Archive | crypto

Nvidia Pulls Out of Crypto Mining Citing Low Revenue, While Bitmain Tops Their Profits

The persistent bearish mood of the crypto market where Bitcoin has slipped below the psychological price point of $8,000 has taken a toll on the stock price of Nvidia. The graphics chip manufacturing giant is considering taking cryptocurrency mining production off its budget. Nvidia Stock Price Drops Nvidia witnessed massive growth in 2017, which was… […]

Exclusive Interview: Jessica VerSteeg Talks Product Traceability

Jessica VerSteeg began her career as a fashion and print model for 10 years, and she was crowned Miss Iowa 2014 as well as a finalist for Miss USA. She competed on “The Amazing Race” Season 28 and amassed a large following on Instagram. However, after the loss of her husband to an accidental painkiller […]

Intel, Microsoft Took 10+ Years to See Gains, Crypto Investors in Good Position

As the crypto market fell from 2018’s all-time highs, many short-sighted investors began to declare that “prices would never recuperate.” While this bearish sentiment is the byproduct of the unwarranted elation and irrational exuberance experienced in 2017’s bull run, many industry leaders have continually noted that crypto’s journey to worldwide acceptance won’t happen overnight. “Change Your… […]

Crypto is Taking Over Venezuela, Due to the Country’s Destroyed Fiat System

Venezuela is facing hyperinflation and international sanctions that have brought the economy and its people to their knees. In response, President Nicolás Maduro recently mandated that his Petro crypto will become the nation’s second official currency starting tomorrow, August 20. In relation, some believe a “post-fiat” world is emerging in the country, with both the government and… […]

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

Three Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs. Farsteps is planning a Singapore exchange launch. Meanwhile, Line Corp, the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant […]

Three Hackers Held in China Over $87 million Crypto Theft

Three suspects have been detained by Chinese police in connection with an alleged cryptocurrency theft. The supposed hackers stole bitcoin and other digital assets worth an estimated $87 million USD. Authorities say this is the biggest heist of this type in the People’s Republic so far. Also read: South African Tax Authority Going After Crypto […]

Exclusive Interview: Apple Co-Founder Steve Wozniak Talks Blockchain, Reveals Upcoming Involvement with Crypto Startup

Steve Wozniak, co-founder of Apple, is a computer engineer and inventor responsible for the creation of the Apple I computer as well as a primary contributor to the Apple II. He played arguably the biggest role in the personal computer revolution, and is a forefather of the third technological revolution, which ushered in the era […]

Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset trading platforms have been recording solid volumes,… […]

Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet

In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM […]

Wendy McElroy: The Jiu-Jitsu of Crypto – Personal Freedom vs Social Change

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 7 The Jiu-Jitsu of Crypto: Personal Freedom vs Social Change. It is often assumed that power derives from violence and can be controlled only by greater violence. Actually, power derives from sources in the society which may be restricted […]

Major Exchange CEO: Despite Correction, Demand For Bitcoin Has Not Declined

Yoni Assia, the CEO of major multi-asset trading platform eToro, has said that the correction of Bitcoin is positive for the long-term health and growth of the crypto market. Throughout August, Bitcoin recorded its third major correction in 2018, as its price fell from $8,500 to $5,850. But, shortly after dipping below the important $6,000… […]

UK Regulator Warns Investors of Rising Cryptocurrency Scams

The Financial Conduct Authority, UK’s financial watchdog, is reminding consumers that cryptocurrency scams are rising in the country. Residents in the United Kingdom who decide to invest in Bitcoin or any other virtual currency are not protected by the regulatory framework given that cryptocurrencies are not regulated by the FCA. £2 Million Lost In Cryptocurrency… […]

Why is Zcash 2.0 Sapling Release Important for Private Crypto Transactions?

Privacy cryptocurrency Zcash (ZEC) announced the release of their 2.0.0 version on August 16th, introducing the first Sapling-compatible version of the Zcash node software.  The privacy currency also added several other notable features in the newest software update, including an important fix to the peer banning bug that came about following the previous Overwinter update…. […]