Tag: altcoins news

MyEtherWallet (MEW), the most popular Ethereum web-based wallet fell victim to a DNS hack on April 24, 2018. Comments made by wallet users on social media and online crypto forums reveal that funds have indeed been stolen from their wallets. MyCrypto, a rival service to MEW, confirmed the occurrence of the hack and informed MEW users that their accounts had…

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Silicon Valley venture capitalist Andreessen Horowitz (A16Z) is well on its way to start their own cryptocurrency hedge fund. The bold development comes in the wake of subpoenas sent to more than 80 ICOs and crypto-investment firms solely in the United States. Marc Andreessen, one half of A16Z, is amongst the small set of institutional investors showing considerable interest toward…

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There seems to be no end in sight in the struggle for supremacy between Bitcoin and Bitcoin Cash. The price of bitcoin cash has steadily been on the increase over the past few days, and some critics have ascribed this increase to an underhanded form of “tokenomics.” Antpool Burns BCH for the Community Source: CoinGecko Antpool, one of the biggest…

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After a bearish Q1 2018 for the cryptocurrency market, which saw the total market cap drop by $300 billion since its peak in December 2017, Q2 is marked by bitcoin and its hard forks in a bullish uptrend. Separate Coins for Separate Objectives In what could be either be a case of mistaken identity or solid fundamentals, the previously less…

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On April 18, 2018, ElaadNL, an innovative smart charging infrastructure company, has launched the first charging station that accepts payment IOTA. The charger is located at the ElaadNL test site in Arnhems Buiten Energy Business Park. The ElaadNL test site contains all types of charging stations which are such as charging island, a fast charger, two charging lanterns, a battery…

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Cryptocurrency is proving time and time again as a more effective medium for money transfers than traditional payment systems. On Thursday, April 19, 2018, according to UK Business Insider, someone sent $99 million worth of Litecoin to another cryptocurrency wallet. While the identities of the parties involved were unknown, the large transaction attracted a lot of attention on Reddit. A…

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Following a recent move by Coinbase, the most popular bitcoin exchange in the US, WikiLeaks’ account will be discontinued without notice as announced on April 21. In a tweet from the WikiLeaks shop’s official account on April 21, 2018, it was announced that the bitcoin exchange, Coinbase, had to discontinue the payment processing services without any prior notice or genuine…

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After a three-month bear market, it looks like the tide is finally turning for cryptoassets. The price of bitcoin has rallied for a second week in a row, by almost 10 percent week-on-week pushing towards the $9,000 mark. The prediction that cryptocurrencies would rally again after U.S. tax day is becoming true. Positive statements regarding an “even-handed approach” for global…

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Bitcoin, the world’s largest cryptocurrency by market cap, was brought into the world by a person/s with the moniker ‘Satoshi Nakamoto,’ a Japanese name. Yet, it still has to be proved if bitcoin is really of Japanese origin. Nonetheless, this may be a reason why Japan has a soft corner for Bitcoin – or maybe just a hint of patriotism….

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Cryptocurrency mining often requires a lot of computation power. Therefore people who want to try their hand at mining must purchase specialized equipment. Not everyone can afford to buy expensive hardware. It usually takes a big mining farm consisting of numerous video cards to get the bang for one’s buck. The electricity bills tend to be discouraging, too. Some individuals,…

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