During a year-long initial coin offering (ICO) that ended in 2018, EOS raised a record $4.2 billion, making it the biggest ICO in history. Combined with its Delegated Proof-of-Stake (DPoS) consensus mechanism, which has throughput thousands of times greater than Ethereum’s, expectations were high. But these expectations continue to go unfulfilled. A look at EOS’s …
Continue reading “EOS under fire over claims its ICO was a shady “pump scheme””
Beleaguered crypto exchange, Binance, has released a statement in which it denies accusations that provides financial advice or renders any intermediary services. In a statement released on Twitter less than 24 hours after the Financial Sector Conduct Authority (FSCA)’s warning, the crypto exchange also denies having any ties or links to the organization “Binance Group.” …
On September 3, the decentralized exchange (dex) aggregation platform 1inch announced the project has partnered with the animated series “Take My Muffin.” The multimedia animated series aims to be co-created by the crypto community and created by a professional animation studio. 1inch Network Sponsors ‘Take My Muffin’ Animated NFT Series A new animated non-fungible token …
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Widely followed Bloomberg Intelligence commodity analyst Mike McGlone says the path of least resistance for Bitcoin is upward past $100,000. In a new report, McGlone says now that the crypto markets have survived a devastating correction, they should be ready to resume a macro trend upward. ADVERTISEMENT “After enduring a gut-wrenching correction, we see …
Between Bitcoin (BTC) breaking the $50,000 hurdle and the upswell in the altcoin markets, crypto has never been more appealing to speculators. But, stacking profits through trading is worthless unless that money is spent. Luckily, charitable organizations are waking up to the possibility of crypto donations as the world embraces crypto. For blockchain entrepreneur Wendy …
Continue reading “Cryptocurrency can actually make a difference by helping people”
Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in 3 Days The University Institute of Public Opinion …
Ethereum co-founder Vitalik Buterin has some suggestions of what he personally would like to see happening with Dogecoin and the meme cryptocurrency’s cooperation with Ethereum. Vitalik Buterin on Dogecoin’s Development and Its Ethereum Collaboration Ethereum co-founder Vitalik Buterin shared his thoughts on the potential cooperation between Dogecoin and Ethereum Wednesday as part of a Twitter …
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The Chairman of the Securities and Exchange Commission (SEC) has called for the crypto space to work with regulators. The Financial Times reported that Chairman Gary Gensler had asked Congress to empower his agency so they will be better able to govern the market. It is still not clear yet which agency has oversight of …
Continue reading “Crypto Needs Regulation If It’s Going To Survive, Says SEC Boss”
The adoption of crypto as a payment method for everyday goods and services has risen in recent months. Digital parking startup, Seety, has made it possible to pay for parking tickets with Bitcoin in some Belgian cities. According to a report by DataNews on Thursday, the Belgian startup released this crypto payment feature in Antwerp and …
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This project is an enigma. On the one hand, Stellar is not for profit, it doesn’t have owners or shareholders, and strives to be somewhat decentralized. On the other, Stellar is a compliance-focused protocol, and its directors often meet with shadowy organizations like the World Economic Forum. According to their website, the protocol seeks “to …
Continue reading “An Introduction To Stellar And XLM: Mission, Control, And Consensus”
Like a phoenix rising from the ashes, eFIN is back stronger than ever with new services and products that add value to a next-gen, decentralized ecosystem. Among several new use cases and products, eFIN is unveiling a tool that will increase the interoperability capabilities of the eFIN ecosystem, and help it become a one-stop decentralized …
Continue reading “eFIN All Set to Launch Its eFIN Bridge on Sep 6, 2021”
A new project has appeared on the raging NFT market and it is supposed to capture the attention of the Tron community. Bored Ape Yacht Club Tron is a copycat version of the Ethereum-based OG Bored Ape Yacht Club collection. Bored Ape Yacht Club Tron is the 3rd TRON-based project launched on the NFT-market. The …
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A low-cap altcoin has more than doubled its price in just one week after pulling off a huge milestone. Polymath (POLY) tells its 50,500 Twitter followers that its Polymesh Incentivized Testnet (ITN) has been upgraded to a new version. The update paves the way for the availability of decentralized applications (DApps) on the protocol’s testnet. …
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South Africa’s financial regulator issues a warning to anyone thinking about investing with global crypto exchange Binance. Investors should be “cautious and vigilant” about dealing with the crypto exchange because the company is “not authorized to give any financial advice or render any intermediary services” in South Africa, according to a press release by the …
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend. A “descending channel,” also known as a …
Continue reading “Traders know not to ‘go long’ when this classic trading pattern shows up”
