Sidechains Promise a Seamless Way to Play for Money on Blockchain

What if players could arrange a spontaneous cash game of any multiplayer title with tailored rules and the means to enforce fairness? 

It would need to be secure, so that gamers know there’s no chance of foul play, but also has to cater to the demands of a large number of players. Otherwise, there is a risk of slowing down the entire network.

Well, a solution may lie in sidechains on Ethereum Plasma. This extension allows for mini-blockchains to be created off the main network and confers the advantages of nearly instant payments with ...

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How Can You Stay Ahead of Competition in the Blockchain Industry?

Blockchain can be explained as an innovative technology that’s designed to transform the digital landscape. It was originally a decentralized ledger used for transactions in bitcoins. This ledger comprises various linked blocks of transactions in which an identical copy was meant to be stored on every computer that was part of this network. The changes made in this ledger were cryptographically approved by the person transferring bitcoins. This person is considered to be the real owner of this digital currency.

About Emerging Blockchain Technology:

The basic idea was to track every unit of digital ...

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The Case for the Ethereum Bear Market Ending, And Which Tokens May Lead The Way Out

For those who view ERC-20 tokens as potential investment opportunities, now may be a time to pay slightly closer attention. In the 20 day period from September 7 to September 27 of 2018, a sample of 574 ERC-20 tokens from the Ethereum One dataset was observed. The average price of those tokens in US dollars, weighted by their market cap, was calculated for each day. Below is a visualization of that data; the labels on the chart reflect the percent change since September 7.

We see that a weighted average portfolio would be up ...

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Eternal Token, What is It? And Why is It Up 42% Today?

What is Eternal Token (XET)? Where did it come from? And how has it grown so much so fast?

When a coin makes gains of 42% in a 24-hour period, it piques your interest. It doesn’t matter if it doesn’t sit within the cryptocurrency top ten, such massive gains in such a short period of time warrants investigation. So what exactly is Eternal Token (XET)?

Let’s find out.

Eternal Token

Eternal Token is new. Very new. It was created in June of this year and began listing on Coinmarketcap.com in August. It ...

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Will Ethereum (ETH) Reach Nearly $2,000 by the End of 2019? Tom Lee Thinks So

Tom Lee has been a long-time crypto bull and has faced Wall Street head on. Lee is the managing partner and head of research at Fundstrat Global Advisors. Usually, he gives his price predictions on Bitcoin (BTC), but yesterday he predicted the price of Ethereum (ETH).

Tom Lee Ethereum (ETH) Prediction

“We believe Ethereum is about to stage a trend reversal and rally strongly,” Lee said in a note to clients Thursday.

Ethereum, the world’s second-largest digital asset, is down more than 70 percent this year. In the past three months, ETH has dropped ...

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Ripple for Good Donates $105 million to Charity for Education

Ripple announced its new social impact program, Ripple for Good, that looks to support education and financial inclusion. Ripple’s social impact program is geared toward supporting mission-driven organizations and initiatives.

The #InternetofValue is not about disruption, it's about completion – making globalization better for everyone. Ripple for Good will be a central part of that mission. https://t.co/WkOTiAWCnO

— Chris Larsen (@chrislarsensf) September 27, 2018

Ripple for Good

To date, Ripple has donated $80 million toward education and charities aligned with its mission. The blockchain-based company announced it will allocate $25 ...

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Wirex Becoming Crypto-Friendly Substitute for Traditional Banking with IBAN Introduction

Wirex, a leading cryptocurrency, and traditional currency payment platform has added International Bank Account Numbers (IBANs) to Euro accounts for users in Spain and France in a trial before they are rolled out across the rest of Europe. In response to customer demands, the company has also announced it will be doubling deposit amounts, making them some of the highest deposit limits in the industry.

The announced changes follow an FCA eMoney license being granted to Wirex in August and indicate that – in an increasingly competitive space – the company’s remit is expanding as it ...

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Bitcoin Mining Firm Bitmain Just Filed for an IPO

Bitcoin mining firm Bitmain has just submitted its initial public offering (IPO) with the Stock Exchange in Hong Kong (HKEX). Bitmain is based in Beijing, China. So what’s going on with the Bitmain IPO?

Bitmain IPO

Bitmain’s long-awaited IPO is still in its draft form and pending further listing hearings from the HKEX. The announcement of Bitmain’s public offering isn’t without controversy though.

Bitmain has been weighing an $18 billion IPO, one of the largest in history. Bitmain is one of the world’s most valuable cryptocurrency companies. Back in July, the crypto mining firm ...

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Goldman Sachs and Google Ventures Lead Investments into Blockchain Payment Company Veem

The blockchain payment company Veem just announced it has closed a $25 million funding round. The company closed its Series B funding round back in 2017. Veem states that Goldman Sachs and Google Ventures led the new funding round.

