Archived Posts

Prominent persons who are involved in Ethereum Classic (ETC) venture tweeted August 1 to share issues related to the blockchain. To beginw tih Hudson Jameson, member of Ethereum Foundation, stated that “Exchanges need to pause deposits and withdrawals.” The issue was confirmed by James Wo, founder of Ethereum Classic Labs and also by core Ethereum   Read more...

NEM Ventures, a blockchain focused venture capital fund, has acquired a stake in SharpShark, a Chile based firm capitalizing on Symbol blockchain platform to prove time stamping tool for content developers and safeguard their intellectual assets. The platform will also facilitate them to transfer or tokenize the content created by them. SharpShark is structured for   Read more...

Tencent, China based tech behemoth, has disclosed its intention for developing a blockchain powered wine tracking platform in partnership with Changyu, China’s largest and oldest wine manufacturer. It is the first such countrywide initiative for China’s domestic wine sector. As per Changyu, the platform has been structured to track every move in the process of   Read more...

In the past two weeks, Ether (ETH), native crypto of Ethereum blockchain, has rallied 75% to hit $400, from $222. Several investors feel that upward thrust seen in Ether is leading the rally in the market and even keeps Bitcoin (BTC) in an uptrend. Three reasons for Ether rally seems to be DeFi, ETH 2.0   Read more...

Popular developer of the stock-to-flow (S2F) model, PlanB, is forecasting a huge rally in Bitcoin (BTC), with price hitting $100,000 in the months ahead as the crypto has already broken out of the narrow price band and trades at yearly highs. The bullish view matches with the shift in momentum seen from altcoins to Bitcoin   Read more...

Cryptocurrency trading accounts which have remained inactive for several months have suddenly turned active. As per Japanese cryptocurrency exchange Coincheck, such dormant accounts are currently contributing doing twice to thrice the usual level of trading volume. Co-founder Coincheck, Yusuke Otsuka, while speaking to media, pointed out clients who had not traded for some time has   Read more...

A Bloomberg report indicates that Americans are churning their portfolio by shifting from dollar, which is perceived as a safe haven asset, to more risky assets such as stocks and Bitcoin (BTC). Due to Covid-19 related lockdown, the US is witnessing a record high personal savings rate. Unfortunately, the dividend received on savings account is   Read more...

The mainnet of Elrond, which touts to be a high performance blockchain venture, is scheduled to go live today, in addition to a unique DeFI application, staking and a stack of distinct features. Its ERD token skyrocketed in July in anticipation of the much anticipated rollout. The launch tracks triumphant testnet with over 1,500 nodes   Read more...

Blockchain focused firm Overstock reported Q2 results, which indicated surge in revenue compared with the similar period of 2019. Specifically, the company reported net revenue of $783 million, up 109% y-o-y. Gross earnings were $180 million, reflecting 23% of total revenues generated, and underlining 321 basis points improvement on y-o-y basis. Overstock, a mainstream company,   Read more...