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David Marcus, the star executive who was leading the Messenger group at Facebook has recently moved out to form a new blockchain group. The blockchain group under his supervision is rumored to build a platform and a cryptocurrency from scratch which will allow Facebook marketplace users to instantly pay for the good bought. While…
Getting started with dApps The Blockchain technology, since its inception, has revolutionised the digital world with many new concepts coming to the fore. One such concept is the Ethereum Decentralized Applications, or Dapps. Blockchain has multiple emerging real-world applications – Dapps provide a way to apply the technology and realize its full potential. Let’s learn…
Bitmain, one of the largest Bitcoin miner and hardware manufacturer has made around an estimated $4 billion in operating profits. The price of Bitcoin and other Cryptocurrencies have increased exponentially in the last year creating a great demand for GPU’S and ASIC based hardware miners. To have a comparison in terms of revenues, big companies…
As the cryptocurrency mania doesn’t seem to have an end, the United States lawmakers from both the House of Congress and the Senate in rare bipartisanship are coming together to recommend more federal oversight on cryptocurrencies. The Senate Banking Committee has already conducted a recent hearing with the heads of the SEC and CFTC and enquired…
Hedge Funds love profits and double-digit returns on investment. While there are hundreds of hedge funds which does algorithmic trading on stocks and other financial instruments, cryptocurrency hedge funds are a new thing and they are growing at a really faster rate. The volatility is being observed as the most important reason for the increased number of…
JP Morgan, the largest bank in the United States, famously went from saying “Bitcoin is a dead or bubble” to “Here’s what you should look forward to Bitcoin” in less than a year. All the sceptics and their second cousins have started looking at cryptocurrencies more closely, largely because of the enormous price increase in…
Hundreds of theories have been used to kill Bitcoin and write it off as non-viable technology, the latest among them is the energy consumption. The bitcoin non-believers have come up with a new argument that the energy consumed to do bitcoin mining is too much for it to viable in the longer term as it…
The Cryptocurrency markets has been experiencing a very bear cycle with almost all the Cryptocurrencies in the red zone. Millions of new investors who joined the bandwagon in December and January have lost anywhere from 10% to 50% . To avoid turning this into a Debt crisis with investors purchasing falling Cryptocurrency prices, two of…
Robinhood, the infamous stock trading app which revolutionized how people, more specifically millineals buy stocks has entered the Cryptocurrency space. Introducing Robinhood Crypto. Invest in Bitcoin and other cryptocurrencies commission-free on the Robinhood platform, 24/7. #DontSleep. Get early access https://t.co/28TamoX4rO pic.twitter.com/MiQ9xnsoaq — Robinhood (@RobinhoodApp) January 25, 2018 What’s interesting is that they kept the landing…
Ethereum Mining A lot has been said about the Ethereum technology and how it works, but are you curious to know how to become a miner of ether. Mining sounds like a Stone age term but what it has to do in this Digital Age? No, we are not digging up earth to mine gold…