{"id":211434,"date":"2017-05-19T12:15:42","date_gmt":"2017-05-19T10:15:42","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=211434"},"modified":"2017-07-19T17:03:35","modified_gmt":"2017-07-19T15:03:35","slug":"massive-cryptocurrency-growth-in-2017","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/banking\/211434-massive-cryptocurrency-growth-in-2017.html","title":{"rendered":"Massive cryptocurrency growth in 2017"},"content":{"rendered":"<p>Cryptocurrency is attracting mainstream attention, resulting in notable growth in trade volumes and token values.<\/p>\n<p>Multiple blockchain-based currencies have seen massive growth since the beginning of 2017, including Bitcoin.<\/p>\n<p>There has also been a\u00a0recent boom in alternative cryptocurrencies, especially Ripple (XRP) and Ether (ETH).<\/p>\n<p>This has caused Bitcoin&#8217;s share of the total cryptocurrency market cap to <strong><a href=\"https:\/\/coinmarketcap.com\/charts\/\" target=\"_blank\" rel=\"noopener noreferrer\">fall below 50%<\/a><\/strong> for the first time in history, despite the\u00a0significant growth of the token.<\/p>\n<p>One of the largest online cryptocurrency exchanges, <strong><a href=\"https:\/\/poloniex.com\" target=\"_blank\" rel=\"noopener noreferrer\">Poloniex<\/a><\/strong>, recently issued\u00a0a <a href=\"https:\/\/poloniex.com\/press-releases\/2017.05.16-Industry-growth-and-its-effect-on-Poloniex\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>press release<\/strong><\/a> stating that it was working hard to cope with the influx of new users and increased transactions.<\/p>\n<p>The exchange said that since January 2017, it has seen an increase of over 600% active traders online, and a 640% increase in the amount of transactions processed.<\/p>\n<p>Poloniex said it is working to scale up its operations to meet the massive increase in active traders, including hiring more developers and exchange staff.<\/p>\n<h3 class=\"my-4\">Now read:\u00a0<a href=\"https:\/\/mybroadband.co.za\/news\/security\/210974-hackers-use-eternalblue-wannacry-exploit-to-mine-cryptocurrency.html\" rel=\"bookmark\">Hackers use EternalBlue WannaCry exploit to mine cryptocurrency<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency is beginning to the attract mainstream attention, resulting in notable growth in trade volumes and token values.<\/p>\n","protected":false},"author":23,"featured_media":209920,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10106,44696],"tags":[187,191,42402,43298,43300],"class_list":["post-211434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-cryptocurrency","tag-bitcoin","tag-cryptocurrency","tag-growth","tag-increase","tag-poloniex"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/211434"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=211434"}],"version-history":[{"count":2,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/211434\/revisions"}],"predecessor-version":[{"id":211468,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/211434\/revisions\/211468"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/209920"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=211434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=211434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=211434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}