The price of cryptocurrencies may be steadily going down the tubes, but true believers are still hanging on to the blockchain dream. Justin Sun, the founder of Tron, is still all in. After buying BitTorrent for $US150 ($205) million this winter, he now says that he's investing $US100 ($137) million to build video games on the blockchain.
Tagged With cryptocurrency
A decade ago, no one would have guessed NVIDIA's booming business would be selling hardware to data centres and that revenue from cryptocurrency miners would be on the decline. Or, you know, that cryptocurrency is even a thing. Yet, here we are in 2018, with NVIDIA's latest investor update covering these very issues.
The latest network to be targeted by cryptojackers is Google's advertising service on YouTube.
We're hitting a sort of news singularity with Bitcoin at this point. The rush to report price changes can't keep pace with the reality. In 24 short hours, its trading price has gone from around $US12,000 ($15,909) to $US16,000 ($21,212). Now the biggest question is: How long is it going to be before these investors are putting us all at risk?
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 are gathering and breeding fictional cats in hopes that they will eventually be able to turn their furry $5 investments into hundred thousand dollar payouts.
Bitcoin and other cryptocurrencies have floated under the radar in the past. But in the past few months, these altcurrencies have experienced an explosive amount of growth — and it's only the beginning. With the #1 Cryptocurrency Investment Course, you can take advantage of the current state of the market and make a hefty payout buying and selling crytocurrencies — plus, it's on sale for only $15.
File-sharing websites are not exactly known for their sterling reputation, though a few such as famed torrent site the Pirate Bay have been around for long enough while generally avoiding shady behaviour they have acquired a certain cachet with the internet community.
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 such as Bitcoin, a growing group of game-makers are embracing some gamers' tendency to turn in-game currency into real-world money.
Crypto-currencies such as Bitcoin and Litecoin are still regarded by many as a novelty, or even unsavoury, considering the former's association with Silk Road, an online market for illicit goods. Dogecoin, on the other hand, has no such ties and thanks to the currency's unique properties (and likeable mascot), has found itself as the fourth most-traded crypto-currency... and soon a tipping commodity on Twitch.