Ethereum Tests 25% Capacity Increase as Network Fees Hit Bitcoin Level

A network upgrade proposition appeared to boost Ether markets earlier this week as developers respond to demands. Ethereum network participants are attempting to raise the network’s block size as a direct response to network congestion.Gas limit on course to become 10 million per blockAs various parties including co-founder Vitalik Buterin confirmed this week, testing is […]

Continue Reading

Roku Shares in Free Fall as FedEx Stock Steadies After Wednesday Rout

The shares of streaming devices manufacturer and online media content aggregator Roku continue to tumble in the pre-market hours after they slid by over 13% on Wednesday. On the other hand, Fedex which was another big loser on Wednesday after falling by 12.92% seemed to have contained the bleeding in Thursday’s pre-market hours. Comcast Lands […]

Continue Reading

Changes Afoot for Philippine Crypto-Friendly Economic Zone

The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued new directives to all of its licensees, including 40 crypto […]

Continue Reading

Libra Seen as Threat to National Currency Sovereignty, Pleads With G-7

Public authorities across the globe continue to press Libra, central banks argue that the stablecoin will threaten sovereignty. Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset. On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank for […]

Continue Reading

Facebook Was Wooing Regulators Before Controversial Libra Reveal

Facebook sat down with the United Kingdom’s finance ministry, the central bank, and other regulatory officials in what was presumably a pre-emptive move to win favor before announcing its own self-titled cryptocurrency, Libra. This new revelation comes from Reuters, which received the details from freedom of information requests and claims that the responses illustrate an […]

Continue Reading

Korea: Opposition Party Boasts Pro-Crypto Policy in Contrast to Gov't

South Korea’s main opposition party, the Liberty Korea Party, is poised to unveil its pro-innovation policy for cryptocurrencies and crypto exchanges. South Korea’s main opposition party, the Liberty Korea Party (LKP), is poised to unveil its policy for cryptocurrencies and crypto exchanges.As Cointelegraph Korea reported on Sept. 19, the LKP’s stance appears to be more […]

Continue Reading

Dow Futures Sink and Furious Donald Trump Rages at 'Gutless' Fed

Dow Jones Industrial Average (DJIA) futures plunged lower in early trading Thursday. It comes after the Federal Reserve cut the target base rate by 25 points, as expected. But the stock market, not to mention Donald Trump, didn’t get what they wanted: a commitment to deeper, long-term cuts. As usual, Trump didn’t hide his disgust at […]

Continue Reading

Bitcoin Hash Rate Hits 102 Quintillion in Historic Network Milestone

Bitcoin’s technical prowess better than ever as confidence in the network keeps growing despite a BTC price slump. Bitcoin’s (BTC) network hash rate has passed a record 102 quintillion hashes for the first time in history in a historic milestone for the cryptocurrency.Bitcoin adds another zero to hash rateAs data from monitoring resource Blockchain confirmed […]

Continue Reading

Will GTA 6 Be Exclusive to the Rockstar Launcher?

Rockstar Games now has its own game launcher, joining companies like Epic Games and EA as they have storefronts too. Rockstar has been selling its hugely popular game, Grand Theft Auto 5, on storefronts such as Steam, but could GTA 6 be exclusive to the Rockstar Launcher? After the announcement of the Rockstar Launcher, GamesIndustry.biz […]

Continue Reading

Arab Bank Switzerland Opens Bitcoin Custody, Brokerage Services

Arab Bank Switzerland has partnered with blockchain technology firm Taurus to offer Bitcoin and Ether custody and brokerage services to its clients. Arab Bank Switzerland has partnered with blockchain technology firm Taurus to offer Bitcoin  (BTC) and Ether (ETH) custody and brokerage services to its clients.Swissinfo reported the development on Sept. 19. Serge Robin, the CEO […]

Continue Reading