There's much talk about cryptocurrency, Bitcoin, Ethereum, and Blockchain. Read what titans of industry, politicians, and celebrities think of the segment.…
19 posts tagged
Altcoin
Lesser Known Cryptocurrency IOTA Has Been Built to Outperform Bitcoin without Blockchain
A hotly debated cryptocurrency called IOTA asserts that the mathematical “tangle” will make transactions much faster and more efficient to run. Though we all hear about Bitcoin and its meteoric rise — numerous alternative currencies have experienced intriguing rallies alongside their predecessor. One of the most interesting examples is also among…
Cryptocurrency Tether Hacked but Bitcoin Rebounds Higher than Anticipated
*$8,362.30 was an all-time high for Bitcoin *Hackers stole approximately $30 million from investors of a start-up cryptocurrency that was backed by dollars. This did not affect Bitcoin who had a stellar year, rising more than 730 percent. Another cryptocurrency was hacked, but bitcoin prices recovered quickly and…
Tether Claims More than $30 million Worth of Cryptocurrency was Stolen by Hackers
A new start-up that offers dollar-back digital tokens, Tether, stated a few days ago that its systems had been hacked. This is according to cryptocurrency news site, CoinDesk. The company claims that $30.95 million worth of tokens is gone. A deleted post on its website, Tether wrote, “malicious actions…
Can Derelict Power Stations Solve Bitcoin’s Energy Crisis?
The last few months have seen a growing concern over the environmental costs of mining Bitcoin . As the computational requirements of mining the signature cryptocurrency become increasingly demanding, the system has begun to approach a dramatic tipping point. Citigroup recently reported that for mining to remain marginally profitable, Bitcoin’s…
India's Supreme Court is Calling on the Government to Control Bitcoin
The Hindu reported Tuesday that three justices on India’s Supreme Court sent out notices to the financial market regulator, the tax department, the central bank, and other government agencies requesting answers to an appeal on the bitcoin predicament. The court is concerned, as it said in its original petition,…