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Blockchain’s Effect on the International Remittance Industry
The international remittance industry is big. In 2016, migrants living in different parts of the world sent more than $570 billion to their home countries. However, a number of FinTech companies in this realm have survived stiff competition, including TransferWise, InstaReM and OFX. дальше »
2018-8-21 04:00 | |
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Industry Consortium Launches Crypto Community Watch Program
The ICO fervor of 2017 led to an influx of both positive development and fraudulent activity. In an effort to remove scammers from the sector, ECoinmerce, ICO Alert and other industry leaders have formed the Crypto Community Watch program. дальше »
2018-8-21 02:00 | |
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China: Bitcoin Heist Attackers Steal $87 Million, Country’s Largest Crypto-Theft
Chinese police have arrested three men in connection with a massive $87 million theft worth of Bitcoin after suspicions of the trio’s hacking into local computer networks came to light, according to local news outlet SCMP. дальше »
2018-8-21 00:00 | |
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Three Factors Fueling the Surprising Growth of Crypto Funds
Crypto funds have been launching at a record pace, with more than 90 new crypto funds having launched this year alone. At this rate, there will be 165 new crypto funds launched this year, more than the record 156 launched in 2017. дальше »
2018-8-20 22:00 | |
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US Congressman to Submit ICO Bill, Invites Crypto Leaders to Capitol Hill
In advance of his plans to present an ICO-related bill to Congress this year, Republican representative Warren Davidson invited a select group of crypto heavyweights to Capitol Hill to discuss future legislation. дальше »
2018-8-20 21:00 | |
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Why Kim Dotcom Believes US Dollar Will Collapse and Crypto Will Take Over
German-Finnish Internet entrepreneur Kim Dotcom recently reaffirmed his negative stance on the US dollar and stated that crypto will eventually compete with reserve currencies. Dotcom commented: “Many economists agree. дальше »
2018-8-20 19:00 | |
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World’s First Fully Regulated Bank to Launch Security Token and Stable Coin
The tiny country Liechtenstein appears to be quickly cultivating status as one of blockchain’s hottest frontiers, with Union Bank AG announcing it will become the world’s first fully regulated bank to launch its own security token and fiat-backed stable coin. дальше »
2018-8-20 17:00 | |
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Colombia to Receive Crypto-Boost, Pundi X [PXS] Announces PoS System Rollout
Blockchain-based point-of-sales systems provider Pundi X announced it would deploy over 1,000 payment systems in Colombia, a move that aims to interest in and adoption of cryptocurrency payments. Pundi X Going Strong As noted on an August 18th Medium post, Pundi X is partnering with local firm Manticora Capital to distribute its systems in the crypto-friendly […] The post Colombia to Receive Crypto-Boost, Pundi X [PXS] Announces PoS System Rollout appeared first on CryptoSlate. дальше »
2018-8-20 15:00 | |
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Asia Head of BitConnect Arrested at Delhi Airport
Divyesh Darji, the alleged Asian head of defunct cryptocurrency platform BitConnect, was arrested by Indian authorities at Delhi Airport on August 18. The arrest is set to provide a modicum of justice to those affected by what has been dubbed the biggest scam in cryptocurrency history. дальше »
2018-8-20 13:00 | |
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Price Watch: Bitcoin, Ethereum, EOS, Ripple and IOTA Back in Green
The cryptocurrency market is showing signs of recovery from a recent slump that saw Bitcoin descend below $6,000 in July 2018 as positive investor sentiment returns to the ailing blockchain ecosystem. дальше »
2018-8-20 11:03 | |
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Switzerland: Largest Stock Exchange’s Head Unsure of Crypto Trading, Bullish on ICOs & “Token Ecosystem”
The CEO of Switzerland’s largest stock exchange, Thomas Zeeb, speaks on the bourse’s latest strategic decision. Last week, SIX Trading made waves after announcing intent to offer cryptocurrency trading to institutional investors. дальше »
2018-8-20 10:00 | |
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Report: Nearly $2.5 Billion Paid Annually to Ethereum Miners, ETH Issuance Woes Continue
