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Ethereum Can Exist in India despite Crypto Ban, Says Cofounder Joseph Lubin

August 1, 2018 by Priyeshu Garg at Adoption, Altcoins, Blockchain, Commentary, Development, Ethereum, News

Ethereum cofounder Joseph Lubin has stated that the world’s second largest blockchain network offers a lot more than merely transfer of value through cryptocurrency. Speaking to LiveMint during a July 23, 2018, visit to India, Lubin said that Ethereum is the only genuinely decentralized network apart from bitcoin and that...

Litecoin Creator Joins HTC Exodus Team as Cryptocurrency Advisor

August 1, 2018 by contributor at Adoption, Altcoins, Bitcoin, Blockchain, Business, News

High Tech Computer Corporation (HTC), will soon enjoy the consulting services of Litecoin creator Charlie Lee, after the latter revealed on July 29, 2018, his involvement in HTC’s cryptocurrency-powered smartphone, called “Exodus.” The Exodus-Litecoin Connection Lee stated he would spearhead the development of Exodus, in HTC’s push to appeal to...

U.S. Prosecutors Take Down $722 Million Ponzi Scheme

Bostonian Nabbed for Stealing Millions in Bitcoin via SIM Swapping

August 1, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Crime, News

California investigators have arrested Joel Ortiz, a 20-year old college student who is a key suspect in the phone jacking and SIM swapping operation that saw more than 40 bitcoin and other cryptocurrency holders lose their cryptoassets. Victims included attendees present at the Consensus blockchain conference. Where's the Bitcoin? Per...

Vitalik Buterin Terms Crypto ETF “a Distraction”

August 1, 2018 by Rahul Nambiampurath at Adoption, Altcoins, Bitcoin, Commentary, Ethereum, Investment, News

Bitcoin and other cryptocurrencies have witnessed higher than average trading volumes over the past two weeks. This is partly due to investor enthusiasm as the Securities and Exchange Commission (SEC) is expected to announce its long-awaited decision on a crypto ETF. Amidst this discussion though, Ethereum co-founder Vitalik Buterin has...

Japanese Firm SBI Plans to Create Cryptocurrency Derivatives Platform to Hedge Risk

August 1, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Investment, News

On July 31, 2018, Japanese financial services company SBI Group indicated that it plans to create a trading platform for cryptocurrency credit default swaps (CDS), also known as derivatives. The platform’s purpose is to hedge the inherent risk of investing in cryptocurrencies, and to this end, SBI has made a significant...

World’s First XRP-Based Cryptocurrency Exchange Launches with Support from AlphaPoint

August 1, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Exchange, News

AlphaPoint, a cryptocurrency firm, officially announced the launch of DCEX on July 30, 2018. DCEX is a decentralized exchange platform aimed at retail and institutional investors and runs solely on blockchain technology provided by AlphaPoint. Based out of San-Francisco, DCEX utilizes XRP as its “base currency.” This implies that all the...

Token Alliance Sets out Detailed ICO and Cryptocurrency Guidelines

August 1, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, News, Regulation

The Chamber of Digital Commerce and Token Alliance have released the first set of comprehensive guidelines for digital token and ICOs. Titled “Understanding Digital Tokens: Market Overviews & Guidelines for Policymakers & Practitioners,” the report was released on July 30, 2018, and is now available for public review. Guidelines Objective...

Move Over Bitcoin: Blockchain Meets Babies, Fashion, Poetry, and Space Travel

July 31, 2018 by Lisa Bowman at Altcoins, Bitcoin, Blockchain, Business, Commentary, Entertainment, News

Widespread blockchain fervor is producing some fascinating concepts and uses cases for the new technology. In every niche, there seems to be someone who sees the potential and strives for implementation. Not surprisingly, financial institutions seem to be at the forefront of blockchain experimentation, but regardless, blockchain has made its way...

Ethereum: A Retrospective of the First 3 years

July 31, 2018 by Eric Czuleger at Altcoins, Business, Development, Ethereum, Finance, Mining, News, Platform

On July 30, 2015, Ethereum was launched by co-founders Vitalik Buterin and Joe Lubin. Three years on it has become the second biggest cryptocurrency in the world as well as creating an extensive blockchain landscape for all newcomers. A Constellation of Value Ethereum created a constellation of businesses branching off...

Mike Novogratz’s Crypto Bank Set to Trade on Canadian Public Exchange despite Slow Start

July 31, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Investment, News, Regulation

Mike Novogratz’s crypto bank is finally set to start trading on the TSX Venture Exchange from August 1, 2018. The trading will commence through Galaxy Digital Holding Ltd. under GLXY ticker. Novogratz is confident that his venture will hit profit in Q2, 2019. Canadian Regulators: Slow, but Sure Novogratz expressed...

Power Ledger Blockchain to Bring Lights Back on in Puerto Rico

Peer-to-Peer Power Electrifies Australia with Blockchain and Renewables

July 31, 2018 by Eric Czuleger at Adoption, Altcoins, Blockchain, News

Power Ledger, a peer-to-peer renewable energy marketplace, is electrifying an entire apartment building using blockchain-based renewable energy according to July 30, 2018, reports. Public-Private Partnership Power Ledger is an Australian based renewable energy startup which has been operating since 2017. It created a platform that allows its customers access to...

How Blockchain Is Reshaping Education

July 31, 2018 by Lisa Bowman at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, News

As the demand for highly skilled developers, engineers, and innovators in the blockchain and cryptocurrency arenas is rising faster than Bitcoin, itself, many higher education institutions are stepping up to the plate offering courses, clubs, research lab opportunities, and even degrees. How Is Higher Education Keeping up with Blockchain? It...

Gibraltar Leading the Field in Cryptocurrencies

July 31, 2018 by Eric Czuleger at Altcoins, Blockchain, Entertainment, News

Gibraltar will become the first football team to compensate their players in cryptocurrency. Next season, the tiny nation between Morocco and Spain will begin paying salaries for their semi-pro team in Quantocoin. Quantocoin Takes the Field Quantocoin, according to its white paper, bills itself as an asset with “immediate liquidity”...

Decoin: The Next-Generation Trading Platform

July 30, 2018 by Priyeshu Garg at Altcoins, Exchange, Finance, ICO/IEO

One of the most significant problems cryptocurrency holders and traders face today is in their everyday use: how to secure liquidity and functional use in day-to-day activities? This is the burning issue that a new project is trying to solve. Decoin, an open source P2P ecosystem with its digital currency,...

Bitcoin Bulls Withstand ETF Rejection to Push Bitcoin Price towards Two-Month High: Week in Review July 30

July 30, 2018 by Alex Lielacher at Altcoins, Bitcoin, Commentary, News, News Digest

The price of bitcoin rallied by ten percent week-on-week despite the rejection of the Winklevoss Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC), which caused a brief drop in price mid-week. The SEC declined the appeal of the Winklevoss ETF because “[the] exchange [must] be designed to prevent...

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