Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin are Deep in the Red

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin are Deep in the Red

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At press time, most major cryptocurrencies are deep in the red, with entitles like Ethereum and Ripple experiencing anywhere between five and twelve percent drops over the last 24 hours. This marks an unfortunate change from Monday when currencies like Bitcoin – then trading for about $8,500 – were showing minor signs of potential recovery.…

MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network

MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network

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A recently completed MIT test showcases how bitcoin might not just scale, but do so in a way where it’s transactions are more expressive than today.

CoinGate to Integrate Lightning Network for Bitcoin

CoinGate to Integrate Lightning Network for Bitcoin

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CoinGate has unveiled sandbox testing for Lightning Network, making the Lithuanian payment processor one of the first businesses to integrate the Bitcoin scaling solution. After implementing SegWit addresses in December 2017, the move is CoinGate’s second Bitcoin-friendly addition — taking the platform a step closer towards its goal of being the first to integrate Lightning…

Nchain Acquires Majority Stake in BCH-Application Handcash

Nchain Acquires Majority Stake in BCH-Application Handcash

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On Monday the blockchain research and development firm, Nchain, announced the acquisition of a majority stake in the Bitcoin Cash-centric startup Handcash. The Handcash platform allows users to send BCH in a contactless manner using near field communication (NFC) technology. Also read: BCH Miners Discuss Funding Development With a Fraction of Block Rewards Nchain Acquires a…

Ohio Could Become Next US State to Legally Recognize Blockchain Data

Ohio Could Become Next US State to Legally Recognize Blockchain Data

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A bill proposed by an Ohio Senator would let the state legally recognize blockchain records and smart contracts.

VeChain Reveals New Development Plan and Whitepaper, Announces First ICO on VeChainThor

VeChain Reveals New Development Plan and Whitepaper, Announces First ICO on VeChainThor

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VeChain’s VEN token rose 5% after an announcement from the VeChain Foundation unveiling a new development plan and whitepaper. The blockchain-based product ID and supply chain management platform’s release details upcoming partnerships, a new governance model, and the future of the VeChain project. Announced on Twitter on May 20, the new development plan and whitepaper…

2017 Saw 'Exponential' Blockchain Startup Growth, Says China's IT Ministry

2017 Saw 'Exponential' Blockchain Startup Growth, Says China's IT Ministry

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Forty percent of all Chinese blockchain startups emerged in 2017 alone, according to a new report published by China’s IT Ministry

Marvel, The Simpsons Go Crypto

Marvel, The Simpsons Go Crypto

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Crypto is set for yet another banner year, especially if mainstream portrayals of it are any indication. Marvel Comics’ Hunt for Wolverine – Adamantium Agenda #1 and The Simpsons: Tapped Out video game are both working-in references to cryptocurrency into their respective storylines and quests in attempt to capture some of the excitement regarding money’s…

Exclusive Interview: Stephen Xu, Former Lead Developer for QTUM

Exclusive Interview: Stephen Xu, Former Lead Developer for QTUM

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Cryptocurrencies and blockchain become more applicable every day as a solution to global inefficiencies – but much progress is yet to be made in this nascent industry. On May 17, 2018, Stephen Xu of QTUM shared his thoughts on the future outlook of blockchain integration and his plans to take on roles outside of Lead…

China Ranks Cryptos: Bitcoin (BTC) Dismal 13 of 28

China Ranks Cryptos: Bitcoin (BTC) Dismal 13 of 28

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People’s Republic of China (PRC) 中华人民共和国 was one of the first governments to ban bitcoin, cryptocurrency. Now, the PRC is the first country to come out with official government crypto rankings. Its China Center for Information Industry Development (CCID) used three filters through which coins would be judged: innovation, technology, application. Rather surprisingly to some…