As illustrated in the image below, the market capitalization of the top 10 cryptocurrencies in March 2018 ranged from $3.3 billion for IOTA in tenth place, up to $137.3 billion for market leader Bitcoin. That makes Bitcoin more than 40 times bigger than IOTA, three times bigger than its nearest competitor Ethereum, and larger than the combined market capitalization of all the … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 10. IOTA
Archives for March 2018
In a recent update, the developers of Monero have made the active decision to change the coin's Proof of Work protocol as a means of preventing the usability of new mining rigs.Bitmain, one of the leading ASIC mining producers recently announced a new rig named the AntMiner X3 that is explicitly designed to mine Monero more efficiently, but core developer Riccardo Spagni … [Read more...] about Monero Fights Against Bitmain With New Fork
Concern has been mounting in recent months about the amount of data storage space used on nodes around the globe for various blockchains like Ethereum and Bitcoin. This is in addition to the increasing levels of energy required to mine the cryptocurrencies.As crypto becomes more and more popular, the blockchains could grow to such a size that makes them unusable. The cost … [Read more...] about Vitalik Buterin Proposes Data Storage Fees for Ethereum
With Genesis Vision's Alpha platform having recently been released, Crypto Disrupt has reached out to the team behind the trust management project to shed some light on what they have planned for the future.Artur Bagdasaryan, the CMO at Genesis Vision, has discussed what Genesis Vision is and its importance in the cryptocurrency ecosystem.The Genesis Vision token (GVT) … [Read more...] about Genesis Vision’s Revolutionary Financial Markets Platform
Coinbase has decided to accept and support ERC20 tokens on both their website and mobile apps. In a statement, Coinbase noted their reasons for doing so, explaining that ERC20 tokens are 'a popular way for teams to quickly build interoperable contracts [and] assets.'This may be a shock to some considering how Coinbase is slow and selective to announce or launch new coins on … [Read more...] about Coinbase to Support ERC20 Tokens
Mt.Gox and Coincheck - two infamous Japanese exchanges that were infamously hacked for hundreds of millions of dollars. Despite the thefts, Japan hasn’t stepped down from its take on cryptocurrencies and takes pride in its thriving cryptocurrency market.Japan, a country that is quick to adopt technology and was amongst the first to legalize Bitcoin, is unfazed after two … [Read more...] about Despite Multiple Thefts, Japan Positive on Cryptocurrencies
With much of the media focusing on the markets, and with many authorities worried about a technology that threatens their hegemony, it can be hard not to buy into the FUD infecting the crypto ecosystem and to forget what the technology could do for the ordinary person. But look hard enough, and there are still plenty of reasons for crypto enthusiasts to remain hopeful. The … [Read more...] about Despite FUD, Blockchain Technology Is Shaping Our Future
With the number of transactions made each day in the world of online gaming, it is surprising that the market seems to be lacking a decent, easy-to-use crypto. Singapore-based Enjin is hoping to change that and revolutionize the way we interact with our gaming worlds.If you game online, you’ll have witnessed first-hand the explosion in content being offered by developers … [Read more...] about Enjin: Gaming on the Blockchain
Lightning Publisher for Wordpress is the second LApp released recently by Blockstream Inc. Blockstream was founded in 2014, and they specialize in sidechains to improve the usability of the Bitcoin blockchain.The latest sidechain, currently in beta release for Bitcoin, is the Lightning Network which aims to add the following functionality:Instant Payments – … [Read more...] about Blockstream Releases Lightning Publisher for WordPress LApp
In a press release, the Litecoin Foundation (a global funding organization which regulates Litecoin) released a statement explaining that the LitePay crypto credit card service will cease all functions and operations, and is soon to be sold. This announcement takes place not long after The Litecoin Foundation refused to provide additional funding to LitePay due to the company … [Read more...] about LitePay to Sever All Ties With Litecoin
Pablo Escobar. Image Courtesy of Wikipedia Roberto Escobar, brother of Pablo Escobar (yes, that Pablo Escobar), has launched his own cryptocurrency Diet Bitcoin which promises to be “a faster, lighter alternative to bitcoin.”You may have already seen the headlines claiming that the younger brother of notorious Columbian drug lord Pablo Escobar has launched his own … [Read more...] about Escobar’s Bitcoin Fork Seems Aware of Its Own Absurdity but Is It a Laughing Matter for the Crypto-Community?
