Cryptocurrency scams are nothing new to the Blockchain community, but the rate at which they've been growing is astounding, especially in Australia, which has seen a nearly 200% increase just in 2018 alone.In fact, 2018, was what I'd call a disaster for the cryptocurrency industry, as there were rampant scams going on left right and centre. ICOs either failed or turned out … [Read more...] about What does the increased number of crypto scams mean for Australia?
To the surprise of many, the crypto market has managed to maintain a respectable position over the last five days. When the financial climate is as abysmal as it has been for as of lately, this should be considered a victory for traders and holders alike. These five days have given individuals a reasonable amount of time to help them plan their next moves financially and … [Read more...] about Cryptocurrency Market Remaining Stable After Harsh September
After a troubling time through most of September, it looks as if bitcoin has calmed down and is now moving at a steady pace. From September 29, bitcoin has stabilized around the $6,500 bracket. While this may not sound impressive regarding how low its price is, during times of crisis such as this bear market, it is often viewed as comforting to have a few moments where the top … [Read more...] about Bitcoin Has Stabilized, Suggesting a Quieter Period Ahead
Tether is a significant element of the cryptocurrency market. Numerous exchanges stock it and also give it the status of being a trading pair. Its market cap is so high that it has managed to make it as a top ten coin. It also receives large quantities of news coverage, even from mainstream outlets such as Bloomberg. While these sound like good things, so far they have only led … [Read more...] about Can Dai Bring Confidence to the Stablecoin Industry?
It would seem the trend of September 2018, is to have numerous unexpected, sharp rises and falls— the actions of the last few days are following this pattern. On September 21, bitcoin rose impressively from $6,514 to $6,766, a 3.8% rise. However, since then it has moved downward. On September 25 it fell from $6,631 to $6,385. Bitcoin’s decline has triggered most altcoins to … [Read more...] about Bitcoin’s Decline Leads to a Modest Downturn
Bitmain, the leading Bitcoin and cryptocurrency mining hardware producer, has announced a new mining rig designed specifically for use on the Decred network. The Antminer DR3 is an ASIC miner. News of this has been received with mixed reactions from fans of the Decred community, with some favoring the move as it should bring more efficiency to the blockchain, and others … [Read more...] about Antminer DR3 — Bitmain’s Next Target Is Decred
After having a reasonably positive few days, the cryptocurrency market has almost managed to stabilize for a short period. From September 21 to September 23, there were only tiny market fluctuations for the global cap, as well as most coins and tokens. The fluctuations may have been of minor concern to day-traders, but for most other investors they were nothing to worry about. … [Read more...] about Market Fluctuates After Recent Upturn
The energy industry is coming to a tipping point. Fossil fuels are depleting rapidly while releasing harmful carbon dioxide emissions into the atmosphere, while at the same time depleting to the point of not supporting the world’s energy demands. According to many experts, including Nobel Prize winner George Olah, Methanol, if applied correctly, could overtake traditional … [Read more...] about Changing the Energy Game with Silent Technology
The cryptocurrency market has been acting temperamentally and unpredictably once again. On September 17, the global market cap fell from $201 billion to $192 billion, only for it to partially recover on September 18. Some traders are dubbing this a 'flash crash' although flash crashes usually involve harsher falls. Nevertheless, a decline like this still places most traders in … [Read more...] about Bear Market Punishes Traders
Since September 12, the most recent crash has now begun to recover. The markets have now seen a rise in their respective values. The panic that has ensued can be eased up somewhat for the time being— this is great news. With the stabilizing of the markets there is still a long way to go before they reach their previous values, but at least this is a start. The market cap … [Read more...] about Market Cap Recovery: Traders Start to Relax
From September 12 onward, bitcoin has been rising in price. This is highly impressive news seeing as BTC recently fell to as low as $6,230 just days ago. Unfortunately, we are still in a bear market, even with this positive activity, but this movement brings hope to the community. Bitcoin’s price increase has also pushed other cryptocurrencies upward. For the first time since … [Read more...] about Bitcoin’s Price Increase Brings Hope to the Market
While a host of coins are flooding the cryptocurrency industry, there is still no adequate solution for measuring, storing, and transferring value in real-world use cases. This is why the Mile Unity Foundation is supporting the development of the XDR stable currency based on the International Monetary Fund (IMF) Special Drawing Right (SDR), a unity of account which has only … [Read more...] about XDR: A Stablecoin Based on the International Monetary Fund SDR
The crypto market continues to drop heavily, with most coins reaching new lows for 2018. The market cap is currently at $186 billion, which is significantly lower than its value at September 1 ($232 billion). The rate at which the market is dropping is worrying to all involved in the crypto market as it reveals that we are still nowhere near the bottom of the bear market. … [Read more...] about Crypto Market Continues to Plummet
The most popular sport in the world, with over 3 billion fans across the globe, is about to get more interactive. With the help of the Global Legends Series (GLS), a new soccer league featuring former world superstars such as Paul Scholes and Andriy Shevchenko, the 433 Token allows anyone to call the shots for their team, as well as interact with the players themselves. The GLS … [Read more...] about Putting Soccer Fans in the Action With 433 Token
When the 2017 Accenture report that claimed blockchain in banking could see a reduction in infrastructure costs for eight of the worlds ten most prominent investment banks by an average of around 30 percent was released it was just one instance that had fed into hysteria over blockchain technology.Savings of anywhere between USD 8 billion and USD 12 billion in annual … [Read more...] about Blockchain in Banking – Is Enthusiasm Wavering?
FCoin has become a lightning rod for opinions surrounding the trans-fee exchange structure. Numerous commentaries were published in the wake of what some liken to an organized Sybil hack on the Ethereum network during FCoin's launch earlier this year. The sometimes extreme criticism that FCoin received was likely misplaced. FCoin probably wasn't working in bad faith, despite … [Read more...] about FCoin Moves Past Trans-Fee Exchange Model That Invited Criticism, Imitation
Up until September 4, 2018, most traders and fans were of the belief that the crypto market cap was beginning to pull itself out of the bear market. However, the current market movements prove that this is not the case. From September 5 onwards, the market cap has been dipping harshly, bringing its value down to $191 billion. This is the lowest that we have seen the crypto … [Read more...] about Crypto Market Cap Drops to $191 Billion
The Ethereum project has been plunging further than Bitcoin, and investors are disappointed in what has been delivered in terms of both technology and price. Despite all the hype about what is undoubtedly a revolutionary ecosystem, mainstream adoption is not yet here, and may not be for quite some time. Investors losing patience in Ethereum project In 2017, all talk was on … [Read more...] about Ethereum Project Facing Investor Crisis – Long Term Project Analysis
Everybody who engages in cryptocurrency knows just how volatile the crypto market is, so it shouldn't come as a surprise when something outlandish happens— however that does not make it any easier to handle. In the space of just two hours, Bitcoin has fallen by 5.10%. The last time Bitcoin was this low was on August 31, meaning that all of September's gains have been lost. This … [Read more...] about Crypto Market Drops by 7% in Two Hours
The market for luxury goods has grown into a global force. Blockchain luxury chain-of-custody systems could be the answer to major headaches for people that want the best that money can buy. Blockchain luxury platforms could track a variety of goods, and make sure that people aren't being conned with a counterfeit.There was a time when a bogus Louis Vuitton purse or Rolex … [Read more...] about Blockchain Luxury CoC Systems Could Revolutionize Market