It is no secret that early Ethereum (ETH) ICO buyers later became whales and potential multi-millionaires. But the project also seemed extremely generous to its developers. Ethereum Devs Got Paid for Short-Term Involvement Ethereum, which went through multiple phases of pre-mining, actual mining, and as much as eight hard forks, has always been accompanied by...Read More
While the United States’ regulations surrounding blockchain technology or cryptocurrencies need clarity, other countries like China, Russia as well as Venezuela seem to be making headway. Recently, the Governor of Russia’s Central Bank, Elvira Nabiullina revealed that the country had been exploring the prospects of digital currencies and is even considering launching one that is...Read More
Bitcoin Cash, the would-be de-facto BTC is as popular as its namesake. BCH is the 5th position as per market capitalization. There seems to be a recent activity in the crypto industry related to Bitcoin cash. Rakuten, an e-commerce giant in Japan has decided to allow users to convert their loyalty points to BTC, BCH....Read More
Ripple, the company behind the third-largest cryptocurrency XRP, will be reportedly expanding its presence in Brazil. Just months after it launched new operations in the country, Ripple is expected to announce new partnerships with other major institutions, such as digital banks. Ripple Expands Brazilian Influence Ripple is planning to expand its presence in Brazil with...Read More
While Bitcoin is an asset independent of central banks, of banks, and of Wall Street, the cryptocurrency’s strength and underlying value proposition have become increasingly dependent on events in the traditional financial world as this fledgling industry has grown.Related Reading: Bitcoin Fixes This: Top Bank Chief Says Monetary Policy is FailingOne such pro-Bitcoin event, or...Read More
Over the past three days, despite that most of the traders are off on vacation, we could see a nonsense trading around the $7200 BTC mark. The following daily chart tells the short-term story: throughout the month of December, Bitcoin can’t get over the green resistance line – including the latest tryout two days ago...Read More
Huobi, one of the major cryptocurrency exchanges in the industry, launched a fiat getaway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether (USDT) on December 27. Being one of the largest economies in Southeast Asia, local investors will now be able to use local fiat currency and trade over 250...Read More
Bitcoin (BTC) has had quite a quiet past few days, flatlining in the low-$7,000s in the wake of Christmas. Analysts say that despite this lull, the cryptocurrency is starting to show signs of wanting to break higher.Analyst Mexbt remarked that he thinks that the cryptocurrency will soon “test the weekly and monthly open,” meaning the...Read More
A holding company for a multitude of businesses, Berkshire Hathaway is one of the most successful companies in the world. As of March 2019, it has a market capitalization value of $500 billion! Measured by revenues, Berkshire Hathaway is the largest corporation in the USA. So, who is the man behind this massive success? Well,...Read More
Blockchains can be used to make decisions based on voting. How can this be harnessed to resolve conflicts and disputes? Disputes are usually settled through mainstream channels. Legal systems offer several settlement methods from lawsuits to arbitration. Even outside the legal system, there are options: banks and companies have a way to handle complaints from...Read More
As per an email to verified customers, the Bitfinex exchange has noted that it is increasing the KYC verification system. The email urges verified customers to produce their additional information including address proof. Moreover, Bitfinex also asks the user to share details on the source and use of funds. The details will be retained securely...Read More
Maker Foundation’s Interim Governance Facilitator, which is responsible for maintaining the ecosystem supporting the governance process, announced placing an “executive vote” for the community to approve a change in the protocol. According to its official blog, the alteration proposed in the Maker protocol in terms of debt ceiling adjustment was: Lower the Sai Debt Ceiling...Read More
Over the holiday season, Bitcoin (BTC) has stalled in the low-$7,000s, finding itself stuck between a rock and a hard place. Although some say that this is indicative of an impending return to the $6,000s, then the $5,000s, a prominent cryptocurrency-centric fund manager has asserted that the leading cryptocurrency is poised to retake $9,000 within...Read More
Monero has a reputation for being completely decentralized. That means no outside observer can tell the source, amount or destination of Monero transactions. Although there were many instances that claimed XMR coin is untraceable, no profound evidence was found. However, Europol officials have confirmed that Monero transaction indeed is invisible. In a recent turn of...Read More
Almost similar to Bitcoin, Litecoin is a peer to peer cryptocurrency and open source software project. It provides the fastest trading using modern technologies. Today, Litecoin is placed at no 7 on the list of largest digital currencies by market cap and is one of the most successful digital currencies in the crypto world. Want...Read More
It is crucial for altcoin and blockchain projects to deliver on initial promises. OmiseGO appears to be on the right track, following is first mainnet transaction. It appears as if OmiseGO has been around for several years now. A big Step Forward for OmiseGO That in itself is interesting considering its own native blockchain hadn’t...Read More
Scientific developments can have a major impact on society. It now appears that human teeth can simply be regrown through a relatively simple medical procedure. When an adult human loses a tooth, it will never come back. Regrowing Human Teeth With Stem Cells The only option to fill the gap is by using a fake...Read More
Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of the region, yet enjoy high profile partnerships and endorsements in...Read More
If you’ve followed the Bitcoin and cryptocurrency space at all over the past few years, you likely know of the term “HODL,” A misspelling of the word “hold,” HODL is an industry joke used by cryptocurrency investors who believe that the price of BTC will appreciate with time, primarily due to adoption and the asset’s...Read More
An Ethereum project migrating to the Tron blockchain was singled out and practically “erased,” highlighting inconsistencies in Tron’s supposed mission of decentralization and censorship resistance. In February, POP Network, a startup building better decentralized peer-to-peer media streaming, chose to migrate from Ethereum to Tron to take advantage of its greater speed. This is exactly the...Read More
Earlier this month, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.)Related Reading: Bitcoin Poised to Collapse...Read More
Bitcoin’s bulls were able to defend BTC from facing a much steeper sell-off today, which comes closely on the heels of the recent rejection the cryptocurrency experienced, which to many investors signaled that significantly further losses were imminent.Analysts are now explaining that bull’s ability to defend against further losses points to the possibility that the...Read More
Mainstream media is probably one of the worst mediums for factual information because it’s typically filled with ignorance and propaganda. When it comes to cryptocurrencies, darknet markets, and encryption, conventional news outlets publish hit pieces that are beyond absurd. On December 27, Harper’s Magazine published a feature report called “Click Here to Kill,” which described...Read More
