Category: Journal

Facebook is banning all ads for bitcoin, cryptocurrencies, and ICOs

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facebook banned cryptocurrency

Facebook is banning all ads for bitcoin, cryptocurrencies, and ICOs – Facebook is banning all ads related to cryptocurrencies, from ICOs to bitcoin. – The social network says the ban, which includes both Facebook and Instagram, is to crack down on scams. – Cryptocurrencies are “frequently associated with misleading or deceptive practices,” it said. Cryptocurrencies are a Wild West of sorts — and Facebook has had enough. The social network is banning all ads related to bitcoin, cryptocurrencies, and ICOs, it announced on Tuesday, as it attempts to crack down…

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50 Cent becomes accidental Bitcoin millionaire

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50cent, bitcoin

50 Cent becomes accidental Bitcoin millionaire 50 Cent took a chance on bitcoin years before anyone knew what cryptocurrency even was … and it’s paid off more than 7 million times over. Rewind to 2014 and 50’s album, “Animal Ambition,” when the rapper became the first to accept bitcoin — which was then valued at around $662/bitcoin — as payment for his work. We’re told customers could get a copy of the album for just a fraction of a whole bitcoin. Our sources say “Animal Ambition” pulled in about 700…

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What is a crypto airdrop?

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airdrop

What is a crypto airdrop? A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distribute​s ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community. To​ ​be​ ​a​ ​recipient​ ​of​ ​an​ crypto ​airdrop often​ ​the​ ​only​ ​requirement​ ​is​ ​that​ ​you​ ​have​ ​coins from the relevant blockchain stored​ ​in​ ​your​ ​wallet. Examples of this format of airdrops are Byteball, Stellar lumens and OmiseGo. These airdrops required you to proof you were the owner of Bitcoins or Ethereums at a certain time ( snapshot) of the blockchain. The​ ​format​ ​of​ ​these​ crypto ​giveaways​ ​is​ ​usually​…

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Cryptocoin Mining

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crypto mining

What is mining? Mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions (and a “mining rig” is a colloquial metaphor for a single computer system that performs the necessary computations for “mining”). This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have…

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Ripple passes Ethereum

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valuable crypto currencies

Ripple passes Ethereum to become the second-most valuable cryptocurrency The cryptocurrency Ripple surged on the final Friday of 2017, reaching a market cap of more than $86 billion, CNBC reports. Ripple, which is officially known as XRP, saw its value rise by 55.9 percent. At its peak, the currency was valued at $2.23 a coin. Since then, it has fallen to $2.17, but it is still the second most valuable cryptocurrency in terms of market cap, according to Coinmarketcap.com. Ethereum is currently the world’s third-largest cryptocurrency in terms of market…

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The World’s Billionaires 2017

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The World's Billionaires

The World’s Billionaires The World’s Billionaires is an annual ranking by documented net worth of the world’s wealthiest billionaires compiled and published in March annually by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented…

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Most Common Passwords of 2017

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password 123456

Most Common Passwords of 2017 SplashData has published its annual list of the worst passwords of the year and with a quick glance one thing is clear: we never learn. Oh, and there are a lot Star Wars fans out there. The list is created using data from more than five million passwords that were leaked by hackers in 2017. As SplashData notes, the past two years have been particularly devastating for data security, with a number of well-publicized hacks (Equifax, Dropbox, and the SEC to name a few), attacks,…

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Top 15 Most Expensive Currencies of the World – December 2017

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Expensive Currencies

Top 15 Most Expensive Currencies of the World – December 2017 When you hear the phrase Top 15 Most Expensive Currencies of the world, the first currency that comes to your mind is US Dollar. But US Dollar or Euro or GBP are no longer among the Top 15 Most Expensive Currencies of the world. Let us find out which is the most expensive currency in the world. And you will be surprised to note: most of the currencies in this list are not of Western Business powerhouses but relatively…

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