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Here’s why Facebook’s Libra is bad for privacy and competition

June 25, 2019

According to crypto experts, allowing Facebook to mint its cryptocurrency Libra would prove to be the most non-competitive trust case. Before even unleashing its vision for a global cryptocurrency, Facebook became a near-monopoly in social media and ...

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Ethereum based Synthetix lost 37M synthetic ETH (sETH) in Oracle attack

June 25, 2019

Synthetix has suffered an Oracle attack and has lost 37 million synthetic ETH (sETH), as per a news report. Since the sETH is relatively illiquid in the secondary market, the loss in U.S. dollars cannot be estimated.

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The Electric Coin Company plans to create a new Blockchain to scale Zcash

June 24, 2019

The Electric Coin Company (ECC), the creator of zcash (ZEC), plans to develop a new blockchain network for zcash, as per a news report. According to Nathan Wilcox, a Chief Engineer at Electric Coin Company, the company should work on scaling and incr...

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Huge fight over Facebook’s cryptocurrency can be sensed

June 24, 2019

As compared to Washington lawmakers, the action of the Chair of the House Financial Services Committee over Facebook’s Libra project was outstandingly fast. While Rep. Maxine Waters urgently requested Facebook to cease work on Libra until the heari...

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Are security tokens the future?

June 21, 2019

Overstock.com CEO Patrick Bryne and Coinbase Global CFO Alesia Haas seem to share a similar view. Both are of the opinion that security tokens are the future, as per a panel discussion hosted by Fortune.

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Is Facebook’s claim about its crypto for unbanked true?

June 21, 2019

Information about Facebook’s Libra is very little as of now. As per its stated mission, Libra has a lot to prove. However, its mission to serve the world’s unbanked and poor seems quite unlikely.

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Ethereum Classic’s Atlantis Hard Fork to take place on 17th September

June 21, 2019

The Ethereum Classic (ETC) hard fork is scheduled for 17th September this year, as per a news report. The hard fork is called the Atlantis hard fork and will take place at the 8,772,000th block. The decision was announced during the finalization call...

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‘Fiat Cryptography’ by MIT researchers automates the process of security

June 20, 2019

The Computer Science and Artificial Intelligence Laboratory (CSAIL) at the Massachusetts Institute of Technology (MIT) has designed a system capable of running complex mathematical algorithms to safeguard online communications. Dubbed as ‘Fiat Cryp...

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Open banking platform Token raises $16.5 million in funding

June 20, 2019

According to an announcement, a San Francisco and London-based open banking platform Token raised $16.5 million in funding from significant tech ventures such as Octopus Ventures, Opera Tech Ventures, the venture arm of BNP Paribas, and EQT Ventures.

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Ethereum 2.0’s first transition to take place on January 3, 2020

June 20, 2019

Ethereum 2.0 transition to take place on January 3, 2020, as per a news report. This will be the first stage of the transition for the Ethereum network from proof of work to proof of the stake consensus algorithm. The decision was taken in the bi-wee...

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Cryptocurrency Prices

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  • Bitcoin

    BTC

    $3,243.29

    3,517.8 (24H Volume)
  • Bitcoin

    BTC

    $3,243.29

    3,517.8 (24H Volume)
  • Bitcoin

    BTC

    $3,243.29

    3,517.8 (24H Volume)