On April 26, 2019, Ethereum (ETH)'s core developer announced that a third-party audit of their Application Specific Integrated Circuit (ASIC)-resistant algorithm for proof of work has been funded. The developer, Hudson Jameson, made this announcement to investors and other interested parties during the firm's most…
1282 posts by author
99Crypto
Potential for Crytocurrency Rally Following Years of Negative Growth
Recently, Bitcoin topped $5,300 before heading a bit higher and then coming down. Most altcoins saw modest gains during around this time as well. Cryptocurrencies have since pulled back, although the market might be poised for a rally. Investors remain cautious as has been the case for over a…
Samsung SDS Announces a New Blockchain App to Spark Efficiency
A few days ago, Samsung SDS released a new version of its Enterprise Blockchain platform. This new platform is called Nexledger Universal. In the company's April 24 press release, it announced that this platform can be applied to many digital currencies. Samsung SDS is the information technology subsidiary…
Ledger's Cryptocurrency Advancements Gather Major Interest
On April 24, it was announced that the South Korean electronics conglomerate Samsung had invested nearly $3 million in Ledger, which manufactures various cryptocurrency wallets. A spokesperson for Ledger confirmed that Samsung had made the investment but would not provide any further details about the transaction. The announcement of the…
IBM Continues to File New Patents Related to Blockchain Security
On April 23, the United States Patent and Trademark Office issued a patent to IBM that relates to the use of distributed layer technology for sharing mobile data across devices. According to the patent filing, IBM's new product is a follow-up to a previous patent, which was issued…
Cryptocurrency Markets Seem To Lose Some Volatility Over Easter Weekend
The week ending on Easter Sunday was generally positive for major digital currencies such as Bitcoin and Ripple. In the case of BTC/USD traders looking for a rally this year, the good news is that volatility seems to be tapering off while longer positions are increasing, thus resulting in…