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The world’s richest people are putting more and more money into cryptocurrency, despite the fact they don’t understand it very well, a new report reveals. Terms like “distributed ledger” and “blockchain” are not especially familiar to the wealthy, according to their advisers. The widespread misunderstanding about the technology behind bitcoin seems to have little or … Read more
Venezuela has chosen a platform on which to auction its “oil-backed cryptocurrency”, the petro. While the country’s National Assembly has repeatedly declared this new currency illegal, the Venezuelan government will proceed with the auction of the petro on the country’s official foreign exchange platform. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies … Read more
It seems overall interest in various cryptocurrencies is on the decline. More specifically, Google searches for Bitcoin, Ethereum, and Litecoin are undergoing a major decline as of right now. Given the current sentiment across these markets, it will be interesting to see how things evolve. Crypto’s Popularity Declining After the crazy year we had in 2017, it is only … Read more
Various banks have begun preventing customers from purchasing cryptocurrencies with their payment cards. It seems this trend will not slow down anytime soon. Scotiabank is the latest institution to take this aggressive course of action, even though their reasons for doing so may raise a lot of questions in the end. Scotiabank Blocks Cryptocurrency Purchases … Read more
It is always interesting to see how people try to scam cryptocurrency users. It is a trend that will not go away anytime soon, yet people have shown an impressive degree of creativity in this regard. One of the “older” scams going around involves the supposed building of a church in the name of Jesus Christ. This … Read more
Things continue to look rather bleak in the world of cryptocurrency as of right now. Most markets are still in the red, although we see a few altcoins pushing back. The VeChain usually does well in times of market adversity, and this time around is no different. With a solid 5.62% VeChain price increase, it … Read more
The cryptocurrency markets are always evolving in many different directions. Right now, the overall sentiment is pretty depressing, as the markets have gone down in value for quite some time now. With some markets losing 10% in value or more, things are not looking all that great. Especially the Ethereum price is struggling as of right … Read more
Interest towards cryptocurrencies in Belarus has increased significantly in the past year. Topics related to bitcoin, mining, and blockchain have been popularized by media. Belarusians are searching for more crypto information online, but there are some key questions search engines are unable to answer: Will ordinary citizens benefit from the upcoming legalization? Are they going … Read more
It has become painfully evident that not all initial coin offerings are created equal. While it is only normal that not every single venture will be completely professional, one would expect a decent standard of quality from companies trying to raise millions of dollars. Unfortunately, that is not always the case, as Miroskii has seemingly hired a Ryan Gosling … Read more
Over the past few months, we have seen quite a few interesting ICO projects which are unlike what anyone would expect. These so-called transparent Ponzi ICOs have made quite an impact on the market, although it seems quite a few people are still investing in them as of right now. MIGS is another one of … Read more
