NEM News

NEM is a Blockchain-based peer-to-peer cryptocurrency and a development platform. You can’t define NEM without mentioning its innovative consensus algorithm a Proof-of-Importance algorithm.

Every user of the NEM Blockchain that holds more than 10,000 XEM has his or her “importance score.”  Once a user gets to that threshold, every coin on the account and every transaction that was linked to the account will improve his or her importance score. Miners with a higher importance score are more likely to get a reward from mining. The POI system is designed this way to stimulate NEM users not only to have XEM coin, but also to perform transactions with it.

NEM also provides such features like Messages included in transaction that can be used for secure communication, and multi-signature transactions that protect users from hackers and secure the community-held funds.

Altcoin Watch
Massive spikes in trading volume sent the price of XEM, REP and DNT higher even as Bitcoin price hit a weekly low at $31,000.
NEM, Augur and District0x price push higher while Bitcoin trades below $32K
Jordan Finneseth
2021-07-17T00:30:00+01:00
6196
News
NEM has launched its tokenization chain, Symbol, despite pre-mainnet configuration issues pushing the launch back by two days.
After painful birth, NEM’s tokenization blockchain ‘Symbol’ is live
Samuel Haig
2021-03-19T05:00:58+00:00
18140
Market Update
DeFi tokens and altcoins bore the brunt of today's carnage as Bitcoin price dipped below $48,000.
Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K
Jordan Finneseth
2021-02-23T01:40:00+00:00
41260
Analysis
Bitcoin has broken its all-time high and has more than doubled in value at the peak, but why have some other coins failed to keep up?
Too fast, too furious: Some major altcoins failed to match Bitcoin’s rally
António Madeira
2021-01-20T16:15:18+00:00
19905
Price Analysis
Bitcoin’s rally back to $19,000 could improve market sentiment and push select altcoins higher this week.
Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, XEM, AAVE
Rakesh Upadhyay
2020-12-13T19:52:43+00:00
22869
News
Market analysts are attributing Bitcoin’s sudden surge above $19,000 to aggressive demand from financial institutions and leading companies in the United States...
Experts say institutions drove Bitcoin’s rise to $19K and alt season is coming
Samuel Haig
2020-11-26T08:27:17+00:00
50503
Price Analysis
Select altcoins are moving higher as Bitcoin prepares for a renewed push to $16,000
Top 5 cryptocurrencies to watch this week: BTC, ETH, LINK, LEO, XEM
Rakesh Upadhyay
2020-11-08T22:40:45+00:00
27854
News
Symbol, the forthcoming enterprise and security token-focussed blockchain from the team behind XEM, will host a whiskey fund and Lithuanian collectible token at...
Symbol blockchain to host whisky fund and central bank collectibles at launch
Samuel Haig
2020-10-07T08:51:35+01:00
4870

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