Crypto “revolution” has been most evident in the fintech sector but it slowly making inroads in other areas and even artists are beginning to appreciate the benefits that cryptocurrency can bring. A series of articles by Tim Schneider from ArtnetNews pretty much sums up the current state of play in the art world and the digital economy, and I urge anyone who is interested in the topic to review those in greater detail. The author points out that blockchain-based work probably first surfaced in art-world consciousness in the form of Sarah…
Read MoreCategory: Uncategorized
Crypto Hedge Funds on the Precipice, Future Outlook Uncertain
Last year saw a giant influx of crypto hedge funds while in 2018 several have closed or failed to launch. Earlier this month, Bloomberg reported that nine cryptocurrency hedge funds have closed this year, with only two of the top twenty-five funds reporting gains in Q1 of this year. The reality is that there’s an over saturation of crypto hedge funds with over 167 opened in 2017. While nine of them are closing and many other planned crypto hedge funds are opting not to launch this year, it still doesn’t put…
Read MoreNo, Visa Doesn’t Handle 24,000 TPS and Neither Does Your Pet Blockchain
When it comes to measuring the speed of new blockchains, the comparison is always with Visa. Despite not being a blockchain, the 24,000 transactions per second Visa reportedly handles have attained mythical status. That figure is unquestioningly trotted out whenever scaling is discussed. In reality, claims of Visa’s throughput, as well as those of emerging blockchains, have been greatly exaggerated. Also read: The Bitcoin BCH Block Explorer Explodes With Blockchain Data Visa, Scaling, and the 24k Hoax Bitcoin was envisaged as a payments system and so it was natural, long before…
Read MoreGerman Cops Look Hard at Antics of ICO Savedroid After Ghost Prank
The same German online news outlet that broke the Savedroid supposed exit scam, turned gotcha publicity stunt, is reporting prosecutors just might have a legal case against the initial coin offering (ICO) outfit. Also read: Bitcoin in Brief Thursday: ICO Scares Investors with Ghost Prank German Prosecutors Consider Legal Action Against Savedroid Wirtschafts Woche, the same German source that announced a $50 million exit scam by ICO Savedroid, is reporting prosecutors in Frankfurt are examining the “extreme advertising campaign” of the startup. After an elaborate hoax was played on its investors…
Read MoreMt Gox CEO Mark Karpeles Lands New Job — CTO for Cryptocurrency Firm
The infamous former CEO of the now defunct bitcoin exchange Mt Gox, Mark Karpeles, is trying to start over with a clean slate in life. Karpeles has revealed to the media that he’s started a new C-level position as the Chief Technology Officer (CTO) for a firm called London Trust Media. The technology company invests in virtual private network companies and cryptocurrencies. Also Read: Indian Exchange Takes Central Bank to Court Over Bank Ban The Notorious Mark Karpeles Lands a C-Level Position With a Firm That Dabbles in Cryptocurrency Investments and…
Read MorePR: After the First Blockchain Transaction in US, Real Estate Marketplace Propy Announces a New Developer Program
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. California-based blockchain startup Propy, is bringing the commercial use of blockchain technology to the US. After facilitating the first US Blockchain-based real estate deed in Vermont, Propy announced a new open source Developer Program. The idea behind Propy: it allows anyone to buy or sell…
Read MoreKraken CEO Condemns “Hostile” Questionnaire Issued by New York AG
Jessie Powell, the CEO of U.S.-based cryptocurrency exchange Kraken, has publicly stated his refusal to answer a questionnaire issued by the New York Attorney General’s office. Mr. Powell has described the questionnaire – which was sent to thirteen virtual currency exchanges operating in the United States – as hostile to both cryptocurrencies and the virtual currency sector generally. Also Read: Institutional Demand for Bitcoin and Crypto Resurges Kraken CEO Rejects Questionnaire From New York Regulators The chief executive officer of major cryptocurrency exchange Kraken, has criticized a questionnaire sent to thirteen…
Read MoreBitcoin in Brief Friday: Truths, T-Shirts, Things That Matter
In today’s Bitcoin in Brief we are focusing on some truths that have been uttered recently in regards to the latest attempt by authorities in New York to cross borders, when it comes to crypto controls and regulations. Also, crypto T-shirts, inspired by digital aesthetics, have been put on sale. Do you want to know why their design is a bit old-fashioned? Crypto markets are to blame… Also read: Bitcoin in Brief Thursday: ICO Scares Investors with Ghost Prank Speaking from Crypto Perspective Kraken CEO, Jesse Powell, has been praised…
Read MoreBig Money Meets Secretly with Regulators to Protect Ethereum
Big money venture capitalists and law firms met in secret, roughly a month ago, with the US Securities and Exchange Commission (SEC), according to two major media outlets. The SEC has been particularly active this year, causing those with interest in pet coins and projects to lobby the agency for special protection. Top of the list was a push to provide “safe harbor” for Ethereum. Also read: Telegram Uses Bitcoin in Effort to Thwart Russian Authorities Big Money Lobbies for Ethereum in Secret Andreessen Horowitz, Union Square Ventures, along…
Read MoreThe Bitcoin BCH Block Explorer Explodes With Blockchain Data
Bitcoin.com is a web portal loaded with resources tethered to the heart of the cryptocurrency revolution. Just recently we launched our new blockchain explorer which allows anyone to verify transactions and other data tied to the Bitcoin blockchain. We want to give our readers a little more insight on this awesome tool. Also Read: Indian Exchange Takes Central Bank to Court Over Bank Ban Check Out the Bitcoin BCH Block Explorer A blockchain explorer is a neat tool that acts like a search engine for the BCH network and other public…
Read More