What’s the Difference Between the ETH and EOS Cryptocurrencies?

Knut Andre, cryptocurrency investors with years of experience and a graduate student that studied business and international economics, answers the question on Quora: What's the difference between the ETH and EOS cryptocurrencies? Chapter 1: What is a smart contract? For those who are very new to the ideas of cryptocurrencies and blockchain technology, it is first of … Continue reading What’s the Difference Between the ETH and EOS Cryptocurrencies?

The Past and Present of Bitcoin Mining Fraud

This article was written by Aaron Mangal, a Coincentral author that writes about Blockchain Technologies and does content marketing and business development for CoinStructive, a Bitcoin and Blockchain consulting firm. Bitcoin mining and fraud are an unfortunate reality we must face as an industry. From things like Bitconnect to Butterfly labs to even Onecoin, there are a … Continue reading The Past and Present of Bitcoin Mining Fraud

JD.com Plans to Issue Asset-Backed Securities on the Blockchain

E-commerce giant JD.com plans to issue asset-backed securities (ABSs) on the blockchain, reported Cointelegraph on June 13. The subsidiary JD Finance will issue the ABS in collaboration with Huatai Securities and Xingye Bank, according to China’s Securities Regulatory Commission (CSRC) through its media outlet Securities Times. The partnership aims to asses blockchain's potential to support asset … Continue reading JD.com Plans to Issue Asset-Backed Securities on the Blockchain

What is the Bitcoin Lightning Network and Its Benefits?

Abhishek Singh, the Program Director at Blockchain Semantics answers the question on Quora: What is the Bitcoin Lightning Network and Its Benefits? The Lightning Network is a decentralized system for instant, high-volume micropayments that remove the risk of delegating custody of funds to trusted third parties. The lightning network aims to solve the problem of … Continue reading What is the Bitcoin Lightning Network and Its Benefits?

Bitcoin’s Price Increased Abnormally During the Recent Boom Due to Tether Manipulation, a Study Says

Bitcoin's price increased abnormally during the recent boom due to the manipulation of the U.S. dollar-pegged tether, reported Coindesk on June 13.  The new study published by John Griffin and Amin Shams, two professors of the University of Texas at Austin's Department of Finance, was conducted to determine the influence of the stablecoin with bitcoin's prices … Continue reading Bitcoin’s Price Increased Abnormally During the Recent Boom Due to Tether Manipulation, a Study Says

Germany’s Finance Regulator Chief: Blockchain Can Turn the Entire Financial Sector ‘Upside Down’

Germany's finance regulator chief, Felix Hufeld mentioned that blockchain can turn the entire financial sector "upside down" and that it is "revolutionary", reported Coindesk on June 13. During a speech at an event in Berlin last week, Hufeld, which is president of the German Financial Supervisory Authority (BaFin) expressed how German regulators see the blockchain technology and bitcoin … Continue reading Germany’s Finance Regulator Chief: Blockchain Can Turn the Entire Financial Sector ‘Upside Down’

Financial Institutions Have Raised Their Blockchain Budget of 67% in 2017, According to a Research

Financial institutions have raised their blockchain budget of 67% individually in 2017 with a combined total of $1.7 billion invested for the technology, according to a research published by U.S.-based market intelligence firm Greenwich Associates on June 12. Banks are starting to roll out more distributed ledger technology products as they move beyond the proof-of-concept stage. The … Continue reading Financial Institutions Have Raised Their Blockchain Budget of 67% in 2017, According to a Research

South Korean Banks Will Roll Out a Blockchain-Based ID Verification System in July

A group of South Korean will roll out a blockchain-based ID verification system in July, reported Coindesk on June 12. The new system called BankSign will be tested during a three months session from April of this year and is scheduled to be launched in July. Local banks will have the option to replace the existing … Continue reading South Korean Banks Will Roll Out a Blockchain-Based ID Verification System in July

Haja Networks to Develop An Infrastructure to Support Internet 3.0

The idea of a decentralized Internet, commonly referred to as the internet 3.0, seems to be popular in the blockchain industry but many things have to be created for this to be possible. Haja Network announced that it has plans to develop an infrastructure to support internet 3.0., reported Coindesk on June 12.  Haja Networks … Continue reading Haja Networks to Develop An Infrastructure to Support Internet 3.0

American Express Is Hiring to Help Sell Ripple’s xCurrent

American Express, the payment giant, is hiring new employees to help sell Ripple's xCurrent, reported Coindesk on June 12. American Express, Ripple and Santander Bank partnered in November 2017 and the trio is still working on developing new blockchain solutions in order to foster secure, high-speed international payments. Recently, AmEx made a clear reference to its … Continue reading American Express Is Hiring to Help Sell Ripple’s xCurrent