EOS is by far the largest Initial Coin Offering (ICO) in the history of cryptocurrencies. Having raised more than $ 3.5 billion, it promises to become an extremely fast and scalable blockchain protocol with zero transaction fees. Even though the EOS main-net has not gone live yet, many believe it has the potential of becoming a standard for decentralized applications that require fast, secure and free interactions between their users.
Dash, is short for “Digital Cash”, and it aims to become exactly that. A pioneer in the crypto industry, Dash’s protocol is modeled after Satoshi’s original blockchain and adds a few unique features for maximum speed, privacy, and lower transaction fees. Thanks to these innovations, Dash has the potential to become a true standard for transactions between individuals in a decentralized and secure manner.
Not only is this one of the most well-established cryptos in the payments space, but the community continues to innovate and bring crypto to new and exciting places, particularly in emerging markets. In addition, according to our findings below, we feel that this cryptocurrency is acutely undervalued compared to the rest of the cryptomarket.
The Bank of International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend.
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.
In reply to a Right to Information query filed by a local lawyer with the Twitter handle Blockchainlaw91, the bank revealed that its decision to ban cryptocurrency-related accounts in the country was made without due consultation or study.
How It Started
India’s central bank, the Reserve Bank of India, started warning its citizens against the dangers of investing in cryptocurrencies in 2013, which was followed by two other warnings in 2017, before coming down hard on the industry earlier this year.
RBI, the central bank of India, has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer. Copies of the communication have been distributed on social media and published by local crypto outlets.
San Francisco-based Ripple has announced a University Blockchain Research Initiative which will include a funding amount of $ 50 million for select academic institutions. Despite the current lethargy in cryptocurrency markets, interest in blockchain is at a fever pitch, especially on campus. Ripple recognizes that students and faculty are key elements for the creation of a more robust and valuable blockchain ecosystem.
In an announcement on the company blog, Ripple — touting itself as “one of the most mature companies in the space” — said it was uniquely suited to partnering with the academic community.
BitGive — the globe’s first bitcoin-based 501(c)(3) nonprofit — has joined hands with the University of Edinburgh to research and examine the effects of digital currencies on both national and international charities. Both organizations are seeking to develop a stronger, more organized system for allowing charities to accept virtual currency donations.
BitGive previously made headlines in October 2017 when it launched its new GiveTrack platform, which uses blockchain technology to clarify and record digital asset donations to global charities. Individuals can trace their funds in real time, and see how their money is spent once an organization receives it. They are also informed of the charity’s project results, creating direct engagement between the donor and the receiver.
Jobseekers looking for their big break with Bitcoin could have faced disappointment as offers exploded and crashed in line with prices.
Price Highs = Employment Highs
According to new research from “augmented writing” startup Textio, job offers relating to Blockchain and cryptocurrency rise and fall entirely depending on how valuable Bitcoin is in USD terms.
Researchers analyzed job advertisements containing various terms, including Bitcoin, altcoin, cryptocurrency, crypto, cryptographic hash, decentralized autonomous organization (DAO) and decentralized currency.
Between May 2017 and February 2018, offers peaked in the third week of December, at a time when BTC/USD reached its all-time highs of around $ 20,000.
Just recently researchers from the University College London published a paper about the patterns found in “shielded” and “unshielded” Zcash transactions. The study explains when users switch between these types of addresses anonymity is degraded. The team concludes that while Zcash transactions can be private, it’s also possible to diminish privacy if certain usage patterns are chosen by the Zcash user.
INNOVATIVE BIORESEARCH, a biotech company specialized in HIV, cancer and regeneration research, launched INNBC Token sale to develop their novel cell-based therapy for HIV, along with an app named “You’re not alone” providing on one hand a decentralized database for clinical data, and on the other hand a social platform to provide information, support and services to the HIV positive community. In addition, the INNBC Token will be spendable to buy classic iconic JDM cars, and as such it will be backed by the value of actual physical goods. INNBC Token sale is something unique among current ICO offerings.