Cryptocurrency market

May 4: Why is Ethereum rising?

For those wondering, ‘Why is ether or ETH rising?’, here are some clues. Called by someone as the ‘oil of crypto’, Ethereum today crossed the $3400 mark. Only sometime back it was valued ten times less. The recent rise has left many people puzzled. There is obviously more demand for ETH, whose London fork will…


The lure of Bitcoin, inflation and price volatility

What lies behind the attraction of bitcoin for some part of the population, while the larger masses don’t understand anything about cryptocurrencies? Behind the fog of long hash addresses and obscure terms like cryptography lies the simple idea of a “bit coin” that is cheap, and which also makes economic sense. Inflation figures are usually…

Crypto Consumer & Retail

Aura and Arianee: Louis Vuitton, Prada, Cartier Get More Authentic with blockchain

The three biggest names of the luxury world, LVMH (Louis Vuitton, Dior, Tiffany, and more), Prada, and Richemont (Cartier, Dunhill, and more), recently came together to an extraordinary meeting. The topic was how to authenticate and validate their original products permanently using blockchain technologies. The outcome was the formation of the private blockchain consortium, Aura….

Coins & Tokens

What can you buy with cryptocurrency today?

The first real-world Bitcoin transaction happened on 22nd May 2010, when Laszlo Hanyecz bought two pizzas from a Papa John’s store in Jacksonville, Florida for 10,000 BTC (In today’s exchange rate, that comes to over 500 million dollars). In 2014, Overstock became one of the first big e-sellers to accept direct Bitcoin payments. Since Bitcoin…