Research: EOS is not a blockchain
The EOS project, which calls itself a blockchain system, is actually a cloud computing service and has nothing to do with decentralization, the researchers found through months of experiments.
Tether confirms bank account on Bahamas
Tether, issuer of controversial stablecoin USDT, has announced that it opened a bank account for $1.8 billion in one of the banks on the Bahamas.
Vitalik Buterin sings song, promises 1000x Ethereum scaling at Devcon 4
Prague hosts the largest conference of developers of Ethereum solutions. Ethereum co-founder Vitalik Buterin held a presentation on the first day. He took part also in singing song about the decent goals of Ethereum devs.
Two Bitmain-affiliated mining pools sabotage SegWit transactions
AntPool and BTC.com are witnessed by refusing to confirm SegWit transactions and, as a result, slowing down the adoption of SegWit capable of scaling the network.
Belgian investment company acquires oldest crypto exchange Bitstamp
The European cryptocurrency exchange Bitstamp was acquired by a little-known investment company from Belgium. The deal was paid in cash, but the amount is not disclosed. It is estimated at $400 million.
Coinbase reportedly eyes IPO with multi-billion valuation
Following major world manufacturers of mining equipment, Coinbase, the US-based cryptocurrency exchange and wallet, set sights on the traditional method to raise financing through public sale of its shares.
Russian largest nickel producer to issue stablecoin
Nornickel, one of the largest nickel producers in the world, announced its plans to issue stablecoin, pegged to precious metals. According to Nornickel, the virtual asset will help to quickly attract funding bypassing long procedures.
Research: more than half of cryptocurrencies are fully centralized
The experts analyzed more than 200 cryptocurrencies and concluded that most of them are fully controlled by their teams of developers.
