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Pump and Dump in Crypto: Cases, Measures, Warnings

The pump and dump, an age-old scheme to quickly raise the value of a worthless asset and then selling it to reap the profits from the price increase. Not only is the pump and dump illegally under the securities laws, but it is also extremely popular in the world of Blockchain technology, cryptocurrency, and digital assets.How does it workIn a pump and dump scheme, the price of a worthless asset-us

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Riot Blockchain Gets Hit by Another Shareholder Lawsuit

After changing its name to Riot Blockchain in October to include the word “blockchain,” the public company watched its stock skyrocket from $8 a share to more than $38 during a cryptocurrency rally at the beginning of the year.The first significant problem was the company did not have any real focus on blockchain technology. Before October, Riot was known as Bioptix, a maker of diagnostic mach

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China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds

Chinese mining hardware giant Bitmain has reportedly made higher profits in 2017 than long time American graphics processing unit (GPU) manufacturer Nvidia, CNBC reported Feb. 23.CNBC writes that according to a report published Feb. 21 from investment research company Bernstein, the four-year-old Bitmain reportedly made between $3 and $4 billion in operating profit in 2017, whereas Nvidia, founded

Altcoin Analysis: NEO, EOS, LTC, DASH and Lumens (XLM)

We are seeing a change of fortune as far as price action and altcoins is concerned. LTC, Lumens and DASH are on the fore front printing clear bull patterns that awaits confirmations today.Besides these three, we remain neutral on EOS unless we see a close above $9.5 while NEO is also encouraging as scalpers can enter this trade and aim at $130 in the short term.Let’s have a look at these charts:

Asian Altcoin Trading Roundup: Nano is Leading the Way

There has been an unexpected turnaround this morning and the markets have rebounded a little. Weekends are usually times when selloffs occur, led by Asia, but today everything is in the green once again. Bitcoin is leading the pack with a 7.5% recovery on yesterday’s prices to $10.500, altcoins have followed it back up, many by double digits. One as usual stands out from the rest and it is one w

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Mining Boom: Bitmain’s Profit Over $3 Billion According to Researchers

Beijing-based start-up Bitmain now dominates the Bitcoin mining industry. Last year it is estimated the company made as much money as chipmaker Nvidia did, according to estimates from researchers at Wall Street analyst Bernstein. Based on conservative estimates, the analysts calculate that Bitmain made $3 to $4 billion in operating profit last year. Bernstein’s U.S. semiconductor

Decentralization to Drive Advertising Benefits for Businesses & Users

Just as decentralized economies have reduced the obligations of customers towards monopolistic central banking conglomerates; a new contender has similarly emerged in the ‘Search engine’ field that may just change Data Services and the Digital Advertising sector entirely.It’s calledBitclave, and it’s a decentralized blockchain based platform with integrated tools which allow businesses to

Despite Slow Start, Analysts Believe 2018 Could be the Best Year for Bitcoin

Cryptocurrency markets are not off to a good start in 2018. Most markets have lost nearly half of their value during the first few weeks. This most recent dip has pushed the momentum back as well. Even so, analysts are convinced this year will be very bullish for all cryptocurrency markets in the long run. Especially Bitcoin may see some big gains.Bitcoin Scalability Improvements?All cryptocurrenc

Sharing Is Caring in the World of Crypto Pool Mining

The Bitcoin was not born in 2017 but it certainly hit the mainstream that year, irrespective whether the news that propelled the cryptocurrency to the front pages of newspapers was for the good reasons or not. The returns that the early adopters of the digital currency were able to achieve last year were truly astronomical, as the price surged past key technical levels only to falter just under $2

Venezuela Orders Government Services to Accept Any Cryptocurrency

Featured Venezuela’s president Nicolas Maduro has ordered the country’s consular services, as well as several other services and gas stations, to accept any cryptocurrency including the nation’s own petro. In addition, he has announced the launch of another cryptocurrency, this time backed with gold.Also read: Indians Look to Buy Bitcoin O

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