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Ethereum-based payment platform OmiseGO announced a major step forward in the quest for DLT scalability, releasing an early alpha of a Plasma-based scaling solution that may potentially increase the transaction capacity of the OMG network. Announced via a Medium post, the GitHub repository published by the OmiseGO team provides an insight into OmiseGO’s Tesuji milestone. Tesuji, […]

Bitcoin is still in a bear market with its price stable in the mid-$6,000 range. While the majority of experts see the price of the dominant cryptocurrency recovering in the months ahead, one investor sees Bitcoin price going down to $3,000. Anthony Pompliano, a widely recognized face in the global cryptocurrency community and the founder […]

Blockchain technology and cryptocurrency are influencing innovation and change across a spectrum of industries. The music industry already tested the waters of the financial benefits of blockchain technology, but Slovenian electro producer Gramatik has also seized inspiration from the blockchain to create a new track entitled “Vitalik Buterin.” In collaboration with Kotek, the new track can […]

BitMEX Research, the think-tank of the world’s largest BTC/USD exchange, re-tackled old evidence suggesting the original cryptocurrency’s enigmatic creator may hold up to a million Bitcoin. In a post published Aug. 20, the exchange’s research division resurfaced the 2013 argument of blockchain researcher Sergio Demian Lerner — who at the time reported Nakamoto having a […]

Widely recognized security expert and cryptocurrency researcher Andreas Antonopoulos recently said in a Q&A session that he is against Bitcoin exchange-traded funds (ETFs) and their potential impact on the crypto market. With ETFs, large-scale institutional investors and retail traders in the regulated traditional finance sector can purchase and sell assets that represent the value of […]

The 80 percent correction in the global cryptocurrency exchange market has created a unique setting in the initial coin offering (ICO) market. The development teams of most tokens are now holding more Ethereum in their reserves than their market valuation. Started With Gnosis Last week, Ethereum-based decentralized prediction market platform Gnosis founder Martin Köppelmann disclosed […]

On Aug. 24, Ethereum core developers held a publicly streamed meeting on YouTube, briefly discussing updates for the world’s second-largest cryptocurrency network and focusing on several specific agendas. Updates Discussed Presiding over the meeting was Hudson Jameson of the Ethereum Foundation, who discussed the process of no-proof blockchain protocols and its implementation on Ethereum clients […]

To many, Bitcoin’s shot at “real-world” utility is defined by the yardstick of Visa’s transactional throughput; yet, the original cryptocurrency now purportedly handles more annual transacted value than PayPal—and appears to be gaining on Visa, fast. Reporting $1.3 trillion processed in 2018 alone, the dollar value of all Bitcoin transactions has effectively outstripped online payment […]

Maintaining its positive, yet careful, stance on cryptocurrencies, the Russian Ministry of Internal Affairs is considering making all unauthorized cryptocurrencies a criminally-liable offense, according to local outlet Izvestia. Russia Seeks Crypto-Criminals The Russian publication collected several documents about the local legislation on cryptocurrencies. Of these, the primary amendment calls for legalizing open-source cryptocurrencies, such as Bitcoin […]

Bank of America, the second-largest U.S. bank by total assets, has filed a patent with the U.S. Patent and Trademark Office, which was published Aug. 23. The development is comparable to patents awarded to, or applied by, several multinational corporations, such as IBM, Wells Fargo and Intuit. BoA’s Push into Crypto Filed last April, the […]