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Bitforex’s Multibillion-Dollar Cryptocurrency Transaction Volume Could Be Inflated

September 28, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Exchange, Finance, News

Singapore-based cryptocurrency exchange BitForex rose from relative obscurity to the top in a few short months. However, with the platform reporting daily transactions that exceed $5 billion, many are critical of the exchanges questionable business practices, Bloomberg reported on September 27, 2018. Crypto's Open Secret Once just one of the...

ClanPlay Announces $2 Million Raised for Blockchain-Based Gamer Rewards Platform

September 28, 2018 by Nuno Menezes at Altcoins, Blockchain, Entertainment, Finance, Investment, News

ClanPlay is an Israel-based startup gaming community platform with multiple features for developers and gamers alike. The company operates as a social hub for gamers that like to play with clans while also providing players with rewards for their skills. With only five employees, the company has raised $4 million...

Baidu Releases White Paper Outlining “Super Chain” Blockchain

September 28, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Development, News, Tech

Chinese internet giant Baidu, often called the “Google of China” for its overwhelming dominance in the country’s search engine and web services market has published the Baidu White Paper V1.0 on Sep 26, 2018. The white paper elaborates a homegrown blockchain network Baidu refers to as the “Super Chain.” Baidu...

North Korea Using Cryptocurrencies to Circumvent U.S. Sanctions According to Experts

September 28, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Commentary, Crime, Exchange, News

Two U.S-based financial crimes and intelligence experts, Lourdes Miranda and Ross Delston, have said that it is likely that North Korea is using both established DLT-based digital assets like bitcoin and ether to bypass U.S sanctions, reported Asia Times on September 24, 2018. North Korea Overcoming Sanctions with Bitcoin While...

Melbourne ICO/IPO Hybrid Assures Investors via Australian SEC Regulation

September 27, 2018 by Nigel Dollentas at Altcoins, Business, Finance, Investment, News, Regulation

On September 26, 2018, Melbourne startup Konkrete Distributed Registries announced an ICO for its property tokenization platform according to The Australian Financial Review. What’s significant is the timing as the announcement was made in a market where cryptocurrencies’ value is in the slumps, coupled with heightened regulatory pressure from various...

Coinbase Adopts Ethereum's Constantinople for Facilitating Merchants USDC Payments

Circle Announces Launch of Native Stablecoin “USDC”

September 27, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Finance, News, Tech

Circle has become the latest in a recent series of crypto platforms and exchanges to launch a stable coin as the market increasingly looks to diversify from Tether. Announced on September 26, 2018, in a post on the official Circle blog, USD Coin (USDC), developed in partnership with CENTRE enables...

Decentralized Dark Pool Exchange RenEx Launched by Republic Protocol

September 27, 2018 by contributor at Altcoins, Blockchain, Finance, News, Platform

The world’s first decentralized dark pool exchange, RenEx, launched on September 27, 2018, as per an announcement shared with BTCManager. Dark Pools 101 Developed by Singapore-based Republic Protocol, the platform focuses on trading large volumes of cryptocurrencies on hidden order books, called “dark pools,” between high-net-worth buyers and sellers. The...

SingularityNET (AGI) and UNESCO to Teach the Youth About Blockchain Technology

September 27, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Development, Finance, News, Regulation

SingularityNET, a decentralized protocol powered full-stack artificial intelligence solution platform has joined forces with UNESCO to teach children about the developments and scope of emerging technologies, including the blockchain, and machine learning, among others. Per an official blog post, published on September 25, 2018, the two entities will now work...

Bitmain Reports $2.8 billion in Revenue ahead of IPO

September 27, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Ethereum, Finance, Investment, Mining, News

Bitmain Technologies Ltd., the world’s largest cryptocurrency mining company, filed a preliminary IPO prospectus with the Hong Kong Stock Exchange (HKEX), disclosing revenues of $2.8 billion in the first half of 2018, Business Insider India reported on September 26, 2018. Crypto Meets Wall Street, again Bitmain Technologies is planning to...

Bitcoin, Ether, XRP Weekly Market Update: September 27, 2018

September 27, 2018 by Georgi Hristov at Altcoins, Bitcoin, Ethereum, Finance, News, Price Analysis

BTC closed September 20, 2018, at $6,493 with substantial gains of approximately $100 and a third consecutive green candle on the daily chart. BTC-USD The U.S. Securities and Exchange Commission (SEC) stated on September 20 that it has begun a review process for the physically-backed bitcoin ETF proposed by VanEck...

Ethereum Client Status Enables ENS Support and More in March towards Web3

September 27, 2018 by Liam J Kelly at Altcoins, Blockchain, Development, Ethereum, News, Platform

On September 27, 2018, Status announced the launch of a suite of developer tools to enrich the Ethereum experience. Embark 3.2, created by Iuri Matias, will provide Ethereum Name Service (ENS) support, updated Vyper support, a Swarm compatible Javascript Library, and an improved build pipeline among other features. The cooperation...

Crowd Machine CEO Craig Sproule Opens up on CMCT Theft

September 27, 2018 by Priyeshu Garg at Altcoins, Blockchain, Crime, ICO/IEO, News, Platform, Tech

On September 22, 2018, Crowd Machine, a blockchain startup aiming to create the world’s first global cloud computing service built on distributed ledger infrastructure suffered a severe hack that targeted the company’s crypto wallet and led to the loss of over 1 billion of its native CMCT tokens. Following the...

Kenyan hands receiving kenyan cryptocurrencies

Kenyan Blockchain Task Force Advise Authorities to Tokenize the Economy

September 27, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Development, Finance, News, Tech

Chairman of the Kenyan blockchain technology task force, Bitange Ndemo has urged the country's financial authority to replace the current fiat system with tokens, to reduce corruption and economic hardship, reported local news source, The Star on September 26, 2018. Kenya's DLT Task Force Recommend Blockchain-Based Crypto According to sources close...

Crypto Leaders to U.S. Congress: Hurry up With Regulation or We Might Just Leave

September 27, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

Around 80 business leaders representing the cryptocurrency industry and Wall Street met with U.S. lawmakers on Sep 25, 2018, to pass on an important message: Make way for regulatory clarity on crypto and ICOs without further delay or watch innovation ditching the U.S for a more business-friendly country. Hurry up...

U.K. Lawmakers Believe Britain’s Cryptocurrency Market Should Be Regulated

Is it time for Bitcoin’s Wild Financial Run to Be Reined in?

September 26, 2018 by Nigel Dollentas at Altcoins, Bitcoin, Commentary, Finance, Investment, Regulation

Satoshi Nakamoto set the spark under a massive pile of bone-dry lumber: Bitcoin and the thousands of projects inspired are allegedly setting fire to every conceivable industry on the planet. Bitcoin and Cryptocurrency What made Bitcoin so revolutionary was the fact it was the first widespread decentralized currency. No central...

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