cryptocurrency

HTC hasn't been doing so well lately, at least not in the smartphone market. A large chunk of its mobile team have been shuffled over to Google. The company mostly remains afloat thanks to its VIVE VR platform. Still, there are some in the company that strongly believe that HTC still has something to offer that no one else can, starting with ambition and audacity. The newly revealed HTC Exodus concept phone is being called as the way of the future, just as the blockchain and cryptocurrency on which it revolves around has been called similarly. But just like blockchains and cryptocurrency, it might be a technology too far into the future and too ahead of its time.

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The HTC Exodus is a smartphone that's meant to lead the market into the future. HTC has a history of forging paths in this space - and with blockchain technology, it would appear that they're aiming to take a first swipe at a crypto-phone. This device will have a touchscreen display, a single camera at its back, SIM and microSD card support, and it'll run Android.

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Finding a GPU at MSRP is a pretty tough task these days. Thanks to cryptocurrency miners buying up much of the available stock, the cards that remain usually see inflated prices. Buying straight from the manufacturer - NVIDIA, in the case - can help solve that problem, but the issue is that NVIDIA's own shop has been out of stock for quite some time now.

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In Japan this week was a tip about Japanese exchange Monex moving to take over the exchange known as Coincheck. Said takeover would be a muilti-billion-Yen bid, and a big bump to public confidence in bitcoin and cryptocurrency in general. Monex is a regulated public company. As such, Monex tossing billions at a cryptocurrency exchange is nothing to scoff at.

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Security at the Chrome Web Store took a hardline stance on cryptocurrency miners this week. In the past, the Chrome Web Store allowed crypto mining apps ONLY if they had mining as their SINGLE purpose, and the user was "adequately informed" about how the app worked. Due in part to the absurd number of apps submitted to the Chrome Web Store that attempted to bend or break these rules, the store announced they'd no longer accept any crypto mining apps at all, whatsoever.

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This week bitcoin prices bounced at the trendline forged approximately one half year ago at the same time as NVIDIA signaled support for crypto. NVIDIA CEO Jensen Huang spoke to Jim Cramer on Mad Money TV, suggesting that cryptocurrency was "here to stay" regardless of the fact that it's not one of the company's main drivers - yet.

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A Bitcoin mining hardware accelerator was revealed in a patent this week, showing Intel's hand ahead of any product unveil. Over the past year, several major gaming-focused hardware manufacturers went both in and out of love with the fact that their gear was flying off shelves. Graphics processor makers especially found themselves between a rock and a hard place when gamers were unable to buy gaming GPUs because cryptocurrency mining operations bought out entire stores at a time - leaving gamers with no option but eBay. Intel seems to have no qualms with expanding on Bitcoin.

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Today the average price of bitcoins to dollars dipped below the McAfee bet curve. McAfee predicted back on July 17th of 2017 that one Bitcoin would be worth $500,000 "in three years." Bitcoin went from around $2.2k to $19k by the end of the year. According to the mathematics behind McAfee's prediction, bitcoin pricing just went below the curve. Either it's time to bounce up, or the world is ending... maybe.

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As bitcoin popularity grew, so did the number of companies accepting it as a payment method. Dell was one of the early big companies to accept it; Microsoft, too, let customers pay for subscriptions using the digital currency. Reddit adopted bitcoin as a payment option for Gold way back in 2013, but quietly changed that in recent days, blaming Coinbase and bugs for its decision.

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This week two potential flaws in Monero's code suggested the blockchain-based cryptocurrency might've been traceable. Monero is a cryptocurrency built on the premise that cryptocurrency should be anonymous - completely anonymous - and as such, it depends on that anonymity to survive, and to retain value in the open marketplace VS Bitcoin and USDT. It would appear that these flaws might not matter as much as initially feared.

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Earlier this month, Twitter announced its plans to begin cracking down on cryptocurrency spam accounts. If you're a regular Twitter user, you've likely encountered them before: accounts that exist for no other reason than to part gullible people from their cryptocurrency. As it turns out, that isn't the only thing Twitter is going to do to cut back on the amount of cryptocurrency spam on its platform, as it will soon be restricting certain ads as well.

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The White House has officially banned the use of Venezuela's state cryptocurrency "Petro." An executive order on the matter was signed by Trump today, and in it the White House dictates that all US persons, including permanent residents and entities, are prohibited from buying or otherwise dealing in the cryptocurrency. The move follows Venezuela's recent launch of the digital currency, an action that violates recent US sanctions.

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