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Blockchain-Based Company in Korea Aims To Make Blockchain Faster

As per the local news outlet Joongnag every day, a blockchain corporation based in Korea believes that it has discovered what it takes to modernize blockchain technology and produce even faster pace to the manner that transactions are being performed. A blockchain company, SymVerse that was initiated in advance this year, held an occasion and hosted a protest on November 28, 2018. The CEO of SymVerse, Choi Soo-hyuk, calls the enterprise’s platform “the correct community to function decentralized programs. Our community is an all-in-one platform characterized with the aid of a multi-blockchain shape, which enables better speeds and features.” As per the report, the corporation’s blockchain platform can assist transactions at a miles faster pace, as its execution doesn’t require smart contacts. The snail speed at which blockchain methods transactions have been seen as one of the major barriers to its wide-size adoption. But, SymVerse, with its quick and powerful version ...

Report: Bitcoin Use in Payments Collapsed This Year

Bitcoin (BTC) use for commercial payments has reduced meaningfully this year, as per a study by Chainalysis stated by Reuters Nov. 20. To prepare the study, C analysis allegedly surveyed 17 Bitcoin payment processors. The amount of BTC handled by major payment processors supposedly dipped by almost 80 percent from the commencing of the year to September. The analysis of individual payment processors’ figures allegedly portrays a downward trend. At Canadian firm Coin payments, the value of transactions has plummeted by more than half between January and October 2018, Reuters reports, mentioning data from blockchain analysis site OXT. Lex Sokolin, global director of fintech strategy at research firm Autonomous Next, stated that “Bitcoin payments processing is seeing a slow but consistent decline.” Comprehensive data on the leading digital currency used for payments is apparently not consistent since trades with other currencies are commonly comprised together with its ...

Bitcoin Price to Hit $2,000!!

Just days ago, as reported by Ethereum World News, Arthur Hayes, the CEO of Hong Kong-headquartered Bit-MEX, told Yahoo Finance that the lack of volatility in Bitcoin (BTC) could continue into 2019 (and potentially 2020). The long-time crypto pundit went on to cite his trading experience as the catalyst behind this prediction, alluding to the theory that Bitcoin’s “nuclear bear market” in 2014 and 2015 may be replicated today. Following Yahoo Finance’s report, Hayes and the researchers under him revealed further bearish sentiment, issuing an analysis of the crypto market in Bit-MEX’s most recent edition of “Crypto Trader Digest.” The report’s Bit-coin analysis segment, which was subtitled “Bear Market Blues,” first explained that “humans are very bad forecasters,” adding that 2017’s monumental run-up in Bit-coin price — which saw the digital asset move from $900 to just shy of $20,000 — will likely not be replicated until 2019 at the earliest. Hayes then added that a...

Report: SEC Expands Crackdown on ICOs, Regulatory Ambiguity Remains

The U.S. Securities and Exchange Commission (SEC) has extended its crackdown on Initial Coin Offerings (ICOs), putting “hundreds” of projects in danger, as per a recent joint investigation by Yahoo Finance and Decrypt Media reported on Oct. 10. The authors of the report focused that hundreds of crypto and blockchain startups that conducted token sales The U.S. Securities and Exchange Commission (SEC) has extended its crackdown on Initial Coin Offerings (ICOs), putting “hundreds” of projects in danger, as per a recent joint investigation by Yahoo Finance and Decrypt Media reported on Oct. 10. The authors of the report focused that hundreds of crypto and blockchain startups that conducted token sales have ultimately found that they had disrupted securities laws in-spite of their endeavors to comply with regulations. In reply to SEC pressure, thousands of firms have allegedly “quietly agreed” to repay investors’ money and pay fines, relatively than attempting to reach a legal...

Brave(ly) Taking on Google over Data Privacy Concerns

Brave, a privacy-driven browser, and other plaintiffs have lodged complaints in Britain and Ireland against Google and other companies citing end-user data negligence. Our world today seems to be fueled by how much of ourselves we can put out there. Personal and heartfelt Instagram posts, selfies, live streaming the birth of your child on Facebook Brave, a privacy-driven browser, and other plaintiffs have lodged complaints in Britain and Ireland against Google and other companies citing end-user data negligence. Our world today seems to be fueled by how much of ourselves we can put out there. Personal and heartfelt Instagram posts, selfies, live streaming the birth of your child on Facebook (it does actually happen), you get the picture. These are things that we  choose to share with the world. We control our own level of privacy. Privacy is Key However, according to  Reuters , Brendan Eich believes that some corporations are not as careful with our...