[ad_2][ad_1] In traditional business, “key person risk” refers to when a company relies too much on one individual to be successful. Cryptocurrency companies are prone to a very literal version of this risk when managing funds. The most infamous example may be QuadrigaCX, whose customers have waited nearly 3 years …
Read More »Bitcoin is unmatched thanks to early distribution, CoinMetrics analysts say
[ad_2][ad_1] Thousands of different cryptocurrencies arose in the Bitcoin (BTC) genesis block of 2009. Even though the newest assets are equipped with different technologies and new bells and whistles, Bitcoin still has an edge in a key category, according to a November report. of crypto data company Coin Metrics. Due …
Read More »Can blockchain cure what ails healthcare? Lumedic launches a new search for digital identity standards
[ad_2][ad_1] Lumedic CEO Mike Nash. (Photo Lumedic) Health technology company Lumedic has launched a new effort to create standards for digital identity in the healthcare sector, with the aim of simplifying the exchange of patient data and removing bottlenecks in the wider healthcare system using blockchain technology . The Seattle-based …
Read More »How Blockchain and Digital Names are revolutionizing payment technology
[ad_2][ad_1] Los Angeles, CA, November 10, 2020 (GLOBE NEWSWIRE) – (via Blockchain Wire) Blockchain technology. You’ve probably heard of it, but what exactly is it? According to TechTerms.com, the description of the “blockchain” technology is as follows: “A blockchain is a digital record of transactions. The name comes from its …
Read More »ShapeShift removes the Zcash privacy coin for regulatory reasons
[ad_2][ad_1] ShapeShift, the Colorado-based cryptocurrency exchange that allows users to self-guard their assets, has removed another privacy coin. Zcash has been removed from the trading platform in addition to Monero and Dash. Decrypt reported last Friday that XMR and DASH had been silently removed; the delisting of ZEC was not …
Read More »Crypto winter and the pandemic cut $ 2.8 billion from blockchain revenues
[ad_2][ad_1] According to new statistics from ABI Research, blockchain and cryptocurrency revenues could take a $ 2.8 billion hit by the end of 2020 as it struggles to overcome the 2018 “ crypto winter ” and the fallout from the COVID-19 pandemic. Crypto winter is the nickname for a period …
Read More »Ethereum user accidentally pays $ 9,500 transaction fee to send $ 120
[ad_2][ad_1] An Ethereum user accidentally paid $ 9,500 in transaction fees to send just $ 120. According to a Reddit post published last week, an Ethereum user incorrectly typed the wrong transaction fee while attempting to transfer $ 120, resulting in a payment that cost seventy-nine times more. Reddit user …
Read More »Ethereum 2.0 deposits at 10% of the launch threshold as the deadline approaches
[ad_2][ad_1] The deposit agreement for Ethereum 2.0 now contains 50,849 Ether (ETH), worth approximately $ 22 million at the time of publication. This is slightly less than 10% of the minimum required bet of 524,288 ETH, or $ 230 million. Ethereum 2.0 will be launched on December 1st, but only …
Read More »Taras Kulyk, SVP of Blockchain Business Development at Core Scientific – Interview Series
[ad_2][ad_1] Taras Kulyk is the Senior Vice President of Blockchain Business Development at Core Scientific. Kulyk’s career has progressed through increasingly important roles in the digital assets, investment banking and technology industries. He has built and led teams engaged in the management and development of digital asset mining infrastructures around …
Read More »Biden candidates are said to have a deep understanding of Bitcoin and Cryptocurrency
[ad_2][ad_1] Two potential members of President-elect Joe Biden’s business team are well aware of both Bitcoin and cryptocurrency. Lael Brainard, reportedly a contender to serve as Biden’s secretary of treasury, served as an authority on blockchain and digital assets in his role as a member of the Federal Reserve Board …
Read More »