Cryptocurrency News
Bitcoin’s proof-of-work mining algorithm has sparked a few debates over the past few months. It is considered to be a huge waste of electricity and a borderline environmental disaster. A new proposal has been put forward under the PoWx banner. It is a very different take on cryptocurrency mining, albeit […]
The launch of the Tezos project and token trading is not off to a good start. Even though this launch had been anticipated for quite some time, it appears token holders are very intent on getting rid of their tokens. Thanks to steep daily declines, the value per XTZ has […]
It has been some time since any new developments occurred in the ongoing Bitconnect lawsuits. In a rather surprising turn of events, YouTube has now become a defendant in one of these court filings. That is not a positive sign for the video platform or its parent company, Google. The […]
A few days ago, an interesting story began to surface on Reddit. It was explained that a 0.5 NANO donation was worth more than the average monthly wage in Venezuela. That story has evolved in a positive direction, as the user receiving a donation in that amount successfully bought over 100 […]
Trading platforms are precious commodities in the world of cryptocurrency and digital assets. StellarX is an upcoming platform which will leverage Stellar technology. Various other assets will be supported, which will undoubtedly attract a lot of attention. The StellarX Concept One of the main issues plaguing decentralized exchanges is that […]
The weekend is off to an interesting start where the cryptocurrency industry is concerned. Considering how most currencies are still in the green as of right now, it is very likely there will be some further upward momentum moving forward. For the Ethereum price, the momentum might carry its value […]
As is usually the case when the weekend looms around the corner, cryptocurrency markets tend to do surprising things. This time around, there are some pleasant surprises to take into account. The Ethereum Classic price is an intriguing example of how quickly things can turn around in this industry. Ethereum […]
Malta is quickly positioning itself as a major hub for blockchain and cryptocurrency activity. That situation will only be bolstered by the new regulatory framework recently approved by the country’s government. Malta will receive its own infrastructure to foster blockchain innovation. Another Big Move by Malta It is evident that […]
Bitcoin Gold is one of the many Bitcoin hard forks which never succeeded in gaining much traction. That is unfortunate, but the project is far from dead at this stage. In a new development update, the team has made it clear they will oppose ASIC interference on the network. The […]
There are still some concerns as to whether or not Ripple’s XRP will be labeled a security. The SEC has not yet rendered its verdict in this regard. Another lawsuit has been filed against the founder of Ripple Labs, alleging that the defendants broke state and federal securities laws by […]
Fridays are always interesting days for the various cryptocurrencies. More often than not, there will be some interesting price momentum. Today isn’t shaping up in a positive manner so far. Especially where the IOTA price is concerned, the situation is going from to worse fairly quickly. IOTA Price Drops Like […]
Cryptocurrency continues to struggle when it comes to making a mainstream impact. No real exposure exists outside of the crypto world. That situation will soon come to change thanks to a new sponsorship between CoinDeal and the Premier League’s Wolverhampton Wanderers. CoinDeal will become the team’s first official sleeve sponsor […]
There can never be enough cryptocurrency wallet options. As this industry continues to grow, giving users more ways to secure their funds can only be considered a good thing. Decentral has introduced the Jaxx Liberty wallet, which is slightly different from its regular Jaxx wallet. The Jaxx Liberty Wallet Has […]
Cryptocurrency users have expressed various concerns regarding the HitBTC exchange in the past. Slow response times to customer support tickets and deposit and withdrawal issues have occurred on multiple occasions. It now seems the company is asking some users for their social media information as a proof of identity. The […]
Messaging applications are very keen on issuing their own tokens and digital currencies these days. Telegram has hosted a successful ICO, Kakao is looking to do the same, and now Viber is going down a similar path. Parent company Rakuten’s officials indicated that the new currency may be issued in […]
Cryptocurrency users have a few interesting habits when it comes to dealing with taxes. This has caused the IRS to launch official investigations involving cryptocurrency exchanges. Additionally, it seems the agency has co-founded the J5 initiative, or Joint Chiefs of Global Tax Enforcement. The J5 Initiative Is Born Various countries […]
Exchanges are an integral cog in the cryptocurrency machine. Unfortunately, these platforms often cause issues or run into trouble for a variety of reasons. The Binance exchange has been involved in a recent Syscoin issue which forced the company to delete all existing API keys. It’s another troubled day in the cryptocurrency […]
Numerous connections have been drawn between cryptocurrency and money laundering. It is a worrisome trend, yet one that seemingly will not end anytime soon. A new report by CipherTrace shows that money laundering activity involving cryptocurrency will only continue to increase. Criminals Still Favor Cryptocurrency Proceeds On paper, there is […]