MintDice Blog

Bitcoin trading is a common practice in the cryptocurrency space but, what incentives does it offer? Why should anyone trade it? Before going into trade, it is important to know how advantageous the practice can be, what to expect and what comes off as unrealistic expectations.

The research arm of Japanese technology giant Sony, recently announced the creation of a new cryptocurrency hardware wallet to compete with the likes of Trezor and Ledger Nano S — currently on the market. According to the company, the cryptocurrency wallet will use a contactless technology to store digital currencies like Bitcoin, Ethereum and Litecoin.

Floyd Mayweather and DJ Khaled were reportedly involved in a scandal concerning an illegal cryptocurrency scam. Both celebrities have been hit with class action lawsuits from investors who accused them of participating in this scam.

The emergence of Bitcoin as a store of value generated a high demand for platforms where people could exchange their fiat currency. As a result, Bitcoin exchanges began to pop up, and in 2011, when people outside the software development sphere were beginning to discover the potential of Bitcoin, Kraken was born.

The Titanium Blockchain fraud involved an inflation scheme that allowed it to profit from deceiving investors. It entailed orchestrating a social media campaign, using fake testimonials and false claims of corporate relationships with over thirty well-known companies, to create the illusion of credibility and expertise to unsuspecting investors.

In 2018, the blockchain landscape was a mix of negative and positive events that were in equal parts hectic, eye-opening and indicative of future developments within the digital currency industry. While a lot of these companies are great, some show the potential to achieve great things and hit new milestones in 2019.

As the world of blockchain continues to undergo rapid development, several companies have come into the limelight. One of such companies is HIVE Blockchain, a mining firm that seeks to bridge the current gap between capital markets and blockchain innovation.

While banks and large corporations have generally been skeptical towards blockchain, some have shown enthusiasm like banking giant, J.P.Morgan Chase. The bank has recommended three blockchain stocks that investors can add to their portfolios.

One of the major ways cryptocurrency holders can earn a profit is through mining. Since a lot of digital currencies are underpinned by blockchain technology, mining is a common process in the industry. However, with Ripple, miners meet a dead-end: the currency is not mineable.