The whole point of cryptocurrencies is that they’re decentralized. Peer-to-peer cash; trustless exchange; bypassing intermediaries. So why are numerous cryptocurrencies structured more like central banks? From adjusting wallet balances to controlling nodes, many crypto projects behave just like the financial institutions they were meant to replace. Throw in the cult of a strong leader, and […]
The post Most Cryptocurrencies Are More Centralized Than You Think appeared first on Bitcoin News.
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Darknet marketplaces are making some big changes behind the scenes. With some of the major trading hubs having been shut down by law enforcement agencies last year, there is a growing need for privacy and anonymity. This also means payment solutions such as Bitcoin and Bitcoin Cash are no longer sufficient. Dream Market, currently the top darknet marketplace, is completing its integration of Monero. Vendors are being asked to set their preference to use Monero or not. It’s a big step forward for all parties involved. Monero is Coming to Dream Market Soon Most darknet marketplace operators tend to announce major developments
Ensuring that cryptocurrencies will be embraced by the masses will not be an easy feat. In fact, most merchants have shown very little interest in anything related to cryptocurrencies. Developing new PoS solutions for in-store cryptocurrency payments is an opportunity well worth exploring. For Monero, it seems such a solution is almost ready. Known as Kasisto, this new tool seems to pack a lot of punch under the hood. The Kasisto PoS Solution for Monero Payments Most people will agree that paying in-store with cryptocurrencies is a big challenge right now. More specifically, there are only so many companies willing to explore
Additional Wall Street money might start making its way into cryptocurrency investments soon. An American rating agency is set to issue grades for bitcoin and a host of altcoins this week, possibly opening the door for more fund managers to enter the field. Also Read: Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC Investors […]
This week the Canadian firm, Hive Blockchain, announced it would be starting a $100Mn USD mining operation in Sweden. Hive’s CEO says the mining center will “ten times bigger” than the company’s Iceland mining centers. Also Read: Markets Update: Cryptos Look for Relief After South Korea FUD Causes Losses Hive Blockchain Is Starting a Mining Operation […]
The code for a new Monero mining bot has been found to direct its ill-gotten gains to a computer server located at the first academic institute ever built in North Korea, Kim Il-sung University. Also Read: US Blames Bitcoin Ransomware Attack Wannacry on North Korea Malware University, North Korea Cyber security solutions developer Alienvault revealed […]
Fantasy Market’s website alerted investors to the bad news: its porn token CEO has vanished, and along with him potential millions in recent gains, leaving investors holding the bag. As the cryptocurrency market nears trillion dollar capitalization, enthusiasts can be sure more scams are around the corner. Also read: Bitcoin’s 9th Birthday Porn Coin CEO […]
It has been a pretty interesting weekend for most cryptocurrencies. Although Bitcoin is still struggling as we speak, other currencies are recording new highs. The Monero price, for example, reached a new all-time high in US Dollar value of $475. A very interesting development, especially when considering how this currency doesn’t necessarily have the appeal of other currencies which surge in value these days. Monero Price Surpasses $475 It doesn’t happen all that often the Monero price gets people excited these days. Unlike most currencies which are in the top 20 ranked by market cap, Monero doesn’t get major pump-and-dump
In bull markets like cryptocurrency, savvy entrepreneurs and deceitful con men have adopted an array of creative approaches to create value for their projects. One such method that has recently been shown as very successful is the act of rebranding. If you weren’t involved in cryptocurrency at least two years ago, you’ll likely have no idea what DogecoinDark (DOGED) is. However, most everyone has at least heard of its current nomenclature, Verge (XVG). Verge is simply the rebranded version of DogecoinDark – same coin, same protocol, new name, new logo. In fact, despite what you may have heard, the reality