EXCHANGES

How Bitcoin Has Changed Online Gaming

[ad_1] We always hear how Bitcoin is great for the financial industry, how it can remove the middleman and help you save money while you spend money. How it can provide fast transactions at any time to any place, even when you wish to send money to someone on the other side of the world. While all of that is true, it is important to remember that Bitcoin’s impact does
BLOCKCHAIN

Ethereum’s Proposed Hard Fork ‘Muir Glacier’ Would Delay Impending Ice Age

[ad_1] Ethereum developers have proposed a hard fork, named Muir Glacier, that should address the impending Ice Age, which could cause a significant slowdown on the Ethereum mainnet.In an Ethereum improvement proposal at the end of November, Ethereum developer James Hancock wrote that the proposed Ethereum Muir Glacier hard fork would push back the mechanism, known as Ice Age.Ice Age is unnecessarily complex and confusingEthereum’s Ice Age, also known as
BLOCKCHAIN

Canadian Venture Capital Firm Secured $320 Million to Invest in Fintech Startups

[ad_1] Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally.On Dec. 3, TechCrunch reported that the VC company received final commitments from institutional and strategic investors totaling $320 million. The funds will allow the company to make early-stage investments in promising fintech startups around the world, with a particular focus on regions like Canada, the
BLOCKCHAIN

Zcash Donates $40K to Canadian Private Messaging Developer

[ad_1] The Zcash Foundation, the firm behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian private messaging developer. The Open Privacy Research Society, a non-profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from Zcash, the organization announced on Dec. 3.As described by Open Privacy, Cwtch is a platform for building decentralized infrastructure based on metadata-resistant communication applications. Derived from a Welsh word meaning
Business

Market Mostly Trades Sideways as Bitcoin Price Hovers Around $7,300

[ad_1] Tuesday Dec. 3 — Most cryptocurrencies continue trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past few days.Cryptocurrency market daily overview. Source: Coin360Bitcoin started the day at $7,344, at which point the world’s largest crypto coin found an intra-day low of $7,230 before moving up again to the exact same trading price near $7,340. After a sluggish 24 hours, BTC
BLOCKCHAIN

South Korean Startup Claims to Have Solved Blockchain’s Speed Problem

[ad_1] The South Korean-based firm Bloom Technology announced that they have created a new technology that is able to speed up transactions on the blockchain.On Dec. 3, United Press International reported that Bloom Technology’s CEO, Lee Sang-yoon, said that the company's Lotus Chain technology has been able to reduce blockchain transaction processing times to fractions of a second. One single blockchain transaction takes less than 0.23 secondsThe company reportedly conducted a
EXCHANGES

New List Claims 1.9 Million Bitcoin Held by Centralized Exchanges

[ad_1] Cryptocurrency enthusiasts have been discussing a newly developed exchange ranking developed by the crypto portfolio and trading bot startup Bituniverse. According to a leaked screenshot of Bituniverse’s “Exchange Transparent Balance Rank,” there’s roughly 1.9 million BTC held on centralized trading platforms. Bituniverse claims the full list of exchange balance ranks “will be disclosed on December 12.” Also Read: John McAfee Weighs in on Maximalism, Epstein’s Death, and ‘the Greatest
BLOCKCHAIN

Blockchain to Save $450B in Supply Chain Costs in Western Europe

[ad_1] The implementation of blockchain technology in supply chains could save businesses in Western Europe $450 billion in logistics-related costs.According to a new study from Cointelegraph Consulting and Swiss enterprise blockchain firm Insolar, blockchain technology can reduce supply chain-related costs for businesses between 0.4% and 0.8%.While that may sound like a small figure, the sheer volume of the sector means that this percentage translates into a potential hundreds of billions
Business

Android Vulnerability Allows Hackers to Steal Crypto Wallet Info

[ad_1] Promon security researchers have uncovered a vulnerability that could allow cybercriminals to access private data on any Android phone.500 most popular apps are at riskOn Dec. 2, the Norwegian app security firm Promon revealed the discovery of a dangerous Android vulnerability called StrandHogg, which has reportedly infected all versions of Android and has put the top 500 most popular apps at risk. Promon CTO Tom Lysemose Hansen commented:“We have
BLOCKCHAIN

Cointelegraph Launches Consulting Division To Drive Enterprise Blockchain Adoption, Partners With Insolar and VeChain

[ad_1] Cointelegraph, the leading publication for blockchain and cryptocurrency news, has announced the launch of its Cointelegraph Consulting division. The new business sector is focused on advancing enterprise blockchain adoption by helping companies understand the potential of blockchain technology and then matching them with enterprise blockchain vendors to implement solutions.According to Gartner, the business value added by blockchain will grow to more than $176 billion by 2025. This number is