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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Shares in Novogratz’s Crypto Bank Galaxy Digital Plunge 20% in Toronto Exchange Debut

Shares in Mike Novogratz’s crypto-focused merchant bank plunged 20 percent during their trading debut on a major Canadian stock exchange Wednesday, August 1, CNBC reported. After opening at $2.75 Canadian dollars ($2.11 USD) apiece for their first ever listing on Toronto’s TSX Venture Exchange, shares in Galaxy Digital LP fell 20 percent in the first…

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Any Truth To EOS Investor Claim That The Blockchain Now Handles 5,000 Transactions Per Second?

Michael Novogratz recently stated EOS can process 5,000 transactions per second and will soon handle far more. But it’s hard to find data to support the claim. Michael Novogratz recently made headlines with a bold assertion during an interview with TheStreet that the EOS blockchain is, “already doing 5,000 transactions a second. It should be…

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Goldman Sachs Hires Crypto Trader As VP Of Digital Assets ‘In Response To Client Interest’

Goldman Sachs has hired crypto trader Justin Schmidt as vice president of digital asset markets of their securities division in order to help clients navigate cryptocurrencies, Bloomberg reports today, April 23. Schmidt, an MIT Computer Science Masters graduate, had previously worked at financial institutions WorldQuant LLC, LMR Partners, and Seven Eight Capital. His LinkedIn laconically…

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