Blockonomi News

Internet Security Firm Cloudfare Unveils Its Own Ethereum Gateway

Cloud network and internet security company Cloudfare has just figuratively opened its doors to the Ethereum blockchain. Renowned for its DDoS protection services, Cloudfare unveiled its new so-called Ethereum Gateway on Wednesday, the release coming as part of the company’s in-house Crypto Week 2019 festivities where it’s rolling out a series of new services that …

Blockonomi News

U.S. Congresswoman Wants Zuckerberg to put Libra on Hold

Facebook’s long-awaited cryptocurrency was made official yesterday, with the social media giant publishing Libra’s whitepaper, ending months of speculation. According to the whitepaper, Libra would be launched in the first half of 2020. This could end up as a pipe dream, if regulators have their way. Per reports from the BBC, the U.S. House of …

Blockonomi News

“Big Four” EY Joins Major E.U. Firms to Build a Blockchain for ECP Markets

Big Four accounting firm EY is back in blockchain world headlines this week, this time for joining forces with some of Europe’s most recognizable institutions in having begun work on a blockchain platform for settlements involving European Commercial Papers (ECPs). Announced by the initiative’s members on Wednesday, the collaboration entails an already developed “proof of …

Blockonomi News

ShapeShift CEO: Facebook’s Libra Can Replace Any Fiat Currency

CEO and founder of crypto exchange ShapeShift, Erik Vorhees believes Facebook’s Libra is superior to and can effectively replace any fiat currency in the world, including the U.S. Dollar. In a Twitter thread yesterday, Vorhees submitted his nuanced analysis of the much-speculated stablecoin. In the tweet, Vorhees acceded that Facebook’s digital currency has the potential …

Blockonomi

Bitcoin Price Prediction: BTC/USD Likely To Trade Past $9,500

Bitcoin price corrected lower recently and tested the $9,000 support area. BTC is currently climbing again and it seems like the bulls are preparing for an upside break above $9,400 and $9,500. There were positive moves in in bitcoin above the $9,150 support area. There is a major bullish trend line forming with support near …

Blockonomi

Cardano (ADA) Price Prediction: Here Is Why Buyers Are Facing Uphill Task

Cardano price stayed above the $0.0870 support area, but it struggled to gain momentum. Bitcoin price is currently consolidating, but it seems like ADA bulls are facing many hurdles on the way to $0.1000. Cardano price is trading below the $0.0950, $0.0972 and $0.0984 resistance levels. There is a major bullish trend line forming with …

Blockonomi News

Enterprise News: Microsoft Joins Hyperledger & IBM Reveals Next-Gen Blockchain

Beyond Facebook formally unveiling the Libra cryptocurrency, Tuesday also saw major enterprises like Microsoft and IBM make their own high-profile blockchain moves. To start, the distributed ledger consortium Hyperledger Project announced eight new members on June 18th, with Microsoft, Salesforce, and the Ethereum Foundation being among the most recognizable of the group’s latest entrants. Microsoft, …

Blockonomi News

Launch of Facebook’s Crypto “Libra” Triggers Regulators From France to the U.S.

Just as many anticipated, Libra, Facebook’s seminal crypto project, launched its white paper on Tuesday. In it, it confirmed reports that Visa, Mastercard, Uber, and other corporate giants were getting involved. While many in the cryptocurrency community, even staunch Bitcoin maximalists took the news in stride, regulators from France to the United States quickly expressed …

Blockonomi News

Litecoin Foundation & Crypto Startups to Launch LTC-Enabled Debit Card

Despite what some say, Bitcoin, Litecoin, and other popular cryptocurrencies are hard to use in brick and mortar stores. Few stores accept digital assets natively. But more importantly, the solutions that convert crypto to fiat on the fly are often blocked in many nations, hard to obtain, and charge high fees. The Litecoin Foundation, the …

Blockonomi News

Litecoin Foundation & Crypto Startups to Launch LTC-Enabled Debit Card

Despite what some say, Bitcoin, Litecoin, and other popular cryptocurrencies are hard to use in brick and mortar stores. Few stores accept digital assets natively. But more importantly, the solutions that convert crypto to fiat on the fly are often blocked in many nations, hard to obtain, and charge high fees. The Litecoin Foundation, the …