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

News

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 […]

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

News

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 […]

Changes Afoot for Philippine Crypto-Friendly Economic Zone

News

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 […]

NEO Makes Progress Towards NEO3 Launch

News

During the inaugural NEO Community Assembly (NCA), NEO introduced three new products. Fresh off the week-long NCA, NEO launched NEO3 Preview1, a pilot on their testnet that demonstrates considerable upgrades that could soon be incorporated on NEO’s mainnet protocol. These additions have pushed NEO closer to its anticipated NEO3 mainnet launch. Inaugural NEO Community Assembly […]

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

News

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 […]

Facebook Was Wooing Regulators Before Controversial Libra Reveal

News

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 […]

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

News

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 […]

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

News

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 […]

Bitcoin Hash Rate Hits 102 Quintillion in Historic Network Milestone

News

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 […]