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Bitcoin breaches $14,000!!!
Bitcoin's value reached $14,000. This accomplishment is unbelievable to some as the digital currency was valued at less than a $1,000 per token a year ago. Bitcoin has seen a meteoric rise in the past 12 months and is showing no signs of stopping.
December 7, 2017
Flash crash results in losses on Bitfinex
On November 29th, around 6:30 PM, a ‘flash crash’ hit the cryptocurrencies NEO, OMG, and ETP. The crash lasted a brief 15 minutes, with the tokens losing and regained 90% of their value within the 15 minutes time frame.
December 6, 2017
Amazon holding back from blockchain
Blockchain is taking over the market and is extensively being used and researched in the technology world. It was initially developed for the digital currency, Bitcoin; it is now being used by the tech industry for numerous other purposes. Blockchain owes its success to two features: transparency and...
December 6, 2017
Bitcoin in trouble?
We all heard what JP Morgan had to say about bitcoin, and it was not pretty. However, as we may have also observed, bitcoin has gone through a meteoric rise in the past few months. This has led its critics to retract their statements and invest in the cryptocurrency.
December 6, 2017
Cboe to launch bitcoin futures before CME Group
The exchange platform, Cboe, announced that they will launch Bitcoin futures by December 10.
December 6, 2017
CryptoKitties pose serious threat to Ethereum network
Cryptocurrency’s first ever fad, crypto kitties, have taken over the Ethereum network, posing some serious threats to its scalability and network capabilities.
December 6, 2017
New wallet flaw can expose users to hacking
According to a Pastebin user, a critical flaw in several wallet apps could expose users’ private keys which could compromise their security.
December 5, 2017
Tesla owner builds cryptocurrency mining rig in his Model S
The mining rig uses the Tesla supercharge system and could cut down miners’ electricity costs.
December 5, 2017
Millennials are into bitcoin
A survey revealed that one out of every four millennials would rather invest their hard-earned money in bitcoin than in any other traditional banking schemes. In fact, 24.5% of the 10,000 millennials who participated in the survey favored $1,000 worth of bitcoin over any other forms of financial assets,...
December 5, 2017
Venezuela announces cryptocurrency backed by oil and gold reserves
The Venezuelan cryptocurrency, petro, will be backed by tangible assets such as oil, gas, and diamond and gold reserves.
December 5, 2017
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