With market value on the rise, the Bitcoin hash rate, as well as that of other proof-of-work (PoW) cryptocurrencies, is escalating. This increase is driving up electricity usage, which is once again sparking a debate over which type of blockchain architecture should be used for mass adoption. Unfortunately, the electricity issue is complex, with conflicting…

Ever since Facebook announced its upcoming cryptocurrency, tech geeks have been curious to get their hands on the whitepaper to know more about this thrilling project. Recently, Facebook ended the anxiety by rolling out a 29 pager, explicitly showing off the talent onboard and making an electrifying entry in the crypto niche. Of course, the paper also aims at…

For many years leaders around the world dismissed cryptocurrency as lacking any true value or legitimate use. This attitude was due largely to a failure to understand, or respect, its revolutionary nature. Now that mass adoption is underway, crypto cannot be ignored, and voices are now emerging calling for it to be banned. Although misguided,…

An interview with Pavel Kravchenko, Founder of Distributed Lab. CryptoNews had the opportunity to sit down and talk with Pavel Kravchenko, one of the world’s leading experts on blockchain and decentralized systems. We discussed the intricacies of tokenization in an interview setting. Together we have created a short, but comprehensive guide to understanding tokenization in…

In August, 2017 the Bitcoin scaling debate reached its zenith when opponents of Segregated Witness (SegWit) forked the main chain to create Bitcoin Cash. Supporters of the two cryptocurrencies have since sought to discredit each other in what has been by-far the most vocal turf war in the crypto space. Nevertheless, although there is still…

The increasing popularity of blockchain technology and cryptocurrencies has encouraged most of the world’s tech companies, to research the market and work on innovative crypto projects. Apple is the newest company to join the race, following its recent announcement of the CryptoKit framework. Understanding CryptoKit Functionalities To put things better into perspective, CryptoKit represents a…

Cryptocurrency advocates have long held that developing nations present the strongest use case for mass adoption. Among these, South Africa is emerging as one of the most interesting examples of how blockchain assets are becoming integrated into an established financial system. The country holds enormous potential, and continues to have the strongest economy on the…

Excitement among Bitcoin advocates continues to build as the flagship cryptocurrency has moved past $10,000 and is showing no sign of a significant correction. Not surprisingly, press coverage is increasing as is interest from a wide range of investors. Much of the data surrounding Bitcoin use indicates an overall resurgence in adoption, yet this same…

One of the main selling points of cryptocurrencies is the fact that they offer a superior degree of privacy when compared to traditional fiat currencies. As such, Bitcoin, Ethereum and the like are all semi-anonymous, meaning that users do not have to share any personal data. Regardless, the blockchain network publicly stores information on all…

In a whitepaper issued through a press release earlier this year, the Depository Trust and Clearing Corporation (DTCC) highlighted the principles governing after-trade operations of security tokens. Tokenized securities are digital types of securities used by firms to raise capital for their projects. They include equities and bonds. These guiding principles are targeted at regulators…