February 2, 2020

Is Stellar a decentralized market or a new cryptocurrency?

Stellar Lumens and Ripple: Concrete or Little Brother? The first thing that is important to know about, as well as about any new product is its features, disadvantages and advantages. First of all, Stellar is a blockchain platform for transferring digital assets around the world. And here we can emphasize the first feature – an open network with open source code, in which every programmer can participate in updating the platform. Feature # 2: Lumen is the cryptocurrency of this platform, which was renamed in 2014 after a massive rebranding. In this case, XLM cryptocurrency acts play the role of

February 1, 2020

What unit is used to describe the smallest amount of bitcoin?

Everyone knows how twice, that for one kilometer – 1000 meters, for one liter – 100 milliliters, for 1 kg – 100 grams, in one dollar – 100 cents. Indeed, in one gigabyte a little more than 1,000,000,000, according to the binary system. But what, in this case, can cryptocurrency be broken, namely bitcoin, and is it possible at all? The most interesting thing is that this really works in the case of bitcoins, so get acquainted – Satoshi is the smallest unit of Bitcoin cryptocurrency, and its ratio is 100 million Satoshi to one bitcoin and has the designation

January 31, 2020

Altcoin’s Season: The End or Just The Beginning?

Now we can confidently say that January, as the first month of the coming year, pleased us quite strongly, at least because the total cryptocurrency capitalization increased by $ 58 billion, which is almost 30%. And here it is worth noting: Bitcoin (BTC), which rose by 25%, i.e., $ 1900 a month. Ethereum (ETH) has grown by almost 30% ($ 40) since early 2020 Bitcoin Cash (BCH) – added 79% or $ 170. Litecoin (LTC), known to us as a hard fork of Bitcoin, grew by 36% ($ 16) Ethereum Classic (ETC) grew by 140% or $ 7 per month.

January 31, 2020

Ivan on Tech: The BTC Bull Run or 2017 Deja Vu?

The interview was including questions about the latest wave of Bitcoin growth, which means the return of bulls, as well as the impact of the adoption of cryptocurrency for an economic future worldwide. Ivan answered in the affirmative and indicated that the intersection of the value of 9 thousand dollars. The United States is indeed a positive achievement for Bitcoin, and it is expected that in the coming days, the value will continue to rise. In particular, referring to the psychological barrier of $ 9.4 thousand, Ivan said that if Bitcoin can overcome this mark, the next wave of bulls

January 31, 2020

Upcoming Elections and BTC Price

The US needs to begin to regulate crypto-industry in order to become a market leader consistently, said Democratic presidential candidate Andrew Yang in an interview with Bloomberg. According to him, the lack of uniform legislation for all states impedes the development of both individual projects and the industry as a whole. Democratic candidate Andrew Yang says America cannot become a leader in the crypto industry due to a lack of unified legislation, and banning the trade in digital assets is useless. “Right now, we are standing still due to confusion in state-to-state law, and this is bad for everyone. This

January 31, 2020

Cryptocurrency Gaming in 2020: Have Fun & Get Coins

The creators of tokens, manufacturers of processors and video cards, and even the founders of exchanges are gradually shifting their attention to the related industry – games on the blockchain. And they offer users new ways to get digital coins. At the end of last year, one of the largest manufacturers of processors and video cards, AMD, joined the association promoting the blockchain in the gaming industry, Blockchain Game Alliance and became a partner in online gaming platforms Robot Cache and ULTRA. This event was also followed by the news that Samsung added the game on the TRON blockchain to

January 30, 2020

G7 Report – Bitcoin Is Not Money Nor Asset

Late last year, the Big Seven (G7) released a report stating that bitcoin and other cryptocurrencies still do not constitute a “reliable and attractive” means of payment. In particular, G7 researchers are convinced that cryptocurrencies are incredibly volatile, difficult to use, and they have scalability problems and regulatory risks. Bitcoin According to Money Theory Until now, regulators of various countries have not come to a common denominator in matters of cryptocurrencies and therefore interpret their essence in their way. Some equate bitcoin to assets, others to means of payment, still others to goods, and still others completely prohibit the circulation

January 30, 2020

Fake Reviews & News Boosted OneCoin Ponzi Scheme

The news was that the popular company OneCoin allegedly used fake reviews on TrustPilot and Quora to attract its investors. Back in October 2019, we were told about OneCoin fraudulent activities, and now we can only guess how they still managed to collect an incredible amount of 5-star reviews on TrustPilot. It is worth clarifying that 90 percent were positive, and, surprisingly, approximately 400 of the five-star ratings were published within a month. But for example, Quora analysts concluded that most of the profile posting these positive reviews are likely to be faked. Moreover, DFRLab, likewise, could not confirm the

January 30, 2020

Crypto Index for Institutional Investors: New Approach by Japanese Experts

The Asian cryptocurrency adoption so far is the best one. Many countries, instead of a permanent ban, consult and develop each other to implement digital currencies into the traditional financial system.  Japan, as one of the strongest economies in the world, is holding more neutrality toward cryptocurrencies rather than a complete ban. Moreover, the highest representatives of Japan government institutions pointed out many times that the state does not need to use digital currencies. For instance, Haruhiko Kuroda, the Governor of the Bank of Japan, explained that the government is exploring the possibility of using blockchain technology in case this

January 29, 2020

LocalBitcoins are Suspending Users’ Accounts Worldwide Without Any Announcements

LocalBitcoins – Account Suspension Without Prior Announcement Amid Users’ Reports Namely, traders from Africa, the Middle East, and Asia faced the unexpected suspension. The Finnish crypto exchange made such actions without warning and notifying its users. But the reason LocalBitcoins nevertheless voiced – “an expanded process of due diligence.” Only on January 28, and this is almost a week after the first case of account freezing, LocalBitcoins tweeted that at the moment, the planned technical work is underway on the site. But, it is worth noting that in their statement, it was said about the duration of this procedure, and

January 29, 2020

McAfee Founder Slams Bitcoin, Bolsters Altcoins Domination

Just a few months ago, John McAfee, who is looking to be the next president of the United States, truly supported Bitcoin. Moreover, he shared his opinions regarding the cryptocurrency price by stating that BTC can be very-very valuable.  In a series of tweets he explained his followers why Bitcoin may be the best financial tool for future systems, as well as joked that he would eat his valuable man’s copulation organ. Recently, the founder decided to drag Bitcoin through the mud by posting a new tweet. Such an opinion doesn’t look weird because McAfee also confessed that his pro-Bitcoin

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