The Daily: Global Cryptocurrency M&As Rise, US Town Halts Mining

The Daily: Small Town Takes a Break From Mining, Industry Consolidation AheadIn today’s edition of The Daily, we look at how the current bear market is facilitating consolidation in the global cryptocurrency industry. We also focus on recent calls by an intergovernmental organization to tighten up rules on virtual assets throughout the world, as well as a story about a small U.S. town that has banned […]

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NEM (XEM) Surges 10% as Foundation Signs MoU with UAE Ministry

The New Economy Movement (NEM)’s platform token XEM surged 10 percent against the dollar on Monday, rising from 0.0974-fiat to 0.1046-fiat. The XEM/USD formed a straightforward uptrend while attempting to retest the high from Sep 6 correction action. The price action corrected towards 1.000-fiat later as a part of its pullback action. The downside momentum … Continued

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$183 Million in Ethereum Moved With $0.06 Fee Instantaneously, Better Than Banks

A multi-million dollar worth of transaction that could have cost senders over $5 million in commissions on legacy systems was made with $0.06 on Ethereum. The Ethereum block 6556384 went through 5080 confirmations and took over 19 hours to transfer more than $183,000,000 without having to go through expensive intermediaries. The scene is pretty typical to those who

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Monero Transaction Fees are Down 97% Since the Hard Fork

Following the successful execution of Monero’s hard fork on October 18, average transaction fees for XMR users have fallen a massive 97 percent from 60 cents to an average of just 2 cents according to information from CoinMetrics. Known as “Monero 0.13.0 Beryllium Bullet”, the recent hard fork implemented a trustless, non-interactive, zero-knowledge framework called

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