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Death of ICOs: Security Tokens Will Take Center Stage in 2019

November 27, 2018 by Priyeshu Garg at Altcoins, Blockchain, Finance, ICO/IEO, News

ICOs might be the most popular way to raise funds in the crypto industry, but their fame could be short-lived. The potential market for security tokens is enormous, with estimates for the broader transition of financial assets to blockchain valued at up to US$24 trillion, the South China Morning Post...

Is At-Home GPU Mining Dying?

November 27, 2018 by Alex Lielacher at Altcoins, Bitcoin, Ethereum, Mining, News, Platform, Tech

On November 14, 2018, quantitative trading firm Susquehanna published a report on the state of the digital currency mining sector. More specifically, the report focused on the Ethereum network and its steep decline in profitability. No Profitable GPU Mining on the Ethereum Network According to the report, Susquehanna found that...

Al Hilal Islamic Bank Completes Sukuk Transaction with Blockchain Technology

November 27, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, News, Platform, Tech

Al Hilal Bank, a progressive Islamic Bank headquartered in Abu Dhabi has announced the successful completion of an Islamic Sukuk transaction via distributed ledger technology, making it the first Islamic bank to achieve such a feat, according to a local news source, Abu Dhabi City Guide on November 26, 2018....

Bitcoin Loses One-Third of its Value to Reach Twelve-Month Low: BTCManager’s Week in Review Nov 26

November 26, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Finance, News, Platform, Tech

The price of bitcoin crashed by a staggering 33 percent in the last seven days after uncertainty sparked by the bitcoin cash “hash war” reminded markets in the prior week how volatility cryptoassets still are. Bitcoin dropped from $5,600 on Monday morning to around $3,750 by Sunday afternoon, to reach...

Overstock Founder Looks to Blockchain Technology As the Company’s Future

November 26, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Development, Finance, Investment, News, Tech

Internet Retailing giant Overstock is prepared to sell their online retail business by investing the company’s funds on tZero, a blockchain-based trading system, and other blockchain startups. According to the Wall Street Journal’s article published on November 23, 2018, while tZero is currently costing the company millions of dollars every...

Japan’s Tainted Crypto-Exchange Coincheck Introduces Trading of XRP after Infamous Hack

November 26, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Exchange, Finance, News, Platform

Coincheck digital assets exchange and trading venue have announced the resumption of deposits and trading of Ripple's XRP and Factom (FCT) altcoins, following its January 2018 half a billion dollar heist, reported Finance Magnates on November 26, 2018. Coincheck Back Alive It appears the storm is over after all for...

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Crypto-Funds Face Existential Crisis as Bitcoin Prices Tumble

November 26, 2018 by contributor at Altcoins, Bitcoin, Finance, News, Platform, Tech

The springing up of “crypto” hedge funds in proportion to the rising market cap in 2017 led many to truly believe in the “institutionalization” of the asset class. A year later, few have survived, and those who are active have been facing an inevitable existential crisis, opinionated Anthony Pompliano via...

The Crypto Market Is $0.7 Trillion Down

November 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, News

The great cryptocurrency crash of 2018 is heading for its worst week yet, with Bitcoin slipping closer to $4,000, extending the Bloomberg Galaxy Crypto Index’s decline since November 16 to 23 percent, Bloomberg reported on November 23. Crypto Markets Suffer Heavy Losses After an epic rally in 2017 that exceeded...

Colorado Securities Regulators Crack Down on 18 ‘Fraudulent’ ICOs, With More on the Way

November 25, 2018 by Priyeshu Garg at Altcoins, Business, Finance, News, Regulation

The Colorado State Department of Regulatory Agencies (DORA) has filed cessation orders against four ICOs that were allegedly involved in 'fraudulent and illicit' practices, bringing the total number of ICOs stopped by the state’s bodies to 18 this month, Denver Business Journal reported on November 22, 2018. Four More ICOs...

China’s Mining Rig Industry Is Still Leading The Way For Bitcoin Miners Worldwide

Bitcoin Price Crash Forces the Chinese Miners to Sell Their Equipment As Junk

November 24, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Blockchain, Business, Finance, News

It is not only the HODLers who are affected by the recent dip in the price of bitcoin, as a report by International Times, published November 23, 2018, posits that cryptocurrency miners in China are selling their expensive mining rigs at giveaway prices. Bitcoin Miners Not Able to Breakeven It...

Godfather of Fintech Uses Cryptocurrency and Blockchain Technology to Make Crowdfunding More Legitimate

Australia’s Bit Trade Cryptocurrency Exchange Launches Equity Crowdfunding Program

November 24, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Finance, Investment, Tech

Bit Trade, a leading Australian bitcoin trading venue that claims to offer clients fast, secure and straightforward cryptoassets trading services has announced the launch of its crowdfunding campaign via Equitise, to enable it raise $3 million for its strategic growth and international expansion plans, according to a Business Insider report...

Norway: Government Removes Electricity Subsidy for Bitcoin Mining Facilities

November 24, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, News

According to a report published by Norway’s largest distributed newspaper Aftenposten, November 21, 2018, the Scandinavian country’s government has decided to do away with electricity subsidy provided to bitcoin mining entities. Bitcoin Mining Haven No More Subsidized electricity rates in the country made it an attractive destination for cryptocurrency miners the world over...

Leading Telecoms Firm Accelerating Blockchain Adoption in Europe

European Parliament Member Optimistic about a Blockchain-Powered Political System

November 24, 2018 by Nigel Dollentas at Altcoins, Blockchain, Business, News, Platform, Tech

Eva Kaili, the Greek member of the European Parliament, spoke optimistically about the future of cryptocurrency past standard applications and focused on the potential within politics on November 22nd, 2018. The interview was conducted at Decentralized 2018, a blockchain conference held in Europe and organized by the University of Nicosia. The Chair...

Doubling Down as Bitcoin Plunges is a ‘Problematic Mindset,” Says Personal Finance Author

November 23, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Ethereum, Finance, Investment, News, Platform, Tech

As the price of Bitcoin continues to fall, many investors are doubling down and sticking with their decisions, which is a sign of a 'problematic mindset' that leads to more loss, Business Insider India reported on November 21, 2018. Identity Crisis Strikes Investors Despite the hard hits cryptocurrencies have taken...

Amazon Web Services Outrage Causes Korean Exchanges to go Dark

November 23, 2018 by Nuno Menezes at Altcoins, Blockchain, Business, News, Platform, Tech

Amazon Web Services (AWS) suffered an outage that affected two major cryptocurrency exchanges and dozens of other businesses. These server Failures ended up leaving Coinone and Upbit with its services offline, reported The Next Web on November 22, 2018. South Korean Exchanges Lose Connection Two of the major South Korean...

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