Cointelligence Analysis Category
Terra stablecoin and Luna unstable reservecoin review
Terra has secured 32M$ funding to implement their stable coin. Let’s review Terra’s 19-page whitepaper, which is very technical from an economic and scientific point of view. However, this level of technicality ends at economics, as both technical implementation and blockchain logic is missing from the paper entirely.
What’s the cost of a 51% attack?
On the 3rd of June, ZenCash suffered from a 51% attack where more than $500,000 in double spend transactions was lost. The attacker managed to manipulate blocks which allowed him to double spend on two massive transactions of respectively 13,000 and 6,600 ZEN. According to estimates via the website 51Crypto.app, the attacker only had to spend $30,000 to pull off the 51% attack.
Tough enough to fail
Why are we looking at the failure rates for planes and medical drugs? Because I wanted to see if there was a context to view the failure of ICOs – and let’s be realistic here, the numbers of ICOs failing doesn’t make for a pretty picture. According to figures from Tokendata, of 902 ICOs so far this year, 142 failed at the ICO stage, while 276 crashed and burned within the first 4 months of the successful ICO. Bitcoin News confirms this with the 2017 failure rate running at 46%.
Technical Review of PRIMARY Project
Initial thoughts The PRIMARY project is designed to be a monolithic new undertaking instead of reusing already existing solutions in the space. As PRIMARY is using the EOS network for their main public blockchain infrastructure, there are numerous stable coins and decentralized exchanges being born there, like EOS native stable coins, and EOSFINEX, EOSDEX and newly incoming […]
Ethereum price weekly analysis – heightened bullish momentum
The bullish wave grew stronger during last week’s trading sessions taking ethereum price above $600. As per our technical analysis, the price of ether will most probably continue rising to test the resistance around $713.24 during the upcoming week.
Ethereum Price Weekly Analysis – Bulls Taking Over the Reins
A strong bullish wave is currently evident across the ETHUSD market. As per our technical analysis, ethereum price will most probably continue rising to break through the resistance around $545.08 and head towards the next resistance around $713.11 during the upcoming week.
Lambo index: How bitcoin won as an asset class and lost as a currency.
According to textbook macroeconomics, to be money an asset should be a medium of exchange, a unit of account, and a store of value. Using the price of a Lamborghini, let’s explore if bitcoin is a currency.