CoinDesk has recently reported that according to mining farm operators in South West China, Bitmain is setting to invest hardware to the tune of $80 to $100 million for their own cryptocurrency mining operations. The company which typically derives the vast majority of its revenue from the sale of such hardware may be sensing changing conditions given its purported willingness to dedicate this hardware to its own mining.   The price of cryptocurrency market leader bitcoin is down 80% from... Read More

How to make Bitcoin and blockchain scalable has long been an important point of discussion. Many see Bitcoin and the blockchain technology that it runs upon as having little value if they fail to reach the speed offered by other technologies.   As it stands, it takes ten minutes for a block to be added to the Bitcoin blockchain. With many envisioning blockchains being applied to enterprise use cases, developers are constantly striving to come up with the best solution... Read More

We have recently seen the behemoths of business take a significant interest in cryptocurrencies and blockchain technology. The big four accounting firms have all launched divisions dedicated to blockchain while firms that have previously renounced the use case for cryptocurrencies decide to launch their own. Both JP Morgan and Facebook, two companies among the largest publicly traded companies in the world, have both announced their plans to launch cryptocurrencies. In this latest Cryptolinks post, we delve into how similar the... Read More

Gaming is a $135 billion global industry. But can blockchain have any part to play in this? The answer from Ripple is a big yes with the recent announcement of a $100 million fund to spur development of gaming applications to be built upon blockchain technology. The fund is going to be overseen by the recently forged Forte company which was just established in February. The Forte company was started by Kevin Chou who has been a prominent figure in... Read More

Binance quickly rose to dominate the cryptocurrency exchange business. The exchange only launched in July of 2017 despite most other major exchanges launching in 2012 or earlier. Binance completed its ICO in July 2017 raising $15 million to fund the development of its exchange. By January of 2018, it had already progressed to the point where it accounted for the largest amount of trading volume among top cryptocurrency exchanges. Binance has been expanding into several other areas of business such... Read More

Coinbase is one of the most well known and longest operating cryptocurrency exchanges. It is one of the most liquid exchanges and is often the first place that newcomers go when they are making their first cryptocurrency purchase. However, recently a social trend has been starting against Coinbase advocating that users delete their Coinbase account. Known as #DeleteCoinbase, this trend has picked up some momentum but is it a legitimate threat to the dominant position of Coinbase in or is... Read More

We see them ranked among the top cryptocurrencies constantly. But did you know how they all started? In this post, we cover the background to some of the biggest cryptocurrencies by market cap.   Bitcoin   On the 31st October 2008, amid a financial crisis that shook the world, a mysterious pseudonymous programmer called Satoshi Nakamoto shared the Bitcoin whitepaper with the Cypherpunks mailing list. The Cypherpunks mailing list had built a wide variety of subscribers with discussion oriented around... Read More

The native token of Binance exchange, Binance Coin (BNB), has been rising up the cryptocurrency market cap ranks over the past week surpassing Tron in terms of total market cap. The exchange itself managed to surpass decades old Deutsche Bank in terms of profit last year. In this latest blog post, we take a delve into what is separating the Binance business from other exchanges and why its token is continuing to outperform.   The History of Binance   It... Read More

Recently released research by CoVenture, an alternative asset manager with a division dedicated to cryptocurrencies, has highlighted that we cannot trust the volume figures we see for exchanges in a lot of cases. The report delved into different ways that exchanges artificially pump up their transaction volumes. The report was generated using data and research compiled from CryptoCompare, CoinOne, and the Blockchain Transparency Institute.   Who are the main culprits?   Several exchanges which are commonly among the top exchanges... Read More

Traders and XRP enthusiasts alike have long been anticipating the listing of the third largest cryptocurrency by market cap – Ripple’s XRP – to Coinbase. Coinbase, one of the first and largest cryptocurrency exchanges, announced that they are adding support for XRP. The listing will take place in several phases which will progress from the exchange initially only accepting deposits to finally facilitating both limit and market orders. This several step rollout will be done to ensure sufficient amounts of... Read More