HOTAndrius Vaškevičius

City of Riyadh Teams Up With IBM to Implement Blockchain in Government Services
Blockchain
City of Riyadh Teams Up With IBM to Implement Blockchain in Government Services
The municipality of Riyadh (capital and most populous city in Saudi Arabia) has decided to partner the US electronics giant IBM to jointly develop and implement blockchain technology for government services and transactions. IBM, who has been known for its blockchain-savvy outlook will work in tandem with Elm Company, the technology partner of Riyadh’s municipality. The end goal of the partnership is quite ambitious – to relocate governmental transactions and…
GPU Prices Fall Correlating With the Cryptocurrency Market
Mining
GPU Prices Fall Correlating With the Cryptocurrency Market
Graphics Processing Units (GPUs) have become important primarily for mining of cryptocurrencies. Thus the recent slump in the cryptocurrency prices has lead to GPU prices falling due to lower demands. GPU’s had seen to be rising in prices from 2017 end to the beginning of 2018 when the cryptocurrency markets were seen to skyrocket to unbelievable levels. These Add-in boards (AIB) are dependent on cryptocurrencies. Robert Dow, Manager at Digital…
Vyper - the New Ethereum Programming Language that is More Secure and Simple
Ethereum
Vyper – the New Ethereum Programming Language that is More Secure and Simple
KISS (Keep it simple, stupid) is a fundamental principle used in software development for reiterating programmers the importance of simplicity. Solidity is a programming language that has been created for developing Ethereum Smart Contracts. Yet, this programming language does not seem to be the most optimal for its use; therefore, Vyper could be a new alternative. Why is a specific programming language required for developing Smart Contracts? Developing Smart Contracts…
Malta Passes Crypto Friendly Regulations
Bitcoin
Malta Passes Crypto Friendly Regulations
Malta has lately been trying to establish the island nation as a haven for cryptocurrency businesses seeking more lax regulations and the ability to operate more freely. Binance moved from Hong Kong to Malta earlier this year due to the island nation’s friendly cryptocurrency-related jurisdictions, and a Bloomberg report has noted that a majority of the world’s cryptocurrency was being traded through Malta – at least legally speaking. It would…
Nobel Prize-winning Economist Robert Shiller Calls Bitcoin a 'Social Movement'
Bitcoin
Nobel Prize-winning Economist Robert Shiller Calls Bitcoin a ‘Social Movement’
Yale’s Nobel prize-winning economist Robert Shiller spoke out on the Bitcoin phenomenon in an interview to Bloomberg on Tuesday, June 26th. The economist calls the cryptocurrency a social movement and an epidemic of enthusiasm. Shiller has previously explained his outlook on crypto and stays consistent with his views. The Nobel prize winner and Yale Sterling Professor of Economics claims that the Bitcoin phenomenon fundamentally is a speculative bubble. In the…
A New Crypto Exchange Model is Sparking Controversy and Shaking up the Industry
Bitcoin
A New Crypto Exchange Model is Sparking Controversy and Shaking up the Industry
Two relative newcomers have hit the top cryptocurrency exchange rankings in terms of daily volume, overtaking such industry stalwarts as OKEx, Binance and Bitfinex. Overtaking is putting it mildly, as the Singapore-based CoinBene clocked over $2.1 billion, more than doubling the 24 hour volume of OKEx, which barely eclipsed the $1 billion mark. Another new player, the Hong Kong-based Bit-Z comfortably sits in the second spot, with 24 hour trading…
John McAfee Just Survived an Assassination Attempt
Bitcoin
John McAfee Just Survived an Assassination Attempt
Many in the crypto world follow John McAfee, the legendary cybersecurity pioneer on Twitter. Those who follow him would have been wondering where he has disappeared to, given he tweets every day. He was back on Twitter yesterday with the reason he was missing, and the reason is scary and shocking at the same time! The Tweet which got his fans smiling after days read- I apologize for my three…
Switzerland “Blockchain will penetrate our entire economy”
Blockchain
Switzerland: “Blockchain will penetrate our entire economy”
Switzerland is known for being a progressive nation when it comes to cryptocurrency. Speaking at the Crypto Valley Conference in Zug yesterday, Johann N. Schneider-Ammann, Head of the Swiss Federal Department of Economic Affairs, Education and Research EAER, affirmed his views on where the small country and blockchain’s relationship is heading. Schneider-Ammann is one of seven ministers which essentially form Switzerland’s collective head of state. Whilst delivering a speech in…
Charles Hoskinson Says Crypto Nay-Sayers Overlook Impending Multi-Trillion Dollar Wall Street Entry
Opinion
Charles Hoskinson Says Crypto Nay-Sayers Overlook Impending Multi-Trillion Dollar Wall Street Entry
The CEO of IOHK, Charles Hoskinson, has made some waves with a recent tweet. In it, Hoskinson argues that observers of the cryptocurrency industry seem to disregard the possibility of institutional investors entering the sector following the ”next wave of regulation”. What's often missed by the cryptocurrency is going to die broken record media is that after the next wave of regulation, wall street is showing up to the party…
eToro CEO Says That ‘Selling Crypto Now Is Like Selling Apple in 2001’
Bitcoin
eToro CEO Says That ‘Selling Crypto Now Is Like Selling Apple in 2001’
Even though the crypto industry has a market cap of around $280 billion currently, numerous investors and a majority of the general public predict that virtual currencies will soon come to an end. While it is true the nascent industry is currently going through a major slump, as it was worth over $800 billion during its peak in last December, the influx of investment into it keeps on growing, with…