Friday, July 6, 2018

CryptoCurrency News: Tezos Investors Got a Chance to Sell This Week – And They Took It

Tezos' price dropped by a third in its first 24 hours of trading as a real token, rather than an IOU.

via CoinDesk

CryptoCurrency News: Cloud Provider Xunlei Launches Blockchain File System

Xunlei Limited announced that it has launched a distributed file system called ThunderChain File System (TCFS) for its blockchain platform.

via CoinDesk

CryptoCurrency News: Crypto Exchange Gemini Hires Former NYSE Tech Chief

Crypto exchange Gemini has hired former NYSE chief information officer Robert Cornish to serve as its first chief technology officer.

via CoinDesk

CryptoCurrency News: Bitcoin's Price Declines Over Q2 for First Time on Record

CoinDesk's looks at bitcoin's price performance over Q2 2018, finding that the crypto asset underperformed according to historical data.

via CoinDesk

CryptoCurrency News: Facebook Has a New Director of Engineering for Blockchain

Facebook is getting even more serious about blockchain, appointing a new director of engineering to focus on the technology.

via CoinDesk

CryptoCurrency News: Bernstein: No, Crypto Markets Aren't Like the Dot-Com Bubble

Cryptocurrency and blockchain developers are building "parallel financial networks," according to a new report by Alliance Bernstein.

via CoinDesk

CryptoCurrency News: Stuck Between Key Chart Points, Bitcoin Price Seeks Direction

Bitcoin is reporting a $400 trading range and an upside breakout would signal a resumption of the rally.

via CoinDesk

CryptoCurrency News: Swiss Stock Exchange to Tokenize Securities In New DLT Platform

Switzerland's principal stock exchange will build a blockchain-based platform to tokenize traditional securities for further trading and settlement.

via CoinDesk

CryptoCurrency News: Ethereum's Growing Gas Crisis (And What's Being Done to Stop It)

The ethereum network is seeing new levels of congestion with rising use, a development that is spurring proposals for technical improvements.

via CoinDesk

CryptoCurrency News: MakerDAO Pilots Stablecoin With TradeShift to Speed Up Payments

MakerDAO is partnering with TradeShift to test how its stablecoin DAI can help to speed up the payment process for small businesses.

via CoinDesk

CryptoCurrency News: Report: Mining Giant Bitmain Valued at $12 Billion in New Funding Round

Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion. 

via CoinDesk

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