Whether or not Facebook's latest move signals a larger embrace of cryptocurrencies remains to be seen. Still the decision could help lead a new trend that begins to rehabilitate crypto's image after a string of bad press.
Both Square and Bitcoin got some good news this week as the former's Cash app was granted regulatory approval to trade the cryptocurrency in the state of New York. The announcement comes as the Empire State was a notable holdout in allowing Cash users to buy and sell Bitcoin dispute...
As we've hit on before, one of the problems that has emerged with cryptocurrency is that, while some investors see Bitcoin as a "get rich quick" opportunity, the road is proving much more difficult this year than last.
While Ripple also has the ability to aid international transactions without the use of cryptocurrencies, it seems that the company is still pushing tokens as an even better solution. As a result those interested in the crypto space will certainly want to keep an eye on Ripple, xRapid, and XRP.
What was once just a theory surrounding cryptocurrencies has proven reality as a so-called "51% attack" hit Bitcoin Gold (BTG) earlier this month. This type of attack is so named because it is the result of rogue miners gaining more than half of the mining power for a given coin....
One recent cryptojacking attack that was discovered affected a number of sites using the content management system Drupal. That CMS currently powers just over 4% of sites on the web and about 1% of those were apparently infected in the attack.
Among those calling out Ethereum is former Commodity and Futures Trading Commission (CFTC) chairman Gary Gensler. In a speech last week, Genslet said, “There is a strong case that one or both of ETH and [Ripple’s] XRP are noncompliant securities."
2018 has not been kind to crypto, with Bitcoin in particular falling from that $20k highpoint back down to the $7,000 range. However, as the Independent notes, the past 24 hours have given enthusiasts a glimmer of hope as signs of a potential bounce-back have started to show themselves.