カテゴリー: Altcoins

Crypto-Flashbacks: How the Media Pumped the ICO Known as Paycoin

Crypto-Flashbacks: How the Media Pumped the ICO Known as PaycoinJust recently Josh Garza was sentenced to 21 months of prison and six months of home confinement for his role in the many Ponzi scams like Gaw Miners, Zen Miners, Hashlets, and of course the controversial Paycoin that appeared in 2014. Back then lots of people were scammed by Garza’s schemes but he had a […]

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Bitpay CCO Holds Pessimistic Outlook for Altcoins

Bitpay CCO Holds Pessimistic Outlook for AltcoinsIn a recent interview, Sonny Singh, the chief commercial officer (CCO) of Bitpay, Inc, shared his outlook for the cryptocurrencies, emphasizing his optimism for the bitcoin markets, whilst also espousing a grim outlook for altcoins. Also Read: Bittrex to Launch Crypto Exchange in Malta Next Month “Big Entrants” Coming to Crypto Next Year – Sonny Singh […]

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Chinese Report Finds 9 in 10 Altcoins to Have Stolen 80% of Their Code

Chinese Report Finds 9 in 10 Altcoins to Have Stolen 80% of Their CodeA report published by Chinese media has alleged that more than 80% of alternative cryptocurrencies are comprised of “plagiarizing code.” The report analyzed 488 different cryptocurrencies, finding that the code underpinning more than 90% of the projects shared a similarity score of at least 80%. Also Read: IMF Pressures Marshall Islands to Drop National Crypto 4 […]

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The Altcoin Correction Index Gives an Alternative View of Crypto Assets

The Altcoin Correction Index Gives an Alternative View of Crypto AssetsAnalysts are always seeking new ways to assess cryptocurrencies. Different metrics provide insights that can be used to gauge various trends, such as estimating when a particular asset has bottomed out and is due to rise. The Altcoin Correction Index provides an unvarnished snapshot of this year’s worst performing cryptos. Also read: Blockchain, Reloaded: How the […]

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Venezuela’s Cryptocurrency Petro Has No Users, No Investors and No Oil to Back It Up

Reuters: Venezuela’s Petro Has No Users, No Investors and No Oil to Back It UpThe petro has stirred up a lot of debate among the cryptocurrency community. Some believe it is a successful example of using the technology to create resource-backed assets and bypassing financial sanctions. Others see it as a scam by a corrupt government that already inflicted economic calamities such as hyperinflation against its own citizens. A […]

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A Complete A-Z of Stablecoins

A Complete A-Z of StablecoinsStablecoins have proliferated this year, so much so that it’s been hard to keep track of them all. In a bid to remedy that, news.Bitcoin.com has compiled a list of all stablecoins that are currently tradable – plus several others that are on their way. This is the ultimate A-Z of stablecoins. For now, at […]

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Venezuela Loves Dash: Altcoin Surges 30% on Adoption Push

Venezuela Loves Dash: Altcoin Surges 30% on Adoption PushNews dominating the current cycle is all about bitcoin core (BTC) skipping above the psychological $7,000 price point. However, quietly, determinedly, the altcoin Dash has been besting all comers. It is up double digits in recent days, thanks in part to its proponents’ dogged hustle and commitment to emerging economies such as Venezuela. Also read: […]

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Dash Is in Trouble

Dash is in Trouble2018 hasn’t been kind to cryptocurrencies, with every major asset except for BNB recording a loss for the year to date. Dash has been particularly hard hit, slipping from 7th to 14th by market cap, and down 92% from its all-time high. A growing schism, culminating in a motion to replace Dash CEO Ryan Taylor, […]

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Liechtenstein Bank to Launch Its Own Cryptocurrency Backed by the Swiss Franc

Union Bank AG, a bank in Liechtenstein that offers corporate banking services mainly to companies based in Germany, Switzerland, Austria and the Middle East, has announced that it will be launching its own security tokens in alignment with Liechtenstein’s regulatory authority, FMA, and subsequently its cryptocurrency, “Union Bank payment coin,” which is fully backed by […]

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Ripple Believes Its Cryptocurrency is More Decentralized Than Bitcoin

Ripple Believes its Cryptocurrency is More Decentralized Than BitcoinRipple Labs, Inc is big on decentralization right now. Stung by criticism that XRP is a centralized currency, and the very real risk that an ongoing lawsuit could see it ruled a security, Ripple has been on the offensive. Its latest effort to disambiguate Ripple the company and ripple the coin has seen Chief Technology […]

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