Talk of cryptocurrency and blockchain-powered gadgets inevitably spiked alongside the hype for token prices. But looking back, have they delivered any meaningful changes to users, or are they just another result of the hype synonymous with the space? The surge of interest in the space came to a head in 2017 as Bitcoin (BTC) hit never-before-seen highs of around $20,000 before crashing dramatically and entering the bearish crypto winter. While the collapse left devastation in its wake, the months of focus brought Bitcoin, cryptocurrency and blockchain technology into the mainstream consciousness like never before. Many projects were conceptualized and brought …
Bitcoin has had a rough week, down around 9 percent and trading below $6,700. Ross Ulbricht, the founder of Silk Road, believes we’re in a bear market that could even take the price under $3,200. Ulbricht is serving two life sentences for money laundering, computer hacking, and conspiracy to traffic narcotics. Mike Novogratz disagrees. The famed investor and CEO of Galaxy Digital Holdings Ltd., is seeing greater adoption of Bitcoin, including among hedge funds and high-net worth individuals. He’s shorting stocks but believes “this is the time for Bitcoin.” It’s certainly time for debt. The US national debt has now …
Vitalik Buterin, the co-founder of Ethereum, voiced a low opinion of the idea of cryptocurrency mining via mobile phones. Tweeting on April 13, Buterin said mining on mobile phones “is a fool’s game,” referring to the announcement by mobile phone manufacturer giant HTC to allow users to mine Monero (XMR) through its blockchain phone, Exodus. Ethereum’s co-founder added the following in reaction to the announcement: “[It] goes against everything we know about hardware economies of scale and more likely to trick users with false hope than help them.” Furthermore, he added that “staking on phones,” on the other hand, is …
Mobile phone manufacturer giant HTC will allow users to mine Monero (XMR) cryptocurrency through its blockchain phone, Exodus, according to an announcement made on April 10. The announcement said that thanks to the partnership with the ASIC chip design firm Midas Labs, the Taiwanese company would be able to mine Monero through an application called DeMiner, which will be available for download in Q2 2020. Saving costs in mining activity Due to growing concerns that cryptocurrency mining activity involves high energy consumption, and therefore high costs, HTC ensures that these levels can be reduced by transferring work to mobile devices. …
Electronics giant HTC has announced a new privacy-focused portable 5G blockchain router that enables users to run a full Bitcoin node. Due to arrive by mid-year, the Exodus 5G Hub follows on from the success of the Tawainese manufacturer's Exodus 1 phones, which also have the ability to run nodes. The Hub provides 5G connectivity to all internet enabled devices and uses Zion Vault software to enable users to store Bitcoin, Ethereum (including ERC-20 and ERC-721 tokens), Binance Coin, Litecoin and Stellar. The software offers security features including social recovery for private keys, meaning you can breakup, encrypt and share …