Category: Monero news

October 30th, 2017 by VK-edit

Trading 212’s app is currently the most popular trading app in the UK, from trading shares, commodities and now crypto-currencies. According to Trading 212, the contribution of crypto-currencies to its total business is significant.

Trading 212 is surfing the wave of the digital currencies market, which has increased from $10 billion to $170 billion in 2017.

Customers can already trade bitcoin, ether, bitcoin cash, dash, ripple, monero and neo. And before the year end, additional crypto currencies will be added, including ethereum classic, iota, eos, lisk, augur, zcash, qtum, omisego, cardano, ark, steem, stratis and waves. And for those who do not want to buy a full bitcoin, its Bitcoin Mini market quotes a price for 10% of the value of a bitcoin.

A key difference compared with most exchanges is that it uses contract for differences (CFDs). This may reduce the complexity and the risk of owning digital currencies but is banned in the USA.

The Trading 212 app also includes a real-time chat facility, educational tools and regular cryptocurrencies analysis.

A number of forex brokers also offer crypto-currency trading, such as InterTrader, Avatrade.com and Trade.com.

 

Posted in Bitcoin news, Cryptocurrency exchange news, Ethereum and Ether news, IOTA news, Monero news, Ripple and XRP news

September 28th, 2017 by VK-edit

Mining is the process of adding transaction records to a crypto-currency’s blockchain. Mining is designed to be resource-intensive and difficult so that the number of new blocks remains under control. Mining is also the mechanism used to introduce new Bitcoins or other crypt-currency, where miners are paid transaction fees and newly created coins.

Some websites have recently tried to utilize their users’ processing power for crypto-currency mining, and without their user’s knowledge or approval.

Pirate Bay have used a javascript miner to get their users’ computers to mine Monero. And the Showtime cable network site owned by CBS also followed a similar path this month, and also without their users’ consent.

In reply to users’ complaints, both Pirate Bay and Showtime stopped this shadow mining practice. Pirate Bay presented it as a test in their official statement: “As you may have noticed we are testing a Monero javascript miner. This is only a test. We really want to get rid of all the ads. But we also need enough money to keep the site running”

 

While the majority of users are unlikely to be happy with the additional strain on their computers, a few users have replied that they could accept their computers being used for mining in exchange for free subscription or the removal of adverts. 

In any case, ad-blockers can be used to prevent the running of javascript miners and similar code.

Posted in Cryptocurrency market news, Monero news

September 7th, 2017 by VK-edit

The crypto-currency crash earlier this week was short lived: The crypto-currency market is now back in positive territory. After a sharp 25% correction, the market has recovered over $20 billion in just 24 hours.

The crypto-currency market appears to be as bullish as ever. Even the Chinese ICO ban announced on Monday could only make a temporary dip. It is likely that the annoucement from the Hong Kong Securities and Futures Commission (SFC) that ICOs will not be in violation of Hong Kong’s SFC regulations helped with the market’s swift recovery. 

All the top 10 crypto currencies have been showing double-digit gains with litecoin, iota and monero leading the charge. And even the largest ICO tokens such as OmiseGo have also recovered quickly.

 

Posted in Cryptocurrency market news, IOTA news, LiteCoin news, Monero news