Probably the biggest challenge that bitcoin faces today is scalability. Currently, bitcoin users are being charged an average of over $30 per transaction and transactions can take several hours to confirm. This is a far cry from the days when it was possible to send bitcoin within minutes to anywhere in the world for a few cents. …
Ethereum has begun slowly climbing the charts and hit an all-time high today despite its many network issues. As per CoinMarketCap, the Ethereum-U.S. dollar (ETH/USD) exchange rate skyrocketed to a new record high of $1,412.87 at 05:14:09 UTC. At press time, the cryptocurrency is selling at $1,288.65 and is up 4.63 percent, in just 24…
Ripples XRP extends losses in Wednesday trade, driven by several negative reports. Ripple price dipped to the level of $1.72 in early trading on Wednesday, the coin regained momentum in the evening session and currently standing just above $2. The digital currency declined massively compared to the last week level when it hit the highest…
Bitcoin has posted losses for the third straight session in a row, while Ethereum and bitcoin cash gained further momentum in Wednesday trade. Several other cryptocurrencies are also declining, due to traders concerns over the future of digital currency. After strong gains in the last two days, Ethereum has gained close to 12.8% in Wednesday…
Dogecoin, the internet’s most popular (and perhaps only) for-fun cryptocurrency remains down by -14.60% as of 1:30PM CST today as part of a deflating start to the week. It follows a dizzying rise of 800% over the last month, making headline news as it became the first parody coin to break a $2 billion USD…
Photographers have long suffered since the age of digital photography emerged. With little protection, photographers’ work is often the victim of illegal usage and underpaid licensing. Eastman Kodak Company (NYSE:KODK) is developing a way to stop this. Kodak had once been “the” brand in photography, before the 90s when the company failed to keep up…
In mid-December 2017, the UK’s Financial Conduct Authority (FCA) published a really interesting 32-page paper on Distributed Ledger Technology (DLT). The timing wasn’t great as most of the City was out getting smashed at Christmas parties, so I thought it best to put it aside until the New Year hangovers were out of the way and share…
The majority of pundits strongly believe that blockchain technology could turn out to be a completely fresh infrastructural layer of the internet to put back traditional payment systems, thanks to the innovative design of the technology, which makes hard to commit fraud. Several big companies are following these changes in order to provide secure, safe…
Cryptocurrencies are plunging over the last two days, amid several negative reports. Excluding ethereum, the majority of other cryptocurrencies are declining. However, Ethereum generated significant growth in the last two days, allowing standing at the second place after the bitcoin based on a market capitalization. Ethereum prices increased for the second straight day to trade…
Last year, Jamie Dimon, who is the current CEO of JPMorgan Chase (NYSE:JPM), disclosed that he was not on board with the hype surrounding the cryptocurrency market, going as far as saying that he will fire any trader involved in trading digital currencies. However, all of that changed on Tuesday, January 9. What Happened? On…
