Justin Sun, the CEO of Tron, the 11th largest blockchain project in the global market valued at $1.6 billion, claimed that the Tron network has better scalability and a more affordable platform for decentralized applications (dApps). Speaking to Investopedia, Sun stated that Tron exceeds Ethereum in terms of infrastructure, network […]
Author: Joseph Young
Analyst Says Bitcoin Severely Lacks Demand, $30 Billion Brokerage Disagrees
Since August 6, for nearly two months, Bitcoin has remained in the $6,500 to $6,800 range, temporarily testing the $6,800 resistance level on two occasions. But other than that, Bitcoin has shown little momentum in the higher region of $6,000. According to Jani Ziedins, a cryptocurrency analyst at Cracked Market, […]
How World’s Largest Crypto Exchange Quadrupled its Valuation to $8 Billion in 1 Year
Coinbase, the largest crypto exchange, brokerage, and custodian solution provider in the global market, is on the verge of securing a $500 million funding round at a valuation of $8 billion. Recode exclusively reported that the exchange is finalizing a deal with Tiger Global, a major New York-based investment firm […]
US Renewable Energy Sources Surpass Nuclear: Will it Affect Crypto Mining?
According to new figures provided by the US Energy Information Administration and obtained by Cleantechnica, an energy-focused publication, renewable energy sources surpassed nuclear energy sources in 2018, which could have a profound impact on the global crypto mining sector. For many years, especially in December of 2017 during the peak […]
How Coinbase Intends to Lure Institutional Investors into the Crypto Market
This week, Wired published a unique insight into the security system employed by Coinbase to lure institutional investors into the crypto space. In July, Coinbase, the world’s largest cryptocurrency exchange and brokerage, announced the formal launch of Coinbase Custody, a custodian solution designed to facilitate large transfers of capital from […]
Why a Respected Analyst Believes Institutional Investors Will Not Commit to Crypto in 2018
Gabor Gurbacs, the director of digital assets at VanEck, recently said it remains uncertain whether institutional investors will commit to crypto in 2018, due to the regulatory burden on the asset class. Price Isn’t Reacting to Positive News Since early August, the cryptocurrency sector has seen some of the most […]
Tinder CTO: Millennials Prefer to Invest in Crypto, Don’t Trust Banks
Brian Norgard, the Chief Technology Officer (CTO) of popular dating app Tinder and an early stage investor in SpaceX and Tesla, has stated that millennials prefer to invest in crypto rather than reserve currencies and conventional assets. Citing a report from CB Insights, Norgard listed the following as being “Millennial investing […]
Lab-Grown Organs Could Save 20 People a Day, Successfully Tested on Living Pigs
On August 1, researchers from the University of Texas Medical Branch released a new paper in the Science Translational Medicine journal, detailing their successful attempt at transplanting lab-grown artificial lungs into living pigs. Bioengineered Organs Could Save 20 Individuals a Day According to the Unified Network for Organ Sharding, more […]
Bithumb Resumes Deposits, Influx of Capital Expected
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling […]
Worms Frozen for 42,000 Years Revived: Can Humans Undergo the Same Process?
A group of researchers led by a team of scientists in Russia and at the prestigious Princeton University discovered two tiny 42,000-year-old nematodes, better known as roundworms, in the frigid north of Russia. How the Worms Were Revived The two worms were said to have died during the Pleistocene era […]
Why an Early Uber and Airbnb Investor Thinks Everyone Should Invest in Crypto
Jeffrey Wernick, an accredited investor and an early stakeholder in Uber and Airbnb, arguably two of the most successful technology startups created in the past decade, believes everyone should invest in crypto as an alternative store of value. Bitcoin Outperformed Every Currency Since 2009 During an interview with Business Insider, […]
10% of Millennials Are Selling Crypto to Afford Their First Home: $2B Real Estate Firm
According to Redfin, a multi-billion dollar real estate company listed on Nasdaq, 10 percent of millennials have sold their crypto holdings to afford their first home. Breakdown of Millennials’ Investment Strategies In March of this year, Redfin surveyed 2,000 US residents to understand the perspectives and concerns of both millennials […]
Extreme AI Surveillance Enables Chinese Schools to Trace Students’ Emotions
Several middle and high schools in China have been utilizing advanced artificial intelligence (AI) and machine learning systems to evaluate the emotions, thoughts, and performance of students in class. The highly sophisticated surveillance system implemented by the Chinese government was introduced in late 2017, according to the BBC. As seen […]
Why Kakao, Korea’s Biggest Internet Firm, Was Forced to Pivot From ICO to DApp
Line and Kakao, two of the largest messaging applications in Asia alongside WeChat, with more than 90 percent of the market share in Japan and South Korea respectively, are battling for dominance in the blockchain sector with unique partnerships and decentralized applications. Last week, Line, a Japanese messaging app that […]
Bill Gates: AI Beating Humans at Dota 2 Is a Huge Milestone for Technology
As an artificial intelligence (AI) bot team developed by Elon Musk’s non-profit AI research company OpenAI defeated a professional team at Dota 2, one of the most popular online video games internationally, technology experts have started to express optimism about the progress that is being made in the AI and […]
Why Apple’s Co-Founder Believes Ethereum Will Outlive the Blockchain Hype
Steve Wozniak, the co-founder of $913 billion technology giant Apple, has said that Ethereum is one of the few blockchain protocols that will outlive the dotcom bubble-esque blockchain hype. Only Bitcoin and Ethereum Will Survive In an interview with CNBC, Wozniak stated that Ethereum has the potential to outlive the […]
Billionaire Novogratz Is Investing Hundreds of Millions of Dollars in Bitcoin and Crypto Startups
Mike Novogratz, a billionaire investor who formerly managed Fortress Investment Group and Goldman Sachs, is said to be investing hundreds of millions of dollars in emerging Bitcoin and crypto startups. Chasing Big Money This week, Business Insider reported that an insider within Mike Novogratz’s cryptocurrency company and investment firm Galaxy […]
Researchers at MIT Create a Robot That Is Controlled by the Human Brain
Researchers at the Massachusetts Institute of Technology’s Computer Science and Artificial Intelligence Laboratory (CSAIL) program have created a robot that can be directed to carry out complex tasks and movements simply by watching the user and receiving signals from the human brain. Robot That Learns From Humans This week, MIT […]