Equity markets and cryptocurrency markets alike plowed forward in 2017. Each market saw incredible gains throughout the year, especially cryptocurrencies. Unfortunately, that trend reversed in the beginning of 2018. Cryptocurrency markets started to see consistent losses, and even equity markets took a temporary tumble. Most equity markets saw better gains…
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99Crypto
Privacy concerns are just some of technology's recent red flags
Technology is unarguably - well, there are solid arguments against the current, advanced state of technology and future developments in the field - great for society, including you, me, your parents, peers, coworkers, and literally everybody else on planet Earth. Farmers in Africa use mobile devices and satellite Internet in…
Big Banks Get Into Blockchain Data Systems
According to a recently-published patent filing, Bank of America has, since October of 2016, been pursuing a patent on a blockchain-based data storage system. This system would use blockchain's authentication capabilities to store data securely while providing access only to authorized users. As described by the patent brief, the data…
New Cryptocurrency Mining Farm to be Located in Siberia
It was recently announced that a new cryptocurrency mining farm will be created in Krai located in Siberia. This mining farm will be one of the largest of its kind in the entirety of Russia according to the director general of BitBaza, a cryptocurrency mining company. The company reportedly chose…
JP Morgan Chase patron sues bank over cryptocurrency fees.
One of the world's largest financial institutions, JP Morgan Chase, is on the receiving end of a lawsuit levied by plaintiff Brady Tucker, a customer of the bank. Tucker claims he received $143.30 and $20.61 in fees and interest, respectively, for specific cryptocurrency transactions he made throughout the…
The Dark Side of Cryptocurrencies
Cryptocurrencies are of much concern to government authorities around the world for several reasons: they might undermine the standard of currencies issued by central banks, resulting in potential economic depressions worse than ever seen before; they're unregulated, which means activities involving cryptocurrencies could defraud investors of their personal wealth; and…