Dubai-based Emaar Properties to Roll out Its Customized Token

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Dubai-based Emaar Properties to Roll out Its Customized Token
The Dubai-based real estate developing firm, Emaar Group, is planning to launch its native token EMR later this year.
Dubai-based Emaar Properties to Roll out Its Customized Token

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Source: CoinSpeaker

Bank of America Tests Ripple’s DLT but Has No Plans to Use XRP Yet

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Bank of America Tests Ripple’s DLT but Has No Plans to Use XRP Yet
Without loud announcements, Bank of America has conducted testing of Ripple’s distributed ledger technology. And it may seem that it won’t stop at this stage.
Bank of America Tests Ripple’s DLT but Has No Plans to Use XRP Yet

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Source: CoinSpeaker

Meet Matic Network – The Most Talked About ETH Scaling Solution

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Meet Matic Network – The Most Talked About ETH Scaling Solution
Matic Network provides scalable, secure and instant Ethereum transactions using Plasma side chains and a Proof-of-Stake network.
Meet Matic Network – The Most Talked About ETH Scaling Solution

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Source: CoinSpeaker

U.S. Congressman Says Facebook is Better Off Adopting Bitcoin than Struggling for Libra

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U.S. Congressman Says Facebook is Better Off Adopting Bitcoin than Struggling for Libra
U.S. Congressman Warren Davidson believes that Bitcoin will bring more benefits to Facebook than its own crypto project Libra.
U.S. Congressman Says Facebook is Better Off Adopting Bitcoin than Struggling for Libra

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Source: CoinSpeaker

CoinMarketCap Launches First Crypto Interest Rates Comparison Product on Site

CoinMarketCap aims to democratize information related to interest rates, making it easy to find venues for earning and borrowing cryptoassets.
NEW YORK, OCT 17, 2019 – CoinMarketCap, the world’s most used cryptocurrency information resource for cryptoassets and crypto exchanges, is announcing an entirely new addition to their site today. The new product, Interest by CoinMarketCap, ranks the most popular platforms for depositing and borrowing cryptoassets according to their interest rates.
Interest by CoinMarketCap is launching with 33 cryptoassets. Each cryptoasset is listed together with wallets, exchanges and decentralized finance platforms that provide interest products on that cryptoasset. Users can find corresponding annualized interest rates, the minimum duration for a deposit before realizing returns, start times of deposit offerings, as well as a description of each platform and its offerings.
“We are excited by the growing interest (pun intended) globally in the uses of cryptocurrencies beyond trading or holding them,” said Carylyne Chan, Chief Strategy Officer of CoinMarketCap, “With this product, we hope to create a one-stop resource for users to find out where to save, earn, borrow and margin-trade with their cryptocurrencies.”
In traditional finance, users deposit their money into banks in exchange for earning interest, and the banks in turn loan the funds to others and charge interest for borrowing. This demand for funds from borrowers creates the opportunity for users to gain interest using the assets they own. 
Likewise, in the cryptocurrency industry, there has been a rise of platforms that allow users to deposit their cryptoassets for a fixed period of time. The platforms go on to loan the deposited cryptoassets to companies and users who may use it for margin trading, hedging, or as working capital.
Additionally, Interest by CoinMarketCap includes Decentralized Finance (DeFi) platforms, where the platforms have no direct control over the assets deposited or loaned, and operates everything via smart contracts on the blockchain. This alleviates the centralized concerns around other platforms but has the drawback of volatility in its interest rates. With the Interest product, CoinMarketCap hopes to provide more exposure to DeFi platforms and make it simple for users to keep an eye on changes in interest rates on various DeFi platforms.
Against a backdrop of crypto financial applications and increasing trading activity in derivatives, CoinMarketCap believes that this product will address the interest of its users for quick information about interest rates. CoinMarketCap will continue to add useful features and details, such as each platform’s insurance scheme, licensing, regulatory environment, and more.
CoinMarketCap will also be launching more new products at its inaugural conference, The Capital, in Singapore on November 12-13.
During embargo time, you may take an early look at Interest here: https://beta-rates.coinmarketcap.com 
The post CoinMarketCap Launches First Crypto Interest Rates Comparison Product on Site appeared first on Coingape.
Source: CoinGape

