Amazon Adds Support for Ethereum on Amazon Managed Blockchain

Amazon Web Services (AWS), Amazon’s subsidiary in charge of cloud computing services, has announced that the Ethereum Network has now been integrated to allow users to provision Ethereum nodes and connect to the network in a matter of minutes. The service only supported Hyperledger in the past but will now also support not only Ethereum’s …

Chainlink Off-Chain Reporting (OCR) Goes Live: Boosts Efficiency of Network

The popular oracle network Chainlink announced the launch of Chainlink Off-Chain Reporting (OCR) on February 24th, which is a highly anticipated upgrade that has been months in the making. Chainlink claims that OCR will not only significantly improve the efficiency of the network’s data computing but it will also reduce costs by up to 90% …

Pylon.finance: Crypto Token Backed by Ethereum Mining Operation

Pylon.finance is a newly launched project that aims to create profits from Ethereum and the Decentralized Finance (DeFi) ecosystem, while providing an independent mining platform and token that is less influenced by the open market. Working towards that vision, Pylon.finance was announced in June 2020, introducing an efficient and competitive way of mining and yield …

Unstoppable Domains & Cloudflare: Allows Any Browser to Access Ethereum-Based Domains

Unstoppable Domains, a San Francisco-based startup focused on creating domains in blockchain, has announced that Cloudflare has enabled native resolution of .crypto domains. The platform allows people to use public blockchains to host websites, which are likely harder to take offline, as blockchain isn’t able to be easily censored. The integration will allow more than …

EMX Exchange Halts Trading of USOIL-Perp After Crude Oil Crash

In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory.  Such an event had not been anticipated by the team at the EMX exchange.  The team halted trading of its USOIL-Perp contract.  Trading of the perpetual contract is yet to be reopened as the team …

Ethereum’s (ETH) Price Holds $168 Support Amidst Historic Oil Dump

In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets with Bitcoin (BTC) going back below $7,000. At the time of writing this, the price of Ethereum (ETH) is holding the $168 support …

XRP’s Price Could Keep Falling as Holders Decrease

In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically.  The report also indicates that members of the XRP army have continued to decline since January 2018.  The new stats could indicate a continuous trend of capitulation by XRP investors.  Times have drastically …

Justin Sun Baffled By a Jump in New Tron (TRX) Accounts

In brief: On the 19th of April, the Tron network recorded its highest daily increase in new accounts. This feat was noticed by a senior Tron Community member. Justin Sun was baffled by the sudden increase. However, it could be due to the Just (JST) token scale next month and the allure of staking TRX. …

Bitcoin Improvement Proposal: What is a BIP, How It Works?

As the name seems to clearly suggest, a Bitcoin Improvement Proposal (BIP) is a standard that has been devised to help in the alteration of BTCs core protocol. However, in a few notable cases BIPs have even served as a source for crucial information for the Bitcoin community at large. From a more technical standpoint, …

Privacy Coin Analysis: Monero (XMR) vs ZCash (ZEC)

This privacy coin analysis takes a look at the two leading coins focusing on anonymizing transactions; Monero (XMR) and ZCash (ZEC). Cryptocurrencies were launched with the aim of anonymizing online payments completely. Some of the most popular cryptocurrencies – Bitcoin, Litecoin and Ethereum – are created with specific characteristics; Bitcoin is used mainly as digital …

Crypto Mainnet vs Testnet: What is the Difference?

This article takes a look at what is the difference between a crypto mainnet vs testnet, two technical terms that serve different functions. Mainnets and testnets are common technical terms used in the cryptocurrency world to denote blockchain networks that possess vital functions. Let’s take a look at the differences between a cryptocurrency mainnet and testnet: …

Second Layer Blockchain Scaling: Off-Chain Solutions

This article takes a deeper look at second layer blockchain scaling off-chain solutions, with various implementations that are progressing as we speak. The internet was born as an instrument for radical self-expression. When the web was young, it was all about creativity and experimentation in a truly decentralized peer-to-peer fashion. However, over time it grew …

Investment of the Decade: Genesis Technology Blockchain Stocks Report

Palm Beach Research Group has launched a new marketing campaign for its financial email newsletter, The Palm Beach Letter. The marketing campaign describes an “investment of the decade” spotted by Teeka Tiwari. In “The Investment of the Decade” report, Teeka lists three blockchain technology companies that are expected to capture a slice of the blockchain …

Best Crypto Tax Software for 2020: Top Bitcoin Accounting Service Providers & Programs for Taxes

The IRS and other national tax authorities have been aware of bitcoin for years. The IRS issued its first ruling on bitcoin all the way back in 2013. If you’re not reporting crypto on your taxes in 2020, then you’re exposing yourself to significant liability. Tax authorities in the United States, United Kingdom, Canada, Australia, …

Crypto Income Quarterly: Palm Beach’s Tech Royalty Retirement Plan

Teeka Tiwari has launched a new marketing campaign for his Crypto Income Quarterly newsletter. It’s called “the tech royalty retirement plan”. By following Teeka’s investment advice in the tech royalty retirement plan, you can “collect $180,472 every year” and “enjoy income for life” while “starting with just $100” – at least according to Teeka Tiwari. …

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