Trade.io Cuts Ties with Forbes CryptoMarkets Portal

The Zug-based Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term company Trade.io is ending its partnership with Forbes, the business magazine popular for its billionaire's list. Announced via a press release from the company, Trade.io said it would not renew its licensing agreement with Forbes Media, effectively ending its one-year relationship with the Forbes-branded cryptocurrency portal, called Forbes CryptoMarkets.

“This decision was not taken lightly, and was made with the trade.io clients and token holders in mind. We simply felt our time and resources were better spent on marketing, the exchange and TIO Markets,” Trade.io said.

Launched in October 2018, Forbes CryptoMarkets was the result of a multi-organization partnership with NY investment firm NewCity Capital and Swiss blockchain company Trade.io. The cryptocurrency data website aims to give crypto enthusiasts detailed information and insights on relevant markets, coins, platforms, and blockchain projects.

Around the time of launch, trade.io CEO Jim Preissler told Finance Magnates that the initiative is an equity partnership where the company holds a financial stake in “the success of Forbes CryptoMarkets.” He added that a portion of the revenue trade.io earns as a result of the deal will go towards its liquidity pool.

The site features crypto-related indices

Found online at https://www.forbescrypto.com, the data-oriented portal contains real-time pricing and volume information on several Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and a five cryptocurrency indices worldwide.

Forbes CryptoMarkets also publishes insights and information on top crypto exchanges, including their listed coins, trading instruments, prices, and volumes. In addition, the site has been pulling real-time newsfeed from different sources, including select editorial content from Forbes magazines from around the world.

It’s not clear if Trade.io’s withdrawal would affect the future of Forbes CryptoMarkets and its team that includes data scientists and programmers who leverage quantitative data sources to clarify and present a real-time view of the cryptocurrency and blockchain ecosystem. Although it resembles the popular Coinmarketcap portal, it hardly catches interest although it displays unique indexes tracking different groups of cryptocurrencies.