Veem

The latest round raised by the blockchain payment company Veem included a slew of new and existing investors. Silicon Valley Bank, Extol Capital, Trend Forward Capital, GV (formerly Google Ventures), Pantera Capital, and Kleiner Perkins contributed to the expansion of the company.

Currently, small business owners have to deal with slow and expensive wire ...

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BCH Price Rally: Bitcoin Cash is Up Nearly 30% and is Still Going! What’s Going On?

Hold onto your hats folks! There is a BCH price rally happening right now! But why!?

The coin has rallied almost 30% at the time of writing; according to coinmarketcap.com, BCH is currently up 28.94%. Are we seeing a repeat of what Ripple (XRP) accomplished last week?

BCH Price Rally: Is Bitmain the Cause?

So without a doubt, BCH is the best performing coin on the market right now. Analysts are attributing the BCH price rally to the successful IPO filing of Bitmain with the Stock Exchange of Hong Kong Limited.

Mati ...

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Austria will Use Ethereum’s Blockchain for Government Bonds

Blockchain technology is becoming a firm favorite for government economies across the globe. Austria is the latest country to speak of its desire to implement the technology. Austria will use Ethereum’s blockchain, but for what?

Well, the European country is looking to raise funds. It will be auctioning $1.3 billion worth of government bonds and will use Ethereum’s blockchain to authenticate the contracts. But will it manage to raise such a large sum? We will know next Tuesday.

Austria will use Ethereum’s Blockchain

Austria‘s primary financial services institution for its export industry and associated ...

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The Myth of Bitcoin Volatility

Bitcoin volatility is one of the most used arguments against the cryptocurrency, but stability in commodity prices is a myth. Thus, assuming that Bitcoin prices are not yet ready for public use because of price volatility is a weak criticism based on a false assumption that price stability is somehow a sign of an accepted, adopted commodity. In reality, market-based prices move, constantly. This means Bitcoin’s price will always be unstable and it is time to accept that and move on to solving actual cryptocurrency problems instead of chasing myths.

The Myth of Commodity Price Stability

...

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Coinbase Altcoins: The World’s Largest Exchange is Preparing to Add More Coins

The world’s largest exchange by trading volume is changing its stance. Coinbase will begin to list more altcoins as it adopts a more ‘open-door’ process to coin applications. In a matter of weeks, we should see more Coinbase altcoins trading on the exchange.

Coinbase Altcoins

To date, Coinbase lists just five cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), and Ethereum Classic (ETC). The exchange has been notoriously strict about supporting any other coins. For coins to make the cut, the exchange runs the decision by a bevy of lawyers and regulatory bodies first, ...

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Google Cryptocurrency Ad Ban Ends for Crypto Exchanges in the US and Japan

Big news has just been announced regarding the Google cryptocurrency ad ban. CNBC reported this morning that Google (NASDAQ:GOOGL) is lifting its ban on some cryptocurrency-related advertising and plans to allow regulated cryptocurrency exchanges to buy Google ad space in the US and Japan.

This new policy will start October 1st, 2018.

Google Cryptocurrency Ad Ban

Google announced its plans to restrict cryptocurrency-related ads back in March of this year, but it did not go into effect until June. The company wanted to protect consumers from fraud. Even now, with the ad ban largely ...

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Ripple Revamped Its Website for RippleNet and XRP Takes Off

The Ripple website has just undergone some shocking changes, and they haven’t gone unnoticed by the cryptocurrency community. Before, Ripple had three payment platforms it was promoting, but now there’s a new Ripple website that’s all about the RippleNet product.

The New Ripple Website

When you log onto the Ripple website, the first thing you’ll see now are the words “Join RippleNet” and a video you can click on to explaining RippleNet below it. Ripple now has RippleNet as its sole payment solution for global banks and financial institutions.

Before, Ripple Labs offered xCurrent, ...

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Cryptocurrency Regulation – the Vital Ingredient in Helping Cryptocurrencies Grow

We’ve all heard the saying that “ignorance is bliss” at some point in our lives, but this term most certainly does not apply to the financial world.

In the financial sphere, ignorance is risk, not bliss.

It’s for this very reason that traditional financial markets are regulated. The US markets are more than happy to see reasonable regulation, as it ensures a suitable level of transparency and fairness.

When it comes to stocks, we see regulation by the Commodity Futures Trading Commission (CFTC), and government-issued currency is overseen by the Department of ...

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Will Bitcoin Become the New Gold for Cryptocurrency Age?

Bitcoin Looks Poised to Dethrone Gold Globally

It may seem absurd to compare Bitcoin and gold, but the truth is that there are several common talking points between them. Bitcoin is the most famous cryptocurrency on the market today with an outlook. In fact, many individuals tend to believe that Bitcoin can become the gold of the Cryptocurrency age. This is possible since Bitcoin has shown some quality features that are reminiscent of gold.

The main difference between Bitcoin and gold as a currency is that Bitcoin lacks a physical form which is not the case ...

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