Articles by Kai Sedgwick

No Picture

Not Content Scamming $1.5 Billion, Bitconnect Wants Another $500 Million for ICO

Not Content with Scamming $1.5 Billion, Bitconnect Wants Another $500 Million for Its ICOThe fall of Bitconnect was as certain as night follows day. A pyramid scheme wrapped inside a Ponzi with a side order of WTF, Bitconnect was as crazy as it was calamitous. The only miracle was that the racket lasted so long. When the ringleaders shut up shop on Wednesday, causing the token to plummet […]

The post Not Content Scamming $1.5 Billion, Bitconnect Wants Another $500 Million for ICO appeared first on Bitcoin News.

The post Not Content Scamming $1.5 Billion, Bitconnect Wants Another $500 Million for ICO appeared first on bitcoinmining.shop.


No Picture

Tether Printing Press In High Gear, Issuing $400 Million in Four Days

Tether Printing Press In High Gear, Issuing $400 Million in Four DaysBitcoin has had a rocky week to say the least. At its lowest point, the cryptocurrency dipped to $9,200 before a rising green candle sent it scurrying back into the safety of five figures. That candle was sparked by the release of $100m worth of tethers – surrogate US dollars – and was followed by […]

The post Tether Printing Press In High Gear, Issuing $400 Million in Four Days appeared first on Bitcoin News.

The post Tether Printing Press In High Gear, Issuing $400 Million in Four Days appeared first on bitcoinmining.shop.


No Picture

Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds

Cryptocurrency Exchanges Are Hiring Staff by the HundredsCryptocurrency exchanges have been overrun for months, as record demand has caused throttling or restriction of service altogether. With exchanges buckling under the strain, a number of platforms have been forced to temporarily shut their books. On Thursday, Bitstamp announced plans to recruit 100 new call center staff as it struggles to feed the crypto […]

The post Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds appeared first on Bitcoin News.

The post Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds appeared first on bitcoinmining.shop.


No Picture

Neo Approaches Record High But Centralization Concerns Persist

Neo Approaches Record Highs But Centralization Concerns PersistAfter gaining 2,300% in six months and launching a string of eagerly anticipated ICOs, Neo is quite the success story. It’s that rare thing in the crypto space: a blockchain that’s actually seeing use. A bitcoin price equivalence of $580 per token (if Neo had a 21m supply) suggests there’s still plenty of room to […]

The post Neo Approaches Record High But Centralization Concerns Persist appeared first on Bitcoin News.

The post Neo Approaches Record High But Centralization Concerns Persist appeared first on bitcoinmining.shop.


No Picture

Visa CEO: Bitcoin is Not a Payment System

Visa CEO: Bitcoin is Not a Payment SystemVisa, the world’s largest credit card company, is widely regarded as being hostile to Bitcoin. It would seem intuitive that a traditional financial provider should look unkindly on anything that threatens its hegemony. Publicly, though, the company has had very little to say about Bitcoin, preferring to focus on matters within its own domain. In […]

The post Visa CEO: Bitcoin is Not a Payment System appeared first on Bitcoin News.

The post Visa CEO: Bitcoin is Not a Payment System appeared first on bitcoinmining.shop.


No Picture

Bitconnect Shuts Down Its Exchange Citing a String of Excuses

Bitconnect Shuts Down Its Exchange, Citing a String of ExcusesIn a move that will surprise few observers, Bitconnect has announced that it is closing its lending and exchange platform. The company has widely been accused of operating a Ponzi scheme and was recently rocked by cease and desist notices in two US states. Immediately after the firm declared its intention to wind things up, […]

The post Bitconnect Shuts Down Its Exchange Citing a String of Excuses appeared first on Bitcoin News.

The post Bitconnect Shuts Down Its Exchange Citing a String of Excuses appeared first on bitcoinmining.shop.


No Picture

Bitcoin Enthusiast Finds Undiscovered Cave and Names It Satoshi

Italian Explorer Finds Undiscovered Cave and Names It SatoshiFew people will ever encounter an undiscovered natural wonder, and then have the pleasure of naming it. That’s what happened to Guido Turricchia and his intrepid band of explorers deep within the Papua New Guinean jungle and deep beneath the earth. The speleologist found a new cave and had the honor of christening it. The […]

The post Bitcoin Enthusiast Finds Undiscovered Cave and Names It Satoshi appeared first on Bitcoin News.

The post Bitcoin Enthusiast Finds Undiscovered Cave and Names It Satoshi appeared first on bitcoinmining.shop.


No Picture

8 Alternatives to Coinmarketcap

8 Alternatives to CoinmarketcapAsk anyone where they go to compare cryptocurrency valuations and straight as a flash they’ll reply “Coinmarketcap” (CMC). It is by far the dominant price checking site in the cryptosphere, with Alexa making it the 44th most popular site in the US. For all its might, over-reliance on a centralized data repository has its drawbacks, […]

The post 8 Alternatives to Coinmarketcap appeared first on Bitcoin News.

The post 8 Alternatives to Coinmarketcap appeared first on bitcoinmining.shop.


No Picture

Four Cryptocurrencies That Actually Meet the Definition of Vaporware

Four Cryptocurrencies That Meet the Definition of Vaporware‘Vaporware’ is a term that’s tossed about loosely, often against cryptocurrency projects that have no clear use case. It’s an easy accusation to make given that many crypto projects are still at the development stage, and haven’t had a chance to prove themselves. This year’s vaporware could be next year’s ethereum – or at least […]

The post Four Cryptocurrencies That Actually Meet the Definition of Vaporware appeared first on Bitcoin News.

The post Four Cryptocurrencies That Actually Meet the Definition of Vaporware appeared first on bitcoinmining.shop.


No Picture

This Week in Bitcoin: The Hunt for the Next Bitcoin Intensifies

This Week in Bitcoin: The Hunt for the Next Bitcoin IntensifiesWell, that just happened. What happened? Let’s see: crypto penny stocks mooning. Centralized banking coins mooning. Long forgotten alt bags and even abandoned projects languishing on Cryptopia mooning. Basically everything that wasn’t bitcoin mooning, bringing with it a new wave of zealots and maximalists, convinced that their coin is The One True Coin to lead […]

The post This Week in Bitcoin: The Hunt for the Next Bitcoin Intensifies appeared first on Bitcoin News.

The post This Week in Bitcoin: The Hunt for the Next Bitcoin Intensifies appeared first on bitcoinmining.shop.