#Altcoins News

Facebook Met U.K. Regulators Months Before Libra Announcement

British MP Wants to Probe Facebook’s Libra Cryptocurrency

July 23, 2019 by Osato Avan-Nomayo at Altcoins

A member of the British Parliament wants to probe Libra over concerns user data privacy. The news comes following similar legislative appearances before the U.S. Congress and adds to the growing negative sentiments around the project from across the globe. This according to a report from Financial News, July 22,...

Tron dApps Volume Reaches a new Record, Surpassing Ethereum and EOS

July 22, 2019 by Edoardo Vecchio at Altcoins

According to analytics published by Dappreview on July 21, Tron dApps volume hit a new record high at $67,944,673.82, surpassing both Ethereum and EOS which respectively hold a daily volume of $5,583,074.11 and $11,030,606.39. TRONbet brings Tron on the podium Tron is rapidly climbing the rankings as the best platform...

Binance parachutes airdropping crates of stellar lumens xlm

Binance to Launch Stellar (XLM) Staking and Airdrop 9,500,000 XLM

July 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Binance, the world’s leading bitcoin trading venue is set to add support for Stellar (XML) staking starting from July 20, 2019. Holders of Stellar (XLM), the 10th largest cryptoasset in the world, in their Binance wallet will partake in the 9,500,000 XLM airdrop, according to a press release on July...

Ontology (ONT) and NEO (NEO) Launch Open Cross-Chain Platform

July 18, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins

NEO (NEO), an open-source, community-driven platform for decentralized applications (dApps) has joined forces with Ontology (ONT) to build an open cross-chain platform to serve as a foundation for the next-gen internet, according to a press release on July 18, 2019. NEO and Ontology Building the Next-Gen Internet In a bid...

Jamie Dimon Isn’t Worried About Competition From Libra

July 18, 2019 by Ashwath Balakrishnan at Altcoins

The CEO of America's biggest bank, J.P. Morgan Chase, doesn't believe it is worth losing sleep over Libra for the time being. Dimon is of the view that in the short term, Libra will have little to no effect on banks and global payments in general. He further stated that...

Diamonds Sitting next to a Pyramid Scheme

Venezuelans File $30 Million Lawsuit against Crypto Ponzi Scheme

July 17, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

A group of Venezuelan citizens has dragged the owners of Eagle Financial Diamond Group Inc. and Argyle Coin have been dragged to court for defrauding them through their diamond-backed crypto Ponzi scheme. Now, the plaintiffs are demanding their initial investment money plus interest on the funds, as well as fees...

CoinFLEX to Launch Polkadot’s DOT Futures on July 17, 2019

July 17, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

CoinFLEX, a platform that offers physically-delivered Bitcoin and Tether futures, is looking to launch its first initial futures offering (IFO) on July 17, 2019. The first project, Polkadot’s DOT tokens, will be offered at $75 each during the IFO. The sale is in a bid to meet a $1.2 billion...

Cleveland Cavaliers BasketBall Club Joins the Crypto Bandwagon

July 16, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

The Cleveland Cavaliers, an American professional basketball club established in 1970, and Cavs Legion GC, the NBA 2K League counterpart of the former, have inked a partnership deal with UnitedCoin, a cryptocurrency project. The partnership will enable UnitedCoin to become the official crypto partner of Cavs Legion, according to a...

Ethereum Ether and Vitalik Buterin Admiring Bitcoin Cash BCH

Vitalik Buterin Suggests Bitcoin Cash Blockchain Usage as a Stopgap Until ETH 2.0

July 16, 2019 by Ashwath Balakrishnan at Altcoins

In an unexpected turn of events, Vitalik Buterin has suggested the use of the Bitcoin Cash (BCH) blockchain as a data layer where transaction verification takes place. In essence, all ETH transactions would be settled and verified on the BCH blockchain, and confirmation will be sent back to Ethereum. This...

The UK’s Royal Mint Produces First Cryptocurrency

July 15, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Temtum, a crypto project developing a quantum-secure, decentralized blockchain network called Temporal, has created the genesis block for its temtum (TEM) altcoin using the infrastructure of the Royal Mint. The startup has also stored temtum’s private keys in the vault of the Royal mint ahead of its official launch on...

Brazil Coffee Coin Green Blockchain Coffee bean

Coffee Farmers in Brazil to Start Using Coffeecoin Cryptocurrency

July 12, 2019 by Anthonia Isichei at Altcoins

Brazilian coffee farmers will soon have access to a cryptocurrency called “coffeecoin”, according to a report on Bloomberg on July 10, 2019. This new cryptocurrency is to be launched by one of the country’s largest arabica-coffee cooperatives, and it reflects the growing interest in crypto tokens. Coffee-backed Cryptocurrency One of Brazil’s biggest arabica-coffee...

Miami Dolphin football player reaching for Litecoin

Miami Dolphins Name Litecoin (LTC) as Their “Official Cryptocurrency”

July 12, 2019 by Aisshwarya Tiwari at Altcoins

Litecoin (LTC) has become the “official cryptocurrency of the Miami Dolphins,” the Litecoin Foundation announced through a blog post, July 12, 2019. Ride the Lightning The mingling of sports and digital currencies is not something unheard of. To date, a number of high-profile sports clubs have entered into partnerships with...

Someone Sent $99 Million in Litecoin, Costing Just $0.40 in Fees

Charlie Lee Sounds Bubble Alarm less than a Month before Litecoin Halving

July 11, 2019 by Ashwath Balakrishnan at Altcoins

The creator of Litecoin (LTC), Charlie Lee, has warned investors of a potential bubble when the upcoming halving event occurs. He further warned investors seeking crypto exposure that it is still incredibly young and the volatility is an innate feature of the asset class, as reported by Micky, July 10,...

Facebook Heavily Criticized in Congressional Hearing, Zuckerberg Evades Specific Questions

U.S. Federal Reserve Puts Facebook’s Project Libra in the Hot Seat

July 11, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

The United States Federal Reserve Chairman, Jerome Powell, has joined the growing list of authorities calling for the head of Mark Zuckerberg and Project Libra. Powell says Libra's global cryptocurrency poses serious concerns regarding money laundering, privacy, and a host of others reports CNBC on July 10, 2019. Powell Says...

Overstock’s tZERO Tokenizes First Hollywood Movie

July 10, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

tZERO, a majority-owned subsidiary of Overstock.com aimed at using distributed ledger technology (DLT) to strengthen the capital markets, has joined forces with the producers of the upcoming Atari movie. The two will tokenize the first major theatrical motion picture, according to a press release on July 9, 2019. Atari Movie...

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