Ethereum as a Security, ICO Market Reopening in South Korea and Rat Poison: Hodler’s Digest, Apr 30-May 6

Top Stories this week Ethereum—Security Or Not? In what could be some earth shattering news for Ethereum – the world’s second largest cryptocurrency – US regulators will apparently be discussing whether or not it should be classified as security next week on May 7. If yes—it should have registered with the SEC back in 2014. South Korea ConsidersContinue reading “Ethereum as a Security, ICO Market Reopening in South Korea and Rat Poison: Hodler’s Digest, Apr 30-May 6”

CoinMarketCap Quietly Removes BCH-Promoting From Its BTC Page

Major Cryptocurrency price tracking site CoinMarketCap (CMC) has removed the website from its Bitcoin (BTC) page as of today, May 6. Though there was no official announcement from CMC, the price tracker removed as BTC’s secondary website evidently in the wake of recent allegations that was misleading customers into buying Bitcoin Cash (BCH) instead of Bitcoin. According to the Internet Archive Wayback Machine,Continue reading “CoinMarketCap Quietly Removes BCH-Promoting From Its BTC Page”

Payments Company Square Unveils Low Returns From Bitcoin Business Last Quarter

US payments processing company Square recently reported low profits from Bitcoin (BTC) trading in its Cash App last quarter, according to an article by Fortune Wednesday, May 2. According to Square’s earnings report, Bitcoin-related business generated about 5 percent of overall revenue, amounting to $34.1 mln. However, the amount of profit from Bitcoin barely covered the funds spent to acquire it in the first place.Continue reading “Payments Company Square Unveils Low Returns From Bitcoin Business Last Quarter”

Ethereum Breaks Major Resistance Above $700 – What’s Next?

Ethereum is back to the centre of attention today following a major technical breakout above the 700 mark. This move comes after a week of stagnating Ethereum prices and serves as the much-anticipated confirmation for the long-term potential of the world’s second most valuable blockchain. Bitcoin might be the king of the crypto world, butContinue reading “Ethereum Breaks Major Resistance Above $700 – What’s Next?”

The Three Layers Of Cryptocurrency Security

The cryptocurrency marathon started in 2009 from the initial release of Bitcoin — the first decentralized cryptocurrency. By definition, a decentralized system operates with no servers and each participant is allowed execute transactions. In the case of the blockchain, each participant also has to perform some system tasks like storing transactional data. A group ofContinue reading “The Three Layers Of Cryptocurrency Security”