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Multiple Sia community members were concerned about Bitmain’s new ASIC miner. The company suddenly announced the A3, which is designed specifically for mining Siacoin. There were some brief discussions about possibly introducing a Sia fork which would disallow the ASIC hardware from impacting the network. It seems those plans have now been dismissed and nothing … Read more
Shortly after receiving cease-and-desist letters from the State of Texas and North Carolina, BitConnect (BCC) discontinued its lending platform, effectively shutting down the Ponzi scheme and leaving investors with stacks of worthless BCC tokens as compensation for their dollars lost. When BitConnect announced the shutdown, the coin instantly dropped 90% and has since continued to depreciate. … Read more
Blockchain technology is transforming into a reliable and valuable force in the digital and business worlds. It has applications in almost every industry. Even the biggest corporations already are angling to use this technology in order to upgrade their processes. This system is a complex set of features and sets out to clarify information and flag data manipulations … Read more
Even though things looked rather bleak yesterday evening, most cryptocurrency markets are still in the green right now. Good things are happening to most altcoins, including the Litecoin price. More specifically, one Litecoin is now valued at $181 again thanks to a 6.46% increase over the past 24 hours. It will be interesting to see … Read more
Market capitalization, for new and old investors alike, represents a deceptively complex figure. While many suggest that market cap is the proper way to determine the overall value of a coin, the value displayed by a coin’s market cap is a number that can and is easily manipulated by savvy and often unethical development teams. When … Read more
On January 24, investment ratings company Weiss Ratings released its ratings of 74 cryptocurrencies. While the list is only available for purchase, it was possible to access it for free under a specific subdomain on the company’s site, which allowed many individuals to download, share, and read the list. While some individuals were elated to see … Read more
Cryptocurrency will continue to make a big impact in the world of traditional finance. More and more companies are offering cryptocurrency-related CFDs as we speak. HYCM, a global leader in online capital markets trading, has added both XRP and Bitcoin Cash to its range of cryptocurrency offerings. It’s a major step forward for the cryptocurrency … Read more
Jay Clayton, the chairman of the United States Securities and Exchange Commission (SEC), and J. Christopher Giancarlo, the chairman of the United States Commodity Futures Trading Commission (CFTC), have co-authored an opinion piece recently published by The Wall Street Journal. The article outlines a number of perceived problems facing the cryptocurrency sphere from the perspective … Read more
Venture capitalists are not too certain that the Bitcoin price will be able to maintain its momentum. That is only to be expected after the major correction we recently went through. Jason Calacanis is concerned about the future and predicts there’s a one-in-three chance that Bitcoin’s price will go to zero. Although it seems highly … Read more
Criminals have taken a major liking to Bitcoin and cryptocurrencies. In most cases, their attempts to illegally obtain such currencies are linked to online activity. Ransomware, hacking, and data breaches are just a few examples of Bitcoin-related criminal activity. In Ottawa, however, things recently went a bit differently. Three individuals there attempted to rob a Bitcoin financial … Read more