Blockchain was initially developed as a fiat currency’s digital alternative, but its features soon found practical use in other industries as well.
Graphics card prices are plummeting globally at last thanks to falling cryptocurrency mining profits and increased supplies of popular cards. This means that you're now able to buy many models for the same prices you'd have paid for them prior to the current mining craze.
Last year was a true coming-out party for virtual currencies. In just one year's time, the combined market cap of all digital coins rocketed higher by nearly $600 billion, which works out to a more than 3,300% increase on a percentage basis. It's perhaps the greatest single-year performance we may ever witness for any asset class.
The list of potential uses for blockchain technology span many different sectors with the belief being that almost every facet of life, from finance, technology, economics and sociology, can be disrupted by this decentralized force.
In the last 15 years or so, we have experienced a significant business transformation because of open-source software, cloud, big data and artificial intelligence (AI). These are not just buzzwords anymore because enterprises have adopted various technologies that fall under the umbrella of these terms.
The percentage of women invested and involved in cryptocurrency is far lower than that of men. This could be confirmed by numerous surveys and research studies. Moreover, incidents like the North American Bitcoin Conference, where only 3 of the 88 speakers were women and the conference after party was held at a strip club, show a disparity trend present in the industry.
There are dozens of platforms on the cryptomarket that offer users the opportunity to trade digital assets. There are top crypto-exchanges which have already made a name for themselves. But there are promising newcomers that also are of interest. What are the differences between these crypto-exchanges and “veterans”, what assets are traded there, and what are the benefits for their clients?
Bitcoin’s (BTC) blockchain hit a unique milestone in April as the 17 millionth BTC was mined. If you’re wondering why this number is significant, it’s because there are only four mln tokens left to mine before the 21 mln BTC cap is reached. However, the truth is that most people alive today are unlikely to see that happen.
Despite a decade of use and a twelve-figure market cap, it's still not clear whether cryptocurrencies like bitcoin are here to stay or will cross over into mainstream use.
Telegram is great…when it works. Unfortunately, the crypto world’s favorite messaging app is prone to periodically going down due to technical failures and what seems like repeated attempts by the Russian security services to meddle. Over-reliance on Telegram is a classic case of over-centralization. For cryptocurrency projects seeking a fallback alternative, the following options are worth a look.
Looking to buy some Bitcoin? If you’re new to the world of cryptocurrencies and blockchains, you may struggle with finding the best exchange. It’s important to choose a provider with a good reputation, suitable set of features, and offers the coins you’re most interested in trading.
Investment guru Warren Buffet remains unsold on bitcoin and crptocurrencies. He doesn’t even consider buying bitcoin as investing and compares it to gambling. Interviewed during Berkshire Hathaway’s annual shareholder meeting, Buffet explained his ongoing skepticism about bitcoin in an interview with Yahoo Finance.“There’s two kinds of items that people buy and think they’re investing,” he said. “One really is investing and the other isn’t.” Bitcoin, he says, isn’t.
Two of the world’s largest cryptocurrency exchanges plan to make the tiny European nation of Malta a central hub of their operations, and analysts say others are sure to follow. Officials on the Mediterranean archipelago, the European Union’s tiniest member, are aiming to boost its fortunes by becoming one of the world’s friendliest jurisdictions for a sector that’s caused concern among other regulators.
Japan is quickly becoming a global center for blockchain ventures and cryptocurrency firms. Despite the region’s colorful history–involving Mt. Gox, for example–the local authorities see merit in these new technologies in the global cryptocurrency industry. Major local conglomerates have begun to enter the sector, with some of them operating cryptocurrency exchanges.
Emotions continue to run high as more news is disclosed around Facebook’s massive data scandal. This week, Cambridge Analytica’s former Business Development Director, Brittany Kaiser, told British lawmakers that the political data firm, Cambridge Analytica (CA), used numerous questionnaires to gather data from unknowing Facebook users.
The Reserve Bank of India (RBI) recently mandated any financial institutions and banks that fall within its regulatory purview to terminate any association and service provision to individuals or businesses dealing with virtual currencies. In effect, investors in India will no longer be able to go through established financial institutions and transfer money from their bank accounts to their crypto wallets to invest in cryptocurrencies, moving with the intent to ultimately eliminate cryptocurrencies from the country’s investment space.
"The least evil." That's how one ethereum user described the latest effort to recover $264 million in cryptocurrency lost due to a code fault in a popular ethereum wallet. But while the recovery efforts that have proliferated since the November incident have been so far shunned, a new effort, now documented in code, aims for a simpler and less invasive way to implement the fix.
Bitmain, formally known as Bitmain Technologies Ltd., is a bitcoin miner, designer of ASIC chips, and operator of one of the largest Bitcoin mining pools headquartered in Beijing, China. If you keep up with cryptocurrency news, you’ve probably heard the name Bitmain by now. Some people seem to love Bitmain, some say it’s evil, but what exactly is Bitmain?
The very nature of cryptocurrencies dictate that regulation, control, and by extension, a centralized system, do not fit in with what they stand for. They are supposed to be totally decentralized, and therefore not dictated by many rules.