Blockchain 

Initial Exchange Offering (IEO) | The Pros & Cons Everyone Should Know

If you’ve ever been interested in fundraising your startup, you’ve probably heard of an Initial Exchange Offering, or IEO. IEOs are becoming more popular than ICOs and are considered the next stage in the evolution. However, the concept hasn’t crawled out of its crib yet, and many people are confused about its reliability and benefits. Today, we’ve decided to have a closer look into this matter and present you with a thorough list of pros and cons for Initial Exchange Offerings. What is an IEO? An Initial Exchange Offering, similarly…

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Blockchain 

Litecoin (LTC) is the Top Altcoin Performer in 2019

Cryptocurrencies have bounced back after imploding in early 2019. While all the major digital currencies have bottomed out from one-year lows, Litecoin (LTC) has emerged as a top performer as it continues to elicit strong interest. Cryptocurrency Renascence A 360% plus rally from one-year lows underscores the love that Litecoin continues to receive in the market. Elsewhere on the market, Bitcoin (BTC), the largest cryptocurrency, has rallied by 135%, while Ethereum (ETH), the second biggest crypto, is up by close to 100%. With a market cap of more than $8…

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Blockchain 

Bitcoin (BTC) Moves Up Again, Hits New High Above $9,300

Over the past few months, Bitcoin (BTC) has been surging and it has hit a new year-to-date high surpassing the $9,000 level for the second time in 2019, a feat that has left investors looking at the $10,000 mark. Bitcoin Rallying Bitcoin is 151% up year-to-date and the rallying of the most popular cryptocurrency has been associated with the inauguration of the CME Bitcoin futures market. In the last session, the coin was up by 7.50%, hitting price highs per of $9,387 on Bitstamp Exchange before experiencing a slight fall.…

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Blockchain 

OPACITY LAUNCHES CRYPTO FILE STORAGE

HomePress ReleaseOPACITY LAUNCHES CRYPTO FILE STORAGE Opacity focuses on privacy, security, and a familiar user experience. SAN FRANCISCO, CA, June 5, 2019 — Opacity Storage, a cryptographic file storage company, today announced the release of Opacity v1.0. The new product provides anonymous online file storage utilizing a crypto token payment system and a user friendly interface. No personal data such as email, name, or payment information is ever required or stored. The new Opacity 128GB storage plan accepts payment in OPQ tokens for 1 year of storage service with unlimited…

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Blockchain 

Bakkt Announces Bitcoin Futures Launch Date in July

As Bitcoin (BTC) holds resistance above $8,100 USD, more positive news has arrived to help its case. Intercontinental Exchange’s (ICE) cryptocurrency platform, Bakkt, is to begin testing its first product: physically-delivered Bitcoin futures. The date for launch is just over one month from now, July 22nd. Bakkt Announces First Project Launch In a blog posted earlier today, Bakkt chief operating officer Adam White wrote: “On July 22, two days after Apollo 11’s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and…

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Blockchain 

Ethereum (ETH) Soars 8%, Outperforms the Broader Cryptro Market

Ethereum (ETH) and the crypto market have today seen a sudden surge in buying pressure, allowing them to continue with the upward momentum that has been exhibited in the last few months. Analysts believe that Ethereum will continue with the upward trend in the near term and could outperform Bitcoin in the long term because of the increasing adoption of Ethereum by companies such as Ubisoft. Ethereum Up 8% in the Last 24 Hours Currently, ETH is trading around 8% up its present price of $259.50, gaining significantly in the…

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Blockchain 

Legal & General Partners with Amazon to Develop Blockchain System

It was always going to happen. As the blockchain sector evolves, more companies will start merging into it. And this week, that’s precisely what British insurer Legal & General did. Yesterday, Legal & General, a multinational British insurer, announced that it’ll be working with Amazon to develop a blockchain system. Here’s everything we know. Legal & General and Amazon: A Blockchain Partnership On June 11, Reuters said the multinational British insurer is now working with Amazon to create a blockchain system specifically for corporate pension deals. By using Amazon Web…

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Blockchain 

Ubisoft Developing Blockchain-Based Marketplace to Buy In-Game Items

According to French financial publication Les Échos, software giant Ubisoft is exploring potential blockchain applications in gaming. The move to blockchain is said to give the gaming firm a competitive edge in the gaming world. Ubisoft Blockchain Applications in Gaming Ubisoft has allegedly been exploring blockchain applications for months under the radar. And now it has already established one particular use for the technology that would serve as a lucrative edge. As Les Échos describes, Ubisoft plans to place intra-game virtual objects onto the blockchain and then monetize them. These virtual…

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Blockchain 

Coinbase Debit Card to be Available in Six More European Countries

In April, cryptocurrency exchange Coinbase launched its Visa Coinbase debit card in the UK. Coinbase has announced that, as of Wednesday, it will be launching the Visa debit card in France, Spain, Germany, the Netherlands, Italy, and Ireland. Coinbase Debit Card Showing Strong Adoption The debit card allows Coinbase account holders to use digital currencies such as Ethereum, Bitcoin, and Litecoin to pay for purchases in retail outlets and online for traders that accept Visa. Zeeshan Feroz, the Coinbase UK CEO, stated that the aim of the card is to…

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Blockchain 

Visa B2B Connect | Cross Border Enterprise Payments on the Blockchain

Visa announced today that it is entering the $125 trillion money-transferring market and using blockchain technology to do so. Its new product, Visa B2B Connect, is newly launched and allows businesses to transfer money across the globe faster and safer. Let’s check this out. Visa B2B Connect The company has its sights set on cross-border, business-to-business (B2B) transactions, where banks transfer money on behalf of corporate customers. The global money behemoth is using blockchain in order to make these payments faster, cheaper, and more transparent. Its newly launched distributed-ledger called B2B…

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