Four Leading US Drug Companies Join Blockchain Project to Manage Chargebacks

Pfizer Inc. and other leading American pharmaceutical companies have joined a project to build a blockchain network for the health and pharmaceutical industry, according to a press release on May 2.   McKesson Corporation, AmerisourceBergen Corporation, Premier Inc. and Pfizer Inc. have joined the MediLedger Project Contracting and Chargebacks working group. MediLedger — which is an initiative of San Francisco-based blockchain tech company Chronicled Inc. —  is designed to reduce costs and make processes more efficient in data sharing by developing a common network. The solution will purportedly automate the…

Fee Has Successfully Stabilized DAI, MakerDAO President Says

DAI stablecoin, which is pegged to the United States dollar, is now in a relatively stable position, according to the president and COO of MakerDAO, Steven Becker, in an Q&A session on May 2. The transcript of the meeting, which focused on demand and supply imbalance, appeared on Reddit. Becker discussed the efficacy of the stability fee alongside MakerDAO’s head of community development Richard Brown and Vishesh Choudhry of the company’s Foundation Risk Team. According to Becker, DAI is now stable thanks to the community’s implementation of the stability fee.…

Report: Craig Wright Serves Roger Ver with Libel Suit

Australian computer scientist Craig Wright has served Roger Ver, CEO of Bitcoin.com, with a libel suit at a London bitcoin cash meetup according to a report by Decrypt on May 2. According to the report, Ver called Wright “a fraud and a liar” in a YouTube video — which has since been stricken for violating YouTube community guidelines — that prompted Wright’s libel suit. Ver commented to Decrypt that he will be fighting the lawsuit. Wright has served legal suits to other figures in the crypto sector, who have denied…

Phase Zero Code for Ethereum PoS Transition Can Be Completed by June 30: ETH Core Devs

A code for the Ethereum (ETH) blockchain’s first-stage transition to a proof-of-stake (PoS) consensus algorithm could be completed by June 30, as stated in an Ethereum core developers meeting on May 2. In a bi-weekly call, Ethereum researcher Justin Drake claimed that the developers team expects to prepare code specifications for phase zero by the end of June. Drake stated: “We’re still very much on track. Still, [code] simplifications are coming through, which is great and the process of fine combing is also for finding these final bugs.” Phase zero…

Facebook Partners with E-Commerce Companies to Support Crypto Payment

The Wall Street Journal has reported that Facebook is in talks with various e-commerce companies and financial firms to support its crypto payment that is under development. So far Facebook has engaged MasterCard and Visa about the project that is known as Project Libra. Crypto Payment Facebook is expected to commit $1 billion to the development of crypto payment. The company has approached various e-commerce companies to invest in its crypto payment feature and be a partner of the network. Paying via crypto will not be limited only to Facebook…

3 Reasons Bitcoin Will Race Toward a New Record High at $20,000

By CCN: The bitcoin price surged as much as 7.60-percent on Friday to establish a new 2019 peak at $5,796.93. The uptrend pushed bitcoin’s year-to-date rally to an impressive 54.08-percent. At the same time, it brought the asset’s total recovery to an astounding 82-percent and set the cryptocurrency well on its way to a fresh record high. Here are three factors that indicate the bitcoin price has not only found a bottom but is also well on its way to smashing through the $20,000 peak it set in late 2017.…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 3

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Intercontinental Exchange Inc (ICE) has been loading up on digital assets for its cryptocurrency platform Bakkt, according to its chief executive officer Jeffrey Sprecher. This has helped ICE buy assets at a discount, which would not have happened if the markets were in a…

Tron (TRX) Prices Flat, Did Justin Sun Consider Investing in BitFinex?

Tron (TRX) range bound but up 4.5 percent Justin Sun could invest in BitFinex IEO The integrity of any blockchain team lead them to success or failure. Therefore, the decision of Tron’s co-founder Justin Sun to contemplate  investing in an IEO of a trusted exchange headed by a questionable team should under ordinary circumstances  raise red flags. At spot rates, Tron (TRX) is up 4.5 percent from last week’s close, and bulls are aiming at 4 cents. Tron Price Analysis Fundamentals BitFinex is under siege. Apart from the mess around…

Ethereum Foundation Re-Releases Community Website

The Ethereum Foundation has decided to release a new iteration of their community website ethereum.org, according to an official tweet on April 30. According to an Ethereum Foundation blog post on the same day, ethereum.org is intended to be a repository of community-created Ethereum content, such as documentation and tutorials built by community members. The Ethereum team goes on to say: “This is a website for a community that is busy getting things done: on-boarding new developers and users, educating ourselves and each other, and building.” This is reflected in…

Ripple (XRP) Performance Dismal, Central Banks Fight Back

Ripple (XRP) performance dismal, bulls add 1.3 percent in 24 hours. Despite apparent efficiency, a central bank official said he sees no potential in Ripple An official from Singapore’s MAS is skeptical of Ripple’s capabilities after the country’s Project Ubin linked with Canada’s Project Jasper effecting the first transaction. Reflecting this negativity is Ripple (XRP) poor performance in the top-10 and failure to close above 34 cents as prices range. Ripple Price Analysis Fundamental Over and above everything, Ripple is, first of all, a global fund transfer and payment platform.…