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India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand. The animosity has pushed some crypto firms out of business this year. And now, another blow. According to a … Read more
We are coming to the last stretch for 2018. For people in the United States there are less than 24 hours left before the New Year. At this point we can safely say that the $589 EOY prediction for XRP is not going to happen. At the time of writing XRP is holding support at … Read more
In today’s roundup of crypto chatter, Chris Troutner and Andreas Brekken play around with the idea of building an algorithmic stablecoin on BCH. Vin Armani debates with Painted Frog on Bitcoin’s similarities to Visa. Also, Paul Sztorc thinks that understanding Austrian economics is not that important to comprehend Bitcoin. Also read: Developer Paul Sztorc Launches the First … Read more
Securities commissioners and trade experts have refused Australian blockchain startup Power Ledger a clean bill of ethical health after it emerged that the company paid rogue “bounty hunters” to shore up interest in its cryptocurrency. The project’s “powr” crypto has fallen 90 percent in value over the past year amidst bearish market conditions. Also read: Russian … Read more
Its been a bit over five years now since Ross Ulbricht was put behind bars. Ross was the founder of Silk Road, a dark web marketplace that listed all sorts of products and services, both legal and illegal. In as much as Silk Road facilitated some illegal activity, it was one of the pioneers of … Read more
With the New Year almost upon us, the cryptocurrency market doesn’t look all that exciting. The global market cap dropped around $16 billion in the past 24 hours from $146 billion to the current cap of $130 billion. The good news is, while most cryptocurrencies are in the red, the price drops aren’t significant. Bitcoin, … Read more
Cryptocurrency transfers work because of the software developed by programmers like Satoshi Nakamoto and many other innovators along the way. As with all software, however, blockchain protocols are not perfect, and over the last decade black and white hat hackers have revealed many bugs. In 2018, developers earned over $878,000 in blockchain bug bounties by … Read more
When reporting on cryptocurrency, the mainstream media often focuses on price drops relating to USD. But a human rights activist reminds the general public that Bitcoin is not another commodity or stock on the market, rather, a tool for liberation. Also Read: Iranian Students in the UK Use Bitcoin to Bypass Banks Bitcoin is a Tool … Read more
The year 2018 hasn’t been short of important events and milestones, good, bad and ugly. For one, the year began with Bitcoin trading at $15,000. It has since then shed 75 percent of its value and trades below $4,000 at press time. Some altcoins such as ChainCoin have shed as much as 99 percent in … Read more
Ever since Christmas eve, cryptocurrency markets have been changing directions every single day. After peaking at $0.44 earlier this week, XRP has been looking for support ever since. Currently XRP is trading at $0.36, down roughly 3% in the past 24 hours. Other than a huge price spike of over 50% back in September, XRP … Read more