Category: Altcoins

A New Bitcoin World

Bad Cryptocurrency Projects Have Squandered Millions of Dollars

Bad Cryptocurrency Projects Have Squandered Millions of DollarsCryptocurrency scams take many forms. But one thing they all share is the goal of enriching their founders at the expense of investors. If a crypto project is “investing” a large portion of its capital into lavish parties, PR stunts and marketing, there’s a strong chance that it’s a scam. Also read: Debit Card Issuer Bitnovo […]

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September 28, 2018 0

Venezuela Loves Dash: Altcoin Surges 30% on Adoption Push

Venezuela Loves Dash: Altcoin Surges 30% on Adoption PushNews dominating the current cycle is all about bitcoin core (BTC) skipping above the psychological $7,000 price point. However, quietly, determinedly, the altcoin Dash has been besting all comers. It is up double digits in recent days, thanks in part to its proponents’ dogged hustle and commitment to emerging economies such as Venezuela. Also read: […]

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August 29, 2018 0

Dash Is in Trouble

Dash is in Trouble2018 hasn’t been kind to cryptocurrencies, with every major asset except for BNB recording a loss for the year to date. Dash has been particularly hard hit, slipping from 7th to 14th by market cap, and down 92% from its all-time high. A growing schism, culminating in a motion to replace Dash CEO Ryan Taylor, […]

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August 24, 2018 0

Ripple Believes Its Cryptocurrency is More Decentralized Than Bitcoin

Ripple Believes its Cryptocurrency is More Decentralized Than BitcoinRipple Labs, Inc is big on decentralization right now. Stung by criticism that XRP is a centralized currency, and the very real risk that an ongoing lawsuit could see it ruled a security, Ripple has been on the offensive. Its latest effort to disambiguate Ripple the company and ripple the coin has seen Chief Technology […]

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August 23, 2018 0

A Look at Venezuela’s Other Cryptocurrencies, While the Petro Takes Center Stage

A Look at Venezuela’s Other Coins, While Petro Takes the Center StageFinancially troubled Venezuela, which is introducing the new, denominated, crypto-anchored “sovereign bolivar” this week, is also the birthplace of a number of alternative coins beside the state-issued, oil-backed national cryptocurrency, El Petro. Crisis-hit Venezuelans are actually using some of them in real life, according to the local crypto community.      Also read: Coinhive Mints Quarter […]

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August 21, 2018 0

The Best Bitcoin Alternatives – 4 Altcoins on the Rise

A lot has changed in the cryptomarket since Satoshi Nakamoto first released his revolutionary Bitcoin white paper nine years ago. Today, Bitcoin is not alone in the crypto space. There…

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August 7, 2018 0

Decentralizing Cryptocurrency Is Hard

Decentralizing Cryptocurrency Is Hard“Decentralization shaming” is a popular way for cryptocurrency tribes to laud their anointed altcoin at the expense of the rest. The degree to which a cryptocurrency is free from control by any one entity has become a stick with which to beat projects that don’t measure up to bitcoin, which is all of them. Such […]

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June 4, 2018 0

These Are the Best Performing Cryptocurrencies of 2018

These Are The Best Performing Cryptocurrencies of 2018Picking a winner in this year’s crypto markets has been a tough task. With assets deprecated across the board, even the best performing coins are in the red. To put it more accurately then, these are the least worst performing cryptocurrencies of 2018. Also read: Eight Ways to Profit in a Crypto Bear Market None of […]

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April 8, 2018 0

Centralized Ripple Is Probably a Security Token

Centralized Ripple Is Probably a Security TokenA primary attraction of decentralized cryptocurrencies is that they’re censorship-resistant. The more centralized a coin is, the easier it is for its supply to be controlled. But there’s another problem with overly-centralized cryptocurrencies such as ripple: they risk being classified as a security, which brings all kinds of problems. Also read: Emin Gün Sirer Discusses Cryptocurrency […]

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April 6, 2018 0

Verge Is Forced to Fork After Suffering a 51% Attack

Verge Cryptocurrency Falls Prey to a 51% AttackVerge, a ”privacy coin” famed for the zealotry of its community, has fallen prey to a 51% attack. A malevolent miner gained majority control of the network hashrate, a feat that makes it possible for the controlling entity to modify transactions, calling the integrity of the entire blockchain into question. Around 250,000 verge were stolen […]

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April 5, 2018 0