In the closing weeks of 2017 investors flocked to the cryptocurrency market in a big way after seeing the enormous gains that Bitcoin made in just a few short months. Bitcoin traded for less than $5,000 per coin in October. Fast forward to December, and the leader in the cryptocurrency space nearly reached a staggering […]
Visa has terminated its partnership with WaveCrest, a Gibraltar-based digital payment processing company. In turn, this has essentially disabled Bitcoin and cryptocurrency debit cards. A WaveCrest representative stated, “We deeply regret the inconvenience that this has caused to all of our customers affected by this decision.” Several of major debit card service providers have been […]
Because Bitcoin investments have had such amazing returns newbie and veteran investors alike are showing great interest in Bitcoin Alternatives such as Stellar, Ethereum and Ripple. One of the newest virtual currency that is making a big splash on the market these days is Tron (TRX), due to an extraordinary surge in its value last […]
Jamie Dimon, the CEO and chairman of investment bank JPMorgan who said last year that Bitcoin was a “fraud,” seems to have changed his mind on the matter. Nevertheless, Dimon says, don’t expect governments to stand back and do nothing — no currency exists outside their control. While at a JPMorgan conference in San Francisco […]
Reports have emerged that the popular cryptocurrency Monero is routed to North Korea through malware. The report, from cybersecurity firm AlienVault, claim to have detected software that installs code for mining cryptocurrency on unsuspecting computers. The mined coins are then transferred to a server which is supposed to exist inside a North Korean university. The program […]
RaiBlocks (XRB) has been chosen as “Binance’s Community Coin per month,” an event likely to increase the viability of the new cryptocurrency offering. The Community Coin is a competition in which Binance users are allowed to vote for a coin to be listed on their exchange. The winning coin is awarded a free listing placement […]
Accusations were flying on social media over alleged plagiarism by cryptocurrency newcomer Tron (TRX). Many of the pages in a Tron whitepaper appear to have been lifted straight from an InterPlanetary File System (IPFS) whitepaper. Juan Benet of IPFS provided most of the analysis the details the alleged plagiarism. The introduction is Tron’s own, but […]
A year ago Bitcoin was dismissed as the delusional creation of online gamers ranting on Reddit from their parents’ basements. Now world powers facing off against the United State’s financial and political hegemony embrace the nascent cryptocurrency as a counter to America’s dominance. Russia is estimated to have lost more than $60 billion from sanctions […]
In a turn of events that has set the financial world abuzz, camera maker Eastman Kodak Company announced it has plans to host an initial coin offering (ICO). The new coin, to be called KodakCoin, will be a cryptocurrency for photographers. In a press release, Kodak said the purpose of KodakCoin will be to “create an […]