Despite waning prices and never-ending scalability debates, the Ethereum protocol continues to rake in massive revenues for network miners, with figures confirming $2. 5 billion-a-year payouts. Ethereum Miners Rake in Big Money According to a report on TrustNodes, mining revenue accounts for about 8. дальше »
2018-8-20 06:00 | |
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Crypto Hedge Funds Raise Hundreds of Millions of Dollars, Even on Downtrend
In the past eight months, the valuation of the crypto market has declined by more than 76 percent, from $900 billion to $215 billion. Yet, crypto hedge funds have raised more money than ever before. дальше »
2018-8-20 02:11 | |
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Analysts: Cryptocurrency Interest Remains High, Exchange Revenues are Evidence
Despite falling prices of cryptocurrencies like Bitcoin and Ether, a few market analysts believe 2018’s extended bear market is a mere price correction, and so-called Bitcoin “obituary” reports are “greatly exaggerated. дальше »
2018-8-19 07:28 | |
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Coinbase Applies for Direct Bitcoin Payments System Patent
Digital asset exchange Coinbase continues to make strides in streamlining user access to cryptocurrency payments and trading, following an application for a direct bitcoin payments system patent, filed Aug. дальше »
2018-8-18 20:00 | |
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Sanford C. Bernstein: ‘Crypto Trading Revenue May Double’
Amid a cryptocurrency market downturn, institutional investor interest continues to take rise. Reported Aug. 17, investment firm Sanford C. Bernstein has predicted that crypto exchange revenue will double by the end of 2018. дальше »
2018-8-18 18:00 | |
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Axoni Closes $32 Million Funding Round Led by Goldman Sachs
Axoni, a New York-based enterprise provider of blockchain technology, has completed a $32 million Series B funding round. Major players took part in the funding round including Goldman Sachs, NYCA Partners, Digital Currency Group, J. дальше »
2018-8-18 16:00 | |
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Forget the Bitcoin ETF, an ETN Already Allows US Investors to Invest in BTC
The Bitcoin ETF has been one of the biggest stories of 2018 in the crypto space. However, a similar product already exists and with it, investors in U. S. markets are able to allocate more funds into the Bitcoin market using normal brokerage accounts. дальше »
2018-8-18 14:00 | |
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Cryptocurrency Airdrops and Bounty Campaigns Face SEC Hammer
The regulatory scrutiny over ICOs has led to the arrival of token “airdrops,” or free tokens in exchange for a few marketing efforts. However, a recent ruling by the SEC may end this augmenting form of generating hype for many cryptocurrency projects in the U. дальше »
2018-8-18 12:00 | |
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South Korea Invests $4.4 Billion in Blockchain Technology
Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to “nurture” eight growing sectors of the domestic economy–including blockchain technology. дальше »
2018-8-18 10:00 | |
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UEFA to Distribute Football Tickets via Blockchain Application
In another example of blockchain technology’s prowess, the Union of European Football Associations (UEFA) revealed that it distributed 100 percent of the tickets for a recent football match solely using blockchain. дальше »
2018-8-18 06:00 | |
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Bitcoin Permabull Pantera Capital Details $175 Million Crypto-Fund
Cryptocurrency- and blockchain-focused investment fund Pantera Capital is aggressively pursuing its belief in the burgeoning asset class as it seeks a mammoth $175 million in investments from institutional investors for its third crypto venture. дальше »
2018-8-18 04:00 | |
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Institutional Crypto Dealer Secures $23 Million Funding Round from Airbnb Co-Founder
SFOX, a San Francisco-based cryptocurrency prime broker, has successfully closed a $22. 7 million funding round to build an institutional-grade asset management platform for the industry’s largest investors. дальше »
2018-8-18 02:00 | |
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Binance LCX Debuts Fiat-to-Crypto Exchange in Liechtenstein
