cryptocurrency

MELISSA CASTRO/THE DAILY PROGRESS To mine cryptocurrency, miners use graphics cards to automatically process and validate a constant stream ... ZACK WAJSGRAS/THE DAILY PROGRESS Carpe Donut owner Matt Rohdie is in the pilot phase of launching his own cryptocurrency, the "Donutcoin.

"We're seeing tons of demand for digital asset issuance across the board," said IBM's new head of blockchain development Jesse Lund, who was hired from Wells Fargo earlier this year to help develop the computer giant's cryptocurrency strategy. At the moment, that work is largely being pursued using the ...

Cryptocurrency represents one of the most thrilling classes of assets that investors have had at their disposal in many years. Because it is still relatively new compared to other assets that have been in existence for much longer, there is a great potential for growth with the various digital coins. And the ...

In a new ethereum improvement proposal (EIP) authored April 1, the cryptocurrency's creator issued his latest thoughts on the matter, posing to developers and software users that the maximum supply of ether, the network's cryptocurrency, be set at 120,204,432, "or exactly 2x the amount of ether" sold in its ...

Last week, the G20, the group of the world's 20 largest economies, took place in Buenos Aires, Argentina. The regulation of cryptocurrency was among the main topics debated by the multilateral group. The importance of everything that has been discussed in Argentina can impact the crypto market around ...

A lot of things are happening behind the scene in the cryptocurrency industry. As of right now, it seems a fair few companies are relocating from Asia. Given the mixed regulatory landscape in that part of the world, such changes are not uncommon. Even so, it seems Europe is quickly becoming a prominent ...

Bittrex, a major US-based cryptocurrency exchange, said it would remove a total of 82 altcoins from its listings by March 30. The majority of the delisted alternative cryptocurrencies have broken blockchains, were abandoned by their developers, or were acknowledged as scams or pump and dump ...

Earlier in February, the governor of Thailand's central bank had asked all banks to stay away from investing and trading in cryptocurrency, as well as participating in and creating exchanges and platforms for crypto trading. This central bank circular only applied to banks, not to exchanges or other crypto ...

Blockchain and cryptocurrency technology is new and boasts of an extremely fast-growing marketplace. The number of cryptocurrencies that are launched on a daily basis makes it imperative that there should be a better-organized system of management and transaction than what is currently available.

Yi Gang, an American-trained economist, has been elected by the Chinese government to take over the People's Bank of China (PBoC), the country's central bank, as its head. The election of a pro-market economist could have a positive impact on the cryptocurrency market.

The Institute of International Finance, a part of The People's Bank of China (PBOC), offered new insight to the country's cryptocurrency policy on its “Global Banking Industry Outlook Report” released this week. The central bank and government are already deeply invested in blockchain technology, but it ...

When it comes to cryptocurrencies, investors routinely spend ample time searching for the latest token or coin, or the one with the most exciting prospects, or the one that is most undervalued. Savvy investors look to different cryptocurrency exchanges and related apps and services in order to maximize their ...

Cryptocurrency is a market for the iron-stomached, if the asset's most recent slide is anything to go by. With news of Google banning cryptocurrency-related ads and the International Monetary Fund advising increased regulation on the asset, the price of Bitcoin, Ethereum, and Ripple continued their slide ...

More than $60 billion of value disappeared from the global cryptocurrency market after Facebook and Google banned cryptocurrency-related ads. ... It has been a rough week for bitcoin investors after Alphabet's Google (GOOG, GOOGL) joined Facebook (FB) in banning cryptocurrency-related ads.

“The investment proposals highlighting the possibility of financial returns or similar economic effects involve intermediation in miscellaneous assets and are now subject to ex ante control by the AMF. Consequently, no offer can be directly marketed in France without prior allocation by the AMF of a ...

Cryptocurrency experts and entrepreneurs are betting on Puerto Rico as the next hot place to do business. The government is making efforts to support the industry, and said it was forming an advisory council to help blockchain businesses grow. Bitcoin bull Brian Kelly calls Puerto Rico a 'viable' place to ...

Cryptocurrency has two kingpins. Forbes' 2018 ranking of the world's billionaires includes only a couple people who accumulated their vast fortunes from digital assets: Chris Larsen and Changpeng Zhao. While Bitcoin typically dominates the press around cryptocurrencies, neither Larsen nor Zhao directly ...

