Decentralized Platform Launches New Features as Demand for Crypto Lending Increases

A decentralized peer-to-peer network says it is well placed to cater to the growing demand for crypto lending, and has unveiled new tool that allows users to borrow USD-backed stablecoins against cryptocurrency collateral. Nitrogen cites research from Bloomberg that shows how demand for loans backed by crypto collateral soared in 2018, as the price of Bitcoin …

Russian Social Media Giant VK Eyes Launching its Own Crypto: Report

The most popular social media platform in Russia, VKontakte (VK), is considering developing its own cryptocurrency, local news outlet RNS reported on March 28. Per the report, an unspecified person familiar with the company’s plans told the outlet that the project involves the creation of individual cryptocurrency accounts for all the users of the platform. …

The Implications of Fusing 5G and Blockchain

Analysts have been anticipating the implications of the Internet of Things (IoT) for several years. However, there have been two main impediments to its success: capacity and security. But now, the introduction of a new technology could change that. This year, major carriers like AT&T and Verizon will be introducing 5G, the latest generation of …

Putin Adviser Says ‘CryptoRuble’ Will Circumvent Sanct… | News

At a recent government meeting, Sergei Glazyev, economic adviser to President Putin, said the ‘CryptoRuble’ could help alleviate the pressure of Western sanctions, The Financial Times reported Monday. However, there is still no unified official stance from the Russian government on the question of issuing a national digital currency. The Russian CryptoRuble is essentially a …

Peter Thiel’s VC Fund Invests Millions Into Bitcoin, M… | News

Peter Thiel’s San Francisco-based venture capital firm Founders Fund has invested millions of dollars into Bitcoin (BTC), the The Wall Street Journal (WSJ) reported today, citing sources “familiar with the matter”. The Fund reportedly invested $15-20 million into Bitcoin, which has grown into hundreds of millions in the past year. Since Jan. 1, 2017, BTC …

Forks in the Road: 2017 Bitcoin Forks | News

2017 has come and gone, shaking up the cryptocurrency world with a swathe of newcomers interspersed with stellar highs and some sobering price corrections. Bitcoin ended the year having grown over 1,000 percent in value over 12 months. However, that didn’t stop the community forking away from the preeminent currency. These forks had varying degrees …

Alternative Blockchain Uses: Elections, Product Review… | News

Decentralization and its effect on the economy is a controversial topic that has pervaded discussion throughout online communities as well as mainstream and alternative media outlets thanks, in part, to Bitcoin’s roller-coaster ride throughout 2017. This phenomenon has also threatened the infrastructural payment processing monopolies whose power has traditionally owed to their near-absolute control over …

Blockchain Redefines Emerging Markets: Capital, Assets… | News

Less than 0.001 percent of global venture technology funding went to African startups in 2016. It is no secret that entrepreneurs in emerging markets have a harder time coming by capital funding than do their counterparts in developed markets. Among the many reasons for this are inefficient capital market systems that create obstacles for entrepreneurs …