Cryptocurrencies

Bitcoin Soars Past US$7,000 Mark

8 months ago admin2 Comments Off on Bitcoin Soars Past US$7,000 Mark
Image credit: Close-up computer monitor with trading software, Bitcoin on dollar note visible on the background, g0d4ather, Shutterstock.com Bitcoin has surpassed the US$7,000 mark, reaching a new all-time high of around US$7,350 on Bitstamp on Thursday. The digital currency is up by over 620% this year after starting 2017 near US$1,000. At current prices, the Read More

Fake ICOs, Common Crypto Scams and How to Avoid Them

8 months ago admin2 Comments Off on Fake ICOs, Common Crypto Scams and How to Avoid Them
The cryptocurrency world is full of stories of people who are either getting hacked for their precious digital currencies, or they are falling into scams and traps. Because of the decentralized and open nature of the cryptocurrency world, protection is not freely offered. Users are rather expected to be savvy enough to not fall for Read More

How Blockchain Would’ve Saved Bitcoin Gold, Can Stop Hackers

9 months ago admin2 Comments Off on How Blockchain Would’ve Saved Bitcoin Gold, Can Stop Hackers
They say to keep your friends close and your enemies closer. This may prove to be true for Blockchain technology as well, particularly when it comes to new platforms. As has reported already, the recent Bitcoin ‘fork,’ Bitcoin Gold, was the victim of a DDoS attack on the very day it started. According to the Read More

Bounty Hunters Heavily Utilized in Bitcoin, Altcoin World

9 months ago admin2 Comments Off on Bounty Hunters Heavily Utilized in Bitcoin, Altcoin World
A bounty is a reward paid out for the completion of a certain task. In the “Old West,” sheriffs used to post bounties in order to encourage bounty hunters to capture dangerous criminals. This concept is alive and well in today’s world and the cryptocurrency space has made it a core concept of its very Read More

Californian Professor Prefers Central Bank-Backed Digital Currencies Over Decentralized Cryptocurrencies

9 months ago admin2 Comments Off on Californian Professor Prefers Central Bank-Backed Digital Currencies Over Decentralized Cryptocurrencies
Well-respected University of California Professor of Economics and Political Science Barry Eichengreen has claimed that he favors the use of central bank-issued virtual currencies over decentralized cryptocurrencies. He added that the latter will not play a major part in the future of the financial sector. In his interview with CNBC, Eichengreen said that the central Read More

Hacking the ICO: How Greed Defeats the Industry

9 months ago admin2 Comments Off on Hacking the ICO: How Greed Defeats the Industry
In the last few months, the ICO hype has led to exponential growth in the number of companies and entrepreneurs who wish to create it. Nowadays from 30-50 offerings are being announced for launch on a daily basis. And this growth is only gaining momentum. Several thousand offerings are scheduled for Spring 2018. The offerings Read More

Cryptocurrencies Should Not Be Taken For Granted, Central Bank of Swaziland Governor

9 months ago admin2 Comments Off on Cryptocurrencies Should Not Be Taken For Granted, Central Bank of Swaziland Governor
Central Bank of Swaziland (CBS) Governor Majozi Sithole has issued an optimistic statement about digital currencies. He further claimed that the central bank is advancing research on the technology. In his speech at an economic forum in late October 2017, Sithole claimed that it could be a prudent decision to dismiss the cryptocurrencies as they Read More

Russian Duma Orders Blockchain Research As Bitcoin Linked to Income Laundering

9 months ago admin2 Comments Off on Russian Duma Orders Blockchain Research As Bitcoin Linked to Income Laundering
Russia’s increasingly formal approach to Blockchain and cryptocurrency continues as the country activates its anti-VPN law Tuesday. Local news outlet RBK reported this week that the state Duma had opted to order “expert analytical research and opinion polls” relating to Blockchain for 2018. The tools will form part of a government desire to research “standard Read More

Cryptocurrency As The Long Game

9 months ago admin2 Comments Off on Cryptocurrency As The Long Game
When we hear about cryptocurrencies like Bitcoin, it’s usually through sensationalist articles that either declare it to be the economic savior of mankind or warn about the apocalyptic risks of not shifting away from fiat currency. The truth is that most people don’t fully understand the big picture aspects of cryptocurrencies—and, yes, this includes the Read More

Blockchain and Cryptocurrency Regulations Are ‘Unnecessary,’ Reserve Bank of Australia

9 months ago admin2 Comments Off on Blockchain and Cryptocurrency Regulations Are ‘Unnecessary,’ Reserve Bank of Australia
Australian central bank Reserve Bank of Australia’s (RBA) Payments Policy Department officials Tony Richards and David Emery have claimed that the cryptocurrencies and their underlying Blockchain technology do not pose urgent regulatory issues so far. The officials also stated that the central bank will not support any efforts to regulate the core protocols making up Read More