The current cryptocurrency market trend has taken a turn for the worse once again. More specifically, we see all other major cryptocurrencies in the red once again. In the case of the NEM price, things are not looking all that great as of right now. In fact, it seems the NEM price is taking a massive dump all of a sudden, resulting in a 17.58% decline over the past 24 hours. Not a positive sign, although there appears to be an explanation for this current dip. NEM Price Dips in Spectacular Fashion It is evident the cryptocurrency markets are takingPowered by WPeMatico
Bitconnect is facing litigation from six individuals accusing the company of operating a Ponzi scheme in addition to numerous violations of securities laws. The six plaintiffs collectively invested approximately $771,000 USD into Bitconnect, and are seeking recourse following the sudden removal of the company’s lending platform that immediately led to a more than 90% loss […]
According to multiple reports back in October and December of last year, it was said that the financial institution Goldman Sachs had plans to create a bitcoin trading desk. Now a month later, Lloyd Blankfein, the CEO of the firm, says the reports are “not true” speaking at the World Economic Forum in Davos this […]
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
Scaling Bitcoin has been a topic of substantial debate for quite some time now. When Bitcoin Cash came around, it almost seemed as if these problems would be put to rest once and for all. With its on-chain scaling approach, BCH is the most functional version of Bitcoin right now. In fact, it seems we will see another major on-chain scaling upgrade for BCH in the very near future. If things go according to plan, 32-megabyte blocks will become the new normal very soon. Bitcoin Cash Continues to Evolve Even though the Bitcoin Cash network can comfortably support 8MB blocks
Over the past few months, we have seen the SEC get a lot more active when it comes to unusual behavior in the world of cryptocurrency. Not only are they going after scam projects, but also ICOs which may violate securities laws. It now seems the government agency will also focus on companies which suddenly add the word “blockchain” to their names. Ventures with no meaningful track records will be especially scrutinized in the coming months. Adding Blockchain to Company Names is Worrisome If there is one particular trend that stands out the most, it has to be blockchain. This technology has been hyped
The XWIN ICO is off to a healthy start in the new year. Launched on January 1st, the project has raised over $2.4 at the time of writing. The offering will last until the end of the month, and currently, there’s still a 10% for buy-ins. As it now stands, one XWIN token goes for the price of 0.005 ETH Disclosure: This is a Sponsored Article 80% of all tokens will be made available to players and investors through the ICO, while the remaining 20% will be made available to team members a year out from the ICO’s end date.
Gaming ecosystems based on the blockchain are being heavily pursued these days. The main reason is that the blockchain space gives gaming platforms the ability to offer a variety of new services and allow them to float their native cryptocurrency coin and offer certain benefits for users if they choose to pay through the native coin. While all of this may seem great in theory, the problem is that many gaming platforms have struggled when development is considered. It is because a good response and engagement from the gaming community is needed for a successful launch and development of the
Cryptocurrency users have become a favorite target of cybercriminals over the past few years. With the value of all these currencies increasing exponentially, it is evident that criminal entities want their share of the cake. As a result, we have seen an influx of new malware-laden applications and tools, all of which are designed to obtain Bitcoin or altcoins. In the case of SpriteCoin, a wallet application is actually a delivery platform for a new type of ransomware. Beware of the Fake SpriteCoin Application In the wide world of useless altcoins, a name like SpriteCoin doesn’t stand out as potentially malicious. Most people would
With the global crypto market exploding to a capitalization of over half a trillion USD, the space has seen a surge in new teams, projects, and ambitions for the future. Recent graduates and established PhDs alike are joining the sphere every day in the hopes of contributing to a greater goal amid the growing adoption of cryptocurrency. Despite the fact that unicorn companies (startups valued at over US$1 billion) are emerging in the cryptocurrency ecosystem very frequently, the manner in which these projects and startups are administered has remained largely unchanged. While cryptocurrency is becoming more and more mainstream, major proponents of its