Tag Archives: Craze

Kik presses ‘paws’ on cryptocurrency launch, blames blockchain cat craze

Cuddly, adorable digital kitties trading on the Ethereum blockchain are to blame for a delay in distributing Kik Interactive Inc.’s new cryptocurrency to users of the Waterloo, Ont.-based messaging app. In a Q&A streamed live online Wednesday, Kik chief executive Ted Livingston said the network congestion caused by the CryptoKitties craze is an example of […]

CryptoKitties craze slows down transactions on Ethereum

Image copyright www.cryptokitties.co A new craze for virtual kittens is slowing down trade in one of the largest crypto-currencies. CryptoKitties lets players buy and breed “crypto-pets” on Ethereum’s underlying blockchain network. The game’s developers told the Bloomberg news agency that CryptoKitties was a “key step” to making blockchains more accessible. But its popularity has underscored […]

CryptoKitties craze slows down transactions on Ethereum

Image copyright www.cryptokitties.co A new craze for virtual kittens is slowing down trade in one of the largest crypto-currencies. CryptoKitties lets players buy and breed “crypto-pets” on Ethereum’s underlying blockchain network. The game’s developers told the Bloomberg news agency that CryptoKitties was a “key step” to making blockchains more accessible. But its popularity has underscored […]

The new fundraising craze – which were the top ICOs of 2017?

Despite all its myriad shortcomings, 2017 has been extravagantly kind to the cryptocurrency market. Bitcoin, Ethereum, and the like have hit all-time high values beyond what even the most optimistic enthusiast could have imagined. There are countless new cryptocurrencies catering to several applications of blockchain flooding the market every day, and crypto-coins are finally achieving […]

The cryptocurrency craze – are digital coins on verge of going mainstream?

Legendary investor Warren Buffett once described it as a “mirage” to be avoided by any sensible investor. JP Morgan Chase chief executive Jamie Dimon has famously described it as a “fraud” and last month warned that if “you’re stupid enough to buy it, you’ll pay the price for it one day.” Another global bank boss, […]

Cryptocurrency Craze Doesn’t Excite Nvidia Even With Sales Boost

By and November 9, 2017, 9:00 PM EST The growth of cryptocurrencies is boosting Nvidia Corp.’s revenue, but that’s not about to distract the California chipmaker. “We remain nimble in our approach to the cryptocurrency market,” Colette Kress, chief financial officer for Nvidia, said Thursday during the company’s quarterly earnings call. “It is volatile, does […]

Overstock Is the Latest Stock to Surge Thanks to the Cryptocurrency Craze

Overstock.com Inc., the first major retailer to accept bitcoin, has found the antidote for sluggish stock performance: more bitcoin. Shares of the discount e-commerce company have more than doubled since the start of August, when the retailer began letting shoppers pay with all major digital tokens. They jumped 23 percent on Sept. 27, when it […]

Bitcoin price soars to record high as Harry Redknapp joins digital coin craze

The price of bitcoin surged to a record high today with one unit of the volatile cryptocurrency worth more than $5,800 (£4,350). The record comes as football manager Harry Redknapp gave his backing to an otherwise unknown British digital currency. The new high on Friday morning means the price of bitcoin has increased more than fivefold […]

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