The Democratic People’s Republic of Korea has been largely cut off from the international community due to its position as a totalitarian socialist state. This has led to severe economic distress thanks to the twofold effect of a punishing international sanctions regime — and having almost no trading partners. Not surprisingly, North Korea has been…
Bitcoin (BTC) mining operations are becoming more and more popular. Only a few years ago, Bitcoin mining was taking place on a home computer. Nowadays, entire companies are being built around the idea. Enormous mining farms are being established and are filled with top-of-the-range processors and graphics cards to earn as many coins as possible.…
Ethereum (ETH) has continued to recover from the 47% pullback last week. The cryptocurrency’s market capitalization currently stands at US$104 billion, with US$2.7 billion traded over the past 24 hours. Transactions per day and block times have both decreased this week, and the pending transaction pool is essentially zero at this time. The popular cryptokitties…
The entire cryptocurrency market grew from $18 billion to just over $610 billion this year. The number one cryptocurrency, Bitcoin (BTC) grew over 1200% in the past year. Mid-year, Bitcoin was picked up by the mainstream media and everyone was trying to get their hands on it. It received both positive and negative feedback from top financial analysts;…
With new altcoins emerging every day, it is hard to keep up with the latest revolutionary trending project on the market. Populous (PPT) is among the top coins with the most growth today and is definitely worth considering for your crypto portfolio. POPULOUS (PPT) Populous is a peer-to-peer platform that uses blockchain technology to provide…
UK football team Arsenal has announced that it has partnered with new cryptocurrency CashBet Coin (CBC) in what is the first-ever deal of its kind. The premier-league football team is the sixth-wealthiest in the world, having reeled in revenues of $597.1 million USD equivalent in the 2016-17 season. In short, this is a big deal…
It has been well known that Nobel Prize-winning economist Joseph Stiglitz is not a big fan of bitcoin. At the World Economic Forum annual meeting taking place this week in Davos, Switzerland, he told Bloomberg reporters that bitcoin serves no function other than being useful in illicit activities such as money laundering and tax evasion.…
Those who follow the music industry know that Curtis Jackson — better known by his stage name 50 Cent — was at one time considered one of the most successful and wealthy rappers on the planet. But little do we know is that some of his vast wealth (despite controversies surrounding his bankruptcy filing in…
Stellar (XLM), NEO (NEO), and Cardano (ADA) are all on the rise this morning. Stellar Source: CoinMarketCap Stellar has been on a run since yesterday. The coin is up almost 35%, in just 48 hours. The online payment company Stripe just announced that it may add support for Stellar. Just yesterday, the company announced that…
U.S. Securities and Exchange Commission chairman Jay Clayton has once again expressed his concern with the attitudes and approach taken by many in the legal profession when advising ICO clients. Giving the opening address at the annual Securities Regulation Institute conference in Washington, Clayton said; “My first message is simple and a bit stern. Market…
