Is Bitcoin mining a lucrative profession? Some say it is profitable. Others swear it is a difficult venture especially if you need to compete against Chinese miners. 2016 was described by industry stakeholders as a good year for crypto currency miners. However, Bitcoin mining became more challenging after the Second […]
The Bitcoin currency exceeded $US1,000 at the start of this year. Is this an indication that the virtual currency is a lucrative investment? It is an enigmatic but enticing asset that fascinated a lot of investors globally. Earnings came quick compared to other traditional financial resources even as the […]
Not long ago, a European Parliament mandate to help strengthen the technical expertise alongside the regulatory capacity for blockchain was issued. Recent reports indicate that now, the European Commission (EC) is ready to accept offers for a possible service contract that will help establish the Blockchain Observatory of the European […]
Having entered the festive season and the appetite to spend more rising, crypto scammers are hitting back in all manner of tactics. The latest scam has dragged MicroStrategy’s Saylor into the froth, leading to the loss of hundreds of thousands if not millions of dollars worth of crypto by gullible […]
The central bank of Singapore or Monetary Authority of Singapore (MAS) made an official announcement regarding its collaboration with R3, a Financial and Blockchain Technology Company. R3, based in New York (USA), is at the helm of a conglomerate composed of 70 of the largest financial institutions worldwide conducting R […]
Kraken’s CEO has taken back his earlier prediction that BTC would surpass $100K by the end of 2021. The price of the asset has underperformed in recent weeks but the Kraken exec remains confident that the trend will be reversed. Several predictions from notable analysts forecasted Bitcoin to exceed $100K […]
It is now exactly 11 years since Satoshi Nakamoto’s last public communication before he went dark. The founder’s last message told the community that there is still more work to be done regarding attacks. Analysts have tried to figure out the reason for his disappearance with fingers being pointed at […]
Bitcoin (BTC) and other cryptocurrencies are fast revolutionizing the way we carry out nearly every activity in our daily lives, from paying for goods and services both online and offline, down to how we play games or place bets on casinos. Here we take a look at some of the […]
Bad news for digital currency prices, granted that the Securities and Exchange Commission once again rejected the proposal to list a cryptocurrency exchange-traded fund on the Gemini exchange. The proposal, which was rejected in a 3-1 vote, was made by twins Tyler & Cameron Winklevoss, founders of the Gemini exchange […]
Key takeaways Two prominent Bitcoin Core contributors stepped down from their roles last week. Their moves have sparked a fierce debate between Bitcoin proponents and other cryptocurrency supporters. The underlying reason for their departure seems to be funding. The cryptocurrency community last week received the news of two prominent Bitcoin […]
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