Cryptocurrency Analysis and News Portal
Facebook is reportedly open to the idea of using national currency-pegged stablecoins for its forthcoming Libra project.According to Reuters on Oct. 20, David Marcus, the head of the Libra project for Facebook and CEO of Facebook’s wallet service Calibra, said that Libra could use various fiat-based stablecoins, instead of
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Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product.To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according
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Last month Ripple made major changes to their website and product names, dropping xCurrent, xVia and xRapid, now RippleNet encompasses all three. The most exciting change was the simplification of XRP into ODL or on-demand liquidity, and how it will revolutionize our world and our lives for the better. International payments, especially
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Brazil has seen another tumultuous week in the cryptocurrency industry as the president of investment scheme Unick Forex said it will only pay customers who have kept their receipts, the 18th million Bitcoin (BTC) was mined, and the alleged pyramid scheme Atlas Quantum denied that videos with balances at
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The Spanish-speaking world has seen another week of major cryptocurrency and blockchain developments with the Mexican government announcing a new alliance to support the development of blockchain initiatives.Here is the past week of crypto and blockchain news in review, as originally reported by CryptoX en Español.Mexican government announces an
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on CryptoX in one link.Top Stories This WeekNew York district court postpones Telegram’s
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3.Vertical scaling is done by improving the efficiency of each individual transaction, whereas horizontal scaling is achieved through increasing the platform’s overall throughput capacity. In simple terms, general scalability improvements are made through the use of a concept called “layering” — wherein each individual component of a particular system is
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Distributed naming system Ethereum Name Service (ENS) has announced the launch of multicoin support as 15 cryptocurrency wallets already plan to utilize the new feature.According to an official Medium post published on Oct. 17, this will allow crypto enthusiasts to use one ENS name for all of their crypto
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The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against the Nevada-based corporation Circle Society and its owner, David Gilbert Saffron of Las Vegas, for Ponzi-like cryptocurrency scam and registration violations relating to an $11 million cryptocurrency fraud operation.The CFTC filed a civil enforcement action on Monday, September 30,
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At the moment, not too much is happening with Bitcoin’s (BTC) price action. The price continues to drop and a series of lower highs occur even as bullish news hits the press week after week. The news of Bakkt Bitcoin futures trading volume increasing by 796% failed to positively
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