Malta Government to Enhance Public Transportation Using Blockchain Technology

Malta has entered a partnership with Omnitude — a multi-enterprise blockchain middleware platform — to use the blockchain to enhance its public transportation service by developing a transport and logistics platform using the company’s middleware technology. Ian Borg, Malta’s Minister for Transport, Infrastructure and Capital Projects, commented in a press release, “We believe in Omnitude’s […]

Bitcoin Only Used for Money Laundering and Speculation: ‘Big Short’ Investor

Wall Street veteran Steve Eisman rose to fame by shorting the sub-prime mortgage market ahead of last decade’s financial crisis. Now, he’s similarly-bearish on a new asset class: cryptocurrency. Eisman, whose career is chronicled in The Big Short, told CNBC that he has yet to meet anyone who can persuasively argue that cryptocurrencies have social […]

SuchApp Earns Worldwide Praise and Attracts a Powerful Group of Investors

Messaging apps are dominating the way people communicate these days. Whereas the phone was a revolutionary invention back in the day, it preceded future developments that made it practically obsolete: Internet, SMS, VoIP services, and now messaging apps. SuchApp is, however, much more than a simple messaging app. It is an entire ecosystem that encompasses […]

Bitcoin Price Too Volatile for Merchants, Claims PayPal CFO

The bitcoin price is too volatile to make it a useful payment tool for merchants, PayPal CFO John Rainey claimed in a recent interview. Bitcoin Price Too Volatile for Merchants Rainey made this claim during a recent episode of “Mad Money,” explaining that merchant margins are too thin to make bitcoin a viable payment medium. […]

IBM and Veridium to Transform Carbon Credits into Blockchain-Based Tokens

IBM has partnered with environmental fintech startup Veridium Labs to turn carbon credits — tradable instruments that provide an economic incentive to those who want to reduce their greenhouse gas emissions — into blockchain-based tokens. In a joint press release, the two companies announced a collaboration to “transform the carbon credit market using IBM blockchain […]

Kyber Network Review

The post Kyber Network Review appeared first on 99 Bitcoins. Kyber Network is a decentralized exchange for cryptocurrencies. Founded by Loi Luu, Victor Tran, and Yaron Velner in 2017, Kyber Network can be used to exchange and convert digital assets. The Kyber Network token sale took place in September 2017, which raised around 200,000 ETH […]

Ethereum (ETH/USD) Technical Analysis (May 16, 2018)

Even though Ethereum is trading at 50 percent of its ATHs, chances are it might retrace in the coming days. In the last 24 hours for example, it is down three percent after failing to surge past $900 earlier this month. Now, because we have these lower lows, taking shorts might be a good trading […]