Crypto wallet provider Blockchain will distribute cryptocurrency to millions of its users in what appears to be the largest such giveaway of its kind. The giveaway airdrop will see recipients each get about $25 worth of the cryptocurrency commonly known as Stellar as part of an overall distribution worth $125 million. Stellar is currently the sixth [...]
Chris Larson is first Cryptocurrency billionaire on Forbes 400
StartEngine Crowdfunding Inc. (https://www.startengine.com/) has its third StartEngine Summit on October 19th, 2018 in Los Angeles, CA. Nextbigcoin readers can use the discount code "NEXTBIGCOIN" will get 20% off tickets. Buy tickets at this link. Tickets are normally $450 but are $360 with the discount. This conference focuses on ICOs, the tokenization of securities and alternative [...]
Blockchains are not for simple raw efficiency. The creator of Ethereum, Vitalik Buterin, explained how Ethereum is one million times less efficient than Amazon EC2 for computing, network and storage at this time. Ethereum World Computer Compared to Amazon EC2 Cloud prices Looking at Amazon EC2 (cloud) pricing. For medium scale computing the cost is 4 [...]
Two men were arrested today for conning up to 1,800 people in Ghaziabad, India with a fake cryptocurrency company. The con involved 30 core (300 million Indian Rupees which is US$4.4 million). The fake company Ripple Future promised depositors to triple their deposits in 250 days. Two men were arrested today for allegedly duping as many [...]
The South Korean government is warning that the claimed discovery of a Russian shipwreck that could have $130 billion in gold might be cryptocurrency and stock market scam. Shinil Group claimed they discovered the wreck of Russian warship Dimitry Donskoi on Sunday and touted rumors that there could be 200 tons of gold coins and 3200 [...]
Coinbase is best for beginners and allows you to use your bank account, credit card or PayPal to purchase major cryptocurrencies. Binance lets you trade up to 300 different coins and the fees are far lower than Coinbase. If you want to get involved in Ripple, Stellar or many of the other coins, then Binance is [...]
Elon Musk tweets he will start Cryptocandy company. No details have been provided. I’m starting a candy company & it’s going to be amazing— Elon Musk (@elonmusk) May 5, 2018 Cryptocandy— Elon Musk (@elonmusk) May 5, 2018
In less than eight months, the founder of Binance has grown his company from an idea into the world’s largest digital-asset exchange by traded value. Binance had a $200 million profit in its second quarter of existence, and he has amassed a personal fortune that he claims is worth as much as $2 billion. Regulators around [...]
Coinlib.io is another cryptocurrency price tracking site. Coinmarketcap is the most popular cryptocurrency price tracking site. It is ranked at about the 120th most popular website online. Coinlib ranks about 40,000th currently. Coinlib currently tracks 3385 coins and tokens. Coinlib tracks 2731 cryptocurrencies and 654 tokens. Coinmarketcap tracks 1595 cryptocurrencies.
Coinmarketcap lists over 1400 alternatives to Bitcoin. There are 42 cryptocurrencies with market capitalization over $1 billion as of Jan 13, 2018. Bitcoin’s block size is 1 Megabyte. This limits the number of transactions each block can hold. Bitcoin has a maximum of 7 transactions per second. Bitcoin Cash, Bitcoin Classic, and Bitcoin XT were each [...]
