Month: April 2019

Why Binance Coin Has Been the Best Performing Crypto of 2019

Since the start of 2019, Binance Coin (BNB) has led the cryptocurrency pack, growing over 200 percent in three short months. It has demolished the performance of Bitcoin (38.9%), Ethereum (30.7%), Litecoin (187.8%), and almost every other cryptocurrency so far this year. The native coin of the world’s largest crypto exchange is back to its …

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How Ambiguous Regulations Complicate Crypto Taxation

From America to the United Kingdom and from Russia to Australia, cryptocurrency taxation in major bitcoin strongholds is complicated. Contradictory or non-existent laws, excessive red tape, and maddeningly vague guidelines have conspired to make the tax-paying process more arduous than it need be. Now, a number of advocates are pushing for simplified crypto tax guidelines. …

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Blockchain Security Issues and Legislative Challenges

Blockchain developers confront a wide array of security challenges. They must also adhere to emerging blockchain regulation established by government legislation. Let’s examine a few of the challenges that need to be addressed in 2019 and beyond. Security Challenges Protocol Backdoors/ Rogue Developers One uncommon yet highly concerning issue with blockchains is the possibility of …

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Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

During the first week of April, news.Bitcoin.com reported on a large swarm of darknet market (DNM) users flocking from Dream to the Wall Street marketplace. However, the migration hasn’t been as successful as it may have first seemed, with some vendors alleging that Wall Street has pulled an exit scam and ran off with $30 …

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Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter

Over the last few weeks, bitcoin cash (BCH) and the network itself have been shining brightly after a year of bearish sentiment and the blockchain split last November. Most notably, this month BCH has shown a significant increase in daily transactions, the price has doubled, and today the network has produced the second highest value …

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Bitcoin Mining Energy Usage: The Good, the Bad and the Future

Concerns over bitcoin mining’s energy usage continue to raise alarm bells globally. Within the last year a combination of factors, including better hardware, more miners, and larger mining farms, have pushed Bitcoin’s electricity consumption to new heights. Now, Bitcoin enthusiasts from around the globe seek a more sustainable solution to the current power usage woes. …

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