Auto Added by WPeMatico
Cryptocurrency can be lost in a variety of ways, from hacking to forgotten passwords and failed flash drives. But in dollar terms, one of the biggest causes of crypto losses is bad code, and it’s not usually the fault of the coin’s developers. Instead, third parties, including shoddy smart contract developers and shady exchanges, are […]
The post Bad Code Has Lost $500 Million of Cryptocurrency in Under a Year appeared first on Bitcoin News.
Powered by WPeMatico
Nas and Snoop Dogg have backed trading application Robinhood, and now legendary rap star Jay-Z has added his imprimatur through a subsidiary, Arrive. Robinhood is already valued at over a billion dollars, closing in on 1.5 billion as of this writing, having recently announced Robinhood Crypto. Also read: Internet Pioneer Who Influenced Assange & Snowden […]
The post Jay-Z Expands Portfolio to Include Crypto appeared first on Bitcoin News.
Powered by WPeMatico
Accusations of FUD, #fakenews and similar terms are sadly all too common in the crypto world. Startups in the field are many times headed by young people, sometimes bringing a needed fresh perspective and attitude, but a few appear to completely lack the maturity needed to run a public business. In the case of IOTA […]
The post Faced With Criticism IOTA Fans Try to Bully Growing List of Detractors appeared first on Bitcoin News.
Powered by WPeMatico
Last month a 16-year old girl from India created a digital currency price ticker that tracks the price of cryptocurrencies like bitcoin cash, ethereum, and many others. However, when Harshita Arora introduced the iOS application to members of the bitcoin community who patronize the Reddit forum /r/bitcoin, she was accused of plagiarizing the app. Unfortunately, […]
The post This 16-Year Old Crypto-App Developer Fights Back Against Reddit Hate appeared first on Bitcoin News.
Powered by WPeMatico
The Russian government is drafting a bill to introduce the accreditation of initial coin offering issuers. Accredited organizations must comply with a set of rules, including having 100 million rubles capital, and are subject to inspections every three years. The regulators are currently accepting public comments on the proposal. Also read: Japan’s DMM Bitcoin Exchange Opens […]
The post Russia Drafts Bill to Accredit ICO Issuers – Public Comments Wanted appeared first on Bitcoin News.
Powered by WPeMatico
Iceland is the ideal place to mine bitcoin. Thanks to the cold coupled with relatively cheap electricity costs, the region has drawn its share of bitcoin mining operations. This year alone energy expended on crypto mining will exceed that of typical domestic usage, according to reports. Also read: Internet Pioneer Who Influenced Assange & Snowden […]
The post Iceland Bitcoin Mining to Double Energy Consumption This Year appeared first on Bitcoin News.
Powered by WPeMatico
Once upon a time initial coin offerings were open to everyone. That time was last year, and since then gaining entry to ICOs has become increasingly difficult. In response to regulatory attention from the SEC, crypto startups have begun to perform due diligence on aspiring investors. Thanks to onerous KYC requirements, the pendulum has swung […]
The post KYC Requirements Are Making ICOs Riskier, Not Safer appeared first on Bitcoin News.
Powered by WPeMatico
The bitcoin space is a constant battle of truth versus untruth, rumor versus fact and optimism versus pessimism. With market manipulators up to their usual tricks and salty altcoiners crying FUD, it can be hard to tell what’s real and what’s fake. This week truly had it all: keks, lies, and videotape beamed live from […]
The post This Week in Bitcoin: Who Do You Believe? appeared first on Bitcoin News.
Powered by WPeMatico
Last year bitcoin had a phenomenal run leading up to its all-time high of $19,600 per BTC this past mid-December. The price over the past few weeks had since dipped to a low of $5,900 on Monday, February 5, losing close to 65 percent of its value in a short period. The dip has ‘rekt’ […]
The post The 65 Percent Price Dip Has Made ‘Bitcoin Whales’ A lot More BTC appeared first on Bitcoin News.
Powered by WPeMatico
Bitcoin and cryptocurrency mining have provided a consistent and growing market for the computer hardware manufacturers that produce the relevant chips for each segment. The main player on the GPU side (in contrast to ASIC mining) in 2017 was Nvidia, but even it could not anticipate the strong demand from miners as the year progressed. […]
The post Cryptocurrency Mining Demand Exceeded the Expectations of Nvidia in Q4 appeared first on Bitcoin News.
Powered by WPeMatico