The price at which most miners would really start shutting down their operations is around $3,000 to $4,000 per bitcoin, said Fundstrat's Doctor. He pointed out that bitcoin also traded at the breakeven cost of mining in January 2015, when the cryptocurrency traded near $200. It slowly began climbing before ...

An ICO is how a new cryptocurrency – a virtual currency that uses cryptography for security and is not issued by any central bank – is launched. Investors subscribe, usually paying in bitcoin, receive the new currency and then start spending it, hoping that as it circulates, it increases in value. More than ...

It provides a convenient medium to invest in and trade on the price movements of the popular bitcoin cryptocurrency, without the participant taking a direct position in the virtual currency. (For more, see 5 Ways to Short Bitcoin.) The four new trusts add to the Digital Large Cap Fund, a multi-crypto investment ...

Thomas Harrison, a 25-year-old entrepreneur based in San Francisco, announced plans for a new credit card, Blockrize, that would offer cryptocurrency instead of cash back or travel rewards. He says there's currently a 2,000-person waiting list, despite Blockrize still lacking a banking partner to issue the ...

Qarnot (pronounced “Ffffnert”) is a French company that created what…seems to be a cryptocurrency miner specifically built to create heat, so that it can be a heater? This $3600 whatever-it-is basically heats your home by overworking two GPUs. So, for your money, you're basically buying a really shitty ...

To assume that the blockchain and cryptocurrency industry is male-dominated would be a fair assumption to make. This is evident by the fact that some studies estimate that women make up between four to six percent of blockchain investors. However, to assume that women aren't pioneering cutting-edge ...

French startup Qarnot unveiled a new computing heater specifically made for cryptocurrency mining. You've read that right, the QC1 is a heater for your home that features a passive computer inside. And this computer is optimized for mining. While most people use laptops, back in the golden days of ...

Japan suspended trading on two cryptocurrencies on Thursday, following a reported $530 million cyber heist at Coincheck, one of the country's largest crypto platforms, in January. The country's Financial Services Agency (FSA) have ordered Bitstation and FSHO to suspend business for at least a month, ...

The “mining”, or creating, of cryptocurrency requires very powerful computers and consumes a huge amount of electricity. The complex process involves solving difficult equations and being rewarded in newly released currency. The computational puzzles become progressively harder over time and ...

What are the world's uber-rich doing when it comes to cryptocurrencies? A growing number of high- net-worth individuals are attracted to them. More than one in five — 21% — of respondents in an annual survey of wealth advisers and private bankers said clients had increased their investments in ...

The U.S. Securities and Exchange Commission has issued a warning on cryptocurrency exchanges. The SEC says that many exchanges are currently unregulated and can do whatever they want with your money. As an investor, you should be extremely careful. As a company running an exchange, you ...

The venture capital-backed startup has major plans to upend the existing digital currency exchange landscape. Circle recently bought out Poloniex, a popular exchange. This is one of the largest cryptocurrency exchange acquisitions in history, if not the largest, according to CoinDesk. Now, Circle has plans ...

However, the report indicates that the central bank does not wish to give domestic investors legal exposure to cryptocurrency trading. "The Central Bank is against the legalization of this type of digital currency (that can be exchanged), since in this case, citizens can start actively investing in cryptocurrencies, ...

The Marshall Islands is to make its currency the world's first legal tender issued as a cryptocurrency. The parliament of the group of more than 1,100 islands passed a law Wednesday, declaring that its new currency, named Sovereign (SOV), will be distributed and exchanged as a digital coin. The Marshall ...

The Securities and Exchange Commission is looking into the cryptocurrency market, The Wall Street Journal reported Wednesday. The newspaper reported that, as part of that investigation, the SEC has issued "scores of subpoenas" to obtain information from technology companies and advisors tied to the ...

Mining is the process of verifying transactions on a cryptocurrency network by solving complex mathematical problems with high-powered computers. Bitcoin is very difficult to mine without having a super computer, but another cryptocurrency called monero can be done with a network of internet-connected ...

The value of the global cryptocurrency market is above $700 billion, but the industry is still lightly regulated. New cryptocurrency exchanges are growing rapidly worldwide, and many are at risk for cyberattack. It's crucial that investors look for red flags when choosing a cryptocurrency exchange and do their ...