Since its inception, one of the major goals of the cryptocurrency community has been the adoption of Bitcoin as a payment method for goods and services. As it stands now, consumers can use Bitcoin across a number of industries to purchase everything from real estate, to PCs, to pizza. However, Bitcoin’s high transaction costs, deflationary nature, and full transparency represent some of the shortcomings that prevent Bitcoin from seeing widespread merchant adoption. As such, enthusiasts, consumers, and producers alike have gotten behind a number of altcoins as mediums of exchange for a variety of uses. While Bitcoin acted as the catalyst for the firstPowered by WPeMatico
Trading app Robinhood which started offering bitcoin and ether trading in February has attained a valuation of $5.6 billion after raising $363 million, the company has confirmed. The app is now available in 10 U.S. states. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $5.6 Billion Valuation Robinhood started out about three years ago […]
According to Bloomberg, the creators of Ethereum, Cardano, and OmiseGo, some of the biggest public blockchain protocols and cryptocurrencies, are boycotting the largest cryptocurrency conference, Consensus, after a controversial report about OmiseGo’s surge in price was published on April 26. OmiseGo Controversy Consensus 2018 is the leading cryptocurrency conference, hosted by cryptocurrency media outlet CoinDesk. The event, which is often hosted in the second quarter of every year, attracts many of the most influential projects, developers, investors, and public figures in both the financial sector and cryptocurrency industry. However, Ethereum creators Vitalik Buterin and Charles Hoskinson, the OmiseGo team, and the Cosmos team
Despite several iterations, cryptocurrency is still severely criticized. In fact, the acceptability of these digital coins is always viewed with skepticism. Often, users of this currency are perceived as being selfish. People think that the crypto world is all about making and saving money. However, a recent happening has jolted the news world and the crypto haters. A popular charity, GiveDirectly, has received a US$1 million donation from Ethereum’s founder and OmiseGo. Such charitable donations are worth highlighting as using cryptocurrency for this noble purpose is indeed something notable. Maybe this initiative will compel the haters to rethink their beliefs about crypto. GiveDirectly received a US$1
A lot of things are happening across the cryptocurrency markets as of right now. Even though most of the top cryptocurrencies are suffering from small losses in the past few hours, others are bucking the trend successfully. One of the currencies a lot of people are interested in is OmiseGO. More specifically, the OmiseGO price is surging as of right now, as it has surpassed the $20 mark once again. OmiseGO Price Surges Ahead Nicely Similar to most other cryptocurrencies and digital assets, the year 2018 has been a mixed bag for OmiseGO so far. After last year’s insane gains
Cryptocurrency use requires great personal responsibility with regards to data security. Investors need to not only make sure they are using best security practices but must also hope that service providers that have the potential to jeopardize their holdings do so as well. In a recent federal court case, a T-Mobile client claims that the […]
Young Americans are signing up in droves to a new cryptocurrency trading service, showing the massive unmet demand in the market for more bitcoin trading venues. Cryptocurrencies are coming soon to the Robinhood platform and traders appear to be following them in anticipation. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People […]
Social media influencers are marketing manna, coveted for their highly engaged audience who hang on their every word. Sites such as Tomoson and Meltwater link brands with influencers who are eager to spread the word – for a fee. In the cryptocurrency space, however, where influential figures can send coins soaring via a single tweet, […]