In the beginning of the week, on Monday 7th, 2019, most of the top cryptocurrencies by market cap are seeing their prices go up. The gains, while moderate, have been seen in the last 24 hours. Bitcoin surpassed the $4,000 level. At the time of this writing, the price of the "people's currency" is $4,029,…
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The year has began and so have the attacks by cyber criminals. Coinbase, the US largest cryptocurrency exchange, was forced to cease the trading of Ethereum Classic after the network experienced unusual high hashing power. The burst was caused by an unknown miner. Coinbase has publicly announced through a blog post that they have detected…
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Fortnite is a popular online game that was released in 2017 and developed by Epic Games. It has garnered significant interest from gamers because of its high quality interface and overall appeal. Now, the merchandise store for the game has made Monero its exclusive cryptocurrency payment. The announcement was made on January 1, 2019. The…
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While the US State of Ohio may have become the first US state to accept cryptocurrencies for tax payments, New York is the first state to form a special cryptocurrency task force that will study how to define, user and regulate digital coins in the most suitable way. New York State Governor, Mr. Andrew Cuomo,…
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If 2017 was the "cryptocurrency heaven", 2018 was the "hell". The prices of Bitcoin went from $20,000 per coin in December 2017, to $3,500 in December 2018. Now, the community is wondering what 2019 will bring to the cryptocurrency market, especially when crypto "enthusiasts" like Mike Novogratz are predicting strong bullish trends and cosmic cryptocurrency…
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While most people are concerned with the energy consumption of Bitcoin, or rather, the process of its mining, many fail to acknowledge that Ethereum, among the top three cryptocurrencies in the world by market cap, is consuming not less energy than the "people's currency". Ethereum reportedly consumes around 25%-50% of what Bitcoin does, which means…
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The M&A market in the cryptocurrency market was quite high in 2017, when companies were looking to get an extra edge to their portfolios by acquiring promising crypto startups. At the time, the crypto market was booming, and even cryptocurrency hedge funds emerged. While the M&A crypto frenzy has subsided since last year, when Bitcoin's…
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The QuarkChain network is a peer-to-peer network based on blockchain, able to process up to 1 million transactions per second. Called by many the "the project to watch", QuarkChain incorporates a special design that allows for high throughput and quick, efficient distribution of data. According to Hacked, QuarkChain, with its special features, will be the…
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The largest bank in Kuwait, the National Bank of Kuwait, announced that it will integrate Ripple to its online banking system for the facilitation of cross-border payment transactions. The Ripple service will be available to all of the bank's users who have access to online banking 24/7. The new transfer service is now available to…
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White the total supply of Monero is estimated to be mined by 2022, over 90% of the cryptocurrency is already mined. The information comes from Moneroblocks, which states that as of December 20th, 16.6 million of the privacy-focused coins are already mined, and the rest 1.8 million will be mined in 3 years. The major…
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