Since the inception of Bitcoin, there have been a multitude of carbon copy cryptocurrencies, and numerous others that focus on improving the privacy features offered by blockchain technology. Of these, many have proven to be scarcely more private than the original, but a few, offer a feature set worthy of acknowledgement. Enter Zcash.
In a world where privacy is becoming an increasingly rare commodity, due to the progressive digitization of our lives, one cryptocurrency aims to give us back something that we risk losing; the freedom to spend our own money in private. The need for privacy dates back as far as human existence, we created clothes to cover our nude bodies, houses with separate bedrooms to shield us from one another, and anonymous outlets through which we can convey our true feelings and opinions.
Continue reading The Ultimate Guide to Zcash (ZEC): Complete Review
Take a step back and reevaluate your options if you have been planning on buying Bitmain’s recently released Antminer X3 to mine Monero (XMR). The developers of the cryptocurrency have gone on record saying that the X3 could be already obsolete for mining Monero by the time it hits the store shelves in May 2018.
Continue reading Bitmain’s Antminer X3 Might Be Biggest Mining Hardware Scam
These days, Mt. Gox is referred to as the defunct cryptocurrency exchange that went bankrupt in 2014 as a result of one of the most devastating crypto exchange hacks in the history of the crypto market. Nevertheless, the saga of the once largest cryptocurrency exchange platform in the world is anything but over. Every now and again, a story relating to Mt. Gox captures most of the headlines in the cryptocurrency community.
Continue reading I’m Not Responsible for Bitcoin Price Crash says Mt. Gox Trustee
AirAsia, the company that pioneered the low-cost airline model in Southeast Asia has announced its maiden venture into the realm of FinTech and financial services. Led by Chief Executive Tony Fernandez, a businessman known for his relentless search for new ideas and willingness to take risks, AirAsia is now planning on launching its own cryptocurrency and an initial coin offering (ICO).
Continue reading AirAsia All Set To Ride The Crypto Wave, ICO In The Pipeline
Robinhood, the zero-fee stock trading app has more than quadrupled its value in less than a year by venturing into the world of cryptocurrency trading. The platform has included a crypto exchange service, web version, as well as a stock options trading. Within the past 3 years, Robinhood has made a name for itself, attracting more than 4 million users.
Part of its unique selling proposition is in the ease with which first-time traders/investors can use the platform. According to a recent article in the Wall Street Journal, the hugely popular trading app is about to become even bigger.
Continue reading Robinhood Valuation Jumps 4x to $5 Billion After Adding Cryptocurrencies
Bad news for Bitcoin miners has come from Thomas Lee of Fundstrat. “Bitcoin currently trades essentially at the break-even cost of mining a Bitcoin,” he said on March 15, 2018.
Lee was seconded by the president and one of the original co-founders of Blockchain Intelligence Group, Shone Anstey. “In some cases, the miners may simply turn off the machines until the price comes back a bit,” he said. “It’s got to be getting to the point that some of them may be losing money.”
Continue reading Fundstrat: Bitcoin Miners Barely Breaking Even
What is Bitcoin mining? Mining is the process by which new bitcoins are created and simultaneously, the way the bitcoin system is secured. Through mining, bitcoin transactions are validated and cleared. Mining is a sort of decentralized clearinghouse because it secures the bitcoin system and enables a network-wide consensus to be achieved without a central authority or a trusted third party. It is the invention that makes cryptocurrencies revolutionary. Well, technically, Bitcoin is an emanation of an ingenious solution to the double-spending problem and the Byzantine Generals’ Problem. And here you will find out how to mine Bitcoin.
Continue reading How to Mine Bitcoin: The Ultimate Guide to Start Mining Bitcoins
The Financial Services Committee hearing on digital currencies earlier this week didn’t go along the lines the proponents of a free and fair crypto economy were hoping for. While there’s no need for the alarm bell to go off just yet, the hearing on March 14, Wed, saw some Congress members openly expressing their skepticism about bitcoin and other digital currencies.
Continue reading A round-up of what unfolded on Wednesday’s Financial Services Committee hearing on cryptocurrencies
Fintech has been revolutionized by a number of groundbreaking innovations since the 1970s. Many experts point to the emergence of the Society for Worldwide Interbank Telecommunication (SWIFT) and its use of telex to create the premier messaging service for banks and financial institutions across the globe as the beginning of the fintech revolution.
Paperless transactions soon followed which led to the emergence of robust functioning international stock markets. The late 20th century brought with it important innovations in internet and computer technology with the development of intuitive applications that make trading a lot easier and faster.
Continue reading Blockchain Technology Can Enhance India’s Finance Market
One of my friends went to church recently, and the priest talked about Bitcoin during the Sermon. It can’t get any more mainstream than that, right? The incredible popularity of Bitcoin in 2017 is of course, directly tied to its rapid increase in price and its success as the asset, currency, or investment to beat. With gains at almost 2000% in 2017, no other investment comes close. What more the gains of the last 2 or 3 years? Heck, if you bought $100 worth of Bitcoin in 2010, it would be close to $100 million today. So what are these better investments I am talking about?
Continue reading Five Investments Guaranteed to Be Better Than Bitcoin