Coindash has announced that 20,000 ETH have been sent to the company’s wallet from the address associated with the hacker that stole approximately 37,000 ETH during the company’s ICO last year. The transaction constitutes the second instance in which the hacker has returned funds to Coindash. Also Read:Japanese Police Reveal 669 Money Laundering Cases Tied […]
Looking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on Monday, […]
The post ‘Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim appeared first on Bitcoin News.
Washington and legacy media are in a tizzy about Venezuela reportedly thwarting international sanctions by way of a dreaded state-backed cryptocurrency. A closer look reveals several stumbling blocks for the Bolivarian Republic: nonexistent reserves, hyperinflation, centralization, and the impossibility of actual redemption. The attempt will fail, if it’s ever rolled out, adding woes to a region […]
The post Why Venezuela’s New National Cryptocurrency El Petro Will Fail appeared first on Bitcoin News.
The whole point of cryptocurrencies is that they’re decentralized. Peer-to-peer cash; trustless exchange; bypassing intermediaries. So why are numerous cryptocurrencies structured more like central banks? From adjusting wallet balances to controlling nodes, many crypto projects behave just like the financial institutions they were meant to replace. Throw in the cult of a strong leader, and […]
The post Most Cryptocurrencies Are More Centralized Than You Think appeared first on Bitcoin News.
Through late 2017 and early 2018, ripple was the darling of cryptocurrency. Mainstream media couldn’t get enough of it, South Koreans couldn’t get enough of it, and nor could crypto newcomers, who had XRP top of their shopping list. Crypto moves at a blistering pace, though, and ripple’s decline has been as rapid as its […]
The post The Rise and Fall of Ripple is a Case Study in Mass Hysteria appeared first on Bitcoin News.
Following last month’s boom in price, Dogecoin now boasts a total market capitalization of over $1 billion USD. Curiously, the price milestone appears to have garnered criticism from the projects developers and creator – who have criticized the preponderance of speculative considerations within the cryptocurrency markets. Also Read: Stellar Rockets into the Cryptocurrency Top 10 After […]
The post Dogecoin Developers Lament Billion Dollar Market Cap Milestone appeared first on Bitcoin News.
Ripple has been the talk of the town lately thanks to its rocketing value and growing market capitalization that’s making eyes at bitcoin. $1,000 of XRP bought a year ago would be worth half a million dollars today. But away from the price action, there’s an issue bugging ripple that just won’t go away. It’s […]
The post Ripple Gateways Can Freeze Users’ Funds at Any Time appeared first on Bitcoin News.
Cryptocurrencies may be bringing us closer to a world of singularity and the Matrix more than we can imagine. One experiment designed by Manuel Beltrán aims to bring humans closer to this world by using human-powered energy to mine digital assets. The Dutch-based research and development team called the Institute of Human Obsolescence led by […]
The post These Dutch Researchers Are Mining Cryptocurrencies With Body Heat appeared first on Bitcoin News.
Predicting the price movements of cryptocurrencies is a dark art that combines technical and fundamental analysis with an understanding of human psychology. A recent analysis dispels a little of that darkness by revealing the interdependence of altcoins. Its findings? When altcoins fall, they often fall in unison. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with […]
The post Statistical Analysis Reveals Ties That Bind the Cryptocurrency Markets appeared first on Bitcoin News.
Today, the total market capitalization of Ripple exceeded $100 billion for the first time ever. This milestone makes Ripple the first cryptocurrency other than bitcoin to break into the 12-figure threshold, and positions it as the second largest crypto by total market capitalization. Also Read: Markets Update: Bitcoin Markets Retrace to the $15,000 Area Ripple […]
The post Ripple Gains 1,000% in One Month – Now the Second Largest Cryptocurrency appeared first on Bitcoin News.