Following reports in March, Chinese mining rig manufacturer Bitmain has officially announced the release of the Antminer E3, an application specific integrated circuit (ASIC) engineered for mining Ethereum. These new ASIC miners should alleviate some of the pressure that the graphics processing unit (GPU) market currently faces, but many...
Ripple Labs, Inc. has long been on the defensive against claims from cryptocurrency pundits and investors who believe that its native token, XRP, will be viewed as a security by the U.S. Securities and Exchange Commission (SEC) due to its seemingly centralized design.
In the run-up-to G20 summit, the news about the FSB’s positive approach to cryptocurrencies has resulted in an optimistic upturn in the market. While 2018 G20 Buenos Aires summit meetings are getting closer, the global community is discussing the issues of its agenda. It is already clear that being one of...
Roberto Escobar, the younger brother of notorious cocaine drug lord and cult figure Pablo Escobar, has entered the cryptocurrency market with his own ‘Diet Bitcoin’ which he promises will be the last digital currency standing. Diet Bitcoin Will be Lighter and Faster Roberto Escobar’s Diet Bitcoin (DDX), is a hard fork...
Key Highlights Ripple price managed to move further higher and it broke the $1.50 resistance against the US dollar. There is a short-term bullish trend line forming with support at $1.50 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is placed nicely above the $1.45 and...
Bitcoin sunk beneath the key $10,000 mark to a recent low amidst rumor-mongering of a Binance hack that compromised investor accounts. Nothing Was Hacked Rumors that apparently began with a Reddit thread questioning whether Binance customers where being hacked spread across the net resulting in an overall drop in the cryptomarket. It may...
According to a Russian politician, the nation’s central bank are currently considering the Moscow Stock Exchange for cryptocurrency trading purposes. In an interview with Russia’s TASS, a state-owned media outlet, the head of the State Duma’s (the lower chamber of parliament) Financial Market Committee, Anatoly Alksakov, spoke of the plans: “We...
One of the biggest issues facing the cryptocurrency ecosystem at the moment is exchanges. Just by their nature they are centralized and controlled by a profit hungry company. The entire ethos of crypto is to enable peer-to-peer digital money however we are not quite there yet. With exchanges such...
The Prime Minister of India, Narendra Modi, announced today the formation of a platform aiming to provide education on various cutting-edge technologies. The initiative will be known as Future Skills. Future Skills Platform to Focus on Blockchain Technology The platform was announced today at the World Congress on Information Technology 2018 (WCIT)....
It’s every cryptocurrency investors worst fear, the exit scam, and it may have just happened again. All signs point towards the founder of Savedroid having taken the company’s money and ran.Savedroid CEO and Founder Tweets “Thanks Guys” From a Beach in EgyptThe founder of German-based startup Savedroid, Yassin Hankir,...