Tag Archives: Op-ed

TRON’s Just.Game becomes No.1 Dapp within hours of launch. Over 500 million in TRX has been sent to the automated smart contract. Critics say the app’s structure too closely resembles that of a Ponzi scheme. A new decentralized application (Dapp) promoted by TRON founder Justin Sun has racked up over 500 million TRX mere hours after its launch. Just.Game describes itself as an “autodecentric (self-decentralizing) organization.” To play the “game,” a user must send TRX to the Dapp’s smart...

Video shows user double-spending BTC transaction by taking advantage of RBF (Replace By Fee) and zero-conf transactions. Controversial features have been a topic of hot debate among Bitcoin developers for years. A simple four-step guide details how to easily purchase goods with Bitcoin and still keep your money. A weakness has been found in the Bitcoin code which apparently makes it possible to spend BTC transactions twice. By taking advantage of Bitcoin’s RBF feature (Replace By Fee), a...

Bitcoin scam victim makes an appeal to authority – but no such authority exists. The independence afforded by Bitcoin and other cryptocurrencies is a double-edged sword. In crypto, no one can hear you scream. A cryptocurrency user appeared on the Bitcoin subreddit seeking legal recourse after becoming the victim of a Bitcoin (BTC) scammer. After losing $200 worth of Bitcoin, the Redditor sought out a legal authority to whom they could report the crime. But in the cryptocurrency world, any...

TRON founder Justin Sun wants to give $1 million to help aid Greta Thunberg’s climate change initiative. Sun claims cryptocurrency itself will contribute to decreasing the world’s carbon output. But in terms of energy efficiency, cryptocurrency remains vastly less efficient than current digital payment methods such as VISA. TRON (TRX) founder Justin Sun offered to donate $1 million to Greta Thunberg’s climate change initiative. TRON: Justin Meets Greta Sun says he shares Greta Thunberg’s...

Bitcoin was born in myth and continues to dwell there. It’s too early to know if BTC will end up a hero or a villain. Bitcoin has a story to tell, but this isn’t a fantasy novel. Bitcoin’s creation story borders on the mythological. A life-changing technology created by the pseudonymous, anonymous genius Satoshi Nakamoto, who then vanished out of sight. With that in mind, is it any surprise that much of the bitcoin hopium continues to be fuelled by well-meaning fantasy? Here are five...

New cryptocurrency “Designed for 10,000x Returns” draws crypto community ire. Critics say the coin’s creator will hold 45% of the entire coin supply after the first year. Not a Ponzi, not a pyramid – a new breed of scam coin. A new cryptocurrency is attempting to pick up where BitConnect and OneCoin left off – enter HEX (formerly BitcoinHEX). According to the HEX.win website, HEX has been “designed for 10,000x returns”. While you ponder why your own favorite cryptocurrency wasn’t designed...

Bitmain, a leading bitcoin miner, has secretly filed for an IPO that is sponsored by Deutsche Bank, a German multinational company, as reported by Tencent News. The company has been struggling to bounce back since crypto winter. The black swan event dampened demand for cryptocurrency mining machines, causing profitability to plummet. The reported secret filing with the U.S. Securities and Exchange Commission (SEC) will help raise badly needed capital. Bitmain is reportedly looking...

Almost out of nowhere, the bitcoin price surged by 40% within a matter of hours. The rally brought out the bitcoin bulls, along with their starry-eyed price forecasts. But what if this historic bounce is also the last one the cryptocurrency will ever see? After dropping for months, bitcoin’s price spiked 40 percent when China’s president announced the country’s embrace of blockchain technology. This marked the third-biggest 24-hour rally in bitcoin’s history and sent the cryptoverse...

The same core tenets of investing that govern prudent stock market trading also apply to the crypto market. Even expert stock pickers struggle to outperform the market, which is why index funds have become so popular. The crypto market could experience a similar transition toward index-based investing. Though crypto fundamentally transformed the way value is exchanged, the core tenets of investing remain the same. The crypto market is a very young version of the stock market in the...

General Electric (GE) has decided to freeze its pension plan, removing two of the key features that have come to be associated with retirement savings – secure and guaranteed – for tens of thousands of employees. GE isn’t the first company to pull the plug, but as one of the oldest traditional companies in corporate America, it sends a strong signal to employees that they can no longer bank on their employer for retirement benefits. Now, instead of shouldering the risk for employees, GE...