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Dogecoin (DOGE) processes three times as many transactions as Bitcoin Cash (BCH) per day, data shows this month — as Bitcoin’s (BTC) hash rate expands to an all-time high. Unlikely Success? Figures reproduced on Twitter by social media commentator Armin van Bitcoin confirm the curious rise of DOGE, which has seen renewed attention this year after its surprise use in a chain swap project with Ethereum. #dogecoin now has 3X more transactions than #bcash. 😐👇
After a fairly stagnant weekend for the cryptocurrency market, the downtrend continues as all top 45 players are in the red. However, despite the serious market correction, Binance Coin (BNB) continues its uptrend — marking significant gains over the past week. The entire cryptocurrency market marks a slight decline over the last 24 hours, currently capitalizing at about $274 billion — after having lost roughly $6 billion in 24 hours. Bitcoin is also trading in the red,
“In today’s environment, hoarding knowledge ultimately erodes your power. If you know something very important, the way to get power is by actually sharing it.” — Joseph Badaracco The Fourth Industrial Revolution Historically, our society has undergone paramount technological changes in three industrial revolutions: 1st Industrial revolution – 1765: mechanization; 2nd Industrial revolution – 1870: mass production; 3rd Industrial revolution – 1969: automation Today, technology is already changing our lives. Drones deliver goods, Siri helps
After more than 15 percent of the EOS community has already voted, Bitfinex — one of the leading candidates — has deployed an open-source voting tool which affords users the ability to vote directly from the trading platform while, at the same time, being able to trade. Bitfinex Ballot, as the tool is dubbed, is already available for voting and for deployment on other exchange platforms. To the Bitfinex Ballot Box The world’s sixth largest
After various delays, the ICON (ICX) token swap is almost upon us. Here’s everything you need to know before the platform switches out its ERC20 ICX tokens for mainnet ICX tokens! In the coming days, ERC20 ICX tokens will be swapped out for mainnet ICX coins. The exchange rate will be pegged to a ratio of 1:1, and mainnet ICX coins will not be backward convertible into ERC20 tokens. I just published “ICX Token swap
Many of those invested and interested in the cryptocurrency markets were around for the rise and fall of the Dot-com era and birth of the widespread public internet. The Dot-com bubble burst is constantly being used in arguments that cryptocurrency will suffer the same fate, bringing the markets to a crashing close. Are we early to the party, or just in line for disappointment? Boom And Bust It is safe to say that anyone who has
The US SEC has decided Bitcoin and Ethereum will not be regulated as securities but the debate continues to rage over Ripple, the third-largest cryptocurrency by market capitalization. Some argue US FinCen has already set a precedent for Ripple’s definition, which will mean the SEC must eventually follow suit. June has seen the US Securities and Exchange Commission (SEC) make clear that Bitcoin (BTC) and Ethereum (ETH) are not securities and will not be regulated
The struggles of cryptocurrency hedge funds in 2018 seem to have no end in sight. With half of the year almost gone, these crypto-focused hedge funds continue to perform poorly. Declining Revenues Amid Price Dip According to the Financial Times, cryptocurrency hedge funds are down by 35 percent so far in 2018. This decline is in stark contrast to 2017 when revenues grew by 2,700 percent. Such was the success of the market that a
If you’ve bought into EOS with an intention to be a long-term HODLer without having to do anything with the tokens, you might want to reconsider. According to the project’s Constitution, if your account is inactive for 3 years, it may be put up for auction. A closer look EOS’ highest law can certainly make you raise an eyebrow. EOS, the project which raised $4 billion in a year-long Initial Coin Offering (ICO), has put
Though the availability of formal cryptocurrency and blockchain education around the globe is increasing rapidly, the UK Department for Education (DfE) appear to have no immediate plans to include cryptocurrency as a topic in the UK school curriculum. However, the country’s school children will see a “rigorous” new mathematics curriculum and financial literacy education. In a recent interview, a Department for Education (DfE) spokesperson did not voice any objection to cryptocurrency but equally did not
The banking sector has long been untrustworthy, taking advantage of customers while implementing centralized and opaque practices which serve to only benefit financial institutions. In essence, you lose your hard-earned money while wealthy bankers add to their stockpiles. Luckily, the days of these unfair business practices are coming to an end. Be Your Own Bank Only time will tell what will happen to traditional financial institutions, but history suggests no institution is too big to
The Walton Blockchain Institute signed a partnership agreement with the Korean Standards Association (KSA) on June 11 to promote top-notch research and development in the field of blockchain technology and implementation. The move is the latest in South Korea’s continued efforts to be a leader in the integration of blockchain technology in the Fourth Industrial Revolution. The Beast Of The East Radio frequency identification (RFID) and Internet Of Thing (IoT) supply chain management company Waltonchain announced
Syscoin, an instant payment cryptocurrency, has fallen victim to a malware attack after a hacker reportedly inserted a tainted Syscoin Windows client into the project’s GitHub account. Syscoin Compromised According to the project’s development team, a hacker replaced the official Windows client with another version containing malware. Users of the software alerted the development team to the presence of the malware in the Windows client when the program started showing up on their computers as malicious.
