#Altcoins News

Waves (WAVES) Decentralized Exchange Announces ERC-20 Support

Waves Brings the Heat to Ethereum and EOS with Smart Contracts

June 27, 2019 by Ashwath Balakrishnan at Altcoins

Waves (WAVES) has finally added functionality for smart contracts to its network, deployable through the RIDE programming language. This will enable global developers to harness and utilize a fully-powered decentralized ecosystem to build dApps, as per a press release, June 25, 2019. More Focus on Smart Contracts The decentralized network...

JPM Coin, Ripple Dash Ether Figures Power Gold

JP Morgan‘s Cryptocurrency to Begin Customer Testing This Year

June 25, 2019 by Eddie Mitchell at Altcoins, News

An interview with JPMorgan’s head of digital treasury services and blockchain Umar Farooq has revealed that the financial giant is getting ready to test out their JPM Coin with clients, as per a report from Bloomberg Japan, June 25, 2019. Trial Phase As per the report, Umar Farook disclosed that...

Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism

June 25, 2019 by Osato Avan-Nomayo at Altcoins

Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the...

Stephen Moore: Facebook’s Libra Is a New Challenge to Banks

June 25, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Just when it seems the entire world is against Facebook’s Project Libra, Mark Zuckerberg and his team have gotten a new friend in Stephen Moore, an American writer, television commentator, and confidant of U.S. President Donald Trump. Moore has described Libra cryptocurrency as an interesting venture that represents a new...

Bitcoin SV’s Transaction Volume May Depend on Crypto Whales

June 25, 2019 by Ashwath Balakrishnan at Altcoins

Bitcoin SV (BSV) has been in the spotlight since forking off the Bitcoin Cash (BCH) blockchain under the leadership of Craig Wright, Jimmy Nguyen, and Calvin Ayre. Transactional volume on the network is becoming more dependent on whales as Kevin Rookie of The Spring reports that 86.4 percent of BSV volume...

Luxury Fashion Brand Alyx Adopts IOTA Blockchain

June 25, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Alyx, a luxury fashion brand built on the concept of a subversive culture, has announced the launch of a blockchain pilot powered by IOTA (MIOTA). The project is aimed at increasing supply chain transparency and boosting consumer confidence in its products, reports Vogue Business on June 24, 2019. Alyx Joins...

Looking in a filing cabinet to find Facebook' coin under project libra drawer

Why Facebook’s Libra Has all the Makings of a Private Central Bank

June 24, 2019 by Anthonia Isichei at Adoption, Altcoins

A columnist for The Wall Street Journal (WSJ) recently spoke about the upcoming Facebook cryptocurrency, Libra. According to the article, the columnist opines that the proposed stablecoin isn’t as promising as projected and added that Libra gives Facebook the “license to print money.” Libra Will Become a Private Central Bank Recently,...

Ripple’s CEO Believes Facebook’s Libra is a Net Positive for Crypto

June 21, 2019 by Ashwath Balakrishnan at Altcoins, News

Brad Garlinghouse, the CEO of Ripple Inc, is bullish on cryptocurrency adoption stemming from the potential to attract billions through Facebook's latest cryptocurrency launch. In an exclusive interview with Fortune, Garlinghouse declared that more banks have come forward to enquire about using xCurrent and he believes the increased interest is a...

Magnifying Glass Cracking the Libra Coin

Can We Trust the Facebook Consortium?

June 21, 2019 by Edoardo Vecchio at Altcoins

It has been a busy two days for Facebook as the social media giant earned the attention of the world following the launch of its project Libra. As of late, a Hong Kong programmer lanced another attack on the project's governance structure, highlighting a dangerous vulnerability. Libra in the Spotlight...

YouNow Live Video Streaming Startup Launches Native Cryptocurrency

June 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

YouNow, a U.S.-based live video streaming company with more than 47 million registered users, has completed a Regulation A+ filing with the United States Securities and Exchange Commission (SEC) to enable it to distribute its newly launched Props token to users of the platform, according to a Reuters report on...

Be Smart: Why You Should Never Forget to Bring In the Auditors

PwC Updates Halo Suite to Audit Cryptocurrency Transactions

June 20, 2019 by Anthonia Isichei at Altcoins

The Big Four consulting firm PricewaterhouseCoopers (PwC), revealed via a press release published June 19, 2019, the addition of a tool to its Halo Suite that would be used to audit cryptocurrency transactions. Per the report, the new software tools presently support eight virtual tokens, including bitcoin, bitcoin cash, litecoin, and...

EOS Block Producer Purchases Voice.com Domain for $30 Million

June 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

As part of its broader plans to make its decentralized social media platform Voice hugely successful, EOS block producer, Block.one has purchased the Voice.com domain name from MicroStrategy for a whopping $30 million, according to a filing published by the United States Securities and Exchange Commission (SEC) on June 18,...

Russian Hackers May Be Responsible for Coincheck Heist

June 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Investigators looking into the more than half a billion dollar Coincheck heist of 2018 have revealed that Russian hackers may have been responsible for the attack. Reports indicate that two malicious malware written in Russian, “mokes and “netwire,” have been discovered in the previously hacked Coincheck employee’s computer. This, according...

Facebook Project Libra on a Board with details about what it does

Project Libra: A Summary of What’s to Come

June 19, 2019 by Ashwath Balakrishnan at Altcoins, News

The biggest headline in crypto this month has been the launch of Project Libra by Facebook, which was announced along with a published whitepaper. Binance Research studied the whitepaper and drew their conclusions as to what Facebook is trying to achieve with their cryptocurrency, June 18, 2019. The Biggest Mainstream...

Ripple Partners with MoneyGram for Cross Border Payments

June 18, 2019 by Ashwath Balakrishnan at Altcoins

Days after the launch of Visa's cross border payment system, MoneyGram has partnered with Ripple to facilitate cross border payments with XRP. Ripple has agreed to provide $50 million in exchange for equity over two years, June 17, 2019. Seamless Cross Border Transactions Ripple has been making steady progress by...

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