Binance will add another stamp to its passport book, having joined forces with Liechtenstein Cryptoassets Exchange (LCX) to build a new fiat-to-cryptocurrency exchange in the European nation. The new Liechtenstein-based exchange, dubbed Binance LCX, will support trading between the euro, Swiss franc and “major” cryptocurrency pairs, according to a press release. дальше »
2018-8-18 00:00 | |
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Bitcoin Investor Sues AT&T For $224 Million in Alleged Crypto Fraud
While cryptocurrency scams and lawsuits are usually based on “exit-scams” and outright frauds, Michael Terpin, a U. S. -based cryptocurrency investor, has filed a mammoth $224 million lawsuit against his telecom operator, citing the theft of digital tokens. дальше »
2018-8-17 18:00 | |
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Messaging Giant Line Launches $10 Million Token Venture Fund
Japanese messaging giant Line appears to be diving deeper into the world of cryptocurrency following its launch of a $10 million token venture fund. Line’s Third Foray into Crypto Tokyo-based Line has now become one of the first publicly traded companies to launch its own cryptocurrency investment fund, according to a press release. дальше »
2018-8-17 14:00 | |
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Report: Fraudulent Monero Mining Generates $100K Per Month for Hackers
A German university released a cryptocurrency mining-centric report, Aug. 14, noting a rise in revenue generated by illegal mining software, despite the fall in “cryptojacking.” Coinhive Faces the Heat Again As reported by Digital Trends, RWTH University in Aachen, Germany, has presented a detailed account of the infamous, browser-based miner Coinhive being used to produce over $250,000 […] The post Report: Fraudulent Monero Mining Generates $100K Per Month for Hackers appeared first on CryptoSlate. дальше »
2018-8-17 12:00 | |
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StellarX Co-Founder Details Why ICOs Shouldn’t Be Held on Ethereum in New Research Paper
A StellarX co-founder has released a new research project that describes why ICOs shouldn’t be held on the Ethereum network. While we finish up StellarX, we wanted to share a research project on Ethereum we did earlier in the year. дальше »
2018-8-17 10:00 | |
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Thailand Greenlights Seven Crypto Operators to Service Clients
Seven cryptocurrency businesses were approved by Thai regulators, Aug. 16, to legally conduct digital asset operations as part of the country’s shift toward optimizing the local blockchain, ICO and cryptocurrency ecosystem. дальше »
2018-8-17 08:00 | |
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Coinbase Acquires Digital Identity Startup Distributed Systems
San Francisco-based exchange Coinbase is expanding its blockchain ecosystem to prepare for the onset of a regulated digital economy. To support its expansion efforts, Coinbase has acquired digital identity startup Distributed Systems. дальше »
2018-8-17 06:00 | |
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Stably Launches StableUSD on Ethereum Mainnet
Stably is a fiat-collateralized stablecoin that provides transparent 1-to-1 parity to the U. S. dollar. On Aug. 16, Stably debuted its StableUSD token on the Ethereum mainnet. Fiat-backed, $100K Proof of True Reserve The Stably developer team has officially launched its StableUSD (USDS) token on the Ethereum network, according to a blog post. дальше »
2018-8-17 04:00 | |
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BitMex CEO: Ether Is a ‘Sh*tcoin’ That Will Fall Below $100
Ethereum holders may be holding their breath for an impending market bottom, but BitMex CEO Arthur Hayes has dubbed the second-largest cryptocurrency by market capitalization a “double-digit sh*tcoin” destined for sub-$100 levels. дальше »
2018-8-17 02:00 | |
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Square Rolls Out Bitcoin Service to Cash App in Every US State
The popular mobile payment service Square has announced that consumers across all 50 U. S. states can now use the Cash App to purchase and sell Bitcoin (BTC). Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. дальше »
2018-8-16 22:00 | |
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High Times Rescinds Claim to Accept Cryptocurrency During IPO
Earlier this month, High Times magazine announced that they will be accepting cryptocurrency as the first-ever Nasdaq IPO to do so. However, a recent SEC filing reveals that High Times will not deliver on its benchmark promise and will only accept fiat investments during its upcoming public offering. дальше »
2018-8-16 20:00 | |
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Overstock and Galaxy Digital Shares Face Drawback from Crypto Bear Market
