Tech Bureau Announces Release of Catapult Featuring New NEM Protocol

New NEM Protocol: Tech Bureau, a developmental group for blockchain technology software and services, has announced the release of its mijin v.2 blockchain engine, which is also known as Catapult. Catapult Features the New NEM Protocol Catapult will feature an updated version of the NEM protocol and is meant to be available on both public and private networks. ANNOUNCEMENT: Catapult is now on private network! More info: https://t.co/V9zmQZLC3x pic.twitter.com/F7yzlyIVhC — NEM (@NEMofficial) May 14, 2018 Tech Bureau North America CEO, Tom Beno, has said that “this is a key milestone on…

Legislation, Security, and Interoperability: The Main Focus Of NY Consensus Conference Day 1

NY Consensus Conference Day 1: Blockchain Week has begun with great enthusiasm for both technology enthusiasts and businesspeople around the world. Expectations have been met, and even exceeded in some cases. One of the main events of this week that seeks to raise awareness about the blockchain world and the benefits it represents for the community is the NY Consensus Conference. An event organized by Coindesk that has earned a reputation as the most significant festival dedicated to blockchain technologies around the world. According to CNBC figures, the event registered…

IBM and Stellar | IBM Using Stellar’s Public Blockchain for Crypto Tokens

The IBM made waves in the crypto market today. To top it off, the International Business Machines Corp. took Stellar along with it for the ride. IBM and Stellar have teamed up, with IBM issuing a token using a public blockchain.  IBM and Stellar This is IBM’s first time issuing a token using a public blockchain. Which blockchain, you ask? The Stellar blockchain, of course! IBM and Stellar have also been working alongside Veridium, a carbon credits startup, to develop the token. The crypto token’s name is “Verde.” At Consensus…

Litecoin News: Charlie Lee Talks Blockchain Inefficiencies at Consensus 2018

Litecoin News: Litecoin (LTC) creator Charlie Lee sat down with CoinDesk at Consensus 2018 to talk CryptoKitties, blockchain inefficiencies, and money. Litecoin News: The Problem with Blockchain is… “Blockchains are inefficient by definition,” Lee stated. He explained that a decentralized system requires the replication of data, meaning that a whole bunch of computers have to keep track of all the data, rather than just one computer keeping track of it all. It requires a lot of extra work to keep things decentralized and this makes the decentralized systems less efficient…

Ripple News: XRP Down, Xpring News, Community Night at Consensus 2018

Ripple News: Ripple (XRP), the third largest virtual currency by market cap, is in the red zone Tuesday. The coin can’t take it too much to heart, though. Most of the top-ten coins are in the same position.  That doesn’t mean Ripple doesn’t have exciting things going on, though. Especially this week, considering everything that’s going on at NYC Blockchain Week and Consensus 2018. Before we get into Tuesday’s Ripple news, however, we are going to need to look at XRP’s daily chart.  Ripple (XRP) Daily Chart Ripple (XRP) is…

Coinbase Launches Four New Coinbase Products Aimed at Institutional Investors

Four new Coinbase products are being launched by the popular exchange with the hopes that they will attract institutional investors into the cryptocurrency market. The four new Coinbase products are designed to solve the biggest issues that institutional investors cite as keeping them from fully entering cryptocurrency, reports CNBC. The products are Coinbase Custody, Coinbase Markets, The Coinbase Institutional Coverage Group, and Coinbase Prime. Four New Coinbase Products: Coinbase Custody The Coinbase Custody product is looking to solve the issue of security. In the institutional universe, the fiat currency that…

Will The Consensus Summit In NYC Create a Bull-Run?

The three day New York cryptocurrency conference kicked off on Monday. The Consensus Summit NYC see’s leading industry experts such as Twitter’s CEO Jack Dorsey, the Federal Reserve Bank of St. Louis President James Bullard and FedEx CEO Frederick Smith, talk about the emerging market and upcoming breakthroughs in the blockchain and crypto sphere.    The size of the conference has grown three times larger since last years, this alone is a positive signal regarding the utilization and growing potential of cryptocurrency. Almost 8,500 market experts and traders are attending…

Bitcoin Price: Is Wall Street’s Interest Signaling a Potential Upside?

Wall Street and institutional investors could push Bitcoin price higher:  Bitcoin price (BTC) has been making dramatic downside moves over the last couple of weeks. These moves are quite surprising for bulls since numerous fundamental developments are creating underlying support for the entire cryptocurrency market. The downside volatility moved bitcoin price to $8,200 level last week after peaking around $9,900 a few days ago. BTC coin price currently trades around $8,800. The rest of the cryptocurrency market is in the doldrums. Several altcoins posted major losses last week amid the…

LedgerX Launches Bitcoin Savings Account: HODLers Unite

Are you a Bitcoin HODLer? If you are, LedgerX is launching a Bitcoin savings account that might be right up your alley. The LedgerX Bitcoin Savings Account The cryptocurrency asset management platform, LedgerX, is launching the first Bitcoin (BTC) savings account that will be regulated by the Commodities Future Trading Commission (CFTC), reports Forbes. The goal of the Bitcoin savings account is to provide investors with a fiat-based yield on their Bitcoin holdings. This is done through a simplified version of a call overwrite. All an investor needs to do…

Consensus 2018: NYC Blockchain Week Brings in $17 million

Consensus 2018 NYC Blockchain Week – After Bitcoin (BTC) catapulted in price at the latter half of 2017, the world began to take notice of cryptocurrency and its underlying technology the blockchain. At last year’s blockchain week, only 2,700 attendees were reported by CoinDesk. Yesterday, the final attendee count for the first day of the event was over 8,500. Final attendee count for #Consensus2018: ~8,500 — Barry Silbert (@barrysilbert) May 14, 2018 Consensus 2018 is bringing in at least $17 million in ticket sales this year, as tickets were running…