Quantum Computing Will Drastically Alter Cryptocurrency Paradigm
Quantum computing is quickly becoming a reality and will change the cryptocurrency world forever. Eventually, Bitcoin and all other cryptocurrencies will potentially be compromised by the advent of quantum computers; the cryptography securing modern day cryptocurrencies will be quite susceptible to quantum attacks and experts think this is inevitable in the future. Classical computers function […]
SegWit Transactions Rapidly Increasing on Bitcoin Network
The percentage of transactions which utilize the SegWit (Segregated Witness) protocol has been rapidly increasing on the Bitcoin network and now sits at 38%, amid news that the Xapo Bitcoin wallet & vault has activated SegWit. Xapo stores over 10 billion USD of Bitcoin, which is larger than the holdings of most banks in the […]
Billionaire VC Tim Draper Busts a Crypto Rhyme at Amsterdam Conference
Billionaire Venture Capitalist and crypto pundit Tim Draper is never far from the news, and as such has lived up to expectations with an on-stage interview and impromptu rap at a recent Dutch tech conference, reports Bloomberg. His way out of tune crypto rap at the TNW Conference Europe 2018 Tech Conference at Westerpark in […]
Mysterious Death of Everest Sherpa On ICO Stunt Climb
An ICO publicity stunt staged at Nepal’s Mount Everest led to the death of one person last week, the Financial Times’ Alphaville reported recently. The stunt, organized by Ukranian global social networking site ASKfm, was staged in order to promote the company’s initial coin offering by placing a ledger wallet holding the new tokens at […]
Bitcoin Price Analysis, 25th May 2018: BTC/USD Met With Resistance Below $7500
Bitcoin appears to be coming under a bear market with signals indicating dramatic shifts in the sentiment of traders. Prices keep being in a downward spiral now with volumes also coming down. The Day’s Signals Bitcoin prices fell from the day’s peak at USD 7,700 price levels with a drop down to USD 7,300 levels […]
In Venezuela a Satoshi is Now Worth Far More Than a Bolivar Fuerte, and Venezuelans Are Moving Their Money Into Bitcoin
According to Google’s currency convertor, 1 Satoshi now equals nearly 6 Venezuelan Bolivares Fuertes (VEF). A Satoshi is 1/100 millionth of a Bitcoin (0.00000001), and is the smallest possible unit for the cryptocurrency. It is remarkable that a Satoshi far exceeds the value of a VEF, and is a good indicator of just how extreme […]
Huobi Pro Offers Real-Time Tracking of Cryptocurrency Market Trends
Huobi Pro is establishing a new cryptocurrency market index for its valuable customers. The previously Beijing based Huobi Group was founded in September 2013, and as a part of its development strategy, the organization established Huobi Pro Exchange. The exchange platform has gained a lot of prominence since then. The organization moved the exchange to headquarters […]
Bitcoin Network Healthier Than Ever as Hash Rate Rises Rapidly, Despite 60% Price Drop Since December
The Bitcoin network is healthier than ever as its hash rate continues to grow nearly exponentially in the long term, despite the tremendous 60% price drop from 20,000 USD to 7,500 USD since December 2017. Miners cryptographically hash transactions into blocks and add them to the blockchain, and this is how the Bitcoin network is […]
