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.

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
38649
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
18610
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
22355
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
50355
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
27570
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
4512
Price Analysis
The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days.
Top 5 cryptocurrencies to watch this week: BTC, DOT, CRO, XEM, XTZ
Rakesh Upadhyay
2020-09-27T20:04:00+01:00
17745
Price Analysis
A short-term bottom for Bitcoin and altcoins may be confirmed if the bulls do not allow the recent lows to be broken during the next fall.
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, NEO, XEM
Rakesh Upadhyay
2020-09-06T19:47:00+01:00
28580

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