Crypto Rex

The Wealthy Want Crypto but Don’t Understand It, Survey Shows

The world’s richest people are putting more and more money into cryptocurrency, despite the fact they don’t understand it very well, a new report reveals. Terms like “distributed ledger” and “blockchain” are not especially familiar to the wealthy, according to their advisers. The widespread misunderstanding about the technology behind bitcoin seems to have little or …

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Domains Running Cryptocurrency Mining Scripts Surge 725 Percent

The number of domains with cryptocurrency mining scripts installed has skyrocketed 725 percent in four months, according to a security firm’s research. Approximately 2.7 million users were attacked by malicious crypto miners last year, with the most successful cybercriminals earning millions of dollars. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Domains …

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“Blockchain is the real deal”: JP Morgan Unveils Report on Crypto’s Economic Advantages

JP Morgan Looks to Crypto’s Future with Optimism In a recent report entitled “Unlocking Economic Advantage with Blockchain: A guide for asset managers,” JP Morgan makes the case for blockchain’s use in legacy business and asset management, which includes the bank’s take on blockchain’s adoption timeline. “There is a growing realization that distributed ledger technology …

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What is Streamr DATAcoin? Beginner’s Guide

What is Streamr DATAcoin? Streamr DATAcoin is an off-chain network focused on data monetization and exchange.  As an off-chain component, Streamr’s system will work alongside blockchains–at this point, it’s built on and for Ethereum. It will utilize smart contracts to allow machines and individuals to trade data across its network. Essentially, the network will facilitate a …

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The Curious Case of ‘Cobra Bitcoin’: The Peculiar Anon with a Lot of Power

The controversial owner of the web portal Bitcoin.org and Bitcointalk, an anon named ‘Cobra Bitcoin’, has been a popular subject within the cryptocurrency community lately. It’s strange that a person who nobody really knows has so much control within the BTC community, and lately his messages have been very cryptic, even making some believe his …

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Coinbase Poised to Launch its Own Crytpocurrency Index Fund

The Coinbase Index Fund Coinbase announced this Tuesday that it is spearheading its own cryptocurrency index fund.  The San Francisco-based company has become one of–if not the most–popular site to buy Bitcoin and other top cryptocurrencies for fiat currency. Now, they’ll be offering customers what amounts to the Dow Jones or the S&P 500 of …

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Grayscale Launches Crypto Investment Trusts for BCH, ETH, XRP, and LTC

Grayscale Investments has announced the launch of four new single-asset cryptocurrency investment trusts for bitcoin cash, ether, litecoin, and ripple. The company already manages three other single-asset crypto trusts for bitcoin, ethereum classic, and zcash, in addition to a recently-launched crypto large-cap fund. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Grayscale’s …

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How to Create Custom Bitcoin Cash Addresses With Vanitygen

Earlier this week the creators of cashaddress.github.io announced the stable release of ‘Vanitygen Cash,’ a vanity-themed BCH address maker. Vanitygen Cash is a fork of the original Vanitygen protocol originally designed for BTC but here it has been created for the Bitcoin Cash network. Also read: Highly Organized Crime Blamed for $2mil Bitcoin Mining Burglaries Vanity …

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