Coin Central
A Light at the End of the Tunnel It looks like our darkest days may be behind us, folks. This week, we’ve got green as far as the eye can see as the market looks to be changing its tune. The overall market grew from just under $199 billion to over $225 billion in the […]
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We Get Knocked Down but We Get up Again You’re never gonna keep us down. After a disappointing start to the week, the crypto market started to show some recovery leading into the weekend. The total market cap slipped from a $204B start to a low of about $186B on Wednesday before steadily climbing to […]
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Blockchain may not be a panacea to the all the world’s problems but there are many areas where it shows potential. Perhaps one of the most important is human rights. According to a 2014 report by Freedom House, only 40 percent of the world live in “free” countries. These are the nations that supposedly respect […]
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Solid as a Rock We had a relatively good week in the market, all things considered. The entire market was in the green over the week-long period, growing by about 7%. It looks like we may finally be at the end of the bear market. But, we’ll have to see a few more weeks like this […]
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A Sybil attack is an attempt to control a peer network by creating multiple fake identities. To outside observers, these fake identities appear to be unique users. However, behind the scenes, a single entity controls many identities at once. As a result, that entity can influence the network through additional voting power in a democratic […]
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Regulatory uncertainty surrounding ICOs pushed many blockchain companies to set up base in the “crypto-friendly” Switzerland. But then major Swiss banks started denying their services, and the climate appears to be souring with crypto companies looking for friendlier pastures. As new regulation passes in Malta and solarisBank in Germany opens accounts for blockchain companies, Switzerland […]
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The government of South Korea has excluded cryptocurrency exchanges from being categorized as venture businesses. The government announced this new cryptocurrency market rule-change through a press release published on August 13. The document issued by the Ministry of Small and Medium-sized Enterprises explained that it would now categorize crypto-exchanges alongside bars and nightclubs, which are […]
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Australia. Plenty of images come to mind when we think of the land down under. Sun-bleached surfers, wallabies, the Sydney Opera House. But, Australia, despite its modest population of 23 million, is more than just a faraway tourist destination. The home of kangaroos, koalas, AC/DC, and vegemite is well on its way to becoming a […]
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Turcoin, advertised as “the national cryptocurrency of Turkey” has been revealed as a multi-million-dollar Ponzi scheme as it collapsed in disgrace. Some 12,000 individual investors are thought to have been affected. Many had sunk their life savings into the project, after Turcoin promised swift dividends and implied it had the backing of the Turkish government. […]
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Blockchain and the Insurance Industry Blockchain and the insurance industry show compatibilities in such a way that you can expect blockchain to significantly alter the way insurance companies do business. Ethereum creator Vitalik Buterin says as much. In an interview with Simon Phipps of KPMG China on November 27, 2016, Buterin states: “I think insurance […]
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