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New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders
International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts. дальше »
2018-11-13 00:43 | |
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A Litecoin Transaction Worth $62 Million, Reported to Cost Just 50 Cents
A transaction of over 1 million LTC was recently completed incurring just 50 cents in cost according to ‘Litecoin. com’. In a medium post ‘Litecoin. com’ they note that it is one of the most valuable and largest Litecoin transactions ever. дальше »
2018-11-13 23:29 | |
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Cleveland’s Great Lakes Science Center Now Accepts Bitcoin Payments
The Great Lakes Science Center (GLSC) is now accepting bitcoin in various transactions. According to a recent news story from a Cleveland-based newspaper, the local Great Lakes Science Center has announced their adoption of bitcoin in a variety of transactions. дальше »
2018-11-13 21:30 | |
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Korean Exchange Pure-Bit Pulled an Exit Scam of at Least $2.87 Million Worth of Ether
Funds from another ICO have just disappeared into thin air leaving investors in total despair. Pure-Bit pulled out this latest scam on November 9, 2018 at 5 PM Korea Standard Time. The exit cost investors 13,678 ETH, which translates to roughly $2. дальше »
2018-11-12 18:59 | |
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This Limited Edition Watch Will Cost You $25,000 in Bitcoin (BTC)
To celebrate the ten year anniversary since the creation of Bitcoin (BTC), a company known as Hublot is launching a limited edition watch. The watch – known as the Big Bang Meca-10 P2P – is available for purchase online using only Bitcoin. дальше »
2018-11-10 13:22 | |
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Bitcoin Mining ’50 Times More Useful’ – Barry Silbert Rebuts Energy Cost vs. Gold
Cryptocurrency industry figures continue to hit back at negative stories about Bitcoin mining in mainstream media, Barry Silbert claiming mining Bitcoin was “50 times more useful” than gold. What’s In A Number? In a tweet November 6, the Digital Currency Group founder and CEO rebutted claims over Bitcoin mining which originally surfaced in the Nature International Journal of Science. дальше »
2018-11-8 02:00 | |
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Hublot Releases Bitcoin watch—A must have Accessory for every BTC Millionaire
The watchmaker Hublot has released a Bitcoin inspired watch called ‘the P2P’ as part of their Big Bang Meca-10 line of watches. The watch has been estimated to cost around 4BTC and is in a limited supply of only 210 units in reference to the 21 million limits on Bitcoin. дальше »
2018-11-7 16:20 | |
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China’s Lufax P2P Lending Platform Eyes Blockchain Technology
Lufax, China’s leading peer-to-peer lending and wealth management platform, has hinted its working on integrating distributed ledger technology (DLT) into its operations to reduce cost and increase transparency, reported The South China Morning Post on November 2, 2018. дальше »
2018-11-5 01:00 | |
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This exchange turned a bus into a Bitcoin ad to bypass Google’s crypto-ban
Online advertising giants like Google and Facebook promised entrepreneurs an effective way of reaching consumers at an affordable cost. But following a series of policy crackdowns, this wasn’t exactly the case for cryptocurrency and blockchain businesses. дальше »
2018-11-2 16:09 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services
Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience. дальше »
2018-10-31 17:17 | |
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Apple’s Steve Wozniak Discusses His Bitcoin Investment “Experiment” on Crypto Trader Interview
Steve Wozniak, the co-founder of Apple, recently sat down with Crypto Trader on how he sees Bitcoin and everything it is involved with. Wozniak didn’t get in at the bottom level, but he joined around the time that Bitcoin cost about $70 per BTC, investing via Mt Gox as his platform. Interestingly, Wozniak was quick […] дальше »
2018-10-29 00:35 | |
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Litecoin Core 0.17 Will ‘Beat Bitcoin Cash’ On Cost And Speed
Litecoin’s (LTC) forthcoming client release will make it “faster” and “cheaper” than Bitcoin Cash (BCH), according to one analyst as developers confirm transaction fees will reduce 90 percent. 10X Fee Decrease Puts LTC In Front Litecoin Core 0. дальше »
2018-10-26 19:00 | |
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Coinbase Lawsuit at a Standstill as Judge Grants Motion to Dismiss
The judge presiding over a class action lawsuit against Coinbase over allegations of insider trading has approved Coinbase’s motion to dismiss the suit. In March of 2018, Jeffrey Berk filed a class action lawsuit in the Northern District of California on behalf of himself and other investors against Coinbase. дальше »
2018-10-26 22:26 | |
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Monero Transaction Fees Reduced by 97% After Bulletproofs Upgrade
After the recent hard fork upgrade of its protocol, Monero has seen its transaction fees shrink by approximately 97 percent, dropping from 60 cents to just 2 cents. дальше »
