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BITCOIN PRICE: 5,556.65     HIGH: 5,610.00     LOW: 5,199.80

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Decentralized • November 14-16, 2018

After the huge success of Decentralized 2017, the University of Nicosia is proud to announce that Decentralized 2018 will take…

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Tag: ETH

Ether Mining no Longer Profitable as Hashrates Decline

Category: Altcoins, Blockchain, Ethereum, Mining, News, Platform, Tech

Ether Mining no Longer Profitable as Hashrates Decline

Mining the cryptocurrency ether (ETH) using high-powered computer systems is no longer profitable, stated a CNBC report on November 13, 2018. Individual Mining no Longer Profitable If a recent report by CNBC is to be believed, cryptocurrency’s gold mining days might be a story of the past, as the activity is no longer a profitable one. Crypto enthusiasts will remember the euphoria…

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Bitcoin, Ether, and XRP Weekly Market Update: November 15, 2018

Category: Altcoins, Bitcoin, Ethereum, Exchange, News, Platform, Tech

Bitcoin, Ether, and XRP Weekly Market Update: November 15, 2018

The three largest cryptocurrencies by market cap experienced a turmoil of sorts this week as the long-held stability was broken and prices plunged across the board. BTC/USD Bitcoin lost $100 of its value on November 8, erasing all the gains from the previous two days and closed the day at $6,474. The $6,600 level proved to be out of scope…

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Cryptocurrency Exchange Bithumb to Give Away Bitcoin, Ether, and XRP in Airdrop Event

Category: Altcoins, Bitcoin, Ethereum, Exchange, News, Platform

Cryptocurrency Exchange Bithumb to Give Away Bitcoin, Ether, and XRP in Airdrop Event

Bithumb, one of the biggest cryptocurrency exchanges in South East Asia and Korea in particular, has announced a ‘Super Airdrop Festival’ that any registered trader can participate in. In a Twitter post published November 12, 2018, the company said that the highlight of the event is a giveaway involving 15 BTC. This will be given to a random Bithumb member…

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Cryptocurrency Traders Evade Taxes Making Use of Lending Loopholes

Category: Bitcoin, Finance, News, Regulation

Cryptocurrency Traders Evade Taxes Making Use of Lending Loopholes

According to an article by Venture Beat, published November 11, 2018, cryptocurrency traders in the U.S. have found a lending loophole to avoid taxation on their digital currency transactions. Evade Taxes by Loaning out Equivalent Amount Taxation has been one larger problems facing the cryptocurrency industry since it came into prominence. Earlier this year, in March 2018, the Internal Revenue…

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Bitcoin Mining May Trigger the End of Paraguay’s Economic and Debt Crisis

Category: Bitcoin, Blockchain, Ethereum, Exchange, Mining, News, Tech

Bitcoin Mining May Trigger the End of Paraguay’s Economic and Debt Crisis

Paraguay’s hydroelectric powered-towns, long associated as dugouts for drug cartels, smuggling, and ammunition rackets, are now home to miners connected in a sophisticated network circuitry to mine cryptocurrencies for their owners. Giving Rise to Meaningful Industry In the city of Ciudad del Este, which is guarded by patrol teams by virtue of its close border proximity to Brazil and Argentina,…

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Japanese Cybersecurity Company Partners With ConsenSys to Detect Vulnerabilities on Smart Contracts

Category: Altcoins, Blockchain, Business, Ethereum, News, Tech

Japanese Cybersecurity Company Partners With ConsenSys to Detect Vulnerabilities on Smart Contracts

On November 8, 2018, Global cybersecurity firm NRI Secure Technologies (NRI ST) in collaboration with Ethereum-focused development studio ConsenSys has launched a new product dubbed Blockchain Security Monitoring Service.  The infant service will monitor and track vulnerabilities present in information systems and services that use blockchain technology. ConsenSys’ Role in This Venture To begin with, the product will be used…

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Bitcoin, Ether, and XRP Weekly Market Update: November 8, 2018

Category: Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Finance, Investment, News

Bitcoin, Ether, and XRP Weekly Market Update: November 8, 2018

Bitcoin managed to close above the $6,400 level on November 1, 2018, with a 40$ gain for the day. The BTC-USD pair extended its winning streak on the next day, November 2 and moved from $6,407 to $6,427. BTC-USD The notorious stablecoin Tether announced that it is now partnering with Deltec Bank & Trust, a banking institution based in the…

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Monero Lead Developer Calls Ethereum an “Idiotic and Unscalable Idea”

Category: Altcoins, Ethereum, Finance, News, Platform, Tech

Monero Lead Developer Calls Ethereum an “Idiotic and Unscalable Idea”

On November 3, Monero Core team member and lead developer Riccardo Spagni launched a broadside against Ethereum, stating that the world’s second largest blockchain is fundamentally flawed and is built on a non-solid basis that emphasizes the provision of solutions to problems that do not exist. ‘Not Invented Here Syndrome’ Writing on his Twitter account on Saturday, Spagni took aim…

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Tron Exceeds One Million Transactions a Day; Surpasses Bitcoin, Ethereum, and Ripple

Category: Altcoins, Blockchain, Finance, News, Platform, Tech

Tron Exceeds One Million Transactions a Day; Surpasses Bitcoin, Ethereum, and Ripple

Justin Sun, founder and CEO of Tron, has announced another significant milestone for the blockchain platform. On November 4, 2018, the network surpassed 1 million daily transactions for the first time in the project’s history. Sun tweeted to his followers, “#TRON surpassed 1 MILLION daily transactions! What’s next?” Tron follower Misha Lederman was among the first to point out increased…

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How the Truffle Suite Is Streamlining Ethereum Development

Category: Blockchain, Cryptocyclopedia, Development, Ethereum, Platform

How the Truffle Suite Is Streamlining Ethereum Development

Initially launched in 2015, Truffle promises to solve a number of key problems experienced by Ethereum developers in the course of building decentralized applications using smart contracts. Functioning with support from development leader ConsenSys, Truffle potentially holds the key to making Ethereum development simple and accessible to a new wave of developers, in line with the goals of ConsenSys to…

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