#Altcoins

Blue Sweatered Person Holding Stack of Stablecoins

BitGo Now Supports Universal Protocol Alliance Stablecoins

December 8, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, Business, Development, Exchange, Finance, News

BitGo, a leading blockchain security and cryptocurrency custodian based in California, has formed a strategic alliance with the Universal Protocol Alliance. The partnership will enable BitGo to offer support for the latter's cryptoassets, including its U.S. dollar (UPUSD) and euro-pegged (UPEUR) stablecoins, according to a Business Wire press release on...

Seven E.U. Nations Sign Declaration to Explore Use Cases for Distributed Ledgers

December 8, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, News, Platform, Tech

As many as seven countries in the European Union are banding together to help promote blockchain technology throughout the continent, Financial Times reported December 4, 2018. The list of countries mostly comprises of southern members, including France, Italy, and Spain. The governments of these nations will reportedly explore applications for...

South Africa: Crypto Exchange Platform VALR Launched in Partnership with Bittrex

December 8, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Development, Exchange, News, Platform

Farzam Ehsani, former blockchain lead at Rand Merchant Bank (RMB), has launched his new business initiative named VALR, reports Tech Central, on December 6, 2018. Based in South Africa, VALR is a digital asset trading platform which has been launched in partnership with crypto exchange trading platform Bittrex. VALR to...

Bitcoin, Ether, and XRP Desks Under Gazprombank Sign

Gazprom Banking Department Announces Launch of Crypto Trading Service for 2019

December 8, 2018 by Nuno Menezes at Adoption, Altcoins, Bitcoin, Blockchain, Business, Finance, News

On December 6, 2018, Gazprombank, the Russian bank's Swiss division, is said to have been working with Avaloq and Metaco to implement a cryptoassets service that will allow its customers to deal in cryptocurrencies without the hassle of managing wallets or passwords. 2019 Crypto Launch Finance Magnates noted that the...

Lawsuit Filed Against Roger Ver, Bitmain, Kraken Over ‘Hijacking Bitcoin Cash Network’

December 8, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Blockchain, Finance, News, Platform, Tech

On December 6, 2018, publicly listed American internet services company UnitedCorp filed a lawsuit against Bitcoin Cash proponent Roger Ver, the founder of bitcoin.com, bitcoin mining giant Bitmain and cryptocurrency exchange Kraken for allegedly hijacking Bitcoin Cash network unlawfully for personal benefit. Questionable Action or Not? United American Corp has...

Blockchain Subscription Services Is Here with EIP-1337

December 7, 2018 by Pratik Makadiya at Altcoins, Blockchain, Business, Cryptocyclopedia, Ethereum

Changing times and economic dynamics of the modern consumer, customers today are less keen on paying large amounts for products or services upfront. Instead, they believe in paying regular small installments, rather than paying the full value of a product to own it. In many ways, access trumps ownership. The...

Swiss Residents Can Now Buy Monero (XMR) at Bity-Operated Crypto ATMs

December 7, 2018 by Rahul Nambiampurath at Adoption, Altcoins, Business, Finance, News, Regulation

Blockchain startup Bity has announced that its cryptocurrency ATMs deployed across Switzerland will now support the purchase of Monero (XMR) tokens. The company has listed the addresses and operating hours of its machines in a post published December 4, 2018. The Gold Standard of Privacy Coins Denominations of the privacy...

R3 Tent Wagons Carrying Ripple Tokens across the Desert

R3 Adds Ripple as First Settlement Mechanism on New Payments dApp

December 7, 2018 by Priyeshu Garg at Adoption, Altcoins, Blockchain, Business, Development, Finance, News

R3, the world’s leading developer of enterprise blockchain solutions for business, launched a new global payment platform that uses Ripple’s XRP as its initial base currency, the company announced in a press release on December 5, 2018. R3 Launches a New Global Payment Platform One of the leading enterprise blockchain...

Ripple, Cardano, NEM, and Fetch.AI Form Lobbying Group in Europe

December 7, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, News, Regulation

According to a report by Finance Magnets, published on December 5, 2018, Ripple (XRP), NEM, Fetch.AI, and Cardano (ADA) have come together to form a lobbying group in Europe. The aim of the group will be to “create a unified voice for the blockchain industry at the European level.” Regulations:...

Japan on the Verge of Legalizing Initial Coin Offerings (ICOs)

Less than 2% of “Suspicious Transaction” Reports in Japan Are Linked to Cryptocurrencies

December 7, 2018 by Eddie Mitchell at Altcoins, Bitcoin, Crime, Finance, News, Regulation

Between January and October, Japanese police had received 5,944 reports with regard to nefarious and illicit activities tied to cryptocurrencies according to local media, December 6, 2018. Report Details According to multiple Japanese news outlets, National Police Agency (NPA) officials have said that the figure is eight times that of...

Ethereum Cofounder Claims IBM Blockchain “Misses the Point”

December 7, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Commentary, Development, Ethereum, News

Hosted in Prague, Czech Republic, Ethereum cofounder Vitalik Buterin kicked off Ethereum’s recent Devcon 4 conference by talking about the community’s fourth development phase, Serenity. Dubbed “Ethereum 2.0,” he claimrf that it is a “combination of a bunch of different features that we have been talking about for the past...

robot hand touching a red computer screen

Machine Learning Algorimths Identify Cryptocurrency Pump-and-Dump Schemes Before they Happen

December 6, 2018 by Cindy Huynh at Altcoins, Blockchain, Crime, Mining, News, Regulation, Tech

According to MIT Technology Review’s on December 4, 2018, security researchers have discovered a machine learning algorithm that can spot cryptocurrency pump-and-dump schemes in advance, which can help prevent and stop any pump-and-dump projects from developing further. The Anatomy Of a Pump-And-Dump Scheme While pump-and-dump schemes are common in conventional commodity...

McAfee Report: Cryptocurrency Mining Malware to only Grow in Magnitude

Cryptojacking: 415,000 Routers Infected with Cryptocurrency Mining Malware Globally

December 6, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Platform, Tech

While the price of bitcoin has nearly hit rock bottom from its $20,000 all-time-high of 2017, the bloodbath has not deterred bad actors from carrying out cryptojacking attacks. According to a Digital Trends report on December 4, 2018, rogue actors have installed crypto mining malware on 415,000 MikroTik routers globally. Cryptojackers on...

Blockchain Streaming out of a Bank onto Someone's Phone

The U.S. DFS Approves Digital Payment Platform for Commercial Banking Transactions

December 6, 2018 by Cindy Huynh at Adoption, Altcoins, Blockchain, Business, Finance, News, Regulation

Maria T. Vullo, the Financial Services Superintendent, announced on December 4, 2018, that the Department of Financial Services (DFS) had approved Signet, the New York State-Chartered Signature Bank’s new digital payment platform. Signet: Innovative Solutions for Bank Payment Systems According to the DFS’ press release, Signature Bank is the first...

Circle Acquires US-based Bitcoin Exchange Poloniex For An Undisclosed Amount

Poloniex Opens up to Institutional Investors

December 6, 2018 by Pratik Makadiya at Altcoins, Blockchain, Business, Exchange, Finance, News, Platform, Tech

On December 4, 2018, Circle-owned cryptocurrency exchange Poloniex has opened doors to institutional investors on its platform. The crypto exchange announced that it has begun offering institutional accounts to large and small companies. Serving Institutional Clients The new update talks about large and small institutions enjoying the benefits of “curated...

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