Since the start of 2018, the overall cryptocurrency market has struggled to maintain a recovery from its multi-month downtrend. In accordance with increased selloffs, companies heavily vested in the nascent digital asset class are starting to face drawbacks. дальше »
2018-8-16 18:00 | |
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Tron Community Elects BitTorrent as Super Representative and Airdrops 9 Million TRX
Last month, Tron Foundation CEO Justin Sun acquired distributed technologies giant BitTorrent, which, on Aug. 14, the Tron community elected as one of 27 super representatives on the network. BitTorrent Becomes Tron Community Leader Taking to Twitter, Aug. дальше »
2018-8-16 16:00 | |
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Bittrex Enters the Canadian Crypto Market with CatalX Deal
Bittrex, one of the largest cryptocurrency exchanges within the U. S. , revealed that it has partnered with CatalX to bring Bittrex tech into Canada. We’re excited to announce a partnership with CatalX that will launch a new Canadian digital asset trading platform. дальше »
2018-8-16 14:00 | |
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Bitwise Launches Three New Crypto Index Funds
Last month, Bitwise Asset Management submitted an application for a top-10 cryptocurrency ETF. Announced Aug. 15, Bitwise is now launching three new indexes covering the small-total cap segments of the overall cryptocurrency market. дальше »
2018-8-16 12:00 | |
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Ethereum: Cashing Out Fears Drive Falling Ether Prices, Protocol Co-Founder Refutes Worries
The vast number of ICOs built on the Ethereum platform were seen as a catalyst for 2017’s ether bull run. Now, lack of activity from any enterprising project is said to result in the protocol token’s price fall. дальше »
2018-8-16 10:00 | |
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Cryptocurrency Custodian Services are Wall Street’s Chance at Being Crypto-Relevant
Despite the world’s top banks and financial institutions taking periodic jabs at the cryptocurrency market, a behind-the-scenes look suggests substantial interest. With the rising number of blockchain patents, crypto experiments and cross-border blockchain remittances, cryptocurrencies are an asset class the banks can show disdain toward, but not avoid. дальше »
2018-8-16 05:00 | |
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Turkey’s Crypto Market Surges as the Lira Tumbles Against the Dollar
Turkey’s cryptocurrency exchanges have seen an influx in trading volume after the nation’s currency, lira, nosedived to an all-time low against the dollar. In the past week, all of the country’s top exchanges have reported sudden user hikes, with Koinim, Btcturk and Paribu reporting gains of more than 100 percent on Aug. дальше »
2018-8-16 02:00 | |
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VC Investor Explains Reasons Why Crypto Fell 80% in 2018
According to prominent venture capital investor Chris Burniske, the crypto market fell by nearly 80 percent in 2018 due to the lack of adoption of major digital assets. Throughout 2017, Bitcoin, Ripple, Ethereum, Bitcoin Cash and the majority of cryptocurrencies experienced a rapid increase in their valuation, recording 1,000 to 30,000 percent gains within a 12-month […] The post VC Investor Explains Reasons Why Crypto Fell 80% in 2018 appeared first on CryptoSlate. дальше »
2018-8-15 21:00 | |
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Despite Recent Market Downturn, Coinbase CEO Brian Armstrong Remains Bullish
Brian Armstrong, chief executive of San Francisco-based Coinbase appears to be unfazed by the market’s undisguised downturn, and has stated his cryptocurrency exchange was signing up 50,000 new members a day last year. дальше »
2018-8-15 19:00 | |
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Blockchain VC Firm Pithia Inc. Signs Investment Deal with Lucidity
Blockchain startups are disrupting industries worldwide through solutions for data transparency, storage and security. On Aug. 15, venture capital firm Pithia confirmed an investment deal with blockchain startup Lucidity. дальше »
2018-8-15 17:00 | |
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KuCoin Names Ian Balina as Global Titan Ambassador
Unveiled Aug. 10, the KuCoin ambassador program will allow crypto-industry experts to suggest new blockchain and cryptocurrency projects for listing on the exchange. On Aug. 14, the exchange revealed its first ambassador–crypto influencer Ian Balina. дальше »
2018-8-15 14:00 | |
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