Turning The Financial Industry On Its Head – The Blockchain Technology

The financial industry has witnessed many disruptions and welcomed new technologies that have radically changed traditional processes. In today’s world of cryptocurrency and digital transactions, a new type of technology is steadily taking over – the blockchain technology. Blockchain has caused many disruptions, but what are the top blockchain disruptions? Blockchain technology is causing financial institutions to take note and consider alternative methods to the traditional processes they have come to rely on, such as online transactions. Blockchain technology facilitates online transactions. These transactions are encrypted and processed over a…

Ethereum (ETH) Fake Twitter Giveaways Take Over – Get it Together Jack Dorsey

Ethereum (ETH) – We’ve all seen it, the pinned posts from most cryptocurrency leaders on Twitter stating that they “are not giving away or accepting digital assets.” Mostly, it revolves around the world’s second largest cryptocurrency Ethereum [ETH], but it has made its way to other digital tokens as well. As a public announcement, I will never ask you to send me ether, ada or any other asset. These are scams and if you fall for them, then you will lose your money. Please use commonsense and critical thinking! — Charles…

Ontology CarBlock Partnership: ONT Entering the Automotive Industry

An Ontology CarBlock partnership is forming, as Ontology decides to dip its toe into the automotive industry and join forces with the transportation blockchain CarBlock. Ontology CarBlock Partnership CarBlock is, according to its website, the first blockchain-based transportation solution that will eventually lead to easier handling of auto insurance, maintenance, dealerships, and automotive reports. According to the Ontology press release that was linked from its Twitter, the agreement between Ontology and CarBlock will allow both companies to “collaborate in core technology, integrate business resources, and cooperate in community operations.” As…

EOS Hackathon Results: The First Competition Ends with a Bang

The first EOS Hackathon results are in! The Hong Kong Hackathon is over, and the prizes have been awarded. Who took home the top prize? The EOS Hackathon will be ongoing throughout this year, culminating in the grand finale on December 8th, 2018. The Hackathon consists of four events leading up to the fifth and final grand finale event. At each event, teams are competing to come up with the best EOS dApp. Those with the best dApps are invited to compete on December 8th in a final pitch competition.…

Coinbase Adding Ethereum Classic (ETC): Support Coming Soon!

Coinbase adding Ethereum Classic (ETC): Announced earlier, it’s official – the cryptocurrency exchange Coinbase is adding support for a new token, Ethereum Classic! Coinbase has long been the exchange that has only supported a few tokens, those being Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). When Coinbase announced it was adding support for ERC20, the hope was that this meant the exchange would soon be adding other tokens to its list – and that hope is now realized. “We are pleased to announce our intention to add…

Tron Makes Big Moves Behind the Curtain – TRX Token Swap Countdown

Tron [TRX] – Yesterday. Variety reported that Tron’s founder has purchased the software company BitTorrent Inc. Surprisingly, it has yet to be announced by any of the parties involved. We will announce our partnership with a very prestigious public listed company next week. Looking forward to it! — Justin Sun (@justinsuntron) January 4, 2018 Can’t forget this one. We have a major partnership announcement this week. And it is also the first time we partner with an public listed company. #TRON #TRX $TRX — Justin Sun (@justinsuntron) January … Read…

3 Ways to Avoid Fraudulent ICOs

The advent of blockchain technology has brought with it some novel advancements, with one of them being the emergence of initial coin offerings (ICOs). This innovative mechanism for capital-financing has powerful consequences, for one, ICOs are challenging the commonly held view that investing in promising early stage start-ups is a right reserved exclusively for VC funds or high-net-worth individuals. Despite the immense promise that this novel fundraising tool possesses, its immaturity has resulted in fraudulent acts that are a stain on the overarching goals of the cryptocurrency community. Thus, avoiding…