Tag Archives: Neo

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

Merged mining, or Auxiliary Proof-of-Work for the more technical crowd, is the process of mining two separate cryptocurrencies at the same time. Although not as popular as traditional Proof-of-Work or even Proof-of-Stake consensus algorithms, some projects have implemented merged mining to ‘piggyback’ off more secure networks as they grow. Although he didn’t include it in the […]

NEO Jumps Over 5% to $16, Unfazed by Its Network’s Congestion

NEO Jumps Over 5% to $16, Unfazed by Its Network’s Congestion

NEO, a top cryptocurrency “designed to build a scalable network of decentralized applications,” has recently seen its price jump over various factors, including token airdrops and the upcoming launch of a new decentralized exchange (DEX). According to CryptoCompare data, NEO’s price has jumped 5.33% in the last 24-hour period, as the cryptocurrency is now trading at $16.21. […]

Cryptocurrency Market Update: More Sideways Inactivity, Altcoins Immobile

Cryptocurrency Market Update: More Sideways Inactivity, Altcoins Immobile

Sideways trading for another day; Stellar and Neo slowly moving up, 0x dropping back. Crypto markets are slowly losing ground as gains made during last week’s Tether induced pump are slowly being eaten away. Market capitalization has retracted slightly from the same time yesterday but is still just above $210 billion at the moment. Bitcoin […]

NEO vs TRON: How NEO Lost a $170 Million Bid to Buy BitTorrent

NEO vs TRON: How NEO Lost a $170 Million Bid to Buy BitTorrent

When TRON founder Justin Sun announced his successful acquisition of BitTorrent in July, it was euphoric news for TRON supporters and adversely a suspicious eyebrow raiser for TRON critics. BitTorrent, a file sharing protocol that enables users to download one file from multiple other users in portions was founded in 2004 by Cohen and Ashwin […]

More than Half of Top 100 Cryptos Have No Utility: Report

More than Half of Top 100 Cryptos Have No Utility: Report

Less than 50% of cryptocurrencies provide any real value or any useful function to the users, a research report by Invest in Blockchain claims. Among the top 100 most valuable cryptocurrencies (by market capitalization) covered in the study, only 36 were found to have working products. The Working Product Dilemma Since there is no clear definition of a “working product” […]

Investment Firm Morgan Creek Launches Digital Asset Index Fund Excluding Pre-Mined Cryptos

Investment Firm Morgan Creek Launches Digital Asset Index Fund Excluding Pre-Mined Cryptos

Morgan Creek Digital, backed by the institutional investment house Morgan Creek Capital with $1.5 billion in assets under management , has launched a new Digital Asset Index Fund in partnership with Bitwise, Forbes reports August 28. The new fund will give accredited investors, endowments, pensions and other approved institutional investors the possibility to gain indirect exposure to […]

SEC Could Approve Bitcoin ETF 18 Month Away – Says Crescent Crypto’s CEO

SEC Could Approve Bitcoin ETF 18 Month Away – Says Crescent Crypto’s CEO

Ali Hassan, co-founder, and CEO of Crescent Crypto Asset Management was interviewed by Bloomberg Markets. Upon being asked about Bitcoin ETF, Hassan was very candid in mentioning that there is a possibility of SEC approving the Bitcoin-only ETF in the next 18 months. Investor Protection a key hurdle for SEC clearance According to Hasaan, the […]