Fred Ehrsam, former Goldman Sachs trader and co-founder of the bln dollar Bitcoin startup Coinbase, laid out several scaling issues of Ethereum and the necessity of off-chain scaling solutions to scale the Ethereum network. According to Ehrsam, seven major scaling solutions exist that are being developed by Ethereum developers,...
Rapid advances in technology, from cryptography to artificial intelligence, are transforming the competitive landscape in financial services. According to the IMF, fintech firms might be able to provide better services and respond to customer needs for security and privacy.  Blurring boundaries With the development of financial technology, the differentiation between...
Ethereum energy consumption is more than the entire island of Cyprus, as well as Cambodia and Brunei, according to reports. Mining of Ethereum, which is still available with standard home hardware, “could be consuming as much as 4.2 Terawatt-hours (tWh),” Business Insider notes, citing research by Digiconomist founder Alex...
In order to put into perspective what Bitcoin represents amongst all of the world’s money, Howmuch has produced a visualization full of insights. Since 2009, Bitcoin has made a long road and has overcome many obstacles on its journey. The Bitcoin price has grown exponentially, and its market cap...
Fraudulent ICO offerings have become a serious problem in China, with new concerns participants could even face death. As local news source 8btc reports this week, the ICO phenomenon causing a sensation throughout the crypto world could have dire consequences for unwitting Chinese investors. The portal cites two Chinese exchanges,...
Gambling might be one of the oldest traditions in the world and the history of humankind knows multiple instances of games in various cultures, both ancient and modern. However, once the gambling market was consolidated, it became quite stiff. It has known only a few innovative movements since the...
Louisiana Office of Financial Institutions Commissioner John Ducrest was named as the new Chairman of the Board of Managers of the State Regulatory Registry. The Office of Financial Institutions (OFI) is responsible for the supervision of various entities which provide financial services to the citizens of the State...
Last April, Bitcoin trader Thomas Constanzo was charged for money laundering and running an unlicensed money transmission business. Constanzo was discovered to have been running a Bitcoin trading website that offers Bitcoin mining equipment. Back in April, Constanzo was convicted of illegal possession of firearms as well as marijuana....
Breakthrough in genetic medicine means that there are technologies available to match the right cure to the right patient. Today, It is possible to foretell what disease your unborn children will suffer from when they grow up. Advances in genetics will help us tackle difficult to treat ailments...
Regardless of the increased volatility over the last few days, the struggle for the $2,300 level did not occur. Looking at the chart, it can be clearly implied that the price did some retests at $2,300 before going up, which is a rather typical signal for opening long positions....