News

Andreessen Horowitz (a16z) and Multicoin Capital have been unveiled as the latest investors to fund the development of Arweave. The distributed internet protocol, designed to facilitate an undeletable, uncensorable web, has gathered cross-industry support in its quest to build a “permaweb.” Since being founded in 2017 by Sam Williams, the project has gone from strength […]

According to James Todaro, Managing Partner at Blocktown Capital, November has been one of the best performing months for Bitcoin. However, traders remain divided on where the dominant cryptocurrency could go. Todaro said: “November has been historically one of bitcoin’s greatest performing months dating back to 2012. November 2018 was the main (and memorable) exception. […]

The plan to include cryptocurrency mining in China into a list of industries that would be banned in the country has reportedly been scrapped. Earlier this year, the National Development and Reform Commission (NDRC) in China revealed it was considering putting crypto mining on a list of banned industrial activities, which would have effectively phased […]

According to Dovey Wan, founder at Primitive Ventures, the Hong Kong Securities and Exchange Commission (SEC) is set to release a crypto exchange application guideline. Wan said: “Hong Kong SEC will announce detail in about an hour regarding cryptocurrency exchange application criteria. Considering Huobi has already backdoor listed on HKex, this will definitely play them […]

Stellar Lumens’ total supply got cut in half, triggering a nearly 30 percent price increase. Now, based on technical analysis, XLM could be signaling a further advance. On Nov. 4th, the Stellar Development Foundation (SDF) shook the entire crypto community by announcing the decision to burn 55 billion Lumens, equivalent to over $4 billion. Out […]

End-to-end encrypted, onion-routed, censorship-resistant, peer-to-peer chat messages have been built on top of the Lightning Network. Created by Lightning Labs engineer Joost Jager, the secure chat is currently still in the demo version but has the potential to become a service if no major changes to the Lightning protocol are made. Secure messages over Lightning […]

In another surprise AMA session, Charles Hoskinson shared the latest updates on Cardano. The CEO of IOHK said that October has been a month packed with action that could enable the first snapshot for the Shelley incentivized testnet to happen as early as Nov. 12. An action-packed month brings Cardano closer to launching Shelley’s incentivized […]

Several prominent blockchain company executives have said that a recent study claiming a single investor likely manipulated Bitcoin to its record high of $20,000 in December 2017 is misleading and that it is based on a misunderstanding. The study, done by John Griffin and Amin Shams from University of Texas and Ohio State University, noted […]

A cashless society is coming, and it’s only a matter of time. Perhaps you have noticed the steady trend aimed at eliminating cash as a means of exchange. Those who have recently attended a sporting event as Atlanta’s Mercedes-Benz Stadium surely noticed that their cash is no longer accepted at concession stands. The same goes […]

The total supply of the tenth-largest cryptocurrency by market capitalization, Stellar Lumens (XLM) was literally just cut in half in an unprecedented move in the history of blockchain. This has resulted in a massive price surge for the altcoin, which is now trading up 20 percent in the past few hours. Stellar slices supply of […]