2021-7-19 15:09 |
The gaming hardware confiscated by the Ukrainian police was being used to create in-game currency and not for farming cryptocurrency. origin »
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There are trillions of dollars worth of capital not being used. Or rather, they are being used so ineffectively that they might as well not be used. Capital tied up in the supply chain and slowed by the ancient fiat system results in a lot of waiting, borrowing and general ineffective use.
2018-7-12 13:59 | |
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‘Cryptocurrencies Have Already Made Significant Headway’ Bitcoin is already being used as both a store of value and speculative investment. ‘The Next Natural Step’ Like any emerging technology, Bitcoin and its brethren still need some room to grow.
2018-7-9 21:03 | |
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A new study from the Imperial College London and eToro claims that cryptocurrencies are not only nearing mainstream adoption, but also the “next step” for money. ‘Cryptocurrencies Have Already Made Significant Headway’ Bitcoin is already being used as both a store of value and speculative investment.
2018-7-10 19:00 | |
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A new study from the Imperial College London and eToro claims that cryptocurrencies are not only nearing mainstream adoption, but also the “next step” for money. ‘Cryptocurrencies Have Already Made Significant Headway’ Bitcoin is already being used as both a store of value and speculative investment.
2018-7-9 19:00 | |
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A few months ago, a hospital in Scotland broke headlines for being the first medical establishment to recognise cryptocurrency addiction. The gambling addiction unit at Castle Craig Hospital now include addiction to cryptocurrency investment as a part of their treatment programmes after realising that the industry can nurture some potentially damaging addictive behaviour.
2018-7-9 17:30 | |
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The Central Bank of China is calling the country’s crypto ban a huge success as recent data shows that the Chinese Yuan is currently being used in less than 1% of crypto-trades. Chinese Crypto Ban Huge Success The Chinese crypto market once dominated the space, accounting for 90% of all global trades according to a.
2018-7-9 14:00 | |
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What Is GabroTech? Gabro is a blockchain project with a vision to revolutionize the loyalty rewards market by removing the inefficiencies through decentralization and enabling total control for the users.
2018-7-9 11:41 | |
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Youtube has been dragged into a class action lawsuit against Bitconnect for failure to protect its users from being exposed to the scam’s videos. This case might be used by Google and others to justify their bans on crypto ads, arguing that their algorithms can not distinguish between legitimate projects and frauds.
2018-7-9 02:15 | |
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The Venezuelan Petro is a cryptocurrency that is very much used to being in the limelight. Not for being a technological revolution, more for its association with oil funding and funding from the Russian government.
2018-7-6 12:00 | |
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A new report has found that URL shorteners could be being used to enable malicious cryptocurrency mining. If you don’t know what a URL shortener is, then you’re probably not at risk of this, however just for clarity; a URL shortener is a website that allows you to shorten a URL, this is useful for social media and emails for example.
2018-7-4 15:30 | |
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Gabrotech has accumulated data from surveys that have shown that 78% of consumers are unhappy with their loyalty programs. This has led to a broad yet poor percentage of reward points actually being used, which is as low as 10%, depending on the sector.
2018-7-3 14:02 | |
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Stylometry, known as the study of linguistic style, commonly with a viewpoint of identifying an author or writer is being used to search for the fabled Satoshi. Without any useful metrics, it has become the number one method for analyzing the sudden flow of new publications supposedly coming from the work of BTC creator Satoshi […]
2018-7-3 09:47 | |
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The company offering the new PC promises a quarter ether of monthly income for gaming enthusiasts who would like to mine when their expensive configuration is idling. The platform is a hybrid between a powerful gaming computer and a cryptocurrency mining device boasting enough capacity to fulfill both functions. The new Russian gaming PC is
2018-7-3 22:55 | |
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Of the numerous humanitarian applications of blockchain that are being tested, and in some cases already used around the world, implementing cryptocurrency in places where populations are under-served by financial institutes is considered a winner.
