Oscar Mayer Just Created Bacoin, a Cryptocurrency You Can Redeem for Bacon (Seriously)

Article was originally published at CoinCentral. Blockchain and Bacon: A Match in Hog Heaven? Oscar Mayer is trading in its weenie whistle for something kids these days actually want. The Wisconsin-based cold cut behemoth just launched a promotional campaign for its bacon line that features its own cryptocurrency.  Bacoin (BACN), as it’s called, is legitimately […]

What is Anime Coin (ANI)?

Article was originally published at CoinCentral What is Anime Coin (ANI)? Anime Coin is offering a platform for users to issue and sign, hold, and exchange anime-related digital items on the blockchain. Anime is planning a fork of the original ANI coin into ANIM, which will bring on a few core features aimed to help […]

CRYPTO INSIDER: The biggest cryptocurrencies are near their lowest levels of the year

roland / Flickr Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox. Cryptocurrency prices are down slightly Monday afternoon, with many near their 2018 lows. Here are the current prices:See the rest of the story at Business Insider NOW WATCH: […]

The next generation of cryptocurrencies will be smarter and more stable

GUEST: Like any new market, the birth of the ICO market has brought with it an enormous amount of noise, messiness, and raw speculation. Armed with little more than a hunch, early investors seem to be all in, even with the most preposterous valuations. From the outside, such investments look reckless, “irrational”, even fraudulent. They […]

Central banks would threaten the global financial system if they issued their own cryptocurrencies

Reuters/Stephen Hird A new report from the Bank for International Settlements questions the viability of central bank issued cryptocurrencies. “The introduction of a central bank digital currency (CBDC) would raise fundamental issues that go far beyond payment systems and monetary policy transmission and implementation,” the BIS said. Cryptocurrencies have entered the consciousness of central banks […]

Bill Gates says cryptocurrencies have “caused deaths in a fairly direct way”

Enlarge / Bill Gates answering questions on Reddit in 2013. (credit: Bill Gates) Microsoft and Bill & Melinda Gates Foundation progenitor Bill Gates is not a fan of cryptocurrencies. In a Reddit AMA yesterday, he posited that crypto subverts governments’ abilities to intercept terrorist funding, illegal drug transactions, and more. Redditor Askur1337 asked Gates, “Whats […]

Cryptocurrencies are killing people – Bill Gates

Microsoft founder Bill Gates has expressed major reservations about cryptocurrencies, warning that due to their use in the purchase of illegal dangerous drugs, crypto is actually killing people “in a fairly direct way.” During a Reddit ‘Ask Me Anything’ session on Tuesday – his sixth on the forum – Gates discussed various issues, from quantum […]

Law enforcement has a massive problem with these 3 cryptocurrencies

Business Insider Police cryptocurrency experts at Europol and London’s Met Police told Business Insider that a subset of cryptocurrencies are associated with criminality. Monero, zcash and dash have all raised flags. These three currencies have extra privacy features which can frustrate investigations. Exchanges which deal in these currencies are also less likely to cooperate with […]

Nearly half of 2017’s cryptocurrencies have already failed

The surging price of bitcoin (among others) in 2017 led more than a few companies to hop on the cryptocurrency bandwagon with hopes of striking it rich almost overnight. Many of their initial coin offerings seemed dodgy from the outset… and it turns out they were. Bitcoin.com has conducted a study of ICOs tracked by […]