Blythe Masters Steps Down as CEO of Digital Asset

Blythe Masters, the CEO of Digital Asset, a tech company that builds products on distributed ledger technology (DLT), has stepped down, according to an announcement published Dec. 18. Per the announcement, Masters has requested to leave for personal reasons after three years of serving at the company. Masters will purportedly stay active in Digital Asset’s …

Blockchain Network With Dynamic Fees Says It Triples TPS, Overpassing Ethereum and Bitcoin

Blockchain network ARK has released Core V2, the second version of its core system. “ARK was forked seamlessly in the background and the code is now fresh,” the startup says. The company emphasizes that ARK has become “the first and the only” delegated proof-of-stake-based (DPoS) service with dynamic fees. The users decide how much they …

Hong Kong Stock Exchange Calls Alleged Bitmain IPO Hesitation ‘Rumors’

A Hong Kong Stock Exchange (HKEX) spokesperson has called Bitmain’s alleged hesitation around a purported initial public offering (IPO) “rumors,” in an email to Cointelegraph Dec. 17. When asked for verification and details on the crypto mining firm’s IPO status, the spokesperson responded that “HKEX does not comment on rumors.” Blockchain and crypto media had …

Overstock Subsidiary tZERO to Develop Smart Contract Token for Rare Metals Sale

Private equity firm GSR Capital has contracted Overstock.com Inc.’s subsidiary tZERO Group Inc. to develop a smart contract token for a sale of cobalt, according to a press release published Dec. 17. tZERO and Hong Kong-based GRS Capital’s partnership is focused on developing an ecosystem in Asia for tokenized commodity purchase contracts that would purportedly …

Ethereum Unique Addresses Break 50 Million, Active Wallet Number Keeps Dropping

The number of unique Ethereum (ETH) wallet addresses has broken 50 million on Saturday, Dec. 15, according to data from the ETH BlockExplorer Etherscan. Number of unique Ethereum addresses on Dec. 15, 2018. Source: Etherscan.io On Saturday, the Ethereum network saw a daily increase of 168,506 unique crypto wallets, following a steady growing trend this …

All Top Cryptos See Gains, Bitcoin Nears $3,300

Sunday, Dec. 16: the top 20 cryptocurrencies are all in the green, seeing a mix of slight to solid gains, with Bitcoin (BTC) hovering over $3,200. Market visualization from Coin360 At press time, Bitcoin is up a little less than two percent over the last 24 hours. On the weekly chart, the current prices are …

Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO

The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13. Speaking on the reasons behind Bitcoin’s current value, compared to its historic price highs, Pair told reporters: “A very big component of the [Bitcoin’s] price …

Business Models Should Be ‘Re-Imaged’ for Blockchain, Says Barclays Rep

A Intrapreneur from financial services giant Barclays has expressed the idea that blockchains should be built with regulatory compliance in mind, tech news website The Next Web (TNW) reported Dec. 14. Speaking at a Hard Fork Decentralized event, Barclays’ Julian Wilson stated that when building blockchains, developers need to “reconfigure our approach and way of …

From South Korea to IBM Food Trust

2018 has witnessed a steady increase in the number of food manufacturers and retailers using blockchains to enhance their operations. From tracking the quality of food to facilitating international trades in grain, blockchain technology has been turning up repeatedly in recent months; and while many deployments of such tech have been conducted on a trial …