Don’t Fall For These Crytocurrency Scams

This article was written by Delton Rhodes, a CoinCentral contributor that enjoys researching new, innovative, and interesting blockchain/crypto projects that have the potential to impact the world. While the cryptocurrency market can be a good way to make money, it is also a prime target market for scammers. In this article, we’ll look at some of … Continue reading Don’t Fall For These Crytocurrency Scams

MLB is Turning to Blockchain to Increase Its Fanbase

The Major League Baseball (MLB) is turning to blockchain to increase its fanbase by partnering with Lucid Sight, a blockchain gaming company to develop a dApp game on the ethereum blockchain, reported Yahoo Finance. The new game called MLB Crypto Baseball will allow baseball fans to buy avatars of their favorite moment in recent games by … Continue reading MLB is Turning to Blockchain to Increase Its Fanbase

The Financial Stability Board Has Developed a Framework For Monitoring Cryptocurrency Assets

The Financial Stability Board (FSB) is a group that is working on proposing recommendations to the G20 in order to develop the global economy effectively and has developed a framework for monitoring cryptocurrency assets, reported Coindesk on July 16. The FSB is working in collaboration with the Committee on Payments and Market Infrastructures (CPMI), the … Continue reading The Financial Stability Board Has Developed a Framework For Monitoring Cryptocurrency Assets

Breaking “the Silo Between Blockchain-Based Cryptocurrency and the Existing Monetary System” is a Priority for the PBoC

The Digital Currency Research Lab at the People's Bank of China has been working hard to develop a cryptocurrency which would be composed of features of both cryptocurrencies and the present monetary system by filing more than 40 patents in less than a year, reported Coindesk on June 26. According to PBoC's patents, the main goal … Continue reading Breaking “the Silo Between Blockchain-Based Cryptocurrency and the Existing Monetary System” is a Priority for the PBoC

How a Central Banker Envisions Bitcoin, DLT and Bank Ledger in the Future

Yao Qian, the director-general of the Institute of Digital Money of the People's Bank of China, explains how he envisions Bitcoin, distributed ledger technology and bank ledger in the future. Bookkeeping refers to the recording of economic data in account books. A ledger, therefore, is a book with a certain format based on original vouchers … Continue reading How a Central Banker Envisions Bitcoin, DLT and Bank Ledger in the Future

What is the Difference Between Litecoin and Bitcoin?

Alok Yadav, a cryptoanalyst and researcher at Indian Institutes of Science Education and Research, answers the question on Quora: What is the Difference Between Litecoin and Bitcoin? The two cryptos may seem similar, but they are actually quite distinct in their market acceptance and technical mechanics. In the following four points, we will discuss what … Continue reading What is the Difference Between Litecoin and Bitcoin?

Square is Granted a BitLicense

The payment firm Square is granted a BitLicense from New York regulators, according to a press release published on June 18. The New York State Department of Financial Services (DFS) announced that it had approved Square's application for a cryptocurrency license, which was submitted in March. Maria T. Vullo, a Financial Services Superintendent, mentioned, "DFS … Continue reading Square is Granted a BitLicense

Two Major Russian Banks Are Testing Cryptocurrency Portfolios

Two major Russian banks, Sberbank and Alfa-Bank, are testing cryptocurrency portfolios for private clients, according to a local news outlet. The two financial institutions will be offering its customers shares in a fund in which Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, and EOS will be traded on cryptocurrency trading platforms such as Kraken and BitStamp. Each quarter, … Continue reading Two Major Russian Banks Are Testing Cryptocurrency Portfolios

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?

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?