NFTs on both the Ethereum and Solana chains have been gaining popularity over the past year. The trading of jpegs on the blockchain was the new shiny thing that had quickly gained acceptance from investors all over the place. This brought millions of users into both chains. However, as time has gone on, competition has grown fierce between Ethereum and Solana, which remain the two largest NFT blockchains in the space.
Ethereum development studio ConsenSys has launched a blockchain “job kit” to guide developers wishing to enter the growing blockchain space.
Unlimited Tower, a new EOS-based battle TRPG, announced Friday that it is planning to begin alpha testing this month. The @UnlimitedTower team is going to release the first Alpha Test of their game this March. Unlimited Tower is the next generation on-chain battle SRPG Dapp powered by the EOS blockchain. From today you can apply […]
In an exclusive interview with news.Bitcoin.com, Japan’s top financial regulator has confirmed the number of companies currently wanting to enter the Japanese cryptocurrency market. Meanwhile, several existing crypto exchanges in the country are undergoing changes.
Over 190 Companies Want In
Japan’s Financial Services Agency (FSA) confirmed to news.Bitcoin.com on Wednesday the number of companies to date that have expressed interest to register as cryptocurrency operators. The FSA said:
Including preliminary consultation/inquiries regarding registration, more than 190 operators are expressing their intention of market entry.
MyCrypto.com, an open-source tool for generating cryptocurrency wallets, is currently running a campaign to raise awareness of crypto security best practices. Every day in December, they’ve published a new security tip. Those who share the tips on social media are entered into a drawing for a variety of prizes, including hardware wallets and other crypto … Continued
Today’s edition of The Daily showcases the impact of cryptocurrencies on the computer hardware business and the entertainment industry. Weak demand for graphics processing units (GPUs) in the cryptocurrency mining industry has hurt the quarterly performance of Advanced Micro Devices (NASDAQ: AMD), while movie star Johnny Depp and hip-hop legends Wu-Tang Clan have separately become part of the broader crypto-ecosystem.
It is safe to say the cryptocurrency industry has seen its fair share of stablecoins already. This market is open to competitors, although nearly 10 different offerings exist already. Even so, the Factom team is confident they can add at least one more competitor to the mix. Their unique stablecoin implementation will be presented later this month.
Factom has Bold Plans
Every venture pertaining to blockchain and cryptocurrency is worth paying attention to these days. Although things may be a bit different in the world of stablecoins, the new venture by Factom will still get quite a bit of attention. The team claims they have built a new implementation which might help shape the future of stablecoins altogether.
Japan’s top financial regulator has revealed exclusively to news.Bitcoin.com the number of crypto exchanges seeking to enter the Japanese market. The agency also confirms the number of existing exchanges that have exited the industry, leaving only three applications currently being reviewed.
Three Quasi-Operators Are Left
Cryptocurrency exchanges in Japan are licensed by the country’s top financial regulator, the Financial Services Agency (FSA).
The FSA has licensed 16 crypto exchanges so far. In addition, it has allowed 16 more companies, including Coincheck, to operate crypto exchanges while their applications are being reviewed. These companies are sometimes referred to as “quasi-operators” of crypto exchanges.
The biggest cryptocurrency exchange in Canada, Coinsquare, have announced in a press release that they now plan on entering European markets by Q4 2018, meaning that come 2019, Coinsquare should be readily available across a number of European countries, opening up for the trade of Bitcoin, Bitcoin Cash, Ethereum, Litecoin, XRP, Dogecoin and Dash.
As an ultra-secure exchange, one that prides itself on its customer safety record, Coinsquare hopes to enter Europe as one of the most secure exchanges available, helping it retain the premier reputation it has built up in Canada.
Venezuela’s native cryptocurrency hasn’t gotten off to a good start. Although there was a lot of initial excitement regarding the Petro, it seems the introduction of this currency to the masses is not going according to plan. In fact, it is still not part of the secondary market, which raises a lot of (valid) concerns.
The Current State of the Petro
Most people are familiar with the concept of the Petro. This national cryptocurrency issued by Venezuelan President Maduro has gotten a lot of attention, though not necessarily for the right reasons. It is a currency backed by the country’s oil reserves, and it was sold during an initial coin offering of sorts to private investors a few months ago.
A great multitude of groups have entered the race to tokenize bitcoin cash (BCH). Developers are energized by a £5 million prize to bring this functionality to the cryptocurrency’s ecosystem, which means we might soon see smart contracts implemented with BCH.
£5 Million in Bitcoin Cash Prize
More than 50 teams have entered a bitcoin cash (BCH) tokenization challenge, which is meant to help make the cryptocurrency into a “cornerstone of a globally distributed economy.” The contest was recently launched by Coingeek, the cryptocurrency company led by the billionaire entrepreneur Calvin Ayre, and is backed by a £5 million in prize money. It has done so in cooperation with technology research and development firm Nchain Group.
Another major hardware producer may venture into the GPU market very soon. Motherboard manufacturer Asrock is reportedly going to offer new products for cryptocurrency mining in April. Currently, the company enjoys strong demand from crypto miners for its motherboards. Mining equipment shipments boosted its sales in 2017.
Asrock May Offer Miners an Alternative
Hardware manufacturer Asrock is reportedly planning to enter the video cards market as soon as next month. The company may introduce its own graphics processing unit (GPU) based on AMD chips, according to Techpowerup. These can be used in cryptocurrency mining applications. Radeon processors are considered very efficient at mining some popular cryptocurrencies. The GPUs are mainly utilized in rigs processing transactions for altcoins like ethereum and monero.