Archive | cryptocurrency

People Are Spending Millions Of Dollars On Fake Money To Buy Fake Cats

CryptoKitties lets you exchange a made-up thing called Ethereum for fake cats. Naturally it’s the next big thing in the super convoluted world of cryptocurrencies, where people spend a lot of time cooking up fancy new names for pyramid schemes. Like people who hoarded Beanie Babies back in the day, digital collectors…Read more… Continue Reading […]

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3LAU shares beginners guide to cryptocurrency

In an age of rapid technological advancements, monetary forms of exchange are one of the most rapidly changing fronts. Unfortunately, for the large majority of the world, these forms are virtually untapped — the knowledge barrier is difficult to overcome for the average consumer.Digital currencies like cryptocurrency, bitcoin, blockchain, and coinbase are left to those who […]

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Bitcoin Is Not a Good Way to Get Started With Investing

“I don’t trust investing,” a friend said once. I asked her why. “Isn’t it kind of like playing the lottery?” she asked. Investing is intimidating enough for people as it is. Toss in something as unpredictable as cryptocurrency, and people give up on it altogether. It reinforces the notion that investing is like buying…Read more… […]

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Gramatik goes public with his new cryptocurrency, builds a $9 million GRMTK entertainment economy

One month has passed since Gramatik announced his very own cryptocurrency, alongside the release of his fourth EP project, Re:Coil Pt. 1. In so doing, the technologically inclined electro-funk producer made a historic move in becoming the first artist to have his intellectual property tokenized, thereby creating a new funding model for artist-fan relationships.“Embedded in the GRMTK token […]

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Only Buy Bitcoin If You’re Ready to Lose It

If you’ve been tempted to get in on the blockchain currency racket, first read tech writer Mark Frauenfelder’s story of losing access to $30,000 in bitcoin. Ask yourself if you could handle the stress of trying to guess a seven-digit PIN, knowing that every time you guessed wrong, your money would get locked away for…Read […]

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Gramatik releases versatile 6-track ‘Re:Coil Part I’ EP, announces launch of ‘GRMTK’ cryptocurrency token

Currently on his massive 26-date European “Re:Coil” tour, electro-funk pioneer Gramatik has returned with his highly-anticipated Re:Coil Part I EP. While on tour, Gramatik will also be launching his very own cryptocurrency coin — what he’s dubbing GRMTK — giving him complete control over the distribution of his media via a decentralized entertainment channel called Singular DTV. The GRMTK token will also make him the first “tokenized” […]

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How to Stop Sites From Harvesting Cryptocurrency From You

Your browser might be doing someone else’s dirty work behind your back, mining cryptocurrency for malicious individuals using your desktop or laptops to create the digital currency, which can potentially be exchanged for real cash. According to Wired, hackers have found a way to inject Javascript-based cryptocurrency…Read more… Continue Reading at http://lifehacker.com

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Some Crypto-Capitalists Just Want to See the World Burn

“In battle, the commander is the first one to go over the top,” Joe McKinney, shirt unbuttoned, wearing a shower cap and one of those airplane neck pillows, exclaims over music swelling from every direction. He’s having a great time, romping around San Francisco as part of a “distributed dance party”—a roving DJ set…Read more… […]

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Upcoming MMO’s Cryptocurrency Marketplace Was Inspired By Other Games’ Black Markets

When black markets develop on the sidelines of most massively multiplayer online role-playing games, most developers would panic. But with today’s rise of cryptocurrencies like Bitcoin, a growing group of game-makers are embracing some gamers’ tendency to turn in-game currency into real-world money. Read more… Continue Reading at http://kotaku.com

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Upcoming MMO’s Cryptocurrency Marketplace Was Inspired By Other Games’ Black Markets

When black markets develop on the sidelines of most massively multiplayer online role-playing games, most developers would panic. But with today’s rise of cryptocurrencies like Bitcoin, a growing group of game-makers are embracing some gamers’ tendency to turn in-game currency into real-world money. Read more… Continue Reading at http://kotaku.com

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What You Should Know About Cryptocurrency

Cryptocurrencies are having a moment. You’ve probably heard a thing or two about Bitcoin and Ethereum. Namely, their prices seem to be skyrocketing (or plummeting, depending on the day). There’s more to the story, and as the investing cliche goes: don’t buy what you don’t know. So let’s find out more.Read more… Continue Reading at […]

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Bitcoin Chrome Extension Keeps You Up to Date on Price Fluctuations 

Despite its reputation for getting constantly hacked, cryptocurrency like Bitcoin remains a hot commodity. If you’ve got a Satoshi or two in your wallet, you probably want to stay up to date on its value to make sure you don’t lose your shirt if (let’s be real, when) it crashes. That’s where Bitcoin Tracker comes […]

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The Best Bitcoin and Ethereum Explainers

Bitcoin, the decentralized digital currency dominated by white men, seemed on the verge of disappearing after every scandal, crash, or hack. But eight years later, it’s not only growing but accelerating, tripling in total value since January to over $45 billion. And it’s not the only cryptocurrency; competitors…Read more… Continue Reading at http://lifehacker.com

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Investor Jitters and 4Chan Hoax Knock $4 Billion Off the Value of Ethereum Cryptocurrency

Following a flash crash last Wednesday, the company that runs GDAX, an exchange for the ethereum digital currency, announced that it would pay back investors who lost money. If Monday’s market performance for the cryptocurrency is any indication, that move didn’t reassure investors. Read more… Continue Reading at http://gizmodo.com

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Hot New Cryptocoin Exchange Pledges to Pay Back Losses Following Flash Crash

Cryptocurrencies are risky as hell. A new competitor in the blockchain currency world, Ethereum, has recieved a lot of attention recently for its ridiculous gains in value. Many feared that a flash crash last week was a sign of shady dealings on the exchange, but the company behind it is reassuring investors that…Read more… Continue […]

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Reddit Users Lose Real Money After Meme Currency Bot Dies

Another day, another cryptocurrency clusterfuck. This week, the creator of the tipping bot “dogetipbot”—a service that let Reddit users “tip” each other in Dogecoin—announced that his company is broke, he’s broke, and the bot is broke because he spent all the coins, after he himself ran out of money. Read more… Continue Reading at http://gizmodo.com

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