Category Archives: Technical

Joseph Lubin on Ethereum 2.0: ETH to Become 1,000 Times More Scalable Within 24 Months

Ethereum (ETH) co-founder Joseph Lubin said that the Ethereum blockchain will become about 1,000 times more scalable in 18 to 24 months. Lubin made his remarks during an interview with Cointelegraph on May 11. Lubin specified that the development which will bring such a drastic scalability increase to the ecosystem will be Ethereum 2.0, also called Serenity. He explained that the … Continue reading Joseph Lubin on Ethereum 2.0: ETH to Become 1,000 Times More Scalable Within 24 Months

Ethereum’s Reddit Moderators Resign Amid Controversy

Taylor Monahan, the CEO of crypto wallet startup MyCrypto, has been moderator for the ethereum subreddit channel since 2016. That year, the ethereum Reddit channel was just breaking over the 10,000 subscribers mark, according to SubRedditStats. Today, the same channel boasts over 400,000 subscribers and is ranked within the top 600 most popular channels on Reddit. … Continue reading Ethereum’s Reddit Moderators Resign Amid Controversy

Hacked Crypto Exchange Binance to Resume Deposits and Withdrawals on Tuesday

Binance CEO Changpeng Zhao has announced that the crypto exchange plans to resume deposits and withdrawal services on Tuesday. He wrote in a brief update: Our team is making progress and has been working through the weekend. In the past few days, we have made some significant overhauls to our system, with a large number of … Continue reading Hacked Crypto Exchange Binance to Resume Deposits and Withdrawals on Tuesday

US Senators Seek Information on Facebook’s ‘Libra’ Crypto Project

The U.S. Senate Banking Committee is clearly concerned about Facebook’s new cryptocurrency project and how it is treating individuals’ financial information. The banking committee wrote an open letter to Facebook founder and CEO Mark Zuckerberg Thursday, asking him to share details about its secret cryptocurrency project, with a particular focus on consumer privacy. “Last year, Facebook asked U.S. … Continue reading US Senators Seek Information on Facebook’s ‘Libra’ Crypto Project

Binance, Bitfinex and Tether: What’s the Worst That Can Happen?

Daniel Cawrey is chief executive officer of Pactum Capital, a quantitative cryptocurrency investment firm and hedge fund. The views expressed are those of the authors and are not investment advice. All investors, institutional or otherwise, have a duty to try to see the world as it truly is. Not as they wish it to be. This … Continue reading Binance, Bitfinex and Tether: What’s the Worst That Can Happen?

A New Crypto ETF Has Just Been Filed With the U.S. SEC

A prospectus for a new cryptocurrency-based exchange-traded fund (ETF) has just been filed with the U.S. Securities and Exchange Commission (SEC). The application, posted by the SEC on May 9, was created by Crescent Crypto Index Services LLC, a subsidiary of Crescent Crypto Asset Management LLC, to track the performance of a market capitalization-weighted portfolio of bitcoin (BTC) … Continue reading A New Crypto ETF Has Just Been Filed With the U.S. SEC

Crypto Analyst: Bitcoin MACD Histogram More Extended Than During Previous Bull Cycle

The last crypto bull run brought Bitcoin into the lime light and public eye, and took the price of the digital asset skyrocketing to its all-time high price of $20,000. Yet somehow, the current Bitcoin rally has caused the MACD histogram to become extended more so than any time during the previous bear and bull cycle, even during Bitcoin’s … Continue reading Crypto Analyst: Bitcoin MACD Histogram More Extended Than During Previous Bull Cycle

Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients

Nordic private banking institution Nordea is expanding its offering of the blockchain-based trading platform we.trade to its small and middle-sized business customers (SMEs),  according to a press release on May 9. The platform will purportedly help address trust deficits extant in current cross-border trades made by SMEs. Patrik Zekkar, Global Head of Trade Finance and Working Capital … Continue reading Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients

JPMorgan Quietly Reboots the Blockchain Behind Its JPM Coin Cryptocurrency

The Takeaway JPMorgan’s technology teams spread across three continents have been busy updating the bank’s Quorum blockchain platform over the past six months, replacing key parts of its privacy-enhancing components. Like JPMorgan’s recently announced partnership with Microsoft Azure, the updates were meant to make Quorum usable by a larger universe of firms. According to JPMorgan … Continue reading JPMorgan Quietly Reboots the Blockchain Behind Its JPM Coin Cryptocurrency

Bullish: Crypto Community In Shock Over Recent Bitcoin Price Resilience

Since the start of April, Bitcoin has been on a massively bullish rally, leaving bearish traders and the altcoin market in its dust. The rally began with a break of resistance at $4,200 that caused the price of the leading crypto by market cap spike $1,000 over an hour. According to research, the entire move was orchestrated … Continue reading Bullish: Crypto Community In Shock Over Recent Bitcoin Price Resilience