NewsRoom Articles - Page 56 of 174

WednesdayAug 03, 2022 2:15 pm

How the Recent Interest Rate Hike May Affect Cryptocurrencies

After weeks of intense speculation, the U.S. Federal Reserve has increased benchmark interest rates by 0.75% as inflation levels have soared. A statement from the Fed states that high inflation levels, increasing energy and food prices and the Russia-Ukraine war have caused upward pressure on inflation and impacted global economic activity. The most recent interest rate increase, which is the fourth consecutive such hike this year, will most likely increase volatility within the cryptocurrency market. The Fed seems hell-bent on forestalling inflation and has taken an increasingly hawkish stance to ensure inflation remains at 2% over the long term. The…

WednesdayAug 03, 2022 1:30 pm

Untraceable Events Announces Launch of ‘UNNY’ Token For Its Event Gamification at Blockchain Futurist Conference 2022

The upcoming Blockchain Futurist Conference, organized by Untraceable Events, is designed as a huge gamification experience. Untraceable Events has announced the launch of its token UNNY, which attendees can receive simply by participating in activities throughout the conference. In this system, gamification points are allotted to attendees when they complete tasks and find codes throughout the two days. These points are then converted to UNNY which can be used to redeem prizes at the conference. The more points an attendee accumulates, the higher they are ranked in the Futurist Conference Leaderboard in the event app. The conference will be running from August…

WednesdayAug 03, 2022 12:45 pm

Wild West Crypto Show Shines the Spotlight on RAILGUN, a Smart Contract System

Conservative alt-coin podcast hosts Drew Taylor and Brent Bates recently welcomed guests and the audience to another episode of their wildly popular Wild West Crypto Show. Special guests to the program included CryptoCurrencyWire’s Jonathan Keim with the three hottest stories in cryptocurrencies, as well as Alan Scott, head of growth at RAILGUN. Scott describes RAILGUN as a smart contract system built for privately transacting crypto on public ledger blockchains. “You can take and transact stable tokens privately… I think if we want crypto to be the future of finance, it has to have some semblance of modern, traditional rails. So,…

MondayAug 01, 2022 12:45 pm

Three Generations of Blockchain Tech Evolution

Most experts will say that there have been three generations of the web: Web 1.0, Web 2.0 and Web 3.1. The first iteration of the internet is also referred to as the read-only web, the second is the participative social web and the third version of the internet is the “read, write, execute web.” These three generations have been spread out over the past three decades or so since the internet was invented. Just as there has been three generations of the web, blockchain technology has also evolved through three different eras, albeit over a much shorter timeline. But while…

FridayJul 29, 2022 12:45 pm

Five Factors Investors Need to Consider When Choosing Blockchains

Blockchain technology has been a big hit over the past couple of years because of its decentralized structure. This decentralization grants increased transparency, greater security and instant traceability as well as enhanced efficiency and speed, making blockchain a great addition to any business structure. Even though the cryptocurrency market has faltered in the past few months, blockchain technology isn’t going anywhere anytime soon. Given the speculation around blockchain, especially regarding its integration into existing corporate structures across different industries, plenty of investors have considered investing in blockchain. However, as with all investing, there are important factors to consider before investing…

ThursdayJul 28, 2022 9:45 am

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Increases to 19 Worldwide Lightning Network Nodes as FED Working Paper Supports Bitcoin Scalability Through the Network

LQwD is leveraging the Lightning Network for BTC scalability with 19 nodes active and the goal of creating Lightning Network node access in 24 countries by the end of this financial quarter LQwD nodes include US-West, Ireland, India, Germany, Brazil, Hong Kong, Singapore, Sweden, South Korea, South Africa, Bahrain, Indonesia, Italy, Australia, Japan-Osaka, France, Canada, England, and Japan The cryptocurrency market was valued at US $1.6 billion in 2021 and is expected to reach $2.2 billion by 2026, growing at a CAGR of 7.1% The Federal Reserve Bank of Cleveland Working Paper Series released Working Paper 22-19 in June 2022…

WednesdayJul 27, 2022 1:30 am

California Lawmakers Vote to Allow Political Campaign Donations in Cryptocurrencies

Cryptocurrency has grown increasingly popular in the past decade partly because of its enhanced security, privacy and anonymity. This anonymity is one of the primary reasons California regulators outlawed all political donations in cryptocurrencies in 2018. State regulators cited the possibility of political interference by foreign players as well as the chance that digital assets could be used to surpass campaign contribution limits. After more than three years since the ban on cryptocurrency donations, lawmakers in California have voted to allow political campaign donations in Bitcoin and other digital currencies. Municipal and state political candidates will now be able to…

TuesdayJul 26, 2022 9:45 am

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Announces Change in Senior Management as the Company Forwards over 100 BTC on Lightning Network

LQwD has 17 active nodes worldwide on the Lightning Network Current nodes include Italy, Indonesia, Canada, France, Japan, England, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and the United States US-West holds the highest capacity at 5.970784520 BTC and a channel count of 115, followed by France, with a capacity of 2.62276941 BTC and 57 channels The cryptocurrency market size was valued at US $1.6 billion in 2021. It is expected to reach US $2.2 billion by 2026, growing at a CAGR of 7.1% over the forecast period LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF),…

MondayJul 25, 2022 12:45 pm

Five In-Demand Blockchain Tech Jobs Paying Top Dollar

Distributed ledger or blockchain technology is the infrastructure that granted cryptocurrencies increased security, instant traceability, and enhanced speed and efficiency. Even as the crypto market experiences unprecedented drops in prices, blockchain technology is still in high demand because of its security and efficiency benefits. The latest skill index reveals that many American companies are hungry for skilled blockchain technicians, making blockchain tech jobs some of the most in-demand occupations in the country. Businesses are paying top dollar for blockchain experts who can help them integrate blockchain into their systems and significantly beef up their security. The following are five in-demand…

FridayJul 22, 2022 11:15 am

Blockchain Could Address Challenges of Healthcare Systems

The biggest draw to blockchain technology is its decentralized nature, which increases safety, provides greater transparency, and enhances efficiency and speed. Even as the cryptography market has seen a historic drop in prices, the blockchain technology that underlies the market is still gaining popularity. In the recent past, experts have considered how they could leverage blockchain to address issues outside of the crypto market. One segment that could stand to benefit from the increased security and transparency offered by blockchain is the healthcare industry. Given that the digital healthcare segment is projected to be worth $767,718 million by 2030, top-notch…