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Plaintiffs in the class action lawsuit against Ripple Labs have filed another litigation complaint against Ripple CEO Brad Garlinghouse. The news follows the recent court judgment that denied Ripple Lab’s attempt to get the case dismissed. Also read: Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’ Plaintiffs Accuse Ripple Labs … Read more
Bitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent … Read more
Over the past few years, the buzzwords “Blockchain Technology” have been tied to literally every industry under the sun. Cryptocurrencies had a wild year in 2017 and it seems during that time distributed ledger technology has made it all the way to the ‘Blockchain 5.0’ era, but there’s a big problem — No one reporting … Read more
During the Satoshi’s Vision Conference in Tokyo, news.Bitcoin.com spoke with the CEO of Bitkan, Fang Yu, about the recent regulatory actions against cryptocurrency exchanges in China alongside her company’s new venture a vertical paid market called the Bitkan ‘K Site.’ The project will attempt to establish a decentralized media outlet that offers incentives to content … Read more
Initial coin offerings are often considered to be the holy grail for blockchain projects. This business model allows anyone with an innovative idea to potentially raise millions of dollars. Unfortunately, the overall ICO statistics are anything but impressive in this industry right now. The ICO Industry is Still Troubled While most people will readily agree … Read more
A new initial coin offering (ICO) called Miroskii hopes to build a ‘decentralized bank’ by utilizing blockchain technology. Looking at the white paper and the website, it appears to have solid ideas and even a nice looking team behind the project. However, looking a bit closer at the team shows the ICO’s ‘graphic designer’ just … Read more
ICO scams can take many forms. There are phishing scams, perpetrated by impostors. There are the straight-up take-your-money-and-run exit scams. And there are the pointless ICO scams which will rob investors by failing to deliver a viable working product or shipping vaporware. In the long run, these are every bit as pernicious, for not only … Read more
‘Vaporware’ is a term that’s tossed about loosely, often against cryptocurrency projects that have no clear use case. It’s an easy accusation to make given that many crypto projects are still at the development stage, and haven’t had a chance to prove themselves. This year’s vaporware could be next year’s ethereum – or at least … Read more
Just as Satoshi’s vision wasn’t 1,000 bitcoin forks, the vision of ethereum founder Vitalik Buterin wasn’t to decentralize the parenting industry. This year, an avalanche of ridiculous ERC20 tokens have been issued that take vaporware to the next level. From bananas on the blockchain to smart contract-based tombstones, these are the most pointless cryptocurrency tokens … Read more