2018-7-2 12:30 | |
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A recent analysis shows an increase of Ripple products; RippleNet, xCurrent and xRapid, being used among commercial banks in India since the city of Mumbai became home to the Ripple Inc. where they could service the needs of their customers to ensure smooth operations.
2018-6-29 19:55 | |
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Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away.
2018-6-29 16:42 | |
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The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust.
2018-6-27 20:26 | |
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A US Senate committee was convened yesterday to hear out the issue of cryptocurrency potentially being used to influence future elections as primaries were being held in several states. Bitcoin is a Weapon As Bloomberg reported, the senators were gathered to hear about how cryptocurrency is a tool, almost tailor-made, that bad actors can use.
2018-6-27 12:00 | |
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Yesterday, EOS posted a video on Twitter where the EOS core members narrated their ideas on how they view blockchain being utilized in the next five years. The video features Serg Metelin from Developer Relations, Bart Wyatt from Engineering, Daniel Larimer the CTO of Block.
2018-6-27 08:26 | |
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Very recently, news has found that stablecoin, Tether, has been accused of being used to manipulate the price of Bitcoin. You can see our coverage of this story, here- https://cryptodaily. co. uk/2018/06/new-reports-find-that-tether-is-being-used-to-manipulate-bitcoin-price/ We all know that the cryptocurrency markets are volatile and thus, we all know that lots of influencing factors can change the price of Bitcoin, be that political, traditional-financial or indeed, crypto-financial.
2018-6-26 13:30 | |
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The Bahamas, a Caribbean paradise, or an area of poverty masked by tourist ideology, is the next country to allegedly be dabbling within central bank orientated cryptocurrencies. Such currencies, also known as Central Bank Digital Currencies (CBDC) are being used in experiments worldwide to investigate how cryptocurrency could be used to help enhance or compliment sovereign FIAT currencies.
2018-6-26 04:00 | |
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A percentage of individuals and cryptocurrency users have been using the second layer protocol on the main BTC network as there are 2,307 LN nodes today, and 5,036 open channels. According to statistics, the Lighting Network shows over $142,000 USD worth of BTC locked in channels or being used on the network right now. For
2018-6-26 00:58 | |
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Witek Radomski — co-founder and CTO of Enjin Coin — has developed ERC-1155, a new standard for defining video game tokens on the Ethereum blockchain. Radomski’s journey to improve the gaming experience began 12 months ago in June 2017, when he created code for the first non-fungible token.
2018-6-26 00:25 | |
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The world’s insurance industry is huge. Because, invariably, we all need insurance at some point. It is a multi-trillion dollar industry, mainly dominated by big corporates. In spite being such a large and influential industry, the processes and methods used are quite a pain.
2018-6-25 17:51 | |
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Privacy The US Secret Service is worried about the illicit use of cryptocurrencies. Asking Congress for Help In his testimony, Novy asked “Congress for help in preventing cryptocurrencies like monero and zcash, which provide users with enhanced privacy and anonymity features, from being used for illicit purposes,” Forbes elaborated. According to Forbes, Greg Nevano, an
2018-6-24 21:28 | |
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The cryptocurrency space is filled with crime. Bitcoin and other cryptocurrencies are used everyday for the dealing of contraband goods and prohibited services. Cryptocurrency Exchanges are being hacked and robbed of millions at an increasing rate, money laundering efforts are being aided by various coins, and ICO scams continue to cast doubt over the […] The post Experts say Cryptocurrency Crimes will be on the Rise this Year appeared first on ZyCrypto.
2018-6-24 21:22 | |
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BBVA and Repsol have signed an agreement to work together on developing a blockchain financial solution that renews a 325-million-euro credit line. The revolving credit facility (RCF) is being used on the blockchain for the first time.
2018-6-22 23:10 | |
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The country has sights set on being one of the leaders in blockchain technology and has made a strong statement after the Ministry of Information and Communication Technology (ICT) revealed in a report that 10 billion Korean won (app.
