Dutch Banking Giant ING The Latest Major Financial Institution To Enter The Crypto Custody Sector

December 12, 2019  /  by Crypto.IQ
Dutch banking giant ING Group, which is based in Amsterdam and has total assets of EUR 887 billion, is developing crypto custody services according to anonymous insiders. ING corroborated this report, telling Reuters that ING sees increasing opportunities in both the stablecoin and security token sectors, in addition to being focused on developing digital asset… Read more

SpaceChain and SpaceX Send a Crypto Hardware Wallet to the International Space Station

December 9, 2019  /  by Crypto.IQ
The International Space Station (ISS), humanity’s largest and most advanced habitation in space with a multinational crew of 6 people, will soon have cryptocurrency capabilities thanks to SpaceChain sending a hardware wallet up to the ISS via a SpaceX Falcon 9 rocket. This hardware wallet will be installed on Nanoracks’ commercial platform onboard the ISS,… Read more

Bitfinex Integrates Lightning Network For Instant Deposits And Withdrawals

December 5, 2019  /  by Crypto.IQ
Bitfinex has become the first major cryptocurrency exchange to integrate the Lightning Network, which is a 2nd layer scalability solution for Bitcoin (BTC) which facilitates instant transactions while requiring practically zero fees. Apparently Bitfinex is running a full Lightning node, and customers are able to open up payment channels with Bitfinex via https://ln.bitfinex.com/, allowing for… Read more

Hedera Hashgraph (HBAR) Founder Says Quantum Computing Is Not a Threat to Cryptocurrency, Although That Claim Is Debatable

November 11, 2019  /  by Crypto.IQ
Dr. Leemon Baird, the Founder of Hedera Hashgraph (HBAR) which is a relatively new cryptocurrency that boasts 10,000 transactions per second, has claimed that quantum computing is no threat to cryptocurrency at the Web Summit 2019.  The debate over quantum computing is popping up due to Google and NASA researchers creating the first computer that… Read more

ZCash Halo Breakthrough May Benefit All Cryptocurrencies

October 16, 2019  /  by Crypto.IQ
The Electric Coin Company (ECC), the company behind ZCash (ZEC) and its protocol development, revealed that their engineer Sean Bowe uncovered an improved trustless cryptographic proving system. Halo is a proof that verifies the correctness of another instance of itself in a trustless manner. This allows even large computation efforts and data to be checked… Read more

Gartner: Blockchain Tech Still in the Trough of Disillusionment

October 14, 2019  /  by Crypto.IQ
According to a leading research and advisory company, Gartner, Blockchain technology is sliding into the Trough of Disillusionment and is not going to climb out of it until 2021. The Trough of Disillusionment is the 3rd stage in Gartner’s Hype Cycle, which is a graphical representation showing a series of milestones emerging technologies and markets… Read more

Ravencoin to Fork to Combat ASIC’s

September 30, 2019  /  by Crypto.IQ
Forks are a normal phenomenon in the cryptocurrency industry. One of the latest networks set to undergo a fork is Ravencoin. Ravencoin is a network conceived for asset tokenization, and that was born with the mindset that mining efforts should be as decentralized as possible. Designed to be ASIC-resistant, Ravencoin’s algorithm X16R rotates through a… Read more

Most Crypto Projects Still BUIDLing But Some Went Silent

September 28, 2019  /  by Crypto.IQ
GitHub and development activity has always been one of the indicators investors look at when assessing a cryptocurrency project. Some will consistently have high activity on their repositories, while others will flat-line as they become overwhelmed by challenges – financial or operational. The beauty of open-source software is that anyone can check up on a… Read more

Number Of Nodes on Lighting Network Up By over 3% To 10,000

September 27, 2019  /  by Crypto.IQ
In the last few weeks, the number of nodes on the Bitcoin Lightning Network has grown by 3.1% to hit 10,000. Although the number of nodes is small compared to the 100,000 nodes of the Bitcoin network, it still represents rapid growth for the Lightning Network. Lightning Network enabling faster transactions The Lightning Network is… Read more

Quantum Supremacy Achieved: A Long Term Threat to ‘Classical’ Cryptocurrencies

September 26, 2019  /  by Zachary Mashiach
Google and NASA have jointly developed the most powerful quantum computer in history and have achieved the long sought after goal of quantum supremacy. Apparently the paper published about this development was not supposed to be posted yet and was quickly deleted, but fortunately, it was saved by internet users before being taken offline. This… Read more
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