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Cryptocurrency Exchange Bithumb to Give Away Bitcoin, Ether, and XRP in Airdrop Event

by Rahul Nambiampurath at Altcoins, Bitcoin, Ethereum, Exchange, News, Platform

Bithumb, one of the biggest cryptocurrency exchanges in South East Asia and Korea in particular, has announced a ‘Super Airdrop Festival’ that any registered trader can participate in. In a Twitter post published November 12, 2018, the company said that the highlight of the event is a giveaway involving 15 BTC. This will be given to a random Bithumb member…

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ChainPoint’18 International Blockchain Conference • November 14-15, 2018

ChainPoint’18 will take place on November 14-15, 2018 in Yerevan, Armenia. The organizer –“Nooor” Armenian Blockchain Association. ChainPoint’18 will be the largest…

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Singapore: Financial Bodies Create Blockchain-Based Prototype for Settlement of Tokenized Assets

Category: Blockchain, Business, Exchange, Finance, News

Singapore: Financial Bodies Create Blockchain-Based Prototype for Settlement of Tokenized Assets

Singapore’s Monetary Authority (MAS) and National Stock Exchange (SGX) have partnered to develop a blockchain-based settlement process aimed exclusively at settling tokenized assets across diverse blockchain platforms, as per an official release on November 12, 2018. SGX Partners with MAS The two bodies have created a Delivery versus Payment (DvP) system to help simplify trade processes and quicken settlements cycles….

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Thai Siblings Accused of $24 Million Crypto Scam Plead “Not Guilty”

Category: Bitcoin, Crime, Finance, Investment, News

Thai Siblings Accused of $24 Million Crypto Scam Plead “Not Guilty”

On November 12, 2018, The infamous Thai siblings accused of duping a Finnish man for bitcoin worth $24 million have pleaded not guilty in court over money laundering charges. The siblings were first arrested in August this year for engineering a cryptocurrency scam. The Sequence of the Crypto Scam According to local news outlet Bangkok Post, the trio, Prinya Jaravijit,…

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IBM to Develop a Blockchain-Based Solution for Scientific Researchers

Category: Blockchain, Business, News

IBM to Develop a Blockchain-Based Solution for Scientific Researchers

IBM revealed it was developing a blockchain-based system allowing a dynamic cooperation between scientific researchers beyond institutional borders and outside interference. Breaking down Barriers IBM is one of the leading computer and software technologies in the world pushing innovation by quickly developing blockchain solutions. In this most recent turn, the blue-chip computer manufacturer presented a patent application that represents a…

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What is Meme Economy and How Can You Invest in it?

Category: Bitcoin, Blockchain, Cryptocyclopedia, Ethereum, Finance, News, Tech, wallet

What is Meme Economy and How Can You Invest in it?

Memes have steadily found their way from 4chan boards and reddit subs into the mainstream culture. Nobody expected a picture with text on it to be the preferred means of breaking the ice or communicating with someone else on the other side of the world. On closer inspection, it’s not hard to figure out what factors make memes stand out…

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Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification

Category: Adoption, Altcoins, Blockchain, News, Platform

Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification

X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018. Plans to Expand into the Middle East Seeing the burgeoning fintech environment in the region, some regulatory bodies and financial…

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DMG Blockchain Announces 85-Megawatt Crypto Mining Facility

Category: Bitcoin, Blockchain, Ethereum, Investment, Mining, News, Platform, Tech

DMG Blockchain Announces 85-Megawatt Crypto Mining Facility

On November 8, 2018, blockchain and cryptocurrency mining firm DMG Blockchain announced the opening of its new 85-megawatt crypto mining facility in Canada, as per a press release by Global News Wire.  Massive Mining Facility DMG Blockchain Solutions Inc. has just announced the inauguration of a new crypto mining facility that is capable of a running an 85-megawatt mining operation….

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Blockchain Valley Ventures Launches New Unit in Singapore as Part of Asia Expansion Plans

Category: Bitcoin, Finance, News, Platform, Tech

Blockchain Valley Ventures Launches New Unit in Singapore as Part of Asia Expansion Plans

Blockchain Valley Ventures (BVV), a Switzerland-based venture capital firm and accelerator, has announced it is launching a new regional unit in Singapore. The company revealed the move during the Singapore Fintech Festival on November 12, 2018. BVV’s Asian Expansion With the island nation as their next stop, the Swiss blockchain firn has prepared the foundation for bolstering its presence in Asia….

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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses

Category: Bitcoin, Blockchain, Ethereum, Mining, News, Platform, Tech

Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses

Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2.6 billion ($22.8 million) “despite the harsh external environment.” Crunching the Numbers The report shows promising figures for the Japanese internet company….

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BitMEX CEO Arthur Hayes Blasts Insider Trading Accusations

Category: Altcoins, Bitcoin, Business, Finance, News, Platform, Tech

BitMEX CEO Arthur Hayes Blasts Insider Trading Accusations

BitMEX CEO Arthur Hayes has defended the crypto trading platform against online rumors accusing the company of several activities that essentially amount to insider trading and betraying customer trust. Speaking to Yahoo! Finance U.K. in an article published on November 12, 2018, Hayes insisted that the platform offers uniform access to all customers, denying whispers of trading against customer positions…

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Press releases:

NET Tokens Set To be Frozen Forever: Time Is Running Out To Activate Your NIM

STIPS|FinTech Concludes $1.4M Private Sale, Aims at Civilizing Crypto Financial Markets

First Participants Confirmed for MJAC & CryptoCompare London Blockchain Summit

The Famous Wall Street Analyst Tom LEE at the Blockchain Economy Istanbul Summit!

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