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How Kraken Cryptocurrency Exchange Is Making A Difference

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Kraken was set up in 2013 in the U.S. and it has grown in leaps and bounds since then. It presently ranks as one of the trusted crypto exchnages and commands respect and a userbase that rivals the likes of Coinbase and Binance.
Since Kraken was Powell’s first open foray into blockchain ventures, there’s little to relate the exchange with his previous work, and very few specific companies to tie it to.
However, as usual with crypto exchanges, Kraken is closely related to the main players on the field, such as Binance or Coinbase. Kraken’s success and features affect those of its competition, and all ventures its competition get into affect Kraken in turn.
A specific exchange that Kraken is most related to is Mt. Gox, a now-closed crypto exchange that boasted being the largest exchange in the world. 
By 2013, it was believed the exchange handled 70% of all Bitcoin transactions, making it notoriously larger than any other exchange before and since then. The exchange has since gone bankr…

MoneyGram Goes Live On Ripple’s ODL

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Ripple’s ODL-On Demand Liquidity is the successor to the erstwhile platform known as XRapid. Since it was announced earlier on in the year that MoneyGram signed an operational agreement with Ripple, many people have looked forward to how well the deal will work.
At the Swell conference held last week in Singapore, Alex Holmes who is the chairman of MoneyGram gave a hint of how the partnership was working out.
A New Dawn
By describing the MoneyGram and the ODL partnership as magic, Mr. Holmes was affirming that the new dawn was making a difference. The highlight of the session was the confirming that MoneyGram was now able to complete transfers from America to destination points around the world on a 24/7 basis.
For Brad Garlinghouse, who is Ripple’s CEO, he was quick to affirm that legacy efforts come under a great deal of pressure in the tech space. To him, there should be coordination between key players to make service delivery better optimized.
The use of ODL by MoneyGram for now cover…

How Small, Unregulated Exchanges Are Raising the Numbers in Crypto Volumes Against All Odds

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When people look into cryptocurrency exchanges, the first two names are almost always Binance and Coinbase. These two exchanges, after all, claim to have the lion’s share in transaction volume (Binance) and amount (Coinbase,) thus monopolizing the market.
Those claims aren’t lies – Binance is indeed the single exchange moving the most crypto tokens on any given month, while Coinbase indeed has the largest amount of transactions most of the time.
The detail these claims always seem to ignore is that neither of those exchange has 50% of their market. In fact, they’re nowhere near.
A fragmented market
It’s easy to believe those exchanges would be the ones processing the vast majority of transactions, considering they’re almost unanimously recommended. And to be fair, they are processing the vast majority of transactions and, as one would expect, the large, regulated exchanges do hold a vast majority of crypto traders and users.
But things change when we look into transaction amounts. While Bi…

Why You Should Explore Gold Investments

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Is buying gold a good investment today?
We all have heard it from friends, or perhaps read it in books or the internet: Buying gold is the best investment you can ever make. Gold never loses value, and therefore he who buys gold only gets richer and richer every day.
Yet naturally something doesn’t add up. If securing your money and even making more was as simple as buying gold bars, then nobody would waste their time in the stock market or investing in real estate. But we know for a fact that millionaires usually keep lots of money in these markets, so what’s the truth?
The nature of gold vs paper investments
Gold has been a popular commodity for thousands of years. The shiny, good-looking stones were highly sought after long before they even had a use, and until not too long ago it was the de-facto currency in most societies in the world. This has given it a mythical status, where people will often expect gold to be worth lots of money just for being gold.
It’s that mythical status…

Cryptocurrencies' Price Prediction: Outright lies, make-believe or punching in the dark?

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A recurring subject among investors, be it in the stock market, forex, or crypto is the ability to predict where the market will go and when. Being able to reliably anticipate the market’s movements, after all, would equal having Midas’s touch: It would make it impossible to ever lose money, turning the market into a nonstop source of money.
It’s based on this belief that many companies or individual advertise themselves, or their products, as “price predictors.” They state they have the ability to know what the market will be like, usually thanks to their apparent knowledge of it or thanks to insider info. 
Some might even go as far as claiming to have a supernatural ability to predict future prices.
Naturally, nobody believes anyone has spirits telling them how much Bitcoin will be worth in a week or a month. However, most people do wonder if it is possible to predict crypto prices. After all, some successful people claim to be able to, but are they? Is there any way to learn?
The truth…

Non-Fungible Tokens: How feasible are they?

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Although cryptocurrencies are the most common, most often mentioned traded product in the blockchain, they’re far from being the only type of token you can find. 
Cryptocurrencies are common because they can be used as currency, since they’re fungible and divisible – but as the technology has grown, another type of token has become common in certain environments: Non-fungible tokens.
What is a non-fungible token?
Non-fungible tokens, or good, are those that can’t be exchanged for other tokens of exactly the same value. Cryptocurrencies are fungible because currencies themselves are fungible. You could lend a friend 1BTC today so he can make a purchase, and he can pay it back next week. 
The BTC you get back won’t be the exact same token, but the value and its properties will be the same. Cryptocurrency tokens, thus, are fungible, just as fiat currencies are.
Non-fungible tokens don’t have this property because, unlike cryptocurrency tokens, they are unique. Each token has properties t…

Shelley Testnet: What is it, and why does it matter?

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The blockchain space is full of projects, most of them trying to tackle different elements of our daily lives. 
These projects range in usability from seemingly superfluous to essential, the proposed uses of the technology encompassing every single part of the world we live in.
Cardano is, at first sight, yet another case of a blockchain that attempts to deal with Bitcoin’s problems of scalability while maintaining privacy, with the added goal of creating a truly distributed blockchain. 
That list of goals, while a good one, is nothing we haven’t seen before. However, there are a couple details on Cardano’s implementation and philosophy that bear mentioning.
First, Cardano is developed following scientific philosophies – that is, everything that goes into it has to first be reviewed and tested extensively. Changes don’t make it to the blockchain easily. 
Second, since everything has to be tested, Cardano has a handful of iterations of its own blockchains called testnets –which is where all…