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.

HydroMiner Starts Pre-ICO Tomorrow for the Eco-Friendly Bitcoin Mining Operations
September 24th, 2017

The new cryptocurrency startup aims to change traditional mining by using one of the most environment-friendly and efficient source of energy.

Ethereum-based Kibo Lotto Is in Its Final Stage of Implementation
September 22nd, 2017

Kibo Lotto, gaming platform based on Ethereum smart contracts, announced that the project development is complete.

Bitcoin Enthusiasts in China Leave the Cracked Down WeChat for Officially Blocked Telegram
September 22nd, 2017

While Chinese regulators are moving closer to shutting down bitcoin trading in the country, traders seem to have a way to work around.

CEOs of U.S. Banks are ‘Very Afraid’ of Bitcoin, Says Wealth Advisor Rainer Michael Preiss
September 21st, 2017

Rainer Michael Preiss shares his opinion about bitcoin, which has been in the center of attention attracting a lot of criticism lately.

µRaiden, a Simpler Version of the Raiden Network, Launched on Ethereum Testnet
September 20th, 2017

The team behind an ethereum scaling solution is launching an off-the-chain micropayment system that is designed to address the scalability and latency problems of the network.

Bitcoin’s Rally Simplified After the Infamous Hard Fork
September 20th, 2017

Last month’s much spoken hard fork has seen Bitcoin price rally to reach new all time high of $5000. Let’s try to understand the possible reasons behind the rally and the future prospects for Bitcoin and Bitcoin Cash – forked version of Bitcoin.

58 Insane Facts About Bitcoins [Infographic]
September 20th, 2017

The infographic details the 10-year history of the most popular cryptocurrency.

Bitcoin Is Trading at $4,000 Despite Bridgewater’s Ray Dalio Calls It a ‘Bubble’
September 20th, 2017

Ending a range of downturns Bitcoin recovers, despite Ray Dalio, Bridgewater Associates’ founder, calls it “a bubble”, and Jamie Dimon, CEO of J.P. Morgan, recently declared it a “fraud”.

Vitalik Buterin Says Ethereum Will Equal Visa in Scale in a ‘Couple of Years’
September 19th, 2017

The founder of ethereum blockchain believes the network has the potential to rival such giant financial companies as Visa in the next couple of years.

Weekly Cryptocurrency and ICO Market Analysis [September 11-17, 2017]
September 19th, 2017

Coinspeaker and ICOBox jointly provide this weekly analysis conducted by Professor Dima Kornilov and Dima Zaitsev devoted to the analysis of cryptocurrency and digital assets markets’ trends of September 11-17, 2017.