NewsRoom Articles - Page 125 of 191

WednesdayAug 28, 2019 10:14 am

Proof of Work Explained

Proof-of-Work (PoW) is the original consensus algorithm in a Blockchain network. This algorithm is used to confirm transactions and add new blocks to the chain. Miners compete against each other to complete transactions on the network and get rewarded. The responsibility of verifying transactions lies with special nodes called miners, and the process is called mining. The main working principle of PoW is a complicated mathematical puzzle and a possibility to easily prove the solution. Both Bitcoin and Ethereum currently use Proof of Work as their consensus mechanism. But each has its own set of rules and provisions. How does…

TuesdayAug 27, 2019 10:31 am

Binance’s Venus vs Facebook’s Libra

The battle over stablecoin dominance is upon us with Binance and Facebook dominating the crypto news. Over the past two years, tokens that are pegged to and backed by real-world assets, like fiat currency or gold, have made a huge strides in disrupting the economic culture around the world and within the crypto industry. Stablecoins have been tackling issues of market volatility and championing cheaper and more effective payment methods. Social media giant, Facebook announced the launch of its stablecoin, Libra earlier in June 2019. JPMorgan started customer trials in July with their JPM coin, and Binance recently announced plans…

MondayAug 26, 2019 12:50 pm

October 16-17, Moscow: the Blockchain Life 2019 Forum Welcomes 6000+ Attendees and Top Companies at its 4th Edition

Blockchain Life 2019 highlights four significant topics: Blockchain, Cryptocurrencies, StartUps, and Mining. More than 6000 people from 70 countries join the leading forum to discuss the latest trends and all ways of earning money in the crypto market. Find out more information and get tickets at https://blockchain-life.com Among the participants: crypto traders, representatives of major funds and world companies, investors, entrepreneurs, blockchain startups, miners, and developers. As developers in Russia are among the best in the world, a special part of Blockchain Life’s programme is devoted to blockchain and its implementation in business and existing projects’ functioning. Among speakers: Deepali…

MondayAug 26, 2019 11:17 am

Binance Launches Venus Project

On August 19, 2019, Binance announced plans to initiate and launch an open blockchain project called Venus on the heels of other stablecoin projects like Facebook’s Libra, JP Morgan’s JPM token, or even Beijing’s WeChat Pay proposals. While there is huge competition to leverage market share and interest in a crypto token that has enough stability to onboard retail and enterprise establishments into accepting a digital form of currency, Binance is ahead of the curve and fundamentally different from the other projects out there. According to their press release, Binance has “already reserved its public chain technology and cross-border payment…

FridayAug 23, 2019 1:15 pm

Voice of Blockchain Conference Sponsored by Impressive Array of Businesses

This year, the Voice of Blockchain conference will bring 1,000 attendees, 150 speakers and 20 exhibitors together at the gorgeous Venue SIX10 in Chicago. The venue boasts stunning views of Lake Michigan and the city skyline. Spanning across three stages and four floors, Voice of Blockchain is designed to maximize networking and ROI opportunities for event participants. Thanks to the combination of three events in one conference, Voice of Blockchain offers the opportunity for guests to network with individuals from a number of fields, including corporate and enterprise, digital assets and markets, and impact and innovation. Voice of Blockchain’s push…

FridayAug 23, 2019 1:01 pm

Las Vegas to Turn Its Bright Lights on Second Annual World Crypto Conference

The second World Crypto Conference will feature more than 125 experts speaking on expectations and applications for blockchain and related crypto finance technology, October 29-31 The conference is expected to draw thousands of professionals for networking and informational opportunities on two levels of The Cosmopolitan of Las Vegas The conference will also deal with all aspects of blockchain mining and provide startups opportunities to pitch their projects to a panel of expert judges for a chance to gain increased exposure as well as bragging rights The bright lights and glitter of Las Vegas will shine on the second annual World…

FridayAug 23, 2019 11:17 am

What is Softbank?

Softbank Group Corp. is a Japanese multinational conglomerate holding corporation based in Japan. It has been around for quite sometime now. Different branches of Softbank include Softbank Corp., the more recent Softbank Vision fund, ARM, and an investment management firm. Softbank also owns Boston Dynamics, and significant stakes in Sprint, Alibaba, Yahoo! Japan It recently branched out to investing in more innovative companies such as Uber, OYO rooms, Didi Chuxing, Ola, in addition to other compelling and controversial companies such as WeWork. Its leaders have high ambitions and have been on an investment spree across the world, raising funds from…

ThursdayAug 22, 2019 12:07 pm

The Wild West Crypto Show Promotes the Texas Brand of Patriotism, Freedom in Crypto Markets

Cryptocurrency’s soft revolutionary appeal in establishing a free-enterprise form of currency as a competitive alternative to established government-regulated banking systems makes it a natural target for comparisons with the Tea Party’s limited government politics in episode 73 of the Wild West Crypto Show, titled ‘Freedom & Cryptos’. Hosts Drew Taylor and Brent Bates present their own salt-of-the-earth Texas humor and commonsense criticism in each episode of their multi-platform broadcast, and, on this show, they use their perspectives to address China trade tariff impacts on the crypto space and a history-making crypto trading platform in New York City. Additionally, their interview…

ThursdayAug 22, 2019 10:57 am

Should I Invest in Bitcoin or Altcoins?

The crypto industry has over 2,308 altcoins and tokens, and almost every month hundreds of new tokens are added to the market. With every new token, there’s a promise of innovation, changing the industry and the crypto ecosystem. With so many options, it gets overwhelming to pick a token to buy. However, it doesn’t have to be challenging, and you can pick tokens that suit your financial goals and risk appetite. There is no right or wrong token, but there’s always the best-suited tokens for different portfolios. So let’s dive into this and go over facts and investment opportunities in…

WednesdayAug 21, 2019 1:32 pm

Save $300 on ‘Consensus: Invest’ with CryptoCurrencyWire Promo Code

CoinDesk’s ‘Consensus: Invest’ conference will provide a forum for institutional investors and service providers to establish the foundation for the future of crypto The convention will take place November 12 in New York City, featuring insights on where cryptocurrency is headed in the near future ‘Consensus: Invest’ will build on last year’s slate of keynote speakers that included prominent entrepreneurs and the chairs of the NYSE and SEC The hot August days of summer are the perfect time for potential crypto community investors to think about the chilly November nights that will soon usher in this year’s third annual ‘Consensus:…