UNICEF Launches Innovative Project Calling Gamers to Mine Ethereum for Syrian Children

UNICEF has launched a new type of fundraising pilot project on the ethereum blockchain and is asking for gamers help to mine cryptocurrency for Syrian children. After seven years of war in Syria around nine million children risk losing emergency help due to a lack of financial support, according to the UN agency. In a bid to solve this issue, UNICEF launched Game Chaingers to recruit gamers from all over the world in a united effort to mine cryptocurrency with the maximum amount of computing power. In a first of…

Why Employers Can’t Pay You in Cryptocurrency | News

With the help from recent news headlines chronicling the substantial increase of some cryptocurrencies, more members of the public are discovering what people who’ve dealt with digital currencies like Bitcoin already knew. Although volatility is constant, it is possible to become wealthy with Bitcoin and similar non-physical forms of money. So you might be wondering, why isn’t it possible for your workplace to pay your wages in cryptocurrency? Some employers actually do – we’ll cover those later. But first, let’s discuss four barriers that make widespread adoption of that payment…

NIST Blockchain Report Examines the Tech Behind the “Hype”

The National Institute of Standards and Technology (NIST) has issued a report titled “Blockchain Technology Overview.” The report, intended to provide a high-level technical overview, discusses the application of blockchain technology to electronic currency in depth, and also discusses its broader applications. “We want to help people understand how blockchains work so that they can appropriately and usefully apply them to technology problems,” said NIST computer scientist Dylan Yaga, who is one of the authors of the report. “It’s an introduction to the things you should understand and think about…

All Eyes on Tether Amid Crypto Pull Back | News

Tether is under the spotlight amid a massive pullback in the cryptocurrency market. The top 50 cryptocurrencies saw massive price corrections last week, coming to a head on Feb. 2. The total market capitalization dropped to just over $400 bln at the time of writing– amid massive uncertainty across the board.  Almost overshadowed, but not forgotten, is the news that Bitfinex along with Tether received subpoenas from US regulators in December, who have had their eyes on the exchange and cryptocurrency. This in itself is understandable, but industry experts have…

Bitcoin Dips Below $7k Amidst News of China’s Full Ban… | News

Bitcoin (BTC) hit a new multi-month low on Monday, Feb. 5, dropping below $7,000 for the first time since the middle of November 2017. According to Cointelegraph’s price index, BTC reached as low as $ 6,661.51 on Monday, losing at least 11 percent of value in the 24 hours to press time, and about 60 percent over the last 30 days. The sharp drop of Bitcoin was mimicked by the prices of altcoins, with the top 50 coins losing up to 31 percent of value over the last 24 hours.…