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IOTA founded in 2015, had crowdfunded 1300 bitcoins in that year itself and was considered as bitcoins biggest rival. In 2017, more than 30 companies have contributed to IOTA, including big giants like Cisco, Microsoft, Huawei, Samsung and Volkswagen. Since then IOTA had its own ups and downs, many people are still ambiguous seeing the…
With the cryptocurrency market deteriorating each passing day, it is becoming harder than ever for investors and cryptocurrency miners. Prices of every other crypto coin available in the market are only a fraction of what they used to be just a few weeks ago. So the question here arises is that is there any cryptocurrency…
Bitcoin has witnessed a great fall in its value in past few days, dropping below $6000 for the first time since the mid of November. Many U.S banks have turned down their cryptocurrency transactions on their credit cards. China, which was previously trying to minimize the cryptocurrency transactions, has now blocked crypto exchanges. Similar steps…
What is Unicef’s Game Changing scheme and how is it going to be beneficial? On February 2nd, Unicef launched a revolutionary project aiming to fulfill the monetary needs of the Syrian children. The project, known as “Game Chaingers”, uses cryptocurrency mining as a method to raise funds, hence coming up with the name ‘Chaingers’. And…
Agustin Carstens, general manager of the Bank for International Settlements (BIS), questions the efficiency of cryptocurrencies as he labels them as ‘a bubble, Ponzi scheme and an environmental disaster’. The cryptocurrency market has seen a drop of over $550 billion in just under a month, while the most popular of them all, the Bitcoin, has…
The market saw a major fall in the value of bitcoins recently which forced the U.S banks re-think on the way people used credit cards to buy cryptocurrencies like bitcoin and other major altcoins. Major banking and financial companies like the Bank of America, JPMorgan Chase and Co. and Citigroup have halted the purchase of…
Tron (TRX) is among the most talked about cryptocurrencies that uses blockchain technology and is ranked 13 by market capitalization of $2.9 billion at the time of writing. Why are we talking about this cryptocurrency today i.e. 5th January is that, its price declined from $0.26 with market capitalization of $17 billion to $0.03 What…