Author: Shaurya Malwa

South Korea Plans to Allow ICOs Under ‘Certain Conditions’

Shaurya Malwa · March 13, 2018 · 11:30 am South Korea’s ban on initial coin offerings (ICOs) could be reversed in the coming months, according to a new report. South Korea Expected to Reverse ICO Ban The Korea Times, a business-focused media company founded by Hankook Ilbo, one of South Korea’s largest newspapers, reported that the South Korean government will soon reverse its ban on initial coin offerings (ICO) and allow token sales under certain conditions. In 2017, the government of South Korea banned domestic ICOs with immediate effect, leading to a widespread panic selling in the crypto market. The country’s...

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South Korea’s Millennials Catching Up to Their Elders, 1 in 5 Report Buying Cryptocurrency

Shaurya Malwa · March 12, 2018 · 7:30 pm South Korea’s cryptocurrency craze no longer appears to be limited to older investors. A reported 1 in 5 people their twenties have purchased some form of digital currency, according to reports by the Korea Financial Investors Protection Foundation. South Korea: 20-Year-Olds ‘Most Active’ Investors While Seniors Invest More Conducted in December 2017, the survey covered 2,530 South Koreans aged between 25 and 64, with 22.7% of 20-somethings reporting purchases of cryptocurrency. Those in their 30s were the second largest group of crypto investors: 19.3% of them said they had invested...

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Japanese Miners See Solar Energy as ‘Only Way’ to Stay Profitable

Shaurya Malwa · March 10, 2018 · 3:00 pm Kumamoto-Energy, a local power producer in Japan, has announced that they will use solar energy for mining cryptocurrencies. Japan Looks to Greener Energy Cryptocurrency mining farms are trying to reduce costs and consume as less energy as possible, but sometimes the task is very difficult. Japanese miners are trying to consume renewable energy make mining activities more sustainable in the long term. Saburo Takashashi, a security analyst at Kansai Electric Power, says: This is a time for improvisation, mining won’t go away fro the next 100 years, efficient renewable sources of energy...

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5 Steps to Avoid Cryptocurrency Scams and ‘Fake Vitaliks’

If you are the average cryptocurrency enthusiast, chances are that the majority of your portfolio is sitting in the wallets of a crypto-exchange. While it does seem safe, your hard earned money is just a hack away from becoming the victim of a Mt.Gox-like hack in no time. Scams. Scams Everywhere. Fake Vitaliks. Fake McAfees. The twitter handles you are commenting on, are they even authentic? Is the blue tick even real? In an average quick skim of your feed, are you susceptible to missing the “i” in @vitalkbuterin? Adding to the ever rising list of scams, there’s a...

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