As we reported last month, cryptocurrency developers try to optimize their blockchains for standard computer equipment, to discourage large entities from cornering the market in mining their coins. Monero may hard fork to reject a Bitmain ASIC, and the developers of Ethereum have been trying to keep it ASIC-resistant. Bytom is embracing ASICs and the […]
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As the various cryptocurrency exchanges vie for a piece of the growing market for digital currencies amid SEC warnings to exchanges, crackdowns, and probes, Bitfinex adds new functionality to its developer tool chest. With the open-source, Honey Framework, traders will have the ability to implement custom order types and trading strategies using their platform. The […]
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Unbeknownst to the attendees of the EthCC Ethereum Community Conference in France, Vitalik Buterin showed up to present news about a new upgrade. According to Buterin, a scaling solution for Ethereum’s smart contract system, Plasma, would be released to increase its computational functionality. Buterin teamed up with Bitcoin Lightning Network co-creator Joseph Poon, as well […]
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Coinbase announced the release of a new cryptocurrency index fund for US accredited investors. In the United States, to be considered an accredited investor, you would need a net worth of at least $1 million, excluding the value of your primary residence, or an income of at least $200,000 each year for the last two […]
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People in Australia will now be able to purchase Bitcoin and Ethereum at over 1,200 newsagents. The minimum purchase is $50 AUD, which must be made in cash, using an interface on an iPad mini available at each of the stores. Bitcoin.com.au launched the digital currency exchange service in 2016 and has been pushing out […]
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Circle, the Goldman Sachs-backed payments company has acquired Poloniex on February 26, 2018, according to a press release on the Poloniex website. Poloniex is a cryptocurrency exchange and current users are able to trade against Bitcoin, Ethereum, Monero and Tether. With a payments company backed by one of the world’s largest investment banks coming into […]
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Coinbase has released Coinbase Commerce, a new service that enables ecommerce websites to accept Bitcoin, Bitcoin Cash, Ethereum and Litecoin payments. The service is available worldwide and pushes payments in multiple cryptocurrencies directly into a user-controlled wallet. Coinbase has offered merchant products in the past, however they have always been fully centralized. Coinbase Commerce is […]
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Ledger SAS, the French cryptocurrency hardware manufacturer has raised a staggering $75 million USD during its Series B round under the leadership of Draper Esprit, one of Europe’s leading venture capital firms. This represents the biggest venture capitalist fundraiser in the crypto storage sector, and it serves as a strong indicator of the growth of […]
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A lot of startups and new projects are entering the crypto space and it’s important for investors to understand the procedures of different projects using the Blockchain technology. In 2016, $50 million in digital currency was stolen using a fictitious investment fund known as the Decentralized Autonomous Organization, or DAO. As such, investors are hungry for […]
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While many people look at digital currencies merely as investment opportunities due to the skyrocketing value of Bitcoin, Ethereum, Litecoin, and other altcoins, some experts believe that the real value of cryptocurrencies is the blockchain technology, which has the potential to change the way we do business, particularly through smart contracts. And, contrary to popular […]
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