Bitcoin (BTC) Whales Breach: Crypto Market Tumult Ahead?

Bitcoin (BTC) Long-Term Holders Rise Are Rising From Their Slumber Like the ocean, whales rule the proverbial Bitcoin (BTC) sea. Cryptoโ€™s blue whales, who hold millions, if not billions of dollars worth of cryptocurrencies, can instantly change this nascent ecosystem, whether it be through issuing orders or moving large sums around, specificallyย to spark investor interest or even fear. A recent report from Bloomberg, which cited statistics from analytics provider/aggregator Flipside Crypto, revealed that whales have begun to act up, potentially indicating that chaos is set to ensueย in the coming months.…

What Crypto Winter? Blockchain Developers are Still Making a Killing

Blockchain developers are now earning more than they were six months ago, according to a survey-based report by Computer World. In the course of the last six months, the annual pay for blockchain developers in the highest bracket increased by over US$4,000, as per the survey which was conducted by management consulting firm Janco Associates. The median annual pay for blockchain developers is also considerably higher than that of other software developers at US$132,000. Experienced developers earn even more โ€“ US$176,000 โ€“ especially when they change employers. Top of the…

Ethereum Classicโ€™s 51 Percent Attack a Lesson For Altcoins

Ethereum Classicโ€™s 51 Percent Attack a Lesson For Altcoins January 12, 2019 by Paul de Havilland The now confirmed 51 percent attack on Ethereum Classic has put altcoins on notice. While reorg attacks are part and parcel of the risk of decentralized systems, a number of altcoin communities have taken steps to avoid such attacks on their digital assets. For others, the ETC attack should be a lesson for altcoins to secure their network before they suffer a similar fate. Also read:ย Next Up โ€“ Bitwise Bitcoin ETF Would Track BTC,…

Ethereum Classic’s 51 Percent Attack a Lesson For Altcoins

Ethereum Classicโ€™s 51 Percent Attack a Lesson For Altcoins January 12, 2019 by Paul de Havilland The now confirmed 51 percent attack on Ethereum Classic has put altcoins on notice. While reorg attacks are part and parcel of the risk of decentralized systems, a number of altcoin communities have taken steps to avoid such attacks on their digital assets. For others, the ETC attack should be a lesson for altcoins to secure their network before they suffer a similar fate. Also read:ย Next Up โ€“ Bitwise Bitcoin ETF Would Track BTC,…

After Crypto Giants Bitmain & ShapeShift Cut Staff, So Does Blockfolio

Although 2019 has dawned, the crypto โ€œnuclear winterโ€ of yesteryear has yet to entirely abate. Just weeks after Bitmain, ConsenSys, ShapeShift, Huobi, among other Bitcoin-related startups, cut a number of their staff, Blockfolio, which manages one of the most used applications in the industry, also had to wave goodbye to talent. Related Reading:ย Legendary Venture Capitalist: โ€œWeโ€™re Close to a Crypto Nuclear Winterโ€ Blockfolio Shrinks Team In October, Edward Moncada, the chief executive at crypto services provider Blockfolio, took to his companyโ€™s Medium to reveal that a number of financiers sent…

Did Google Blacklist Ethereum Ads? Companies Experience Issues

Earlier this week, an Ethereum startup in Serbia discovered that its advertisements on Google were not being shown in certain regions. As the company investigated the case further, it found out that the keyword โ€œEthereumโ€ has been completely banned on Google Ads and is not served to users on the platform. Why are Companies Having Trouble With Ethereum Google Ads? Throughout the past three days, the startup attempted to contact Google to receive clarification on the removal of Ethereum-related advertisements. On January 12, a representative of the startup said that…

US Presidential Candidate Tulsi Gabbard Bought Crypto at Height of Bull Market

US Congresswoman Tulsi Gabbard of Hawaii is running for president of the United States in 2020. In December 2017, Gabbard bought Litecoin and Ether at the height of the crypto bull market, according to federalย filings. โ€œI have decided to run and will be making a formal announcement within the next week,โ€ Gabbard tells CNN on Jan. 12 (see video below). โ€œThere are a lot of challenges that are facing the American peopleโ€ฆthat I want to help solve.โ€ Gabbard: US Must Stay out of Mideast Wars Gabbard says her main concern…

Crypto Tidbits: Possible Japan Bitcoin ETF, Ripple Achieves Milestone, Ethereum Classic Attack

Although the Bitcoin price stumbled, fundamental developments for the crypto industryโ€™s facets remained strong during the second week of 2019. New York opened a so-called โ€œBlockchain Center,โ€ purportedly funded by Microsoft, Ripple achieved a key milestone, and Bloomberg claims that Japanese regulators may green light a Bitcoin exchange-traded fund (ETF) in the future. Crypto Tidbits New York Opens Blockchain Center:ย In an evident pro-crypto move, the New York City Economic Development Corporation, a non-profit focused on bolstering the Big Appleโ€™s economy, and an array of partners have launched the so-called โ€œBlockchain…

Acquiring Crypto: Simple Steps to Buying Your First Bitcoin

Technology Thereโ€™s a good chance youโ€™ve talked to a friend about Bitcoin. Or maybe heard about this โ€œcrazy digital currencyโ€ in the news, but havenโ€™t tried to obtain any because you think it might be difficult. These days, acquiring cryptocurrency is actually very easy, with various avenues you can take to purchase your first coins. Also read:ย A Look at Some of the โ€˜Next Generationโ€™ Mining Rigs Available Today The Most Straightforward Methods to Buy Cryptocurrencies In the early days, acquiring bitcoins wasnโ€™t so easy and people jumped through all kinds…

Malaysian Government Reportedly Still Undecided on Whether to Legalize Crypto

The Malaysian government is reportedly still undecided whether to legalize cryptocurrencies, English-language local media New Straits Times reports on Jan. 12. When answering a query about whether digital currencies are currently legal or illegal, Khalid Abdul Samad, the Malaysian federal territories minister, reportedly said: โ€œAt the moment, the answer is neither legal nor illegal as the situation is still unclear.โ€ Samad also pointed out that while he was involved in the launch of Harapan Coin (HRP) โ€” a proposed political cryptocurrency โ€” he wasnโ€™t appointed as finance minister, noting that…