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Bitcoin's incredible bull run has led to a surge in public interest in cryptocurrencies. In 2017, Bitcoin recorded a phenomenal growth rate, rising from $1,000 to $19,784, which led to an unprecedented rise in the use of this financial instrument.Interestingly, this growth was primarily driven by cryptocurrency exchanges, which can be easily understood as online platforms that facilitate the buying and selling of various digital currencies. The functionality of cryptocurrency exchanges can be compared to the foreign exchange market, as they often offer users similar trading options. However, unlike traditional exchanges, cryptocurrency platforms allow users to organize transactions without geographic…
Paul Krugman (center) answers questions from reporters. You know what I want? I want Paul Krugman to video call me right now. I'll show him how to download a cryptocurrency wallet. Then he'll hold up his phone. I'll scan the QR code of his public address. And I'll send him the tokens of his choice. He would see and experience how this works. He might hate it, as he still does, but at least he would immerse himself in and experience the reality of a modernized money and payments system instead of writing rubbish about it. shift There has been…
Victoria's Secret model Alessandra Ambrosio shows off the Floral Fantasy Bra gift set at a Victoria's Secret store in New York City on October 18, 2012. Brendan McDiarmid/ReutersThe crypto company's former chief executive officer, Mike Putre, resigned from his position earlier this month, according to a company filing. His holdings in the company made him a billion-dollar businessman in December, according to The Wall Street Journal. The CEO of a crypto technology company that was born out of a reverse takeover of a fitness clothing company has stepped down, company filings show. The Crypto Company's former CEO, Michael Putre, resigned…
Victoria's Secret Fantasy BraBrendan McDiarmid/ReutersThe crypto company's former chief executive officer, Mike Putre, resigned from his position earlier this month, according to a company filing. His holdings in the company made him a billion-dollar businessman in December, according to The Wall Street Journal. The CEO of a crypto technology company that was born out of a reverse takeover of a fitness clothing company has stepped down, company filings show. The Crypto Company's former CEO, Michael Putre, resigned from the company on May 14. He was replaced by former president James Gilbert.The Crypto Company made headlines during the cryptocurrency boom of…
If you look at recent headlines, you might come to a common conclusion. Given the ups and downs of the market, it is too early to take cryptocurrencies seriously.And despite the best efforts of even the industry's most prominent developers, the world's largest cryptocurrency remains not only unstable but also difficult to use, at least not in the way its creators intended ( It is also true that there are risks).Still, enthusiasts around the world are hard at work improving it for 2018.As such, optimistic progress may begin to become more complex, creating a user experience that finally begins to…
Norway-based cryptocurrency mining company Cryptotech AS today announced the launch of its first crowdsale in connection with the creation of the world's largest, ultra-efficient and ultra-fast-operating Bitcoin mining facility. Cryptotech's mining, scheduled to be operational in August 2018, leverages disruptive patent-pending technology in the semiconductor industry to reduce chip power consumption by 80% in a nearly twice as small package. This is achieved by employing a recent invention that enables semiconductor manufacturers to produce more efficient chips using only one type of transistor (N-type transistors). Before this revolutionary invention, semiconductor chips had to be made with two types of transistors,…
Sweden, the Scandinavian country famous for ABBA, Bjorn Borg, and Volvo, is leading the way in becoming the world's first cashless country, and the technology behind Bitcoin and the cryptocurrency it spawned will help that process. We are promoting.Two years ago, in October 2015, Niklas Arvidsson, a researcher in industrial economics and management at KTH Royal Institute of Technology in Stockholm, helped write a study predicting that the country would become the first to adopt a cashless society. I did. “Cash remains an important means of payment in many national markets, but this is no longer the case here in…
This article is over 6 years old.There aren't many people who are truly believed to be “the next Jack Ma,” the founder and executive chairman of Alibaba. Please appear on stage right. Justin Sun is a creative visionary determined to make his business a global changer. So, can he really become the next Jack Ma? Sun is the founder and CEO of TRON, a blockchain-based open source platform for the global digital entertainment industry, with an initial coin offering (ICO) scheduled for September this year. TRON has already surpassed Bitcoin and Ethereum to become the first smart contract blockchain protocol…
There aren't many people who are truly believed to be “the next Jack Ma,” the founder and executive chairman of Alibaba. Please appear on stage right. Justin Sun is a creative visionary determined to make his business a global changer. So, can he really become the next Jack Ma? Sun is the founder and CEO of TRON, a blockchain-based open source platform for the global digital entertainment industry, with an initial coin offering (ICO) scheduled for September this year. TRON has already surpassed Bitcoin and Ethereum to become the first smart contract blockchain protocol with over 10 million wallet users…
The Eurobank Association has today published a new information document exploring the potential benefits and use cases of cryptographic technologies in the context of international payments, and more specifically correspondent banking.Cryptography in international payments was provided by the EBA's Cryptography Working Group. This working group brings together experts from EBA member organizations to consider promising business models for distributed ledger technology related to payments and transaction banking. “After analyzing the value that cryptography could bring to supply chain financial processes, we felt that international payments is another area that could greatly benefit from the use of this technology.” said Jose…