Ethereum

Amazon Sparks Speculation by Buying Three Cryptocurrency-themed Domain Names

3 months ago 7ring Comments Off on Amazon Sparks Speculation by Buying Three Cryptocurrency-themed Domain Names
On October 31, Amazon registered three domains related to cryptocurrency, sparking speculation that Amazon may soon begin accepting cryptocurrency. The domains are amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com. Amazon already owns the “amazonbitcoin.com” domain name. This is not the first time a rumor has circulated that Amazon will accept digital currency. A few weeks ago, there was Read More

Bjork’s Latest Album Available Only With Cryptocurrencies, Shows Adoption

3 months ago 7ring Comments Off on Bjork’s Latest Album Available Only With Cryptocurrencies, Shows Adoption
Known for embracing all things edgy, musician Bjork has announced that her latest album, Utopia, will be available for purchase only through cryptocurrencies. The artist will accept Bitcoin, Litecoin, DASH, and AudioCoin. Interestingly, the album cannot be purchased using normal fiat currencies. The move by the musician may seem like a marketing strategy of sorts Read More

Public Blockchain Projects Lack Proper Funding, Ethereum Co-founder Has Ideas

3 months ago 7ring Comments Off on Public Blockchain Projects Lack Proper Funding, Ethereum Co-founder Has Ideas
Vitalik Buterin, the co-founder of Ethereum, has recently been an outspoken critic of the lack of funding for public open-source projects. In a day and age where ICOs are raising more money than traditional venture capitalism, a need has arisen for alternative funding models for projects that contribute to community. Public Blockchains like Bitcoin, Ethereum Read More

Bitcoin Bulls Get More Bullish, Ronnie Moas Revises Bitcoin Price Prediction

3 months ago 7ring Comments Off on Bitcoin Bulls Get More Bullish, Ronnie Moas Revises Bitcoin Price Prediction
Bitcoin’s stupendous rally in 2017 has clearly enthused the supporters of Bitcoin. Standpoint Research’s Ronnie Moas, who is one of the most bullish analysts on Bitcoin, has revised his prediction upwards. $7,500 by year end? Oops, we are almost there! Ronnie Moas had surprised observers by his bold prediction in July 2007 that Bitcoin could Read More

Tezos ICO Class Action Lawsuit Now Official, Tim Draper on Defensive

3 months ago 7ring Comments Off on Tezos ICO Class Action Lawsuit Now Official, Tim Draper on Defensive
The behemoth Tezos ICO, once the darling of the ICO world backed by VC icon Tim Draper, is now the subject of at least one major class action lawsuit with potentially more to follow. The threat of class action came some weeks back after infighting at the top of the company went public. The class Read More

DApps to Offer Power of Apps But Fight Centralization

3 months ago 7ring Comments Off on DApps to Offer Power of Apps But Fight Centralization
The history of apps is a long one. Back in 1983, Steve Jobs talked about what is now known as the app store. At the time, users were required to buy applications before actually trying them out. In this sense, Steve Jobs explained how an app store would disrupt the current norm using a record Read More

Buterin Gives ‘Modest Proposal’ For Ethereum Future, Sharding Named Scaling Solution

3 months ago 7ring Comments Off on Buterin Gives ‘Modest Proposal’ For Ethereum Future, Sharding Named Scaling Solution
The future of scaling on the Ethereum network is the main issue in the mind of Vitalik Buterin these days, according to his ‘Modest Proposal’ offered at Devcon.  The developer has been considering the massive problem of scaling facing the network as adoption of Ethereum and the smart contracts system it supports gains increasing market Read More

Argentina’s Biggest Futures Market to Add Bitcoin

3 months ago 7ring Comments Off on Argentina’s Biggest Futures Market to Add Bitcoin
The largest futures market in Argentina, the Mercado de Termino de Rosario (called Rofex) is considering offering Bitcoin futures to its clients, according to Bloomberg. The move comes as the country literally embraces the cryptocurrency in every sector due to the massive rise in inflation – termed bitcoinization. While the futures potential in Argentina is Read More

Bitcoin Exchange Coinbase adds 100,000 users in 24 hrs, Shows Surging Interest in Crypto

3 months ago 7ring Comments Off on Bitcoin Exchange Coinbase adds 100,000 users in 24 hrs, Shows Surging Interest in Crypto
The announcement by CME that it plans to launch Bitcoin futures has resulted in a spike in interest across the world. Coinbase, the world’s largest Bitcoin exchange, has added 100,000 new users in the 24 hours past the announcement. Why Coinbase matters Coinbase is a popular exchange to buy Bitcoins with 11.9 mln users supported Read More

UK Mint Reveals Live Gold-Tracking Blockchain

3 months ago 7ring Comments Off on UK Mint Reveals Live Gold-Tracking Blockchain
The Royal Mint of the United Kingdom has just revealed their live gold tracking mechanism built with Blockchain technology. The tracking system had its first genesis block on Aug. 2 and while still not yet available to the public, has verified more than 50,000 blocks. The Blockchain technology based tracking system is designed to keep Read More