Cryptoknowmics offers the one-stop solution to all your queries about the crypto world. Whether you are looking for Bitcoin News, Ethereum news, ongoing ICOs listing, etc. You can subscribe to Cryptoknowmics for the latest crypto videos, crypto updates, etc.
Plasma Group, a non-profit research organization announced in its blog on January 9 that it would no longer be studying Ethereum scalability. Instead, they would now divert their attention towards funding public goods as the next chapter in their story. They have also vowed to donate the remaining funds to Gitcoin.
Samsung has announced that all its premium blockchain smartphones like Galaxy S10 and above will now feature Elrond project's gaming app - "Battle of Elrond." The multiplayer blockchain game would allow players to earn ERD [Elrond's native token] for passing certain levels in the game.
Cobinhood, a Taiwan based cryptocurrency exchange has announced the closure of its services out of the blue. Many people called it an exit scam as the parent company of the exchange also announced *bankruptcy last year after raising millions from the public sale of its native token.
The U.S. State of *Illinois took a giant leap in their efforts to further blockchain adoption by legalizing blockchain-based smart contracts under the blockchain technology act. The act took effect on 1st January and legalizes smart contracts, cryptographic hashes, and electronic records
Telegram has asked for 5-7 weeks to collect all the financial and expenditure data about the use of funds raised during the public offering in 2017. The SEC in a court filing stopped Telegram from offering its GRAM token in the US and later also demanded to see the financial details about the $1.7 billion raised during 2017 ICO.
Elon Musk the famous serial entrepreneur has been known for his cheeky remarks and memes related to the crypto space. His most recent one being “ Bitcoin is not my safe word” is seen as a tongue in cheek remark on the BTC rally due to rising tensions between the US and Iran.
The U.S Securities and Exchange Commission (SEC) has charged $16 million in *disgorgements and civil penalties from the ICOBox and its founder Nikolay*(*Evdokimove. ICOBox failed to register with the SEC and offered worthless tokens to the investors on the platform.
8. African Blockchain Initiatives Are Planning To Eliminate Ponzi Schemes
In Africa, cryptocurrencies have become instrumental for many organizations and social initiatives to help provide banking services to the unbanked. However, the region is also plagued with rising levels of frauds and Ponzi schemes which people are trying to counter using blockchain technology.
Ethereum was trading at $144.01 at the time of writing seeing a minor decline from its daily high of $147. The momentum is still bullish for the altcoin and it may target to breach the key resistance of $150 in the coming week.
XRP, the third-largest cryptocurrency by market cap was trading at $0.21 mark and has remained in the bearish zone. The altcoin is trying hard to break into the $0.22 mark and buyers are building the pressure to take the price in that zone.
Pundi X NEM 83.06%
ALL BEST ICO 54.55%
QURA GLOBAL -36.68%