Plans afoot to restart Australian coal power plant for powering blockchain company

An Australian tech company IOT Group plans to restart a coal-fired power plant in Australia, for supplying cheap electricity to blockchain companies. However, the plan to restart the Redbank Power Station has met with reservations from the industry-watchers. Redbank power…

Indian blockchain and crypto startups move to countries with friendly regulations

Indian cryptocurrency and blockchain start-ups are moving to countries with friendlier regulatory environment for crypto business, from India. The start-ups link their decision to the recent moves by the Reserve Bank of India (RBI), i.e. the Indian central bank, and…

Nearly 400 websites were infected with Coinhive code in the latest cryptojacking incident

Cryptojacking, i.e. hijacking unsuspecting users computers for surreptitious cryptocurrency mining, has become a persistent issue. In the latest such incident, nearly 400 websites were infected with a Coinhive crypto mining code. Cryptocurrency mining is a complex, resource-intensive, and competitive process.…

Wall Street Company Plans to Establish Trading Platform for Bitcoin, Mainstream Adoption Imminent

Since the cryptocurrency media spotlight that started during the last quarter of 2017, mainstream adoption of cryptocurrencies has slowly begun. Just recently, reports say that Wall Street seriously considers profit making in the cryptocurrency market. According to Wall Street reports,…

Indian crypto exchanges challenge banking ban in the court

Four crypto exchanges in India have challenged the circular from the Reserve Bank of India (RBI), i.e. India’s central bank, denying them banking services, in the Supreme Court of India, the highest court in the country. The exchanges that have…

Warning: 81 Percent of ICOs are Scams

A good way to get ahead of making profits in the cryptomarket is through investing in an Initial Coin Offering (ICO). Like the Initial Public Offering (IPO) of publicly traded companies, tech companies nowadays raise capital through ICOs. Before being…

JP Morgan intends to patent blockchain-based P2P payment solution

American multinational investment bank and financial services giant JP Morgan Chase & Co. wants to patent a blockchain-powered technology solution that will make peer-to-peer (P2P) payment network for banks a reality. The patent application was filed in October 2017, and…

MasterCard intends to patent technology for easier activation of new blockchain nodes

American multinational financial services giant MasterCard has filed a patent for a technology solution that will expedite the activation of new nodes on a blockchain. The patent was filed on October 2016, and the US Patent and Trademark Office (USPTO)…

Top 5 Alt Coins Short Trades for May 2018

As of press time Bitcoin dominance dropped back to 36.5% from its 2018 high of 45% on mid-April. This means that the altcoins are getting some traction when it comes to price and market capitalization. If you want to join…

Bitcoin Pattern Indicates New Bullish Sign – Technical Analysis

Bitcoin has been recovering during the month of April and the open of the month of May. Some minor correction happened during the past week with Bitcoin failing to breach the $10,000 mark, and falling back to the $9,000 level.…