Sentences with phrase «by the cryptocurrency of»

With the cross-platform capabilities of Bitcoin gambling, and the global accessibility provided by cryptocurrencies of all kinds, you are able to enjoy Bitcoin betting from almost anywhere in the world.

If borrowers pay on time, then they'll be rewarded point system whereas lenders loan is secured by the cryptocurrency of the borrower.

Not exact matches

Adding to the Bitconnect concerns was a crop of attempts by apparent scammers to take advantage of the confusion to trick users into handing over the contents of their cryptocurrency wallets.

Gamers use GPUs to play high - quality video games, but Nvidia's high - performing cards are also now used by those building machines to solve the complex math puzzles used to validate transactions and earn more of cryptocurrencies like Ethereum and bitcoin.

Bitconnect had recently been accused of running a Ponzi scheme — the financial fraud most famously perpetrated by Bernie Madoff — by several influential investors, including Ethereum co-founder Vitalik Buterin and billionaire cryptocurrency investor Mike Novogratz.

The cryptocurrency space has always been driven by a core group of passionate advocates, motivated by a radical libertarian ideology focused around decentralision and the power of cryptography.

Since Ripple controls 61 % of the world's supply of XRP coins — 61 billion out of 100 billion in total — the gains placed Larsen's personal position in the cryptocurrency as well as his share of the XRP owned by his company at a dizzying total of $ 59.8 billion.

Expect nation - by - nation regulation of cryptocurrency, perhaps a requirement that national cryptocurrencies be decoupled from international systems, and maybe even a government issued cryptocurrency in the longer - term future.

The value of the cryptocurrency bitcoin is melting down Thursday, having dropped 20 % against the dollar by midday Eastern Time in only two hours of frantic trading.

But as it and other digital «cryptocurrencies» have evolved, along with the public ledger system that makes up the blockchain, much of the bitcoin economy has been increasingly overtaken by big money — or by entrepreneurial prospectors who want to grab a piece of the bubblicious ICO phenomenon.

Blockchain, a shared ledger of transactions maintained by a network of computers on the internet, is the technology that underpins cryptocurrency bitcoin.

Holders of the cryptocurrency Ethereum had spent more than $ 2 million on virtual kittens by Sunday night, bought and sold over a new blockchain - based game called CryptoKitties.

The first major one was selling by the trustees of collapsed Japanese cryptocurrency exchange Mt.Gox.

Many international exchanges are essentially unregulated, and even U.S. - based cryptocurrency exchanges are not protected by any sort of consumer insurance along the lines of FDIC coverage for bank deposits.

Now, MetaStable owns about a dozen different cryptocurrencies, including Bitcoin (which one of the fund's co-founders, Lucas Ryan, originally received for free in 2011), Ethereum, and Monero (of which the fund holds nearly 1 %, or about $ 6 million worth, of all outstanding coins), according to a pitch deck seen by Fortune.

To date, much of cryptocurrency's rise has been due to speculative investor activity, excited by quick, wild price swings.

Following on the sale of the Petro, Maduro has said that he plans to launch a cryptocurrency backed by gold next week, Reuters reports.

This is an eyebrow - raising request, since the immutability of transaction records is one of the core features of cryptocurrency, and held as sacrosanct by many supporters of the technology.

While Bitcoin surged last year along with other cryptocurrencies, much of that more than 20-fold rise was driven by men.

Increased regulatory scrutiny, Google banning cryptocurrency - related ads, and continued bitcoin selling by the trustee of Mt.Gox, was behind the fall in cryptocurrency prices.

According to cryptocurrency news site The Merkle, at least some users at that time were already suspicious that the site was maneuvering towards a so - called «exit scam,» and the price of Nano dropped by 20 % on the news.

The man who called bitcoin's rise to $ 10,000, fund manager Michael Novogratz, has over 20 percent of his net worth in cryptocurrencies and told CNBC that he sees the possibility of it reaching $ 40,000 by the end of next year.

Around 21 percent of wealth advisers surveyed by Knight Frank said their clients increased investments in cryptocurrencies in 2017.

Bitcoin fell by another $ 300 on Tuesday after the fallout of a Chinese ban on cryptocurrency crowdfunding methods saw the price of the digital coin slump earlier this week.

