BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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The global payment network Swift, one of the main guardians of the current banking model, has announced the testing of a new cross-border settlement system that could give Ripple blockchain startup a run for its money. According to a post published by Financial Times, Swift is making a lot of progress to counter the rapid [...]
Cryptocurrency market has had one of the toughest years since the birth of Bitcoin in 2009. However, it is not too late for a comeback, according to a venture capitalist Tom Lee. Bitcoin and Ethereum were the star cryptocurrencies in 2017, but this year has been a different story. The industry lost nearly $70 billion [...]
Thomas McLeod – co-founder and CEO of rental service company Omni – recently stated that he is working with Ripple and its native token XRP to bring liquidity to his clients as well as improve the sharing economy. He said: "By enabling XRP cash outs, we’re aiming to lower the barrier to entry for crypto-curious [...]
The founder of ConSensys and co-founder of Ethereum Joseph Lubin said that despite the decline in the price of ETH, the Ethereum platform is growing rapidly. He said the drop in the value of the third largest cryptocurrency by market capitalization is a non-issue so long as the open source developers continue to demonstrate progress [...]
Ripple Chief Executive Officer Brad Garlinghouse believes that banks will start holding cryptocurrencies for their clients in 2019. The cryptocurrency market was having the most negative month since November last year. The previous four weeks or so has seen Bitcoin shedding over 30% of its value. Despite the present crypto market meltdown, Garlinghouse believes digital [...]
The world’s largest blockchain software development company ConsenSys is looking forward to rewarding Manila residents with Ethereum’s native token Ether for cleaning up polluted beaches in the country’s capital city. The head of ConsenSys and also Ethereum co-founder Joseph Lubin tweeted that people in Manila will be paid in ETH for cleaning filthy city beaches. [...]
Tokyo-based crypto exchange Coincheck has revealed today, on the 26th of November, that it has resumed trading pairs for Ripple (XRP) and Factom (FCT) cryptocurrencies. In an official statement published on its site, the embattled cryptocurrency exchange announced that starting from today, deposits and sales of the mentioned digital coins would be reinstated along with [...]
The Swiss Federal Railway (SBB) has announced that it has finished exploring a blockchain-based worker's identity solution to address safety issues in railway tracks, according to a press release. A blockchain company Linum Labs developed the solution using an Uport technology. A US-based software development studio Consensys is also part of the project. From the [...]
Blockchain has been touted as the next big thing after the internet. The technology that underpins bitcoin has been praised by big players including MasterCard, IBM and Bank of America as one of the best technological breakthroughs the world has ever seen. However, payment startup that processes transactions in over 70 countries thinks the blockchain [...]
Level K, a smart contract and decentralized application development company, has discovered a critical security weakness in the Ethereum blockchain. The vulnerability would have allowed an attacker to reward himself large amounts of GasToken when receiving Ethereum’s native cryptocurrency ETH. It is still not clear how many exchanges have been possibly affected by the bug. [...]