Blockchain

NVIDIA just revealed their next big plan for capitalizing on the current supply VS demand issues in graphics cards. Part one of their plan is nerfing GeForce RTX graphics card cryptocurrency mining power (hash rate) so said cards are less desirable to cryptocurrency mining operations. The second bit of the plan is creating a whole new category of product, the NVIDIA CMP, or Cryptocurrency Mining Processor.

Continue Reading

BitPay announced this week that they've begun functioning with Apple Wallet. The self-professed "world's largest provider of Bitcoin and cryptocurrency payment services" announced that users of the BitPay Prepaid Mastercard can now add their card to their iPhone's Apple Wallet. With the BitPay Prepaid Mastercard in an Apple Wallet, the user can spend with Apple Pay.

Continue Reading

Robinhood, WeBull and other brokerages are down for the count, right now, thanks to extreme volatility in a wide variety of stocks across several markets. If we're looking at GameStop and AMC, we see massive market manipulation and calls from regulators to stop trading altogether. If we look at cryptocurrencies like Bitcoin and Dogecoin, we see a bit more of the same.

Continue Reading

The SEC announced a lawsuit against Ripple Labs, Inc, and as such, XRP trading pairs are going offline on Coinbase. If any of that made any sense to you whatsoever, you probably know about cryptocurrency and quite possibly have some investment made in XRP. If you're using XRP on Coinbase right now, you'll want to finish up any sort of transactions you've got going before Tuesday, January 19, 2021 at 10AM Pacific Standard Time if you want those transactions to be fulfilled.

Continue Reading

The credit card company Visa just announced that they'll be working with Circle Internet Financial for USDC. Earlier this week, Visa announced a partnership with BlockFi to offer a Bitcoin Rewards Credit Card that offers 1.5% of purchases rewarded as Bitcoin. It's almost as if Visa has accepted the idea that cryptocurrency is the way of the future, and the company wants to get in on the business before they find their business struggling to catch up.

Continue Reading

Although it hasn't disappeared, cryptocurrency and digital currencies seemed to have taken a backseat in recent months as far as news coverage is concerned. Given the global economy and health situation, however, interest in this new form of currency has apparently surged in the background. That may have given the group behind Facebook's controversial Libra cryptocurrency the motivation to finally push it to the market as early as January, even if it isn't the grand vision that Facebook and its remaining allies had for it last year.

Continue Reading

On Monday, May 11, 2020, a Bitcoin event is set to take place that could affect the entire world of cryptocurrency. The event is scheduled, and it's happened before. The event will automatically cut the reward given to Bitcoin miners for completing Bitcoin transactions. In essence, it'll be more difficult for people to profit from running computers to earn Bitcoin. The effect this will have on the value of Bitcoin is yet unknown.

Continue Reading

Facebook's plans to launch its very own cryptocurrency was met with heavy opposition last week, as CEO Mark Zuckerberg's Libra proposal to Congress was hijacked into a hearing of the company's past mishandling. To put it briefly, the social media company's involvement in the Cambridge Analytica and election controversies had broken its trust with authorities. Without a clear structure for regulation, there are concerns that Zuckerberg's new Libra project could undermine the national dollar, as well as contain loopholes for criminals to exploit.

Continue Reading

In May of this year, IRS Commissioner Charles Rettig made a comment about releasing future guidance on the taxation of cryptocurrency in the USA. Today that guidance was revealed. This is the first guidance released by the IRS on this subject since their relatively thin set of comments on the matter all the way back in the year 2014. A lot has changed in cryptocurrency since the year 2014, including the two most major rises and falls of Bitcoin since the dawn of the blockchain.

Continue Reading

Cryptocurrencies have always been regarded with skepticism and suspicion ever since Bitcoin started hitting mainstream news. It has gained more momentum and support around the world but, unsurprisingly, governments are more cautious about officially acknowledging the technology. The latest to join those voices is none other than US president Donald Trump who, in a series of tweets, expressed his dislike of Bitcoin and its kin and also took the opportunity to bring up Facebook's new Libra "virtual currency".

Continue Reading

This morning, Facebook confirmed some long-running rumors by announcing that it's about to dive into the world of cryptocurrency. That cryptocurrency is called Libra, and it'll launch next year alongside a digital wallet called Calibra. Calibra will be a subsidiary of Facebook, while Libra will be governed by the Libra Association, an organization comprised of a number of different companies (including Facebook and Calibra) that's headquartered in Geneva, Switzerland.

Continue Reading

While Google and Mozilla are fighting over becoming the web browser on all platforms, Opera is fighting a different battle. It is waging war against the institutions and companies that would steal people's information from under their noses. That isn't just science fiction and it's pretty much the reality that the likes of Facebook have slapped in our faces. That's why the browser maker is rolling out Opera version 60, codenamed "Reborn 3" to fight that good fight using blockchains, Crypto Wallets, and Web 3.0.

Continue Reading