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Binance Chain Announces Galileo, the Latest Version of Its Mainnet

The blockchain launched by cryptocurrency exchange Binance, Binance Chain, has completed an upgrade to its mainnet. The latest iteration is called Galileo — v.0.6.0 — as announced by Binance on July 15.According to the announcement, there are four major changes implemented in Galileo: the matching engine has been revised

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Latest Comparison of 7 Top Public Blockchains

Public BlockchainCMC RankingProgram LanguageConsensus AlgorithmOfficial Released TPSTested Avg. TPSTested Peak TPSEOS6C++DPoS300022002400NEO17C#dBFT100062.373.6TRON11JavaDPoS2000441694Ontology24GoVBFT300028003679WaykiChain99C++DPoS300032005500VeChain28GoPoA1000010001000IOST60GoPoB80008541714Comparison ChartTPS Background IntroductionTransaction Per Second (TPS) is the number of transactions executed per second. This means, for a duration of one second, we can test how executions can be performed in that time frame. However, due to the uniqueness

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Kraken Raises Over $13 Million In Its Latest Fundraising Round

San Francisco-based cryptocurrency exchange Kraken has raised over $13 million in financing on online investment platform BnkToTheFuture.Kraken has raised $13.5 million from 2264 investors, surpassing its initial target of $10.2 million purportedly due to popular demand. The fundraising campaign of Kraken — which has over four million clients in

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Japan Hopes to Set Global Crypto Law Benchmark With Latest Regulatory Update

On May 31, the Japanese House of Representatives amended two cryptocurrency-related laws, the Payment Services Act and the Financial Instruments and Exchange Act, which will come into effect in April 2020.Most Japanese crypto exchanges have welcomed the changes, since they expect more institutional investors to join the crypto industry.

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Bitcoin Has Soared Above Intrinsic Value During Latest Rally, JPM Strategists Claim

Strategists from United States banking giant JPMorgan Chase (JPM) have argued that bitcoin (BTC)’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. Their analysis was reported by Bloomberg on May 20.The strategists — who reportedly include JPMorgan global market strategist Nikolaos Panigirtzoglou —  judge

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