ethereum

30

Sep

Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder

According to Polygon’s co-founder, Sandeep Nailwal, it is only a matter of time before Ethereum overtakes Bitcoin as the dominant layer-1 protocol. “Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with TechynoWorld. Nailwal believes that Ethereum will eventually become “the ultimate settlement layer” for[…]

blockchain

30

Sep

Ukraine’s central bank seeks to hire a blockchain developer, job posting reveals

The development marks another sign of the digital hryvnia project picking up steam. The National Bank of Ukraine, the country’s chief monetary authority, has recently taken to professional social network LinkedIn to promote its blockchain developer job opening. The ad was published by the director of NBU’s IT department, Vladimir Nagornyuk. The ad goes on to list “development,[…]

eu

29

Sep

Europe becomes largest crypto economy with over $1T in transactions

DeFi has become a major catalyst for Europe’s crypto economy. Large institutions have also upped their share of transactions significantly. The region of central, northern and western Europe, or CNWE, has emerged as the world’s most active cryptocurrency block, receiving over $1 trillion worth of digital assets over the past year, according to new research from blockchain[…]

crypto

29

Sep

62% of institutions to start investing in crypto within a year: Survey

Institutional investors expect to start buying crypto to increase their revenues over the long term. Institutional investors are increasingly looking to move into cryptocurrency investment to grow their revenues in the long term, a new survey revealed. As many as 62% of global institutional investors with zero exposure to cryptocurrencies like Bitcoin (BTC) said they expect to[…]

eth2

29

Sep

ETH 2.0 moves closer to fruition as devs set Altair upgrade for October

Ethereum’s transition to proof-of-stake continues, with the first mainnet upgrade of Beacon Chain scheduled for late October. The Ethereum network’s long-planned upgrade to a scalable, proof-of-stake consensus model grows closer as developers set a date for the Altair upgrade.  Altair, which is described as the first mainnet upgrade to the Beacon Chain, is scheduled to take place[…]

ethereum

29

Sep

Another Ethereum mining pool forced to close due to China crackdown

Beepool, the fourth largest Ethereum mining pool will shut down operations following Beijing’s anti crypto posture. BeePool, the fourth largest Ethereum mining pool, is closing amid China’s crypto crackdown. The China-based Ethereum mining pool announced on Tuesday it will suspend operations “in response to the latest regulatory policies.” Effective immediately, the registration of new users and the addition of[…]

bitcoin

29

Sep

Former Bitcoin lead dev predicts demise of BTC network … with a major silver lining

Bitcoin prices could reach $6 million per coin in forty years’ time, but the whales may eventually pull the plug. A former lead developer for the Bitcoin network has postulated a possible future for the world’s most popular cryptocurrency which includes an epic price prediction. Software developer Gavin Andresen published a recent blog post called “A Possible BTC Future”[…]

usd/btc

28

Sep

JPMorgan CEO says Bitcoin price could rise 10x but still won’t buy it

Banking mogul Jamie Dimon has been a notorious detractor of Bitcoin since 2017, in contrast to his firm’s overt desire to capitalize from the ecosystem’s growth. In an online interview with Times of India, Jamie Dimon, CEO of investment banking behemoth JPMorgan Chase, slandered Bitcoin’s popular appeal, despite stating that the leading digital asset could increase 10x in a matter[…]

google

28

Sep

Google, the most popular Bitcoin trend indicator, turns 23

Since the introduction of Bitcoin, Google has become an excellent popularity indicator for cryptocurrencies. Google, the leading indicator used to track the popularity of Bitcoin (BTC) and other cryptocurrencies, celebrated its 23rd anniversary on Monday. Founded by Larry Page and Sergey Brin when both were students at Stanford University, the search engine has spent the majority of[…]

blockchain

27

Sep

Blockchain will transform government services, and that’s just the beginning

Governments will not only use blockchain for fundamental services such as identity and voting but as a framework for economic growth. Governments are tasked with bringing fair and efficient services to the public. Unfortunately, providing transparency and accountability often results in a reduction in efficiency and effectiveness or vice versa. Governments are usually forced to choose to[…]

usd/btc

26

Sep

Diminishing returns: Is Bitcoin underperforming compared to altcoins?

After several hesitant months, altcoins are now outpacing the flagship asset. The first half of 2021 in the crypto markets brought many comparisons to 2017. Bitcoin (BTC) was on a tear to its all-time high, the new frontier of decentralized finance emerged, and nonfungible tokens were gaining myriad celebrity endorsements.  But after the initial months of euphoria[…]

BTC Chart

26

Sep

Morgan Stanley exec says Bitcoin is the ‘Kenny from South Park’ of money

Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park. Morgan Stanley’s Dennis Lynch shared a light-hearted analogy during a discussion at Morningstar’s yearly investment conference today, claiming that Bitcoin’s insatiable ability to defy the odds and rise from both technical and fundamental adversity portrays that of[…]