Category: Cryptocoin

  • A top Coinbase exec explains the master plan to turn the $1.6 billion cryptocurrency exchange into the next Google

    by

    Business Insider checked in with Dan Romero, VP and general manager at Coinbase, to find out what its like trying to grow and scale one of the hottest startups in tech. Coinbase, a cryptocurrency exchange, saw $1 billion in revenue last year as bitcoin surged in popularity and nearly hit $20,000 in value. Now Romero […]

    more
  • Regulations And Their Influence On Cryptocurrency Prices

    by

    2017 saw cryptocurrencies swing wildly in valuations daily. Despite a mostly upward trajectory, the market remains susceptible to unpredictable and sometimes extreme fluctuations in prices. While some of this volatility can be attributed to how the current cryptocurrency model was conceived—namely its deflationary nature—and the fact that most coins are still viewed mainly as investment […]

    more
  • Here are 5 reasons why 2018 will be the best year for cryptocurrencies.

    by

    Hosp has explained before why a potential cryptocurrency bubble could burst in 2018, but there are several factors that make him see upside potential in the space. For bitcoin, the most important cryptocurrency by his estimation, he sees a 150 percent potential upside for 2018. Taking into account several factors, the cryptocurrency market’s upside potential […]

    more
  • There is a speculative mania says feds.

    by

    William Dudley, New York Federal Reserve President, on Thursday offered the latest critique of cryptocurrencies. Speaking at a media briefing in Manhattan to discuss the economic outlook for Puerto Rico in the wake of a spate of catastrophic hurricanes, Dudley said there’s a “speculative mania” around cryptocurrencies, which he described as dangerous. Dudley’s comments come a day […]

    more
  • Litecoin Leads Cryptocurrency Market Comeback

    by

    One of bitcoin’s main rivals, litecoin, has surged by nearly 40 percent in value this month, giving the crypto market hope for recovery after January’s collapse. The world’s fifth most valuable digital currency by market capitalization is currently up 54 percent against last week. Litecoin has appreciated by 112.27 percent from the February 6 low […]

    more
  • According To Survey Less Then 100 Cryptocurrency Traders Paid Taxes

    by

    As nearly all major digital assets on Wednesday were rallying, the cryptocurrency market was contemplating a notable climb in Litecoin and questions about which digital-asset traders are forking over money to the Internal Revenue Service. Almost no one is paying taxes Of the first 250,000 tax filings, less than 100 people reported owning any cryptocurrency, […]

    more
  • Cryptocurrency Mining In Iceland Could Leave The Country Without Energy

    by

    Mining bitcoin is not a task for your average Joe. As far back as 2014, researchers estimated that profitable bitcoin mining was out of the reach of commercial hardware. The increasing difficulty of solving the equations that yield the digital currency means that it takes an entire server farm today to make it …

    more
  • U.S. Courts Website Unwittingly Became a Cryptocurrency Miner

    by

    Official websites across many countries, including the U.S., the U.K., and Australia, were unwittingly drawn into a cryptocurrency-mining scheme that quietly hijacked the computers of people who visited those sites. The affected websites included those for the United States Courts, the U.K.’s National Health Service (NHS) and Information Commissioner’s Office (the British privacy regulator), and the Australian […]

    more
  • Regulation Of Cryptocurrency Boosts Markets

    by gulaiym

    China, India, Russia and the United States are all racing to regulate aspects of the cryptocurrency space. Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), and most others have fallen dramatically throughout January as a result. Cryptocurrencies are recovering as regulation starts to be viewed as an …

    more
  • Two Russians Arrested For Bitcoin Mining At Nuclear Research Facility

    by gulaiym

    Engineers at Russia's top nuclear research facility have reportedly been detained after they attempted to mine bitcoin on its computers. Several employees at Russia's nuclear centre in the city of Sarov have been detained after making “an attempt to use the work computing facilities for personal ends, …

    more