In our “Payment Systems” section, we cover electronic payment systems (EPS) and services used to send, receive, and manage digital money online. Here you will find guides on how payment systems work, how to transfer funds securely, and how they integrate with cryptocurrency platforms. Read the “Payment Systems” section on ForkNews to learn how modern digital payment infrastructure operates.
The decentralized cryptocurrency network Bitcoin Cash has undergone an update. The opcode, which increases the block size to 32 MB, was activated on May 15. As part of this fork, only software updates are carried out. This is a hard fork associated with a major update and development of the network, similar to a soft fork.
Renowned venture capitalists Fred Wilson and Balaji Srinivasan, chief technology officer of the Coinbase exchange, sat down with Wall Street Journal reporter Paul Vigna to discuss the 2018 Consensus conference. Srinivasan and Wilson explained why Warren Buffett, Nouriel Roubini and other prominent skeptics criticize Bitcoin.
The Wall Street Journal on May 17 released the results of its analysis of nearly 1,500 initial coin offerings (ICOs), showing that 18.6% of them were suspicious. The WSJ staff warned that among the 1,450 IPOs they found, 271 used “deceptive or outright fraudulent tactics.”
The trend towards a gradual decline in prices for major cryptocurrency pairs will continue today
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According to CIO Journal, JP Morgan Chase & Co. showcased a prototype of its new blockchain platform for capital markets at the Consensus conference this Wednesday. “We believe this technology has the potential to change a lot of things,” said Christine Moy, executive director and head of the JP Morgan Blockchain Center.
Chances are, when you Google “what is the price of Bitcoin?” you are taken to coinmarketcap. On it you can find reliable information on the value of tokens, trading volumes, as well as the market capitalization of cryptocurrencies.
On May 17, China's Ministry of Industry and Information Technology published a ranking of blockchains in the global cryptocurrency market based on three criteria: technology, application and innovation. The top five were Ethereum, Steem, Lisk, NEO and Komodo, all of which use smart contracts to efficiently and securely process information in a decentralized system.
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