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Weighing the Pros and Cons of the EOS platform

May 7, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, News, Tech

EOS developers believe that they found a solution to the scaling problem that currently plagues most cryptocurrencies, including bitcoin and Ethereum. EOS is a smart contract platform that is scheduled to launch its mainnet in June 2018 with its development being led by noted blockchain engineer and developer Dan Larimer....

Crypto-friendly Arizona’s Bitcoin for Tax Dream Gets Major Challenge

May 6, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News, Regulation

While states like New York are busy formulating innovation-stifling laws for the blockchain-based virtual currency ecosystem, Arizona sees the world of distributed ledgers technology a bit more clearly. However, a clog has appeared in the wheels of the state's movement towards the acceptance of bitcoin and other cryptocurrencies for tax...

Publishing 2.0: A New Beginning with Blockchain Technology

May 6, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, News

While blockchain technology is revolutionizing traditional sectors, several applications in the music and art fields have also been developed. While on the one hand, industries are using blockchains to improve efficiency, creative industries are using them to increase accountability and removing the factor of trust. Likewise, the media and publishing...

Washington D.C. Emerges as the “Most Crypto-Friendly” City in the US

May 6, 2018 by contributor at Altcoins, Bitcoin, Business, Commentary, News

Finally, it is safe to say that the place to be a bitcoin geek so to speak, is none other than the place which is most likely to spearhead the regulation of cryptocurrency; the US capital city of Washington D.C. According to the latest survey done by RewardExpert, to rate...

Maple leaf coin representing cryptocurrency in front of Canadian flag. The First Cryptocurrency Investment Fund launches in Canada, providing a safe way to invest in bitcoin

World’s Third Largest Cryptocurrency Exchange Huobi to Extend Reach to Canada

May 6, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Regulation

2018 has been the year of cryptocurrency regulation, and departure of various blockchain-based digital currency powered businesses from unfavorable regions to more vibrant areas. Now, Huobi exchange has announced its moving to Canada for greener pastures. Huobi’s Expansion Plans The Singapore-based bitcoin exchange, and the world’s number three by 24-hour...

After Malta, Bermuda Is Betting Big On Blockchain

May 6, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation, Tech

Bermuda’s efforts to emerge a hotbed for FinTech innovation and entrepreneurial success continues as the government intensifies policy reforms to make room for an empowered blockchain industry. The push to embrace the still-nascent industry is being spearheaded by the Bermuda Business Development Agency (BDA) under the guidance of a...

Class Action Lawsuit Filed Against Ripple as Investor Questions its “Never Ending ICO”

May 6, 2018 by contributor at Altcoins, Finance, News, Regulation

Ripple’s controversial XRP token has come under fire after an investor sued the blockchain-based payments network for allegedly “defrauding” investors. Shots Fired! On the morning of May 4, 2018, Ryan Coffey filed a lawsuit against Ripple in the San Francisco County Superior Court seeking damages from Ripple on “behalf of...

Bitcoin Coin with hands and arm celebrating in cash coming out of a PayPal truck. Market cap of paypal is now less then the market cap of bitcoin

PayPal’s High Fees May Have Given Crypto a Lifeline, but There Are Huge Challenges ahead

May 5, 2018 by contributor at Altcoins, Bitcoin, Business, Ethereum, Finance, News, Tech

In what could count as a boost for propagating the adoption of cryptocurrencies, April 2018 saw Paypal - the world’s most extensive payments network - announce a fixed levy of $4.99 per cross-border transaction. However, low fees represent only one certain benefit, with other issues severely impeding the sector’s growth....

Crypto Fight Club: Experts Square Off Against One Another

May 5, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Commentary, Ethereum, Finance, News

Tensions appear to be running high in the financial space between crypto critics and supporters. Cryptocurrency has always been a divisive topic in the business arena, but the situation seems to have devolved further. This observation is based on the events that transpired at the recent Global Conference of the...

S&P Has No Imminent Plans for Crypto Index Service

May 4, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Finance, News

S&P Dow Jones has announced that there aren’t any immediate plans by the company to offer crypto indices. The financial indices behemoth has been beset by calls to add a crypto index to its catalog of market indices services. Despite the announcement, the firm hasn’t ruled out the possibility of...

South Korean Crypto Exchanges Earned $648 Million in 2017 that is Taxable

South Korean Cryptocurrency Industry Set to Bubble Again as Authorities are on the Verge of Legalizing ICOs

May 4, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Business, News, Regulation

After every rain comes sunshine; this is precisely the case in the South Korean cryptosphere’ as the dark clouds of regulatory uncertainties surrounding the Asian nation's blockchain-based digital currencies are gradually fading away. Now, lawmakers in South Korea are putting preparations in top gear to enact a law that makes...

How to Create Your Own Cryptocurrency and Do You Need to Be a Tech Guru for This?

May 4, 2018 by David Balaban at Altcoins, Commentary, News, Tech

If you are not a programmer but carefully follow all news about Bitcoin and other cryptocurrencies, then sooner or later you might come up with the question; “can I create my own cryptocurrency?” In short – Yes! You can do it. However, there are many pitfalls that need to be...

CoinMarketCap Finally Releases an Official Mobile App

May 4, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Ethereum, Finance, News

As CoinMarketCap celebrates five years of existence, the platform launches its official app for iOS mobile devices and plans to roll out more services. Though cryptocurrencies have been around for almost a decade, the platform, CoinMarketCap (CMC), came to limelight during the surge of bitcoin and other alternative cryptocurrencies late...

Enterprise Ethereum Alliance Announces the Release of Enterprise Ethereum Architecture Stack

May 4, 2018 by Nuno Menezes at Altcoins, Blockchain, Business, Ethereum, News, Tech

The Enterprise Ethereum Alliance (EEA) announced on May 2, 2018, its Enterprise Ethereum specification strategy by publicly releasing the company’s Enterprise Ethereum Architecture Stack (EEAS). The new release is supposed to support and streamline the development of the next generation of Ethereum applications which in turn will facilitate the implementation...

Antminer Z9: Here’s All You Need To Know!

May 4, 2018 by contributor at Altcoins, Business, Finance, Mining, Tech

In an announcement via Twitter on May 3, 2018, Chinese crypto-mining giant Bitmain launched the Antminer Z9 mini, their dedicated Equihash Miner, which targets the mining of the Equihash algorithm used by coins such as zcash, komodo, and bitcoin gold. Bitmain’s Increased Product Range The product launch comes exactly a...

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