Warren Buffett is not, and won’t ever be into Bitcoin, claims Litecoin’s Charlie Lee

Out of all the promises made over the last decade, the crypto-ecosystem delivered two of them: a volatile market and persistent leadership. Although entrepreneurs have rooted for their own personal agenda, the cryptoverse has witnessed a new era of mutual inclusion. Highlighting this development, a recent podcast featured Litecoin’s Charlie Lee and Blockstream’s Samson Mow. Touching upon […]
The post Warren Buffett is not, and won’t ever be into Bitcoin, claims Litecoin’s Charlie Lee appeared first on AMBCrypto.
Source: AMB Crypto

Decentralization Taking Shape On a New Platform For Dapps and Services

Coinspeaker
Decentralization Taking Shape On a New Platform For Dapps and Services
If any technology seeks to be adopted and widely used, it must have firm foundations to stand on. Credits may well be the solid ground the industry’s many participants have been seeking for turning their developments into reality.
Decentralization Taking Shape On a New Platform For Dapps and Services

Continue reading at Coinspeaker
Source: CoinSpeaker

Mainstream media has misled vulnerable users on the environmental impact of crypto-mining

Crypto’s mainstream adoption has not only unleashed a new paradigm for global finance, but also raised a fresh set of concerns for its sub-ecosystem, crypto-mining. In order to uncover the truth behind the impact of digital mining, Peter McCormack interviewed University of Cambridge’s Michel Rauchs to discuss the institution’s research on Bitcoin’s power consumption and carbon […]
The post Mainstream media has misled vulnerable users on the environmental impact of crypto-mining appeared first on AMBCrypto.
Source: AMB Crypto

PayPal’s new mobile payments app may take the fight to Ripple

Many big-league players have started sorting through improved alternatives for fiat and cryptocurrency transactions. Recently, PayPal followed suit by launching its own mobile payments app, Xoom, in an apparent attempt to compete with Ripple. PayPal catapulted its e-funds transfer service to compete with Ripple, its blockchain-based rival, in the crypto-transactions segment. With Xoom, PayPal aims to […]
The post PayPal’s new mobile payments app may take the fight to Ripple appeared first on AMBCrypto.
Source: AMB Crypto

Ethereum Classic presents roadmap to improve DApp development and overall infrastructure

Experts of the cryptospace are making use of DApp services to simplify the entire blockchain process. Along these lines, Ethereum Classic’s [ETC] core development team has put forth an initiative to revamp its existing ecosystem. Moving forward with an aspiration for refinement, ETC’s team is developing fresh features over blockchain technology, a development that will […]
The post Ethereum Classic presents roadmap to improve DApp development and overall infrastructure appeared first on AMBCrypto.
Source: AMB Crypto

Fear-1, FOMO-0: Cryptoverse exhibits telltale signs of an investment hiccup

The cryptoverse has again found itself at the crossroads of falling market capitalization and sideways price movements, giving birth to a new wave of mixed emotions across the cryptocurrency community. This is also in light of many arguing that the cryptocurrency ecosystem is going through a cleansing process by removing money-hungry players. Mati Greenspan, Senior Analyst […]
The post Fear-1, FOMO-0: Cryptoverse exhibits telltale signs of an investment hiccup appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin, altcoins continue to struggle as correction wave hits vital cryptocurrency market metrics

While the cryptocurrency market’s rollercoaster ride comes as no surprise to its users, the ongoing correction streak, in tandem with U.S. government’s resistance, has fueled the depletion of the cumulative market capitalization. It is in light of all these developments that Altcoin Magazine released its latest edition of the Altcoin Review, tracking the growth and […]
The post Bitcoin, altcoins continue to struggle as correction wave hits vital cryptocurrency market metrics appeared first on AMBCrypto.
Source: AMB Crypto

Vitalik Buterin weighs Bitcoin Cash Vs. Ethereum for network scalability

With the rise in crypto adoption, heavyweights of the crypto ecosystem are moving forward with the aim to improve the existing security standards and speed, in order to gain an edge over others. One of the major influencers in the crypto ecosystem, Vitalik Buterin shared his view to infuse a scalable data layer for detecting […]
The post Vitalik Buterin weighs Bitcoin Cash Vs. Ethereum for network scalability appeared first on AMBCrypto.
Source: AMB Crypto

Catching up or playing catch up? Justin Sun talks about Warren Buffett lunch

While Facebook’s involvement with cryptocurrency has pulled in mainstream attention, it has overshadowed the decade-long innovations led by crypto technologists. In an effort to clear some of this fog, Tron CEO Justin Sun took to the Internet to share his recipe for success amidst the turbulent crypto market. Sharing his first secret, Sun said, “The […]
The post Catching up or playing catch up? Justin Sun talks about Warren Buffett lunch appeared first on AMBCrypto.
Source: AMB Crypto

