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Once upon a time, people believed there would only be one blockchain. But one-blockchain maximalism soon proved to be a shortsighted belief. Without forking and new chains, experimentation was extremely limited and led to the creation of hundreds of blockchains adapted to fit a specific need.
The development of blockchain technology is currently hindered by numerous stumbling points, including a lack of scalability, consumer-friendliness, and interoperability.
The volatility of cryptocurrencies can make them unsuitable for daily use.
The tiny Mediterranean island of Malta is fast becoming a mecca for the blockchain industry. Just three weeks after Binance announced their intention to set up an operational base in Malta, the world’s second-largest crypto exchange, OKEx, has said that it intends to expand operations to the island.
In a satisfying swoop of ironic justice, JP Morgan has been sued for charging crypto purchases as high-interest cash advances.
Bithumb, the behemoth South Korean exchange, announced on Friday an agreement with ‘Korea Pay Services’ that will see virtual currencies made available at thousands of stores across the country.
The team that made blockchain cute with CryptoKitties, have raised $12 million through venture capital funding.