#Altcoins News

Facebook in Talks with Winklevoss Twins to Register “GlobalCoin” on Gemini

May 26, 2019 by Mohammad Musharraf at Altcoins

The Financial Times reported on May 24, 2019, that Facebook’s Mark Zuckerberg had held talks with the twin cryptocurrency billionaire brothers and co-founders of the Gemini cryptocurrency exchange. “Sources” Are Free to Speak Information regarding Facebook’s secret blockchain and cryptocurrency project is being disclosed in bit by bit thanks to...

Facebook Could Launch Its Native Cryptocurrency “GlobalCoin” in 2020

May 24, 2019 by Aisshwarya Tiwari at Altcoins

According to a BBC report published on May 24, 2019, Facebook is in the final phase of launching its secretive cryptocurrency project. Crypto Project to Go Live in Q1 2020 Social media giant Facebook has for months been reportedly working on a cryptocurrency project. Reports until now have implied that...

Necklace with Binance and Fantom Logos Hanging from it

Fantom and Binance Team up for Multi-Asset Cross Chain

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...

Bitfinex and Ethfinex Launch Initial Exchange Offering Platform Tokinex

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...

Lao P.D.K notice NO CRYPTO pointing finger warning

Laos Central Bank Wary of Cryptocurrencies’ Use in Money Laundering

May 22, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, News, Regulation

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...

Deep Dive: What is Ravencoin?

May 22, 2019 by Aisshwarya Tiwari at Altcoins, Cryptocyclopedia

Comfortably nestled among the top 50 cryptocurrencies on CoinMarketCap, Ravencoin (RVN) is one of the more exciting crypto projects in the industry. The cryptocurrency, whose name is inspired from the small black birds in George R. R. Martin’s fictional world of Westeros was one of the strongest performers during the...

Ripple Facilitates Payment Remittances From India to Saudi Arabia

May 22, 2019 by Ashwath Balakrishnan at Adoption, Altcoins, Blockchain, Finance, News, Ripple

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...

A contract next to a bitcoin themed cake on a plate

Bitcoin-Based Smart Contracts Platform Adds “Third Layer” Scaling Solution

May 22, 2019 by Liam J Kelly at Altcoins, Bitcoin, Blockchain, Commentary, Development

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...

“Crypto Spring” May Be Back, but Investors Should Remain Cautious

May 22, 2019 by Ashwath Balakrishnan at Altcoins, Bitcoin, Cryptocurrency Market Outlook, News

Is crypto spring finally here? Renowned venture capitalist and angel investor, Fred Wilson, believes it just may be, as he mentioned in a blog post, May 15, 2019. His fund, Union Square Ventures (USV), is one of the most significant private investment funds in the space and has funded the...

UK: Crypto Scams Increased Three-Fold, Net Losses Decreased

May 21, 2019 by Mohammad Musharraf at Altcoins, Bitcoin, Crime, News

According to a report from the Financial Times, the number of crypto and forex scams had increased three-fold in the past financial year, increasing from 530 to 1,834 in 2018-19. The net loss associated with the frauds summed to $34 million. 81 Percent Scams are Related to Crypto The financial...

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