Cryptocurrency markets go their own way, we see bull and bear markets. But what matters is that the number of daily transactions for all cryptocurrencies is up year over year Bakkt is designed Bakkt is designed to enable consumers and institutions to seamlessly buy, sell, store and spend digital assets. Formed with the purpose of bringing trust, efficiency and commerce to digital assets, Bakkt seeks to develop open technology to connect existing market and merchant infrastructure to the blockchain. The Intercontinental Exchange earlier this month launched Bakkt, an open, seamless…
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Understanding How Gold Prices Are Determined
Understanding How Gold Prices Are Determined Paper currencies have come and gone through the ages but gold has always maintained its value. While cultures have cherished gold for its beauty and viewed it as a symbol of wealth, investors today buy gold to diversify their portfolios, as a hedge against inflation, and for protection against currency devaluation. Itās widely accepted that gold is a good investment, but less is known about how gold prices are determined and what affects the daily price of gold. Value of the U.S. Dollar The…
Read MoreThe History of the Dollar
The History of the Dollar From Thalers to Dollars The history of the dollar is a story involving many countries in different continents. The word dollar is much older than the American unit of currency. It is an Anglicised form of “thaler”, (pronounced taler, with a long “a”), the name given to coins first minted in 1519 from locally mined silver in Joachimsthal in Bohemia. (Today the town of Joachimsthal lies within the borders of the Czech republic and its Czech name is JĆ”chymov). Thaler is a shortened form of…
Read MoreBitcoin Declared Sharia Compliant, Opening Crypto Markets to Islamic Finance
Bitcoin Declared Sharia Compliant, Opening Crypto Markets to Islamic Finance āThe use of any lawful thing for an unlawful purpose can not make the thing itself unlawful.ā So concludes Indonesiaās Blossom finance, ending a debate in the Islamic world and perhaps even more widely. A couple of Sheiks had previously argued that bitcoin is not sharia compliant because it can be used by criminals, or, echoing general criticisms, because it is volatile, but Matthew J. Martin, CEO of Blossom Finance, says: āRulings by Islamic scholars that claim Bitcoin is not…
Read More$150,000 USD in Ethereum Stolen in MyEtherWallet Hack
$150,000 USD in Ethereum Stolen in MyEtherWallet Hack For two hours yesterday, April 24th, 2018, hackers diverted visitors of MyEtherWallet.com, accessing user accounts and stealing approximately 215 ether. MyEtherWallet warned users on Reddit and Twitter as soon as the hack was identified. But, this left a couple of hours where users of the wallet attempting to visit the MyEtherWallet.com website were redirected to a āspoofā or phishing site controlled by the hackers. The hack employed the ādecade-oldā technique of redirecting Domain Name Servers (DNS) rather than a hack to, or…
Read MoreNasdaq is open to becoming cryptocurrency exchange, CEO says
Nasdaq is open to becoming cryptocurrency exchange, CEO says – Once the regulation is smoothed out and the space “matures”, Nasdaq would consider becoming a digital currency exchange, the company’s CEO says. – “Certainly Nasdaq would consider becoming a crypto exchange over time,” Nasdaq CEO Adena Friedman says. – In the meantime, Nasdaq is supporting existing crypto exchanges, and announced a technology deal with Gemini Wednesday. Once the space matures, Nasdaq is open to becoming a platform for trading cryptocurrencies like bitcoin, according to the company’s CEO. “Certainly Nasdaq would…
Read MoreEarn Free Cryptocurrency
Claim Daily – Never miss a single day for bigger bonus Don’t register free coin markets / token sites with your personal or real wallet email and passwords. Use different email and password everytime. Earn Cryptocurrency Buying, mining or minting is not the only way to earn cryptocurrency these days. There is different earning programs out there that let you watch videos, play games, download apps, answer surveys and visit websites to earn many different kinds of cryptocurrencies. If your computer is to slow to mine your favorite cryptocurrency or…
Read MoreNew Yorkās attorney general is investigating bitcoin exchanges
New Yorkās attorney general is investigating bitcoin exchanges New York Attorney General Eric Schneiderman launched an investigation into bitcoin exchanges today, his office announced. Heās looking into thirteen major exchanges, including Coinbase, Gemini Trust, and Bitfinex, requesting information on their operations and what measures they have in place to protect consumers. āToo often, consumers donāt have the basic facts they need to assess the fairness, integrity, and security of these trading platforms,ā Schneiderman said in a statement. His office sent detailed questionnaires to the thirteen exchanges, asking them to disclose…
Read MoreBillionaire banking heir Matthew Mellon dies
Billionaire banking heir Matthew Mellon dies in rehab, aged 54 Matthew Mellon, the billionaire banking heir and cryptocurrency investor whose British ex-wife founded Jimmy Choo, has died at a drug rehabilitation centre in Mexico. The 54-year-old socialite was a descendant of two of America’s great banking dynasties and had faced a lengthy battle with drug addiction. Mr Mellon “died suddenly in Cancun, Mexico, where he was attending a drug rehabilitation facility”, family representative on Tuesday. The serial entrepreneur inherited $25āmillion (Ā£17āmillion) when he turned 21 ā the first of 14…
Read MoreMailChimp to Block ICO, Crypto Marketing
Email Service MailChimp to Block ICO, Crypto Marketing MailChimp said in a tweet that “cryptocurrency-related information isn’t necessarily prohibited,” provided the sender is not selling, trading, storing or marketing cryptocurrencies. Email distribution company MailChimp will bar marketing campaigns for cryptocurrencies and initial coin offerings starting next month. In an email sent to a MailChimp customer and obtained by CoinDesk, the company said that it will no longer allow its service to be used for crypto campaigns because they are “too frequently associated with scams, fraud, phishing, and potentially misleading business…
Read MoreStar of South Africa Diamond
Star of South Africa Diamond In the annals of history, certain gemstones transcend their physical beauty to become legendary symbols of wealth, power, and intrigue. Among these illustrious jewels, the Star of South Africa Diamond shines brightly, captivating the imagination with its rich history and extraordinary allure. Renowned as one of the most significant diamonds ever discovered, its journey from the depths of the Earth to the heights of human fascination is nothing short of remarkable. Diamonds have long held a fascination for humankind, symbolizing wealth, power, and beauty. But…
Read MoreBitcoin Mining Consuming More Electricity Than 159 Countries
Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa Bitcoinās ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not itās a bubble waiting to burst. However, most the coverage has missed out one of the more interesting and unintended consequences of this price increase. That is the surge in global electricity consumption used to āmineā more Bitcoins. According to Digiconomistās Bitcoin Energy Consumption Index, as of Monday November 20th, 2017 Bitcoinās…
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