Wall Street-Backed Blockchain Consortium R3 on Its IPO Consideration

Coinspeaker
Wall Street-Backed Blockchain Consortium R3 on Its IPO Consideration
Blockchain consortium startup R3 is said to be considering an Initial Public Offerings (IPO). Sources familiar with the report reveals that R3 is in talks with an adviser over a potential public listing.
Wall Street-Backed Blockchain Consortium R3 on Its IPO Consideration

Continue reading at Coinspeaker
Source: CoinSpeaker

Samsung Joins Forces with Telcos and Banks for a Blockchain Consortium in South Korea

Coinspeaker
Samsung Joins Forces with Telcos and Banks for a Blockchain Consortium in South Korea
Samsung Electronics together with South Korean banks and telcos formed a consortium to create a new blockchain network.
Samsung Joins Forces with Telcos and Banks for a Blockchain Consortium in South Korea

Continue reading at Coinspeaker
Source: CoinSpeaker

It’s game over for gold; crypto assets to capture a meaningful portion of $8 trillion gold market: Barry Silbert

Although financial systems have built on gold’s enormous usability and scarcity, Barry Silbert believes that handing over the wealth to the future generations will involve less use of the highly-valued metal. Arguing that gold shouldn’t weigh down a modern investor’s portfolio, he said: “It’s game over (for gold). Digital currencies like bitcoin are the future. […]
The post It’s game over for gold; crypto assets to capture a meaningful portion of $8 trillion gold market: Barry Silbert appeared first on AMBCrypto.
Source: AMB Crypto

Max Keiser hints at the coming of a Monero-BTC duopoly in cryptospace

Given the plethora of coin offerings with niche differences, it is no secret that the financial ecosystem will be ultimately home to only a handful of names. In this effort, businesses have started rebuilding their ecosystems to ensure their coin maintains its future-ready status amid the rising competitions. Contrary to popular belief, prominent crypto enthusiast […]
The post Max Keiser hints at the coming of a Monero-BTC duopoly in cryptospace appeared first on AMBCrypto.
Source: AMB Crypto

Turkey Plans to be the First Country to Issue Central Bank Cryptocurrency

Turkey has been facing economic challenges with the sovereign currency declining rapidly in 2019. During these tumultuous times, cryptocurrency remains the only viable way to move money out from the effect of inflation.
The Eleventh Development Plan 2019-2023 in Turkey has proposed the formation of Blockchain-based central bank money. Reportedly, the Commission also planned to encourage the securitization of assets in the banks. After Venezuela, which has introduced a currency backed by its Oil reserve – ‘petro,’ this will be the first cryptocurrency backed by a Federal Central Bank.
Dovey Wan, Crypto-analyst and trader tweeted,
Turkish Central bank rushing into the CBDC [Central Bank Digital Currency] game …
The Country will also look to establish stronger Financial ties in Europe with monetary funds, international payments systems, and new tax systems. The country is advocating the digitalization of lease certificates, stock portfolios, and product deeds as well.
Reportedly, about than 18% of the Turkish citizens own cryptocurrencies. According to CoinLib, the volume of the influx of money from Turkey in cryptocurrencies is about 50% of that in the UK.
Currency-wise Volume in Cryptocurrencies (CoinLib)
Moreover, apart from the economic power-houses like USD, EUR, YEN, YUAN and British Pound, Turkish Lira and South African Won were to only two other currencies in the top.
Hence, while the Government will try to push its cryptocurrency, it would not be any different than the Turkish Lira. The Venezuelan Government is facing a similar problem as the Government is trying to promote ‘petro’ adoption, the citizens are preferring Bitcoin, Bitcoin Cash [BCH], Dash and Litecoin [LTC] for making payments and investments.
Furthermore, the rising interest of cryptocurrencies in Turkey seems to have influenced the Government. However, if the citizens continue to hold cryptocurrencies, the Government will be forced to review their policies again.
Jan Dehn, the head of research at Ashmore, recently told the media that the Turkish President, Tayyip Erdogan has risked the economy into an economic collapse similar to those in Latin countries. The expert suggested nationalization of the private sector and Capital Control as the solution.
Do you think that Turkey will be able to regain Capital Control with the Central Bank cryptocurrency? Please share your views with us.
The post Turkey Plans to be the First Country to Issue Central Bank Cryptocurrency appeared first on Coingape.
Source: CoinGape

Max’s Corner: Seeing through the “Blockchain not Bitcoin” Meme

Coinspeaker
Max’s Corner: Seeing through the “Blockchain not Bitcoin” Meme
In this edition of Max’s Corner Max responds to an op-ed that criticizes hypocritical and illogical corporate attitudes towards cryptocurrency.
Max’s Corner: Seeing through the “Blockchain not Bitcoin” Meme

Continue reading at Coinspeaker
Source: CoinSpeaker