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Category: News

MIT Researchers Demo a Smart Contract-powered Lightning Network for Bitcoin

Category: Bitcoin, Blockchain, News, Tech

MIT Researchers Demo a Smart Contract-powered Lightning Network for Bitcoin

The Digital Currency Initiative (DCI), a cryptocurrency and blockchain-focused research community at MIT, are demonstrating an experimental use case in the backdrop of Bitcoin’s Lightning Network that would amalgamate smart contracts with the Bitcoin network to scale further. The Lightning Network is an open protocol layer that is built on the bitcoin blockchain network, enabling faster and cheaper transactions. The…

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‘Initial Witness Offerings’ and ADAPT: Fixing the ICO Method

Category: Commentary, Ethereum, Finance, News

‘Initial Witness Offerings’ and ADAPT: Fixing the ICO Method

A Medium post by software engineer and co-founder of CoinFund, Aleksandr Bulkin, from May 12 invites discussion for his solution to an underdeveloped point in cryptocurrency; regulation in the ICO market. Initial Coin Offerings (ICO’s) was a concept of decentralized crowdfunding that entered cryptocurrency mainstream with the introduction of Ethereum. Since then it has become a toss-up, with some projects…

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Cryptocurrency Exchange Giant, Bitfinex, Moving to Puerto Rico

Category: Altcoins, Bitcoin, Business, Finance, News

Cryptocurrency Exchange Giant, Bitfinex, Moving to Puerto Rico

Bitfinex, one of the biggest cryptocurrency exchange platforms in the world, is under scrutiny as rumors have been going around that it has been using one of Puerto Rico’s financial institutions as a banking partner. According to three people with knowledge on the matter, Bloomberg has reported that Bitfinex has opened accounts with Puerto Rico’s Noble Bank International. The unnamed…

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Bitcoin Private Founder Rhett Creighton Alleges BTCP Treasury Mismanagement and Fraud

Category: Altcoins, Commentary, News

Bitcoin Private Founder Rhett Creighton Alleges BTCP Treasury Mismanagement and Fraud

Bitcoin Private Co-founder and cryptocurrency maverick, Rhett Creighton has leveled a series of remarkable allegations of theft, incompetence, mismanagement, and cover-ups against his former team in a blog post published on May 23, 2018. Source: Wikipedia Creighton has been engaged in a public feud with the Bitcoin Private team since he was reportedly fired in April 2018. The allegations made…

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Ashton Kutcher and Ripple Donate $4 Million in Crypto for Ellen DeGeneres Charity

Category: Altcoins, Finance, News

Ashton Kutcher and Ripple Donate $4 Million in Crypto for Ellen DeGeneres Charity

Ashton Kutcher surprised Ellen Degeneres when he donated $4 million on behalf of Ripple to Ellen DeGeneres’ wildlife charity on May 23. The $4 million was in the form of Ripple’s XRP token. According to Coinmarketcap, ripple is considered the third most-valuable cryptocurrency with a market capitalization of $24.4 million, behind bitcoin and Ethereum’s ether. Kutcher donated live on the…

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Blockchain Association of Uganda Joined Africa Blockchain Alliance

Category: Press Releases

Blockchain Association of Uganda Joined Africa Blockchain Alliance

Kampala, Uganda, May 21 , 2018 — Blockchain technology, also known as distributed ledger technology allows a network of users to keep a record of transactions. When compared to the traditional business models, blockchain for business  saves time, removes cost, reduces risk and increases trust. By using blockchain technology, businesses can benefit from a more efficient transfer of goods and…

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Circle’s ‘Buy The Market’ Brings Crypto to Low-end Retail Investors

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

Circle’s ‘Buy The Market’ Brings Crypto to Low-end Retail Investors

Following the success of a $110 million funding round led by Bitmain in May 2018, Circle Internet Financial is positioning itself to tap into a large market of low and mid-level investors who want a smooth, low-risk entry point into cryptocurrency investment. On May 22, 2018, the Goldman Sachs-backed Fintech and cryptocurrency trading company announced the launch of a new…

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Revolut Adds Bitcoin Cash, Ripple to its Payments App

Category: Altcoins, Business, Finance, News

Revolut Adds Bitcoin Cash, Ripple to its Payments App

Revolut, the French digital payments app which introduced services for bitcoin, litecoin, and ether in 2017, announced the addition of ripple (XRP) and bitcoin cash (BCH) on May 24, 2018. The company states that ever since adding support for cryptocurrencies, a significant increase in their valuation, customer base, and profit has been observed. BCH, XRP Find New Market The firm’s…

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IPSX Update: Development of IP Exchange Progressing Well, Says CEO

Category: Altcoins, Business, Tech

IPSX Update: Development of IP Exchange Progressing Well, Says CEO

IPSX – a decentralized exchange for sharing of IP addresses announced the development of its trading engine, which enables automatic matching between IP requesters and providers, on May 7, 2018. The update came in the form of a Medium post authored by IPSX CEO  Bunea. In his post, he talked about the work that he and his team had done…

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Efir.io Tokenizes Advertising with Bloggers

Category: Press Releases

Efir.io Tokenizes Advertising with Bloggers

Efir is an international p2p marketplace that connects players of bloggers native advertising market with IT startups. Intellectual search engine Gutenberg has just been published and Efir.io started the main stage of token exchange. More than 170,000 YouTubers from all over the world with at least 20,000 subscribers are available to the search engine. However, Efir doesn’t try to profit…

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