NEO Announces ‘NeoFS’ Distributed File Storage, Competing with Dropbox and Amazon S3

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On Nov. 30th, NEO announced—in collaboration with NSPCC—that they are developing a distributed file storage system that would work as a “cornerstone” of the NEO platform. NeoFS would “allow users to take back control of their data,” and would be as “simple to use as Dropbox” or “Amazon S3.” NEO is a blockchain platform with…

When Blockchains Go Down: Why Crypto Outages Are on the Rise

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It used to be that downtime was unheard of on blockchain networks. As new protocols and new trade-offs emerge, that’s no longer the case.

Venezuela Loves Dash: Altcoin Surges 30% on Adoption Push

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News dominating the current cycle is all about bitcoin core (BTC) skipping above the psychological $7,000 price point. However, quietly, determinedly, the altcoin Dash has been besting all comers. It is up double digits in recent days, thanks in part to its proponents’ dogged hustle and commitment to emerging economies such as Venezuela. Also read:…

Inside OnChainFX’s Breakeven Multiple and the Winners of Last Alt Season

Inside OnChainFX’s Breakeven Multiple and the Winners of Last Alt Season

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While 2017 was a year of exorbitant gains and lavish dreams, 2018 has crashed the reality of cryptocurrency enthusiasts back to Earth. Many of the incredible gains seen in 2017 have been entirely wiped out, and those who bought at or near all-time-highs (ATH) are deep in the red. To help illustrate those losses, OnChainFX…

Korea Will Fuel the Development of dApps and Base Blockchain Layers Like Ethereum, EOS and NEO

Korea Will Fuel the Development of dApps and Base Blockchain Layers Like Ethereum, EOS and NEO

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Local publications reported that the government of South Korea finalized plans to legitimize the cryptocurrency exchange market and the blockchain sector with a newly created regulatory framework. Initially, local financial authorities will begin with an imposition of a new legislation that will recognize cryptocurrency exchanges as regulated financial institutions and brokerages. Local cryptocurrency exchanges like…

Below $0.50: XRP Prices Fall to New 2018 Lows

Below $0.50: XRP Prices Fall to New 2018 Lows

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XRP and other well-known crypto assets are sitting on dangerous grounds as they print new price lows not seen since 2017.

EOS, Ethereum and NEO Receive Top Ratings by China in Round Two

EOS, Ethereum and NEO Receive Top Ratings by China in Round Two

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China recently revealed its second batch of state-endorsed cryptocurrency ratings and notably, EOS takes the lead this round as it was entirely excluded in the first set of ratings released in May 2018. Ethereum, Steem, and Lisk held the top ratings the first time around. The blockchain projects ratings depend on three different components based on technology,…

Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

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Chinese President Xi Jinping — the leader of the world’s second-largest economy — has described blockchain as accelerating “application breakthroughs.” Addressing the annual Chinese Academy of Sciences conference on May 28, China’s leader hailed blockchain technology as one that “profoundly affected the country’s future and destiny.” The President noted: “Ever since the start of the…

Price Watch: Stellar Lumens, Cardano, NEO, EOS and IOTA Continue to Fall

Price Watch: Stellar Lumens, Cardano, NEO, EOS and IOTA Continue to Fall

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The cryptocurrency market continues to plunge downward. Cryptocurrencies and altcoins are trapped in the red, with major players like Bitcoin and Bitcoin Cash have shed hundreds off their previous value in less than 24 hours. Smaller assets, like XLM, ADA and EOS incurred lighter losses and are continuing to suffer from the overall market downturn.…

Price Watch: Stellar Lumens, Cardano, NEO, EOS and IOTA Begin to Turn Green

Price Watch: Stellar Lumens, Cardano, NEO, EOS and IOTA Begin to Turn Green

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Like many other cryptocurrencies, altcoins such as XLM, ADA, NEO, EOS, and IOTA are beginning to show some green candles after a volatile week. Stellar Lumens (XLM) Stellar Lumens has fallen to 31 cents. That’s about two cents less than where it stood during our previous price article. Stellar Lumens is up 1.4% over the…