2018-10-23 22:09 | |
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Mapping the Virtual Economy: Bitcoin and Gaming
Young people are placing a higher premium on leisure time, and a much lower one on buying status items. The low cost of digital media, as well as the high-quality content therein, also promotes non-work activities like playing video games or flying around the Internet. дальше »
2018-10-23 21:00 | |
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Minting the Future of Cryptocurrencies - [BTC Media Sponsor]
In 2009, Bitcoin was ushered in as an alternative to fiat currency, promising to revolutionize the future of peer-to-peer spending. Since then, it has spawned scores of other cryptocurrencies with various value propositions and potential. дальше »
2018-10-22 17:11 | |
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Litecoin (LTC) Continues To See Rising Institutional Interest
Chart for LTC/USD (1W) Gemini just announced Litecoin (LTC) support. A new exchange backed by TD Ameritrade has already made clear its intention to list Litecoin (LTC). Coinbase already has it and so does Circle. дальше »
2018-10-13 18:00 | |
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Nouriel Roubini Tries to Attack Bitcoin by Saying Fees Cost $55, Fails
Global economist Nouriel Roubini expressed his rage against Bitcoin and blockchain while displaying his profound lack of understanding in the field. A Political Rap against Crypto Roubini was present at an informational hearing round “Exploring the Cryptocurrency and Blockchain Ecosystem” organized by the US Senate Committee on Banking, Housing, and Urban Affairs, alongside Peter Van. дальше »
2018-10-12 10:38 | |
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Has Bitcoin (BTC) Finally Succumbed To Stock Market Pressure?
Bitcoin (BTC) held its ground when the stock market plunged deep into the red yesterday. Both the S&P 500 and Dow Jones Industrial Average registered significant drops. However, Bitcoin (BTC) remained unaffected by it. дальше »
2018-10-11 17:00 | |
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SpankChain Gets “Spanked;” Loses 165 Ether in Smart Contract Hack
The adult entertainment blockchain platform SpankChain fell victim to a hack that cost the startup 165. 35 ETH, worth $38,000 at the time, and froze around $4,000 worth of BOOTY tokens. SpankChain Smart Contract Hacked SpankChain announced in a blog post that its smart contract had been hacked over the weekend by an unknown cybercriminal. дальше »
2018-10-11 09:00 | |
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Why 100k Could Be The Limit For Bitcoin?
Earlier this week an article was published which discussed how Bitcoins valuation could be set to 100k at most. As we know, the upper limit for BTC is currently set at $20k, an all time high that has not yet been matched since the cryptocurrency boom of late 2017. дальше »
2018-10-11 23:00 | |
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New Google Ad Jokes About the Sky-High Cost of Mining Cryptocurrencies
In a recent ad about its Call Screen service, Google has revealed its feelings about Bitcoin and other cryptocurrencies, jibing at the massive electricity costs associated with mining them. Call Screen service is a new Android feature developed by the search giant, which will help put an end to telemarketing calls. дальше »
2018-10-10 19:00 | |
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New Malware Targets Fortnite Cheaters' Bitcoin Wallets
Want that cheat item? It's going to cost you.
дальше »2018-10-5 00:45 | |
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Parliamentary Election might favor Bitcoin Mining Industry in Quebec
After a long struggle with past and present governments, the mining industry in Quebec Province may be smiling soon as new parliament elections are likely to bring in officials that are more comfortable with the crypto mining industry in the area. дальше »
2018-10-2 10:43 | |
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Battle of the Privacycoins: What We Know About Grin and Beam’s Mimblewimble
Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-10-2 17:27 | |
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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. дальше »
2018-9-28 23:08 | |
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The Monero Burning Bug Has Impacted Electroneum Too
Yesterday we published a video about Monero and the truth behind the ‘burning bug’, a bug within the Monero network that existed as a result of Monero’s automatic coin burning process. To recap: “The burning bug is a bug that could have allowed hackers to drain Monero XMR assets from any exchange or wallet, at a very low cost. дальше »
2018-9-27 15:30 | |
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Renewable Energy Can Solve Bitcoin’s (BTC) Energy Consumption ‘Achilles Heel’
Global Bitcoin mining operations have been reported to consumer enough energy to power an entire country. BTC mining has also been calculated to consume enough energy to power all the global electric cars for one year. дальше »
2018-9-25 11:33 | |
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HashPlanet: Profitable Bitcoin Cloud Mining Investment Option?
