An article on NewsBTC recently highlighted a report that less than 1% of Bitcoin is used for illegal purposes. The article references the case of 28-year-old Aaron Shame, a Bitcoin millionaire turned fentanyl drug dealer, who accepted Bitcoin in return for illegal drugs until caught by police. While … Read more about New Study Shows Less Than 1% of Bitcoin Used for Illegal Purposes
Antminer E3 (Ethereum ASIC) On April 3, Bitmain, a leading Chinese manufacturer of mining hardware, announced the release of the Antminer E3, an ASIC miner for Ethereum. This would be the first ASIC miner capable of mining Ether. There are mixed thoughts on this, but the pros and cons can roughly … Read more about Ethereum ASIC & Ether Cap / Thoughts
One of the most interesting thing about Ethereum is its versatility of use. The news cycle and investors have been most interested in cryptocurrencies, but the blockchain has the potential to transform numerous industries and open up new avenues for communication and exchange. The next frontier for … Read more about The Blockchain And Empowering Gamers
Coinbase Broadens Its Focus to Include ERC20 Tokens On March 26, 2018, Coinbase, the San Francisco-based cryptocurrency vendor and exchange, announced on its blog that it will add Ethereum-based tokens to its crypto offerings:“We’re excited to announce our intention to support the Ethereum … Read more about Coinbase Broadens Its Focus to Include ERC20 Tokens
In the last blog, we talked about Ethereum’s scaling issue and how Plasma Cash is being developed as a solution to this. In the race to solve this scaling problem, there are many contenders, however. The blockchain community is full of innovators striving to provide solutions that will speed up … Read more about The Loom Network Seeks to Make Ethereum More Scalable
“Whenever the next big multi-billion-dollar cryptocurrency exchange written by a totally incompetent developer gets hacked, no one will lose any money.” -- Vitalik ButerinHacking has been a significant problem for cryptocurrency exchanges in the past few months. Large thefts at the Coincheck … Read more about Plasma Cash: A Solution for Scaling & Security?
We’ve talked about how on the international level countries differ on their approach to cryptocurrency trading and blockchain development. Belarus and Estonia are investing and offering incentives to startup businesses while China is clamping down. It is much the same way within the United States, … Read more about Tennessee and Wyoming Seek to Get in the Crypto Game
Coinbase Commerce Offers a New Way to Pay Online For investors excited about cryptocurrency expansion into the real world, the new Coinbase Commerce announcement is good news. Coinbase Commerce is “a new service that enables merchants to accept multiple cryptocurrencies directly into a … Read more about Crypto News Headlines 3-1-18