Tag: Bitcoin
-
The Bicycle, Umbrella and now, Cryptocurrency
byThe recurring challenge of social acceptance for witty technological advancements There is such anger and negative sentiment towards cryptocurrency today. Every day I hear some form of witty argument to counter the use and effectiveness of the blockchain technology. With the manner of words expressed today, you would think crypto will fall into obscurity. So the […]
more -
Why isn’t Bitcoin banned everywhere?
byWhen I first heard of Bitcoin, it sounded like something out of a dystopian sci-fi novel. Digital, cryptographic, uncensorable money? It seemed such a radical idea, it couldn’t possibly belong in this decade. But if it did — if Bitcoin were to go mainstream — I was convinced it would lead to a massive geopolitical disruption, shifting the power […]
more -
Soaring Inflation Sends Bitcoin Trading Volume to New High in Venezuela
byThe amount of Venezuelan bolivars being spent to purchase bitcoin has risen to record levels as the South American country experiences unprecedented hyperinflation and a worsening economic crisis. Per Coin Dance, bitcoins worth nearly 900 million bolivars have been traded so far this week in Venezuela, and this is already higher than last’s week volume of slightly over […]
more -
North Dakota Regulator Issues Cease and Desists Against 3 ICOs
byThe North Dakota Securities Department last week issued cease-and-desist orders against three companies promoting initial coin offering (ICO) in the state. Karen Tyler, the Securities Commissioner, named Crystal Token, Advertiza Holdings (Pty) Ltd., and Life Cross Coin aka LifecrosscoinGmbH, as the latest offenders involved in illegal business practices related to cryptocurrencies. Investigations found that the accused companies were […]
more -
Budding NBA Star is a Bitcoiner, Says His Shoe Brand Will Accept Crypto
bySpencer Dinwiddie is not “rich” by professional athlete standards. Currently, he makes around $1 million a year before taxes from his NBA contract. The 38th overall pick in the 2014 NBA draft at the age of 21, Dinwiddie has already played on three professional teams. Currently, he plays for the Brooklyn Nets and has a […]
more -
PSA: Hackers Are Using Fake Flash Updates to Hide Cryptocurrency Mining Malware
byIt has been discovered that fake Adobe Flash updates are being used to surreptitiously install cryptocurrency mining malware on computers and networks, creating severe losses in time, system performance, and power consumption for affected users. Cryptojacking Breaks New Ground While fake Flash updates that push malware have traditionally been easy to spot and avoid, a […]
more -
Crypto Funds Gets Greenlight from Swiss Financial Markets Regulator
byIn a move that clearly shows the government’s resolve to encourage investments in cryptocurrencies, Switzerland’s financial markets regulator has opened the floodgates for institutional participation in cryptocurrencies. Zug-based Crypto Finance AG subsidiary Crypto Fund AG becomes the first company to get the green light from the Swiss Financial Market Supervisory Authority (FINMA) to offer a wide range of blockchain-based assets […]
more -
Smart Contracts and Legal Challenges
byBlockchain is almost everywhere these days. There is an undeniable hype around it and only the time will show us in which fields this technology will manage to survive. One of the most cited applications of the Blockchain technology is smart contracts, introduced with the Ethereum blockchain, then copied and used in different blockchain-based platforms. […]
more -
The Future of Money Transfer: RTGS and Blockchain
byThe evolution of the world’s money payment and transfer methods (from the perspective of individuals) has developed drastically over the decades. Throughout the evolution, there has been four different phases. Barter, the first phase, extended from 9000 BC up until 600 BC. In this process, goods were exchanged directly between people. This system, however, had […]
more -
RIP Crypto
byAltcoins are dying a coin and code death faster than ever before. The cryptocurrency market is sadly tethered to Bitcoin’s price. Bitcoin’s price is probably at the mercy of large-scale market manipulation and cryptic factors that even the crypto frauds and “decentralization” pretenders can’t simulate. However, the RIP Crypto title here is still just a meme. […]
more