Crypto Rex

Cryptocurrency Solutions Helping the Pot Industry With its Growing Pains: What They Are, What They Could Do

Is Crypto Pot’s Banking and Supply Solution? Young and speculative markets are often ridden with specious investment opportunities, and no, crypto isn’t any different. With a proliferation of meme-tier currencies and shitcoins, there are more worthless than worthwhile projects to choose from.   Indeed, there are 1,400+ coins and more coming out by the day. …

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South Carolina Declares Cloud Mining Contracts to Be Securities

The Attorney General of South Carolina has served a cease and desist order on Genesis Mining. In documents filed before its Securities Commissioner, it has declared cloud mining contracts to be securities, in a move that could have repercussions beyond the confines of the Palmetto State. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce …

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Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32%

Traditional stock investors have just gotten another avenue for indirect exposure to the bitcoin market. A Nasdaq exchange listed former patent management company, Marathon, has changed its focus to ASIC mining and today started producing bitcoin. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Marathon Mining Marathon Patent Group bitcoin …

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Cryptocurrency Exchanges Are Making Millions from Just Listing Coins

Running a major cryptocurrency exchange is a lucrative business. Coinbase is reported to have made over $1 billion last year, and Binance is on course to pull in $850 million annually. While the bulk of these profits come from trading fees, they’re not the only revenue stream: exchanges are also pocketing millions from the fees …

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House Subcommittee Holds First Ever Hearing On Cryptocurrencies, ICOs

House Hosts Crypto Meeting for “Clarity” on Regulations The US House of Representatives finally gave ear to the emerging cryptocurrency market this Monday.  Mid-morning on March 14th, 2018, the Capital Markets, Securities, and Investments subcommittee held a testimony entitled “Examining Cryptocurrencies and ICO markets.” The hearing took place in the Rayburn House Office Building, featuring a …

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Thomson Reuters and Marketpsych Launch Bitcoin Sentiment Index

Thomson Reuters Corp has announced the launch of a gauge tracking the sentiment of cryptocurrency traders. The metric will track and examine discourse regarding bitcoin on hundreds of major social media websites and news outlets in order to estimate the majority sentiment of the bitcoin and cryptocurrency markets. Also Read: The Bitcoin Misery Index: Finding An …

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What is World Wi-Fi / WeToken (WT)? | Beginner’s Guide

How Does World Wi-Fi Work? World Wi-Fi is a blockchain project that’s tokenizing access to privately-owned wireless routers. The concept behind this project is simple. There are many private Wi-Fi networks (including many residential ones) that are unavailable for the public to access. Because of this, most of the available bandwidth typically goes to waste. …

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‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce

Over the past couple of years, there’s been a lot of discussions concerning the energy consumed by cryptocurrency mining. However, more recently mining operations have been using environmentally friendly methods and some of them are channeling the excess heat to do produce other goals. This week the co-founder of the trading platform Nakamoto X, Kamil …

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