15 September 2020 By Evan Fitzgerald
A bold invitation from CZ. Binance CEO Changpeng Zhao welcomed more Ethereum-based DeFi projects to join the Binance Smart Chain (BSC) platform. In a tweet discussion with another user, Zhao explained that this step would reduce the load on the Ethereum network, which will, in turn, lead to a reduction in Ethereum's gas fees. Zhao later stressed that Binance Smart Chain is not a replacement or competitor to the Ethereum network and that it is compatible with it ... Read more

13 September 2020 By Dominic Robinson
BTC miners who successfully mine a block are paid or rewarded in BTC. Lately, it has gotten harder to mine the world’s most valuable crypto. Data from Glassnode, a crypto analytic firm, showed that mining difficulty increased by 3.6% and is at an all-time high. ... Read more

11 September 2020 By Dominic Robinson
A different kind of scam. A former Florida tax collector was found to have used public funds to set up a blockchain company. In a report from the Orlando Sentinel, former Seminole County tax collector Joel Greenberg billed the Tax Collector’s Office $65,860 to buy computer servers for a company he was setting up called Government Blockchain Systems LLC. Greenberg then reportedly returned the money in a series of checks. ... Read more

9 September 2020 By Evan Fitzgerald
Bella Protocol will be the first project to participate in the platform. The world's largest crypto exchange Binance unveiled the Launchpool platform on Sept. 6. According to Binance, the new platform will allow users to have securely farm new assets as well as users will get new token rewards in return for staking BNB, BUSD, and other tokens. ... Read more

6 September 2020 By Lilly Harvey
Institutional adoption of blockchain can offer great benefits, as truly decentralized control often comes from the roots of centralization. The power of blockchain technology to decentralize control of our financial economy is well documented ... Read more

3 September 2020 By Lilly Harvey
IOTA’s network upgrade Chrysalis is now live, bringing an exponential increase in speed. The IOTA project has successfully completed its Chrysalis upgrade, enabling the network to handle up to 1000 transactions per second. This is around 50x faster than previously when the network topped out around 20 TPS. ... Read more

1 September 2020 By Lilly Harvey
It’s a different kind of Space Race. Filecoin, a blockchain-based decentralized storage project, is officially launching its testnet- Space Race to test out the network before the mainnet launch. ... Read more

30 August 2020 By Dominic Robinson
The Middle Eastern restaurant, with three locations across Ontario, announced it would be switching its cash reserves to crypto. A Canada-based Middle Eastern restaurant chain just converted their entire fiat cash reserves into Bitcoin. ... Read more

28 August 2020 By Dominic Robinson
Some new upgrades to keep in mind. The Binance Chain mainnet, a blockchain software system developed by Binance and its community, is scheduled to do a hard fork upgrade around August 28 at 6:00 AM UTC. According to the company’s post on August 23, the full node runners on the mainnet are expected to switch their software version to v0.8.0 by the hard fork date. ... Read more

26 August 2020 By Evan Fitzgerald
Cyprus is becoming a hotspot for Blockchain technology. The VeChain Foundation has partnered with accounting and consulting firm Grant Thornton Cyprus. According to an announcement from the company, the partnership hopes to extend blockchain solutions to a variety of industries. ... Read more

22 August 2020 By Evan Fitzgerald
A unified language for digital assets would provide the foundation for our decentralized economic and social infrastructure. Simplicity is directly proportional to efficiency; when there are fewer things to break, we expect that on average, even fewer things will do so ... Read more

21 August 2020 By Dominic Robinson
That would give Bitcoin a market cap of at least $9 trillion dollars. Anthony Pompliano believes that by the end of 2029, the market capitalization of Bitcoin (BTC) will be higher than that of gold. The Morgan Creek Digital co-founder’s tweet provoked a reply from Peter Schiff: “By 2029 you'll be lucky if the market cap of #Bitcoin still exceeds the market cap of a baseball cap.” ... Read more

19 August 2020 By Evan Fitzgerald
The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades. The metals and minerals resource trading subsidiary of Mitsubishi Corporation, Mitsubishi Corporation RtM Japan Ltd, has launched a blockchain platform named ECO for precious metals trading. ... Read more

17 August 2020 By Dominic Robinson
Strategies from the world of traditional finance could offer promise for miners who want to lower the risk associated with holding inventory. To a newcomer, crypto mining may sound deceptively easy — essentially, a way to switch on a machine, walk away and watch the lucrative crypto rewards roll in. But the reality is a little more complicated. ... Read more

15 August 2020 By Lilly Harvey
Chrysalis is barely a week away from going live. The IOTA network is preparing to launch the first phase of Chrysalis, also known as IOTA 1.5, on its mainnet sometime next week. ... Read more

13 August 2020 By Evan Fitzgerald
Facebook is determined not to take “no” for an answer when it comes to fintech. Facebook has launched a new product group to promote “payments and commerce opportunities” with David Marcus, Libra’s co-creator, in charge of the division. ... Read more