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In its latest report entitled “Five Facts on Fintech,” the International Monetary Fund (IMF) said that based on its research, countries generally foresee the emergence of crypto assets backed by central banks. The study, which surveyed central banks, finance ministries, and other government agencies in 189 countries, explicitly stated that central bank-backed crypto assets are […]
The post IMF Says Central Bank-Backed Crypto ‘Could Become Reality’ appeared first on CCN Markets
In this op-ed, Micah Winkelspecht explains why he believes that 2019 will see the return of bitcoin dominance after 2018’s reality checks.
CoinDesk
Mohamed El-Erian — the chief economic adviser at Allianz SE — says concerns over a US recession are overblown, but we can expect wild fluctuations on the Dow Jones Industrial Average in 2019 because of financial uncertainty in Europe and China. However, El-Erian said the US economy will remain strong and will continue to grow at a
The post 1000-Point Swings ‘New Reality’ for Dow Jones Index: Allianz Economist El-Erian appeared first on CCN
Virtuix, a leader in active virtual reality and the developer of the popular Virtuix Omni, has partnered with Funovation, a creator of small-footprint attractions, to create the VR ARENA, a four-player esports attraction for VR arcades and tournament venues. Today we announced our brand-new product: VR ARENA, a high-energy esports attraction for location-based entertainment. For […]
SludgeFeed
Ripple has recently launched the fund transfer solutions called xRapid and xCurrent and now, Xpring. Aside from joining several corporate institutions and banks throughout the world. The banks that are using Ripple Net have adopted XRP to be their number one token of choice in sending faster cross-border payments.
For those who don’t know, Xpring has the potential to increase XRP adoption in its ecosystem. As reported by ZyCrypto, the senior vice president at Ripple, Ethan Beard spoke regarding Xpring and said:
On September 29, Bitcoin Cash enthusiast Donald Mulders wrote an interesting post on the social media network Yours.org. The post detailed that he was attempting to host a website on the Bitcoin Cash (BCH) chain using the Bitdb 2.0 application. Following the write-up, and with a little help from the BCH developer Unwriter and a tool called Cryptograffitiweb, Mulders’ on-chain hosted website ‘Bitcoin Cash Hoarder’ can now be seen on any browser.
Also read: Markets Update: Digital Asset Consolidation and Accumulation Continues
In today’s edition of The Daily we feature an interesting art exhibition which merges augmented reality technology with oil paintings inspired by Bitcoin and cryptocurrency culture. We also cover updates about the Bitmain IPO, ASX’s “blockchain” deployment and Alexander Vinnik’s extradition case.
Also Read: Binance Wants to Invest in Africa, Reaches Out to African Projects
Technologist and Apple Inc. co-founder Steve Wozniak played contrarian at the NEX technology conference in late June, comparing the hype around blockchain to the fervor he witnessed just before the implosion of the dot-com bubble. Still, Wozniak stood by his unflinching loyalty for Bitcoin, even in the midst of the market’s 2018 downturn.
To be sure, Wozniak believes blockchain technology will serve as a cornerstone for business and industry in the future, calling it “decentralized and totally trustworthy.”
Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
Since the report’s publication, many leaders in the crypto community have argued that the BIS is incorrect in much of what it seems to state as fact.
CEO and co-founder of Circle Jeremy Allaire commented that the report was “very shallow,” and added, “They haven’t done much research at all. They’re looking back at stuff that’s years old. They’re not looking at what’s going on in terms of the real R&D in this space. It’s just really poor research.”
Science fiction writer Ken Liu has written an important short story, Bizantine Empathy, weaving as central to the narrative cryptocurrency and distributed ledger technology. Finally, crypto breaks out of its ghettoization in popular fiction, where it has been the plaything of terrorists and drug dealers, and instead has been used as an elegant background to a larger point. We caught up with Mr. Liu to ask him more about his motivations for bringing such a technical topic into the science fiction community.
Also read: Fidelity Investments Hints at Entering Cryptocurrency Exchange Space
High Fidelity, an open-source distributed VR platform, has announced that BLOCKv, a platform for creating and publishing digital objects on a blockchain, is joining the Virtual Realty Blockchain Alliance (VRBA). Through the VRBA, High Fidelity and BLOCKv will work with other virtual world providers to ensure that digital assets, currency and identity from each platform can be used on the others, enabling the free flow of people and digital possessions between different virtual experiences.
Celebrities and fans oftentimes have a unique relationship. On the one hand, celebrities can become annoyed with all the attention – photo after photo, hardly any privacy, sometimes outright stalking – the list seems like it goes on and on. A simple Google search yields some hilarious photos of celebrities and their fans. It’s as if every photo is saying “Please go away.”
On the other hand, some celebrities embrace their platform and use it to better the world. For these celebrities–be they actors, musicians, or other performers–the spotlight isn’t about them, it’s about their fans. They perform not for the money–though it must certainly help–but to bring joy to their many followers.
INGOT Group has created a first- of-its-kind blockchain ecosystem named INGOT Coin that promises to link the existing financial markets and the rapidly emerging crypto markets like never before. INGOT Group claims that this specialized ecosystem will make the customers more confident and increase market liquidity, while providing more efficient market pricing and access to funds for a wide variety of stakeholders.
May 03, 2018
Charlie Lee admits his ambition to work with Monero in a series of tweets he posted yesterday, claiming that Litecoin’s liquidity would be a good fit for Monero’s anonymity and fungibility.
Monero (XMR) creator Riccardo Spagni and Litecoin (LTC) creator Charlie Lee would appear to be taking tentative baby steps in potentially bringing their two coins closer. Spagni posted the following tweet yesterday, which first bandied the idea of a possible merger between the two cryptocurrencies:
Such a productive few days, finally got to sit down with @SatoshiLite and talk about a possible merger between the Litecoin Enterprise Alliance and the Monero Enterprise Alliance, which we’d obviously call the LAMEA. #blessed #justblockchainthings pic.twitter.com/yIclMHH2ke
