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by Priyeshu Garg at Altcoins, Bitcoin, Mining, News, Tech
It has not been a good year for cryptocurrency mining manufacturing giant Bitmain, as the company is suffering from inventory losses, a lack of new manufacturing and the dwindling crypto mining market, a Bloomberg report on 18 September 2018, revealed. Bitmain Forgot the Rule for Selling Shovels The world’s largest cryptocurrency mining rig maker is facing a tough year, as…
READ MORECategory: Altcoins, Blockchain, Commentary, Finance, News, Regulation
If a recent interview from a Duke professor is something to go by, the U.S. national fiat currency could soon be replaced by a national cryptocurrency. Per a report published by The Chronicle, dated September 19, 2018, Duke Fuqua School of Business’ professor, Campbell Harvey, not only believes that the United States should create a national cryptocurrency, but concludes that…
Category: Altcoins, Bitcoin, Crime, Exchange, News
Yiliang “Peter” Peng, best known as Doublelift in the eSports space, had almost $200,000 worth of cryptocurrency stolen from him in a sim-swap hacking incident, the gamer revealed in a September 14, 2018, YouTube video. Coinbase Account Looted Following a Sim Card Swap Yiliang “Peter” Peng. (Source: Dot eSports) Yiliang “Doublelift” Peng, a professional League of Legends gamer, has allegedly…
Category: Altcoins, Blockchain, Business, Ethereum, Exchange, News
Bancor, a decentralized cryptocurrency exchange (DEX) protocol and one of the most popular decentralized applications (dApps) on the Ethereum network, is bringing its trustless token trading to the recently-launched EOS blockchain, the company announced in a September 19 press release. The First Cross-Blockchain Decentralized Liquidity Network Bancor, a popular dApp formerly exclusive to the Ethereum network, has announced that it…
Category: Altcoins, Bitcoin, Commentary, Ethereum, News, Price Analysis
BTC closed the day with a solid gain of more than $160 on September 13, touching the $6,500 level. Traders pushed the price even higher on September 14, but the biggest cryptocurrency could not keep the momentum and closed below the $6,500 mark (at $6,480). Trading volume was above $5 billion during the last two days of the workweek. BTC-USD…
Category: Altcoins, Business, Finance, News, Tech
Ripple has announced a new addition to its growing RippleNet payment facilitation platform. According to a blog post on the official Ripple website dated September 19, 2018, PNC Bank, a top ten bank in the United States has joined RippleNet, and will now be able to give its customers access to Ripple’s services including sending and receiving instantaneous cross-border payments….
Category: Altcoins, Business, Exchange, Finance, News, Platform
Cryptocriminals have exploited an enormous security vulnerability on the Newdex decentralized digital assets exchange to steal nearly $58,000 from customers, by creating 1 billion fake EOS tokens, reported The Next Web on September 18, 2018. Bad Actors Exchange Fake EOS Altcoins for BLACK, IQ and ADD Tokens According to The Next Web, hackers succeeded in creating 1 billion EOS-based tokens…
Category: Altcoins, Blockchain, Exchange, Investment, News, Platform
The popular US-based crypto-exchange Poloniex posted an announcement on its blog informing it was delisting eight assets and that the users had to either withdraw or sell their balance before September 25, 2018. Delisting the Redundancies The company move is part of its strategy to increase the quality of the exchange’s service as well to present a better service to…
Category: Blockchain, Business, Exchange, Investment, News
Airbus’ Silicon Valley outpost, A-Cubed has kick-started an open source, public DLT based project to foster a sustainable ecosystem for charities and non-profits that are making use of cryptocurrencies and smart contracts for social purposes. Per a September 18, 2018, report by ZDNet, the France-headquartered aerospace giant’s philanthropic arm, The Airbus Foundation, is the first entity to utilize the ethereum…
Category: Altcoins, Blockchain, Development, Exchange, Finance, News, Tech
Cryptocurrency trading advisory and digital assets management firm, Altonomy has officially launched its sell-side Over-the-Counter (OTC) cryptocurrency trading desk, and its blockchain-based virtual currency index fund called the Altonomy Taurus Index Fund to make it easier for institutional investors to own cryptocurrencies, according to a Finance Magnates report on September 18, 2018. Introducing Cryptos to Institutional Investors Per sources close…
Category: Altcoins, Business, Finance, Investment, News
Digital asset crowdfunding platform TokenMarket announced the launch of its new Security Token Offering (STO) service aimed at assisting issuers and investment banks with all the technical aspects of the token issuance, the company announced in a September 17 press release. Focused on Tokenization TokenMarket, a strategic and technology advisory firm with offices in London, Gibraltar, and Helsinki, announced that…
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