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Venezuela about to launch its 'petro' cryptocurrency The 'petro' cryptocurrency was announced by Maduro at the beginning of December as a way "to innovate toward new forms of international finance for the economic and social development of the country." Maduro explained that the purpose of the currency was "to advance the country's monetary ...
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DigixDAO (DGD): The True Value Based Cryptocurrency Not many knew much about DigixDAO (DGD) prior to February 2018. Not many expected the coin to appreciate when the likes of Bitcoin and Ethereum were going through price drops. Bitcoin and Ethereum went down by 20% and 15% respectively on February 2nd while DGD gained by over 50%.
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Bitcoin Burglars Hold People Up for Millions in Cryptocurrency In December, a man in New York City was kidnapped by a "friend" until he forked over a $1.8 million ransom in Ether, the second-most popular cryptocurrency. And last fall, a Turkish businessman was forced by an armed gang to give away his passwords to his digital wallets — with the thugs making off ...
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Cryptocurrency Insurance? Messaging App Line to Offer New Crypto-Coverage Line has plans to offer cryptocurrency insurance for companies worried about hackers stealing their digital assets. Details are thin on the ground but it is believed that the insurance scheme would come in with a whole range of crypto-orientated financial services that the Japanese messaging app ...
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Is cryptocurrency here to stay as an investment? Anyone who has followed Bitcoin's rollercoaster ride in the investment market knows about its volatility. But that's not stopping many people from rolling the digital dice, including many millennial investors. The cryptocurrency service continues to gain popularity. WBFO hit the streets to see what ...
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Crypto price prediction: Could Ripple, Bitcoin and Ethereum return to previous high? Thomas Glucksmann of GateCoin told CNBC: "Increasing regulatory recognition of cryptocurrency exchanges, the entrance of institutional capital and major technology developments will contribute to the market's rebound and push cryptocurrency prices to all new highs this year." He added bitcoin, the ...
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The Cryptocurrency Hedge Fund that Operates Out of a Dorm Room Trace Capital is not your average cryptocurrency hedge fund.
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Stablecoins: designing a price-stable cryptocurrency Stablecoins: designing a price-stable cryptocurrency. A useful currency should be a unit of account, a medium of exchange, and a store of value. Cryptocurrencies excel at the first two, but as a store of value, they're pretty bad. You cannot be an effective store of value if your price fluctuates by 20% on a ...
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