Cryptocurrency startup Tether Limited, as well as one of the world’s largest exchanges, Bitfinex, were reportedly issued subpoenas by U.S federal regulators on December 6th, 2017. This news came to light after the company ended its relationship with Friedman LLP—an auditing firm it had employed to confirm its financial stability—on January 27th. What is this potential scandal about, and why is it sending cryptocurrency values plummeting? What is Tether? Tether is a cryptocurrency with a…

What is Request Network? Smart payment applications, like Venmo or Stripe, are growing increasingly popular, but they are typically limited to a few main functionalities and currencies. Request Network’s (REQ) mission is to, as their whitepaper says, “become the backbone of world trade” by making payment possible between anyone, anywhere, using any currency, with invoices and accounting records automatically stored on the blockchain. The development team already has a successful Y Combinator-funded startup called Moneytis,…

There has been a lot of buzz about Stellar Lumens (XLM) as of late about FairX, IBM, and just everything in between so I thought I would do another infographic since some of my readers expressed that they liked my previous one on Ethereum. Feel free to share the infographic. All I ask is to attribute the infographic to my blog. I hope you guys enjoy it and hope it is visually pleasing enough to…

What is Waltonchain? Waltonchain is a Chinese and Korean blockchain project targeted at transforming supply chain management. Named after Charles Walton, the inventor of RFID technology (most popularly used as “E-Z Pass”), WALTON is an acronym for Wisdom Alters Label, Trade, Organization, and Network. That meaning may be somewhat unclear, but the project definitely stays true to its namesake: Waltonchain’s primary function is taking data gathered from RFID tags and storing it on the blockchain.…

What is NEM? NEM is known as the New Economic Movement (NEM). The cryptocurrency operates a platform consisting of both public and private blockchain technologies to enhance its security. The New Economic Movement coin is different from other cryptocurrencies because of the nature of their blockchain infrastructure and is oriented towards big businesses. The blockchain has a consensus type of governance, which offers users the Smart Asset feature enabling them the ability to customize arrangements…

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