Tag Archives for " Impact "

UK MPs Urge Regulation for ‘Wild West’ Crypto Industry

The UK Treasury Committee published a report on crypto-assets for its Digital Currencies inquiry. In the report, they seem keen on pushing a ‘Wild West’ analogy. Time Flies… The Digital Currencies inquiry was launched in February of this year, with a remit to “cover the role of digital currencies in the UK.” This includes the opportunities and […]

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Washington Mining Enclave to Be Hit with Increased Power Costs

Low energy prices from the local hydroelectric plant attracted many cryptocurrency miners to Grant County, Washington. But it seems like the gravy train may soon hit the buffers as authorities announced a series of price hikes. Evolving Industries International Business Times reports that a late-August meeting saw the Grant County Public Utility District (PUD) vote-in […]

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Stablecoins: Scam or Cryptocurrency Volatility Safehaven?

Nick Chong · April 4, 2018 · 5:00 am Stablecoins, cryptocurrencies pegged to external values outside of the cryptocurrency market, have been all the talk lately, especially in the recent market pullback. Tether, the biggest stablecoin pegged to the US dollar, has recently come under fire due to a lack of transparency. Let’s face it, […]

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Zhao Dong Recounts How He Lost 9,000 BTC

Markets and Prices Famed Chinese OTC bitcoin trader, Zhao Dong, recently shared the story of how he first entered the bitcoin markets, the losses he incurred, and his views on speculation in the cryptocurrency markets. Also Read: Snowden on Bitcoin: Blasts Public Ledger and Core Developers Zhao Dong’s Rocky Start in the Cryptocurrency Markets Zhao Dong, […]

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This Tiny Altcoin Proves There’s Light at the End of the Crypto Tunnel!

Bitcoinist.net · March 18, 2018 · 3:00 am The bullish cryptocurrency year of 2017 has attracted a vast range of worldwide projects and attention. Now that this industry has a $300+ Billion market capitalization, there’s one question growing larger with economists and tech watchers: What is the real economic value of these Blockchain startups and […]

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Google Bans Cryptocurrency Ads, But Bitcoin Not Affected

Allen Scott · March 14, 2018 · 4:15 am Following in the footsteps of Facebook, Google has announced it will ban cryptocurrency and initial coin offering (ICO) promotional material from its ad platform. Google Cracks Down on Sketchy ICOs & Crypto Ads Alphabet Inc.’s Google explained the new policy will go into effect in June […]

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Is GPU-Based Cryptocurrency Mining at Risk of Extinction?

Nick Chong · March 14, 2018 · 4:00 pm The arrival of newly created ASICs and a large decrease in mining profitability has had an impact on the GPU mining market. Nvidia expects the demand for graphics cards to decrease over the course of this year as a result. What could this mean for the […]

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