#Altcoins

Going After Institutional Investment: The Case of Bakkt and Coinbase

August 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Exchange, News

Coinbase and Bakkt have both released promissory statements that are effectively come-get-me’s for institutional investors. Published within hours of each other on August 20, 2018, both statements share a lot in common - wording, framing and a shared belief in institutional investment as the future of crypto trading. What is...

Kin Launches the Kinit in iOS App Store and Google Play

August 25, 2018 by Nuno Menezes at Altcoins, Blockchain, Development, News, Tech, wallet

Kinit is a messaging app that allows its users to earn cryptocurrency just by using the app. It is the first app developed by KiK, a messaging service which also launched its cryptocurrency called Kin in the fall of 2017. The messaging service is now announcing that it has launched...

Indiegogo Allows Companies to Sell New Asset-Backed Digital Tokens

August 25, 2018 by Priyeshu Garg at Altcoins, Blockchain, Development, News, Tech

The owners of the St. Regis Aspen Resort in Colorado first to sell real estate security tokens on a blockchain with help from Indiegogo. Crowdfunding Site Introduces New Service Indiegogo, one of the largest global fundraising websites, is looking to expand its cryptocurrency offering by allowing companies to sell new...

U.S.: Cryptocurrency Investors Are Better Off Declaring Their Holdings and Paying Their Taxes

U.S. Tax Policy Is a Stumbling Block for Bitcoin Adoption

August 24, 2018 by Priyeshu Garg at Adoption, Altcoins, Bitcoin, Business, Commentary, News, Regulation

George Popescu has come down hard on the American Internal Revenue Service (IRS) and the U.S. tax code in general as stifling instead of enabling innovation through cryptocurrency adoption. In a Medium post published on August 22, 2018, the founder of crypto industry publication Blockchain Times and augmented reality startup...

Why Price Actions and the Blockchain Ecosystem Offer Two Distinct Narratives

August 24, 2018 by Cindy Huynh at Adoption, Altcoins, Bitcoin, Blockchain, Business, Development, Finance

Although the cryptocurrency industry is experiencing a bearish market, the broader blockchain ecosystem is snowballing and reaching a point of maturity. Assessing the growth of the blockchain industry by focusing on the cryptocurrency market is thus a misleading metric as the technology is thriving in the broader fintech ecosystem. Blockchain...

Wirex Acquires Coveted UK FCA e-Money License

August 24, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Ethereum, Finance, News, Regulation

Wirex Ltd., a cryptocurrency-fiat payments platform, has become just the third ever crypto-enabled firm in the world to be granted the prestigious UK FCA license. According to an official post on its website, the company was awarded the UK FCA license on August 21, 2018. Taking Formal Steps Forward This...

Blockchain Automation Industry to Be Worth $ 1.6 Billion by 2026, Claims BIS Research

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

BIS Research, global B2B market intelligence and advisory firm published a report on August 21, 2018, which estimates that the global automotive blockchain market size will reach figures around $1.6 billion by 2026. The report attributes the growing popularity of blockchain technology to its immense potential benefits, including immutability, reliability...

Hearo.fm to Build “Jam” Music Token on Hedera Hashgraph’s Distributed Ledger

August 24, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Finance, News, Platform

In a press release from August 21, 2018, hearo.fm announced its plan to launch the new JAM token using the Hedera Hashgraph public distributed ledger platform. A new Way to Stream Music According to the company's website, the token will be integrated with the hearo.fm platform to create tune.fm, a...

Sim-Swapping, Bitcoin Swiping 19-Year-Old Snags Luxury Car

August 24, 2018 by Eric Czuleger at Altcoins, Bitcoin, Crime, News

On August 17th police arrested 19-year-old Xzavyer Narvaez on seven counts of computer crime. These included identity fraud and grand theft. The hacker was accused of hijacking phone numbers to steal large amounts of cryptocurrency successfully. Attacks like this are a part of an emerging type of fraud called sim...

Privacy Cryptocurrency Dash Becomes Choice of Currency for Venezuelans

August 24, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Development, Finance, News, Tech

In a bid to mitigate the adverse effects of hyperinflation on the Venezuelan economy, President Nicolas Maduro introduced the oil-backed petro crypto earlier in 2018. Now, as reported by Business Insider on August 22, 2018, other altcoins are beginning to gain massive adoption in the region, with dash leading the...

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