#cryptocurreny News

Makerdao’s Single Collateral DAI Shutters, Users Can Redeem Staked Funds in ETH

May 13, 2020 by Aisshwarya Tiwari at Altcoins

MakerDAO’s ambitious Single Collateral DAI (SAI) project has been shut down after a community consensus favoring the move on May 12. R.I.P SAI SAI was first launched in 2018 as a means of cheaper DAI pooling and user onboarding. The protocol was backed by ETH in locked funds, earning interest...

Facebook Project Libra on a Board with details about what it does

Project Libra: A Summary of What’s to Come

June 19, 2019 by Ashwath Balakrishnan at Altcoins, News

The biggest headline in crypto this month has been the launch of Project Libra by Facebook, which was announced along with a published whitepaper. Binance Research studied the whitepaper and drew their conclusions as to what Facebook is trying to achieve with their cryptocurrency, June 18, 2019. The Biggest Mainstream...

What is the Meme Economy and How Can you Invest in it?

What is Meme Economy and How Can You Invest in it?

November 13, 2018 by Aisshwarya Tiwari at Bitcoin, Blockchain, Cryptocyclopedia, Ethereum, Finance, News, Tech, wallet

Memes have steadily found their way from 4chan boards and reddit subs into the mainstream culture. Nobody expected a picture with text on it to be the preferred means of breaking the ice or communicating with someone else on the other side of the world. On closer inspection, it’s not...

Watts Miners Launches Three Multi-Algo Rigs

July 28, 2018 by Nigel Dollentas at Altcoins, Mining, News

New York-based Watts Miners announced the launch of three new miners on July 26, 2018. The new products set themselves apart from many existing miners in a few ways, making them an exciting addition to the crypto space. Three Models Watts Miners has introduced three new products: the Watts Mini,...

Research Reveals New Instances of Plagiarism in Tron’s Code, States Project Faces “Technical Challenges” before Mainnet Launch

June 22, 2018 by Shaurya Malwa at Altcoins, Bitcoin, Blockchain, Business, Crime, Finance, News

A startling report by New York-based blockchain security researchers Digital Asset Research (DAR) revealed new instances of plagiarized code in the Tron code base. Tron Code Exposed According to a post on June 19, 2018, DAR claimed to have scrutinized Tron’s code and white paper to find discrepancies and successfully...

Poland’s Central Bank Sponsors Secret Cryptocurrency Slander Campaign

February 20, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, News

The National Bank of Poland has admitted to carrying out a $30,000 campaign on the subject of cryptocurrencies using many social media platforms. The campaign resulted in controversy rages about a couple of YouTube videos that are less than flattering about the economic viability of cryptocurrencies. Marcin Dubiel, a popular...

LocalBitcoins Seller Pleads Guilty to Running an Unlicensed Currency Exchange

May 24, 2017 by Alex Lielacher at Bitcoin, Finance, News, Regulation

On May 2, Missouri-based tech entrepreneur Jason R. Klein pleaded guilty in federal court to charges of running an illegal money transmitting business by converting bitcoin into cash without a license using the popular peer-to-peer marketplace LocalBitcoins. For his actions, Klein could face up to five years in federal prison....