Dan Held is a Texan who doesn’t drive a truck, drink beer, love Trump, or watch sports. He’s a tech enthusiast who isn’t into coding. He looks like a typical preppy dude, wearing a white-button-up shirt and carrying a swoop haircut, but he flies drones, tinkers on full nodes, and writes about libertarian principles. He
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Bitcoin (BTC) spiked to $11,600 on Aug. 27 as the United States Federal Reserve committed to maintaining an average of 2% inflation. Data from Coin360 and Cointelegraph Markets showed BTC/USD jumping several hundred dollars on Thursday as Fed Chair Jerome Powell delivered a speech on the state of the economy. Cryptocurrency market daily snapshot, Aug.
As the blockchain space continues to mature, enterprises are starting to realize the technology’s capabilities. A major promise of blockchain is its ability to connect industries that typically operate in silos, bringing about new opportunities for data-sharing and increased transparency. While private blockchain networks are efficient for sharing sensitive data between network participants, public blockchain
CELO outperformed every major and minor asset class as its price exploded by more than 50 percent in just one day of trading. The utility token for the smart contract platform, Celo, rocketed to an all-time high of $20 on Bittrex from a meager $3. That extended the upside by almost 500 percent until a
Binance.UK is joining the self-regulating industry association CryptoUK as an executive member. The exchange will join stakeholders such as Coinbase, CryptoCompare and Ripple in leading the association’s strategic direction, and working with government policy makers to develop a regulatory framework for digital assets in the United Kingdom. CryptoUK was formed in early 2018 and promotes
Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake up the seemingly glacial world of enterprise blockchain. The most striking thing about Concordium, which launches its third testnet next month, is the way it pushes what was once anathema to big corporates:
Leah McGrath Goodman, the Newsweek journalist who named Japanese-American man Dorian Satoshi Nakamoto as Bitcoin’s founder in 2014, is doubling down on her claim. In an Aug. 25 episode of the Pomp Podcast with Anthony Pompliano, McGrath Goodman revealed details of the research regarding her original Newsweek story including her written correspondence with Dorian Nakamoto.
A long anticipated Ethereum Improvement Proposal (EIP) which aims to tackle high network fees is currently being tested on the Filecoin network. A proposal to change Ethereum’s fee structure has been in the pipeline since first being suggested in April 2019. A surge in network fees in recent months has brought the spotlight back on
Major U.S. cryptocurrency exchange, Coinbase Pro, has announced it will list the native token of blockchain platform Celo (CELO). Other Celo markets have responded enthusiastically, with the coin gaining roughly 55% over both USD and BTC over the past 24 hours as CELO rocketed into new all-time highs above $2.70. As of this writing, CELO
On Aug 26, Ripple (XRP) partner Flare Networks revealed details of a proposed new bridge connecting XRP with the Ethereum (ETH) blockchain. Ripple’s CEO Brad Garlinghouse and the XRP Army have expressed support for the first two-way bridge to bring the ecosystems together. The trustless bridge will allow XRP on the Flare Network — known
Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading
Crypto investor Ari Paul has predicted that within a year or two much of the crypto ecosystem will only allow withdrawals to whitelisted addresses. In a tweet on August 26, the BlockTower Capital co-founder and CIO Ari Paul forecast that there may also be a division between ‘clean’ coins that can be traced to regulated
Nigerian programmer Adebiyi David Adedoyin hears knocking at his apartment door. He’s just woken up and headed to the bathroom. He decides to take his time. He’ll answer in a minute. But the knocking grows louder – and more urgent. Inching open the bathroom door, Adedoyin sees someone clawing open his apartment window. “Someone’s there,”
Investment firm Bitcoin Capital hopes that its exchange-traded product will foster mass crypto adoption. The firm’s Bitcoin Capital Active Exchange Traded Product, or BTCA, is traded on the Swiss Stock Exchange. It can discretionarily allocate funds to fifteen different cryptocurrencies and fiat. Daniel Diemers, one of the directors of FICAS, the company that manages the product, told
On Thursday, U.S. Federal Reserve chairman Jerome Powell is expected to deliver an important speech that will highlight a new strategy of targeting “average inflation.” This means that the Fed might allow inflation to overshoot the 2% target temporarily if it has spent a long time below that level. If the Fed adopts this new
Distributed ledger technology (DLT) will have an incredible impact on financial services and engender greater financial inclusion and, therefore, economic growth, especially in emerging economies. That’s the opinion of Adrienne Harris, whose interest in the world of blockchain and digital assets began during her time as a Senior Advisor in the U.S. Department of the