# Bitcoin
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Billionaire venture capitalist Tim Draper says lack of “exciting” volatility in the initial public offering (IPO) market could see an influx of investors to bitcoin (BTC) and other cryptocurrencies. Speaking to CNBC, Draper also echoed the familiar sentiment of cryptocurrency and blockchain technology being akin to the early days of...
May 24, 2019 by Ashwath Balakrishnan at
Bitcoin
The Dutch Fiscal Information and Investigation Services (FIOD) in association with Europol and Luxembourg police have cracked down on Bestmixer, one of the largest cryptocurrency mixing services in the world. Mixing is a process whereby one can necessarily throw in tainted funds that are identifiable with criminal activity and receive...
May 23,2019 by Liam J Kelly at Bitcoin
The technical infrastructure of the Canadian province has been in place since the turn of the century. And much like several states from its border partner just South, many of these relics of the industry are going to waste. Electricity plants, coal mines, and the like are thus being reimagined...
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Press Releases
# Ethereum News
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May 23,2019 by Aisshwarya Tiwari at Ethereum
According to a Bloomberg report published May 23, 2019, digital currency investment company Grayscale Investments LLC is poised to open its Etheruem Trust to retail investors after receiving approval from the Financial Industry Regulatory Authority (FINRA). Grayscale Ether Trust Now Open to Retail Investors Grayscale launched its Ethereum Trust at...
The total crypto market cap lost $12 billion of its value since May 20, 2019, and dropped to $239 billion. The top ten currencies are all in red for the last 24 hours with Stellar (XLM) and Cardano (ADA) being the worst performers with 8.5 percent and 7.6 percent of...
With incredibly ambitious projects in the pipeline, the Ethereum Foundation has released its spring update, on May 21, 2019, to provide insight as to how the money will be spent and which functional areas will be targeted. The Ethereum Foundation is the resource allocator that helps smaller teams come together to...
# Blockchain
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May 23,2019 by Ashwath Balakrishnan at Blockchain
Venture capital firm Bicameral Ventures has funded three new companies to help build a technological ecosystem and improve product development management. Nodesmith, metaMe, and Velocia provide an array of mutual solutions from improving developer uptime to enhancing traffic flow management for urban regions. This new investment thesis is a refreshing...
Indian commercial bank IndusInd has tied up with Saudi Arabian British Bank (SABB) through their partnership with Ripple. The payment remittance corridor between the two countries is powered through xRapid and xCurrent, as both banks adopted both networks, as revealed by Ripple, May 20, 2019. Further Headway in India After...
RIF Labs officially launched their Bitcoin scaling solution at Consensus 2019. The RIF Lumino Network is comparable to the Lightning Network in its scalability potential, but as it’s built on top of the RSK protocol, there are many differences. RIF Labs CEO Diego Gutierrez Zaldivar walked through these differences as...
# Altcoins
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May 23,2019 by Ashwath Balakrishnan at Altcoins
Fantom, a distributed ledger based on Directed Acyclical Graphs (DAG), is tying up with Binance to leverage Binance Chain in launching a cross chain platform, as announced on May 22, 2019. The partnership will support assets that follow ERC20, native Fantom standard, and BEP-2 (Binance's token standard on BNB). After...
May 23, 2019 by Ogwu Osaemezu Emmanuel at
Altcoins
In a blog post on May 21, 2019, Bitfinex, a Hong Kong-based cryptocurrency exchange & Ethfinex, a decentralized exchange owned by Bitfinex announced the launch of Tokinex, an initial exchange offering (IEO) platform which can be used by qualified customers to discover and participate in carefully selected, pre-vetted token sales...
The central bank of Laos has warned commercial banks, financial institutions, and investors not to buy, sell or use cryptocurrencies, reports local media outlet Vientiane Times, May 21, 2019. Laos Does Not Want Cryptocurrencies Laos’ central bank, the Bank of the Lao People’s Democratic Republic (PDR), has cautioned financial market...
# ICO News
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May 23,2019 by Ogwu Osaemezu Emmanuel at ICO News
On May 20, 2019, Stephen Palley, a lawyer, published the United States District Court of Northern District of Georgia, Atlanta Division's order containing allegations by plaintiffs that Clifford "T.I." Joseph Harris, a famous American rapper, sold unregistered securities called FLiK tokens to them and failed to invest the raised funds...
Though numerous initial coin offerings (ICOs) existed before the Bitcoin price took off in 2017, an array of blockchain startups took full advantage of the bullish markets that year to launch their ICOs. While some of these crypto-based fundraisers were genuine, a good percentage of them were outright scams which...
In a new development regarding the lawsuit brought against Floyd Mayweather and DJ Khaled by some aggrieved Centra Tech ICO investors, a US federal judge has dismissed the case. According to a court document on May 13, 2019, the judge granted an omnibus order on motion to dismiss, on the grounds that...
