Cryptocurrency News Market

Lawsuit Targets Nvidia for ‘False Statements’ on Crypto Mining Revenue

A class action lawsuit has been filed against tech giant Nvidia, with the plaintiffs accusing the company of making misleading statements about how it can help mitigate the effects of the reduced demand from the cryptocurrency market. The suit was filed by the Schall Law Firm, who specializes in shareholder rights litigation and securities-related class

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Cryptocurrency News Market

Tron Cryptocurrency is ‘Just Garbage’: Stellar, Ripple Co-Founder Jed McCaleb

According to Stellar, Ripple, Mt. Gox, and e-Donkey co-founder Jed McCaleb, Tron is “just garbage.” McCaleb, who forked away from Ripple to create Stellar due to personal differences with the mission of Ripple’s corporate board at the time, also feels that the crypto market is doing well. He pointed out to Yahoo! Finance that it’s

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Bitcoin Cryptocurrency News Market

Breaking: Bakkt Raises $182 Million, What it Means for the State of Bitcoin Industry

Bakkt, a cryptocurrency exchange and liquidity provider created by the New York Stock Exchange’s parent company ICE has raised $182.5 million from a group of high profile investors and venture capital firms. On December 31, on New Year’s Eve, Bakkt CEO Kelly Loeffler announced that Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital, Goldfinch

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Altcoin Cryptocurrency News Market

Huobi to Launch EOS Exchange and Add EOS to Huobi DM

Huobi Pool will launch a dedicated EOS exchange early in 2019 allowing users to trade EOS against “a number” of yet to be revealed cryptocurrencies. The cryptocurrency mining arm of Huobi Group, Huobi Pool, is already an EOS supernode and works closely with EOS. Other collaborative projects include the Crypto Kylin Testnet, an EOS test

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Cryptocurrency News Market

US-China Trade Deal Moving Well, Could Stock Market Rebound in 2019?

The trade war between the United States and China has placed immense pressure on the stock market of both countries since mid-2018. With a new trade agreement in the works, China-U.S. relations are expected to improve in the months to come. U.S. President Donald Trump said on December 29 that a comprehensive trade deal is

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Bitcoin Price Looks South After Worst Daily Loss Since November
Cryptocurrency News Market

Op-Ed: Bitcoin Security — How Do We Arrive at Consensus?

If the title sounds confusing, that’s not surprising. I was trying to get creative and find a set of words that could express how I perceive most will react upon learning the theme of the article. For what I want to discuss with you guys today is a hotly debated topic. One that might shake the Read more…

Cryptocurrency News Ethereum Market

Vitalik Buterin Bashes Bitcoin SV and Calls it a ‘Dumpster Fire’

Vitalik Buterin, co-founder of Ethereum, made his disapproval of Bitcoin Cash ‘Satoshi’s Version’ (BSV) known, calling the new hard fork of Bitcoin Cash (BCH) a “pure dumpster fire.” Buterin’s comments were made in an online Twitter debate with cryptocurrency commentator and businessman Tuur Demeester on Christmas Day.

Cryptocurrency News Market

Bitcoin-Friendly Square Uses App and Algorithms to Issue Business Loans

Payments company Square is moving into new markets by issuing business loans and will soon move to consumer lending. Its data collecting and analyzing algorithms are deciding creditworthiness letting borrowers arrange their loans in a few taps. According to WSJ reporting, one Texan food truck owner accepted a loan offer within the Square app, then

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Cryptocurrency News Market

Bitmain: Chinese Media Reporting Jihan Wu and Micree Zhan to Step Down

The year is not ending on a good note for Bitmain. The Beijing-based bitcoin mining giant is possibly looking at the resignation of its CEOs Jihan Wu and Micree Zhan, according to Odaily, a Chinese media outlet. The company has not officially confirmed any of the media allegations yet. But sources inside the organization have revealed

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Cryptocurrency News Market Ripple

National Bank of Kuwait Taps Ripple for Blockchain Remittance Service

The National Bank of Kuwait has launched a product they’re calling “NBK Direct Remit,” a blockchain-based product which uses RippleNet for cross-border payments from within the Middle Eastern nation. The initial launch of the product only supports payments to nearby Jordan, but they intend to launch in at least 15 more countries soon. According to

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