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Showing posts with the label March 28

Cryptocurrency: Money Or An Asset?

Some of the hypes and speculations surrounding bitcoin and cryptocurrency is that central banks may create their own digital currencies thus replacing fiat money altogether. A G20 draft communiqué already states cryptocurrencies “lack the traits of sovereign currencies” and seeks cryptocurrency  ... from Google Alert - cryptocurrency https://ift.tt/2GgBQLx via IFTTT https://ift.tt/eA8V8J

More Japanese cryptocurrency exchanges to close

A law that took effect last April requires cryptocurrency exchange operators to register with the FSA. Sixteen have done so, while another 16 were allowed to continue operating while their applications were under review. The five exchange operators that have decided to pull out of the business are all ... from Google Alert - cryptocurrency https://ift.tt/2J0KMqa via IFTTT https://ift.tt/eA8V8J

Quebec Halts All New Cryptocurrency Mining Operations

That is why it is a popular destination for many cryptocurrency mining industries looking to carry on their cryptocurrency mining operations. Quebec however, has put a halt to all operations saying that even though it has a lot of electricity being produced to meet all the demands of customers approaching ... from Google Alert - cryptocurrency https://ift.tt/2pOaGVy via IFTTT https://ift.tt/eA8V8J

Bitcoin Volatility Breeds New Opportunity for Cryptocurrency Mining Companies

Many analysts are seeing strong potential in companies that are involved in blockchain technology or cryptocurrency mining and a new opportunity for investment. There are certainly elements of this new trend that are certainly speculative bubbles and other elements that are very real with tremendous ... from Google Alert - cryptocurrency https://ift.tt/2J3Uok4 via IFTTT https://ift.tt/eA8V8J

How Many Americans Really Own Crypto, Skewed Results of Polls and Surveys

A recent survey conducted by Finder set out to find cryptocurrency ownership, interest, and gender distribution statistics for the American population. The survey discovered that 92 percent of the American population has not purchased cryptocurrency and only eight percent of them plan on investing in ... from Google Alert - cryptocurrency https://ift.tt/2GS7Pmy via IFTTT https://ift.tt/eA8V8J

Cryptocurrency donates enough money to affect over 1 million American teachers and students

Wednesday, education crowdfunding website DonorsChoose.org announced an enormous donation from cryptocurrency company Ripple, and its eponymous cryptocurrency ripple. The company behind the unique crypto, which has quickly risen to be the third-largest alternative currency behind ... from Google Alert - cryptocurrency https://ift.tt/2IctFAA via IFTTT https://ift.tt/eA8V8J

Ripple gives away $29 million of its cryptocurrency to public schools

Cryptocurrency startup Ripple donated $29 million of its own digital currency XRP to fund public schools. The donation, which Ripple says is the largest-ever cryptocurrency gift to a single charity, fulfilled thousands of requests from teachers on the website DonorsChoose.org. The money will be used to ... from Google Alert - cryptocurrency https://ift.tt/2GDLhZ2 via IFTTT https://ift.tt/eA8V8J

All In? Riot Blockchain Says It May Launch US Cryptocurrency Exchange

Former biotech company Riot Blockchain has announced that it may launch a cryptocurrency exchange and futures brokerage platform. In a public filing dated March 27, the former biotech firm said that it “intends to investigate launching a digital currency exchange and a futures brokerage operation” in ... from Google Alert - cryptocurrency https://ift.tt/2E3Aemm via IFTTT https://ift.tt/eA8V8J

Overstock.com Shares Plummet Following SEC Cryptocurrency Investigation

However, the Securities and Exchange Commission (SEC) is currently investing the company's cryptocurrency -focused subsidiary's sale of digital tokens after requesting “certain documents related to the offering and the tokens in connection with its investigation.” The move illustrates an increased focus ... from Google Alert - cryptocurrency https://ift.tt/2GE8RF1 via IFTTT https://ift.tt/eA8V8J

As concern grows over Bitcoin's energy use, what's next for cryptocurrency?

