Even though Canada has become a very important country for cryptocurrency mining, it seems things are changing behind the scenes. The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners. As such, the rates will be increased by up to 300%, which might […]
Recent Posts
South Korea’s Cryptocurrency Industry Sees a Growing Number of Trading Bots
Trading bots have been playing an increasingly important role in the world of cryptocurrency. That in itself is a very positive development, although it may lead to a lot more speculation and volatility. It seems a few bots are making their mark on the South Korean cryptocurrency industry these days, […]
Japan’s FSA Will Take Action Against bitFlyer and Other Registered Exchanges
It has become apparent that the Japanese Financial Services Agency is closely monitoring all domestic cryptocurrency exchanges. Any wrongdoings will be pointed out quickly and the issues will need to be addressed accordingly. Various registered operations will face administrative sanctions later this week. The Japanese FSA Takes Harsh Action Ever […]
Essentia.one allocates $11m to incubator fund for nurturing projects built on its protocol
The decentralized interoperability protocol Essentia is set to launch a fund valued at over $11 million to expand their ecosystem and incentivize projects to be built on top of the platform. Disclosure: This is a Sponsored Article The fund will drive development of a thriving program to accelerate real world […]
Bitcoin’s Lightning Network Now Powers a Version of Pokemon
Blockchain technology has many different use cases. One of the concepts actively being explored right now is games. They are an interesting example of what Bitcoin’s Lightning Network is capable of. Very few people had assumed it would ever power a version of Pokemon, after all. A Lightning Version of […]
The Number of Bitcoin ATMs in Australia Doubled in the Past Six Months
Australia is quickly becoming an integral part of the cryptocurrency world. Thanks to solid regulatory developments and a growing Bitcoin ATM network, bringing cryptocurrency to the masses has become a lot more straightforward. It is quite interesting to see how things have been accelerating over the past six months in […]
Embezzlement, Burglary, and Insider Trading Allegations Send Skycoin Crashing Down
Of all cryptocurrency projects, Skycoin is perhaps the one that the community is most opinionated on and confused by. Especially recently, Skycoin has grabbed the attention of cryptocurrency enthusiasts worldwide. Unfortunately for holders, each passing headline seems to send the ambitious project down further. After achieving a temporary high of […]
What Is a Decentralized Autonomous Organization?
A key topic of discussion within the cryptocurrency space is the ultimate implications of cryptocurrency and the underlying blockchain technology. One of the first transformational possibilities shared among the community was the idea of the Decentralized Autonomous Organization (DAO). What Is a DAO? A Decentralized Autonomous Organization represents an environment […]
CreditCoin.com Now Quickest and Easiest Way to Buy Cryptocurrency
Frustrated with the strenuous process and lengthy waiting times associated with obtaining cryptocurrencies, the team behind CreditCoin had an epiphany. Cryptocurrency was clearly having a revolution and demand was quickly increasing and being adopted into the mainstream, yet something was missing. The team noticed that exchanges were hard to navigate […]
Bitcoin Price Watch: Currency Still at $6,700
Bitcoin is not changing. This is both a negative and a positive sign. $6,700 is nothing to be particularly pleased about considering the currency was trading in the $7,000, $8,000 and even $9,000 ranges over the past two months, yet we can’t help but feel a little relieved that bitcoin […]
Banks Continue Expressing Support for Blockchains
Long-term investment in blockchain technology is an opportunity for the banking industry to reduce costs and become more efficient. This is according to Sergio Ermotti, the CEO of UBS Bank. In an interview with CNBC, he stated that the bank would continue to invest in blockchain tech in order to […]
Take a 360° Tour Inside HIVE Blockchain’s Massive Clean Mining Farm
Cryptocurrencies are already a sticky enough concept for most laymen and non-enthusiasts to get a grip of, and introducing yet another abstract term such as mining can cause even more confusion. Traditionally, mining has had a straightforward, unchanging definition—people working underground or in quarries to extract some kind of element. […]
Stellar Price: Small Decline is a Precursor to More Bearish Pressure
With all cryptocurrencies lowly heading in the red again, it is evident today will not end on a high note. The Stellar price is setting the tone in this regard, as it has lost a fair bit of value in quick succession. For the time being it remains unclear how […]
Privacy-Focused Mainframe Donates 1,000 ETH to Press Foundation
Barely a day after announcing that it would be accepting cryptocurrencies as donations, Freedom of the Press Foundation (FPF) has received 1,000 ETH in its first-ever crypto donation. The donation was made by decentralized communications network Mainframe and is worth $530,000 at current market rates. Mainframe stated in a blog post […]
Hada DBank Brings Premier Blockchain Venture Group: International Blockchain Capital’s Top Management As Advisor
Blockchain’s biggest effect as a disruptive technology is, beyond doubt, the financial sector. With the first of cryptocurrencies, bitcoin, designed specifically to bring in efficiencies and lowering cost of transactions, the technology’s use has increased many folds in the last few years. Disclosure: This is a Sponsored Article Though many […]
McAfee Announces He Will No Longer Support ICOs Due to SEC Threats
One of the most fervent and bullish ICO promoters has announced that he’ll no longer work with ICOs. John McAfee, the renowned computer programmer and businessman behind the McAfee security software company, made the announcement via Twitter. McAfee has been a vocal supporter of cryptocurrencies and ICOs, having predicted that […]
Blockchain powered Video Sharing Platform Viuly Launches Beta Version
At the dawn of the Internet age, you would be hard-pressed to see the financial benefits that could emerge from the technology. But as time progressed, it became apparent that anyone anywhere could earn money in a diverse range of ways. Disclosure: This is a Sponsored Article One of the […]
Bitcoin Is a Poor Substitute for the Institutional Backing of Money: Report
Cryptocurrencies come with poor efficiency and consume too much energy. They also lack the ability to scale and meet demand, and are too volatile for retail use. These are just a few of the reasons given in a new report as to why cryptos are “a poor substitute for the […]