How to Choose a Blockchain Platform for Your Business

The growing popularity of crypto investments has aroused a keen interest in blockchain technologies and their possibilities. Today, blockchain is used as a generic term, and most people associate it with Bitcoin, the cryptocurrency created using the distributed ledger technology for the first time. However, the potential and scope of the application of decentralized ledgers have already become so much broader. Blockchains can be used independently from a cryptocurrency and can easily be modified. Anyone who knows the basics of programming is capable of creating his/her own blockchain. When Does…

Crypto in Japan: Yen-backed Crypto in the Works by Chinese Blockchain Company

Japan just received some crypto-positive news, as a Chinese blockchain company just unveiled it’s working on a yen-backed cryptocurrency. Crypto in Japan has always been widely accepted, but it is quite the opposite in China—the country went as far as to create its own cryptocurrency firewall. The South China Morning Post reported this morning that Grandshores Technology Group is planning on raising $100 million HK in an initial coin offering to finance a yen-backed digital token. Crypto in Japan “Blockchain will become the mainstream technology in the next three to five…

EOS Hacks: EOS Gambling Platforms Taken Advantage Of! $250,000 Stolen

Two EOS gambling platforms have been hacked in the last week. An amount totaling $250,000 USD. In the same week, another platform, EOSBet, paid out $600,000 to one user in a claimed ‘jack-pot,’ though some aren’t so sure. What’s going on? What’s with the EOS hacks? EOS Hacks The EOS smart contracts appear to be rather fallible. The first of the EOS hacks happened on DEOSGames. A user named Runningsnail kept winning $1,000 payments over and over again. Over a dozen times actually. Runningsnail would deposit 10 EOS and then win the jackpot 30…

Ripple (XRP) Up Nearly 20% After xRapid News

Ripple (XRP) received a serious boost this morning after news broke that Ripple Labs’ xRapid project could debut in the next month, or so. Ripple (XRP) and xRapid Sagar Sarbhai, head of regulatory affairs at Ripple, spoke to CNBC yesterday and confirmed positive movement on its xRapid platform. “I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production,” Sarbhai told CNBC. Ripple is currently working with a few financial institutions to test its…