BitMart’s 2020 cryptos of the year report: LRC, EWT, INJ among tokens nominated

Digital assets trading platform provider BitMart has released its Cryptos of the Year 2020 report - and considered that while Bitcoin remains on top, altcoins will move forward in 2021.

The study, which reviewed all coins listed on the BitMart platform, cited 10 coins to consider based on popularity with investors, return rate, and potential ROI. The study also garnered opinions from the chief executives of each nominated company - which the press materials curiously cite as '10...

Cardano is ‘building bridges’ to Ethereum with new KEVM testnet

Cardano is launching a new KEVM (K Ethereum Virtual Machine) to build a bridge with the leading smart contract platform’s developers.

Charles Hoskinson, Founder of Cardano and CEO of IOHK, was a co-founder of Ethereum. 

Disagreements over Ethereum’s direction led Hoskinson to create Cardano, taking a more academic approach to its development and fixing the notorious problems which have plagued the largest smart contract platform.

Cardano launched after...

GoodDollar touts strong usage figures and demand for blockchain-based UBI

Meet GoodDollar. The project, led by eToro CEO Yoni Assia, aims to deliver digital universal basic income (UBI) at scale. Built on the Ethereum mainnet and Fuse.io, GoodDollar enables those who sign up to receive a small daily income in G$ coins.

The company issued an update on figures since its September launch, with more than 40,000 people from 180 countries signing up and using the G$ digital currency. Of these, the company said more than half were 'regular' users, logging into...

Binance analysis: Bitcoin strengthens as DeFi fades – but great potential for Ethereum 2.0

Bitcoin had its strongest month since April as a surge in Ethereum followed an announcement on its ETH 2.0 upgrade - but the DeFi party 'ends abruptly.'

Those are the key takeaways from Binance's October trading report - the first of which was at the start of this year - which looks to assess the key information and data on trading activity across crypto-futures markets.

In October, Binance noted, Bitcoin gained more than 27%, crossing above the $14,000 mark for the...

AP News publishes US presidential election results on blockchain for first time

As votes continue to be counted for the US presidential election - and some parties fear voting fraud - the Associated Press (AP) news agency has been publishing the results on blockchain for the first time.

The publisher is distributing race calls to Wiki-based online encyclopedia Everipedia, which has been using the EOS blockchain to generate edits and store information. Everipedia also looks to use an incentive system by providing editors with cryptocurrency.

In a...

Bitpanda secures $52 million series A funding for further European expansion

Bitpanda, a financial marketplace for digital and blockchain-based assets, has secured $52 million (£40.1m) in series A funding to help scale and build its presence in new European markets.

The Austria-based platform provider, which offers brokerage for Bitcoin, Ethereum and Litecoin among others, has expanded to France, Spain and Turkey in 2020, looking further afield for this year and next. The company claims to be doubling revenue annually, with more than 1.3 million...

Software AG gives blockchain a mixed rating in enterprise emerging technology assessment

Blockchain should still be in the 'assess' phase for enterprises with many parts of the technology 'considerably overhyped', according to Software AG.

The German enterprise software firm, in its most recent Technology Radar for IoT and Integration, explored 23 emerging technologies, around connectivity and protocols, information management, analytics and serving, and programming, hosting and operating.

Of the 23, nine were either in or bordering the 'adopt' phase,...

ConsenSys to acquire Quorum from JP Morgan in big enterprise blockchain move

ConsenSys is to acquire Quorum, the JP Morgan-developed Ethereum variant, in what promises to be a major development in the enterprise blockchain space.

The deal will see ConsenSys merge its existing engineering roadmap with Quorum, with the latter remaining open source and becoming interoperable with other ConsenSys products, such as Codefi's finance and commerce application suite.

The two companies have been long-standing members of the Enterprise Ethereum Alliance...

European startups ready to capitalise on enterprise blockchain opportunity, says new report

The European blockchain startup market is catching up to its North American equivalent, with startups surveyed looking to raise €350 million (£314.9m) in the next 18 months, according to a new report.

The study, from Anglo-French venture capital firm LeadBlock Partners, aims to put a positive spin on the industry illustrated with more than 20 interviews and more than 9,000 datapoints.

A foreword from LeadBlock management Jean-Marc Puel, David Chreng-Messembourg and...

W3BCLOUD secures $20.5 million funding for blockchain data centres

W3BCLOUD has announced the closure of a $20.5 million funding round to build blockchain-enabled data centres.

The company, which is a joint venture between ConsenSys and processing giant AMD (Advanced Micro Devices), secured the funding from both companies, with the aim to 'ramp and operate its first Ethereum blockchain data centres.'

Blockchain technologies and their application in the data centre have been closely followed by industry watchers. "One obvious impact of...