Libra Exec Is Confident Association Will Hit 100 Members before Official Launch

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Libra Exec Is Confident Association Will Hit 100 Members before Official Launch
Libra’s interim managing director is quite sure the team will reach its goal of a hundred members by next year.
Libra Exec Is Confident Association Will Hit 100 Members before Official Launch

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Source: CoinSpeaker

Telegram Might Postpone Issuing Its Gram Tokens till 2020

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Telegram Might Postpone Issuing Its Gram Tokens till 2020
According to the current reports, Telegram is seriously considering the temporary abandonment of its plans to issue Gram tokens due to problems with the SEC.
Telegram Might Postpone Issuing Its Gram Tokens till 2020

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Source: CoinSpeaker

Is Samsung on the Verge of Partnering with Justin Sun?

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Is Samsung on the Verge of Partnering with Justin Sun?
The crypto community is waiting for Samsung Developer Conference with bated breath. Will Samsung-Tron partnership be announced or it is not more than rumors?
Is Samsung on the Verge of Partnering with Justin Sun?

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Source: CoinSpeaker

Over 1000 Coins Dead In 8 Years: Long Hash Report

A recent study has revealed how the crypto ecosystem is becoming free from a collection of coins affiliated with projects with little or no business proposition, market traction, and ready products, more commonly known as “shitcoins”. According to the study, more than 1000 cryptocurrencies are now dead!
There Are Top Coins, Shitcoins And Dead Coins
According to a recent report, an average of 1000 cryptocurrencies has become extinct within the crypto ecosystem in 8 years. The publication featured reports from at least 3 other coin rating websites which make use of various collections of metrics to identify the usability and market performances of more than 2600 existing cryptocurrencies and use the results of the same to categorize these coins along the lines of priorities ranging from ” Top” coins to “shitcoins” then to the extreme “dead coins”.
According to the survey,
Cointopsy currently lists 705, DeadCoins lists 1,779, and CoinMarketCap lists over 1,000 projects with less than USD $1,000 per day in trading volume, which certainly puts them in the category of “dying” if not “outright dead.”

The numbers of dead coins within 8 years came to be derived amid varying factors like period of project survival, daily trading volumes of coins and coin popularity. In terms of a period of survival, according to Cointopsy, many dead projects survived only about 12 months. Going by their supposed “start” and “end” date, abandoned projects, those which actually kick-off but eventually lost investor’s interest were reported to last longer. This kind of project, according to the survey lasted for about 18 months. Failed coins last 14 months while scamming coins, 12 months.
Why There Are So Many Dead Coins?
The report lists a series of factors responsible for the death of cryptocurrencies. The most important being “death by abandonment”, other factors include outright scam projects. According to findings, some popular scam projects were perpetrated repeatedly by the same set of scammers presenting a couple of projects.
Source: Longhash
A typical example, according to the survey was to bitcointalk forum members; named “Crunck” and someone named “Daniel Mendoza” is each named as having founded three different dead alleged scam projects on the list (although again, this data is curated from crowd-sourced suggestions and may not be accurate).
The post Over 1000 Coins Dead In 8 Years: Long Hash Report appeared first on Coingape.
Source: CoinGape

