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Blockchain Startup Takes On Mainstream Crowdfunding Sites To Cut Number Of Failed Projects

Blockchain Startup Takes on Mainstream Crowdfunding Sites to Cut Number of Failed Projects

A new blockchain platform is vowing to take on established crowdfunding sites — and argues that their lack of accountability means greater numbers of projects fail to deliver what they promised.Pledgecamp says its approach involves offering transparency through the form of smart contracts — and ensuring that entrepreneurs and the platform they host their projects on…
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Owner Of Indeed And Glassdoor Job Search Engines Invests In Privacy Coin Project Beam

Owner of Indeed and Glassdoor Job Search Engines Invests In Privacy Coin Project Beam

Japanese employment information services company Recruit Co., Ltd. has invested in a blockchain-focused company Beam Development Limited, according to an announcement published on Feb. 18.Per today’s press release, Recruit has invested in Israeli blockchain startup Beam Development Limited. The investment was made through Recruit’s $25 million fund called RSP Blockchain Tech Fund Pte. Ltd. The…
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Blockstream Publishes Schnorr-Based Test Code For Bitcoin Blockchain Upgrade

Blockstream Publishes Schnorr-Based Test Code for Bitcoin Blockchain Upgrade

The Schnorr-based multi-signature scheme MuSig, a test code for a potential upgrade to the Bitcoin (BTC) blockchain, has been released by blockchain tech firm Blockstream, according to an announcement published on Feb. 18.Last January, four Bitcoin developers released a paper outlining how Schnorr multi-signatures (‘multisig’) could help scale the Bitcoin blockchain, saying that the technology…
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Bitmain Unveils Its Latest Energy-Efficient Mining Chip For Bitcoin

Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin

China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397. Beyond energy efficiency, the new mining processor promises to achieve faster performance for mining cryptocurrencies that use the SHA256 algorithm for their proof of work…
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Privacy Crypto Beam Gets Funding From ‘Japanese LinkedIn’ Recruit

Privacy Crypto Beam Gets Funding from ‘Japanese LinkedIn’ Recruit

news Privacy-oriented cryptocurrency startup Beam has secured an undisclosed amount of funding from “Japan’s equivalent to LinkedIn” Recruit Co., Ltd. Recruit announced the news Monday, stating that the investment is through its $25 million-sized RSP Blockchain Tech Fund, which was set up last November. Beam also confirmed the investment in a Tweet Monday, stating that…
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Major Chinese University Launches Blockchain Research Center

Major Chinese University Launches Blockchain Research Center

One of the most selective universities in China, Fudan University, has opened a blockchain research center, according to an announcement published on Feb. 15.Per the announcement, Fudan University established the Shanghai Blockchain Engineering Technology Research Center in collaboration with Zhongan Online Property Insurance Co., Ltd. and Shanghai Zhongren Information Technology Co., Ltd.The center will purportedly…
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Report: Bitcoin Unable To Solve Problems Of Traditional Payment Systems

Report: Bitcoin Unable to Solve Problems of Traditional Payment Systems

An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy General Director for financial innovations and market infrastructure, Carlos Colesa, gave his opinion on the leading cryptocurrency in a report published on Sunday, Feb. 17.The study dubbed…
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Blockstream Releases Test Code For Proposed Bitcoin Tech Upgrade Schnorr

Blockstream Releases Test Code for Proposed Bitcoin Tech Upgrade Schnorr

news Schnorr signatures, a code change likely to be one of the biggest coming upgrades to bitcoin, have now gone from a theoretical idea to real code courtesy of technology startup Blockstream. Announced Monday, Blockstream has added a technology known as “MuSig” to its test cryptographic library, making it possible for developers to tinker with…
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Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 18

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 18

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.CNBC commentator and CEO of digital currency investment firm BKCM LLC,…
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