Monero has been making headlines across the world with its war on big business. According to Coindesk, the developers of the privacy oriented cryptocurrency Monero are doing all they can to prevent the Antminer X3 from being used for mining the crypto.
Cryptocurrency News
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Say No to Venezuela’s Petro
Last updated: July 3, 2018, 7:32 am Cryptocurrency NewsCoindesk released a report with regard to Venezuela’s new cryptocurrency – Petro. The Petro is reportedly the first ever government-backed cryptocurrency which has been made available to the public. However, investors are being strongly advised to say no to this crypto. Here is a list of reasons why so many are against investing in this cryptocurrency.
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OFAC May Add Cryptos to SDN List
Last updated: March 25, 2018, 1:18 pm Cryptocurrency NewsCoindesk reported on Saturday that the Office of Foreign Asset Control (OFAC), may be putting digital currencies on the Specially Designated Nationals (SDN) list. This announcement could actually radically alter the entire dynamics of the cryptocurrency world.
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Green Bitcoin Mining Possible
Last updated: March 24, 2018, 12:04 pm Cryptocurrency NewsIn the last few months, one of the biggest points of criticism against Bitcoin mining is its immense energy costs. According to Bitcoin critics, the process of mining for Bitcoin is sucking up huge amounts of energy, which in turn are shooting up energy costs.
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Overwinter is just the Beginning for Zcash
Last updated: March 23, 2018, 4:45 pm Cryptocurrency NewsCoindesk reports that the cryptocurrency Zcash is now gearing up for its first hard fork, slated to take place later this year in June. This hard fork has been dubbed Overwinter and is generating a lot of excitement in the community.
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XRP to be the new Futures Market
Last updated: March 22, 2018, 9:08 am Cryptocurrency NewsAccording to a report by Coindesk, Ripple’s XRP could be the new futures market. While the Bitcoin futures contracts were launched with great fanfare last December by two of the world’s largest and most respected exchanges, CME and Cboe, most people aren’t even aware that Ripple’s XRP futures had already been trading for the last 18 months.
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Kyber, Binance Developing Decentralized Exchange
Last updated: April 24, 2018, 1:02 pm Binance Exchange | Cryptocurrency NewsBitcoinMagazine reported that both Kyber and Binance recently talked about their efforts towards creating decentralized exchanges. Binance announced the launch of its decentralized exchange called Binance Chain, and Kyber released the beta version of their decentralized exchange called Kyber Network to the public.
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SEC Cracks Down on ICOs
Last updated: March 21, 2018, 1:16 am Cryptocurrency NewsCoindesk reported that the Securities and Exchange Commission (SEC) finally confirmed that it is investigating companies that are associated in any way to ICOs (Initial Coin Offerings). The whole issue of ICOs, cryptocurrencies and blockchain tech is now coming to a head.
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Israel Supporting Cryptocurrencies
Last updated: March 19, 2018, 5:44 pm Cryptocurrency NewsCointelegraph has written an in-depth piece on how “The Startup Nation” – Israel – is supporting cryptocurrencies. In 2017 alone, Israeli startups raised more than $5 billion in capital. The country is also at the forefront of technological innovation as it embraces cryptocurrencies and blockchain technology.
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Mt. Gox Trustee’s Bitcoin Sale Didn’t Impact Market
Last updated: March 18, 2018, 1:51 pm Cryptocurrency NewsAbout 10 days ago, the news broke that the reason the price of Bitcoin had be spiraling downwards was because of “panic” selling by a Mt. Gox trustee. Multiple news outlets reported that Nobuaki Kobayashi, one of the trustees of the now bankrupt Mt. Gox, sold more than 35,000 Bitcoin (BTC) worth more than $400 million as well as 34,000 Bitcoin Cash (BCH) in order to pay the crypto exchange’s creditors.