Cryptocurrency Analysis and News Portal
If the 2020 Q1 was the quarter of market turmoil, Q2 the bitcoin halving and Q3 the explosion of stablecoins and decentralized finance applications, Q4 was the quarter of institutional FOMO for bitcoin and of Ethereum launching the first phase of its ambitious migration to a proof-of-stake (PoS) blockchain.The latest
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Cryptocurrency media and events platform CryptoX, which owns this news service, Tuesday announced it has purchased TradeBlock, the world’s leading crypto index provider.With the purchase, CryptoX said it’s positioned to be the leading source of crypto news, information and data for the rapidly growing sector which has seen a flood
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Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Ethereum – the two largest cryptocurrencies by market capitalization – Ethereum has plans to migrate to proof-of-stake to
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A “stablecoin” is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.Cryptocurrencies such as Bitcoin and Ethereum offer a number of benefits, and one of the most fundamental is not requiring trust in an intermediary institution
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Nov 16, 2020 Bitcoin inches closer to $17,000 as a Citibank exec predicts BTC worth $318K, SEC seeks public comment on “qualified custodians,” miners shut down and seek to relocate amid China clamp down, and another Bitcoin Cash hard fork highlights community infighting. Source
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A U.S. agency that fights financial crime is encouraging financial institutions, ranging from banks to cryptocurrency exchanges, to share customer information with one another to catch wrongdoers.The Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, issued a fact sheet Thursday spelling out that the 2001 Patriot Act
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There is a shared sense that the world has shifted. “Mastering Blockchain: Unlocking the Power of Cryptocurrencies, Smart Contracts, and Decentralized Applications” by Daniel Cawrey and Lorne Lantz from O’Reilly Media is a masterful guide on the essentials of blockchain technology. Often a daunting and elusive subject matter, Cawrey and Lantz demystify
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CBDC stands for “central bank digital currency,” a new type of currency that governments around the world are experimenting with. What sets a CBDC apart from established currencies is that proponents hope it can use new payment technology, typically a blockchain, to potentially increase payment efficiency and lower costs.This new
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“Sharding” is a proposed method of splitting the infrastructure of Ethereum into smaller pieces with the goal of scaling the platform so it can support many more users than it currently does.Ethereum is the second-largest blockchain and was designed to make it easier to build decentralized applications that would give
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Who moved the needle on crypto this year? What were the projects that mattered? Who shattered the glass ceiling and broke the mold?From DeFi to bitcoin’s late year surge, 2020 was full of big stories, trends and personalities. Join us as CryptoX unveils its 2020 Most Influential list, a selection of
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