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DeFi

Chia Network Announces Competition to Help Pave the Way for Eco-Friendly Digital Money

Chia Network is developing a more environmentally friendly and functional alternative to bitcoin and is hosting a competition to improve Chia's verifiable delay function (VDF), a proof-of-time protocol that will help enable a new era of Nakamoto-style decentralized consensus. Chia "farming" relies on proofs of space...

Chinese Middle Class is Diversifying Their Investments with Cryptocurrencies

Less than 10% of China’s new middle class is placing crypto eggs in their wealth management baskets, according to the 2018 White Paper on the New Middle Class. This is the first time that the annual report is including Bitcoin and other cryptocurrencies as...

Bitcoin Price Could Crash to $100

There’s something about a prolonged cryptocurrency market downturn that leaves bears jockeying to be the one to twist the final knife in bitcoin’s battle-scarred back. The latest jab comes from Marek Paciorkowski, a financial market analyst at Polish forex platform Aforti Exchange S.A. Speaking in...

Father Vs. Son On Blockchain Trends: Q&A With Tim And Adam Draper

Just five months ago, billionaire venture capitalist ‘Tim Draper’ made a prediction that the price of one bitcoin will rise to $250,000 by 2022. Even though the price has since fallen, Draper believes that bitcoin will bounce back. When the Silk Road collapsed in 2014,...

SEC Seeks Sanctions Against Individuals Behind Alleged Cryptocurrency Scam PlexCoin

The case launched by the United States Securities and Exchange Commission (SEC) against PlexCorps, also known as PlexCoin, and the individuals behind this scheme – Dominic Lacroix and Sabrina Paradis-Royer, continues at the New York Eastern District Court, with the US regulator having hard...

BTC/USD Upside Held Near $6500

Bitcoin on Saturday crossed above the $6,500-mark but lacked further upside momentum near the psychological resistance. The BTC/USD kickstarted the day forming higher lows towards 6475-fiat. The Asian trading session witnessed consolidated action within a narrow range defined by 6520-fiat to the upside and...