Bitcoins have led to a revolution within the present economics. The idea of currency is being evolved. However knowing about the ins and outs of Bitcoin isn't enough. There’s a range of alternative digital currencies out there. These are referred to as ‘Altcoins’ or alternatives to Bitcoins. A number...
Fear, uncertainty, doubt and mic drops. Late last year on 20 December 2017, MIT Media Labs (only loosely affiliated with the MIT university) writer Joichi Ito published four key criticisms of IOTA. It followed over a month of contentious debate about potential security flaws, including some criticisms from Ethereum's Vitalik Buterin. In...
Litecoin prices surged nearly 30% today to an all-time high, as alternative coins showed solid gains across the cryptocurrency space. Investors were still phased by Bitcoin prices fluctuating wildly on Coinbase and the site crashing yesterday (Dec. 8, 2017). Crypto Asset Management Director Tim Enneking told Forbes that Litecoin is "absolutely cruising in BTC's...
The price for MIOTA, the cryptocurrency for the IOTA platform, has exploded over the past week, gaining massive value and surpassing Ripple to take the #4 spot among cryptocurrency market caps. The price explosion has come on the news of a major agreement being signed with Microsoft, Fujitsu, and others for business-to-business data sharing. The price rally began...
RAK Bank, a retail and business bank in the UAE has partnered blockchain startup Ripple to power instant cross-border payments to retail customers to India, the world’s largest remittance receiver. The age of blockchain-powered, instant, low-cost bank remittances is slowly taking shape. RAK Bank, also known as the National Bank...
A new charity initiative called Bail Bloc may have just found the only good use for cryptocurrencies to date: bailing people out of jail who can’t afford it. Software that uses your computer power to “mine” (in other words, create) digital coins for profit have become a bit of a bogeyman online....
It’s been a tumultuous week for cryptocurrencies, yet with all eyes on Bitcoin and Bitcoin Cash, the digital currency Dash has experienced an impressive surge over the past 24 hours. Earlier in the day, Dash was valued at $319 each. Less than 12 hours later, the price had surged to...
The initial coin offering for Latin American startup Ripio’s micro-lending network reached its $37 million hard cap. The blockchain financial services firm, formerly known as Bitpagos, is developing the Ripio Credit Network with the stated goal of democratizing the lending process and removing the geographic and bureaucratic barriers that prevent...
Ripio Credit Network (previously known as BitPagos) has announced the results of its token sale and distribution. RCN raised the funds needed to hit their targeted maximum of $37 million (121,300 ETH). Investors from 25 countries have participated, with the majority of token purchasers based in Hong Kong, Japan, South Korea,...
The recently created trading platform Binance is quickly becoming one of the important pillars of the cryptocurrency community. With a robust voting process and a careful selection of coins, Binance is working to increase the popularity of cryptocurrencies. It has taken a while before Binance looked at Monero, despite its...