Karan Balwani

Karan is a writer who shares an undying passion for technology, books and pets. For the past 7 years, he has worked in Business Development and PR before discovering his love for the written word. He regularly posts on his blog (www.k4b6.com) and is working on his debut novel.

Looking Back at a Decade Of Bitcoin
Article

Looking Back at a Decade Of Bitcoin

Bitcoin was introduced to the world 10 years ago. Let us look at the most notable events from this decade-long journey. 2008 18th August marks the date when the domain bitcoin.org is registered. 31st October, a paper is published by “Satoshi Nakamoto” that made way for Bitcoin – a peer-to-peer …

Proof-of-Work For Newbies
Crypto Concepts

Proof-of-Work For Newbies

What is Proof-of-Work? Proof-of-Work, also known as PoW is the original consensus algorithm that s present within a Blockchain network. Blockchain requires a pre-defined algorithm to create new blocks on the chain and for confirming transactions. Miners compete for rewards for completing transactions. In order to send digital currencies over …

2018 : A Tough Year for Cryptocurrencies
Cryptocurrency News

2018 : A Tough Year for Cryptocurrencies

2019 is upon us and as we look towards this new year with optimism, it’s important that we look back and reflect at the passing year. As 2017 ended with exploding of prices in Bitcoin and other cryptocurrencies. In fact, when Bitcoin reached $20,000, each and every news outlet covered …

Crypto Mining: A Major Contributor Towards Global Warming
Crypto Mining

Crypto Mining: A Major Contributor Towards Global Warming

The cryptocurrencies market has observed quite a rollercoaster ride in the past decade. There have been times when Bitcoin was able to achieve a value of $20,000 in December 2017, while 2018 saw the downturn as the price dropped to sub $4,000 mark. Bitcoin mining and cryptocurrency mining overall has …

Abkhazia Govt Cuts of Crypto Mining Power
Crypto Mining

Abkhazia Govt Cuts of Crypto Mining Power

The Republic of Abkhazia is looking to cut down on electricity consumption amidst concerns. Chernomorenergo RUE, the state electric utility company announced that it is cutting power for multiple cryptocurrency mining farms. This announcement was made on December 31st via Facebook. According to the announcement, Chernomorenergo has cut down the …

Blockchain ICO for Telemedicine : Carna Life
ICO News

Blockchain ICO for Telemedicine : Carna Life

We introduced our readers to Carna Life, an upcoming blockchain ICO that combines healthcare AI to form a telemedicine system. Let us begin by understanding about telemedicine systems. Telemedicine is the fastest growing branch of medical science which utilizes information technology and telecommunication to provide remote health care.  As our …

Mizuho Financial Group Plans New Crypto Launch
Cryptocurrency News

Mizuho Financial Group Plans New Crypto Launch

Mizuho Financial Group is looking to delve into the world of cryptocurrencies by introducing cashless payments and remittance for its clients. As per the reports by Nikkei, the Asian media outlet, the idea behind this strategy is to change lower fees to retailers who accept payments in tokens as opposed …

Winemaker Plans to Purchase Crypto Exchange
Cryptocurrency News

Winemaker Plans to Purchase Crypto Exchange

A major winemaker in Hong Kong is planning to buy a Japanese cryptocurrency exchange. The winemaker is already listed on the Hong Kong Stock Exchange and will be acquiring a majority stake in a Japanese cryptocurrency platform. This deal aims to “achieve a better return” for shareholders of the company. …

Bitmain Plans to Layoff Over Half its Workforce
Cryptocurrency News

Bitmain Plans to Layoff Over Half its Workforce

Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware is facing a difficult time. Ever since the price drop of Bitcoin and other cryptocurrencies, mining has stopped being profitable for the majority of companies and users. It is speculated that the mining giant may start laying off employees this week …

Litecoin Sponsors UFC
Cryptocurrency News

Litecoin Sponsors UFC

The Litecoin Foundation recently posted on their blog that the cryptocurrency will be the official partner for UFC 232. The event will be taking place this Saturday in California. The stage is set for Jon Jones and Alexander Gustafsson to compete for the UFC light heavyweight belt. It is unclear …