Kucoin Recommends the Use of NEO for Withdrawals

Cryptocurrency network congestion has become a very real problem over the past few years. Not only have we seen Bitcoin suffer from such issues, but the Ethereum network is prone to major delays as well. It is evident this creates a lot of problems for cryptocurrency users looking to transfer value from one platform to … Read more

Cryptoruble Delayed – Russian Central Bank Worried It Could Bypass Regulations

Russia’s national cryptocurrency, the cryptoruble, is unlikely to be created in the foreseeable future, according to the Bank of Russia. The central bank believes that it could be used to bypass regulations. Meanwhile, the finance ministry wants to use the cryptoruble for cross-border payments. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more

Wall Street Creates Global Cryptocurrency Data Feed

New York Stock Exchange (NYSE) parent Intercontinental Exchange, Inc. (ICE) has announced it is creating a global cryptocurrency data feed, active by the year’s first quarter. Also read: Have Lunch with Bitcoin Jesus! Wall Street Teams with Bitcoin Developer “Access to comprehensive price discovery is vital to accurately value the cryptocurrency market,” a newly created … Read more

Neo Approaches Record High But Centralization Concerns Persist

After gaining 2,300% in six months and launching a string of eagerly anticipated ICOs, Neo is quite the success story. It’s that rare thing in the crypto space: a blockchain that’s actually seeing use. A bitcoin price equivalence of $580 per token (if Neo had a 21m supply) suggests there’s still plenty of room to … Read more

PR: CanonChain – A Universal Decentralized Community Empowering Users

“The current crypto community is somehow unfair to simple users,” said CanonChain initiator Jin Hailong. “The industry is dominated by big miners and developers. Simple users don’t have any say to propose a change.” The post PR: CanonChain – A Universal Decentralized Community Empowering Users appeared first on Bitcoin News. Go to Source Powered by … Read more

Ethereum Network Congestion Forces Exchanges to Halt Withdrawals

Scaling problems that have been sporadically affecting the Ethereum network have resurfaced. While bulls and bears were battling it out in the markets, the Ethereum blockchain was fighting to restore some semblance of normal service. The congestion forced a number of exchanges to halt withdrawals, with one going so far as to advise customers to … Read more

Study Shows Bitcoin and Ethereum Are Far Too Centralized Right Now

Whenever new research surfaces regarding Bitcoin and other cryptocurrencies, interesting things are bound to happen. The latest publication of such research on Hacking Distributed points out some interesting aspects of Bitcoin and Ethereum. None of it is actually surprising, but it does show that some things will need to change very soon. That’s especially true in regards to … Read more

Venezuela Considers Selling Its ”Oil-Backed” Cryptocurrency With a 60% Discount

The advisors of the Venezuelan government have recommended that the country’s oil-backed cryptocurrency, the petro, be sold in private placements at a discount of up to 60 percent. 38.4 million petros, with a face value of around $2.3 billion, could go on sale starting on February 15. Also read: South Korea Urges 23 Countries, EU, and … Read more