Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other types of consensus algorithms have been effective at being secure while […]
2gether, a Spanish banking platform, has announced the launch of its prepaid Visa debit card that allows holders to pay for goods and services using cryptocurrency. Customers can use the card to make payment in euros or via bitcoin core, bitcoin cash, ripple, ethereum, EOS, litecoin and stellar. Also read: Cboe Discontinues Bitcoin Futures for […]
Kraken has launched margin trading for Bitcoin Cash pairings, now supporting leveraged trading for BCH/XBT, BCH/USD, and BCH/EUR markets. The exchange has also launched margin trading for XRP, now offering up to 5x leverage on XRP pairings. Also Read: Bitcoin Cash Mining Showcased at the Houston Rockets Game Kraken Launches Leverage Trading for Bitcoin Cash and […]
On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. Also read: Google Trends Reveals One of the Top Questions […]
In Thursday’s installment of The Daily, we report on a highly anticipated stablecoin project that’s failed before it’s even launched, and explore the strangely centralized world of crypto Twitter. First though, we’ll start with the news that a third party app has made it possible to pay for your Uber ride using BTC. Also read: Benchmark […]
Coinbase has announced that it plans to list over 30 cryptocurrencies, with many more to follow. In its largest listing spree to date, the California-based exchange will add dozens of cryptocurrencies in the coming months, including dai, mana and neo. Moving forward, Coinbase ultimately plans to add over 90 percent of “all compliant digital assets.” […]
Bithub Africa has started using off-grid solar power to mine bitcoin and ethereum. John Karanja, the founder and chief executive officer of the small Kenyan mining operation, hopes to spread the technology to the rest of the continent while exposing the lie that cryptocurrency mining poses a danger to the environment. Also Read: U.K Government Moots […]
“Alaska, thanks for bearing with us,” popular smartphone trading app Robinhood tweeted. “Trade Bitcoin and other cryptocurrencies, commission free.” Mere days after, it announced the same for Oklahoma. Residents of the two states can now trade bitcoin cash, dogecoin, ethereum, ethereum classic, and litecoin on its platform. Also read: Colombia Crypto Exchange Asks New President […]
Coinbase, a traditionally timid exchange when it comes to listing cryptocurrencies, has dramatically changed its stance. The California-headquartered firm has now opened its doors to applications from altcoins. Assets deemed suitably robust and eligible for its listing criteria are likely to feature on Coinbase in the near future. Also read: Coinbase Custody is Eyeing Some Odd […]