Thursday, October 17, 2019

News

Smart Contract Blockchains Are Struggling to Scale

Second generation blockchains were presented as being faster, cheaper, and more scalable than Bitcoin. Third generation chains (basically anything that came after Ethereum)...

Bitcoin Price May Test $7,750 as Selling Pressure Grows

Bitcoin is looking increasingly weak, having closed below $8,000 on rising trading volumes Wednesday. Source link

CFTC Takes Action Against Crypto Options ‘Ponzi Scheme’

Purported crypto and forex investment firm Circle Society is accused by the CFTC of operating like a Ponzi scheme. Source link

Venezuelan Migrants Are Using Bitcoin for Remittances, But There’s a Catch

For many of these bitcoin users, crypto payments are merely a last resort and fiat transfers are still generally easier. Source link

Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound

Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live. Source link...

Samsung SDS Pilots Blockchain-Based Medical Insurance Network

Samsung SDS is expecting to roll out a blockchain-based medical claims processing system this month. Source link

Meet Be.cash: An Offline Bitcoin Cash Sending Tool

On October 13, software developer Tobias Ruck showed off a demo of an offline bitcoin cash (BCH) wallet tool called Be.cash. The concept...

Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies

A poll conducted among university students in China indicates that many of them see a bright future for cryptocurrencies in their country. A...

Telegram Looks to Cut Deal With TON Blockchain Investors After SEC...

Investors can choose to approve the extension or get 77 percent of their money back. Source link

Top Fed Official Says US Central Bank ‘Actively’ Debating Digital Dollar

Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency. Source...