Blockchain Traceability Overtakes Payments Among Major Corporations

Multi-billion dollar companies are more likely to use blockchain for traceability and provenance than for payments and settlement, according to a new analysis of the Forbes Blockchain 50. The now annual Blockchain 50 list was published in late February and includes fifty of the biggest brands in the world who are using blockchain, each with annual revenue in excess of $1 billion in annual revenue.  Research from Dutch firm Blockdata, which incorporated its own data in the analysis, found that fifteen have solutions that tackle traceability and provenance, while 13…

Major Chinese Mining Pool Drops out of BTC Mining Race, Looking to Altcoins

Although the Bitcoin hashrate has increased 33% in the last 48 hours the mining industry still faces uncertainties. This has left Baite mining pool, one of the top Chinese pools with no choice but dropping out of the mining race.  According to local blockchain media on April 6, Chinese mining company Valarhash’s Baite mining pool hash rate decreased significantly from 4000 to 200 petahashes per second earlier in March. The pool decided to leave the Bitcoin mining business and possibly move into altcoin mining in the near future.  Over 9%…

Weak Xbox Series X Day-1 Launch Slate Hands Major PS5 Victory

Xbox boss Phil Spencer suggests that the Xbox Series X launch title lineup may be smaller than expected. This could hand the PS5 a major launch day win if it has more new games to offer players. However, the Xbox Series X could win over the year after launch as it gets new players with a steady release of exclusive games. Speaking to IGN, Xbox boss Phil Spencer hinted what gamers can expect with next-gen games launching alongside its next-gen Xbox Series X. Spencer stated: It doesn’t really help somebody…

Bitcoin Leaps to Retest $7,000 But Risks a Major Bull Trap: Here’s Why

Bitcoin prices jumped overnight to retest $7,000 but risked falling into a bull trap as no sound catalyst justified its pump. The benchmark cryptocurrency rose 9.67 percent in just four hours to $6,767 per token midnight Thursday. The move uphill injected about $7 billion into the bitcoin’s market cap, which topped near $121.97 billion ahead of the European morning session. Later into the day, the price pulled back by up to 2.3 percent. BTCUSD heads above $6,500-resistance to test $7,000 as its next upside target | Source: TradingView.com, Coinbase The…

Opera Becomes First Major Browser to Integrate .Crypto Domain Extension

Opera now enables users to access decentralized web pages through a partnership with Unstoppable Domains, a tech firm backed by prominent Bitcoin (BTC) advocate Tim Draper. The collaboration entails Opera’s integration of Unstoppable Domain’s .crypto domain extension, according to an announcement shared with Cointelegraph on March 26. This will allow the browser’s users to surf decentralized websites, as well as make cryptocurrency payments. No more middleman As the announcement further explains, blockchain domains are stored by the owner instead of by registrar firms, and decentralized websites are stored on peer-to-peer…

Bitcoin Ascends on Twitter While Major Altcoins Hit Multi-Year Lows

Major altcoins have seen their Twitter presence greatly reduced in the wake of the recent cryptocurrency market crash. According to data from Bitinfocharts, major altcoins such as Ethereum, Litecoin, and XRP now find their Twitter mentions nearing two and even three-year lows. Meanwhile, Bitcoin’s Twitter presence doubled in the first three months of 2020, though its tweet count remains a long way off of its 2017 all-time high. XRP tweets hit 21 month low Earlier this week, on March 21st, tweets bearing the hashtag #XRP numbered 2,542. That’s a 60%…

Death Stranding’s Creator Just Caved to Major Pressure from PS4 Owners

The PC version of Death Stranding will launch in June. It includes a number of exclusive features including a photo mode and higher frame rates. Hideo Kojima announced that a photo mode is heading to the PS4 version of Death Stranding. This is a match made in heaven given the game’s visuals. With the PC version of Death Stranding shipping this summer alongside a selection of new features, PlayStation 4 players were left wondering if they’d been forgotten. These PC exclusives include a photo mode, high frame rates, and ultra-wide…

Major Crypto Player-Backed PAC to use Tokens to ‘Vote’ for Candidates

One of the hot button issues for elections in the United States is separating money and politics. At the center of this topic is political action committees (PACs), organizations that can support candidates or legislation with money raised privately. HODLpac, the PAC founded by Tyler Whirty of the venture capital firm the Takoma Group, may be looking at a new way for Americans to donate to congressional candidates using crypto. By doing so, they may not only demonstrate how blockchain can be utilized for campaign contributions, but also supporting crypto-friendly…

Circle’s USD Coin Sees Major Growth After Market Downturn

As Bitcoin (BTC) and the cryptocurrency market at large experience a major downturn, people turn to stablecoins in an attempt to preserve their capital. Some stablecoins have grown more than others, however. Stablecoin marketcaps are generally expected to increase after a major cryptocurrency market downturn. However, this is not what happened for most stablecoins during the past week. According to data from Coin360, Bitcoin has fallen from a height of nearly $8,000, down to under $4,000 between March 12 to March 13. Bitcoin 7-day price chart. Source: Coin360 USDC market…

Diversity and Inclusion Major Themes at Hyperledger Global Forum 2020

Hyperledger Global Forum 2020 took place March 3-6 in Phoenix, Arizona, bringing together hundreds of attendees from the Hyperledger community. While enterprise blockchains, open-source projects, and other subject matters were discussed, diversity and inclusion served as the underlying theme of the conference. Fortune 500 consulting firm, Accenture, sponsored a diversity happy hour on the opening night of Hyperledger Forum. This event served to raise awareness for inclusion in the blockchain space. Accenture’s global marketing director for blockchain and multi-party systems, Allisa Worley, told Cointelegraph that a desire for diversity and…