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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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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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Gold-Backed AurumCoin Latest to Fall Victim to 51 Percent Attack

Category: Altcoins, Blockchain, Finance, News, Platform, Tech

Gold-Backed AurumCoin Latest to Fall Victim to 51 Percent Attack

Gold-backed AurumCoin is the latest cryptocurrency project to fall victim to 51 percent attack, resulting in the loss of AUD$ 15752.26, per a report by Finder on November 12, 2018. Hack Attack Results in Blame Game Shortly after the hack attack, AurumCoin’s twitter handle subtly sparked the blame game stating the coins were stolen from the wallet of cryptocurrency exchange…

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Cryptocurrency Exchange Zeniex Terminates Service after Government Crackdown

Category: Altcoins, Bitcoin, Business, Exchange, News, Regulation

Cryptocurrency Exchange Zeniex Terminates Service after Government Crackdown

South Korean cryptocurrency exchange Zeniex will terminate its services due to increasing government pressure on unauthorized digital currency exchanges. According to Zeniex’s website post, published on November 9, 2018, the cryptocurrency exchange noted that operating amidst a government crackdown on the industry will be a challenging feat. Closing Down Due to Government Pressure The cryptocurrency exchange opened on May 8,…

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CoinJar Cryptocurrency Exchange Founder Says Stablecoin Will Transform the Crypto World

Category: Adoption, Altcoins, Business, Exchange, Finance, News

CoinJar Cryptocurrency Exchange Founder Says Stablecoin Will Transform the Crypto World

At a time when stablecoins have become the rave of the moment in the cryptoverse, with several startups from Circle Internet Financial, Gemini, and others launching own dollar-backed altcoins, Asher Tan, the co-founder of CoinJar, a digital assets platform, has predicted a bright future for the price-steady alternatives according to a Financial Review report on November 12, 2018. Stablecoins to…

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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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