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Binance’s $5K WBTC Flash Crash: What’s Behind the Chaos?
Tokens

The Beginner-Friendly Cryptocurrency Investment Strategy

Emmanuel Darko

A lot of investors tend to think that investing in cryptocurrencies is a gamble, pretty much like placing a bet on an event. But as much as investments have their lows and highs, investing strategically can cushion you against some of the avoidable hurdles you are likely to face. Every day the internet breaks the news of people making it big investing in cryptocurrencies. This, to some extent, has been misunderstood by some people who imagine that cryptocurrency investment is a get-rich-quick kind of thing. These individuals further believe that all you have to do is to speculate well enough and, boom, cash starts trickling into your account. There is more to cryptos than simply predicting the prices of various assets. If you are going …

Mining

Is Bitcoin Mining Still Profitable in 2018?

admin

If you’ve read about Bitcoin, you would have also read about Bitcoin mining. Bitcoin mining is nothing but the process of creating Bitcoins from your computer. In this article, let us read about the meaning of bitcoin mining and if it is still profitable today. Bitcoin mining involves updation of the ledger of Bitcoin transactions, called the blockchain. A user requires extremely powerful computers to perform mining. As a part of the process, miners race against each other in order to guess a particular number. Earlier, there were several cryptocurrency adverts on Google, however, the same have now been banned making it difficult for miners to understand what they need to do when. The first miner to make a successful guess about the number ends up updating…

Mining

Online Payments and The Future is Here

admin

Technology has transformed enormously over the last decade, and one of the ways it has made life simpler is through online payments. Early on, we were compelled to perform the tedious job of going to a bank or an ATM to take out cash. This changed with the introduction of credit and debit cards. However, that sill involved physical presence at a location and limited the use based on some factors. With online payments, a significant alteration came about that resulted in a smooth operation conducted instantly without any hassle. Moreover, it incorporated previous payment methods seamlessly giving customers a wide range of options. The rise of internet usage and the overall security of personal information, online payments have altered the way we conduct our everyday lives…

Mining

Obelisk SC1 Slim Gen-2 SIA Miner – SCAM or Hidden GEM?

Ciprian V.

Obelisk, an ASIC manufacturer founded by SIA Storage, announced a new batch of SC1 Slim miners for sale. Here’s the catch. According to the official website, virtually nobody buys these units lately. Does that mean that the units are not worth it or are we about to find a hidden gem? Let’s find that out. Is Mining SIA a Good Idea? The first reason why people might not want to buy an ASIC is because the coin it is made to mine is dead. Could this apply to SIA? As for today, SIA is a coin with a $86,572,943 USD market cap and a $793,575 USD daily volume. While these past 12 months haven’t been too forgiving for the coin (it has been a pretty rough time for…

Mining

How to Mine Grin Cuckatoo31+ on Windows 7 / 10

Ciprian V.

Two of the biggest miner software for Grin, Bminer and Gminer, received an update few days ago. In this tutorial, we will walk through how to mine with Gminer and what benchmarks (as well as bugs) to expect. (Check this article if you wanna know more about Grin and why it might be a good idea to mine it) First, let me clarify something to avoid confusion. Grin can be mined by using few different algorithms. Cuckaroo29 is the official GPU-friendly ASIC-resistant algorithm and it will become less relevant as times goes by until be completely replaced by an ASIC-friendly algorithm in about 2 years from now. Cuckatoo31+ is the ASIC-friendly algorithm that will be relevant for few more months until being replaced…

Mining

Iran Accuses US of Looking to Thwart Its Bitcoin Mining Operations

Jose Antonio Lanz

Iran’s Assistant Minister of Industry, Trade and Supply, Saeed Zarandi, said that Trump’s administration is working to block bitcoin mining in the country, according to local news outlet Fars. After lobbying to get the country out of the SWIFT system, the U.S. now seems to have its eyes set on the recent interest of Iranian […] The post Iran Accuses US of Looking to Thwart Its Bitcoin Mining Operations appeared first on CCN Markets

Mining

Did This Bitcoin Mining Pool Just Try to Create Coins Out of Thin Air?

P. H. Madore

As if 2019 hasn’t been crazy enough, earlier today someone seemingly tried to counterfeit an entire Bitcoin block. Bitcoin had an invalid block at height 584,802, as spotted by @juscamarena All 8 nodes at https://t.co/WKQ8hPDGON identified the block as invalid: Bitcoin Core 0.18.0Bitcoin Core 0.17.1Bitcoin Core 0.16.2Bitcoin Core 0.10.3bcoinBitcoin Knots 0.14.2btcdLibbitcoin pic.twitter.com/p5WKJ5rO0t — BitMEX Research […] The post Did This Bitcoin Mining Pool Just Try to Create Coins Out of Thin Air? appeared first on CCN Markets

Mining

Are You Ready for the GRIN C29 Hardfork With Updated Mining Software

admin

Today is planned the first hardfork for the GRIN crypto currency and more specifically its Cuckaroo29 (C29) algorithm to the new Cuckarood29, the C31 algorithm remains unaffected by this hardfork. Grin is expected to hard fork at Block 262,080 which is estimated to happen at some point today (July 17th, 2019). All you have to do to be ready to continue mining GRIN after the hardfork is to update your miner to the latest version, most of the software supports autodetection of the algorithm switch and thus should continue working jst fine after the fork happens. The miners that have already released updates to support the new Cuckarood29 algorithm to be sued by Grin after the hard fork include: GMiner 1.51, NBMiner 24.1, lolMiner 0.8.5, nanominer 1.5.1 for AMD and or…

