Kibo Lotto, gaming platform based on Ethereum smart contracts, announced that the project development is complete.
The team behind an ethereum scaling solution is launching an off-the-chain micropayment system that is designed to address the scalability and latency problems of the network.
Last month’s much spoken hard fork has seen Bitcoin price rally to reach new all time high of $5000. Let’s try to understand the possible reasons behind the rally and the future prospects for Bitcoin and Bitcoin Cash – forked version of Bitcoin.
The founder of ethereum blockchain believes the network has the potential to rival such giant financial companies as Visa in the next couple of years.
The new alliance will bring merchants the possibility to accept payments in the form of bitcoins.
Indian authorities are discussing the proposal to set up state-cryptocurrency ‘Lakshmi’ based on blockchain technology and backed by the Reserve Bank of India (RBI).
The public often feels somewhat split about the new advances in technology – they can be both exciting and daunting. Some inventions enter the mainstream almost overnight, and for others, it takes time to adjust and adopt. One example of such harder to comprehend innovations can be seen in the phenomenon of cryptocurrencies and their rise as a medium of exchange.
Bitcoin is trading below $4,000 as the tightening regulation and negative comments from industry leaders keep investors worried about the cryptocurrency’s future.
Russian finance ministry and the central bank are reportedly planning to legalize the use of the digital currency in Russia by the end of the year.
Rumors about Chinese government’s plans to ban trading of bitcoin and other virtual currencies on domestic exchanges decrease Bitcoin price to under $4150 level.
According to a report by a group of researchers from the Massachusetts Institute of Technology (MIT) and Boston University (BU), IOTA, the cryptocurrency supporting Internet of Things (IoT) transactions, had “serious weaknesses.”
Bitfinex has announced the beginning of NEO exchange trading against USD, BTC and ETH. Top-ten altcoins seem to regain value and reverse the losses after China’s ICO ban declared on Monday.
The new solution is expected to significantly boost the speed of the ethereum network, raising its capacity to more than a million of transfers a second.
The rough decline cryptocurrencies’ prices accompanied by total market capitalization drop now seems to be over as the situation improves quickly.
Bitcoin drops under $4000 after its historical maximum of $5000 reached few days ago, following the decision of The People’s Bank of China to ban ICOs.