A Blockchain Startup Raised $4B without a Live Product
A total of $4 billion was raised on Thursday by a Cayman Islands start-up. It surpassed the world’s largest primary offerings on stock exchanges this year. However, the flagship product hasn’t been live yet. The blockchain platform, EOS.ios, is being financed by Block.one through a procedure known as an ICO. It stands for Initial Coin Offering. The multibillion-dollar fundraising effort...
EOS is Overtaking Top Crypto
EOS has been savoring its remarkable merits lately, surpassing other cryptocurrencies. EOS is a year-long Initial Coin Offering (ICO) that was able to break a record when it gained $4.1 billion with the promise of building the most expandable and efficient platform in the market and replacing Ethereum as the dApp (decentralized application) platform in the future. It is considered a...
Monero Crypto: An Overview
Because of its ring signature method, Monero cryptocurrency touts as the best token for the darknet. Unlike other similar projects (bitcoin, litecoin, ripple), it provides near-perfect security and anonymity. But this is a problem for cryptocurrencies, which is under attack from rivals (Dash, Zcash) and government officials. The TOP-20 cryptocurrencies divide into two categories: decentralized blockchain networks (Ethereum, NEO, Lisk, EOS)...
Binance: Crypto Benefits to Countries
Cryptocurrency, as we know it, is a method of payment that can be exchanged online for goods and services. It is a digital currency that is decentralized and its sole purpose is to correct the traditional currencies by putting power and responsibility in the currency holders' hands. Many people believe that cryptocurrency is bad for governments and countries, when in...
The Difference Between Bitcoin & Ripple
In the area of blockchain, distributed ledger technology, and cryptocurrencies, there is a lot of buzzes and a lot of misunderstanding, and one name that keeps popping up is Ripple. The distinction between Bitcoin (still the most well-known cryptocurrency based on blockchain) and Ripple is a question I'm frequently asked about. So I'll try to explain what Ripple is...
NEM: A Growing Crypto
The bitcoin market is more powerful than a racing locomotive that can vault skyscrapers in one bound. The overall market capitalization of all cryptocurrencies has grown by 4500 percent since 2016. Compared to the underlying stock index, such returns would take decades. However, it is a big contributor to blockchain technology. Consider blockchain as the backbone of most digital currencies. Blockchain...
Ethereum Hits Fresh Record High of 13,000%
Ethereum hit an all-time high on Wednesday as the cryptocurrency appreciated more than 60% in a week. According to a website that traces digital currency prices, CoinDesk, the digital currency had hit an all-time high of $1,417.38 prior to standardizing these gains. Ethereum has risen over 13,000% in the past year. According to CoinDesk, Ethereum is the second-largest cryptocurrency in the...
A Spoof Crypto’s Market Cap Surpassed $2B
One cryptocurrency was created to mimic an internet meme entitled Dogecoin. Its market value has now reached more than $2 billion. Dogecoin has broken the $2 billion hurdle just two weeks after reaching the $1 billion mark on Christmas Day. According to CoinMarketCap, the digital currency, originally traded at $0.018773, has now achieved a market capitalization of $2.12 billion. Dogecoin price...
Dogecoin’s Market Cap Surpasses $1B Creators Dismayed
A parody coin named Dogecoin, named after an internet meme depicting a Shiba Inu unleashed from its lead. The cryptocurrency's price increased by more than 400% in the last month. It reached an all-time high above $0.01 on Thursday. It has been almost forgotten since its heyday in 2014. According to CoinMarketCap, the market cap of Dogecoin exceeds $1 billion due...
Bitcoin Cash Rises by 40%
Bitcoin Cash reached its highest market value since the day it split from Bitcoin. Bitcoin Cash, a Bitcoin offshoot, soared after hints that an alternate digital currency can speed up transactions. Its value increased 40% from its original price of $460.53 to approximately $655, according to CoinMarketCap. Also, It's the second-highest price, after $756.93 on August 2nd, when Bitcoin split...
