Spooky Economy

Happy Friday the 13th!! If you live and work in the United States and didn’t get a raise of 2.9% this year, you’re actually making less than you did last year. The CPI data released yesterday showed a rather nasty increase bringing the rate of inflation to just under 3%. Unfortunately for American workers, the average hourly … Continue reading Spooky Economy

New Power Rates for Cryptocurrency Miners in Upstate New York

The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York. Details of the New Rates In a press release issued by the New York PSC, high-density power consumers like cryptocurrency miners under the Massena Electric Department will pay new utility rates. The new rules approved by … Continue reading New Power Rates for Cryptocurrency Miners in Upstate New York

MLB Crypto Baseball Is Bringing Blockchain to America’s Pastime

A blockchain gaming company is set to release “MLB Crypto Baseball” after agreeing to a licensing deal with Major League Baseball. It is anticipated to be similar to the popular Ethereum-based CryptoKitties blockchain game. Major League Baseball, like many sports leagues across the world, is devoting a lot of resources towards staying technologically innovative. In … Continue reading MLB Crypto Baseball Is Bringing Blockchain to America’s Pastime

AmWager Becomes the First to Accept Bitcoin Deposits for Bets on Horses

In the latest example of the growing acceptance of cryptocurrencies in gambling, you can now use Bitcoin to bet on horses. AmWager.com, a website for watching and betting on live horse racing, has started accepting deposits in Bitcoin and Bitcoin Cash. A First for AmWager.Com and American Live Horse Race Betting According to an announcement made … Continue reading AmWager Becomes the First to Accept Bitcoin Deposits for Bets on Horses

‘Be Vigilant’ – One Person Behind Lightning Network 220% Capacity Spike

Concern is mounting over Bitcoin’s Lightning Network after an advisor to pro-Bitcoin Cash website Bitcoin.com almost doubled its capacity this week. Bitcoin.com Advisor Doubles Lightning Capacity Andreas Brekken, owner of Shitcoin.com and an associate of Bitcoin.com owner Roger Ver, who has publicly criticized Lightning, currently controls a Lightning Network node with a capacity of 35.4 … Continue reading ‘Be Vigilant’ – One Person Behind Lightning Network 220% Capacity Spike

We Need to Change the Landscape of Crypto Trading Through “Algocratization”

Cryptocurrency trading has always been fundamentally different from traditional finance in lots of ways. It’s more inclusive, easier to make big and quick gains, has lower barriers to entry, and doesn’t require huge startup costs. Maybe these are the reasons why crypto has been so fiercely and constantly undermined by the elitist financial class ever … Continue reading We Need to Change the Landscape of Crypto Trading Through “Algocratization”

Steven Cohen Invests in Crypto Hedge Fund: A First of Many?

The King has left the hedge fund building. Now, Steven Cohen, otherwise known as the ‘Hedge Fund King’, has entered the world of cryptocurrency. Yes, the headlines are true: Steven Cohen invests in a crypto hedge fund. Steven Cohen Invests in Crypto Hedge Fund Cohen, a Billionaire investor, is still technically involved in the hedge fund … Continue reading Steven Cohen Invests in Crypto Hedge Fund: A First of Many?

Statis Group Finds That Nearly 80% of ICOs in 2017 Were Scams

ICO scams: The ICO advisory firm, Statis Group, just announced its recent study that showed that nearly 80 percent of initial coin offerings (ICOs) held in 2017 were scams. The study took into account the lifecycle of ICOs, from the initial proposal of sale to the most mature phase of trading on a cryptocurrency exchange. The study … Continue reading Statis Group Finds That Nearly 80% of ICOs in 2017 Were Scams

OKCoin Exchange Opens in California, More US States Coming “Soon”

OKCoin in California: OKCoin, an international cryptocurrency exchange, just announced that it has launched a branch within the US market offering cryptocurrency trading services between USD and several cryptocurrencies. According to the company’s website, the crypto exchange has already launched in California and is working on getting its services approved in other states. Each state has … Continue reading OKCoin Exchange Opens in California, More US States Coming “Soon”