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cryptocurrency August 16, 2018

The new blockchain platform may help with the tracking of billions of financial documents. Advertisements China’s state-owned Aerospace Science and Industry Corporation Ltd. has created a blockchain-based platform to improve its electronic invoice system, according to an official announcement dated August 13. The announcement, which was also posted in China’s official state newspaper, People’s Daily, […]

cryptocurrency August 15, 2018

The move could signal a desire not to be left behind as other Caribbean countries embrace blockchain tech. Advertisements The Jamaican Stock Exchange (JSE) has partnered with Toronto-based FinTech company Blockstation to allow digital asset trading, according to an August 14 press release. Blockstation’s electronic communication network and order management system is intended to allow […]

cryptocurrency August 14, 2018

Economist Tyler Cowen thinks that, thanks to digital minimalism, America is facing the death of private property and capitalism as we know it. But as Fred Ehrsam alludes to, the birth of cryptocurrency may suggest otherwise. Advertisements On Sunday, Tyler Cowen, a prominent economist and director of the Mercatus Center, a free market think tank […]

cryptocurrency August 14, 2018

Square’s mobile payment app is totally down with bitcoin. Here’s a brief timeline of how it got there. Advertisements According to a recent tweet from the team behind Cash App, the mobile payment app developed by financial services company Square Inc., users can now buy and sell bitcoin across the US, from Alabama to Wyoming […]

cryptocurrency August 14, 2018

A recent yellow paper by Vitalik Buterin simplifies and applies a 99 percent Byzantine fault tolerant algorithm for blockchains. ETHNews explains it in language you can understand (minus the math). Advertisements Last week, Vitalik Buterin published “A Guide to 99% Fault Tolerant Consensus,” wherein he lays out a simplified version of Leslie Lamport’s 1982 algorithm […]

cryptocurrency August 13, 2018

After recent drops in the price of bitcoin and other cryptocurrencies, the government’s central bank felt the need to remind citizens of the risks of trading, both financial and legal. Advertisements The Saudi Arabian Monetary Authority (SAMA) issued a statement yesterday reminding citizens that any dealings with cryptocurrency are still illegal. The central bank’s Sunday […]

cryptocurrency August 12, 2018

ETHNews sat down with Merit founder and CEO Adil Wali to learn about the connection between the eSports and cryptocurrency communities. Advertisements Multiplayer video game competitions, or eSports, are huge. Starting with the Space Invaders Championship of 1980, which saw 10,000 gamers compete for glory and intergalactic domination, contests and tournaments have long been a […]

cryptocurrency August 11, 2018

The duo found that digital currencies don’t behave like stocks or other currencies when it comes to price movements. Advertisements On August 6, Yale economist Yukun Liu and PhD candidate Aleh Tsyvinski published a working paper titled Risks and Returns of Cryptocurrency. In it, they argue that there are several factors that predict price trends […]