Recently, the central bank of Sweden Riksbank announced a test launch of the first Swedish cryptocurrency e-krona . Messages about the possible issue of "electronic krone" appeared at the end of 2016. If the plan comes true, the Bank of Sweden will become the first central bank in the world to issue such a currency. It is noteworthy that in the second half of the 17th century, it was Riksbank that was the first in the world to issue paper notes. According to the head of the bank Cecilia Skingsley : “This is the same revolutionary step as the release…
Author: BlockchainJournal
According to the analysis of the American company Susquehanna, working in the areas of trading and investment, Ethereum mining using GPU-video cards no longer makes a profit. This writes the Cointelegraph . The analysis states that the monthly income of ETH miners using the GPU reached $ 0 on November 1 of this year, although in July 2017 it was almost $ 150. According to Susquehanna analysts, the main factor in the decline in profitability is the fall in the rate of Ethereum – at the time of preparing the material it is 181 dollars, which is 85% lower than…
A veteran of the cryptocurrency industry and a well-known Bitcoin developer Jameson Lopp went on promotion at the Casa startup, where he got the position of technical director. This writes CoinDesk . In his new role, Lopp will focus on ensuring that the company's products match the proposed corporate service for cold (offline) cryptocurrency storage, with only an annual fee of $ 10,000, and the waiting list has more than a hundred users. Casa's digital wallet, which startup founder Jeremy Welch calls the premium hodl software, uses the multisig system: when it is opened, five private keys are created, three…
ICObench analysts conducted an analysis of the ICO market in October 2018. According to the company, the ICO market is still in recession, but there are positive signs. The proportion of successful ICOs fell from 44% in September to 33% in October. In addition, among the top 5 most ambitious projects, the hardcaps reached only 1 project, one project assembled 1/4 hardkeps, and 2 were moved and 2 failed. As for the positive signs, the ICO market is becoming increasingly active and mature. In October, the number of ICO projects increased, compared to September 2018 and the same period last…
The head of the International Monetary Fund, Christine Lagarde, believes that the nature of money is changing in the modern world, and the issue of issuing digital currencies of central banks (CBDC) should be seriously considered. “I believe that we should consider issuing digital currency. For the state, this may be the task of providing money to the digital economy , ”said Lagard in a speech at the Singapore FINTECH festival. She recalled that in some jurisdictions, including Sweden , Canada, China and Uruguay, the authorities are seriously considering the idea of a CBDC. In her opinion, such a currency…
According to Coinmarketcap, the little-known cryptocurrency Etheera (ETA) has increased by more than 80,000% over the past two weeks. As of October 31, 2018, Etheera was trading at $ 0.000051. At the time of writing, the price of ETA is $ 0.012551, which corresponds to an increase of 83,573%. The astronomical increase in the price of cryptocurrency began on the first day of November, when the price of Etheera suddenly rose from $ 0.000401 to $ 0.002658 (more than 560%). The next price surge occurred between November 9 and 10, 2018. During this period, the cost of ETA increased from…
The monthly income of the miners cryptocurrency Ethereum in November reached $ 0. This is evidenced by the data analysis of the trading company Susquehanna, writes Cointelegraph . According to analysts, the main factor reducing GPU mining profitability was the annual decline in the second cryptocurrency rate from $ 1,350 in January to $ 204 at the current time. Financial losses from loss-making ETH mining is borne by the manufacturer of video cards NVIDIA. "NVIDIA's quarterly cryptobusiness revenue fell by about $ 100 million. According to our estimates, in the third quarter, the company's revenue will be close to zero,…
On Wednesday, November 14, the price of the first cryptocurrency dropped to one of its lowest values in 2018. As of 17:00 UTC, the weighted average rate of Bitcoin, according to the CoinMarketCap, was $ 5877.72, capitalization dropped to $ 102 billion. If we turn to individual exchanges, then on Bitstamp the price a little earlier fell to $ 5534, on Kraken – to $ 5510. Support for $ 6,000 was also broken at Bitfinex, where the last weeks the first cryptocurrency has been trading several hundred dollars higher. Here the rate went down to $ 5860 ($ 6000 at…
The Singapore bitcoin exchange KuCoin announced the closure of a round of financing for Series A, in which it received $ 20 million. The company's investors were venture companies IDG Capital, Matrix Partners and Neo Global Capital. KuCoin Raises Series A Round of Funding See the official announcement here: https://t.co/L9xQGileBG pic.twitter.com/iDFBvz29pG – KuCoin Updates (@KuCoinUpdates) 14 November 2018 The accompanying press release also states that all three companies have become not just investors, but KuCoin partners, and will jointly “promote cryptocurrency to the masses”. The exchange plans to launch Platform 2.0 in the first quarter of 2019, a new trading…
In the cryptocurrency world, the Airdrop tool , which allows any user to obtain a certain number of tokens, is increasingly used. As more and more digital assets are distributed free of charge, we can conclude that a competitive ecosystem has been formed. We introduce you to the upcoming distribution of 6 tokens based on the Ethereum blockchain ( standard ERC-20 ). Mind AI The Mind AI project focuses on artificial intelligence and cryptocurrencies , its goal is to create a completely new infrastructure for parallel processing, supercomputers, etc. The passing airdrop Mind AI will bring users up to 700…