Blockchain and cryptocurrency, although long posing a promising digital solution to many of the issues associated with archaic monetary and digital systems, may soon be growing out of its “Lambo” and “Crypto Bro Club” phase as the technologies see greater mainstream adoption rates. The recent blockchain week in San Francisco points to the fact that…
It has emerged that one of the planet’s most respected endowment managers has taken up positions in the cryptocurrency space. David Swensen has managed Yale University’s almost $30 billion endowment fund since the mid-eighties, earning him great esteem as an investor. Yale’s “Warren Buffett” Investing in Cryptocurrency More institutional money continues to trickle into cryptocurrency.…
A list describing the price trend of top cryptocurrencies in 2018 revealed EOS had the least bearish drop in 2018. According to the document, EOS depreciated by 23.4 percent against the US Dollar by the end of Q3 2018. It imposed less losses on its investors compared to other top cryptocurrencies, which include Bitcoin, Litecoin,…
The Mayor of Seoul has unveiled plans that will further promote blockchain industries. His plans include a 100 billion won fund, as well as a large blockchain complex that will house over 200 companies. Expanding the Blockchain Industry Park Won-soon, Seoul’s acting Mayor rolled out the plans that aim to increase blockchain exposure and development.…
Binance had to move its headquarters from China to Japan in the wake of the PBoC’s crackdown against local cryptocurrency firms. But that didn’t discourage it from becoming the world’s leading cryptocurrency exchange. The company is now making waves in Australia as it invests USD$2.5 million into a local blockchain startup. A report from Business Insider confirmed…
The second and the final day of Ripple’s Swell conference maintained the excitement of the previous day. The San Francisco event, which on the first day saw former US President Bill Clinton taking the stage to speak about crypto revolution, and the launch of Ripple’s much-awaited xRipple cross-border payment service, shifted its focus to blockchain…
A team of researchers from Oxford are aiming to open the world’s first blockchain university later this year – called Woolf University, that will utilize blockchain tech to provide students with a one-on-one education that is cheaper than typical universities. The main draw of the new university for students will be the lower-than-average cost that…
Blockchain technology has been around for a while now. Even so, the technology is still considered to be in its infancy. Over the years, the industry has gone through dramatical changes. Most of them came after the introduction of cryptocurrencies. At first, there was only Bitcoin that has quickly started to rise in popularity and…
After raising $4 billion through a record-breaking token sale, the Block.one team now claims that they have solved the scalability issue, leading the EOS-based platform to be the most scalable and highest performing blockchain platform in the world. The claims regarding Block.one’s ultra-high performance come just months after the platform first went live and closely…
The first day of the Ripple’s two-day blockchain conference saw some significant updates. As predicted, the San Francisco event turned out to be the launchpad of Ripple’s cross-border payment system, xRapid. CEO Brad Garlinghouse took the stage to announce that xRapid will go live for the first time with three mainstream financial institutions. Payment providers Mercury…