HashPlanet is a cloud-mining platform that aims at providing cryptocurrency miners with reliable and low cost Bitcoin mining solutions. The platform utilizes technologically advanced Antminer equipment to mine Bitcoin 24/7. дальше »
2018-9-21 18:56 | |
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Why Bitcoin (BTC)’s Price Is A False Indicator Of Actual Value
Chart for BTC/USD (1W) Bitcoin (BTC) is currently trading just above $6,400. The average cost for mining one Bitcoin (BTC) lies slightly below this level between $5,800 and $6,200. This is the reason the price has managed to stay above those levels for now despite the fact that the volume is so low that a couple of million dollars could swing the price either way. дальше »
2018-9-20 17:00 | |
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Bank of America Charges Clients 6000 Times More in Fees Than Bitcoin
While Bitcoin critics claim the cryptocurrency is too expensive to use for transactions, data from Bank of America (BoA) shows traditional fiat transfers cost 6000 times as much. $90K Transfer: $45 With A Bank, 75 Cent With Bitcoin BoA, along with other domestic US institutions, makes use of the Federal Reserve’s money transfer network FedWire, which charges them a maximum of 83 cents to process a payment. дальше »
2018-9-20 00:00 | |
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Woman Accepts 21-Day Bitcoin Survival Challenge in Post-Ban China
Do you think you could travel and survive for 21 days on just 0. 21 Bitcoin? How about in a country where the authorities have banned it? A Chinese documentary is following a young woman attempting to do just this in some of China’s major cities. дальше »
2018-9-19 02:00 | |
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Bitcoin Hash Rate Doubles in Three Months, Mining Now Costlier Than Buying One BTC
According to research by Sam Doctor, a quantitative analyst at Fundstrat, Bitcoin mining costs have doubled since May. Increasing Hash Rate Late last week, Doctor released a cost analysis of the notoriously expensive Bitcoin mining process that supports the pioneer cryptocurrency. дальше »
2018-9-19 01:00 | |
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Bitplay Club Announces launch of Visa/Mastercard payment for its Bitcoin Lottery
Bitplay Club’s current games portfolio consists of 2 Bitcoin lotteries. The 6-45 lottery with the Bitcoin jackpot over 8 BTC and 5-36 lottery version with the Bitcoin jackpot over 1 BTC but lower ticket cost. дальше »
2018-9-19 00:34 | |
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Mt. Gox Bitcoin Payouts Could Eventually Destroy The Markets
Mt. Gox, a former leader in the crypto markets and now, the enemy of many. After a hack which saw around 800,000 BTC stolen, the Mt. Gox story has gone from bad to worse, with the exchange now liable for making compensation payments to some of the victims who lost assets during the hack. дальше »
2018-9-17 13:30 | |
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Fundstrat: Bitcoin Hashrate Has Doubled, $7,300 Breakeven Mining Cost
Hashpower Doubles In Bear Market, Breakeven Cost Skyrockets Cryptocurrency investors have had a rough year, to say the least, with the collective value of all crypto assets declining by over 80% in the span of eight months. дальше »
2018-9-16 22:17 | |
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Poor Internet Access Could Slow Down Cryptocurrency Growth In Africa
Africa is often lauded as the next big thing for cryptocurrency adoption and development. But could poor internet access and connectivity slow down progress? A new report by the International Telecommunications Union (ITU) shows that it will cost $450 billion to connect 1. дальше »
2018-9-15 06:15 | |
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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. дальше »
2018-9-15 01:22 | |
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Battle of the Privacycoins: Why Monero Is Hard to Beat (and Hard to Scale)
Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-9-15 20:21 | |
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Malta Allows More Crypto Collaborations Even at the Cost of Displeasing the EU
The Malta Stock Exchange recently signed a memorandum of understanding (MOU) with Binance, one of the most prominent cryptocurrency exchanges. The two will now launch a new digital exchange facilitating security token trading. дальше »
2018-9-15 18:59 | |
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DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople
Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer. дальше »
2018-9-11 18:15 | |
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Cost of mining will ensure Bitcoin doesn’t fall below $6000 – Stutland and Luorio
With the persistent downward trend in bitcoin price in the last few days, two prominent traders Brian Stutland and Jim Luorio believe the price of the asset will “bottom out” at $6,000 due to mining cost. дальше »
2018-9-9 23:10 | |
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Washington State Utility Increases Power Rates for Bitcoin Mining
Due to Grant County’s lower power cost that comes from the local hydroelectric plant, many cryptocurrency mining operations have flocked to Washington state. However, their luck is bound to change as the Grant County Public Utility District (PUD) recently announced a rate hike for electricity used by cryptocurrency mining farms by as much as threefold, the International Business Times reported...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-9-7 15:00 | |
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