
What is NEO (NEO Coin)?
NEO is an Ethereum equivalent created in China. It doesn't use mining to generate currency and it allows developers to create contracts and Dapps in common coding languages.
Markets
The global crypto market cap stands at a robust $2.68 trillion, marking a 3.51% surge over the past day. Bitcoin, the market's bellwether, has breached $71,000 for the first time since mid-March, while Ethereum is testing the upper limits of a horizontal channel at its current $3,681 price. Long-time watchers of the digital assets space may have also noticed something interesting as of late: cryptocurrencies that thrived in the 2017 bull run and subsequently faded into obscurity are making a com...
Coins
Coinbase-led Rosetta, an open-source set of tools to help developers integrate other blockchains into their services, just got a new signup: Neo, a blockchain platform that is itself focused on interoperability. Neo integrates with #Rosetta, an open-source project led by Coinbase. We look forward to work together with Rosetta improving protocol integration processes in order to build the next-gen Internet.https://t.co/Nl8nF3OW4G — Neo Smart Economy (@Neo_Blockchain) August 28, 2020 Rosetta, wh...
Coins
China’s Blockchain Service Network (BSN) announced Wednesday that it has expanded the list of public chains it supports to include Tezos, NEO, Nervos, EOS, IRISnet and Ethereum. As of August 10, BSN developers will be able to port decentralized apps (Dapps) built on one of the listed chains and use them on BSN for users based abroad. According to reports, BSN aims to expand its support every month by listing 3-5 new public chains. This expansion is in line with BSN’s mandate outlined in its wh...
Coins
Who’s the most active crypto investor in China? Neo Global Capital Ventures, according to CB Insight’s latest 2020 blockchain report. The new report said that the Cayman Islands-registered NGC Ventures did even more crypto deals in China last year than Coinbase Ventures, which was ranked second. So who is NGC Ventures? And why, among all the crypto funds, did it top the chart? This week’s Da Bing takes a closer look at the firm, its investment thesis and how it’s faring in the post-ICO world. Th...
News
In the last week alone, the smart contract cryptocurrency NEO has gained more than 16%, and it's posted further impressive gains today—briefly reaching its highest value since July earlier today. But why is NEO surging while the likes of Bitcoin and Ethereum have been shuffling sideways? Widely described as the 'Chinese Ethereum', NEO has (unsurprisingly) a number of similarities to Ethereum. Both are smart contract capable blockchains that support decentralized applications (dapps) and both ca...
Markets
While the rest of the market remains largely stagnant, NEO and VeChain (VET) are experiencing meteoric growth—gaining over 10% and 13% respectively in the last 24 hours. NEO currently sits at $11.95, having climbed from $10.69 yesterday, whereas VeChain has climbed back to $0.0063 following more than two-weeks of near-constant growth. NEO has now reclaimed the significant losses it incurred in the last week, whereas VeChain reached a 3-month high earlier today. Late last month, Decrypt reported...
Markets
Following what can only be described as a dramatic recovery for the cryptocurrency markets, the vast majority of cryptocurrencies have managed to hold their recent gains and are now in the green on the 7-day time frame. As it stands, Bitcoin (BTC) is among the best performers this week, after gaining over 13% in the last 7 days. At time of going to press, it stands at $9257.07. Meanwhile, Ethereum (ETH) has increased by 6.2% over the past week, Bitcoin Cash (BCH) gained over 23%, Litecoin (LTC)...
Coins
NEO is a blockchain platform that claims to be much more scalable than Bitcoin and Ethereum. But there’s a catch—it uses a controversial, centralized blockchain to achieve it. And that’s all part of the plan, NEO founder Da Hongfei told Decrypt at Consensus, New York: “If you are comparing NEO to Bitcoin, it is more centralized. That’s intentional. We want to keep it more efficient,” he said. NEO has been widely criticized for being centralized. Countless news articles have highlighted the fact...
The Coins
The first generation of cryptocurrencies were all about creating digital money that could flow freely across the world. The second generation meanwhile, want to create products and services that could disrupt some of the world’s biggest companies. NEO is definitely in that latter camp. Like EOS and Ethereum, it believes smart contracts are where the future of blockchain is heading. What is NEO? NEO is a blockchain platform, cryptocurrency and network for decentralised apps or Dapps based in Chin...