Justin Sun: Tron’s Listing on Major US Exchange Is #1 Priority

Justin Sun says listing Tron on more U.S. exchanges is his team’s number one priority as the community warns big investors are concerned. Tron (TRX) founder Justin Sun has said that getting the cryptocurrency listed on the American version of Binance or Coinbase is his company’s number one priority. The entrepreneur was responding to tweets from Tron enthusiasts on Aug. 9, with some claiming that investors were concerned that United States citizens will be unable to trade TRX on Binance. Alarm bells also sounded after TRX was absent from a list…

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How Brexit Will Affect the UK Fintech Industry? Experts Answer

Will Brexit attract more fintech business to the U.K. or force those that already settled in London to leave England? Experts in the fintech industry answer. Back in 2016, there was a referendum that caused Brexit, which has since been affecting all spheres of British life. Would Brexit’s effects be positive or negative for the fintech industry in the United Kingdom? We asked experts from the London Fintech Week, the U.K. in a Changing Europe, the University of Nottingham and more. Meanwhile — and this should be underlined — a…

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US DOE Dedicates $1.05M to Blockchain Energy Management Platform

US Department of Energy awards $1.05 million to energy company and universities developing a blockchain-based energy management platform. The United States Department of Energy (DOE) has awarded a grant worth $1.05 million to organizations working to commercialize a blockchain-based energy transaction platform. From energy management to energy exchange The news comes from an August 9 press release shared by energy company ComEd, one of the grant’s four reported recipient organizations. The others are the University of Denver, Virginia Tech and BEM Controls, a company specializing in energy management software.  The…

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Hodler’s Digest, Aug. 5–11: Naughty North Korea, India’s Bombshell, LTC Flops

Naughty North Korea has stolen billions in crypto, India could be missing out on billions in crypto, and Litecoin’s halving disappoints. U.S. Federal Reserve launching payment system, crypto bulls nonplussed The United States Federal Reserve left some crypto enthusiasts unimpressed this week when it unveiled plans to release a real-time payments and settlements service. Known as FedNow, it is hoped the infrastructure will lead to faster transactions 24 hours a day, seven days a week. Presently, it is set to launch some time in 2023 or 2024. Morgan Creek Digital…

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Bitmain Accuses Cryptocurrency Project of Impersonation

Bitmain has accused a cryptocurrency project of falsely using its name in the promotion of a product dubbed Mangocoin. Cryptocurrency mining hardware manufacturer Bitmain has accused a cryptocurrency project of falsely using its name in the promotion of a product dubbed Mangocoin (MNG). In an Aug. 9 blog post, Bitmain states that it came across a fraudulent use of its brand in the sale of a product dubbed “Bitmain Cloud Miner” and in the promotion of Mangocoin. The fraudsters allegedly masqueraded as Bitmain and promoted the products on their website,…

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Tron Officially Releases Sidechain Scaling Solution Sun Network

Blockchain-based decentralized application platform Tron has announced the release of a sidechain scaling solution, the Sun Network. Blockchain-based decentralized application platform (DApps) Tron (TRX) has announced the release of a sidechain scaling solution, the Sun Network, in a blog post published on Aug. 11. Tron has released the V1.0 code for the Sun Network, which is a scaling solution designed to enhance and ensure a supposedly unlimited scaling capacity of the Tron mainnet. This will purportedly let DApps consume less energy and run with higher security and efficiency on Tron.…

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China’s Digital Currency Is Ready, Central Bank Says

A senior official at the People’s Bank of China says the country’s digital currency is ready after five years of research. The People’s Bank of China (PBoC) has claimed that its digital currency “can now be said to be ready.” According to PBoC deputy director Mu Changchun, a prototype that adopts blockchain architecture has been successfully developed after five years of research. His announcement, made at the China Finance 40 Forum, was reported by local news site Shanghai Securities News on August 10. Two-tier operating system Mu said issuing a…

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Bitcoin Trades Sideways as Major Altcoins Enjoy Sizeable Gains

Bitcoin prices are staying largely flat, but many major altcoins have enjoyed healthy gains over the past 24 hours. Sunday, Aug. 11 — It is a largely green picture across the top-20 cryptocurrencies. While Bitcoin (BTC) has remained flat overall, altcoins have enjoyed some sizeable gains, with some rising over 9% on the day Market visualization courtesy of Coin360 Bitcoin’s price was down a fraction at press time, losing 0.61% to trade at $11,352, according to Coin360­­. BTC’s value has tumbled by more than $500 in the past 24 hours — struggling…

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Should Young People Invest in Bitcoin

  Young people have a time horizon of 30 to 50 years of investment period toward their retirement age of 60 years old or even earlier. Having that in mind, it’s advisable to invest when you’re young. In addition to that, young people should also know where to invest their money. Should you invest in a company? Should you invest in mutual funds? Or should you invest in currency? One of the most popular investments is a cryptocurrency, specifically Bitcoins.  Should young people invest in bitcoin? If you want to…

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Top-5 Crypto Performers: BNB, BTC, XMR, LEO, DASH

Most top performers of the past week are at critical levels. Will they break out and move up or break down and drop lower? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. About 15 countries, including the G-7 nations, have agreed to create a new system…

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