More than Half of Top 100 Cryptos Have No Utility: Report

Less than 50% of cryptocurrencies provide any real value or any useful function to the users, a research report by Invest in Blockchain claims. Among the top 100 most valuable cryptocurrencies (by market capitalization) covered in the study, only 36 were found to have working products. The Working Product Dilemma Since there is no clear definition of a “working product” in […]

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What Is Ethereum's "Difficulty Bomb"?

Ethereum’s “Difficulty Bomb” refers to the increasing difficulty level of puzzles in the mining algorithm used to reward miners with ether on its blockchain. As the puzzles become more complex (and miners find it more difficult to earn ether), there will be a substantial lag between production of blocks on ethereum’s blockchain. This will slow it down in exponential terms […]

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TokenPay and Litecoin Foundation Acquire 9.9 Percent Stake in German Bank | BTCMANAGER

On July 10, 2018, Swiss cryptocurrency company TokenPay, in partnership with the Litecoin Foundation, acquired a 9.9 percent stake in Germany’s WEGBank AG with an option to purchase 90 percent of the latter’s business following relevant regulatory approvals. Augmenting Cryptocurrency Usage Announced on TokenPay’s blog, the blockchain development company detailed salient points of the noteworthy deal, singling out Litecoin’s “high-level […]

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Yahoo! Japan Confirms Entrance Into the Crypto Space

Yahoo! Japan has confirmed that it is entering the crypto space by acquiring a stake in a Japanese cryptocurrency exchange that is already licensed by the country’s financial regulator. The company plans to launch a crypto exchange in the fall of this year. Yahoo! Enters the Crypto Space Yahoo! Japan Corporation (TYO: 4689) announced on Friday that it is entering […]

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What Is the Byzantium Hard Fork In Ethereum?

Last year, ethereum’s cryptocurrency, ether, skyrocketed. (See also: Ethereum’s Price Increases After Hard Fork Implementation.) Part of the reason for this was the promise of smart contracts on its blockchain. Ether investors are envisioning a future where smart contracts become the standard way to transact for multiple industries. In their enthusiasm for that future, however, the same investors tend to forget that […]

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What Is Dash Cryptocurrency?

The rapidly proliferating cryptocurrency ecosystem has brought its own set of problems of choice for investors and traders. There are coins that claim to be true inheritors of bitcoin founder Satoshi Nakamoto’s vision. There are privacy-focused coins.  And there’s Dash.  Launched in 2014, Dash was originally known as Darkcoin and was designed to ensure user privacy and anonymity. In fact, […]

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