DeFi applications Contributed More Than 2.275 million ETH in Q3: Report

While the second quarter of Ethereum application users was not such an active one, the wave of DeFi (Decentralized Finance) has brought in more than 310,000 new users.
MakerDao and Nest Are The Leading Defi Apps
DeFi applications have contributed more than 2.275 million Ethers in the third quarter. Also, these applications account for more than 58% of all Ethereum applications. The former’s revenue has exceeded more than $525 million in the quarter, with decentralized financial applications in Ethereum accounting for total financial transactions. Leading DeFi apps on Ethereum include MakerDao and Nest. 
MakerDAO is a decentralized credit platform on Ethereum that supports Dai, a stablecoin pegged to USD.  As of March 2019, only ETH can be used as collateral. A planned upgrade to Multi-Collateral Dai is likely to add support for other assets. 
Source- DeFi Pulse
Whereas the Nest dApp supports mutual mortgage lending between mainstream Ethereum assets such as Ethereum(ETH), Tether(USDT), Maker Dao(MKR), DAI, Basic Attention Token (BAT), Omise Go(OMG), and the LOOM token. 
Source- dapp.com
 
Q3 Witnessed More than 500,000 New Users
Also, Q3 saw more than 500,000 new users who started using decentralized applications. Of which more than 138,000 (27.6%) of them started using financial services applications, and 170,000 ( 34%) of them still entered the application field due to gambling applications.
Drop-in dApp Transaction Volume
Also, a recent report by decentralized app platform dapp.com released a few days back found that dapp transaction volume has dropped on major blockchain ecosystems by almost 40 percent compared to last quarter. The figures have plummeted from $3.28 billion to $2.03 billion, despite huge growth in the decentralized finance (DeFi) industry. 
The report analyzed six major blockchains. These included Ethereum, EOS, TRON, Steem, TomoChain, and IOST. Reportedly, these blockchains have the most active users in the market. 
The report revealed that 150 dApps were launched in Q3 which is far less than the average amount of dApps released every month during the first half of the year- 165 apps per month.
Will DeFi continue to have the same success in Q4? Let us know, what you think in the comments below! 
The post DeFi applications Contributed More Than 2.275 million ETH in Q3: Report appeared first on Coingape.
Source: CoinGape

Top 5 Pain Points of Companies and How Blockchain Can Solve Them

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Top 5 Pain Points of Companies and How Blockchain Can Solve Them
In this article, we’re going to explore the challenges of managing Enterprise IT infrastructure, how blockchain helps Enterprise IT infrastructure, and unique challenges of integrating blockchain technology into your organization
Top 5 Pain Points of Companies and How Blockchain Can Solve Them

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Source: CoinSpeaker

After Paypal, Mastercard, Visa, Stripe and eBay Abandoned Facebook’s Libra

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After Paypal, Mastercard, Visa, Stripe and eBay Abandoned Facebook’s Libra
Mastercard, Visa, eBay, Stripe and Mercado Pago have all pulled out of the Facebook-led Libra Association following PayPal, which pulled its own support of the project earlier this week.
After Paypal, Mastercard, Visa, Stripe and eBay Abandoned Facebook’s Libra

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Source: CoinSpeaker

Breaking: SEC Orders to Halt Telegram’s $1.7 Billion Gram Token Sale

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Breaking: SEC Orders to Halt Telegram’s $1.7 Billion Gram Token Sale
Telegram faces a major roadblock in releasing its Gram tokens on the native TON network as the SEC slaps a restraining order on its token-sale calling its “unlawful”.
Breaking: SEC Orders to Halt Telegram’s $1.7 Billion Gram Token Sale

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Source: CoinSpeaker

4 Best Blockchain Conferences to Attend in Q4 2019

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4 Best Blockchain Conferences to Attend in Q4 2019
Here are the brightest events in the blockchain industry that are scheduled for the coming months. They will help you to stay up-to-date with the newest developments.
4 Best Blockchain Conferences to Attend in Q4 2019

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Source: CoinSpeaker

Neo Banking Solution Startup Juno Raises $3 Million in Financing Round

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Neo Banking Solution Startup Juno Raises $3 Million in Financing Round
Neo banking platform Juno which is said to help Asia to lead digital asset adoption has managed to raise $3 million from a row of prominent investors.
Neo Banking Solution Startup Juno Raises $3 Million in Financing Round

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Source: CoinSpeaker