#Altcoins

U.S. Blockchain Start-Up Chain Acquired by Lightyear; Business to Run on Stellar (XLM) Platform

September 11, 2018 by Aisshwarya Tiwari at Altcoins, Exchange, Finance, News, Platform

Lightyear Corp., a firm focused on the Stellar blockchain has acquired the San Francisco based DLT start-up Chain Inc. Per a report published by Reuters on September 10, 2018, Chain’s CEO Adam Ludwin has confirmed the deal. Terms of the Deal Both, the Chain and Lightyear brand will be amalgamated...

Bitcoin Drops to One-Month Low as Silk Road Wallet Cashes Out: BTCManager’s Week in Review

September 11, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Development, Exchange, Investment, Mining, News

The price of bitcoin dropped by 12 percent week-on-week after a Silk Road-related wallet holding 111,114.615 BTC and BCH, among other forks, - worth over one billion dollars - moved coins for the first time in four years, which many took as a sign that the wallet holder was about...

U.S.: Legislation Realizes Bitcoin Is Harder To “Ban” Than They Thought

Chinese Cryptocurrency Traders Circumventing Bitcoin Trading Ban via Tether and VPNs

September 11, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News, Regulation

While the Chinese regulatory watchdogs have not failed to renounce their support over digital assets trading and crypto businesses in the region, investors still engage in the “forbidden act” using virtual private networks (VPNs) and the Tether stablecoin, reported the South China Morning Post on September 8, 2018. Crypto Traders...

Crypto-Friendly Belarus Seeking South Korean Investment for DLT, A.I. and Blockchain Startups

September 10, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Exchange, Finance, News, Tech

Eastern European nation, Belarus has made it clear its doors are open to international investors from South Korea and various regions to invest in its vibrant blockchain technology, artificial intelligence, and other ‘fourth industrial revolution' technologies industry, as first reported by Korea JoongAng Daily on September 6, 2018. Groundbreaking Blockchain...

Winklevoss Twins Announce U.S. Dollar-Backed Token Gemini Dollar

September 10, 2018 by Pratik Makadiya at Altcoins, Business, Exchange, Finance, News, Regulation

On September 10, 2018, Winklevoss twins’ cryptocurrency exchange Gemini announced the launch of a new stablecoin, pegged by the U.S. dollar, dubbed the Gemini Dollar. “Strictly Pegged” to US Dollars The Gemini Dollar (GUSD) is an infant stablecoin that is claimed to be strictly pegged 1:1 against the U.S. dollar...

TransferGo Banks on Ripple’s Blockchain Solutions for Indian Expansion

September 10, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, News, Tech

TransferGo, a digital payments solutions firm headquartered in London has announced that it has extended its remittance services to India. Per a press release published on September 5, 2018, TransferGo will serve its customers in India, enabling swift real-time remittances from “anywhere in Europe” with aid from Ripple’s blockchain solutions....

SEC Halts Trading of Bitcoin and Ether Security Products Due to “Market Confusion”

September 10, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Exchange, Finance, Investment, News, Tech

The Securities and Exchange Commission (SEC) has temporarily suspended the trading of two cryptocurrency investment instruments due to "confusion expressed amongst market participants," reported Reuters on September 9, 2018. The identification and labeling of the investment instruments were a big problem as it was unclear whether the products were exchange-traded...

Opera Now Permits Users to Send NFTs Directly From Crypto Wallet

September 10, 2018 by Priyeshu Garg at Altcoins, Business, Exchange, News, wallet

Opera browser has claimed a bit of history after becoming the first browser to offer users a built-in crypto wallet back in July 2018. A blog post on the Opera website on September 7, 2018, states that the wallet’s new features now permit users to be kept in the know...

Coursera Join Forces with ConsenSys to Launch Online Blockchain Technology and Cryptography Course

September 10, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, Blockchain, News, Tech

Coursera online learning platform has allied with the ConsenSys blockchain project to launch a distributed ledger technology and cryptography course for everyone interested in learning about the burgeoning technology, according to a news release by Coursera on September 5, 2018. Blockchain and Cryptography for All Nations Coursera, the online learning platform...

Decentralized Exchange Altcoin.io Secures Almost $1m from WeFunder

September 9, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Ethereum, Exchange, Finance, Investment, News

Altcoin.io, a decentralized cryptocurrency exchange headquartered in San Diego, has raised nearly $1 million through WeFunder in its bid to become the world's safest platform for exchanging digital value, the company announced in a September 2, 2018, press release. Solving Crypto's Hacking Problem San Diego-based cryptocurrency exchange startup Altcoin.io is...

Hackers Recycle old Ransomware for new Crypto Malware

September 9, 2018 by Alex Lielacher at Altcoins, Bitcoin, Crime, Mining, News

Cybersecurity experts at Fortinet and Kaspersky have discovered new cryptocurrency malware that has been developed using updated versions of known ransomware according to September 5, 2018, reports. Cryptojacking Malware If you have been following blockchain media, you will be aware of the aggressive surge in cryptocurrency mining malware that allows...

Crypto Market Plunges $55 Billion, Number of Australians Holding Crypto Triples since January

September 9, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, Ethereum, Finance, News

The number of Australians holding cryptocurrency has nearly tripled since January 2018, despite the market suffering from heavy crashes and dipping almost $55 billion at the beginning of September, news.com.au reported on September 6, 2018. Australians Leaders in Crypto Adoption According to the recent report, Australia has seen a threefold...

Circle Names Former Homeland Security Official as Chief Legal Officer

September 8, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, News

Gus Coldebella, a former acting general counsel of the U.S. Department of Homeland Security, is now the new Chief Legal Officer of trading startup Circle Internet Financial Ltd., the company announced in a blog post on September 6, 2018. New Addition to the Company According to a blog post written...

South African Reserve Bank Wins Fintech Award for testing the Distributed Ledger Technology

September 8, 2018 by Nuno Menezes at Altcoins, Blockchain, Ethereum, Exchange, Investment, News, Tech

Blockchain, or distributed ledger technology (DLT), is growing faster than a speeding bullet. After a period of ostracization and criminalization, the technology behind Bitcoin is now being used by the Banking industry. Regulations Catching Up According to Central Banking, this Thursday, the South African Reserve Bank (SARB) was awarded the...

Castle Craig Hospital Extends Helping Hands to Bitcoin Trading Addicts

Burning of Long-Term Holders “Bitcoin Castle” Marks Beginning of new era

September 8, 2018 by Eric Czuleger at Altcoins, Bitcoin, News

On September 7, 2018, a “Bitcoin Castle” was engulfed in a blaze. Bright orange flames shot out of the roof of the 600-year-old Grand Manor Malla silhouetted against the twilight of the Estonian sky. Sirens from fire trucks and ambulances rang in the background, but when all was said and...

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