Last weekend, two privacy coin conferences heralded the future of cryptocurrency governance: the hybrid startup model versus grassroots experimentation. Over 200 people gathered in Croatia for Zcon1, organized by the nonprofit Zcash Foundation, while roughly 75 attendees gathered in Denver for the first Monero Konferenco. These two privacy coins are fundamentally different in a variety
Month: June 2019
Litecoin price(LTC) was trading at $134.47 by 09:30 UTC on Sunday, up 13.03 percent on a 24-hour adjusted timeframe. The move uphill pushed Litecoin’s market capitalization to approx $8.18 billion, or 2.36 percent of the net cryptocurrency market valuation. At its top, Litecoin’s market worth was $19.9 billion. Litecoin is trading in a range defined
It’s no secret that mining bitcoin consumes an extraordinary amount of energy—in fact, more than the entire country of New Zealand. Such a level of energy consumption is not only a problem for the existential issue of climate change, but also threatens the sustainability of the entire bitcoin (and crypto) economy. If bitcoin mining becomes
Shin’ichirio Matsuo is a research scientist in cryptography and information security at Georgetown University and a co-founder of the BSafe.network, a global blockchain research test network used by 25 universities. Since 2015, when bitcoin became an issue for regulators like the state of New York, the regulation of cryptocurrency (the G20 now calls it as
This weekend sees over 200,000 people enjoying the sun at Glastonbury contemporary arts festival in the UK. But has Bitcoin been in the party spirit this week?… Or has something rained on our parade? Bitcoin Price Has Had A Wild Ride So Bitcoin price looks like ending the week with a gain of around $1,500.
The increased penetration of cryptocurrency in the digital payment arena appears to be affecting the landscape of cross-border remittances. Financial institutions and other mainstream establishments are now jostling with blockchain startups for control over an industry that could possibly experience massive growth over the next few years. With more participants comes greater competition and an emphasis on creating
An easy argument against the “limited supply” trope around gold is simply that we don’t know how much is out in the universe. CEO of gold ETF company, not a fan of bitcoin https://t.co/18nXYtNMFL — Barry Silbert (@barrysilbert) June 29, 2019 Precious Metal Supply: Not Limited After All NASA reportedly just uncovered a vast gold
Executives from multi-million dollar startup Golem Factory are launching a new non-profit initiative called the Golem Foundation to pursue more ambitious research and development opportunities. As stated in a June 28 blog post by Julian Zawistowski, CEO of the Golem Factory, the aim of the Foundation is to “strive for new – perhaps innovative and
The stock market closes on the weekends, but bitcoin never closes. And that’s probably why you see the industry constantly whipsawed by wild bitcoin price fluctuations. While you’re enjoying a relaxing weekend, crypto traders elsewhere are busy buying and selling. Since May, the flurry of weekend trading has accounted for 40% of bitcoin’s price gains
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Ami Ben David is founder and CEO of institutional digital securities blockchain Ownera, co-founder of SPiCE VC, previously co-founder of Securitize and investor in security token companies. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for the institutional market, with news and views delivered every Tuesday. Sign up here. Ten years after the invention of
On June 27, billionaire investor and Galaxy Digital CEO Mike Novogratz said in an interview with CNBC that he wished he had sold more when the bitcoin price achieved a new 2019 high at $13,800. After reaching its yearly high, the bitcoin price dropped by around 30 percent against the U.S. dollar, experiencing an expected
Daily transactions registered on the Ethereum (ETH) network exceeded one million yesterday, June 28, for the first time since May 2018, according to data reported by leading Ethereum block explorer Etherscan. Per Etherscan data, on June 28 there were 1,004,170 transactions confirmed on the Ethereum blockchain. Before yesterday, the last time the Ethereum chain registered
The CEO of the OneCoin cryptocurrency scam, Konstantin Ignatov, will have to undergo trial while still in custody. The New York Southern District Court’s Judge Edgardo Ramos denied a bond application filed by Ignatov despite the top leader of the cryptocurrency scam having proposed attractive release conditions, as first ported by Finance Feeds. Ignatov is
The early-access code for Facebook’s Libra cryptocurrency hit GitHub two weeks ago — and in that time, critics and would-be trollers have taken aim at the project. Spun-up by the social media giant and presently managed by the non-profit Libra Association, the project on GitHub has been saved or “starred” by close to 10,000 users,
Bitcoin price has suffered its first major pullback in 41 days. But while this seems like a daunting thought, there are some who actually believe that this is a good thing. Reasons Volatility Can Be Good For Bitcoin A Twitter thread from Bitcoiner and Stanford Law student, Conner Brown, makes the case for volatility. Volatility
After Bitcoin gets to certain heights, and the natural retracements begin, people often say it’s “crashing.” But the levels they’re talking about it “crashing” to are often higher levels than the price was living at before. Is $10,000 or $20,000 The New Bitcoin Bottom? You have to wonder whether this is positive or negative for
Craig Wright appeared in Federal court today to show cause why he had not certified facts pertaining to the list of bitcoin holdings he acquired prior to December 31, 2013. The plaintiff, Ira Kleiman is suing on behalf of his late brother – David Kleiman’s – estate. From 2009 to 2011, David Kleiman and Wright
The International Monetary Fund (IMF) believes that central banks may issue digital currencies in the future, according to a report by the IMF on June 27 According to the full paper, the IMF and World Bank conducted a survey on fintech that solicited answers from financial institutions within all member countries, and has based its
Bitcoin was on a massive tear and the parabolic run was unstoppable as the crypto reached $13,000. It has declined since but is up on the weekly timeframe. While many long-term investors are euphoric over this juggernaut ascent, some experienced traders are starting to feel anxious. The trend reversal is so strong that a significant
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