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We have seen quite a few ICO projects designed to make fun of the entire business model. People will gladly throw money at any initial coin offering without doing the slightest research. This is why projects such as Super Cool Awesome Money – or SCAM – exist. It is clearly a scam and advertises itself … Read more
Cryptocurrency network congestion has become a very real problem over the past few years. Not only have we seen Bitcoin suffer from such issues, but the Ethereum network is prone to major delays as well. It is evident this creates a lot of problems for cryptocurrency users looking to transfer value from one platform to … Read more
Disclaimer: this is a humor piece and should be interpreted as such. With every major market move, both up and down, some individuals inevitably buy the top or sell the bottom. Past movements suggest that certain all-powerful investors are responsible for market movements, as their trades and decisions lead to opposite, powerful reactions from the market. On … Read more
Russia’s national cryptocurrency, the cryptoruble, is unlikely to be created in the foreseeable future, according to the Bank of Russia. The central bank believes that it could be used to bypass regulations. Meanwhile, the finance ministry wants to use the cryptoruble for cross-border payments. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more
Even though most cryptocurrency markets are showing signs of recovery, some altcoins still struggle a bit. Struggling is a term used rather loosely here, though, as a 1.65% dip compared to 24 hours is nothing these days. For the NEO price, the fight for dominance over $150 is still in full effect as we speak. … Read more
South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous year. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more
After a few difficult days, it seems the cryptocurrency markets are slowly going back to normal. More specifically, the Ethereum price has climbed back above $1,000 as of last night, after dipping all the way down to $799. A very remarkable bound back, even though all markets are still in a bearish state right now. … Read more
Over the past few months, South Korea has become one of the world’s biggest cryptocurrency hubs. Local exchanges generate billions in volume every single day, divided among the top and smaller cryptocurrencies. Even though the government is looking to curb cryptocurrency trading, the general population is not too bothered. A new study shows that close to … Read more
Bitcoin Cash is on the minds of a lot of people these days. Whether one loves it or hates it, no one can deny BCH has made its mark on the cryptocurrency ecosystem as a whole. So much, even, that the Scandinavian Cryptocurrency Exchange (SCCEX) is looking to promote this altcoin. More specifically, it will offer … Read more
In the world of cryptocurrency mining, ASIC hardware is in high demand. Although many people would associate this type of hardware with Bitcoin or Litecoin mining, there are devices suited for other currencies as well. More specifically, Bitmain has announced the Antminer A3, which is designed specifically for the Blake (2b) algorithm. So far, there … Read more
