cryptocurrency

Apr
01

Next bitcoin halving is attractive for investors, says top asset manager

Now is the right time for investors to create their core strategic positions in bitcoin, says a top asset management firm. New York-based Grayscale Investments, backed by Barry Silbert’s Digital Currency Group, published an evaluative report detailing the historical correlation between bitcoin halving events and its price. The firm used those metrics to predict how the bitcoin price would react to the next halving event, which is going to take place on May 24 next year. In retrospective, miners contribute computational power to confirm blocks on the Bitcoin network and add them to its public blockchain. The system automatically rewards them with newly issued bitcoin tokens. This reward, according to […]

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Apr
01

Bitcoin vs. Ethereum – What’s the Difference?

Bitcoin and Ethereum are two of the largest cryptocurrencies. They are part of the first and second generation of blockchain and cryptocurrencies, these two projects have gone through various difficulties and remained the most dominant crypto assets on the planet. However, there are differences which exist. Bitcoin and Ethereum are two crypto projects with different ends and different means. Let’s understand this. The Creator The creator of Bitcoin is Satoshi Nakamoto, a pseudonym used for a person or a group, which has never been identified. Nakamoto is best identified for his Bitcoin whitepaper “Bitcoin: A Peer-to-peer Electronic Cash System.” Some people have claimed to be Nakamoto in the past, but […]

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Mar
29

What impact could Facebook’s digital currency have on the financial industry?

According to a New York Times report we have recently covered, Facebook is on pace to issue its own digital currency in the next few months. Prompted by its rivals, especially Telegram, which managed to raise a whopping $1.7 billion in its ICO campaign, the effort Facebook has put towards creating its own cryptocurrency could have a substantial impact on global commerce. In this article, we are going to discuss the primary reasons why Facebook’s digital currency could lead to a revolution in e-commerce, what advantages Facebook has over the competition in the payment processing space, and the likelihood of Facebook solving the huge remittance problem workers and employees are facing around the […]

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Mar
27

Cutting through the fog: FinTech and the future of financial services

Emerging technologies such as blockchain, cryptocurrency and artificial intelligence are disrupting the landscape of the financial services industry, participants of Swinburne’s Financial Technologies (FinTech) panel discussion will hear. Renowned FinTech leaders will come together at Swinburne University on April 5 to discuss the trends, challenges and opportunities of FinTech in Australia, moderated by Director of the Master of Financial Technologies, Dr Dimitrios Salampasis. Dr Salampasis says the diverse backgrounds of the panellists will allow for rich and varied discussion about the future of FinTech and how they expect it to develop in their fields. “Hearing from leaders of the Melbourne FinTech and business ecosystem will give the audience insight into […]

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Mar
26

Paid By Coins stepping towards global expansion

Mobecom Limited (ASX: MBM) is a technology company with a product portfolio that provides customer engagement technology solutions using mobile application online as well as through the social media across a number of industries. It provides liquidity for digital assets majorly through airBux and Paid By Coins. The company announced that it is actively expanding Paid By Coins which is its crypto exchange platform into new territories. The new Paid By Coins operating companies are already established in Malta and South Africa. Now, they are planning to expand the Paid By Coins business in the SE Asian market starting from Singapore. In Australia, the Paid By Coins was launched in […]

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Mar
25

Gifto is the platform token of InfiniteX, a next-generation mass market fiat exchange

Gifto is now the platform token of InfiniteX, an Australia-based fiat-to-crypto exchange that operates as a secure and accessible gateway for mainstream global users. InfiniteX allows traders to directly purchase cryptocurrencies with the Australian dollar (AUD), one of the few free-floating currencies in the Asia-Pacific region, meaning that users from all over the world can easily get AUD through their local banking system and create an account on the exchange. InfiniteX is part of the new wave of compliant fiat-crypto exchanges coming online globally, and offers the lowest fees on fiat trading pairs in Australia. Gifto is the first project to feature dual-use as a utility and exchange platform token, […]

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Mar
22

RepuCoin secure blockchain defends against attackers

In what its originators have billed as a ‘world first’, a secure blockchain has been developed that they claim can defend against malicious activity. Monash University researchers are part of an international team that created the system, which, it is claimed, can successfully block malicious activity by attackers who possess more than half of the system’s computing power. The system, RepuCoin, introduces the concept of ‘reputation’ to blockchain, supposedly making it thousands of times more expensive to attack than Bitcoin. Its creators claim it has the potential to be applied in a number of global sectors including fintech, energy, food supply chains, health care and future 5G telecommunications networks. RepuCoin’s […]

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Mar
21

Do start-ups stand a chance in the face of ‘crypto winter’?

Cryptocurrencies have lost more than $400 billion from their global market cap over the past 12 months, but despite this Australian start-ups remain determined to weather the fallout from “crypto winter”. “The best time to build something is where there’s a lull in the market,” says co-founder of cryptocurrency investment app Amber, Aleks Svetski. Market tracker CoinMarketCap says the past year of volatility sliced the global value of cryptocurrencies from $610 billion to $190 billion. In the US and Europe, entrepreneurs are questioning whether they can make start-ups in the space work long-term and the phrase “crypto winter”, to describe the freezing up of both growth and enthusiasm, was born. The […]

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