BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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Even if the EOS Network concentrates on distributing the new digital coin EIDOS, the platform is riddled with challenges. According to research done by the crypto exchange platform Coinbase, the platform is operating on borrowed resources. Coinbase team reveals that the EOS Network temporarily ceased operations between November 1 and November 8. However, the operations [...]
The Stellar Development Foundation (SDF) has burned more than 50 percent of the total XLM supply, amounting to over 55 billion XLM coins. The XLM tokens burnt so far are worth more than $4.4 billion. The activity was occasioned by the need for the foundation to try to reorganize its development strategy. The Stellar Development [...]
Cardano’s Daedalus wallet is now live on the Cardano mainnet, following a recent update that will see the wallet get a facelift. According to the announcement, the update happens shortly before the official launch of the Shelley incentivized testnet. The updated Daedalus wallet comes with new components, which include an integrated newsfeed and an improved [...]
Litecoin (LTC) went through the halving process in August and three months down the line, Litecoin hash rate is on a downward trend, leading to all-time lows in mining profitability. This massive drop in mining activity heralds yet another downbeat report for the sixth-largest digital asset in terms of market size. Earlier in the year, [...]
Twenty founding members of the Libra Association, apart from Facebook, have not remitted their commitment money amounting to $10 million each toward the Libra project. According to a report by BBC yesterday (Tuesday, October 22), each of the twenty founders agreed to produce investment money amounting to $10 million, as confirmed by Facebook during Libra’s [...]
Libra—the Facebook-allied cryptocurrency that has been riddled with controversy, is ‘inescapable’ and here to stay. This is according to a French tycoon Xavier Niel, who is also the founder of telecoms group Iliad. The Libra enthusiast said that Libra is “inevitable” and “will exist” just as more than 1000 other cryptocurrencies exist in the market. [...]
The founder of Facebook crypto-project Libra, Mark Zuckerberg, is set to appear before the U.S. regulator, the Securities and Exchanges Commission (SEC) by January 2020. This announcement comes shortly after Facebook COO Sheryl Sandberg agreed to testify before the U.S. House Committee on October 29. However, the meeting will not take place until the CEO [...]
The Securities and Exchange Commission (SEC) has slapped the blockchain company, Block.one, with a $24 million civil penalty for unlawfully conducting an Initial Coin Offering (ICO). According to a report released from the SEC office dated September 30, 2019, the regulatory body stated that it had settled charges against Block.one for unlawfully initiating an ICO [...]
Cryptocurrency exchange bitFlyer announced today that it’s adding support for new altcoins on their buy/sell platform. The new service will be available for the European and U.S. customers. According to the report, the inclusion will enable buy/sell customers in Europe to purchase or sell different altcoins, such as Ethereum Classic (ETC), Bitcoin Cash (BCH), Litecoin [...]
TRON CEO Justin Sun today promised a new TRX revenue staking plan for all players in the TRON network. In multiple tweets on September 21, 2019, Sun stated that users, partners, and crypto exchanges which are involved in the TRON network would experience a decentralized and fair distribution of TRX incentives. Fair, Decentralized Revenue Staking [...]