Altcoin News

Latest Altcoin News ✅ – Stay up to date with the current news as it happens. Altcoin, or alternative coin, is a term used to describe all cryptocurrencies that aren’t Bitcoin or Ethereum.

Here’s a quick summary including some of the characteristics of the various coins:

  • Thousands of altcoins have appeared since Bitcoin’s debut.
  • They vary in their design and goals, but the vast majority are powered using blockchain technology.
  • The economic model behind these coins varies, as does their distribution methods.
  • Their mining algorithms can differ. Some use proof-of-work to reach consensus, others use proof-of-stake.
  • Many altcoins are “smart contract ready,” meaning that applications can be built on top of them.
  • Some coins built for particular sectors or purposes, such as supply chain management or data storage.

Node Counts Increase as Blockchain Networks Expand

In laymen’s terms, a full node refers to a computer that is connected to a specific cryptocurrency blockchain network, which downloads all transactions and...

Bitconnect: What Went Wrong

Experts have long warned users to be wary of Bitconnect, the cryptocurrency-based platform which allows peer-to-peer lending systems. The company has come under fire...

Investor Loses $500k Life Savings on Bitconnect

He made the post on r/Bitconnect which has recently been closed off from the public. The subreddit can now only be accessed with an invite. u/litecoin...

Bitconnect Ordered To Cease and Desist

Earlier this week, the Texas Securities Commissioner (TSC) issued an Emergency Cease and Desist Order which effectively shut down the popular cryptocurrency platform, Bitconnect....

Cryptocurrency Market Cap Maintains Value of $600+ Billion

Less than a week ago, the cryptocurrency industry broke records once again as its total market cap hit the $600 billion mark for the...

Chinese Real Estate Investors Expand to Cryptocurrency Market

A real estate expert, known by his surname of Chen, from the Wenzhou region, established a team of twenty real-estate speculation investors almost a...

Latest Monero Wallet Scam Aims to Pocket Users’ Monero Funds

Monero’s latest rise in popularity seems to have encouraged emerging scams targeting the cryptocurrency. Despite the rising demand, there has been a glaring gap...

Hackers Steal $655,000 of Verge Coins Using CoinPouch Hack

The team behind the cryptocurrency, Verge, as well as the CoinPouch team, both recently confirmed that over $655,000 worth of Verge coins had been stolen...

World’s Fastest Blockchain? Waves Stress Test Reveals 190 TX/Second

Scalability is a hot topic in the world of blockchain. It has been cited as the main reason for the last several Bitcoin hard...

YouTubers To Earn Cryptocurrency

Content creators and their websites have avidly been looking for other ways of generating income. Banner ads have become less and less lucrative, and...

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