Study Says EOS Maxes Out At 250 Transactions Per Second

The “independent” study of the EOS network was led by researchers at ConsenSys. The EOS blockchain may not be able to live up to all that it has promised investors, according to a recent study. A press release for the study states that a benchmark test of the EOS blockchain was “publicly requested” by a…

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First Derivatives Reports 20% YoY Increase in H1 2019 Revenue

First Derivatives (FD) has announced its unaudited financial results for the six months ended August 31, 2018. For the first half of its 2019 fiscal year, FD, a consulting firm and software provider to trading companies, experienced solid results across its key financial areas. Taking a look first at revenue, FD managed to achieve a…

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Altcoins Price Analysis: ADA/USD and IOT/USD Bull Breakout Pattern

As EOS bull momentum slow down, ADA/USD and IOT/USD are trading within a bull break out pattern and it is likely that prices will race towards immediate targets at 9.5 cents and 90 cents. Should there be higher highs today in these two pairs as EOS/USD and XLM/USD consolidate then it points to an existing…

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Altcoins Price Analysis: LTC/USD Top Performer as XLM Inch Higher

The altcoin market is back to green with LTC/USD adding six percent in the last 24 hours. At the same time, Stellar trade volumes are quite high as the market remain expectant of a probable listing at CoinBase after BAT expected support. All in all, we expect gains to continue throughout this week. Let’s have…

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XRP Tip Bot and Wirex might reach collaboration to provide top-up service for new users

Recently, Wietse Wind, the creator of the XRP Tip Bot app, wrote in a tweet to the cryptocurrency platform Wirex, requesting a collaboration between the two parties for the purpose of Tip Bot top-up. The post was only with regards to the new users on XRP Tip Bot. Wind’s tweet read: “Hi @wirexapp, you’ve got…

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Daily Byte: Friday, November 2, 2018

Crypto is back in the news for illicit use, Buterin wants less influence, and CryptoKitties are on the loose. Here is some of what’s happening for Friday, November 2, 2018: Buterin Says It’s Better To Fade Away At Devcon4, Ethereum founder Vitalik Buterin painted a roadmap for Ethereum’s future success, and it does not include…

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Can Token X Rival Other Stablecoins With Its Dual-Blockchain Approach?

It would appear the stablecoin industry is far from done as far as expansion is concerned. In the case of Token X coin, it appears to be yet another stablecoin which will be coming to market fairly soon. Although this industry seems to be firing on all cylinders as of late, one has to wonder…

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What is Astroturfing?

In the world of marketing, there are some concepts which are often frowned upon first and foremost. In the case of astroturfing, it would appear the general consensus is rather negative toward this particular concept. A lack of transparency makes this method very effective, yet it also results in plenty of scrutiny. The Astroturfing Concept…

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Indian Officials Considering Ban On Private Use Of Crypto

India seems to be inching closer to an all-out crypto ban. On Tuesday, October 30, the 19th meeting of the Financial Stability and Development Council (FSDC) was held in India. Attendees included India’s finance minister, the head of the securities board, and the governor of the Reserve Bank of India (RBI). During this meeting, attendees…

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Microsoft CEO Satya Nadella: Tech companies need to defend privacy as a human right

Microsoft CEO Satya Nadella called privacy a “human right” in a keynote speech Thursday in London. Nadella said Europe’s new data laws set a worldwide standard for protecting privacy. Apple CEO Tim Cook also praised Europe’s data privacy rules last week and called for similar laws in the U.S. Microsoft CEO Satya Nadella voiced his…

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BCH/USD Price Analysis: Bitcoin Cash Could Disintegrate ahead of Nov 15 Hard Fork

Roger Ver’s Bitcoin Cash is at a precipice. It could fall apart if there is no consensus draining with it millions in investment and propelling Bitcoin higher. The standoff between Craig Wright of Bitcoin SV and Jihan Wu’s Bitcoin Cash ABC could be damaging. Since price relies on the outcome, traders should remain neutral ahead…

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Daily Byte: October 30, 2018

Ethereum’s family reunion kicks off, OKEx prunes some trading pairs, and SC Johnson fights to clean the ocean but researchers say it’s too late. Here is some of what’s happening on Tuesday, October 30, 2018: Devcon 4 Opens Today The Ethereum Foundation is kicking off DevCon 4 today in Prague, Czech Republic. A four-day gathering…

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Ford and Baidu team up to test self-driving vehicles in China

Ford and Baidu will collaborate on the development and testing of driverless vehicles for two years. Ford’s autonomous vehicles have already been fitted with Baidu’s autonomous driving system Apollo. On-road testing is slated to start by the end of this year. Ford and Chinese internet giant Baidu announced a tie-up Wednesday that will see the…

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Coinbase revenue for this year is close to $1.3 billion

Coinbase, one of the biggest cryptocurrency exchange platform in the US, has made sales of over $1.3 billion, according to a report on Bloomberg. This comes in the limelight irrespective of the volatility of the cryptocurrency market, wherein the price of all the major cryptocurrencies has plunged to the lowest point since its all-time high earlier…

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Facebook is reportedly planning a big new facility right in Microsoft's backyard

Facebook has drafted plans for plans for a 650,000-square-foot office project in Redmond, Washington, the longtime home of Microsoft. The company could demolish existing buildings on the allotted land as soon as May. Facebook has not yet applied for building permits. Redmond, Washington, has been the home of Microsoft for decades, but the maker of…

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Daily Byte: Monday, October 29, 2018

Coincheck still in the red post-hack, Coinbase fires 15, Belgium issues new fraud alert, EOS block producer says bitcoin and Ethereum are energy hogs, blockchain film premieres, and Ethereum gets a new best friend. Here is some of what’s happening on Monday, October 29, 2018: Crypto Exchange Coincheck Reports More than $5 Million in Losses…

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BTC/USD Bitcoin Price Analysis: China’s support of BTC Very bullish

China is important. It is home to the largest Bitcoin mining companies and their citizens are fast adopters. Therefore, the recent court ruling is bullish and could fast-track Bitcoin loss reversal driving prices back above $7,000 in the process strengthening market confidence. So far, BTC/USD pair is stable and down one percent in the last…

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Daily Byte: 10.26.2018

Australia Post simplifies exchange selfies, Mastercard seeks to reshape crypto transactions, the Royal Mint is getting out of the stablecoin game, and bitcoin is property – per a Chinese court. Here is what’s happening for Friday, October 26, 2018: New Patent Claims Crypto Benefits from Fractional Reserve Banking Per a patent application filed Thursday, financial…

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LTC/USD, EOS/USD, XLM/USD, ADA/USD, XMR/USD Price Analysis

After implementation of their version of “Segwit”, Monero transaction fees are near zero. Because of that, Bittrex and Binance have responded by slashing withdrawal fees to a mere $0.01. This is bullish and coincidentally it happens at a time when Litecoin plans to execute core 0.17 promising to drive down network fees by a factor…

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Daily Byte: 10.25.2018

Sony ups the cold storage game, Binance publicizes charitable contributions, and more legal drama in Plattsburgh and India. Here is some of what’s happening for Thursday, October 25, 2018: Sony Developing Contact-less Hardware Wallet Sony Computer Science Laboratories, Inc, has announced the creation of a contact-less hardware wallet, per a press release published Tuesday. The…

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