Singapore-based crypto exchange KuCoin has raised $20 million in Series A funding backed by IDG Capital, Matrix Partners and Neo Global Capital. KuCoin announced the funding Wednesday, saying that the three firms had not only invested, but formed partnerships with the exchange in order to bring cryptocurrency to the “masses.” With the funding in place, […]
Da Hongfei, Founder of NEO —the blockchain known as the Chinese Ethereum— was recently interviewed on the Project’s official blog on the occasion of the second anniversary of the launch of its mainnet. Mr. Da comments that the gaming industry has strongly influenced the development of his blockchain. He remarks that the financial market, although […]
Only hours ago, Justin Sun informed the Crypto Community that Tron (TRX) had partnered with NeoWorld. The tweet making the announcement went on to explain how the partnership would work out in the 3D Virtual Reality world created by NewWorld. The full tweet can be found below. #TRON has established a partnership with NeoWorld. The […]
As we moved to November, we're getting closer to the end of this year, and many crypto enthusiasts are curious to see what the end of 2018 will bring to the cryptocurrency market. For the moment, we have some news about NEO (NEO) which recently presented its October updates and celebrated its growing NEO Community. … Continue reading "NEO (NEO) Team Presented Its October Updates And Celebrated Its Growing NEO Community"
Infineon Technologies and XAIN will work together on the implementation of blockchain technology for the automotive sector. The Munich-based semiconductor manufacturer and the Berlin start-up signed a Memorandum of Understanding at the first Infineon Automotive Cybersecurity Forum in Munich, thus moving closer to integrate XAIN technology directly into Infineon microcontrollers. Together, the companies embark to...
A multi-million dollar worth of transaction that could have cost senders over $5 million in commissions on legacy systems was made with $0.06 on Ethereum. The Ethereum block 6556384 went through 5080 confirmations and took over 19 hours to transfer more than $183,000,000 without having to go through expensive intermediaries. The scene is pretty typical to those who...
What is the NEO ?
Some call NEO “Chinese Ethereum”. Founded by Da Hongfei, NEO also places itself as IOTA, in the “smart economy” or “smart economy” sector. “We hope the platform can be used in a variety of scenarios including a front-end scenario. Such as digital asset portfolios, forums, voting systems, profile management and mobile applications. The platform also has an open API that can be used to integrate NEO with another software architecture, “explained Da Hongfei.
NEO seems to have moved beyond China’s borders to become a global player. Even China’s ban on cryptocurrencies did not seem to affect it.
Compared to the Ethereum, NEO has some advantages, including supporting multiple computer programming media. Which should allow many new developers to participate. To simplify, it is a more open system, which should stimulate innovation.