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South Korean exchange Bithumb has resumed deposit and withdrawal services for a number of cryptocurrencies after the recent hack. Another major Korean exchange, Upbit, has released an audit report showing more crypto and cash reserves than needed to pay customers. Meanwhile, all customer deposits at Korbit will now be held by a bank. Also read: Yahoo! … Read more
“A moment comes, which comes but rarely in history, when we step out from the old to the new,” said Jawaharlal Nehru. To borrow another famous line, the digital revolution has been “one giant leap for mankind”. The interconnectivity of the whole planet presents a unique opportunity married with a daunting scalability problem. Cryptocurrencies are continually transforming … Read more
Today is proving to be a much tougher day for all cryptocurrencies. Bitcoin has faced an unexpected onslaught, and altcoins aren’t faring much better. One exception is the Ethereum Classic price which is getting pumped due to new Coinbase rumors. A major ETC dump seems to be inevitable at this point. Another Ethereum Classic Price … Read more
There are many conflicting opinions on what the future of blockchain entails exactly. Some projects will have a bright future, whereas others may fall woefully short. Binance CEO Changpeng Zhao is confident that both Ethereum and EOS need to step up their game or risk failing. Blockchain’s Road to Success Hundreds if not thousands of different … Read more
Markets have taken a rapid plunge today, with Bitcoin losing almost $500 on the day to dip below $7,000 and over $13 billion wiped from total market cap of all cryptos Go to Source Powered by WPeMatico
Cryptocurrency scams have become a very real problem over the past few years. With so many new users entering this ecosystem as of late, it is evident that many are at risk of being scammed. In India, another big crypto scam has been uncovered, and two individuals associated with the venture have been arrested. Cryptocurrency … Read more
Bitcoin Cash proponents are celebrating the year anniversary of ‘Bitcoin Independence Day’ on August 1st and now into the weekend. Over the past week, quite a few bitcoiners have noticed there’s been a lot of developments, announcements, and commemorative parties within the BCH space. Also read: High Times Becomes the First IPO to Accept Cryptocurrencies Bitcoin … Read more
Bank of Thailand has permitted banks to set up branches for dealing with cryptocurrencies, while the main crypto-dealings ban still remains Go to Source Powered by WPeMatico
Blockchain technology attracts a lot of companies and investors. Virtually everyone sees this industry as the next big thing. Blockchain spending is still rising as well, even though no one has been able to deliver on the hype associated with distributed ledgers. At this rate, blockchain will not move beyond its ‘bubble’ phase anytime soon. … Read more
Cryptocurrency mining has gotten a bad reputation over the years. Experts and analysts often point to the vast electricity usage associated with this business. To counter those concerns, DMG Blockchain is now building its own electrical substation. It’s a very remarkable decision that could usher in a new era of Bitcoin mining. Another Smart Move … Read more
