The latest in a long line of online companies to have banned cryptocurrency ads is Microsoft’s search engine, Bing. The news sent almost all cryptocurrency prices into the red. Microsoft’s motive is the same as those given by Facebook and Google – to protect users from ICO scams. Nonetheless, it’s yet another blow to legitimate teams looking to raise awareness for their projects. It also illustrates yet again the fragility of the crypto market. Bing’s complete ban of anything crypto-related will come into effect at the end of June/early July, as the global computing giant revises its ads policy. Melissa Alsoszatai-Petheo, AdvertiserPowered by WPeMatico
The price of bitcoin has surpassed the $8,300 mark. This is roughly $200 higher than where it stood yesterday, and the currency has spiked by approximately five percent over the last 24 hours. The prices of cryptocurrencies are exploding as the week comes to an end. Entities like Ethereum are also up, while the cryptocurrency market cap has added roughly $40 billion to its overall worth. Interestingly, the Coindesk Consensus Conference – which took place Monday through Wednesday – ultimately failed to give bitcoin the big boost many enthusiasts were expecting. While the price of the currency is rising now,
Bitcoin is an industry which creates a ton of jobs. With so many companies getting in on the cryptocurrency action, a lot of employment opportunities are created in the process. However, research indicates there is a factor determining how many jobs are available in this particular industry. It seems the falling Bitcoin price is directly correlated to the job market. Bitcoin Jobs are Less hot Right Now It is not entirely surprising to see the Bitcoin price affect the number of job postings in this industry. As is the case with any sector, the economic mood influences the frequency of job postings. A falling
There have been numerous discussions on how much electricity Bitcoin mining really uses. The studies on this topic paint very different pictures, although they share a few similarities. The most recent study claims that Bitcoin mining will consume 0.5% of the world’s electricity by year’s end. That’s a somewhat worrisome statistic, albeit one that isn’t based on all the facts. Bitcoin Mining is a Power-hungry Industry No one can deny that there is vast electricity usage associated with mining Bitcoin. This is not just the case with Bitcoin, though, as it applies to virtually all cryptocurrencies these days. Anything that requires hefty computational work
Financial institutions all over the world are suddenly paying a lot more attention to Bitcoin. That is not entirely surprising, as the world’s leading cryptocurrency is not going anywhere anytime soon. A subsidiary of Boerse Stuttgart is now getting involved in the world of cryptocurrency trading. It’s an interesting development which will expose a lot more consumers to Bitcoin and other cryptocurrencies. Boerse Stuttgart is on the Right Track It is evident that consumers all over the world want to get involved in cryptocurrency. However, doing so remains somewhat problematic. The most obvious method involves the use of centralized trading platforms, which require
The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 2. Decentralization is the Core of Crypto Freedom Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has. Always remember that you are absolutely unique. Just like everyone else. […]
The BitLicense has been an interesting development in the world of cryptocurrency. In fact, it has been subject to so much controversy and debate, one would almost forget companies are actively pursuing this license these days. Genesis Global Trading is the most recent firm to have been granted a BitLicense, which means it can officially operate in the state of New York. Genesis Global Trading Gets a BitLicense Anyone who has been involved in cryptocurrency for more than a few months will know about the issues caused by New York’s BitLicense. This particular regulatory move has made life very difficult for
In the world of Bitcoin, there have been numerous hard forks over the past few months. Not all of those forks have been successful, which is only to be expected. It now seems there will be another fork that users should be aware of, which goes by the name of BitcoinZap. Not too much information has been unveiled at this time, but it is evident that this is another attempt at bringing two currencies together in a meaningful way. What do we Know about BitcoinZap? So far, only the briefest of announcements has been made regarding BitcoinZap. As the community has
It has been a while since cryptocurrency malware was worth paying much attention to. With cryptocurrency mining having become more common, criminals are once again taking notice. WinstarNssmMiner may have a weird name, but it is a very potent cryptocurrency mining malware strain. Attempting to remove it will result in a complete system crash. WinstarNssmMiner Means Business In the world of cryptocurrency malware, getting rid of specific types of software will always remain one of the more pressing problems. This was the case when ransomware gained traction and will apply to every new type of malware making the rounds in the future. The
On Friday, May 18, 2018, the firm Purse.io, the company that enables up to 20 percent savings when users shop on Amazon with Bitcoin Core (BTC), announced native support with Bitcoin Cash. Now users spending Bitcoin Cash can get the same services the firm has been offering since 2014. Additionally, Purse has revealed its own […]