder of Parity Technologies, Gavin Wood has turned the game on its head by launching a blockchain...

A coin looking pretty stable on some rocks

Coinbase Introduces Circle’s Center Stablecoin on Exchange, Critics Cry Foul

October 24, 2018 by Cindy Huynh at Altcoins, Blockchain, Finance, News, Platform, Tech

Cryptocurrency giants Coinbase and Circle recently announced on October 23, 2018, the addition of the Center (USDC) stablecoin on the former's exchange. According to the Coinbase blog, it is the first time the cryptocurrency exchange has supported a stablecoin which it believes is fundamentally different from any existing stablecoins in...

EY Report: 86 Percent of ICO Tokens Are Now Below Their Listing Price

October 23, 2018 by Cindy Huynh at Altcoins, Exchange, Finance, News, Platform, Tech

According to a 2017 ICO report by Ernst and Young (EY), published on October 19, 2018, 86 percent of the tokens from ICOs in 2017 are currently below their listing price, with 30 percent having lost all of its value. Demand For ICOs Continues to Grow in 2018 According to...

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