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Cryptocurrency Hedge Funds Reportedly Increasing and Could Triple in 2018

Crypto Market Slump Hitting Bitcoin and Altcoin Billionaires Real Hard

April 3, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News

Since 2009 when Satoshi Nakamoto created Bitcoin, the price of the world's flagship blockchain money has been rising and falling. However, in 2017, the price of bitcoin raced to nearly $20,000, boosting the value of some altcoins along the line and ultimately creating a whole lot of new millionaires and...

Bitcoin Will only Cease to Exist if Blockchain Technology Fails

April 1, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation, Tech

The concept of Distributed Ledger Technology (DLT), or a cryptographically secured chain of ‘blocks,’ has been known since the late 90s when Stuart Haber and W. Scott Stornetta first described explained the technology in their work. The two expert cryptographers took their blockchain experiment a step further by adding Merkle...

German Authorities Make Bitcoin Official Legal Tender in the Tourism Sector

March 30, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Ethereum, News, Regulation, Tech

Life is a trade; you win some, you lose some. This is the condition of the world’s flagship cryptocurrency right now. While bitcoin is banned in some countries presently, it is gaining more mainstream adoption in many other nations. In a point for cryptocurrencies, however, the German National Tourist Board...

Bithumb and Pay’s Join Forces to Make 6,000 South Korean Merchants Accept Bitcoin and other Cryptos

March 29, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, News

After months of rumors, speculation, and uncertainty, the cryptocurrency regulatory war in South Korea seems to be over, and confidence is gradually returning to the Korean digital currency space. Leading cryptocurrency exchange, Bithumb has inked a partnership deal with top mobile payment service Pay's to facilitate cryptocurrency payments...

JP Morgan Chase Rekindles Blockchain Ambition with Quorum

March 29, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Ethereum, Finance, News, Tech

In another return to the technology underpinning Bitcoin, JP Morgan Chase is determined to become a significant player in the blockchain ecosystem by making its cross-border payment solution, Quorum, an independent project. And Quorum was Reborn JPMorgan Chase is one of the first institutional investors to catch the blockchain bug....

Ex-Football Superstar Set to Sell Prized Mint 9 Mickey Mantle Card for Bitcoin

March 28, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Finance, News

Evan Mathis, a one-time NFL lineman, has caught the bitcoin bug. At a time when the entire crypto market is experiencing a dull stagnation, the footballl superstar is not bothered at all and has put up his expensive Mickey Mantle card rated Mint 9 for sale in exchange for the...

Bitcoin and Payment Processor Payza in ‘Hot DOJ Water’ for Alleged Money Laundering

March 24, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, News

Popular UK-based payments and bitcoin service firm, Payza is being investigated by the United States Department of Justice (DOJ) for its involvement in money laundering operations. Payza is a Montreal-based payment processor that became a subsidiary of a London-based firm MH Pillars Ltd. in 2012. The firm facilitates remittance payments...

Yahoo Japan Joins the Bitcoin Bandwagon: Set to Launch Cryptocurrency Exchange

March 24, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News

Cryptocurrency is the rave of the moment, and Japan remains the crypto capital of the globe despite the recent clampdown on unregistered exchanges. Favorite Japanese internet heavyweight, Yahoo Japan, has announced plans to venture into the crazy world of crypto. Yahoo! Japan Takes the Dive into Crypto After several years...

Blockchain Studios Launch Virtual Reality Game in Conjunction with AmaZix

March 23, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Entertainment, Ethereum, News, Tech

Blockchain Studios is set to disrupt the virtual reality gaming world with its new multiplayer virtual reality-enabled CryptoCarz game. Gaming Partnership Blockchain Studios is a Hong Kong blockchain-based studio made up of cryptocurrency enthusiasts, developers and more. The team has joined forces with AmaZix, community management, and engagement firm, to...

Bitcoin Friendly Norway Welcomes Bitfury with Open Arms

March 23, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Mining, News

At a time when some world powers are are doing everything to make bitcoin mining as unprofitable as possible by charging miners outrageous electricity bills, Norway has left its doors wide open for all Hodlers to troop enter. Now, Bitfury is establishing a multimillion-dollar bitcoin mining datacenter in the crypto...

Bittrex Cryptocurrency Exchange Will Delist over 80 Tokens for Lack of Liquidity

March 18, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Business, Finance, News, Regulation

While initial coin offerings (ICOs) and token generation events have become a proven and viable means of raising funds for startups in the cryptocurrency space, there's no denying that often things do go wrong. Not Good Enough? U.S. based cryptocurrency exchange Bittrex has announced it will delist 82 tokens with...

A New Dawn for Bitcoin as Lightning Network Daemon (LND) Beta Finally Goes Live

March 16, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, News, Tech

Bitcoin is no doubt the king of cryptocurrencies. However, the Bitcoin blockchain has a severe scalability issue that is threatening to make the world’s flagship cryptocurrency lose its golden crown if proper care is not taken. A handful of experiments have shown in recent times that the Lightning protocol would...

Bithumb and BitPay Enter Strategic Partnership to Facilitate Remittance Payments

March 16, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Finance, News

The remittance industry is a massive market worth billions of dollars. Every day, migrant workers from all parts of the globe send money to their families in their home countries via various remittance-focused firms such as Western Union, MoneyGram, and a handful of alternatives. A Powerful Alliance However, more than...

CME Proposes Limits To Temper Bitcoin's Volatility

CoinfloorEX Eyes April Launch for Bitcoin-settled Futures Contracts

March 15, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Finance, News

Since the CME and Cboe launched their bitcoin futures contracts in December 2017, a whole lot of institutional investors have been scampering to get on the scene. Although the CME and Cboe bitcoin futures contracts are cash settled, a London-based crypto exchange is looking to create its physically settled bitcoin...

Chinese Bitcoin Mining Giants Bitmain Set to Fund 30 Blockchain Private Central Banks

March 15, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, News, Regulation

Bitcoin mining heavyweights Bitmain, which controls over 60 percent of the entire Bitcoin network hashrate, has hinted towards funding the creation of blockchain-centric private central banks. Blockchain Powered Central Banks In a keynote speech at the DC Blockchain Summit organized by the Chamber of Digital Commerce and Georgetown University's Centre...