Ethereum

Decentralized Ethereum-Based AirBnB Records 300 Listings Within Its First Month

4 days ago 7ring 0
CryptoCribs, a decentralized Ethereum-based application which enables users to book spaces, rooms, and houses using cryptocurrencies including bitcoin and Ethereum, has already added 300 listings within its first month of operating. Peer-to-peer networks such as Uber and AirBnB have disrupted their respective industries over the past three years by allowing users or consumers to directly Read More

Experts Caution Investors Against Cash Grab ICOs, Buterin Speaks Out

5 days ago 7ring 0
This week several prominent venture capital investors, experts and developers including Jason Calacanis and Ethereum co-founder Vitalik Buterin spoke out against initial coin offering (ICO) pump and dump schemes. Calacanis, who has invested in more than 500 successful startups including Uber and Evernote, revealed that several service marketplaces such as Fiverr have been offering ICO Read More

Vitalik Buterin: Early Versions of Ethereum Were Supposed to Launch on Bitcoin

1 week ago 7ring 0
Earlier this week, Ethereum co-founder Vitalik Buterin revealed that early versions of Ethereum were set to be launched on top of the Bitcoin protocol. In the early days of bitcoin, the function OP_RETURN was used by several major blockchain networks including Counterparty, which was the 20th largest cryptocurrency in the market at its peak. The Read More

Vietnam Bans Bitcoin Payments, Global Markets Unfazed

3 weeks ago 7ring Comments Off on Vietnam Bans Bitcoin Payments, Global Markets Unfazed
Four days have passed since the State Bank of Vietnam had announced that cryptocurrencies are illegal means of payment in the country. Prime Minister Nguyen Xuan Phuc, the official who shut down Bitcoin payments, has achieved his goal of building the new legal framework for cryptocurrencies in Vietnam. His solution? Ban all cryptocurrencies. Following Indonesia, Read More

Bitcoin May Change it All: Brief History of Interest, Inflation

3 weeks ago 7ring Comments Off on Bitcoin May Change it All: Brief History of Interest, Inflation
Interest is a subject with a very chequered history that today works hand-in-hand with inflation to control the world’s major economies. The story of interest is as old as that of money, but recently digital currencies have begun to add a major wrinkle. Once humans had invented currency to facilitate trade it became a common Read More

Credit Suisse CEO Has No Appetite for Bitcoin, Cries “Bubble”

3 weeks ago 7ring Comments Off on Credit Suisse CEO Has No Appetite for Bitcoin, Cries “Bubble”
While the lack of regulation and use by criminals once formed the basis of attacks on Bitcoin, “bubble” is the latest condemnation used by skeptics. Credit Suisse CEO Thiam used the same logic to attack Bitcoin. Speaking at a news conference in Zurich, Thiam said: “From what we can identify, the only reason today to Read More

Goldman CEO Sees Bitcoin in the ‘New World’

3 weeks ago 7ring Comments Off on Goldman CEO Sees Bitcoin in the ‘New World’
Goldman Sachs as a company has gone through a range of emotions when it comes to Bitcoin. They are now slowly coming around to it and as a consequence CEO Lloyd Blankfein can see it as a currency of the New World. Blankfein admits that he has not yet invested in the controversial on Wall Street Read More

Poloniex Gets Fake Google Play Apps Which Steal User Funds

3 weeks ago 7ring Comments Off on Poloniex Gets Fake Google Play Apps Which Steal User Funds
Researchers have unearthed a further Bitcoin virus amid warnings that CryptoShuffler had made a comeback, stealing over $140,000. According to Russian news media resource RBC, Kaspersky and ESET antivirus researchers have discovered two apps which do not officially exist infecting users on Google Play. The apps purport to be from cryptocurrency exchange Poloniex, despite Poloniex Read More

Saudi Arabia arrests Billionaire Prince – Could Uncertainty Boost Bitcoin?

3 weeks ago 7ring Comments Off on Saudi Arabia arrests Billionaire Prince – Could Uncertainty Boost Bitcoin?
Political uncertainty in the Middle East has risen to an all-time high, with Saudi Arabia arresting the richest Arab in the world, Prince Alwaleed bin Talal. Could this result in a shift to Bitcoin, the digital safe haven, in the Middle East? Saudi Arabia’s crackdown Saudi Arabia has initiated a sweeping crackdown, ostensibly against corruption, Read More

$200 Bln Market Cap, $10 Bln Day Trading: How Far Can Crypto ‘Vortex’ Go?

3 weeks ago 7ring Comments Off on $200 Bln Market Cap, $10 Bln Day Trading: How Far Can Crypto ‘Vortex’ Go?
The trading frenzy following Bitcoin’s push to $7,500 is in full swing with almost $10 bln changing hands in 24 hours. Data from Coinmarketcap shows a combined $9.2 bln flowing through exchanges tracked by the resource since Thursday. The global cryptocurrency market cap is now over $200 bln, a new record, with Bitcoin accounting for Read More