Cryptocurrency News

Hyperledger Releases Sawtooth 1.0

Hyperledger is a collaborative cross-industry effort to advance blockchain technology that is hosted by The Linux Foundation. Today, January 30, 2018, sees the release of Sawtooth 1.0, the second active Hyperledger project to reach 1.0, following Hyperledger Fabric 1.0 in July 2017.Sawtooth is a modular platform for building, deploying and running distributed ledgers using a new consensus algorithm, Proof of Elapsed Time PoET, which targets large distributed validator populations with minimal Read more...

31.01.2018
Energy Company Hydro-Quebec Looks to Attract Bitcoin Miners

Hydro-Quebc HQ is a public utility that manages the generation, transmission and distribution of electricity in Quebec, Canada, but it finds itself in a position of generating more power than its customers need.In an article from Le Journal de Qubec, ric Martel, president and CEO of HQ, relates how HQ is facing a death spiral for electricity consumption. Power consumption by customers in the province has been stagnating since 2007, as customers are adding more and more solar panels. At the sa Read more...

27.01.2018
Bitcoin Price Analysis Bearish Continuation Likely as BTC Tests Strong Support

Lower highs and lower lows have been the story of bitcoin for the last few weeks market behavior that has left even the most bullish investors scratching their heads. Since bitcoins dramatic rise to $20,000, there has been a series of harsh drops temporarily stifled by feeble rallies. At the time of this article, BTC-USD has managed to break through three major levels of support of both the upper and lower parabolic trends, and a long-term linear trendFigure 1 BTC-USD, 1-Day Candles, Macro V Read more...

26.01.2018
Op-Ed The Weiss Cryptocurrency Ratings Are Laughably Bad

In the current cryptocurrency hysteria, everyone is a level 70 blockchain wizard launching a new hedge fund.Weiss Ratings released their cryptocurrency ratings yesterday. In response, they received a lot of criticism on social media. And rightly so.Ill get to the specific issues with the Weiss Cryptocurrency Ratings, but first I need to point out that the low quality of these ratings is merely an illustration of the current hysteria around cryptoassets more generally.Weiss Ratings has a long Read more...

26.01.2018
Pilot Project Verifies Academic Credentials on the Bitcoin Blockchain

The UCL Centre for Blockchain Technologies at University College London UCL CBT is launching a new pilot project for blockchain-based verification of academic credentials. MSc Financial Risk Management graduates are now able to display a verified qualification on their CV through a QR codebased on the Bitcoin blockchain, which instantly provides tamper-proof, verifiable information.The pilot will show that blockchain technology can be used outside of the financial sector, said Professor Tomas Read more...

26.01.2018
Indian Government Turns Fiat Currency War on to Cryptocurrencies

The cryptocurrency marketplace in India is facing a siege from multiple parts of the government as several incidents amount to a buildup of the Narendra Modiled governments actions on regulating cryptocurrencies. If the reports out of India are true, the IMFs fastest growing country among emerging economies may have to meet its 7.4 percent GDP growth target in 2018 without the boost that the digital currency industry has provided in the past.The Prequel PM Modi Demonetized Rs 500 and Rs 1000 Read more...

26.01.2018