Blockchain News


The most basic definition of blockchain is a shared, digitized ledger that cannot be changed once a transaction has been recorded and verified. All parties to the transaction, as well as a significant number of 3rd parties maintain a copy of the ledger (i.e. the blockchain), which means it would be practically impossible to amend every copy of the ledger globally to fake a transaction.
Bitcoin’s success has triggered the establishment of nearly 1000 new cryptocurrencies, leading to the delusion that the only application of blockchain technology is for the creation of cryptocurrency.
However, the blockchain technology is capable of a lot more than just cryptocurrency creation and may support such things as transactions that require personal identification, peer review, elections and other types of democratic decision-making and audit trails.

Bitcoin volatility has drastically decreased since August, trading places with tech stocks that have been experiencing huge price swings. Billionaire investor Warren Buffett, who reportedly owns 250 million shares of Apple, lost an estimated $3.5 billion in a single day of trading when Apple’s stock plunged on Friday from a close of $222.22 on Thursday to...
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The founder and CEO of leading cryptocurrency exchange Binance is opening up about the process his company goes through before backing a coin and adding it to the platform. Changpeng Zhao told CNBC’s Crypto Trader it takes an intense amount of research and consideration of three key fundamentals. “In order to learn about a project you...
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