Tag: CryptoCoin
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The Kodak KashMiner’s Flashy Debut Ends In Failure
byThe much-publicized partnership that would have resulted in digital media brand Kodak’s name appearing on a series of bitcoin miners is no more. Revealed in January at the CES tech show in Las Vegas, the Kodak KashMiner boasted a two-year income projection of $9,000 and required an up-front payment of roughly one-third of that amount. The product […]
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Cannabis Blockchain Solutions Make Sense in Growing Sector
byCannabis was recently legalized in Canada at the federal level. Numerous cannabis blockchain platformscould become more popular as the cannabis industry expands. Although cannabis is still illegal at the federal level in the USA, that could be changing in the next few years as well. Cannabis blockchain synergies exist in many areas. The genetics that lies […]
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Ripple Wants to Beat Bitcoin in India, Initially Planned to Giveaway Billions
byRipple (XRP), the largest bank-targeted blockchain protocol, is attempting to take over 50 percent of India’s finance sector by processing payments with low fees and efficient systems. At the Scaling and Digital Disruption in Fintech conference, Ripple Vice President Asheesh Birla, said that the company envisions surpassing the adoption rate of bitcoin to ensure XRP becomes the dominant cryptocurrency […]
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New US Gov’t Task Force Highlights Digital Currency Fraud for ‘Particular Attention’
byDigital currency fraud will form one of the areas of “particular attention” for a new U.S. anti-crime task force with participation from several government bodies, according to an executive order issued July 11. The Task Force on Market Integrity and Consumer Fraud, which will have the U.S. deputy attorney general as its chair and associate attorney general as vice […]
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Trump Task Force Eyes Crypto Crime
byThe Trump administration has created a new task force that will focus on protecting consumers from one of the biggest fraud threats: crypto coins. Bloomberg noted that a focus of the panel, announced on Wednesday (July 11), will be on the scams involving bitcoin and other virtual tokens, including crimes like money laundering and investment schemes targeting […]
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‘Mad Skillz’: Elon Musk Is Impressed by Ethereum Scam Bots on Twitter
byBillionaire entrepreneur and engineer Elon Musk has recently called attention to scam bots that impersonate famous people on Twitter to steal Ethereum (ETH) and other cryptocurrencies from their victims. Ethereum’s co-founder Vitalik Buterin subsequently reacted to Musk’s tweet, suggesting on July 9 that CEO of Twitter Jack Dorsey should take measures to ameliorate the situation. In his tweet, the world-famous founder […]
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Payment Service CoinGate Launches Bitcoin Lightning Network Pilot for 100 Merchants
byCryptocurrency payment gateway CoinGate is launching a pilot program for 100 merchants to test transactions on a Bitcoin Lightning Network (LN) variant of their service, according to news shared with Cointelegraph today, July 10 According to CoinGate’s blog post, the merchants taking part in the LN trial include esports betting websites, online stores with crypto merchandise, servers and […]
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Augur Platform Prepares for Main Network Deployment
byAugur, a peer-to-peer prediction market platform, is all set to launch its main network on July 9th at 11:01 PST. Augur raised $5.5 million in 2015 by offering its token REP in a crowdsale. Augur was one of the earliest ICO’s on the Ethereum blockchain and has been under development since. Decentralized Prediction Markets The platform allows […]
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Crypto Trading Platform Releases an Arbitrage Trading Soft for Beginners
byBy Laura Desmond Having launched in November 2017, Arbitao, a London-based startup, has introduced its platform for arbitrage trading — the term comes from professional trading and refers to buying and selling the same asset and making profits on differing prices. The platform is already available for experienced users, as well as for novice traders […]
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Ethereum’s Vitalik Buterin Blasts Centralized Crypto Exchanges: ‘I Hope They Burn in Hell’
byCo-founder of Ethereum (ETH) Vitalik Buterin criticized centralized exchanges, saying that he hopes they will “burn in hell,” in an interview with a TechCrunch journalist Jon Evans, July 6. Buterin has reiterated his positive stance on decentralization, claiming that by developing “better” decentralized platforms, the crypto community should be able to take away the “stupid King making power” […]
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