First revealed by Chinese President Xi Jinping in 2013, it is anticipated the Belt and Road initiative (B&R) will generate a total economic volume of $21 trillion US dollars (29% of the world’s total) by the time it is completed. The initiative is expected to drive international trade along new routes and create a surge in…
Ripple (XRP) has declined by 40% since the beginning of June, is currently near it’s lowest price since December 2017, and is down 89% from it’s all time high. The market cap now stands at US$44.35 billion (based on the total supply), with US$228.46 million in trading volume over the past 24 hours. There is…
Burst, dubbed the Linux of blockchain, is a triune technology: the first layer is a blockchain, IOTA-style tangles are built upon it and within those tangles it uses lightning network technology to create payment channels. Together, it calls this innovation Dymaxion Layers (a portmanteau of dynamic, maximum and tension). Burst draws heavily on comparisons to IOTA and even uses…
Automobile blockchain: Various companies around the world began jumping on the blockchain bonanza last year when cryptocurrency spread like a wildfire in the media and grew in popularity. Everyone tried to see how this new technology could benefit their current systems or even ride the blockchain ‘buzzword’ for a while. Long Island Iced Tea Inc, an…
Robinhood Exchange: Robinhood, the Financial services mobile app which launched in February of this year, has just announced further developments on its platform. Robinhood has now added support for Litecoin (LTC) and Bitcoin Cash (BCH). Currently, the Robinhood platform reaches 5 million users and the goal of the Fintech Startup is to “further expand our coin…
Trump crypto fraud task force: Earlier this year, the United States government revealed that it was looking at cryptocurrencies, with a particular focus on market fraud, and that it was developing a “comprehensive” strategy around virtual currencies. Now in the second half of the year, the US government is diving even further into the crypto…
You gotta love the believers. TenX’s co-founder Julian Hosp is definitely bullish about market leader BTC with his prediction for the second half of 2018. At the RISE tech conference in Hong Kong the crypto wallet and card start-up founder said to CNBC: “I predicted for 2018, we’re going to see $5,000 and $60,000. So…
The Crypto World Cup is coming to a close, but boy, what a competition it was! Charles Hoskinson and Charlie Lee stormed their way into the finals and will compete this coming Sunday at 8:00 AM PT. Justin Sun and Satoshi Nakamoto will go head-to-head on Saturday to compete for third place. Let’s take a…
Cardano (ADA) has finally made headlines at cryptocurrencies’ first news source, CoinDesk. Cardano’s co-founder, Charles Hoskinson, believed that CoinDesk was holding a “blackout” on Cardano for the longest time, but it seems that may be over now. Another example of the @coindesk media blackout on Cardano: https://t.co/4HruIMGoWP we announced that Ouroboros will be quantum resistant…
Despite the crypto asset market hitting the mainstream in 2017, there remains no true consensus across the sector on how to determine the ‘fair’ value of a cryptographic asset in today’s marketplace. Several evaluation metrics have been proposed, but unlike in the equity markets — where discounted cash flow models and accounting ratios have become…
