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Bitcoin's scalability issues
Bitcoin's scalability problems have become very prominent, as transaction fees have exceeded $37, rising from $2 in October 2017. Even though Bitcoin was developed to facilitate microtransactions, it is currently unsuitable for such forms of payments. Consequently, many merchants have recently decided...
January 4, 2018
Ripple crosses $3, 28% growth in 24 hours
Ripple's price has exceeded $3 and its market capital has exceeded for the first time that of ethereum and bitcoin cash. Ripple's market capital is now the second biggest cryptocurrency market capital, accounting for more than $141 billion. As such, ripple has surpassed bitcoin cash and ethereum in terms...
January 3, 2018
US dollar continues to fall as digital currencies rise
Throughout 2017, the US Dollar witnessed the worst performance since 2003. Oppositely, decentralized cryptocurrencies, led by bitcoin, flourished prominently during the past year, which reflects the public's heightened interest in the economic model of blockchain based currencies. Some researchers believe...
January 3, 2018
First Bitcoin Lightning Network transaction completed via Bitrefill
Bitcoin Lightning Network transactions might finally add some utility to increasingly impractical Bitcoin payments. Alex Bosworth, a prominent software developer, was able to pay his phone bill via a bitcoin transaction that utilized the "Lightning Network" (LN). This is by far the first transaction...
January 3, 2018
Japan GDP grows after adopting crypto friendly attitude
Analysts believe that Japan could experience a GDP boost of 0.3% thanks to the country’s progressive attitude towards cryptocurrencies. In April 2017, Japan announced a progressive attitude towards bitcoin, and other altcoins, when the Payment Services Act officially legalized cryptocurrency trading....
January 3, 2018
Verge discovered to leak users’ IP addresses
The privacy coin, Verge, has reportedly been leaking its users’ IP addresses, potentially exposing their real-life identities. Several media outlets recently noted that XVG is perhaps not as anonymous as it claims to be, and cautioned investors to not put too much trust in it. This precaution turned...
January 3, 2018
Ethereum hits a new milestone, crosses $900
Ethereum’s price topped $914.83 during Wednesday's trading sessions, with the coin's initial advance beginning at around midnight. The recent surge has boosted Ethereum’s market cap to $86,339,498,573. Ether has posted 17% advance in the last 24 hours. The reason behind the boost is the increased volume...
January 3, 2018
Blockchain hype enables 1,000% growth with no revenue or product
It can be said that 2017 has been the year of digital tokens, as cryptocurrencies have sky rocketed to become one of the most valuable assets.
January 2, 2018
Ethereum’s creator says crypto community needs to show some maturity
Buterin expressed that instead of putting their wealth to a productive use, investors are just flaunting it aimlessly. He complained that people in cryptocurrency space are only interested in showing off their wealth and luxuries. “If all that we accomplish is lambo memes and immature puns about ‘sharting,’...
January 1, 2018
Blockchain rose against the tides in 2017. What can we expect in 2018?
In an eventful year, the crypto industry has risen against several stumbling blocks as they have turned out to become platforms for publicity and awareness. However the industry capacity suggests more eventful seasons ahead as disruption continues.
December 31, 2017
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