A recent document released by the US Patent and Trademark Office (USPTO) reveals Walmart has filed a patent for managing demand on an electrical grid using cryptocurrency and blockchain technology. The patent was filed on December 13, 2017, and released by the USPTO on June 14, 2018. It shows Walmart has sought to protect its intellectual property for “Managing demand on an electrical grid using a publicly distributed transactions ledger.” The application is for a
How do you feel about a future that is fueled by the constant drive of wanting to achieve true greatness, by helping mankind in all aspects of life? If this sounds like something you see happening or want to see in the near future, Keplertek is the right project for you. The unprecedented combination of the up-and-coming industries of Robotics, AI, and the Blockchain will change the world in ways we cannot yet imagine! Due
Former Wall Street macro trader and vocal Bitcoin proponent Mike Novogratz has expanded his involvement in the cryptocurrency field, investing $15 million in a startup company which aims to facilitate the launch of trading platforms and tokenizes assets through blockchain-based technology. Despite the current market correction, Novogratz remains overly positive towards the field in general. Investing in the Future of Cryptocurrencies Mike Novogratz, Founder and CEO of Galaxy Digital Capital Management, announced on Thursday that his asset
John McAfee, one of the most opinionated figures in the cryptocurrency community, has clashed with US Securities and Exchange Commission’s (SEC) chairman over the labeling of initial coin offering (ICO) tokens as securities. Speaking via his Twitter account, the tech activist and internet security expert vowed to fight the SEC’s pronouncement. McAfee on the Warpath John McAfee is usually not shy when expressing his views. Ever since Securities and Exchange Commission (SEC) chairman Jay Clayton
It appears that a bug in the ICON smart contract has disabled ICX token transfers. One Reddit user reported a few hours ago that the bug prevents ICX tokens from being moved from any wallet. Modifier Code Flaw Responsible for the Problem According to the Reddit poster, the ICON smart contract bug is the same one found in another cryptocurrency project called Yggdrash. The bug is reportedly a flaw in the modifier code as seen
The popular privacy coin has been one of the worst performers in the past month, especially since the pullback in early May. It has been steadily dropping in BTC value since late April, and it raises the question, why? Privacy Isn’t Selling, Apparently Monero is a staple in the cryptocurrency community, where most people involved in the space have, at the very least, a modicum of respect for the project. The network offers completely private
Authorities in Italy have seized bitcoins from the company wallets of controversial exchange BitGrail as part of standard pre-bankruptcy proceedings. BitGrail was hacked in February 2018, with $170 million dollars’ worth of Nano stolen — which subsequently lead to a major price crash for the coin. BitGrail’s blog was updated today, June 15, 2018, with the following announcement: On June 5, 2018, pursuant to the Tribunal of Florence orders, the Bitcoins contained in the company’s
SimpleFX (SFX), a cryptocurrency and forex broker has launched the iOS version of its mobile app. The platform has been available for Android smartphones since the end of December 2017. Users of iOS mobile devices will now be able to enjoy the unique services offered by SimpeFX in the areas of cryptocurrency, forex, indices, and commodities trading. The New SimpleFX iOS App Just like the Android version, the SFX iOS app delivers the complete trading
Online affiliate marketing programs have existed for years, allowing publishers to get paid for touting products and services, and merchants to pay for obtaining new leads and customers. While this has been a proven system for increasing web traffic and sales, affiliate marketing has yet to become a widely accepted marketing tool in the advertising industry. Affiliate marketing only represents about 5% ($13 billion) of the $260 billion online advertising industry. There is a lack
Having passed the 15 percent threshold needed for a quorum to be constituted, the EOS network is now up and running as all normal functions are supposedly activated. Concentration of Voting Power In an official announcement, the team said that the network has successfully produced its first block. Yet, taking a closer look at the voting statistics shows alarming signs of centralization and concentration of power. As previously reported, 50% of all EOS tokens are
