A lot of big claims are made about cryptocurrency in general and Bitcoin in particular. It’s going to change the world, we’re told. The foundation of those big cryptocurrency claims has nothing to do with Bitcoin’s value — or the fact that it only exists in a digital form. It’s the future of money. It’s […]
Tag Archives: Cryptocurrency
Is Blockchain Winning or Losing? — 4 Stages of Blockchain Evolution
The hype over blockchain has picked up steam and enterprises rush to apply blockchain to their industry or even just add it to their initiatives of the year. Blockchain becAme a buzzword of 2018 and seems to be buzzing pretty well in 2019 so far, as well. The blockchain appears to be part of the […]
Transparency In The Cryptocurrency Ecosystem with James Giancotti
As the CEO of Oddup, James Giancotti looks at everything with a rating in mind. So, how does the man who rates startups for a living view the current state of cryptocurrency? It should come as no surprise that he looks at cryptocurrency like startups. “Ninety percent will fail and maybe 10% will get your […]
The Biggest Hacking Risk? Your Employees
If a blockchain can be hacked, no one is immune to the threat of cybercrime. And businesses are frequently exposed in unexpected ways.
When Will You Be Able to Use Cryptocurrency to Buy a Pack of Gum?
Is cryptocurrency the payment of the future? Or is it another fad that will fizzle out before it really gains traction? Crypto advocates may be frothing at the mouth to promote mass adoption, but without a serious rethinking, crypto is destined to remain a barter tool for only the truest believers. To become a viable alternative to […]
Stop Focusing on Cryptocurrencies Problems. Consider its Future.
While critics and proponents trade jabs, cryptocurrency continues its steady march forward. Individual cryptocurrency coins will remain volatile in 2019. The individual cryptocurrencies will remain volatile in 2019 and beyond, but the game-changing power of the technology as a whole can’t be denied. Sure, those trying to make a quick buck in a deregulated market might have […]
Can Blockchain and Cryptocurrencies Alone Save $2 Trillion in Preventing Cybercrime?
It’s hard not to view cryptocurrencies as the architect of the downfall in internet security. Quantifiable digital assets are now more common than ever online, and represent an increasingly attractive prospect for online fraudsters and hackers. Forbes has forecast that cybercrime costs could be set to top $2 trillion in 2019, and cryptocurrencies have played […]
The US Is at Risk of Becoming a Second-Tier Financial Hub If Regulators Don’t Embrace Crypto
Among fintech enthusiasts, cryptocurrency is often the life of the party — and regulation is the elephant in the room. For a while now, we’ve heard whispers about the need for crypto-specific regulations in the community, and after appointing the first-ever senior advisor for digital assets and innovation back in June, it’s clear the U.S. Securities and Exchange Commission […]
Crypto Feels Like the Wild West — But Really, Big Tech Holds the Puppet Strings
rtFor evidence of big tech’s evolution from AV club geeks to big guys on campus, look no further than the influence of companies like Amazon and Google. They’ve crept into every corner of contemporary life; they possess outsized amounts of power and exercise imperial control over the digital landscape — and it looks like taking […]
Crypto Micropayments: An Exciting Future of Blockchain Transactions
While cryptocurrencies have been a dominant force in newsrooms worldwide thanks in no small part to the meteoric rise of Bitcoin in recent years, blockchain has only just started to dominate the public consciousness. The cryptocurrency phenomenon may be in full swing, but we’re yet to see the decentralized digital currency successfully integrate practically with […]
How Can Cryptocurrency Change Retail Payments?
Cryptocurrency made a poor first impression with the public when it launched, thanks to an association with criminal activity and security loopholes that were not the fault of the blockchain technology on which it runs. Widespread application possibilities got lost among the sensationalism in the news, which included constant stories harping on the radical fluctuations in the value […]
Make Cryptocurrency More Usable With These Non-Crypto Tech Tweaks
Cryptocurrency is no doubt a buzzword to the average consumer, but these potential customers don’t have any idea where to begin the investing process or how to use digital currency. To gain a competitive edge, developers should prioritize the usability of their cryptocurrency apps in order to increase their customer base. Most cryptocurrency applications have sufficient […]
Businesses Broke Ground on Blockchain. What Can Civic Groups Learn?
At best, blockchain has been a trial-and-error technology. For every successful cryptocurrency, there are a dozen cases like Civil, which had to cancel its initial coin offering after failing to gain traction on a plan to use blockchain to verify user-submitted news content. Although 84 percent of global companies are dabbling in the decentralized ledger […]
Cryptocurrency Fraud Is the Exception, Not the Rule
Cryptocurrency and blockchain are revolutionary technologies, but being so far ahead of the curve comes with consequences. With few precedents to learn from and regulatory frameworks still in their infancy, the crypto space has attracted its share of shrewd opportunists whose scams — such as the infamous pump-and-dump schemes — have grabbed international headlines. Tech giants like Facebook and […]
What Will Cryptocurrency Be Like in 10 Years?
Investors, pundits, and enthusiasts can’t stop speculating about cryptocurrency, and more often than not, their predictions center on price. But simply musing over the market performance of a specific coin ignores the larger potential of cryptocurrency. This space is about more than price fluctuations — it’s a digital financial revolution that’s poised to transform the world. Cryptocurrency […]
Cryptojacking Malware: What It Is and How to Fix It
Cryptojacking is a cyberattack like no other. Attackers don’t steal your data or ransom off access to your network. Instead, they commandeer your hardware when you’re not looking and redline the processors to mine cryptocurrency. Since 2017, cryptojacking’s popularity has skyrocketed. Palo Alto Networks’ WildFire platform has identified roughly 470,000 unique types of cryptomining malware, not including […]
Most People Are Dead Wrong About Bitcoin and Criminals
It seems that these days, cryptocurrency can’t catch a break in the news cycle. In early April, the Securities and Exchange Commission urged a federal judge to freeze $27 million that was allegedly garnered through the illegal sale of shares in LongFin — a company whose stock shot from $5 to $142 after announcing it was acquiring […]
A Tale of Two Bubbles: Why Cryptocurrency Isn’t the Next Dot-Com
Economic bubbles aren’t new. From the tulip bubble of the 1630s, to the dot-com boom of the late 1990s, to the big-tech mania we’re seeing today, overvaluations happen — but not all bubbles pose the same risks or offer the same rewards. Every few years, it seems we’re warned of another looming “bubble” about to burst. Most […]
This Russian-designed token wants to tackle crypto-volatility
In this Blockchain era where technology promises to digitize virtually any type of assets, the emergence of gold-backed tokens comes as no surprise. The concept is not new, but we are now witnessing its first applications. One of these projects is propelled by Goldmint, a company with Russian roots now preparing for an ICO and the […]
Bitcoin Receives Nod From Financial Sector In Coinbase Funding Round
Traditional banks are investing in Bitcoin.