#Ethereum

Venezuela Bans Imports of Cryptocurrency Miners

May 31, 2018 by contributor at Altcoins, Bitcoin, Ethereum, Mining, News, Regulation

Despite Venezuela’s proactive stance on cryptocurrencies, the country’s international shipping companies passed an official measure on May 29, 2018, stating that cryptocurrency mining equipment will no longer be on the list of “approved shipping items.” Creating Borders in a Borderless Ecosystem According to local reports, the Venezuelan customs authorities would...

Japan on the Verge of Legalizing Initial Coin Offerings (ICOs)

331 Crypto Investors in Japan Made Profits of at Least $1 Million in 2017

May 30, 2018 by Andrew O Malley at Altcoins, Bitcoin, Ethereum, Finance, News

2017 was a year in which many crypto millionaires were made across the world. Thanks to the explosion in the values of most digital currencies, investors saw significant gains from their investments. $380 Million in Taxes Outside of Employment Reports from Japan indicate that 331 crypto investors made profits of...

Loom Network Launches Zombiechain, a Dedicated Sidechain for Ethereum DApps

May 30, 2018 by Rahul Nambiampurath at Blockchain, Entertainment, Ethereum, News, Tech

To reduce the load on Ethereum’s blockchain, Loom Network has introduced Zombiechain, a sidechain geared toward decentralized applications (DApps). There have been instances in the past when the popularity of a decentralized application such as CryptoKitties has managed to slow down the entire network. The number of pending transactions on...

The Taylor Cryptocurrency Trading App Losses Funds to Cyberpunks

May 30, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Crime, Ethereum, Finance, News

In what has been termed a highly coordinated attack, the Taylor cryptocurrency trading assistant platform has lost a whopping $1.5 million worth of ether (ETH) and its TAY altcoin to hackers on May 22, 2018. Taylor Hacked Of a truth, crypto-related businesses and exchanges have been investing massive sums of...

Research: Smaller Cryptocurrencies like Bitcoin Private are Trivial to 51 Percent Attack

May 30, 2018 by contributor at Altcoins, Bitcoin, Commentary, Ethereum, News, Tech

While blockchain technology is famous for its secure, immutable framework, the thousands of overlying cryptocurrencies do not display equal characteristics. A recently conducted research goes on to show the depths of this concerns and concludes that a billion-dollar cryptocurrency network could be brought down with a few million dollars, and...

EOS Accused Of Ethereum (ETH) Price Manipulation Ahead Of Mainnet Launch

May 29, 2018 by Priyeshu Garg at Altcoins, Ethereum, Finance, News

On May 27, 2018, a Reddit user TraderJoeSmo on the r/Ethtrader subreddit raised the alarm about a suspected artificial lowering of the market value of ETH by a competitor cryptocurrency, EOS. A few hundred comments later, it was evident that EOS had indeed contributed in some way to fuelling the...

Cross-chain, Secure Cryptocurrency Swaps Made Possible by Faast and Trezor

May 28, 2018 by contributor at Altcoins, Bitcoin, Ethereum, Finance, News

You can now swap between bitcoin and altcoins within hardware wallets like Trezor thanks to the integration of cryptocurrency portfolio app Faast. The rising use of cryptocurrency is marked with a proportional increase in their theft, with over $1.3 billion worth of cryptocurrency stolen in 2018 alone. Undeniably, the safest...

Ethereum’s Rapidly Increasing Blockchain Size Sparks a Debate About Decentralization

May 28, 2018 by Rahul Nambiampurath at Commentary, Ethereum, News, Tech

The increasing size of Ethereum blockchain could soon become a potential problem. Miners running Ethereum full nodes have reported difficulties in synchronizing them. One miner, for example, pointed out that their geth node running the latest version 1.8.1 fails to sync the last 65 blocks. Another complaint read that the...

German Stock Exchange Ponders Offering Bitcoin Trading to Clients

May 26, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Ethereum, Finance, News, Regulation

Even with the reign of the bear market, it seems more and more financial institutions are seriously looking to join the bitcoin train. On May 24, 2018, Frankfurt-based Deutsche Borse AG has hinted it's weighing the possibility of offering clients bitcoin and other crypto-related products. Fighting the Bitcoin Bug According...

Psychology of a Successful Cryptocurrency Investor

Research States Cryptocurrency Prices Driven Solely by Investor Sentiment

May 26, 2018 by contributor at Altcoins, Bitcoin, Commentary, Ethereum, Finance, News

Everyone who knows anything about cryptocurrencies knows one thing for sure; its value is highly volatile. This infamous reason is one of the biggest qualms toward why masses are hesitant of investing. Mood Swings Lead to Value Swings What many try to understand but fail is the reason behind the...

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