Tag: bitcoin

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Sticking to Crypto’s Core Philosophy Is the Way to Prevent Its Abuse

What does the blockchain technology have in common with the invention of the internet and its mass adoption? When the internet was a fledgling technology, there was a lot of uncertainty. Some people thought it would amount to nothing. Clearly, they were wrong. Today, the internet is a massive, global necessity. The internet has enabled…
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Russian Oligarch Turns Soviet Plant Into a Major Bitcoin Mining Hub

The largest data center in the former Soviet Union grants miners cheap energy when mining in the former world’s largest aluminum smelter. The largest data center in the former Soviet Union, BitRiver, opened about a year ago in the Siberian city of Bratsk and most of its clients use the facility to mine Bitcoin (BTC),…
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Ethereum Name Service – What’s Human Readable Domain Name Good For?

Nick Johnson and Alex Van de Sande of the Ethereum Foundation began experimenting with a solution to replacing the hex addresses employed in the Ethereum blockchain with human-readable addresses. Following burgeoning interest from the market for the solution, the Ethereum Name Service (ENS) was launched in 2017. And this past October, the ENS added multi-coin…
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Gladius Dissolves Ignoring SEC Order to Refund $12.7M ICO

Gladius, a cryptocurrency startup that raised over $12 million in a 2017 ICO, announced it is ceasing operations without reimbursing its token holders. Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors. The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of…
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Not Your Keys: 92% of Institutional Investors Keep Crypto on Exchanges

Institutional investors appear unfazed by the perils of trusting others with their private keys, despite the well-publicized risk of loss, theft and regulators. Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims.  Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who…
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The Quest for a Pan-European Approach to Cryptocurrency

The EU has the potential to become the leader of crypto legislation, guiding other countries in the direction of legal regulation. Part of the appeal of digital currencies is their global nature. Since the vast majority of digital currencies are not sponsored by an individual state, the hope was that the crypto world could be…
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More Than 1,000 Cryptos Have Already Failed – What’s Next?

Gaining currency? Wit Olszewski Gavin Brown, Senior Lecturer, Finance, Manchester Metropolitan University, and Richard Whittle, Research Fellow in Economics, Manchester Metropolitan University ________ Many cryptocurrencies have been launched in the past few years, often to great fanfare and celebration, only to fade and fail as the public and  Read more »Pay/Trade/Buy Bitcoin with Credit Card

‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop

Data estimates show computing power remains near its highest-ever levels on the Bitcoin network, while price suppression still remains. Bitcoin (BTC) is not seeing capitulation among miners despite its price dipping over 15% in the past week, new data suggests. According to estimates of Bitcoin’s hash rate from monitoring resource Coin Dance, participation remains as…
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Bitcoin Price: Bullish Macro Trend Intact — But $6,800 Will Be Key

Bitcoin price is now at 6-month lows but is this the beginning of a new bear market or just the latest opportunity to “buy the dip”? As the price of Bitcoin (BTC) was retracing from the massive rally four weeks ago, no clear indications were seen on the charts of a potential reversal. Thus, the…
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Crypto News From the German-Speaking World: Nov. 17-23

Cointelegraph auf Deutsch presents a weekly digest of selected cryptocurrency and blockchain-related developments from the German-speaking world. The past week has seen a range of crypto- and blockchain-related developments in the German-speaking world. The German Federal Ministry of Justice and Consumer Protection is planning to sponsor a research project of the University of Marburg on…
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