Cryptocurrencies

A cryptocurrency is a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, called altcoins, or specifically of digital currencies.

Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. The most popular altcoins now (August 2016) – Ethereum, Steem, Ripple, Ethereum Classic, Litecoin, Dash, Dogecoin.

Cryptocurrencies use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin’s blockchain transaction database in the role of a distributed ledger.

Mt Gox Ex-CEO Likely to Spend Next 10 Years Behind Bars
December 13th, 2018

The former CEO of bitcoin exchange Mt. Gox is now facing a decade jail term, as prosecutors claim he transferred millions of clients’ funds to his personal account.

Bitcoin SV Price Analysis: BSV/USD Trends of December 12–18
December 12th, 2018

“Double bottom” pattern was formed as it is clearly seen on the chart which indicates that BSV price may hit $92 price level in which if the level is broken the coin may have its high at $96 price level.

Mike Novogratz: Bitcoin Was a Drug and We’re at the Methadone Clinic Now
December 12th, 2018

Bitcoin is down more than 80% from its all-time high, dragging most major cryptocurrencies with it, including the likes of Ethereum and Ripple’s XRP. Despite this, Novogratz remains confident that Bitcoin will make a comeback

First Official Crypto Debate in South Korea: Major Outcomes
December 12th, 2018

South Korea’s lawmakers, high-ranking government officials, and major exchanges meet officially for the first time. The crypto debate is considered a success with several major outcomes.

Ethereum Receives ‘Request for Input’ from CFTC, What They are Trying to Find Out?
December 12th, 2018

In order to improve the commission’s understanding of Ethereum and its underlying technology, the CFTC has announced its intention to publish a respective Request for Information (RFI) with the Federal Register.

Crypto Exchange Gemini Launches New Mobile App
December 12th, 2018

Crypto exchange platform Gemini has finally introduced its mobile app that will facilitate crypto trading for users of Android and iOS devices.

Coinone Launches New Remittance App Utilizing Ripple’s xCurrent
December 12th, 2018

Coinone Transfer has launched its remittance app called Cross which will use Ripple’s xCurrent to ensure speedy cross-border payments.

XRP Price Analysis: XRP/USD Trends of December 12–18
December 12th, 2018

The demand level of $0.25 may be the bears’ target. In case the demand level of $0.25 holds and the XRP price bounce, an upward trend may be experienced with $0.38 – $0.43 as its target.

UNICEF Will Invest $100M into Blockchain Startups to ‘Solve Global Challenges’
December 11th, 2018

UNICEF is investing $100,000 in blockchain projects, aiming to address the global problems within the finance, healthcare, and other sectors.

EOS-based Dapps Lost Almost $1M Through 27 Breaches, New Report Reveals
December 11th, 2018

EOS has experienced significant losses since birth due to security incidents, and it’s being plagued by constant security glitches with 27 dApp security incidents as of November 26. These incidents amounted to a loss of 400,000 EOS.