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Month: March 2018

cryptocurrency March 12, 2018

What Is Mining? Mining is to the blockchain what prospecting is to gold. It is the process of extracting cryptocurrency from the network. Miners, the people who do the mining, devote time, computer space, and energy to solve complex problems and find transactions on the network that have not been previously recorded. Advertisements These transactions […]

cryptocurrency March 12, 2018

iStock.com/Adrian Bysiak Ethereum News Update Among the power brokers at this week’s DC Blockchain Summit was Brian Quintenz, a commissioner at the Commodity Futures Trading Commission (CFTC), who said there might be “potential” for a self-regulatory body. (Source: “Crypto Industry Should Self Regulate, Says CFTC Commissioner,” CoinDesk, March 8, 2018.) Advertisements “I believe that a […]

cryptocurrency March 12, 2018

Regardless of its massive electricity demands, cryptocurrency mining is captured under normal EU regulation, explained European Commissioner Mariya Gabriel on Friday. Gabriel called cryptocurrencies a “new factor driving energy demand,” which will be “kept under review” by the European Commission. Advertisements On March 9, 2018, one day after the European Commission released its FinTech action […]

cryptocurrency March 12, 2018

Betting is one of the hobby in the history of man. Everyone has his purpose of betting; some for the fun of it while others for profit. In 2016 the regulated gaming and betting market was estimated at $45.86 billion. This market is projected to increase up to $55.19 billion by 2019. However, this is […]

cryptocurrency March 11, 2018

Praetorian Group aims to conduct first-ever SEC-registered STO, U.S. federal judge rules that cryptocurrencies are commodities, top 5 cryptocurrency price changes, and more! Advertisements The Praetorian Group has filed its USD 75 million STO with the U.S. SEC. Image from vectopicta. Praetorian Group Files Application to Conduct First-Ever SEC-Registered STO The Praetorian Group, referred to as […]

cryptocurrency March 11, 2018

ETHNews examines some of the second layer solutions currently being developed to help make blockchain technology more scalable, namely, plasma and sharding. Advertisements In January, ETHNews published an article surveying some of the major second layer solutions being explored in connection with the Ethereum and Bitcoin blockchains. This piece continues that exploration. “Second layer” is […]

cryptocurrency March 10, 2018

E.U.’s 2018 Financial Action Plan prioritizes blockchain adoption, investigator suggests ICO ad bans are result of pressures from law enforcement agencies, top 5 cryptocurrency price changes, and more! Advertisements The European Union is attempting to facilitate blockchain adoption with its new 2018 Fintech Action Plan. Image from artjazz. E.U.’s 2018 Financial Action Plan Aims to Facilitate Blockchain […]

cryptocurrency March 10, 2018

A bombshell investigation by the University of Toronto’s Citizen Lab reveals startling evidence that sophisticated malware developed by a Canadian software firm was disseminated through a prominent Egyptian telecom company, infecting user devices with cryptocurrency mining scripts. Advertisements A detailed investigative report published today by Citizen Lab at the University of Toronto’s Munk School of […]

cryptocurrency March 10, 2018

During a defining five-minute period on January 27, 2018, the nominal market cap of Tether rose by more than $600 million. Today, close to 40 percent of USDT trade occurs on OKEx and Binance. Advertisements It doesn’t take a genius – or even a technical analyst – to see that there are some intriguing movements […]

cryptocurrency March 9, 2018

In a surprise appearance at the ethereum community conference EthCC in Paris Friday, ethereum founder Vitalik Buterin presented a scaling solution for Plasma, a system of smart contracts that seeks to increase the computational potential of the world’s second-largest blockchain. Advertisements Created by Buterin and Bitcoin Lightning Network co-creator Joseph Poon last year, the scaling […]