From the profit potential of Bitcoin and Apple, to a surprise Ethereum upgrade, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
Anthony Pompliano, the founder of crypto investment firm Morgan Creek Digital, says Warren Buffett should have bought Bitcoin instead of Apple.
The recent plunge in Apple’s stock price has cost Buffett nearly $4 billion in profit. Long term, however, his $1 billion investment in the tech giant back in 2016 is now worth $1.4 billion — a substantial gain. But, if Buffett had invested in Bitcoin instead, the $1 billion investment would be worth a whopping $8.7 billion.
Buffett, an outspoken critic of cryptocurrency, said Bitcoin is “probably rat poison squared“ in May of last year.
Ethereum
Ethereum developers say they’re close to launching a new algorithm that would stop specialized ASIC mining hardware from working on the platform.
The code is now being implemented for testing, according to a report from CoinDesk.
ASIC hardware is blamed for placing crypto mining in the hands of a few large corporations and circumventing the decentralized nature of blockchain.
Ripple and XRP
Ripple just gave a group of Wharton undergrads an inside look at crypto and blockchain technology.
Ripple says it talked about its suite of payment platforms and the digital asset XRP during a live presentation at the company’s headquarters in San Francisco.
Meanwhile, XRP’s presence as a base pair continues to expand. Located in Singapore, crypto exchange Bitrue says it has now paired Tron with XRP. It’s the 17th XRP-based pair on the platform.
EOS
Block.one, the creator of EOS, is on a hiring spree. From developers to writers, the company now has 32 open job listings.
Tron
Tron’s latest report on the platform’s decentralized apps is out.
The report looks at new additions to the Tron DApp ecosystem, including the new Tron-based decentralized exchange TronTrade.
Cardano
The Cardano Effect podcast just put out its year-end review on the platform. The two-hour episode covers the major developments on the platform in 2018, and looks ahead to the new year.
IOTA
IOTA just released its latest technical overview on the structure of the Tangle, the transaction storing and processing mechanism of the platform.
You can check out the new post here.
VeChain
VeChain just released a new episode of its Deep Dive series, which looks at the technical aspects of the platform.
This episode looks at a number of services that the Shanghai-based blockchain company offers to enterprises, including data, digital asset, hardware and software security.
