#Altcoins

Egyptian Pound More Flexible than Cryptocurrencies, Says TransferWise CEO

June 7, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Commentary, Finance, News, Tech

As the paradigm of finance gradually repositions from traditional currencies to cryptocurrencies, it is likely that fiat supporters may find it a hard pill to swallow. In an attempt to oppose this tradition, Kristo Kaarmann, CEO of fintech firm TransferWise, stated that the Egyptian pound has been more beneficial than...

Blockchain ETFs Steadily Gaining Preference among Investors; OKEx ETFs Launched

June 7, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Among whispers of state-backed cryptocurrency exchanges making the rounds, blockchain Exchange Traded Funds (ETFs) offered by traditional finance behemoths are showing great promise. While the concept could have been unimaginable a few years ago, 2018 offers four ETFs dedicated to blockchain technology. Blockchain ETFs on the Rise While the emerging...

Kik Acquired by MediaLab, Cryptocurrency Dream to Survive

Kik CEO Believes Blockchain Is Not for Everyone

June 7, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Commentary, Ethereum, Finance, News, Tech

Kik’s CEO Ted Livingston does not believe that blockchain technology is for everyone. More to the point, the CEO appears pessimistic about the innovation underpinning bitcoin and other cryptocurrencies because he does not see the immense value it brings for many industries. Blockchain is only for Cryptocurrencies “Almost nobody should...

Apple Revises App Store Guidelines for Cryptocurrency Apps

June 7, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Ethereum, News

Apple has recently revised its App Store guidelines and provided new rules concerning cryptocurrency apps. According to TechCrunch, a number of Apple developers recently worked together to form a group called “The Developers Union.” The Union requested Apple to offer free trial versions of their apps. It’s one of the...

Binance Labs Head Thinks that Cryptocurrency Bubble Will Burst Soon, Giving Rise to “Truly Good Projects”

June 7, 2018 by contributor at Altcoins, Bitcoin, Commentary, News

While Binance made ripples in the cryptocurrency sector after unveiling its $1 billion fund plans, the head of Binance Labs, Ella Zhang, does not hold an optimistic outlook of the infamously volatile market. Bubble Bursting is a “Good Thing” Zhang joined the exchange platform’s venture incubator Binance Labs in March...

Vermont Issues Cease and Desist Order to LevelNet as Operation Cryptosweep Gathers Pace

June 7, 2018 by Priyeshu Garg at Altcoins, Crime, Finance, News, Regulation

“Operation Cryptosweep” is a joint probe by American and Canadian Securities regulators aimed at tackling fraudulent Initial Coin Offerings (ICOs) has scored a major takedown. On June 4, 2018, the Vermont Department of Financial Regulation (DFR) issued a cease and desist order to the cryptocurrency startup LevelNet based in Irving,...

Ripple CEO Believes Bitcoin May Face Similar Fate To Napster

June 6, 2018 by Cindy Huynh at Altcoins, Bitcoin, Commentary, News

Brad Garlinghouse, CEO of Ripple, believes that Bitcoin’s influence on the cryptocurrency market could end very soon and that the leading crypto is not destined to become a global currency. Although cryptocurrency prices are currently linked to bitcoin’s prices, Garlinghouse is convinced that it could end very soon as the...

Russian “Agro-Anarchists” Are Ditching the Rouble for a New Cryptocurrency

June 6, 2018 by contributor at Altcoins, Business, Finance, News, Regulation, Tech

In Kolionovo, a town 130 Kilometers away from Moscow, Russian farmers and small businesses are increasingly making payments with a local cryptocurrency, ditching fiat for digital money. Planting the Seed of Revolution Leading the way is banker turned farmer Mikhail Shlyapnikov, who introduced the small village to cryptographic form of...

Decred’s Vision for a New Type of Decentralized Exchange (DEX)

June 6, 2018 by Cindy Huynh at Altcoins, Finance, News, Tech

Decred, an autonomous digital currency, released on June 5, 2018, a proposal for a new type of decentralized exchange. As mentioned in their blog post, “a decentralized exchange (DEX) is a concept that has received increasing attention in the cryptocurrency domain.” The talk of a decentralized cryptocurrency exchange doesn’t come...

Top Schools to Benefit from Ripple’s $50 Million University Blockchain Research Initiative

June 6, 2018 by Priyeshu Garg at Altcoins, Finance, News

Ripple has announced plans to invest the sum of $50 million into a blockchain research initiative in partnership with highly ranked universities around the world. So far, 17 schools have been confirmed as part of the initiative including The University of North Carolina, The University of Pennsylvania, University College London,...

$30 Million Worldwide Blockchain Investment Fund Launched by Mobile Game Developer

June 6, 2018 by Andrew O Malley at Altcoins, Blockchain, Entertainment, Finance, News

Gumi, a Japanese-based mobile game developer that has created some landmark titles such as Brave Frontier, are now getting into the blockchain space. They announced the launch of their new worldwide blockchain investment fund worth $30 million. They have called the fund Gumi Cryptos, and it will make investments in...

BitTube Gains Recognition as the Altcoin is Added to Bittrex and Upbit

June 6, 2018 by Jamie Holmes at Altcoins, Entertainment, Finance, News

BitTube (TUBE), formerly known as IPBC, has gained wider recognition and the altcoin has been added to favorite cryptocurrency exchanges Bittrex and Upbit on June 5, 2018. BTCManager first covered IPBC (now known as BitTube) in early April 2018, and the cryptocurrency has made substantial progress in just a couple...

Google and Facebook under Fire for “Unethical” Cryptocurrency Ban

June 6, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation, Tech

While Google’s famous motto says “Don’t be evil,” industry experts believe that the company’s self-policed decision to ban cryptocurrency adverts on its platforms is “ill-thought-out and potentially even unethical.” Google’s Mixed Signals The policy came into effect in June 2018, after Google announced the ban in March 2018. Additionally, social...

A Guide to Airdrops Part 1: The Beauty of Airdrops

Cryptocurrency Firms Boost their Blockchain Projects by Airdropping Tokens

June 6, 2018 by Cindy Huynh at Altcoins, Business, Finance, News, Regulation

Blockchain projects are continuously announcing giveaways which include a lot of free tokens. While it appears a clever marketing strategy, some wonder whether this new approach is actually legal. Preference to ICOs Airdropping in 2018 is the equivalent of initial coin offerings (ICOs) in 2017. Instead of selling the tokens,...

Bitcoin Gold to Implement New PoW Algorithm Preventing Future 51 Percent Attacks

June 6, 2018 by contributor at Altcoins, Mining, News, Tech

Bitcoin Gold (BTG) will switch to a new Proof-of-Work (PoW) algorithm after the recent 51 percent and double spending attack on the protocol. ASIC Miners to Face Unprofitable Times In an official announcement on June 4, 2018, the BTG organization laid out changes to their blockchain expected in the upcoming...

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