Decentralized Finance Set To Make Huge Strides in The Coming Year

Blockchain technology is on track to make significant changes to a number of global economic sectors, and as the space matures, decentralized finance (DeFi) is clearly in the crosshairs of the upcoming revolution. Over the course of the past two years, as overall crypto values have declined, the amount of cryptocurrency connected to DeFi has…

January 13, 20200Comments

ByTrevor Smith

Upbit the Latest Exchange to be Hacked as $50 Million Worth of ETH Is Stolen

South Korean-based Upbit has become the latest major exchange to be hacked. A thief has stolen 342,000 Ether worth USD $50 million. The exchange has stated that the stolen cryptocurrency did not come from user funds, and that all deposits and withdrawals will be suspended for at least two weeks. As this attack is far…

November 28, 20190Comments

ByTrevor Smith

Altcoins Bitcoin Ethereum

IBM Continues To Develop Blockchain Projects, Yet Major Challenges Remain For The Tech Giant

It is no secret that for the past several years most major technology companies have been researching blockchain systems, with many looking for a pathway to enter and profit from the space. IBM has clearly been at the forefront of this movement, with a myriad of blockchain projects under development, and partnerships with institutions seeking…

August 16, 20190Comments

ByTrevor Smith

Altcoins Bitcoin

Bitcoin’s Value Is Surging, Yet Technical Data Highlights Challenges Ahead

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…

June 22, 20190Comments

ByTrevor Smith

Altcoins Ethereum

Ethereum Price Remains Flat After Constantinople Upgrade

The long anticipated Ethereum upgrade, named Constantinople, has been implemented. This move is a major step forward on the Ethereum roadmap, and despite having been briefly delayed, appears to have occurred without any significant issues. Ethereum’s price has declined slightly since the upgrade, dropping from $138 to $134. The upgrade, which took place…

March 7, 20190Comments

ByTrevor Smith

Altcoins Bitcoin

Competition Heating Over Confirmation Speed, May Determine Long-Term Success

Next year is all but certain to see blockchain technology assume a much greater role across many business and technical sectors, and institutions across the globe are evaluating platforms for potential adoption. Anticipating this move, competition is emerging, usually pushed by development teams, promoting the technical merits of platforms for a range of applications. Of…

December 28, 20180Comments

ByTrevor Smith

Ethereum

Current Market Creating Unique Challenges for Ethereum & dApp Plafforms

The continuing decline in market caps has created stress for crypto investors and advocates, but it is also creating a unique and challenging environment for Ethereum and other platforms that are designed to run decentralized applications (dApps). These networks are intended to be a framework around which internal tokens operate, and thus serve a key…

November 30, 20180Comments

ByTrevor Smith

Markets

Crypto at a loss of $6 billion in just 48 hours – BTC stays afloat then dives to $5000s figure

November’s second week happened to be quite a lucrative one for an array of tokens including Stellar, Ethereum, Cardano and Ripple as they surged by up to 30 percent, which is quite an unusual thing, given the recent trends. Well, the primary credit for this short-term exponential growth goes to BCH as it managed to…

November 17, 20180Comments

ByAzeem Saifi

News

US Congress Continues to Investigate Cryptocurrency Regulation

As crypto and blockchain development accelerates, US lawmakers are taking an increasing interest in understanding the technology. Recently, the Congress has begun to explore the topic in ernest, and the first crypto-related legislation has also been introduced. Although it is unlikely that major regulatory action will be taken this year, there is no doubt that…

October 15, 20180Comments

ByTrevor Smith

Altcoins Bitcoin Ethereum

Security Concerns Continue to Harm Public Image of Cryptocurrencies

Earlier in July hackers successfully gained access to an internal wallet belonging to the Bancor platform and managed to steal $23.5 million worth of Ether, Pundi X, and Bancor tokens. This incident is one of many that appear with regularity in the crypto space and contribute to public skepticism of blockchain assets. Simply put, despite…

August 1, 20180Comments

ByTrevor Smith