After Bitcoin’s success, blockchain technology was growing enormously. Developers found that Bitcoin‘s benefit was very narrow and limited to only one purpose(money). Bitcoin has failed to impact the tech and financial services, because of the limited functionalities. In order to overcome these limitations, developers thought of creating a blockchain-based platform
Key Takeaways: Ripple’s Chief Technology Officer lost over $300,000. Ripple CTO’s risk-avoiding decision. Schwartz sold 40,000 Ethereum at $1 each. He also sold Bitcoin at $750 and Ripple at $.10 per crypto. Ripple’s Chief Technology Officer (CTO) David Schwartz lost more than $300,000 in investing over altcoins. Ripple CTO Lost
Ripple, the San Francisco-based fintech firm is now set to open its regional office within Dubai International Financial Center (DIFC) district. Ripple announced its interest in opening a regional HQ in Dubai. However, the fintech firm no longer wants to be situated in San Francisco. This is due to the
Marathon Patent Group made an announcement that it has stepped into a contract with Bitmain to buy an additional 10,000 next-generation Antminer S-19 Pro ASIC Miners. 2021 Will Be a Year For Bitcoin Mining Marathon, a Nasdaq-listed digital asset technology and biggest publicly traded self-mining firm. On the other hand,
WaterDrop (WDP) is a decentralized token platform built on the Ethereum blockchain network. WDP is the native token of the cryptocurrency decentralized exchange Water which will be launched by 2021. WaterDrop token is generally blockchain-based, with the same functionality as Bitcoin, Ethereum, and Bitcoin Cash. The main difference between WDP
Breitling has, a well-known Swiss company has become the world’s first luxury watchmaker to leverage blockchain technology digital watch certificates. Swiss firm partner with Arianee, an open-source protocol for creating digital identities for valuable items, to issue these watch certificates. Every watch sold by the firm will come with a
OKEx, a leading Asian cryptocurrency exchange has caused selling panic in the crypto market. However, suddenly after suspending its service to cooperate with an investigation. Chinese news agency Caixin reported that one of the founders of OKEx, Mingxing Xu (also called Star Xu), has been questioned by the police. Moreover,
Glassnode data shows Ethereum’s total transaction fees recorded their highest-ever earnings in September 2020, stood at an all-time high of $166 million for the month which is more than the $26 million taken in Bitcoin fees. The major factor behind this rise is the growth of the decentralized finance (DeFi)
Crypto Bitlord identifies macro trends as part of his strategy to identify highly profitable cryptocurrencies. According to the analyst, Polkadot and Kusama could be projects with great potential. The early XRP investor, Crypto Bitlord, remembered in the 70th edition of Going Parabolic the days before the all-time high of the Bitcoin price and
Beowulf Blockchain has announced the listing of its own coin on Bittrex Global exchange starting on September 24, 2020. Beowulf, a business-to-business decentralized cloud network for communication services. The company brings transparency and immediately-available solutions for all users and business customers in many fields. Through the listing, Beowulf will decentralize
