Forget Bitcoin, These Altcoins Are Leading the Way in Merchant Adoption

Since its inception, one of the major goals of the cryptocurrency community has been the adoption of Bitcoin as a payment method for goods and services. As it stands now, consumers can use Bitcoin across a number of industries to purchase everything from real estate, to PCs, to pizza. However, Bitcoin’s high transaction costs, deflationary nature, … Read more

Robinhood App Valued at $5.6 Billion – Now Available in 10 US States

Trading app Robinhood which started offering bitcoin and ether trading in February has attained a valuation of $5.6 billion after raising $363 million, the company has confirmed. The app is now available in 10 U.S. states. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $5.6 Billion Valuation Robinhood started out about three years ago … Read more

Ethereum, OmiseGo, and Cardano Creators are Boycotting Consensus 2018 After Controversy

According to Bloomberg, the creators of Ethereum, Cardano, and OmiseGo, some of the biggest public blockchain protocols and cryptocurrencies, are boycotting the largest cryptocurrency conference, Consensus, after a controversial report about OmiseGo’s surge in price was published on April 26. OmiseGo Controversy Consensus 2018 is the leading cryptocurrency conference, hosted by cryptocurrency media outlet CoinDesk. The event, which … Read more

OmiseGo and Ethereum Founder Donate $1M to GiveDirectly

Despite several iterations, cryptocurrency is still severely criticized. In fact, the acceptability of these digital coins is always viewed with skepticism. Often, users of this currency are perceived as being selfish. People think that the crypto world is all about making and saving money. However, a recent happening has jolted the news world and the crypto haters. … Read more

Cryptocurrency Trader Sues T-Mobile for Giving Hackers Control of His Account

Cryptocurrency use requires great personal responsibility with regards to data security. Investors need to not only make sure they are using best security practices but must also hope that service providers that have the potential to jeopardize their holdings do so as well. In a recent federal court case, a T-Mobile client claims that the … Read more

Over 1 Million People in Line for Robinhood’s Bitcoin Trading App

Young Americans are signing up in droves to a new cryptocurrency trading service, showing the massive unmet demand in the market for more bitcoin trading venues. Cryptocurrencies are coming soon to the Robinhood platform and traders appear to be following them in anticipation. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People … Read more

Vitalik Buterin and OmiseGo

OmiseGo is Vitalik Buterin’s favourite token model Vitalik recently posted on his twitter account three main reasons why OmiseGo, right now, is his favourite token model. OmiseGo is not a medium-of-exchange token; it has a clear valuation model (expected discounted future transaction fees minus node operation cost); and it requires running node to get returns, … Read more

Cryptocurrency Influencers Accused of Aiding Pump and Dumps

Social media influencers are marketing manna, coveted for their highly engaged audience who hang on their every word. Sites such as Tomoson and Meltwater link brands with influencers who are eager to spread the word – for a fee. In the cryptocurrency space, however, where influential figures can send coins soaring via a single tweet, … Read more