Cryptocurrency News
While most financial institutions have continued to be proponents of the ‘blockchain is good, cryptos are bad’ narrative, two of Russia’s largest banks are piloting a new cryptocurrency program for their clients. The two, Sberbank and Alfa-Bank, will offer their clients shares in a special new fund that will list […]
Despite skepticism from cryptocurrency traders and Ethereum users, decentralized digital asset exchanges are experiencing a rapid growth rate in terms of volume, led by IDEX, the most widely utilized decentralized application (DApp) on the Ethereum protocol. IDEX Overtakes CryptoKitties Throughout the past eight months, CryptoKitties, the Ethereum-based digital collectibles platform […]
Despite having announced an ICO and a potential transformation into a decentralized ledger, ASKfm felt there still wasn’t enough attention on it, which could potentially hurt its chances of hitting its fundraising targets. It therefore embarked on a particularly daring publicity stunt. The Q&A social media platform sponsored four Ukrainian […]
On June 19, Norwegian authorities, engineers, and scientists led by Transport Minister Ketil Solvik-Olsen and Avinor CEO Dag Falk-Petersen successfully tested a one-man plane run 100 percent by electricity. Commercial Electric Aircraft in Seven Years Avinor is a state-financed organization that oversees the operations of most of Norway’s airports, including […]
Even though there are a lot of debates taking place regarding Bitcoin mining, the network is in a good place. Regardless of energy consumption concerns, the overall hash rate has risen steadily over the past nine months. At this rate, reaching 45 exahash per second will not take all that long. […]
At press time, the father of cryptocurrencies has not moved and remains at $6,700, which is where it has been for several days, now. This is both good and bad in a sense. On one hand, bitcoin refusing to grow in price or get any larger is never a good […]
A lot of things continue to happen behind the scenes of the EOS project. While that is usually a sign of positive growth, it seems the recent emergency actions have caused quite a few concerns. With the network grinding to a halt and a fix being deployed hours later, the […]
The state of New York has been rather interesting to keep an eye on when it comes to Bitcoin and other cryptocurrencies. Given the state’s introduction of BitLicense, it has become evident that it wants to subject service providers to very strict regulations. Square, the well-known payments company, has received […]
These are very peculiar times for the cryptocurrency industry as a whole. With the Bithumb exchange facing a hack, one would expect a lot more market volatility. Somehow, that momentum has seemingly been contained. While no big gainers are visible in the top 10, the Ethereum Classic price is noting […]
Cryptocurrency exchanges play an integral role in this booming industry. They are the go-to solution for people looking to buy and sell Bitcoin and altcoins. Unfortunately, not all trading platforms can or should be trusted. In Ukraine, half a dozen fake trading platforms were shut down last week. Cracking Down […]
It is evident the cryptocurrency industry continues to attract people from all walks of life. Those with little money hope to strike it rich, whereas the wealthy hope to make more of what they already have. One thing both groups have in common is a desire for better cryptocurrency advice. […]
The topic of cryptocurrencies and taxes has been kicked around a fair few times. It seems cryptocurrency trusts offer a legal method of avoiding taxes. They are not necessarily for everyone, yet they do raise some interesting issues. The Future of Cryptocurrency Trusts It has become apparent that not everyone wants […]
No one will be really surprised to learn there isn’t much positive momentum across the cryptocurrency markets these days. Bearish pressure has been a part of the game for most of 2018. The EOS price is under severe pressure right now, as the negative momentum continues to mount. EOS Price […]
New York, NY, June 20, 2018 – Today, cryptocurrency exchange Bittrex aided in locating and returning stolen funds to Elizabeth White, CEO of The White Company – a cryptocurrency asset management and luxury marketplace that facilitates sales of high-end goods and experiences – after the Superior Court of Delaware last […]
IKEA, the world’s largest furniture retail company based in Sweden which focuses on selling ready-to-assemble furniture and home accessories, has had the Science-Based Targets Initiative (SBTi) approve its plans to reduce greenhouse gas (GHG) emissions from its stores and other operations by 80 percent by 2030. Unrealistic Targets Are Difficult […]
At press time, bitcoin is staying put at $6,700. The currency reached this “pinnacle” just 48 hours ago after rising to $6,500 from its recent low of $6,200. There isn’t a whole lot to be said about bitcoin, presently. Most sources and analysts are of the same sentiment – that […]
Innovation is not hard to come by in the cryptocurrency sector. Although most of these changes are taking place behind the scenes, community feedback also plays an integral role in the process. One particular proposal to make Monero’s GUI client more user-friendly is attracting a fair amount of attention. Improving […]
It would appear the most recent cryptocurrency momentum is already turning against the markets once again. That brief spell didn’t last long, albeit it was to be expected. The Binance Coin price is the first to go in the red, thanks to declines in USD, BTC, and ETH value alike. […]