Creating a central bank digital currency has become a priority for many institutions. Not everyone is in favor of this approach, including some members of the Federal Reserve. There are no proven benefits to a central bank digital currency at this time. Fed Dislike Central Bank Digital Currency Ideas It […]
Recent Posts
WisdomTree Trust Files for a Bitcoin ETF Tied to Futures Contracts
Bitcoin ETFs have not been too successful in passing their biggest hurdle: the SEC. Despite virtually no chance of being approved ,it appears that WisdomTree is trying its hand at another ETF proposal. One has to commend any company attempting to launch a Bitcoin ETF in the past, present or […]
60% of the BTC Supply Consists of Dormant Bitcoin
Given the limited supply of Bitcoin, one would assume that all coins are being moved on the network regularly. That is no longer the case, as the amount of “dormant” BTC has hit a new high. The longer coins remain dormant, the more bullish speculators tend to get. Dormant Bitcoin […]
Cryptocurrency vs. E-money Wallets: Which One Is Better?
In this day and age, almost everything can be done online. You can meet people all over the world without leaving your room, go shopping online, order food online, and even have digital money. Digital money can either come in the form of money stored in an e-money wallet, or […]
How to Maximize Profitability with Cryptocurrency Staking
Cryptocurrency staking first exploded into popularity back in 2013 with the release of Peercoin — the first cryptocurrency based on the Proof of Stake (PoS) consensus mechanism. Peercoin became the first prominent cryptocurrency to offer staking rewards to holders, allowing them to essentially lock up their coins to help secure […]
BitGesell, the True Digital Gold, is Now Available on Hotbit Exchange
BitGesell, the only true digital gold, is proudly listed on major crypto exchange Hotbit Exchange. Ever since the creation of cryptocurrencies, there has been a tough fight on whether any of these assets are digital gold or not. For many die-hard fans, Bitcoin is the one and only. BitGesell proves […]
The best apps and websites for blockchain implementation
Blockchain began as a way to develop and run decentralized cryptocurrencies but, in just a few years, it has started to dominate the digital and tech sphere. Today, blockchain has reached a point of ubiquity that developers can use blockchain to create their own software solutions or get Virgin Casino […]
Zoom Aids China’s Government in Censoring Specific Content
During the COVID-19 pandemic, virtually the entire world has turned to online communication tools and software. Zoom is by far the most popular offering on the market, although it too will bend the knee to China’s government like anyone else. A lot of things are happening behind the scenes of […]
BitPay now Offers a Crypto Payment Card in the US
Several years ago, crypto debit cards were very easy to come by. Today, things have changed significantly, although new entrants are throwing their hat into the ring once again. BitPay is best known for being a Bitcoin payment processor. The BitPay Card is Available Rather than sticking with that business, […]
Sex Robots With Artificial Intelligence are Wanted in Times of COVID-19
Many companies and businesses struggle to remain afloat during the COVID-19 pandemic. One industry that thrives more than ever before is the AI-driven sex robot segment, as demand for these “machines” is heating up. As more and more people are forced to stay at home, they seek alternative ways to […]
Stolen Bitfinex Money is on the Move Again
Over the years, there have been multiple cryptocurrency hacks and thefts. Some of these ventures have been resolved successfully, whereas others go dormant and suddenly note follow-up activity. The year is 2016 when cryptocurrency exchange gets hacked. Illicit Bitfinex Funds Find a new Home During this incident, the company notes […]
Ethereum User Spends Over $2.5 Million on Transaction Fees
There is always one development in the cryptocurrency world that might not make too much sense at first glance. Paying an Ethereum transaction fee of over $2.5 million certainly is rather unique, but primarily costly. Transaction fees are an integral part of most cryptocurrency networks. A Rather Excessive Ethereum Fee […]
Never Borrow Money to Gamble on Altcoin Investments
During the 2017 and 2018 cryptocurrency/ICO craze, some people went to great lengths to invest in these markets. For some, it has paid off well, whereas others now stare down a gaping hole of debt that may never be repaid in full. Borrowing money to invest in financial markets is […]
RIF Directory: The Path Towards Self-Sovereing Identities
RIF stands for RSK Infrastructure Framework and the RIF Directory is an identity and reputation layer for dApps running on the RSK Framework. In addition, RIF also has something called RIF Name Service (RNS), a decentralized service that allows users to have a readable domain on the blockchain. RNS also […]
Chainalysis Confirms Neither ZCash nor Dash are Private, but is Anyone Really Surprised?
Various cryptocurrencies claim to be private, or at least provide some privacy-oriented solutions for its users. A new report by Chainalysis confirms that both Dash and ZCash should not be classified as such, albeit that isn’t a big surprise anymore. Providing privacy in the cryptocurrency world isn’t as easy as […]
Lack of Real-world Use Cases Prevents Smart Contracts From Moving Beyond Stablecoins and Ponzi Schemes
To some people, it would appear as if Ethereum’s smart contract and dApp industry is thriving. Others see the space being dominated by transparent Ponzi Schemes and a stablecoin, hinting at little innovation. The actual use cases for smart contracts remain somewhat limited. Smart Contracts Remain a Niche Industry More […]
Brave Redirected Users to its Binance Referral Link for an Unknown Period of Time
A good controversy in the cryptocurrency industry is never far away. Brave, the browser renowned for its ad blocking and anti-tracking solution, is effectively redirecting Binance users to its own referral links. While many users are impressed by Brave, the browser’s source code hides something interesting. Deceptive Practices by Brave […]
Coinbase Hopes to Persuade the IRS and DEA Regarding its Blockchain Analytics Tool
Coinbase remains one of the biggest gateways to cryptocurrency for both novice and advanced users. It now appears that its in-house developed blockchain analytics software will be made accessible to at least two federal agencies. Law enforcement agencies have shown a keen interest in Bitcoin and other cryptocurrencies. An Interesting […]