Here's the issue: Bitcoin is a cryptocurrency begun in 2009 that leverages blockchain technology in order to operate without a central clearing authority. Transactions are confirmed by "miners" who are compensated for the computing power necessary to verify transactions in a few ways. But the primary ... from Google Alert - cryptocurrency https://ift.tt/2Gjmsyd via IFTTT https://ift.tt/eA8V8J

VeChain (VEN) – Why Tim Draper Invested in This Cryptocurrency

VeChain (VEN) – (slowly rebranding itself to VeChain Thor) has been making big moves recently. Currently the 17th largest cryptocurrency by market cap, it is possible for this coin to become a dominant force in the industry as it proves to have a real use case and specific functions. While the price has ... from Google Alert - cryptocurrency https://ift.tt/2GBxnqq via IFTTT https://ift.tt/eA8V8J

Global Cryptocurrency Groups Plan to Sue Google, Facebook Over Advertising Ban

The Russian Association of Crypto-Currency and Block-Finish (RACIB) and industry associations in Korea and China are planning to sue Google, Twitter, Facebook and Yandex for refusing to place cryptocurrency advertising, RACIB head Yuri Pripachkin told the Blockchain RF-2018 congress. from Google Alert - cryptocurrency https://ift.tt/2E2X79E via IFTTT https://ift.tt/eA8V8J

4 Cryptocurrency Future Scenarios: How Bitcoin And Blockchain Could Transform The Financial ...

Imagine being told one day that your paychecks would be in Bitcoin. Pretty cool, right? Except your liquid assets could tumble in value at any moment in this cryptocurrency future. And you'd have to convert your cryptocurrency to dollars to buy groceries at Walmart (WMT), coffee at Starbucks (SBUX) or ... from Google Alert - cryptocurrency https://ift.tt/2GDG2IQ via IFTTT https://ift.tt/eA8V8J

What to Make of British Cryptocurrency Task Force

This move cannot be understated in terms of the example it has set for governments and financial institutions trying to come to grips with the rise of cryptocurrencies around the world. In fact, the move has prompted the British Treasury to setup a cryptocurrency task force that will essentially follow the ... from Google Alert - cryptocurrency https://ift.tt/2J2pQ2i via IFTTT https://ift.tt/eA8V8J

Criminals Stole Billions And Laundered it in Cryptocurrency

For some cybercriminals, cryptocurrency is appealing because it's somewhat anonymous. But as one group recently learned, perhaps it's not quite anonymous enough to avoid law enforcement. Starting in 2013, hackers targeted major banking institutions by fooling them into downloading ATM-hacking ... from Google Alert - cryptocurrency https://ift.tt/2IdE0w5 via IFTTT https://ift.tt/eA8V8J

South Koreans Will Be Able to Pay in Cryptocurrency at Over 6000 Stores

Popular South Korean cryptocurrency exchange Bithumb is partnering with digital payment service provider Korea Pay Services (KPS) to pave the way for widespread digital asset adoption in the country. Both companies are working to give over 6,000 of the country's retail outlets the option of accepting ... from Google Alert - cryptocurrency https://ift.tt/2J1rlxz via IFTTT https://ift.tt/eA8V8J

Tech Sector a Bigger Bubble than Cryptocurrency

Most people have claimed cryptocurrency is in a bubble over the past year. Given the current market sentiment, these claims seem to make some sense. At the same time, the real financial bubble is present in different sectors. It seems the tech industry is still the biggest bubble people need to be scared ... from Google Alert - cryptocurrency https://ift.tt/2IbYOEb via IFTTT https://ift.tt/eA8V8J

Ford Wins Patent for Cryptocurrency-Fueled Vehicle Technology

Americans could soon be doing cryptocurrency transactions from their vehicles and arriving at their destinations faster. A subsidiary of Dearborn, Mich.-based Ford Motors has been granted a patent by the United States Patent and Trademark Office for a cryptocurrency -fueled technology to power its cars ... from Google Alert - cryptocurrency https://ift.tt/2GjF94O via IFTTT https://ift.tt/eA8V8J

There's only one survivor of this year's cryptocurrency slaughter: VeChain

Cryptocurrency prices have taken a beating this year with the top 20 by market cap showing negative returns year to date. VeChain is the exception. The digital currency is up 28 percent compared to double digit declines for bitcoin. A unique incentive for investors to hold the currency long term, and ... from Google Alert - cryptocurrency https://ift.tt/2GFlEqV via IFTTT https://ift.tt/eA8V8J