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A lot of interesting things are happening in the United Arab Emirates as we speak. Perhaps the biggest project to date is a completely new city which is home to driverless cars, greenhouses, and villas powered by solar energy. The current cost of building this new city comes to $354 million, although that number may increase … Read more
Venezuela’s president Nicolás Maduro has announced the pre-sale of his country’s national oil-backed cryptocurrency, the petro. In addition, he has presented and signed the official petro’s whitepaper and unveiled the Petro Container for mining the new currency. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Pre-Sale of Petro During the meeting of … Read more
Cryptocurrency users have no love lost for financial institutions. This is especially true when it comes to Deutsche Bank, which is considered by many to be “too big to fail”. It now seems the bank’s Wealth Management arm is advising users not to invest in any cryptocurrency, especially not in Bitcoin. There are a lot of … Read more
There are nearly 2.2 billion active gamers in the world, 47 per cent of which spend money while playing games. That is nearly 1 billion people according the gaming intelligence firm Newzoo’s Global Games Market report. A lot of games involve players purchasing tokens or coins to advance in levels or to purchase special powers … Read more
Github commits are a great way of gauging how popular a particular cryptocurrency is. Although this is not a perfect metric by any means, it does show a lot of currencies have far more active developers than the rest. A new site, which goes by the name of CryptoMiso, tracks the GitHub activity of over … Read more
The financial sector has been in a particular focus over the course of last year, in part due to the exponential rise of ICOs which has challenged the venture capital industry in its ability to finance early-stage companies and projects. The rise of ICOs may have been on the front pages, but the hedge fund … Read more
We have another interesting Bitcoin-related development in South Korea. For once, this has nothing to do with regulation or anything along those lines. Instead, one criminal saw 191 bitcoins confiscated by law enforcement earlier this week. The individual in question had been running an illegal site. It is evident the confiscation of Bitcoin in South Korea … Read more
As the day progresses, we are witnessing some interesting trends in the world of cryptocurrency. With most markets in the deep red right now, it’s all the more surprising the Lisk price is in the green. More specifically, its value has increased by 13.25% in the past 24 hours. As a result, we now have … Read more
None of the cryptocurrency markets look exceptionally good right now. With losses ranging anywhere from 7% to 15% depending on which market you look at, things are not looking all that great whatsoever. The XRP price is a clear example of how tough things are in the market right now.More specifically, we have seen the … Read more
In the world of cryptocurrencies, there are plenty of scams, pyramid schemes, and Ponzis to be aware of. Unsurprisingly, there are also honest pyramid schemes which make no bones about what they are doing exactly. The PoWHCoin project, for example, positions itself as the world’s first autonomous and self-sustaining pyramid scheme. It’s an interesting idea and … Read more
