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Tag Archives: Blockchain News

Ethereum (ETH) Price Crumbles Severely Despite $39 Million Fatburger Deal

Despite the many investments and acquisitions taking place in the Ethereum space, the ETH token followed Bitcoin’s lead into losing more than 10% of its value between March 7 and March 8.Over the weekend, the crypto markets suffered colossal losses that left many of the top tokens losing over 10% of their value. Bitcoin led this massive meltdown with nearly $30 billion erased from the crypto markets. On its part, Bitcoin lost almost 18% over the past two days resulting in a dismal performance...

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Telegram Pushes Forward the Launch of TON Blockchain Despite Fierce Legal Battle with the SEC

The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.Telegram team has released a document that is useful if you plan to create a website running on the TON blockchain. The document suggests that TON users may want to create some websites to refer friends and clients to their projects. Unlike the usual sites, these are not working over HTTPS or HTTP protocol. The system is using ADNL to differ the...

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Ripple’s Xpring, Mastercard, Binance X, Others Join Blockchain Education Alliance

Blockchain education is an important issue that should be addressed these days. Xpring, Ripple’s investment arm, as well as Mastercard and Binance X and other prominent companies have joined a new education alliance.Ripple’s Xpring, along with multinational payment processing giant Mastercard, and Binance’s development arm Binance X, among others, have all joined the Blockchain Education Alliance. Initiated last year, the alliance aims to support the growth and development of blockchain...

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ETH Price Crosses $250 as JPMorgan Announces It Could Support Ethereum Ecosystem

Ethereum price has broken $250 after JPMorgan has demonstrated its interest in a partnership with ConsenSys. This could push the Ethereum price to new heights as developer is preparing to Ethereum 2.0 transition.JPMorgan is paying attention to Ethereum blockchain and has offered a partnership to ConsenSys. Currently, Ethereum trades around $251, showing the signs of incoming action. The price goes up on a set of news.Reuters informed that a possible partnership between the big bank and the...

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Ripple’s XRPL Community Proposes New Fundamental Amendments on Ledger

Ripple’s XRP Ledger fundamental changes have been proposed. The community believes it should be possible to delete XRPL accounts within the Ledger.Through its official website, Ripple announced the new amendment proposed by XRPL community. The proposed amendment is advocating for the ledger account holders to be given a chance to delete their accounts from within at will.This is in accordance with Ripple’s agenda in ensuring a sensible evolution of the XRP Ledger that meets the majorities’...

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JPMorgan Is in Talks to Merge Its Blockchain Unit Quorum with ConsenSys

It is expected that within the next 6 months, JPMorgan will officially announce the merge of its blockchain system Quorum with that of ConsenSys. The companies are in talks now.JPMorgan Chase & Co, one of the largest banks in the United States by assets, is considering merging its blockchain unit Quorum with Brooklyn based startup ConsenSys. This is according to a post on Reuters posted on February 11 analyzing the deal and its possible outcome.According to the post, the deal is likely to...

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Bitcoin Price to Soar to $100K by End of 2021, Analyst Updates Post-BTC Halving Prediction

The production for the Bitcoin price movements after the halving has been updated. PlanB has explained how BTC price can reach $100,000 in 2021.Bitcoin price started by gaining considerably. A few days ago, the flagship token surged past the $10,000 level before correcting to settle in the upper $9,000s levels. That dip has made some commentators predict that the price will drop below the current yearly lows.But, the author of the most popularly-cited BTC price prediction models, PlanB,...

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Google Cloud Picks Hedera as a Partner in Revolution of DLT Tech

Google Cloud has become a new partner of Hedera Hashgraph. Now they will cooperate to give a significant bump to the Distributed Ledger Technology (DLT).As it is known from the recent reports, Hedera Hashgraph is actively working on Distributed Ledger to boost the finance industry.  Now it has chosen Google Cloud as its new reliable partner to move forward in this direction. The digital economy evolves as the developers from DLT camp present new challenges and answers to the public. DLT is...

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Ethereum Price Is at $223 as Plasma Group Wants to Save Ethereum Scalability with Optimism

ETH price is increasing, however, there are still issues related to transaction capacity. The Optimism startup, that once was the research-oriented Plasma Group, wants to address these problems.The Ethereum network is constantly searching the ways of improving transaction volume. The startup Optimism is now trying to lead the charge. Since the network’s output is pretty much defined to approximately 15 transactions per second, Ethereum cannot become an extensive platform for automating...

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Ripple’s XRP Adoption Is Top Priority as Xpring Recruitment Is Going On

Xpring recruitment follows its new development relations initiative announced last week. One of the main priorities now is XRP adoption.Xpring, Ripple‘s arm that invests in, incubates, acquires and provides grants to companies and projects run by proven entrepreneurs, is hiring 10 new people. The open positions include a range of jobs from senior infrastructure engineer to director of product management to vice president of developer relations. According to Ripple, Xpring recruitment is a way...

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