Crypto news

While the world is a big place, technology and trade has made it feel like a small village. Today, it is possible to travel across multiple continents within a day. It’s the same with financial transactions. Every day, hundreds of billions of dollars move across borders. But the movement of these funds has a reputation for its errors and high costs. For years, companies have been attempting to solve this problem, and with the introduction of blockchain technology, this process has...

Many governments certainly seem to be fearful of digital currencies. Just this month, President Trump tweeted his dislike of Bitcoin and Facebook’s new Libra coin. Of course, many commentators are quick to point out that governments worry about them because their currencies have the most to lose from them. However, as far as consumers and coin buyers are concerned, there are many reasons they have to be thankful for them, providing useful, low-cost solutions for all of society. One such...

Stratis Group Ltd, the enterprise-grade blockchain development platform has announced the launch of Cirrus Sidechain Masternodes and Stratis Smart Contracts in C#, making Stratis the world’s first blockchain to offer businesses and developers the ability to execute Smart Contracts on the Microsoft .NET core architecture. The launch of the Cirrus Sidechain – a blockchain pegged to the Stratis mainchain – extends functionality for businesses operating on the Stratis platform. This includes...

4.0 blockchain revolution begins  On June 30, Tolar HashNET, an open-source, highly-rated, 4th generation blockchain, has officially launched its mainnet. This breakthrough tech features scalable, fast, secure, and fair transactions.  It employs Distributed Ledger Technology (DLT) and consensus algorithm which keep all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second.  Tolar HashNET mainnet is now one of the...

On Tuesday night, the City of Berkeley took a big step forward in its plan to issue Blockchain based municipal bonds. The long-awaited BlockChain Community Microbond Initiative will now proceed via a Request For Information which will invite the industry to put forth qualified proposals. First introduced by District 3 Councilmember Ben Bartlett, the Microbond Initiative aims to see the city issue bonds as low as $25 directly to community members to invest in public projects. Although...

By CCN.com: Owners of “whale wallets” scooped up 450,000 BTC as the bitcoin market hit bear-market lows in late 2018. It appears whales now control 25% of all BTC.Is this good or bad for bitcoin?Whales are smart moneyThese private, non-institutional buyers decided an 85 percent decline was a buying opportunity.The market sent BTC prices higher.Now they hold bitcoin, hoping to exploit the law of supply and demand. By hoarding coins, liquidity dries up, theoretically forcing prices...

The blockchain era has largely been defined by grandiose promises and ambitions, but little to show for it. For most companies, even those that successfully complete ICOs, we usually hear loud guarantees of life-changing and revolutionary technology. In the end, however, these “game-changers” end in the same place most others do, the dustbin of history. Reports of a vast majority of blockchain projects fizzing out or simply vanishing have become common, and those applications still around are...

You could say Warren Buffett is loaded for bear. The “Oracle of Omaha” says he’d like to make permanent investments in U.S. companies with decent long term prospects, but not while the U.S. stock market is so overpriced. Maybe he should buy Bitcoin instead.Buffett Pines for ‘Elephant-Sized’ AcquisitionIn his 2019 annual letter to Berkshire shareholders, Buffett wrote:“In the years ahead, we hope to move much of our excess liquidity into businesses that Berkshire will permanently own. The...