News

With the TRON mainnet swap underway, the Tron Foundation started the process of destroying, also known as “burning,” its old ERC20 tokens. On June 25, Tron began migrating its tokens from the Ethereum network to its native blockchain. The transition left two versions of Tron tokens, including billions of old testnet Tron ERC20 tokens under the Tron […]

Coinbase, the world’s largest crypto exchange with more than 20 million active users, launched a custodian solution for large-scale institutional investors that could potentially attract billions of dollars worth of new capital into the crypto market. Sam McIngvale, a product lead at Coinbase Custody, said in a company statement that after receiving its first deposit […]

While several emerging smart contract platforms make only slight revisions to derivative blockchains, Burst combines several unique features and mechanisms to bring users a truly distinct distributed ledger experience. In an effort to unite the best of both worlds, Burst uses a main blockchain with customizable, IOTA-like tangles built upon it. The unique integration of […]

After proposing to streamline the process of launching an exchange-traded fund (ETF), the United States’ Securities and Exchange Commission (SEC) may be giving blockchain funds easier access to a $3.4 trillion market. If approved following June 28’s unanimous vote, the proposal will lower the ETF market’s barrier to entry — sparing prospective funds the “cost […]

John McAfee took aim at the centralized cryptocurrency exchange paradigm this week, firing a salvo of warlike tweets at 9th-highest ranked crypto exchange HitBTC and calling for a boycott of the platform. McAfee’s rage against the exchange began on June 28, 2018, when the idiosyncratic security expert retweeted a post calling out the Hong Kong-based […]

The cumulative hashing power dedicated toward Bitcoin took a hit this week after extensive flooding of mining centers in Sichuan, China. Eric Meltzer, a partner at China-based blockchain focused fund INB, published a tweet on June 29, 2018, depicting mining hardware destroyed by flooding within the Sichuan region: Rumors that a huge flood in Sichuan took […]

A recent investigation into Tether activity on popular cryptocurrency exchange Kraken triggered scathing responses from the exchange, who fired back at journalists that, according to Kraken, fail to understand market basics. “On Tether: Journalists Defy Logic, Raising Red Flags,” published July 1, 2018, appears to have been issued as a direct response to a recent […]

Thanks to blockchain and cryptocurrency, Japan’s economy may have greener pastures ahead. As the country’s GDP growth shrinks to lows last seen in the 1990s financial crisis — a.k.a. the “lost decade” — economists point to a technological boom as a potential catalyst for recovery. Now the second-largest cryptocurrency market in the world, Japan may […]

Despite market sentiment falling, major financial firms are joining the cryptocurrency sector at a greater pace than ever before. Reported on June 29, 2018, Union Square Ventures plans to invest in blockchain and cryptocurrency-related businesses over the next 10 years. Plans to Invest Without Dedicated Fund Initially reported on CNBC, Union Square Ventures plans to […]

A schism appeared within the cryptocurrency community around the time a new statement and book excerpt purportedly released by Satoshi Nakamoto, the pseudonymous creator of Bitcoin. NakamotoFamilyFoundation.org, A newly-registered website launched June 26, 2018, captured the attention of both the mainstream media and the cryptocurrency community. The Nakamoto Family Foundation released the “first excerpt to […]