Tag Archives: Cryptocurrencies

A GUIDE TO KOMODO COIN

A GUIDE TO KOMODO COIN

The rapidly expanding world of cryptocurrency is currently home to over 1000 blockchain projects and platforms. As users increase, newer platforms emerge to accommodate them. However, the industry remains turbulent in the face of regulatory uncertainty, cybercrime and incredibly volatile markets. Although investors flock in hoping for a repeat of the fantastic prices that several cryptocurrencies like Bitcoinrose […]

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

Merged mining, or Auxiliary Proof-of-Work for the more technical crowd, is the process of mining two separate cryptocurrencies at the same time. Although not as popular as traditional Proof-of-Work or even Proof-of-Stake consensus algorithms, some projects have implemented merged mining to ‘piggyback’ off more secure networks as they grow. Although he didn’t include it in the […]

YouGov: One In Five Brits See Future Where Crypto Is Used Like Cash Or Card

YouGov: One In Five Brits See Future Where Crypto Is Used Like Cash Or Card

Research from YouGov, an international public opinion and data company, investigates how much people know about cryptocurrencies in the midst of bitcoin’s 10th anniversary. A post published on November 7th notes how 93% of British citizens are aware of bitcoin, but just 4% feel they understand it ‘very well.’ YouGov made a point to note how there […]

US Election Sees Crypto-Friendly Politicians Win Governor Races

US Election Sees Crypto-Friendly Politicians Win Governor Races

The U.S. 2018 midterm elections saw crypto-friendly lawmakers securing governorships in three states, while maintaining two others. Three new governors and two incumbent are ranked as very crypto-friendly, according to datacompiled by the Digital Asset Trade Association (DATA), a blockchain advocacy group. The organization sent surveys to most gubernatorial candidates, rating their blockchain-friendliness based on their responses. Perhaps […]

Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin

Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin

On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017. In comparison to Morgan Stanley’s 2017 report on Bitcoin, their 2018 outlook is bullish. The report contains an overview of both how Bitcoin […]

Nasdaq Interested in Deploying Its Platforms for Crypto

Nasdaq Interested in Deploying Its Platforms for Crypto

The U.S. stock exchange company Nasdaq wants to bring its vast experience to bear on the burgeoning cryptoasset industry, Bloomberg reported today (Nov 1st) citing an unpublished internal document. Discussing the possibility of using its expertise to detect market manipulation, and “other scams,” the company referenced its ability to comply with the industry standard of: surveillance […]

Coinbase Raises $300 Million in New Funding, Aims to Support ‘Thousands’ of Cryptocurrencies in the Future

Coinbase Raises $300 Million in New Funding, Aims to Support ‘Thousands’ of Cryptocurrencies in the Future

On Tuesday (30 October 2018), Asiff Hirji, President & COO of Coinbase announced via a blog post that the crypto exchange had raised $300 million in its latest funding round, valuing the company at over $8 billion. In his blog post, Hirji started by saying that Coinbase sees “tremendous promise in crypto to build the next great phase of the […]

Payments Company Square Open-Sources Its Bitcoin Cold Storage Tool

Payments Company Square Open-Sources Its Bitcoin Cold Storage Tool

U.S. payments processing company Square has announced that it is open-sourcing its Bitcoin (BTC) cold storage solution in an official blog post published today, Oct. 23. Cold storage refers to a method of keeping cryptocurrency holdings and users’ private keys offline in order to safeguard against theft via a remote attack. According to the post, Square’s solution, dubbed “Subzero,” uses a Hardware Security […]

Experts: Fidelity Could Single-Handedly Solidify Crypto as New Asset Class

Experts: Fidelity Could Single-Handedly Solidify Crypto as New Asset Class

On October 15, Fidelity, the world’s fourth largest asset manager with $7.2 billion assets under management, launched its crypto custody arm. At the time, Fidelity CEO Abigail Johnson stated that the long-term strategy of the investment firm is to make Bitcoin and the rest of the cryptocurrency market more accessible to investors. “Our goal is to make […]