2018-6-22 13:44 | |
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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. But does this mean that it is inherently a bad thing, or are we just counting down the time until cryptocurrency meets same fate? As the world marched across the threshold into
2018-6-18 15:04 | |
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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.
2018-6-18 12:00 | |
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With BTC futures down 55% in 2018, analysts weigh in on the controversial allegations that Tether is being used as a shorting mechanism to manipulate markets
2018-6-15 13:54 | |
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According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network.
2018-6-15 03:10 | |
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There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.
2018-6-14 22:01 | |
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In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security.
2018-6-14 21:32 | |
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Ripple chief cryptographer David Schwartz has said the company’s payment system “is not a distributed ledger,” while revealing doubts from banks about Blockchain. ‘We Haven’t Gotten There Yet’ In comments to Reuters June 13, Schwartz went on record to “concede” the company “hasn’t gotten there yet” regarding banking uptake of its services.
2018-6-14 21:00 | |
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Since the announcement of a partnership between Western Union, the global money transfer service and Ripple, which saw Western Union pilot and test Ripple’s xRapid, rumours have been rife on the topic of XRP being used as a viable currency within Western Unions international money transfer service.
2018-6-14 16:30 | |
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New research out of the University of Texas alleges that the price of Bitcoin throughout its bull run in 2017 was being manipulated using Bitfinex’s Tether currency. Tether May Have Been Used to Prop Up Bitcoin A recently published paper by Professor John Griffin and graduate student Amin Shams examined the traffic of cryptocurrencies on.
2018-6-14 12:00 | |
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In an unexpected turn of events, a new report by the University of Texas has found that ‘stablecoin’ Tether could be being used to manipulate the price of Bitcoin and thus, change the direction of the markets.
2018-6-14 05:00 | |
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Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund.
2018-6-14 01:32 | |
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The shift has already started; finance is moving onto the blockchain, leveraging the decentralization and disintermediation benefits of the technology’s architecture.
2018-6-14 23:52 | |
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Binance Coin (BNB) is currently up more than 5% against both US Dollar and Bitcoin (BTC) simultaneously. The cryptocurrency has been on a continued uptrend since mid March and eyes further gains now that it has broken out of the triangle it was trading in before.
2018-6-11 22:30 | |
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Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York.
2018-6-11 01:16 | |
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The United States and Ukraine have agreed on a proposal for an immediate 30-day ceasefire. This news is pending Russia’s acceptance, according to a joint statement following high-level talks in Jeddah, Saudi Arabia.
Crypto gamblers on Polymarket, the prediction market platform, have staked over $627,000 on the speculation that Ukrainian President Volodymyr Zelenskyy will step down before July. At the time of publication, Polymarket participants estimated a 19% probability of Zelenskyy’s premature exit.…
Ukraine’s crypto tax debate continues as officials consider a lower 5-10% rate while others push for standard income taxes of up to 23%. Ukraine is moving toward legalizing the crypto market, with officials considering a 5-10% tax on crypto income…
Bankrupt cryptocurrency exchange FTX appears to owe a significant sum of money to creditors in more than twenty countries, including Ukraine. Crypto investors from more than 20 customers, including Ukraine, China, and Russia, are not eligible for FTX distributions, Sunil…
Ukrainian authorities have blocked access to Kuna, the country’s first crypto exchange, operational since 2014. Kuna, Ukraine’s oldest crypto exchange, shut down just days after authorities quietly blocked access to its platform without offering any explanation. The news came from…
A Russian citizen from Yakutia has been sentenced to seven years of prison for funding the Ukrainian Armed Forces by sending cryptocurrencies to their account. According to Russian media outlet Izvestia, the man is currently being held in a high-security…
Ukraine is gearing up to block Russia’s use of Bitcoin and other cryptocurrencies in foreign trade, with sanctions already in the works. The government of Ukraine has unveiled plans to impose “sanctions and other solutions” aimed at blocking Russia‘s use…