What is Bitcoin Mining? Put simply: Bitcoin mining refers to a process in which new bitcoin is generated by solving a complex math puzzle. All recent transactions are compiled into blocks and miners can solve the latest block that has a data of complex puzzle by using a special software, program and computer resources.…
VANCOUVER, British Columbia, August 16, 2018 – LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) a leader in blockchain solution development, is pleased to announce that it will change its name from “AXS Blockchain Solutions Inc.” to “LiteLink Technologies Inc.” Effective at the market opening on August 21, 2018, the common shares of the Company…
Announced today at Devcon3, Ethereum’s Swarm, a decentralized storage branch on the ethereum network, revealed their plan to move on to their third proof-of-concept stage. Victor Tron, Swarm’s lead developer, spoke at the conference today and announced the proof-of-concept is completely compatible with Geth and Whisper, the project’s messaging protocol. This accomplishment for Swarm…
At a Blockchain Summit in Morocco on Sunday, July 8, Google’s co-founder Sergey Brin announced that he and his son, much to everyone’s surprise, are Ethereum (ETH) miner’s. Brin is the president of Alphabet, the parent company of Google which he co-founded in 1998. Google has been notably slow to explore blockchain technology but…
On Tuesday, AlphaPoint, a Blockchain software maker, announced that it will create a new public network that is targeted at the digitization of non-digital assets. In a new initiative from AlphaPoint, which, up until this point, has focused primarily on developing white-label products for exchanges. More recently, however, AlphaPoint – dubbed the AlphaPoint Public…
Juventus soccer club is giving fans something different to shout about. The Italian soccer club announced today that it will launch its own fan token. Rival Paris Saint-Germain made a similar announcement two weeks ago, so why is football becoming increasingly interested in the cryptocurrency sector? There is one thing for sure that is positive about…
The US Securities and Exchange Commission (SEC) has rejected nine applications for Bitcoin ETF proposals. The SEC published three separate orders yesterday, highlighting the rejections from the three different applicants. SEC Says No to Bitcoin ETF Proposals This ruling is a blow to Bitcoin bulls who’d hoped the products would have provided a breakthrough for…
What is Ethereum? Many people are asking this question, but not many people have the answers – or at least, not answers that are comprehensible to the average reader. We’re going to simplify things and explain, step by step, what Ethereum is and how it works. If you’re new to the cryptocurrency world, don’t…
Is Bitcoin Mining Worth it in 2018? The financial industry was rocked in 2009 when a user (or users) with an alias of Satoshi Nakamoto introduced Bitcoin to the world. The cryptocurrency, Bitcoin, is a digital currency that can be used as a global payment system. It was the first of its kind to…
The Union of European Football Associations (UEFA) has made quite the revolutionary announcement today. No, Lionel Messi has not quit football or anything like that, rather the announcement revealed the new UEFA ticketing system. And the new UEFA ticketing system uses blockchain technology. Get in! The UEFA Ticketing System UEFA successfully deployed its new blockchain ticketing…
What is a ethereum’s founder, a 23-year-old hacker, supposed to do after he’s created a multibillion-dollar cryptocurrency? In day one of Devcon3, Ethereum’s annual conference, Vitalik Buterin unveiled the future plans for this project. In what he would call a “modest proposal,” Buterin disclosed he has been quietly working on long-term plans for the…
Ethereum phase two: Co-founder of Ethereum (ETH), Joseph Lubin, just made a big announcement about the world’s second largest blockchain ecosystem. He spoke at the Rise conference yesterday in Hong Kong and revealed that the first layer of the Ethereum ecosystem is now complete and phase two should be finalized sometime this year. Lubin states…
The phenomenon of Blockchain has become big enough that Great Britain’s House of Lords considers it necessary to explore the possible applications of distributed ledger technology (DLT) across government services. The House has suggested that the government should study the possibility of using the technology in a number of different public sectors, such as…
The blockchain payment company Veem just announced it has closed a $25 million funding round. The company closed its Series B funding round back in 2017. Veem states that Goldman Sachs and Google Ventures led the new funding round. Veem The latest round raised by the blockchain payment company Veem included a slew of…
Cryptocurrency enthusiasts and bulls have been hopeful that the US Securities and Exchange Commission (SEC) will grant the first Bitcoin ETF (exchange-traded fund) this year. However, these bulls have been left disappointed recently as the SEC has handed out a handful of rejections and postponements. Bill Barhydt, CEO of Bitcoin payment start-up Abra, told…
What is Ethereum? Many people ask the question ‘What is Ethereum?’ but not many people have the answer – or at least, not the answer that is comprehensible to the average reader. We’re going to simplify and explain, step by step, what Ethereum is and how it works. If you’re new to the cryptocurrency world,…
Ripple announced its new social impact program, Ripple for Good, that looks to support education and financial inclusion. Ripple’s social impact program is geared toward supporting mission-driven organizations and initiatives. The #InternetofValue is not about disruption, it's about completion – making globalization better for everyone. Ripple for Good will be a central part of that…
Bitcoin is the, without doubt, the biggest cryptocurrency. Many major companies around the world are now accepting bitcoin payment for online goods and services (in Denver, you can even use Bitcoin to pay for your parking!) An aggressive campaign led by Coinbase (where $1 million worth of transactions were processed for free) prompted large…
What is Eternal Token (XET)? Where did it come from? And how has it grown so much so fast? When a coin makes gains of 42% in a 24-hour period, it piques your interest. It doesn’t matter if it doesn’t sit within the cryptocurrency top ten, such massive gains in such a short period…
JD.com has been busy today. On Friday, the Chinese e-commerce company rolled out two new products: a JD.com blockchain platform and a JD.com app. The latter is the platform’s first use case. Here’s what we know. JD.com Blockchain Platform: Officially Live Today, JD.com posted a press release, which stated that the company had not only…
