Michael Arrington, partner at Arrington XRP Capital, made waves in the cryptocurrency community after he penned an article titled, “It Will Take Years for Smart People to Understand Cryptocurrencies.” Comparing the current state of Bitcoin and cryptocurrencies to the early days of the Internet, Arrington addressed how fiat money facilitates war and is used by...Read More
The developer of the privacy-focused Grin coin and MimbleWimble [MW] protocol, under the pseudonym Yeastplume, has announced the release of Grin and Grin Wallet 3.0.0. The official announcement posted on the Grin Forum by the dev revealed that Grin and Grin wallet 3.0.0 are ready for use in advance of the upcoming hard fork which...Read More
In their bid to source new customers, crypto exchanges will have to reinvent themselves as more than just trading venues. Hungry for Yield: Giving Users What They Want Decentralized finance (DeFi) has championed a new category of investment in the cryptocurrency industry, as the search for yield in crypto native money markets intensifies. Not everyone...Read More
More funny business surrounding the HEX token. Should we really be surprised? | Source: Jaiz Anuar/Shutterstock.com The HEX purchase address used 50 ETH to buy more tokens. The tokens were then sent to an exchange to provide liquidity for HEX traders. HEX continues to benefit its founder, to the severe detriment of its investors. Ethereum...Read More
The controversy surrounding the rationality behind naming a publication ‘Nakamoto’ has taken over crypto-Twitter lately. Nakamoto.com was launched recently in a bid to create “a venue for quality technical, philosophical, and cultural writing,” writing that would cater to the “general interest of the crypto-community” as a whole. The official website states, “Over time we want...Read More
Ethereum Foundation, the non-profit organization that promotes and supports the development of Ethereum, has constantly been criticized for its transparency policy by both members of the ecosystem and outsiders. One of the most prominent figures who has been quite vocal about the policy, or lack thereof, is Bob Summerwill, the Executive Director of ETC Cooperative....Read More
Crypto is entering its second decade, after 10 years of highly dynamic development. Brian Armstrong, CEO, and co-founder of Coinbase revealed his expectations for the coming decade. User Base to Expand to 1 Billion for One Scalable Blockchain Predicting what comes for crypto assets will also in a way outline and affect their future, commented...Read More
3rd January 2020 marked Bitcoin’s 11th year of existence, the day when Satoshi Nakamoto laid the genesis block. On the occasion of the world’s first cryptocurrency’s birthday, ex-CTO of Coinbase and General Partner at Andreessen Horowitz, Balaji Srinivasan, penned down a post titled, “Bitcoin becomes the Flag of Technology”. An excerpt from Srinivasan’s post read,...Read More
American entrepreneur and controversial crypto figure John McAfee, who boldly predicted that Bitcoin would be valued at $1 million by the end of 2020, has openly lashed out on the leading cryptocurrency, referring to it as an ancient technology due to several limitations. This comes as a blow, considering that he was one of the...Read More
Large pools are causing centralization. Cardano’s largest pools are currently over-staked. Though the exact statistics change over time, the issue has been observed for several weeks. AdaPools.org indicates that 18 of Cardano’s 249 active staking pools are saturated as of Jan. 4. In terms of value, 33% of all staked ADA has been allocated to...Read More
“Ether absolutely can be money if the community wants it to be,” remarked Vitalik Buterin, Creator of Ethereum, at the Ethereal Summit that took place in October 2019. The statement was made after Buterin was asked whether he believed if Ether could be a “global permissionless store of value asset that would be most functional.”...Read More
Binance, one of the world’s largest cryptocurrency exchanges, is undoubtedly one of the most fast-paced entities in the crypto-space. Over the past few years, the exchange has recorded tremendous growth in terms of the number of people availing the platform’s services, as well as with respect to the list of services provided by the exchange...Read More
Yet another crisis has rocked the Middle East, with the United States of America, unsurprisingly, in the mix. On 3 January, Qasem Soleimani, the military leader of Iran’s Quds Force was taken out by a U.S-led strike. However, while the frosty relations between the two countries turned sour, the markets turned sweet. No sooner did...Read More
2020 is off to a great start, with cryptocurrencies recording largely positive gains over the last few days. Since 3 January, the total market cap of cryptocurrencies has risen by 7% from $185 billion to $198 billion. Litecoin rose by nearly 1.8% in the last 24 hours alone. However, its prospects for the future seem...Read More
While most of the world countries and entities are making slight attempts to enlarge their cryptocurrency adoption, Venezuela might be way ahead. Judging by the past year, the dictatorship country has been quite favorable towards Bitcoin and other digital assets, with increased trading volume, and its own cryptocurrency to be used in oil trades. Most...Read More
Privacy coins have grown to be immensely popular recently, with many in the crypto-community now realizing the value of coins such as Monero and Zcash. Riccardo Spagni, former lead maintainer at Monero, has been one of the foremost proponents of privacy coins. Spagni made waves after he appeared on a recent podcast and claimed that Monero...Read More
India’s former Finance Secretary, Subhash Chandra Garg, has been very vocal about cryptocurrencies for a long time now, having also played a significant role in shaping the country’s draft policy on cryptocurrencies. Garg has now released a new blog post on crypto and digital currencies titled, “Currencies will be digital; cryptocurrencies will not survive,” a...Read More
Pantera Capital partner Paul Veradittakit, a man known for his contributions in venture capital and hedge fund investments, is the latest crypto-personality to discuss his insight into key crypto-concepts, while also proposing his projections for 2020. Talking a bit about market fluctuations, regulatory battles, financial scandals, Senate hearings, and many more controversies that rocked the...Read More
Only a few days ago, the price of Bitcoin plunged to $6,850 (Bitstamp) in a violent red candle. However, the bulls quickly took charge, and the price recovered to over $7,200 in the next few hours, and since then, the state of BTC has been ever healthier. The largest cryptocurrency is currently trading safely above $7,400,...Read More
Co-founder and Managing Partner at Multicoin Capital, Kyle Samani, recently took to Twitter to express his thoughts on the upcoming Bitcoin halvening event, scheduled to occur sometime in May this year. According to Samani, most of the discussion around the ‘Efficient Market Hypothesis’ with regard to the Bitcoin halvening event is “academic nonsense,” adding that...Read More
With Bitcoin marking its 11th year of existence and the rest of the cryptocurrency market entering a new decade, the question that has been discussed the most is what next for Bitcoin and other cryptocurrencies, with the focus being on its performance this year. The latest noteworthy person in the crypto-market to answer this question...Read More
India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards. Also read: Regulatory Roundup – China Blockchain ETF, New French Crypto Rules,...Read More
Bitcoin aka the digital gold is usually lauded as the cryptocurrency that’s going to end up as the “safe haven” for not just any financial crisis, but also for rising geopolitical tensions around the world. There have been several instances where political events have contributed to mini bull runs and improved price performances for Bitcoin....Read More
