Archive | February 9, 2018

Cryptocurrency volatility: Why the risk-reward tradeoff is skewed

Cryptographic assets are one of the most — if not the most — volatile asset class there is; you can make loads of money or lose everything. While for many the possibility of generating spectacular returns is the key attraction of crypto, are the risks …

Why Bitcoin Is So Volatile – Forbes

ForbesWhy Bitcoin Is So VolatileForbesWhen I wrote my first article on the Bitcoin bubble entitled The Great Bitcoin Scam on December 28, 2017, Bitcoin was trading at $15,433.73. As of today, February 7, 2018, about 40 days later, Bitcoin has fallen by…

Market Swoon Puts Bitcoin to the Test – Barron’s

Barron’sMarket Swoon Puts Bitcoin to the TestBarron’sBitcoin started to rebound last week. But its usefulness as a hedge against stock market volatility has lately been called into question. In the past 90 days, bitcoin has registered its highest corre…

Russians arrested for ‘mining bitcoin’ at nuclear facility – The Guardian

The GuardianRussians arrested for ‘mining bitcoin’ at nuclear facilityThe GuardianEngineers at Russia’s top nuclear research facility have reportedly been detained after they attempted to mine bitcoin on its computers. Several employees at Russia’s nuclear centre in the city of Sarov have been detained after making “an attempt to …Russian nuclear scientists arrested for ‘Bitcoin mining […]

CEO of Ripple, Brad Garlinghouse: Cryptocurrencies are Bad Currencies

The Ripple CEO, Brad Garlinghouse, has stated that he doesn’t consider XRP, Bitcoin, Ether, or any other major digital token as currencies. He elaborated his position to Yahoo Finance at their All Markets Summit on Cryptocurrency which was held on Wednesday. The six-hour event was streamed online and sponsored by CoinDesk. The aim of the […]

What Is Aion?

While the crypto domain continues to garner more and more attention by the day, the mainstream adoption of blockchain technology is still hampered due to issues of scalability, privacy, etc. While first and second-generation blockchains such as Bitcoin and Ethereum worked to create decentralized payment platforms that eliminated the need for financial intermediaries such as […]

MyEtherWallet Co-founder Forks Site – Creates MyCrypto.com

These days, forks don’t seem to be just limited to cryptocurrencies; the popular MyEtherWallet tool has forked today, with a rebranded service named MyCrypto.com being launched by one of MEW’s co-founders. Popular Ethereum wallet MyEtherWallet (MEW) has “forked,” releasing an unexpected alternative product, one of MEW’s original developers announced in a blog post today, February 9th. MEW has […]

Request Network Uses Blockchain Technology to Create a Decentralized Payment System

Blockchain technology is capable of transforming a number of industries, yet it’s been predicted that the financial sector will be leading the way in terms of development via the blockchain. According to IDC’s inaugural Worldwide Semiannual Blockchain Spending Guide, blockchain spending will be led by the financial sector, whose spending is expected to reach $754 million in […]