Tag: Blockchain
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Bitcoin Creator Sued for Stealing $5 Billion Worth of Crypto
byCraig Wright is being sued over the rights to $5,118,266,427.50 worth of bitcoin and other assets. Wright claimed in 2016 that he was Satoshi Nakamoto, the mysterious inventor behind bitcoin. Wright allegedly created contracts fraudulently to lay claim to bitcoins mined by former business partner Dave Kleiman. Self-proclaimed bitcoin creator sued for allegedly stealing $5 […]
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The Newest Cryptocurrency Comes From Venezuela
byThe newest cryptocurrency is the invention of Venezuelan President Nicolás Maduro. The “petro,” as the cryptocurrency is known, was launched this weekas a very creative Hail Mary by a struggling autocrat. The website for the cryptocurrency claims that in its first issue, opened for trading on Feb. 20, it made available 100 million tokens, each selling for about $60, […]
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A top Coinbase exec explains the master plan to turn the $1.6 billion cryptocurrency exchange into the next Google
byBusiness Insider checked in with Dan Romero, VP and general manager at Coinbase, to find out what its like trying to grow and scale one of the hottest startups in tech. Coinbase, a cryptocurrency exchange, saw $1 billion in revenue last year as bitcoin surged in popularity and nearly hit $20,000 in value. Now Romero […]
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Regulations And Their Influence On Cryptocurrency Prices
by2017 saw cryptocurrencies swing wildly in valuations daily. Despite a mostly upward trajectory, the market remains susceptible to unpredictable and sometimes extreme fluctuations in prices. While some of this volatility can be attributed to how the current cryptocurrency model was conceived—namely its deflationary nature—and the fact that most coins are still viewed mainly as investment […]
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Here are 5 reasons why 2018 will be the best year for cryptocurrencies.
byHosp has explained before why a potential cryptocurrency bubble could burst in 2018, but there are several factors that make him see upside potential in the space. For bitcoin, the most important cryptocurrency by his estimation, he sees a 150 percent potential upside for 2018. Taking into account several factors, the cryptocurrency market’s upside potential […]
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11 Blockchain And Crypto Companies In Forbes Fintech 50 List For 2018
byForbes writes that perhaps unseen behind the nonstop news coverage of crypto price volatility, the Blockchain companies listed in the Fintech 50 are “building infrastructure—to support both public cryptocurrency markets and initiatives that could transform how current financial transactions are executed …
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Put Your Love Letter On Blockchain To Make It Last For Ever
byForgot to get a Valentine’s Day gift for your sweetheart? There is still time to permanently etch your love on the blockchain. Startups, initial coin offerings, and other services are allowing lovebirds to immortalize their feelings using crypto technology. The blockchain is the technology on which bitcoin and other cryptocurrencies are built. It functions essentially […]
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Future Of Blockchain And Cryptocurrency: Fintech 50 Of 2018
byNewcomer Chainalysis, with just $1.6 million in capital invested, already counts the IRS, FBI and Europol as users of its tools, which allow specific crypto transactions to be traced. Meanwhile, first-time list member Symbiont is working with both incorporation capital Delaware and mutual fund behemoth …
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T-Mobile’s Blockchain To Make A Big Reveal Soon
byT-Mobile has been quietly toiling away on an enterprise blockchain solution for months, and it looks primed to make a big reveal soon. The telecom giant’s interest in blockchain was most recently advanced after the company was prominently mentioned for its role in helping develop Hyperledger Sawtooth’s 1.0 version. Yet, its overarching blockchain work is not widely known. And […]
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Bitcoin Price At Highest Mark Of $9000 And Is Going Down Again
by gulaiymBITCOIN had a price boost yesterday as the cryptocurrency hit its highest price for a week, passing the $9,000 mark, before it saw its value once again slump. The online currency has had a torrid start to 2018 after it saw its price plunge from an all time high of nearly $20,000 in December 2017 […]
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