Cryptocurrency

What is cryptocurrency?

What is cryptocurrency?   Bitcoin is a form of cryptocurrency  Cryptocurrency is a form of digital money that is designed to be secure and, in many cases, anonymous. It is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers. Cryptography was born out of the need for secure communication in the Second World War. It has evolved in the digital era with elements of…

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Why the feds took down one of Bitcoin’s largest exchanges

Why the feds took down one of Bitcoin’s largest exchanges Tracing Mt. Gox’s stolen coins led feds to Alexander Vinnik   This week, one of Bitcoin’s largest and most notorious coin exchanges was brought down by law enforcement — and police and prosecutors are now beginning to explain why. On Thursday, the Department of Justice unsealed an indictment against Alexander Vinnik — thought to be the operator, or one of the operators of Bitcoin exchange BTC-e — charging him with…

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Bitcoin Cash: Why It’s Forking the Blockchain And What That Means

Bitcoin Cash: Why It's Forking the Blockchain And What That Means   Bitcoin's scaling debate finally seems to be shaking out, but some users aren't happy with the results. After a few years of debate, it was perhaps to be expected that at least some were going to come away empty-handed. Controversial scaling proposal Segwit2x tried to remedy this by joining two code change ideas – the code optimization Segregated Witness (SegWit) and a block size increase. Today, SegWit is just…

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Components of a Magnetic Inbound Marketing Strategy

Components of a Magnetic Inbound Marketing Strategy Email marketing, SEO, content creation, social media, influencer outreach, lead nurturing… Yes, inbound marketing encompasses them all. And let’s face it – that’s enough to inspire fear in the steeliest and most seasoned of digital marketers. With so many tactics to consider and too many leads to deliver it’s easy to lose focus of what you’re trying to achieve. That’s where a well crafted plan comes into play. Below we’ll reveal the strategic…

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Malta Entrepreneur has Installed the Country’s First Cryptocurrency ATM

Malta Entrepreneur has Installed the Country’s First Cryptocurrency ATM A Malta entrepreneur has installed the country’s first cryptocurrency ATM. The installation has occurred just days after local media reported that a start-up had launched a crowdfunding campaign to finance the country’s first bitcoin ATM. The Cryptocurrency ATM Has Been Installed Days After a Crowdfunding Campaign Was Launched to Fund a Rival Terminal A local Malta entrepreneur, Gabriel Cretu Torica, has installed the country’s first cryptocurrency ATM. The terminal has been…

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Wall Street stunned over AMD’s blowout results due to cryptocurrency mining demand

Wall Street stunned over AMD’s blowout results due to cryptocurrency mining demand Wall Street is surprised over AMD's strong earnings and guidance due to digital currency mining demand for its graphics cards. AMD shares have rallied 102 percent through Tuesday in the previous 12 months compared with the S&P 500's 14 percent return. That performance ranks No. 4 in the entire S&P 500, according to FactSet. Investors are mesmerized with AMD's impressive second quarter as cryptocurrency mining demand drove the…

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Bitcoin Virus Has Infected 30 Of Russian Devices’: Putin Advisor

Bitcoin Virus ‘Has Infected 30% Of Russian Devices’: Putin Advisor   Russia’s chief presidential advisor on the Internet has stated a Bitcoin mining virus has infected up to 30 percent of Russian computers. Speaking in interviews with RNS and RBC, Herman Klimenko said that although infection rates varied by region and device, it involved at least 20 percent of machines. “In regions with lower bandwidth instances are reduced, but we’re looking at 20 to 30 percent of devices being infected…

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The crypto-currency craze

The crypto-currency craze   In the late 1990s, as investors woke up to the promise of the internet, shares in any company with dot.com after its name soared to giddy heights. Then the bubble burst. Now there are warnings of another technology investment bubble – this time related to the fascination with crypto-currencies such as Bitcoin. On the Tech Tent podcast this week, we examine the phenomenon of ICOs – Initial Coin Offerings – which have seen over $1bn raised…

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Bitcoin is booming because a split in the cryptocurrency has been narrowly averted

Bitcoin is booming because a split in the cryptocurrency has been narrowly averted   Bitcoin has risen as much as 28% over the past 24 hours, driven by news that an imminent split in the cryptocurrency has been narrowly averted. The price of bitcoin nearly hit $3,000 late on July 20, within spitting distance of its all-time high, set last month. The remarkable rally took place as bitcoin’s miners coalesced around one of several competing proposals that would increase the…

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3 reasons cryptocurrency prices are in free fall

3 reasons cryptocurrency prices are in free fall Whether it be Bitcoin or Ethereum, every cryptocurrency has suffered massive losses over the past several days. Prices have dropped to as low as 64 percent, bringing the entire cryptocurrency market cap down to $70 billion from $110 billion. Ethereum’s price has gone from $400 right down to $151 in about a month, leading investors to panic sell. On the other hand, Bitcoin, which dominates the cryptocurrency market is down about 36…

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