Only 8% of blockchain products remain active

November 13, 2017

GitHub the famous code repository shows there were about 26000 blockchain related projects that was created on its platform but only a small amount of them remained active. This data was compiled by Deloitte in its detailed new report called “Evolution of block-chain technology. They got their insights from the GitHub platform. In total there were 26,885 blockchain-related projects developed last year. Despite the technology being nurtured only about 8%…

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Is Bitcoin becoming harder to spend?

November 6, 2017

Bitcoin is setting new records for its all-time high rates, but the digital currency is getting harder to spend according to a Canadian reporter Don Pittis. History was made when in 2010, Laszlo Hanyez made history as he become the first man to purchase two Dominos Pizza for 10,000 bitcoins. At that time the value of coins were worth very little so transactions seemed easier. Now, though one bitcoin is…

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HCash: Startup raises AUD $53 Million in a record ICO

November 6, 2017

HCash a blockchain development start-up just closed its initial coin offering, raising nearly AUD $53 Million in the process which is one of the largest ICO to date in Australia. Melbourne-based HCash revealed details of its first round of funding from June 28 to July 15. The start-up managed to raise 21,000 Bitcoins during its first round. Using the bitcoins value on the date of closing, the total fund amounted…

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Bitcoin is a better investment than Gold – Apple’s Co-Founder

November 3, 2017

Apple’s co-founder Steve Wozniak believes that bitcoin is a better investment than the old hot “Gold” and the famous US dollar. The Bitcoin Magazine reported, Wozniak made this claim at the Money 20/20 conference in Las Vegas. He explain that although Bitcoin is known for its price volatility it is still better than government backed currencies as it has fixed supply while fiat currencies can be easily diluted by increasing…

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MinexCoin: A coin with low volatility

October 30, 2017

Crypto-currencies have always been under the speculation of high volatility. MinexCoin is an ambition project initiated by MinexSystem which attempts to solve the problem of volatility. It will start trading on November 1st. It offers an innovative solution that uses both the blockchain technology and the traditional finance system to deal with the problem of high volatility. Experienced trades bank with high profits speculating large rises and falls in coins,…

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Metronome: New digital currency to overcome shortcomings of Bitcoin

October 24, 2017

A controversial figure, Jeff Garzik has debated on bitcoin scaling. He revealed that he has created a new currency which aimed to overcome the shortcomings of bitcoin. Jeff was one of the core developers of the technology behind bitcoin. Jeff has been publicising his new currency Metronome. It will be the first crypto-currency coin which will allow users to switch block-chains on same token. Coins will be capable of moving…

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Etheruem Gold (ETHG): ICO

Etheruem Gold ICO
October 22, 2017

We can see a growing acceptance of decentralised applications by developers and users. Secondly, the transfer or money instantaneously is a very attractive option for the receiver and the sender. These two attractive features are combined to make block-chain products also known as crypto-currencies. Catching up on the trend and the pace Etheruem Gold has been launched to satisfy the growing aspirations of millions of people, equipping them with the…

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MasterCard leaps onto block-chain payment tools

Mastercard
October 22, 2017

Mastercard, the credit card giant is pushing ahead with a set of blockchain payment tools first unveiled last year, opening to merchants and banks for wider use. The company released a press release in which it announced that it would be working on a business to business transaction system with the block-chain technology, as an attempt to address challenges of speed, transparency and costs in cross-border payments. Mastercard unveiled the…

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emCash: The world’s first state sponsored Crypto-currency

emCash
October 21, 2017

Over the last half century, Dubai has managed to evolve from a small desert city to a metropolis of more than 3 million people. This country has managed to catch in the tech fever. The government announced that it will be rolling out automated flying taxis in the next 3 years. A real life robo-cop prototype was also revealed, bringing all our sci-fi dreams into reality. To truly create a…

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Bitcoin surges to a new all time high of $6000

Bitcoin All Time High
October 21, 2017

Earlier today, the bitcoin hit an all-time high of $6000 for the third time in the past month. The last stable price of Bitcoin was $5,600. This jump has been predicted by financial analysts including Holger Zschapitz, the senior editor at Welt as the idea of Bitcoin exchange traded funds in regulated markets was floated. The US Bitcoin market is highly anticipating this new development in the trading of the…

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