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...
Ever-the cryptocurrency bulls, Tyler and Cameron Winklevoss, have responded to recent regulatory murmurs from Washington with optimism. Rather than fearing the tightening of legislation around digital currencies such as Bitcoin and Ethereum, the two embrace it as much needed for growth in the space. Speaking to Bloomberg Television, Tyler Winklevoss...
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,...
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...
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...
Key Points Bitcoin cash price recovered well from the $1340 low to well above $1700 against the US Dollar. However, this week’s highlighted crucial bearish trend line with current resistance at $1900 is preventing gains on the hourly chart of BCH/USD (data feed from Kraken). The pair needs to overcome selling pressure...
Bitcoin is essentially the poster child for cryptocurrencies, and that’s becoming a problem for cybercriminals dealing on the dark web. Researchers from Recorded Future, a threat intelligence company that monitors forums on the dark web where many illegal transactions are arranged, looked through 150 of the dark web’s top...
An ICO for a company called Miroskii has been outed for listing Ryan Gosling as part of their team. The Chinese coin offering gives investors the chance to “join the Crypto Revolution” but there are several red flags over its legitimacy. The chief of these, of course, is their decision...
It’s fair to say that blockchain technology is a bit slow. Let’s face it, Bitcoin’s theoretical limit is 3.3 to 7 transactions per second. For a store of value, with no other real utility, that’s probably fine, although the Lightning Network will help to increase that speed. The real issue...
The Kucoin team has decided to step into the cryptocurrency exchange business in 2017. They are serving the industry with the superior customer service and a good enough UI/UX. Above all, Kucoin is the exchange that honors its users. Stay tuned and discover the Kucoin payback to its token...