Bitcoin hit a low of $ 4,037 Tuesday - falling by more than $ 300 - as it continued to digest a Chinese clampdown on cryptocurrencies

The so - called TON (Telegram Open Network) will «host a new generation of cryptocurrencies and decentralized applications,» according to a white paper reviewed by Business Insider.

Bitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of computers.

Bitcoin.com - not to be confused with the non-revenue making bitcoin.org - was founded in 2015 by bitcoin investor Roger Ver, and provides a range of services related to bitcoins, including a bitcoin casino, news services and its so called bitcoin «mining pool» - the site's biggest single source of revenue - where it forges new units of the cryptocurrency to be released for trading.

The cryptocurrency was down by as much as 45 % from its recent high of nearly $ 20,000, though it has recouped much of the loss.

John Sarson of Blockchain Momentum says that tighter rules on cryptocurrencies are welcomed by sophisticated investors.

One of Royds Withy King's three cryptocurrency cases involves an original investment of 80,000 pounds ($ 111,600) made by a spouse in November 2016.

Kim's exit, first reported by Bloomberg News, is among a handful of high - profile transitions from Goldman Sachs to cryptocurrency start - ups.

But he says Fidelity continues to learn valuable lessons, including about recent campaigns by miners to create so - called «forks» in blockchains, which serve as an immutable record of all cryptocurrency transactions.

Cryptocurrencies will experience a «heavy correction» of 90 percent leading to a «mass market wipe out,» a technology investment bank predicted in a report seen by CNBC on Wednesday.

Blockchain is best known for its use by cryptocurrencies like Bitcoin and others to keep track of transactions and ensure the accuracy of cryptocurrency valuations.

Many are open to the idea of dipping their toes in the cryptocurrency world whether it's by backing crypto hedge funds or participating in ICOs directly.

Friedman notes that leading investors such as Ray Dalio, founder of investment firm Bridgewater, called Bitcoin a «bubble,» while Jamie Dimon, CEO of JPMorgan, has criticized non-flat cryptocurrency, which is currency not backed by a government.

In the case of national cryptocurrencies, the blockchain technology would supplant the clearing process now handled by commercial banks, undermining an important revenue stream.

«The criminal profits were also laundered via cryptocurrencies, by means of prepaid cards linked to the cryptocurrency wallets which were used to buy goods such as luxury cars and houses,» Europol said in a statement.

It is thought to be the biggest theft of cryptocurrencies, surpassing the $ 400 million in bitcoin lost by cryptocurrency exchange Mt. Gox in 2014.

New York's attorney general has launched an initial probe into 13 cryptocurrency exchanges, one of them being the Gemini exchange that's run by the Winklevoss twins, Cameron and Tyler.

The price of both cryptocurrencies had retreated by early trading Monday.

An ICO is a means of raising capital by issuing and selling new crypto tokens in exchange for cryptocurrencies like bitcoin and ethereum.

Nikhil Kalghatgi, a venture capitalist and early digital currency investor, believes the cryptocurrency market is hindered right now by a shortage of ways for big investors to deploy hedging strategies.

Plus500, which is listed in London, said the performance was down to a surge in new customers, drawn in by the return of market volatility and the continuing interest in cryptocurrencies.

The launch of the bitcoin-esque cryptocurrency, called the petro, is viewed by many onlookers as a somewhat desperate attempt to secure cash amid an unprecedented economic meltdown.

LONDON, April 12 - Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two - week highs, with people active in the market citing a squeeze on traders who have bet against prices, given a lack of obvious news to trigger the gains.

NEW YORK, April 18 - A start - up launched by three Princeton University graduates for a new cryptocurrency has raised $ 133 million from a slew of big investors in a private placement, Intangible Labs Chief Executive Officer and co-founder Nader Al - Naji said on Wednesday.

LONDON — Revenue at trading platform Plus500 jumped 284 % in the first quarter of the year, led by a surge in cryptocurrency trading, the company said on Tuesday.

Just over a month ago Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG, and State Street joined UBS and BNY Mellon in a project to launch a cryptocurrency — the «utility settlement coin» — set for a limited back - end run by 2018.