Iota Enters First Phase to Become ‘Fully Decentralized Network’ by 2021 Iota, a major blockchain project designed for the Internet of Things, or IOT, has entered the first phase in its roadmap for upgrading the network to IOTA 2.0.According to a June 30 blog post, users can now download the new Pollen release in the first fully decentralized IOTA test network.The release is the first phase… Illicit crypto transactions are getting more attention from the government The COVID-19 pandemic has forced governments worldwide to focus on bringing blockchain technology to their financial services, along with the needed regulatory upgrades to keep the burgeoning fintech industry clean.Related: Not like before: Digital currencies debut amid COVID-19For example, on Sep.10, Switzerland — a global center for the wealth management industry, housing around $2… Price Analysis 28/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XLM, XMR In the past few weeks, both Bitcoin and gold have attracted investors who have flocked to safe haven assets due to trade wars and an uncertain geopolitical environment.While traditional investors prefer investing in gold, the discovery of fake kilogram gold bars in the vault of JP Morgan Chase points to a forgery crisis.While… Public Gets Chance to Earn Block Rewards by Donating Computing Power to Scientific Research A startup has unveiled bold plans to tackle the excessive levels of energy consumption seen in cryptocurrency mining, all while giving everyday computer users more of a chance to receive block rewards.Resistance argues that proof-of-work mining “has been hijacked by huge mining farms using tons of energy to take control of the market” — isolating… Report: Companies, Investors Circumvent Chinese ICO Ban An investigation by the Xinhua News Agency has shown it is possible to bypass China’s Initial Coin Offering (ICO) ban, according to an article published September 26.The investigation has shown that despite the government’s efforts to crack down on “ICO illegal financing,” investors can circumvent the law by using a “foreign shell” company, among other… Bitcoin Dominates Demand as Genesis Processes $425 Million of Loans in Q1 2019 Cryptocurrency lender Genesis processed $425 million in loans over the first quarter of 2019, according to a report released on April 25.The company’s Q1 Digital Asset Lending Snapshot revealed bitcoin (BTC) continues to dominate demand, comprising 68% of its loan portfolio.
Lending in ether (ETH) almost halved to 3.6% compared with the last quarter, and… Bitcoin Falls Below the $7,900 Mark as US Stock Market Sees a Minor Downturn Monday, May 20 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) has fallen below the $7.900 mark again.Market visualization courtesy of Coin360Bitcoin is down over 1.7% on the day, trading at $7,883 at press time, according to CoinMarketCap.Looking at its weekly chart,… Legislators Endorse Virtual Asset Summit Convened in Response to Coming FATF Crypto Rules Global legislators have voiced their support for a forthcoming summit in Osaka, Japan, which will be devoted to virtual asset service providers’ (VASPs) response to a new set of recommendations set forward by the Financial Action Task Force (FATF).Cointelegraph Japan reported the news on June 19.According to the report, the V20 summit will take… Neo Founder Says Next-Gen Internet Will Break Up Tech Giants’ Data Silos The founder of blockchain platform Neo, Hongfei Da, discussed the importance of next-generation internet at Unitize.493 Total views 23 Total shares Most of today’s internet landscape is controlled by a countable few tech oligarchs such as Facebook, Tencent and Alibaba, according to Hongfei Da, the founder of blockchain platform Neo.During the Unitize blockchain conference,… .
