While working with the Mastercoin team (now called Omni) in Israel in 2013 Vitalik suggested some improvements to the project to make the protocol more generalized to support more contracts. Moreover, he saw a major flaw in its scripting language which was not Turing complete. Although appreciated, his suggestions weren’t implemented by the Mastercoin team,…
Decentralization is key to the rise of cryptocurrencies. It’s a common refrain of blockchain professionals — one uttered at every conference and echoed throughout media coverage of blockchain. However, the on-ramps to the cryptocurrency economy remain centralized single points of failure. Though highly secure, even the most widely used exchanges exhibit the vulnerabilities present in…
DCEX uses Ripple tech, entering the crypto market as a brand new decentralized cryptocurrency marketplace with Ripple (XRP) at its core. According to a press release published yesterday, the San Francisco-based platform just opened registration for institutional and retail investors. DCEX Uses Ripple Tech The new platform was developed by the blockchain firm AlphaPoint and…
In a sea of sellers, a light has been cast on Verge (XVG). Huobi lists Verge, as announced Tuesday, causing the altcoin to increase nearly 5%. Here’s what we know. Huobi Lists Verge: Deposits Now, Trading Tomorrow! On July 31st, Huobi announced the listing of XVG as a trading pair. According to the post, deposits are currently…
In today’s edition of Crypto Daily News, we’ll cover the NFL’s latest deal in crypto, Thomson Reuters’ partnership with Crypto Compare, and Bitcoin (BTC) dropping below $8,000. Crypto Daily News: July 31st, 2018 NFLPA Strikes Crypto Deal Announced this morning, the National Football League Players Association (NFLPA) plans to encourage its members to provide commentary,…
Online bank Swissquote opened its banking doors to accommodate Bitcoin trading accounts for its clients in July of 2017. It was thought to be the first European online bank to do this. A year on, and Swissquote has revealed the fruits of its labor for adopting the cryptocurrency with a 44% surge in profits attributed to the…
A few years ago Jamie Dimon was renowned for saying that bitcoin developers “are going to try and eat our lunch” and that silicon valley was coming to get the banks. Three years later, it’s not quite the case. The big banks are getting bigger, and the FinTech community is nibbling at the ankles and not biting…
EOS (EOS) has been on a rollercoaster ride this past month, and is currently down 65% from the record high posted in April 2018. The market cap is now the 5th largest among all coins tracked by BraveNewCoin, at US$6.13 billion, with exchange-traded volume of US$911 million in the past 24 hours. EOS was created…
These two new ‘parody’ apps—PoWH 3D and FOMO 3D—make a mockery of the crypto ecosystem by transparently letting early investors directly benefit from the funds of later investors. PoWH 3D, is a decentralized exchange, with its own unique ethereum-bonded token, and FOMO 3D is a gambling game designed to simulate “all the excitement of an ICO exit scam.”…
The IBM blockchain platform aimed at financial services was launched today, according to a CNBC news report. IBM currently holds several blockchain-based patents and is working on several different projects with Distributed Ledger technology. IBM Paves the Way When cryptocurrency began its ramp up back in mid-2017, several banks around the world started eyeing blockchain technology to see…
