Month: February 2019

Tesla’s big news event for today was dominated by the official unveiling of the long-awaited $35,000 Model 3. Excitement over the new low-cost sedan was sapped, however, after Elon Musk delivered disappointing news about Tesla’s profitability prospects. Tesla Unveils $35,000 Model 3 $35,000 Tesla Model 3 Available Nowhttps://t.co/xZ0J4rbbgM — Tesla (@Tesla) February 28, 2019 The
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Two long-anticipated upgrades appear to have officially activated on the ethereum blockchain, the world’s second-largest by market value, without incident. At 19:57 (UTC), the sixth and seventh system-wide upgrades to the software, dubbed Constantinople and St. Petersburg, respectively, rolled out on the main network at block number 7,280,000. As seen on blockchain monitoring website Fork Monitor, there is
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Facebook’s blockchain team has made a significant amount of progress on its secretive cryptocurrency project since Bloomberg first reported that the company was building a dollar-pegged stablecoin. So much progress, in fact, that you may soon find the WhatsApp-focused cryptocurrency listed on a bitcoin exchange near you. Facebook Has Already Met with Bitcoin Exchanges to
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Reports of suspicious cryptocurrency transactions in Japan soared last year, the country’s police agency has said. According to an article in The Japan Times on Thursday, the National Police Agency (NPA) has released data indicating that cryptocurrency exchanges reported 7,096 cases of suspicious transactions in 2018. That figure is a hefty 961 percent greater than the
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Dogecoin creator Jackson Palmer doesn’t think the blockchain’s progression is anything like that of the Internet, in a tweet from Wednesday. Palmer said it’s “dishonest” to compare the two, citing the “user demand” and “market fit” of the Internet after 10 years of development. Jackson Palmer Says Bitcoin Adoption Nothing Like the Internet It’s plainly
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Bitcoin or another cryptocurrency won’t supplant PayPal and credit cards as payment options yet, but they could in due time. That’s the assessment of Lisa Ellis, an equity analyst with sell-side research firm MoffettNathanson. “Cryptocurrency systems (e.g., Bitcoin, Ethereum, Ripple) are potentially disruptive to private payment systems,” Ellis wrote in a client note. “Their core design
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