Category: transactions

Four Banks Successfully Test New Blockchain Platform for Processing Promissory Note Loans

A group of four banks have successfully issued a promissory note — a type of legally binding loan agreement — through a new blockchain platform, a news release on May 21 announced. The financial institutions used finledger to complete the transaction. According to Helaba, one of the banks involved, the platform reduces the […]

Platform Allows Users to Send and Receive Cryptocurrency With Gadget of Their Choice

The team behind a private digital currency for secure payments says its goal is to make every consumer their own bank — enabling them to send and receive crypto with the gadget of their choice. Xeonbit says its peer-to-peer technology ensures that every user’s accounts and transactions are “out of […]

Stellar Lumens Network Halt: Trading Off Double Spends for Downtime

The Stellar Lumens Network came to a grinding halt after network validators were unable to reach consensus. The Stellar Development Foundation revealed the measures they will take to reduce such downtime in a blog post, May 17, 2019. Stellar Network Went Down for an Hour On May 15, 2019, the […]

Cornell Uni’s Emin Gun Sirer Debuts Ava Blockchain Following $6 Million Investment

Emin Gun Sirer, a professor at Cornell University and a major global blockchain expert, will launch his own cryptocurrency and blockchain network, Bloomberg reported on May 16. Sirer, the creator of the first crypto based on proof-of-work (PoW) — Karma System — is now planning to launch a blockchain network […]

Crypto Platform Says It Launches Two Products to Challenge Banks and Empower Customers

A “next-generation” mobile payment platform has unveiled two products that are designed to help users smartly manage money matters and enjoy “greater financial empowerment.” Crypto.com’s first new offering, Crypto Earn, gives the public “the freedom to grow their assets.” Available through the platform’s flagship app, the service allows users to […]

Stellar Node Outage Causes Two-Hour Complete Transaction Freeze

Blockchain network Stellar (XLM) stopped confirming transactions for two hours on May 15, executives confirmed following a user post on social media. Stellar, whose lumens token is currently the eighth-largest cryptocurrency by market cap, went down entirely for around 110 minutes Wednesday. The cause, it appears, was a mass offlining […]

Bitcoin Cash Experiences Bug During Scheduled Hard Fork Upgrade

In the course of a planned hard fork update, the bitcoin cash (BCH) network experienced difficulties processing transactions, cryptocurrency exchange BitMEX tweeted on May 15. Following the expected fork at block 582,680, the network purportedly began to experience issues with transactions. BitMEX said that the number of transactions per block […]

Fundamental Analysis – May 13th 2019

Fundamental analysis examines various factors underlying the value of cyptoasset. Fundamental analysis seeks to know whether a cryptoasset is undervalued or overvalued. In traditional securities analysis that would include financial factors such as cash flow, but in crypto we would look at different factors intrinsic to these types of technologies. […]