One has to commend companies for trying to put a different spin on cryptocurrency mining. Although this industry remains very popular, the concept of mining cryptocurrencies has also gotten a very bad reputation lately. A new startup claims they will use electric vehicles to mine cryptocurrencies, even though it remains […]
Crypto
Hackers Mining Cryptos Using Leaked NSA Surveillance Tools, New Report Reveals
That the NSA could be spying on you is probably something you are aware of, and most probably even made peace with. However, what happens when the same tools used by the government fall on the wrong hands? They use them to mine cryptos. According to a new report released […]
Smartdrops – The Smarter Airdrops
It’s fair to say that everyone in the crypto community has heard of airdrops. In fact, airdrops could be the reason for some people to have joined the community in the first place. Some have been pretty worthless, but others have been fairly significant in value. Whether worthless or valuable, […]
New York OAG Finds 3 Serious Issues with Cryptocurrency Exchanges
According to a report by the New York Attorney General’s office, the majority of cryptocurrency exchanges fail to incorporate adequate safeguards and consumer protections. They are also extremely susceptible to market manipulation, insider trading, and conflicts of interest. So, tell us something we don’t know. 3. Conflicts of Interest […]
Bitcoin Core Developers Issue Emergency Update for Denial-of-Service Flaw
Keeping a cryptocurrency safe and secure from harm is a full time responsibility. Even in the case of Bitcoin, new flaws can be discovered after nearly 10 years of ongoing development. One such issue has been disclosed earlier this week, as it caused a denial-of-service issue with Bitcoin Core 0.16.2. […]
Is Bitcoin Really Money? A Look Into What Qualifies As Money
Recently, a conversation between friends about cryptocurrency, its viability, and its reality in today’s world was held. One side was in favor of crypto and the future it holds, while the other side believed “Bitcoin” (because all cryptocurrency is Bitcoin to those who know little or nothing about cryptocurrency) is […]
Bitcoin Price – Shorts Rekt by Crypto Whales
After sideways trading in the past 2 weeks between the $6,100 and the $6,500 support and resistance lines, Bitcoin decided to say hello by bouncing between the two ranges in a matter of minutes. What caused the Bitcoin price to drop to a low of $6,100 then bounce up to […]
Dogecoin Price Watch – Altcoin Stumbles, Loses Nearly 10%
Dogecoin – the cryptocurrency that began as a meme and one that represents cute little Shiba Inus everywhere – has dropped quite a bit. Over the past two months, the currency has been a real surprise in the altcoin space, moving up the financial ladder while other altcoins experienced slips […]
Sustainable EOS Fork Telos Prepares for Network Launch
With a market cap of well over US$4 billion, EOS is a behemoth in the crypto space. It’s many supporters hail the network as the “Ethereum killer”, citing free transactions and massive transaction throughput. Additionally, it boasts the most successful ICO in terms of funds raised to date. Despite these […]
Fourth-Largest Exchange Bitfinex Launches A Decentralized Ethereum Exchange
Decentralized exchanges have been touted as the future of the market, especially since they give back the control to the users as Satoshi first set out to do when he developed Bitcoin. However, despite the great promise, they have failed to gain traction, with even the most popular struggling to […]
Ripple Price Watch: Currency Jumps Ten Cents Following News from Saudi Arabia
Ripple is trading for about 31 cents at press time. This is roughly ten cents higher than where it was just a few days ago. The currency is doing unusually well and invites comparisons with Dogecoin in how high it’s risen over the past week. One big piece of news […]
Lite.Im Introduces Litecoin SMS Payments in the US
Lite.im is a very powerful service in the cryptocurrency industry, as it facilitates the use of Litecoin SMS payments to US residents. Making cryptocurrencies easier to use will improve overall adoption in the long run. Mobile services will play an increasing role of importance in this regard. The Lite.im Concept […]
LG’s Blockchain Service To Facilitate Cross-Carrier International Payments
LG’s telecom subsidiary, LG Uplus, has signed a memorandum of understanding that will see it offer its users blockchain-based international payments. The service will begin trial early next year and will enable users to make payments in Japan and Taiwan, the first such product by a Korean telecoms operator. The […]
Ethereum Price Under $200 – Things Are Not Looking Good
After hitting a one year low earlier last week, the Ethereum price has been struggling to stay above the $200 level. At the time of writing ETH is trading at $196, down over 10% in the past 24 hours. What is going on? What does the future hold for Ethereum? […]
GAWMiners CEO Joshua Garza Sentenced to Almost 2 Years in Prison
The cryptocurrency industry has seen its fair share of scams and nefarious projects over the years. GAW Miners, a project spearheaded by Homero Joshua Garza, is one of the biggest scams to date. Garza now finally faces a two-year prison sentence for his $9m Ponzi Scheme which gave cryptocurrency an […]
Dogecoin Price Watch: Currency Continues Moving Up in the Altcoin World
At press time, Dogecoin – the currency that began as a joke and represents Shiba Inus everywhere – is trading for about $0.0062. This is a good $0.0040 more than where it stood during our last price piece. For some reason, the currency appears to be doing better than most […]
A Failed Idea – The CEO of India’s Biggest Startup Incubator Gets Facts Wrong As He Tears Into Bitcoin
Bitcoin has succeeded as an asset but has failed terribly as a currency. It has only gained traction within a very small niche following, lacking any use in real-world transactions. It only handles a very small number of transactions compared to its competitors like Visa, all while consuming large amounts […]
Bitcoin Price Watch: Could the Currency Reach $19,000 Again?
At press time, the father of cryptocurrency is trading for over $6,400, meaning it’s virtually unchanged since our previous price article. The currency – once again – appears trapped in the low to mid-$6,000 range, and it’s unclear if the bulls have enough power to last the rest of the […]