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Today will prove to be a very interesting day for all cryptocurrencies. As most of the value declines are not gone just yet, we may see some impressive uptrends later today. It seems the Cardano price is heading in an interesting direction, thanks to the 19.96% gain over the past 24 hours. Sustaining any solid … Read more
The Financial Stability Board, G20’s global watchdog, does not consider cryptocurrencies a risk to financial stability. In a letter to the Group of 20 central bankers and finance ministers, its Chair Mark Carney said FSB was pivoting away from designing new policies and focusing on reviewing existing rules. His comments suggest there is no G20 … Read more
It is evident the cryptocurrency markets are going through a brief period of recovery as of right now. With most markets showing some positive momentum out of the blue, things are looking good as of right now. The Stellar price is one of the biggest gainers over the past 24 hours, pushing the value back … Read more
Coincheck, the Japanese exchange that lost ~$550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash. The trading platform has recognized the risk posed by these cryptocurrencies which provide high levels of anonymity. Half of the NEM coins stolen in the hack may have been converted already on the darknet, … Read more
From fintech to the internet of things, startups and entrepreneurs are all working on projects in which blockchain can fit into existing industries. With an endless number of possibilities, blockchain technology can revolutionize the gaming industry. An over $100 billion industry, the digital nature of video games makes it the perfect use case for blockchain … Read more
In a town where electricity comes cheap, and electricity flows quickly, cryptocurrency miners have flocked to its source off the St. Lawrence River, taking full advantage of its currents, depleting the town of almost 10% of its electricity. Did you know mining for cryptocurrency requires a butt-load of electricity? In a small town like Plattsburgh, … Read more
SJM Holdings and European game developers, SmartPlay.tech, have finalized their cooperation, which can completely revolutionize the gambling industry. The cooperation between the two parties here looks promising, as introducing the blockchain in gambling machines has shown multiple advantages that were previously unprecedented. According to HK01 (Hong Kong media), SJM Holdings Limited, one of the largest … Read more
Twitter is reportedly preparing to prohibit advertisements for ICOs, token sales, and cryptocurrency wallets. The new advertising policy is expected to come into effect in a couple weeks. The microblogging site is said to impose a ban on ads for crypto exchanges, as well, bar a few exceptions. The policy change is yet to be … Read more
The topic of cryptocurrency mining has been highlighted from many different angles over the past few months. Especially when it comes to the concept of mining Bitcoin, there are some interesting challenges ahead. According to the UK’s National Grid, Bitcoin mining is not a big risk to Britain’s electricity infrastructure. UK’s Power Grid and Cryptocurrency … Read more
Even though all cryptocurrency markets are suffering from bearish momentum, some worrisome trends are emerging. The Ethereum price, for example, has lost nearly 20% in value over the past 24 hours. Such a steep loss is not entirely surprising, given Bitcoin’s downtrend, yet it seems Ethereum’s reign of being the second-largest cryptocurrency may come to … Read more