The number of people registering for CEX.IO trading accounts; was so great that the company’s customer service team was unable to process them all, a blog post reveals. Since the post had not been updated on 2 January 2018 and the suspension announcement was still up on that day, it appears CEX.IO is still swamped.Read more
The truly fascinating part of the Brave/Adbank story is that both organizations are trying to use the same technology; Ethereum smart contracts, to solve the same problem.
Two rival Ethereum-based blockchain solutions are betting that advertising profits can be translated into cryptocurrency cash.Read more
Despite that opportunity, De La Rue is a lousy stock that investors should stay away from because it makes little money. Those seeking to cash in on ICOs should take a hard look at De La Rue it proves that there is little profit from currency creation.Read more
Raiden is designed to solve the biggest problem with the existing Ethereum network. The current Ethereum network can only process around 10 payments a second; the Brainbot team hopes to build a network that can complete around 100,000 transfers a second.
The long-term goal at brainbot is to build a network that will become a “global scale payment infrastructure” similar to that operated by Visa (NYSE: V). If that goal was achieved the Raiden Network would be even bigger than Visa’s. The current VisaNet can handle 24,000 transactions a second, or 150 million transactions a day.Read more
The mining tax is potentially revolutionary because it gives governments a means of profiting from cryptocurrency. Nations with cheap electricity can levy such a tax on mining operations, or pools. Then deposit the proceeds in a wealth fund or the national treasury. Value investors should consider buying national and taxable cryptocurrencies – because they have a lot of potential for growth.Read more
“We are confident that the new hybrid cryptocurrency exchange platform will be a success, considering our competitive edge, our product’s vast addressable market, transparency and growing demand from brokers and investors,” Qurrex CEO Matthijs Johan Lek said.Read more
Golem has the potential to disrupt almost everything if it works as advertised and brings artificial intelligence and supercomputing to the masses. The Golem Network can be ultra-disruptive because it is a global open-sourced, decentralized supercomputer. If Golem’s plans succeed it will give everybody access to a supercomputer via the internet and the blockchain.Read more
There are internet rumors that the government of Estonia is about to launch a marketplace for blockhain investments and cryptocurrencies. The rumors include claims that the marketplace will be financed by an initial cryptocurrency offering (ICO) called TGE.Read more
Under these conditions, a rising Ethereum Coin Price might drive down prices in the long run. The Coin Price would go down because miners rushing to cash in on the high prices would flood the market with new Ethereum, and drive the price back down. This is likely to happen soon, because Ethereum’s Coin Price reached $672.03 on December 14, 2017.Read more
“We could hold Google and Facebook and all those big multinationals accountable; we could make sure that people; like those who are currently ‘voluntarily’ contributing their data to pump up companies’ profits are given something that is adequate to support their livelihoods in exchange,” Fuller said.
Fuller’s idea makes a lot of sense because most of those companies’ values come from the data they collect and disseminate. Figuring out how to charge a tax on that data will be difficult because much of its value is theoretical.Read more