Here are the top cryptocurrency stories of the week: College Students Using Free Electricity To Mine Cryptocurrency According to research from Cisco, college campuses are the second largest sector when it comes to mining cryptocurrency. While the energy and utilities sector accounts for 34% of mining, colleges are right behind…
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99Crypto
Digital Currency Values Are Still on the Rise Across Platforms
On March 9, Bitcoin once again approached the $4,000 level. It did this as many of the other top 20 digital currencies saw modest gains. For the day, Bitcoin is up nearly 1% and is trading at about $3,960. For the week, the world's leading digital…
Ethereum founder Vitalik Buterin proposes gas fees for users.
On March 8, famed cryptocurrency developer and founder of Ethereum Vitalik Buterin issued a tweet in which he stated that Ethereum wallets should charge users gas fees. The fees would be used to support software developers. The Ethereum network currently uses gas as a means to measure computational work completed…
Russia Is a Surprising Leader of Blockchain Technology Startup Firms
Those who have followed recent political developments with Russia may be surprised to discover that the country has been somewhat of an upstart when it comes to promoting blockchain technology. While other countries have been more hesitant about immediately adopting blockchain, Russia has embraced the new technology and has even…
The Crypto World Struggles with How to View Stablecoins
Talk of stablecoins often causes investors to pause or hesitate these days. Stablecoins are typically backed by the United States Dollar. Therefore, they have a tangible value in fiat currency, so investors can trust that the coin is worth its actual value. Said value is contingent upon the stablecoin developers…
Blockchain Spending Expands to a Whopping $2.9 Billion
On March 4, researchers at International Data Corporation (IDC) issued a report that indicated that spending on blockchain solutions across the world would reach nearly $3 billion this year. IDC called the report the "Worldwide Semiannual Blockchain Spending Guide." In it, they studied 9 geographical areas and analyzed…