NewsRoom Articles - Page 99 of 181

ThursdayJan 16, 2020 12:05 pm

Elon Musk Says “Bitcoin is Not My Safe Word”

It’s only been a decade since Bitcoin’s launch and several influencers from all walks of life and interests love to remark on Bitcoin and cryptocurrency one way or another. Warren Buffet has said on more than one occasion that Bitcoin is like tulips, referring to the tulip bubble that led to financial collapse in the 1600’s. Many prominent personalities including Elon Musk have commented on it as well. Elon, arguably one of the best-known and popular entrepreneurs commented on Bitcoin and Crypto Twitter lapped it up. Because of Elon’s popularity in tech communities and with entrepreneurs, his opinion has a…

WednesdayJan 15, 2020 11:36 am

The Death of HEX as Funds are Siphoned Out

It didn’t take rocket science to see that HEX was a scam. We’d written a few articles about it on Crypto, Trader, News. but now there seems to be proof positive that HEX is dead – or very nearly so. Let’s take a look at what’s going on. Etherscan tells no lies Looking at the Hex main wallet on Etherscan, outgoing transactions began on December 12, 2019, which didn’t raise a lot of concern as most project have operating costs that can be written off as normal. But there were no deposits after the December date and withdrawals hit a…

TuesdayJan 14, 2020 1:19 pm

How to Earn Bitcoin With the Lightning Network

Lightning Network is Bitcoin network’s long awaited solution to the scalability woes; a technological experiment that will add value to the Bitcoin ecosystem. The Lightning Network can be used for earning a small amount of Bitcoin. It is still in its beta stage and acts as a second-layer protocol that operates on top of the Bitcoin blockchain to enable off-chain, low-cost, high-speed bitcoin transactions through a network of bidirectional payment channels called Lightning channels. It is the Lightning Network’s purpose to take the pressure off the Bitcoin blockchain by processing transactions off-chain. According to statistics, there are currently over 10K…

MondayJan 13, 2020 12:08 pm

The Six Dragons Announces New Cryptocurrency Token & (Possible) Multiplayer Modes

The Six Dragons team has announced that it will offer a new cryptocurrency for players of the game. Players will use this cryptocurrency to craft items. The team has also mentioned initial plans to create multiplayer PvP and PvE modes. The Six Dragons has been one of the most anticipated blockchain games of 2019-2020. It began to attract attention early last year – when the team first announced that it would use Enjin Coin (ENJ) and Enjin Efinity. Early demo footage of The Six Dragons showed that it had great graphics, a compelling story, and a sophisticated crafting system. We…

MondayJan 13, 2020 12:03 pm

How to Safely Store Large Amounts of BTC

Where do whales store their Bitcoins? Of all Bitcoin wallets, less than one percent are active. This means that most of it is being stored in wallets around the world. Have you ever wondered how these wallets are kept safe? Are they offline or in paper wallets? In this article we’ll explore how to safely store big amounts of BTC. Just the way fiat currency is stored in a wallet, physical or digital cryptocurrencies are stored in mobile wallets, on desktop wallets or a paper wallet. Every wallet that holds cryptocurrencies holds a set of private keys that need to…

FridayJan 10, 2020 12:20 pm

Ledger: A Favorite Crypto Cold Storage Wallet

There are several cryptocurrency wallets in the market and one of the best ones is Ledger Nano S. I first used Ledger Nano S in June 2019. There are several hardware wallets out there, however, this one stands out from the rest as it supports a wide variety of cryptocurrencies. Coupled with high security and an easy to use interface it is the most preferred hardware wallet. Like other hardware wallets, Ledger has a robust security infrastructure, better than digital wallets. A hardware wallet allows you to send and receive Bitcoins from any computer, even one compromised with malware. The…

ThursdayJan 09, 2020 2:14 pm

The North American Bitcoin Conference Returns as ‘Halvening’ Hovers Over Market

With seismic changes due to shake the crypto market in the near future, taking the pulse of the industry is more important than ever, which is exactly what industry participants can do at The North American Bitcoin Conference (TNABC). Next week, on January 15-17, 2020, TNABC returns to the James L. Knight Center in downtown Miami. The conference, hosted by well-known event producer Keynote, is the seventh in a series of forums that have been promoting collaboration and community in the crypto space every year since 2014. The event’s richly packed agenda features a wide range of insightful discussion and…

ThursdayJan 09, 2020 12:40 pm

What is a DAICO?

Traditionally cryptocurrencies have raised funds through the ICO model, but thanks to a lot of scams and lost confidence in that form of crowdfunding, ICOs have become virtually obsolete. In fact, there have been several ICO scams; over 80% of the projects that never even built an MVP. The invested wealth was wiped from the market capitalization as projects failed to deliver anything beyond their whitepaper. Because of these scams and high-risk ventures, legitimate projects have had to adjust from an ICO model and replace it with STOs and eventually IEOs. Which leads us to DAICO. What is a DAICO?…

WednesdayJan 08, 2020 2:21 pm

The North American Bitcoin Conference Convenes at Crossroads of the Americas

Once again, Miami will be playing host to The North American Bitcoin Conference, as it returns to the city for the seventh consecutive year. Presented by Keynote, the annual North American Bitcoin Conference will take place next week, January 15-17, at the James L. Knight Center in downtown Miami. As in previous years, the event will feature a trailblazing group of exhibitors complemented by a series of onstage sessions delivered by influential figures in the space. Last remaining tickets for this event are available at www.BTCMiami.com/Tickets. Payment will be accepted in both fiat and cryptocurrency. A jam-packed agenda offers something…

WednesdayJan 08, 2020 11:57 am

Telegram vs SEC and Questions Surrounding the ICO Money

Uh-oh. Looks like the U.S. Securities and Exchange Commission (SEC) has got Telegram in their sights and they’re starting to ask questions about how Telegram spent their ICO money. Telegram, the Dubai-based messaging app company, raised a record-setting $1.7 billion from investors, the largest ICO after adding $850 million in February. The plan was to sell GRAM virtual coins with proceeds going to create a decentralized network for the app. To date, Telegram hasn’t shared details on what happened to the funds, which caught the SEC’s attention. In fact, the Securities and Exchange Commission filed a court order seeking to…