Tag: Cryptocurrency

AP Photo/Ahn Young-joon

China Gears Up for Digital Currency Launch in 2019

Outgoing People’s Bank of China governor Zhou Xiaochuan held a press briefing on Thursday in which he dropped a few hints about the launch of China’s new digital currency, known as “DCEP” for Digital Currency Electronic Payment.

A laptop featuring the logos of Bitcoin (BTC), the Basic Attention Token (BAT), and Factom's Factoid (FCT).

Fact Check: Bitcoin Skeptics Claim ‘Nobody Has Come Up with a Use for Blockchain’

It’s been a tough time for new owners of Bitcoin. After the decentralized digital currency rocketed to prices of $20,000 for one whole BTC, those values dropped roughly 50 percent and have bounced back and forth between $10k and $12k for the past week. And, while the asset’s 9-year history suggests the bear market won’t last forever, Bitcoin critics are out in force warning the recent adopters that the fundamentals of their investment are not sound.

Dulis: My 5 Favorite Altcoins for Mining in 2017

This was the year that I finally jumped down the rabbit hole known as “cryptocurrency” — decentralized, blockchain-based digital money — and a big part of what sparked my interest was the concept of “mining,” or using my computer’s processing power to mint new units of these “coins.”

Bitcoin held in front of a computer screen showing a price chart on Coinbase.

The Bitcoin Community Is Furious with Coinbase’s Surprise Launch of ‘BCash’

Bitcoin owners and enthusiasts spent Tuesday night and Wednesday morning raging against Coinbase — one of the most popular apps for exchanging U.S dollars to blockchain-based digital currencies — after the trading platform unexpectedly began exchanging BTC’s controversial rival “Bitcoin Cash,” then quickly crashed as its new product became illiquid.