Month: August 2018

NVIDIA Pulls out of Cryptocurrency Mining Industry

The cryptocurrency mining industry has been experiencing major headwinds since digital currency prices tumbled this year. And now, GPU manufacturer, NVIDIA, has pulled out of the crypto mining industry altogether. According to its second-quarter report released on August 16, the company posted $3.12 billion in revenue with sales rising in lockstep for its Tegra and …

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Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins

The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins. Also Read: P2P Exchange Options Increasing for Crypto Traders in India HSBC and Barclays Freeze Accounts of 50cycles Scott Snaith, the owner of cryptocurrency mining electric bicycle …

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Exploring DAGs and Blockchain Scalability Issues with Constellation Labs

A major concern for blockchain is that, while functional, many blockchains could have trouble scaling to levels of massive user adoption. This becomes increasingly important when you take into account how small of a percentage of people are actually making use of blockchain-powered dApps compared to the massive amount of people needed to achieve some …

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$1.1 Million Landmark Crypto Fraud Case Establishes CFTC Jurisdiction

The US Commodities Futures Trading Commission (CFTC) helped bring a fraud case to court, hoping to both assist in its ultimate prosecution and establish precedent. The New York Eastern District Court decided in the CFTC’s favor, ending in a combined over $1.1 million decision in fines and restitution. It also established the regulator as having …

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The Siacoin (SC) Internet Cafe Hack and the Rising Popularity of Cryptojacking

Hacks can have a devastating impact on any cryptocurrency project. In June 2018, stories began to spread about a major hack that exploited internet cafe computers in order to mine Siacoin. While this marked an obvious setback for Siacoin (SC), it is crucial to understand the larger picture surrounding this incident. In this article, we’ll …

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PR: The New Era of Jewellery Pioneered By The Pure Diamond Blockchain Project

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The innovative Singaporean based Pure Diamond Blockchain Project is founded …

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Apple Co-Founder: Crypto World “Like the Internet When it was Brand New”

Steve Wozniak, co-founder of Apple along with Steve Jobs, recently announced his participation in a crypto startup. During the interview, Mr. Wozniak (Woz) also spoke about cryptocurrencies and why he is excited about their prospects for the future. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Apple’s Wozniak is Very Excited About Cryptocurrencies and …

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What is Karmacoin? (KARMA)

What is Karmacoin? Initiated on May 7, 2014, Karmacoin died as a project in 2015. Karmacoin (KARMA) represented the digital currency of Karmashares LLC, registered in the state of Wyoming. Karmashares proposed to create long term value for investors by developing a variety of products and services. In short, Karmashares intended to serve as something …

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