Mining

Get Ready for the BEAM Hard Fork Scheduled for August 15th (Block #321321)

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The BEAM Project is having a hard fork in about two days and you need to make sure that you are ready for it if you are mining it or are using a local wallet for BEAM. The BEAM Hard Fork is scheduled for block #321321 which should be reached sometime in August 15th and you need to mak sure your wallet is up to date as well as your miner. Make sure you get the latest BEAM wallet if you use a local wallet, if you rely on exchanges make sure they have updated their wallets after the fork before doing any transactions. The BEAM Hard Fork will also come with changes in the algorithm used for mining, the PoW algorithm will change from Beam Hash…

Mining

Uber’s "Crypto" Libra Support Could Be The End of The Giant

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By CCN Markets: There’s a lot of irony in Uber’s lack of crypto acceptance contrasted with its support of Facebook’s Libra project. The company will play a vital role in the early stages of the network, and presumably, it will be one of many vendors who accept the “crypto” out of the gate. Several companies have […] The post Uber's "Crypto" Libra Support Could Be The End of The Giant appeared first on CCN Markets The post Uber's "Crypto" Libra Support Could Be The End of The Giant appeared first on Belher Mining.

Alt Coins

Ripple Set To Benefit From MasterCard’s Acquisition of Nets

Dalmas Ngetich

Cory Johnson has posted on Twitter what looks like a significant Ripple advantage. Mastercard has purchased Nets, a Denmark based payments platform for $3.19 billion. The crypto influencer and former chief market strategist at Ripple wrote: “I know the XRP community is focused on the impact of Facebook’s Libra, but this Mastercard deal could be even more important to Ripple’s ecosystem. If nothing else, it’s validation that real-time payments is clearly the coming wave.” Mastercard Inc., the financial services corporation, is going to utilize Nets to help move its operations into the faster payments zone. The American multinational principally processes banks payments between merchants and card issuers. Nets is an electronic billing platform, with instant payment and clearing capabilities as well…

Alt Coins

Ripple (XRP) Price Meaningless, Deep Liquidity Matters

Dalmas Ngetich

Ripple (XRP) has been trading on a bearish bent barely rising above the $0.33 price range. Some XRP investors who have been eyeing some returns with its price are getting a tad frustrated. Toughened XRP holders are, however telling them that tokens price does not matter in the face of platform’s increasing liquidity. Eric Dadoun, for instance, writes:  “Very bullish seeing the liquidity impact of MoneyGram. Deep liquidity eventually enables real players (IE: banks). You can’t transfer meaningful fund sizes when the order books can’t support a fraction of it while remaining stable. XRP price is meaningless for now”. During MoneyGram’s Q2 2019 earnings call, CEO, Alex Holmes had a lot of praise for Ripple. Holmes touted the benefits of his company’s agreement…

Alt Coins

Dow Bounces 372 Points But Fed Paradox Haunts Wall Street

Francois Aure

Another day of risk-on trading launched the Dow Jones nearly 400 points higher on Thursday, as the US and China finally have a date to renew trade talks. Market bulls are betting that we have seen the worst of the trade war and are enjoying the resiliency of the US economy. Dow Roars Higher After […] The post Dow Bounces 372 Points But Fed Paradox Haunts Wall Street appeared first on CCN Markets

Alt Coins

Is the NSA’s ‘Quantum-Resistant Crypto’ for Nefarious Means?

Aaron Weaver

The U.S. National Security Agency (NSA) is going from crypto surveillance to crypto creation. According to Bloomberg reporter William Turton, the agency is developing “quantum-resistant crypto.” Anne Neuberger, Director of NSA’s new Cybersecurity Directorate says that the agency will propose hardware and software standards again. Also notes agency is working to build quantum resistant crypto. […] The post Is the NSA's 'Quantum-Resistant Crypto' for Nefarious Means? appeared first on CCN Markets

Alt Coins

Ethereum Developers Forge On Despite ETH Price Slump FUD

admin

When a crypto asset fails to perform in terms of price it rapidly gets a big dose of chagrin from mainstream media and those that have lost money trading it. Ethereum is currently the prime example as investors begin to sour despite ongoing developments to the technology.Ethereum Roadmap Still SolidA major part of the crypto angst directed at Ethereum stems from the delays in solving the scalability issues that have plagued the project as its user base has grown. In its current state the network is ill equipped to handle the load it is expected to in order to fulfill its destiny as a ‘global computer’.Granted, there have been setbacks to Ethereum’s mammoth scaling project which is expected to get off the ground within the …

Alt Coins

Ethereum market update: ETH/USD is eying these levels towards $300 – FXStreet

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Ethereum market update: ETH/USD is eying these levels towards $300 FXStreetEthereum price is still grappling with acute selling pressure. This is happening despite the shallow recovery from the recent support area at $162. Be.from “ethereum” – Google News https://www.fxstreet.com/cryptocurrencies/news/ethereum-market-update-eth-usd-is-eying-these-levels-towards-300-201909050245

Alt Coins

On Wave 1 and Devcon Ticketing

admin

By now, we hope you’ve heard the news: In just two days, on July 17, 2019, the first wave of general Devcon tickets will go online at 6:00am PT / 9:00am ET / 3:00pm CEST / 10:00pm JST. Today, we wanted to bring everyone a few details on the ticketing…