Ecuador is a very interesting country when it comes to cryptocurrencies. Although the national government does not favor this innovative form of money, local entrepreneurs are ignoring its warnings whenever possible. In fact, there are now cryptocurrency ATMs in Ecuador, which is a pretty big development for the industry as a whole. Bitcoin Continues to Thrive in Ecuador No one will deny that Bitcoin and other cryptocurrencies have made their mark on the financial sector. Although not everyone may be in favor of this new form of money, entrepreneurs all over the world are pretty confident this industry will only continue to attract the masses inPowered by WPeMatico
PROOF OF TOSS is a new decentralized open-source betting ecosystem that is aimed to modernize and change the betting industry. The platform allows users to create wagers, bet, and judge. PROOF OF TOSS’ CTO, Eugene Pavlenko, explained the project architecture and technical solutions. Disclosure: This is a Sponsored Article Could you briefly explain the PROOF OF TOSS software architecture and what principles it’s built on? While thinking over the software architecture, we concentrated on two main points: storing of information in smart contracts and fast data retrieval. In final implementation, there are three main components: smart contracts, website, and Elasticsearch
Crypto regulations have not been adopted in Russia yet, but a string of words and deeds suggests that Moscow may take full advantage of the “phenomenon” in order to uphold national interests. Ideas and proposals to attract businesses and human capital in areas of strategic importance across the vast country have been circulated by officials […]
There are always interesting correlations in the world of cryptocurrency these days. With the XRP price going up quite spectacularly over the past 24 hours, it is not entirely surprising to see the Stellar price almost mimic the momentum. More specifically, we are now looking at a Stellar price of almost $0.4, which is pretty significant. Stellar Price Momentum Continues It is interesting to see how the cryptocurrency markets are evolving as of right now. While it seems every market is almost on the bubble of seeing major gains, very few of them are actually showing their true potential as
People who keep a close eye on the cryptocurrency markets will have noticed the XRP price is currently on the rise. With a solid 16.6% gain over the past 4 hours, things are certainly looking pretty interesting. Whether or not this current price trend cna remain intact, is a different matter altogether. XRP Price Rise is Quite Interesting This latest XRP price increase comes on the heels of further speculation of how either Coinbase or GDAX will enable trading of Ripple’s native asset. It has become evident these rumors tend to surface every now and then, although they have been
The SEC is on an active quest to remove all illicit offerings from the cryptocurrency ecosystem. That is quite a steep challenge, as there are a lot of things to take into consideration. The commission’s latest effort involves issuing dozens of subpoenas to ICO issuers. The SEC Steps up its Game Most people will be pleased to see the SEC take this course of action. There is nothing wrong with what the agency is doing as of right now, even though those who are involved in the ICO industry will not be too pleased with the way things are going. It has become
Most of the world’s cryptocurrencies are decentralized in many ways. This is especially true when it comes to nodes and other entities which help protect networks. In the case of NEO, it seems one of its remaining points of failure caused a few issues last night. NEO’s Network was Halted Thanks to one Node It is always interesting to see how network nodes perform. As most networks have dozens if not hundreds or thousands of nodes, there should – in theory – never be any central point of failure. In the real world, however, that is not always the case. Virtually every currency
Coinbase is one of the largest cryptocurrency exchanges in the world. However, it is also a target of lawsuits these days. Some users of the platform have filed an official complaint regarding the company’s alleged “insider trading” of Bitcoin Cash. Whether or not there is any truth to such claims remains to be determined, though. Another Coinbase Lawsuit Materializes It is not the first time Coinbase has faced a major lawsuit. The previous legal action was part of its ongoing spat with the IRS, which eventually ended in a win for the government agency, albeit in a limited fashion. This latest lawsuit, however, may prove to be
Cryptocurrency markets always evolve in strange ways during the weekend. For some currencies, this also helps them break a negative spiral more often than not. In the case of the VeChain price, today’s trend is a sight for sore eyes. After a full week of value declines, the VeChain price has now rebounded to $4.77. VeChain Price Notes Strong Momentum It has not been the best of weeks for VeChain price speculators. Every minor attempt at a small value increase has been squashed immediately and the price was pushed further down as a result. As such, we have seen the
Blockchain technology and cryptocurrencies are undoubtedly changing the way we view the world. Finance, banking, identity, and privacy are all areas that are immediately and irrevocably affected by blockchain technology. However, I also believe that they may be just as disruptive as automation to the way we work. Cryptocurrency opens a world of possibility for workers, quite literally the world One group of people that may have already realized how potent blockchain technology and cryptocurrency can be is digital nomads. Digital nomads are workers who are not tied to any one region. They often travel and may work for multiple companies at once (or