Binance took to the Medium network this week to announce it will be opening a European office in Malta. For those of you that are new to Cryptocurrency trading, they are the largest exchange by value in the world. Their servers were originally based in Hong Kong, but they were moved to a number of other jurisdictions when China banned cryptocurrency trading in 2017.Setting … [Read more...] about Binance Exchange Opening in Malta
Bad news is always good for mainstream media channels as it sells more newspapers or pulls in more viewers. Bear that in mind when you see the next blockchain article covered in the press or on television. The Guardian recently published an article online that included the following headline: “Child abuse imagery found within bitcoin's blockchain.” If that’s wasn’t enough to … [Read more...] about Are There Really Unsavoury Images in the Bitcoin Blockchain?
It seems hardly a day goes by without news of yet another blockchain related Patent filing. This time it’s the United States Postal Service (USPS) for METHODS AND SYSTEMS FOR A DIGITAL TRUST ARCHITECTURE. US patent application number 20180083771 was published 22 March, 2018 and relates to a filing dated from September 2017.USPS has recognized that more and more events take … [Read more...] about Another Day and Another Blockchain Based Patent Is Filed
The search engine and technology giant Yahoo is planning to create its own cryptocurrency exchange, according to a report from Nikkei Asian Review. The company intends to gain a 40-percent stake in the BitARG Tokyo exchange and subsequently use the technology to release their own fully operational exchange in the first or second quarter of 2019. YJFX, a company … [Read more...] about Yahoo Japan Reported to Be Launching Cryptocurrency Exchange
Last month, MPs in the United Kingdom announced the launch of an inquiry into cryptocurrencies. Now they have set up a crypto task force to tackle the risks posed by the technology as the hype surrounding crypto continues to grow.The crypto space is still largely unregulated, which has led to a barrage of criticism leveled at the currency by Bank of England director Mark … [Read more...] about UK Gov Establishes Crypto Task Force as Part of Wider FinTech Strategy
There are several aspects of the cryptocurrency market which are in need of improvement, one of which is that of exchanges. Numerous cryptocurrency exchanges are riddled with errors, inadequate security, or technical issues, making investors worried about the safety of their assets.Here is a non-exhaustive list of issues that most exchanges currently face. Exchanges are … [Read more...] about Pitfalls of Current Cryptocurrency Exchanges
“Perhaps the most encouraging benefit of blockchain technology is the incentive it creates for participants to work honestly where rules apply equally to all. [...] But as an infrastructure that improves society’s public records repository and reinforces representative and participatory legal and governance systems, blockchain technology has the potential to enhance privacy, … [Read more...] about Coca-Cola and the US State Department to Work on Blockchain Project to Tackle Forced Labor
Over the coming years blockchain technology, including digital currencies, is likely to become as integrated into our daily lives as smartphones and the internet are today. It’s not just the young and technically minded that use smartphone and the internet - the technology has been embraced by all ages.Currently, blockchain technology, including setting up digital wallets … [Read more...] about How Much Do You Know About Digital Currencies?
Kevin O'Leary, co-founder of Softkey Software Products, has appeared on CNBC's YouTube channel to suggest that cryptocurrencies might replace small-cap stocks. O'Leary, an Irish Canadian businessman, is known to many from his appearances on various Canadian and US television programmes. He was previously involved in the Canadian version of Dragon's Den before moving on to the … [Read more...] about Will Asset-based Coins Replace Small Cap Stocks?