Spy Mining Millions are earned with empty blocks
Mining pools have found a way to collect mining fees without confirming transactions. They play according to legitimate rules. How does spy mining work? The basic principle of spy mining is that blocks in the blockchain do not contain the same...
Pantera Guesses What Bulls Need
Increased scalability of cryptocurrencies is needed before the next run-up in prices, but when that happens the market to increase “10x from here”, according to Joey Krug, Pantera Capital’s co-chief investment officer. In an interview with Bloombe...
Barriers to Blockchain Adoption Are Falling Deloitte
Although the value of blockchain adoption for companies is still “more potential than actual,” barriers to entry in the space are being lowered and the technology is gradually getting closer to mainstream, consulting giant Deloitte pointed out in a n...
Competition Among States is Good For Blockchain, EU Makes its Move
It is inevitable that some jurisdictions will accommodate blockchains and their effects in a more efficient and attractive manner than others and this competition can facilitate blockchain development, Anastasios A. Antoniou, member of the EU Blockch...
Cybersecurity firm Fidelity announced a new and separate company to handle custody for cryptocurrencies
Even if there is a current slump in prices and news of hacks and fraud, acceptance among institutions for cryptocurrency is growing. The 72-year-old firm announced the launch of a separate company, Fidelity Digital Asset Services, on Monday that will...
Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network
A joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in China and warned of the potential risks that could result from the significant geographical centralization of...
Unpacking the 5 Biggest Cryptocurrency Scams
Cryptocurrencies have revolutionized the way the world looks at transactions - but they’ve also facilitated some monumental scams over the past nine years. The success of Bitcoin and a number of altcoins jumpstarted an industry that is incorporati...
Binances Astronomical Success is Motivated By Adversities Faced in China
The regulatory clampdown on cryptocurrency exchanges in China has been noted as a key factor in the sensational growth of Binance in 2018. Launched in the middle of 2017, the rate of growth that Binance has experienced, both in terms of trading vo...
Coinbase Valuation at USD 8 billion Speaks Volumes
Coinbase, the US-based fiat-to-crypto exchange and wallet service, is reportedly valued at USD 8 billion and in talks with Tiger Global, an investment firm, for up to USD 500 million. This is a sure sign that the industry is more than just “tulips,”...
MyEtherwallet Launches a New Type of a Crypto Wallet
MyEtherwallet, the popular Ethereum and ERC-20 token wallet often referred to as MEW, has recently launched a new mobile wallet application with functionality as a hardware wallet. The ‘no hardware hardware wallet’, dubbed MEWconnect comes with an...