Crypto on the daily
The Litecoin Foundation announced that LitePay has shut down all operations related to the project in preparation to sell the company. The Announcement In an announcement posted yesterday, which The Litecoin Foundation addressed to the entire Litecoin community, they stated that they regrettably had to announce the closure of LitePay. They go on to say that Continue Reading
While Russia has not endorsed cryptocurrencies as yet, an endorsement by President Vladimir Putin for blockchain technology to be used by Russia to advance the country has put blockchain legislation on the forefront of lawmakers. According to TASS, a Russian news agency, an outline for the legislation could be ready in the next few months. Continue Reading
Hardware wallets are a great protection for your cryptocurrency assets, however there are many points of failure with the additional attack vector of the hardware wallet itself. A good alternative or backup resource to follow hardware wallets is a paper wallet. A paper wallet is a wallet that goes back down to the bare roots Continue Reading
Monero prices are rocketing up in anticipation of the upcoming hard fork which will split Monero into a new currency, MoneroV. Why is the price increasing? In the space of just one week, Monero prices have increased from $271 to its current price of $365. This is a common occurrence in the crypto space and Continue Reading
Around 600 miners used to mine Bitcoin and other cryptocurrencies have been stolen from various data centers in Iceland. The Icelandic police are stating that it is the largest group of linked thefts that have ever occurred in the nation. So far eleven people have been arrested, one being a security guard. of the eleven, a Continue Reading
Centralization Problems for Ethereum Ethereum is the technology behind the Internet 3.0, an internet of value where value can be exchanged as quickly as information online. It’s accolades are many, but is it too centralized? While most cryptocurrencies are still in the speculative and theoretical stages, Ethereum is already running hundreds of functional use cases Continue Reading
One of the most important retail corporations in the world, has filled a patent that seeks to utilize blockchain technology in order to create a smart package delivery system. The information was released by the U.S. Patent and Trademark Office (USPTO) the last Thursday. Walmart Works with Blockchain Technology The application released informs what a Continue Reading
What is Monaco Card (MCO)? Monaco Card is a Visa-branded debit card that draws from a cryptocurrency-funded bank account. Since it’s a Visa card, you can use your Monaco card just like you would any other card. The card and Monaco bank account are free for holders of cryptocurrency. In order to open an account, you simply sign Continue Reading
One of the most important concerns about cryptocurrency mining activities is that they are very power consuming. Indeed, most of the crypto mining farms located in several countries are taking important resources previously used to power industries or cities. Additionally, this activity consumes more energy than many countries around the world. As of January, the Continue Reading