Tag: cryptocurrencies

Cryptocurrency in Focus: Bullish Bitcoin Watchers Drool Over the Great 'Halving'

Crypto Ponzi Scheme; China Dominates Bitcoin Mining

CHINA’S MINING DOMINANCE Crypto – A new report has found that nearly 65% of the bitcoin hashrate originates from China, meaning that China has dominated bitcoin mining more than any other country this year. 2019 has been a relatively good year for miners in general, generating $5.4 billion in total revenue, and China has consistently…
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Who's Using the Blockchain Now?

Who’s Using the Blockchain Now?

The blockchain is the technology that powers cryptocurrencies. You can think of it as a kind of digital ledger. Copies are spread across thousands of different computers and every time a new entry is added to one ledger, every copy of the ledger is updated. By creating smart contracts that are triggered by ledger entries,…
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3 Major Crypto Mining Challenges and How to Conquer Them

3 Major Crypto Mining Challenges and How to Conquer Them

Everything from high costs to security vulnerability can be mitigated. Crypto mining is the process of releasing cryptocurrencies into a network by completing a given set of mathematical computations. And just like any other mining industry — gold, data, etc.– it comes with a unique set of challenges. For the uninitiated, cryptocurrencies are underpinned by…
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This Cryptocurrency Could Be The Next Social Networking King

This Cryptocurrency Could Be The Next Social Networking King

Cash may be king, but digital money fans aim to overthrow it. Stablecoin, a type of cryptocurrency linked to real assets, is gaining powerful backers in technology and finance who hope to seize a crucial role in global trade and the economic world order. Unlike Bitcoin, Ethereum and many other digital currencies, stablecoins have backing…
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China’s Cryptocurrency Plan Has a Powerful Partner: Big Brother

China’s Cryptocurrency Plan Has a Powerful Partner: Big Brother

Facebook’s Libra project led Beijing to accelerate its efforts. The government could soon know a lot more about how people are spending. BEIJING — When Facebook announced plans this year for a cryptocurrency called Libra, it said its goal was to reinvent money for the internet age. What the company probably didn’t imagine was that…
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Why it’s time to start talking about blockchain ethics?

Why it’s time to start talking about blockchain ethics?

Blockchain technology is changing the nature of money and organizations. We should probably start pondering the potential consequences. At first glance, the word “ethics” may seem out of place next to “blockchain.” After all, the world of cryptocurrency may be most famous for its many frauds and scams. But according to a small contingent of…
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French Minister of Finance: Blockchain Is a Government Priority

France’s Minister of Economy and Finance, Bruno Le Maire, has stated that blockchain technology is a priority for his country’s government. Le Maire made his remarks during an interview with French economics and business magazine Capital on April 15, ahead of the Paris Blockchain Week Summit from April 16-17. As proof of France’s commitment to the nascent sector, Le…
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The $100B Blockchain Proof Of Concept Hiding In Plain Sight

Are you measuring the health of the blockchain industry by the cryptocurrency market? If so, you’re missing the real story.