experts

Institutional investors — the future of crypto is in their hands. Or is it not?

Source Node: https://coinrabbit.io/blog/institutional-investors-the-future-of-crypto-is-in-their-hands-or-is-it-not/
Time Stamp: December 30, 2020 6:02 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Institutional investors are believed to drive the cryptocurrency market’s adoption and growth. Their involvement promises to make crypto widely recognized and accepted as a truly global currency. Bitcoin is supposed to gradually become an alternative to gold and skyrocket to unprecedented crypto prices.  But is this really how institutional investors work? In which direction are they actually driving the crypto market — and, after all, who are they? In this article, we will bring you the latest examples of huge whales’ interest in crypto, discover the reasons for that, and

The Effect of Coronavirus on the Cryptocurrency Market

Source Node: https://coinrabbit.io/blog/the-effect-of-coronavirus-on-the-cryptocurrency-market/
Time Stamp: December 30, 2020 5:58 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The year 2020, has been greatly eventful. From threats of a world war, to increased terrorist attacks. A biography on the life of the year 2020, would not only be a bestseller but also an excellent read. However the most significant single event of this year is and has been the coronavirus (COVID-19) pandemic, at its global takeover. From a regular virus, one that was once considered to be not worse than a cold flu, to transition into a global pandemic outbreak. The COVID-19 pandemic has affected every aspect of

Waves Powers Russia’s First Reported Crypto-Backed Bank Loan

Source Node: https://cointelegraph.com/news/waves-powers-russias-first-reported-crypto-backed-bank-loan
Time Stamp: August 19, 2020 4:31 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Expobank, a commercial bank in Russia, has reportedly issued the country’s first-ever loan backed by cryptocurrency.According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens.Waves CEO and founder Alexander Ivanov confirmed the news in a tweet, noting that the loan used Waves tokens as collateral.According to the report, the new loan was issued to local entrepreneur Mikhail Uspensky earlier this week. The businessman reportedly said that he is committed to keep using Waves tokens

Two Attacks on ETC Network Leave Community Needing a Solution, Fast

Source Node: https://cointelegraph.com/news/two-attacks-on-etc-network-leave-community-needing-a-solution-fast
Time Stamp: August 16, 2020 9:15 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Ethereum Classic, a 2016 hard fork from Ethereum’s main blockchain, has suffered multiple concerning network attacks over the last two years. Two such attacks occurred within a seven-day span, totaling millions of dollars in losses. With the dust settling from the two 51% attacks, further details are now coming forward, as provided by a number of industry experts.“There is no debate about the attacks,” ETC Labs CEO Terry Culver told Cointelegraph on Aug. 7, answering a question on whether or not the network difficulties were in fact 51% attacks. “Community

Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/bull-runs-mining-and-tor-attacks-bad-crypto-news-of-the-week
Time Stamp: August 15, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Last week, the Bitcoin news was all about lift-off. This week, it’s all about the leveling off. Bitcoin ends the week around $11,400, a fall of about 2.7 percent over the last seven days. That drop included a correction of $700 in one day so the question now is whether the bullish moment has gone or will Bitcoin push on to $15,000? Its first mission will be to break the resistance at $12,000. Bitcoin failed to do that twice in ten days but consolidated after each failure, which some experts believe

What is Ferrum Network? A Guide to High-speed DeFi

Source Node: https://www.asiacryptotoday.com/ferrum-network-frm/
Time Stamp: August 14, 2020 2:53 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Decentralized finance has risen to become one of the foremost active sectors in the crypto space. With the establishment of decentralized ecosystems with global network effects and interoperability, they have successfully penetrated the fintech industry. One very interesting  DeFi project is Ferrum Network. Ferrum’s revolutionary technology brings networks together, for a consistently high-speed and low-cost transaction experience for each digital asset. It aims to overcome current problems in cryptocurrency usage in real-world finance applications. Table of Contents Background Founder Naiem Yeganeh, along with Co-Founder and COO Ian Friend, laid the

Four of the Top Five South Korean Banks to Offer Crypto Services

Source Node: https://cointelegraph.com/news/four-of-the-top-five-south-korean-banks-to-offer-crypto-services
Time Stamp: August 14, 2020 1:08 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

South Korea’s Woori and Shinhan banks have just announced their intention to introduce “crypto-asset services”. That means that four of the country’s top five banks, holding a combined value of more than $1.2 trillion in assets, are now poised to introduce crypto services.Each of the banks aims to hold and manage cryptocurrencies for clients. Both Shinhan and Woori announced their plans in direct response to the amended Special Financial Transactions Information Act which will change legislation around crypto assets, coming into force next year.Shinhan bank previously announced plans for crypto

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

Source Node: https://cointelegraph.com/magazine/2020/08/12/blockchain-africa-women-bitcoin
Time Stamp: August 12, 2020 9:09 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

It’s no secret that women are underrepresented in the technology and financial industries. In the U.S, women only hold a quarter of computing-related jobs. Some sectors, like software engineering, fare even worse, with female representation as low as 15%. And now along comes blockchain, a technology that promises a global revolution through decentralization. Blockchain has already begun to transform many industries, from finance and supply chain management to healthcare and governance.  However, it has yet to significantly change the demographics of the tech industry. According to a study conducted by

CoinShares: ‘Bitcoin Is Like a Risky Tech Stock’’

Source Node: https://cointelegraph.com/news/coinshares-bitcoin-is-like-a-risky-tech-stock
Time Stamp: August 12, 2020 12:17 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin acts more like a tech startup stock than digital gold — with investors reaping big rewards if it works but potentially losing everything if the crypto asset fails.That’s the conclusion of an Aug. 10 report from digital asset manager CoinShares titled A Little Bitcoin Goes a Long Way. In it authors James Butterfill and Christopher Bendiksen argue that the fact Bitcoin (BTC) “starting its life at a price of zero” gave it a stellar reputation.“If it reaches its potential, the value could be immense,” the report stated.“At the same

Q&A: How Blockchain Could Transform the Art Industry

Source Node: https://cointelegraph.com/news/qa-how-blockchain-could-transform-the-art-industry
Time Stamp: August 10, 2020 6:11 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The art world has had a tough time lately. The coronavirus pandemic has forced many galleries and museums to close, with sales of premium pieces also affected.But there could be a solution that helps the industry get back on its feet and achieve much-needed digitization: blockchain. Here, we talk to Niko Kipouros, founder and CEO of 4ARTechnologies, about how this technology could transform the way we purchase and own artwork — and even ensure that the provenance and authenticity of masterpieces are never doubted.1. What are the biggest challenges facing