The first few days of 2018 have shown a booming start of the year for cryptocurrency, with the total market value pushing new all-time highs and many coins seeing huge bull trends. Among these, Stellar Lumens (XLM) is emerging as perhaps the biggest winner. Since December 31, Stellar Lumens has already increased closed to 300%, from a price of US$0.31 to US$0.88. XLM has ascended to the sixth highest valued cryptocurrency, with a total market cap of US$15.7 billion. Stellar is now worth more than NEM and LTC, valued at US$15.2 billion and US$13.3 billion, respectively. Just under a monthPowered by WPeMatico
Introduction to Globcoin Globcoin is a Swiss Group that created a multi-currency platform which will allow all of its users to perform instant, secure and cost-effective transactions with digital and fiat currencies. Globcoin’s clients will be able to create basket currencies conforming to their needs. Currency baskets are a portfolio of selected currencies with different weightings. These baskets have been commonly used to minimise the negative effects of currency volatility. Globcoin has been marketing these currency baskets since 2012 to family offices and institutional investors and now they are preparing to launch this currency management service to the mainstream public.
If you’ve interacted with Facebook, you may have had run-ins with spam bots that infest your profile (or your friends’ profiles) and post links or advertisements without your permission. Well, the same malware that tells your friends to “Check out this link for 90% off a BRAND NEW pair of Ray Bands. WOW!” is now being used to mine cryptocurrency. A downloaded client runs mining software that contributes hashing power to the malware’s source server. Unaware Facebook users may have downloaded this bot through links shared on Facebook Messenger. Mining on Someone Else’s Dime You could be mining cryptocurrency without even knowing it,
Over this Christmas season, your family may have dedicated a portion of dinnertime talk to “that Bitcoin thing” your uncle brought up. “What’s this cryptocurrency business?” your cousin chimed in over a plateful of cranberry salad and honey-roasted ham. You and your immediate family may have even swapped a few crypto-related gifts. If not, you may be asking yourself: what’s the best way to give crypto as a gift? An Alternative to Gift Cards and Cash Christmas may be over, but there will be plenty of opportunities yet to give the gift of crypto to your friends and loved ones.
Trees were trimmed, presents wrapped, and Christmas festivities were at hand when the cryptocurrency market went into a free fall. Investors awoke from their winter’s nap last Friday to a portfolio painted red, an unwelcome presentation of the rosy holiday color that has become a hallmark of the Christmas season. But with the passing of Christmas, this red has turned to a holly green, as the market seems to have found its footing following the holiday bleeding. The Bears Go into Hibernation It may be safe to call the most recent (and hefty) market correction over. Investor confidence is building as
Extending the Pre-ICO Due to Considerable Strain on Both the Bitcoin and Ethereum Networks (Hong Kong, China – December 22, 2017) — Dragon Inc., a fintech company that underpins the casino gaming sector with blockchain technology, launched its Pre-ICO (Initial Coin Offering) on Friday December 8th, 2017, a subscription round of funding that allows the public to buy the company’s cryptocurrency. The Pre-ICO was set to end on December 15, 2017. Due to the extreme congestion on both the Bitcoin and Ethereum Networks, ICO investors or contributors have faced significant challenges when transferring their Bitcoin and Ethereum to participate in
In a sudden change of sentiment, Goldman Sachs has started to entertain the idea of having a Bitcoin strategy. While plenty of exchanges and ETFs have taken steps to get involved in this burgeoning sector, Goldman Sachs is the first major bank to consider opening up a market on Wall Street. A Change in the Institutional Tide Only a few months ago, Goldman Sachs was leery of the cryptocurrency market and its flagship star, Bitcoin. In October, the firm’s CEO, Lloyd Blankfein, tweeted that Goldman Sachs was still undecided on how it should approach the young and volatile assets. Come November, however,
On Wednesday, December 20, the decentralized exchange EtherDelta fell victim to a malicious phishing attack on its DNS server. The hacker compromised EtherDelta’s website, rerouting transacted funds to a replica site that replaced the legitimate one for a number of hours. Decentralized but Still Compromised At 1:34 p.m. EST, EtherDelta tweeted a message suggesting that its DNS server had been hacked, followed up by a series of tweets suggesting that the original website had been replaced by a doppelganger created by the hacker. Dear users, we have reason to believe that there had been malicious attacks that temporarily gained access to @etherdelta https://t.co/NnqU5Er4rj DNS server.
Litecoin founder Charlie Lee recently liquidated his stack of the very coin he created. A prominent figure in the cryptosphere, he has often been met with a mixture of praise and criticism for his vocal online presence. Charlie Lee: the Man, the Legacy, the Controversy In 2011, Charlie Lee founded Litecoin, what many began to brand as the silver to Bitcoin’s gold. Charlie Lee envisioned his creation as a Bitcoin alternative that would be easier to mine, faster to send, and cheaper to transact than its brother currency. Little did he know at the time that his creation would actually outperform
Business Waste, a leading waste management company in the United Kingdom, recently announced that it will start accepting cryptocurrencies as payment. The move makes Business Waste “the first in business sector in the world to accept them,” according to spokesperson Mark Hall. Paying for Waste Removal with Crypto Business Waste broke the news on its website this Monday, December 18. Besides Bitcoin, the firm plans to accept Ethereum and Litecoin for its commercial waste contracts. As Bitcoin and crypto gain more mainstream traction, Business Waste feels that it’s in the company’s best interest to accommodate the budding payment method. “Individuals