#Altcoins

Crypto-Friendly Philippines Central Bank Approve two Cryptocurrency Exchanges

July 10, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, Exchange, Finance, News, Regulation

Acknowledging the potential of digital currencies to drive accelerated and cost-effective transactions, Bangko Sentral ng Pilipinas (BSP), the Central Bank of the Philippines, has approved two new cryptocurrency exchanges, according to a Business World report. Getting the Green Light The BSP Deputy Governor Chuchi Fonacier indicated that the exchanges Virtual...

Should Privacy-Focused Crypto Users Ditch Bitcoin for Anonymous Coins?

July 10, 2018 by Alex Lielacher at Adoption, Altcoins, Bitcoin, Blockchain

Over the past several years, the number of privacy-centric altcoins in the crypto asset market has risen, as has the value of the leading privacy-centric altcoins. Personal financial sovereignty has always been high on the agenda of bitcoin users and has been, for many, the key driver for adopting bitcoin...

Vitalik Buterin Proposes a Shift to Uniform Price Auction for Ethereum Miner Compensation

July 10, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Development, Ethereum, Mining, News

Ethereum cofounder Vitalik Buterin has published a proposal to improve how cryptocurrency miners are paid. He believes that the current compensation model can be adjusted to benefit both miners and users. To that end, he has published a rather extensive document detailing how a uniform price auction can replace the...

EOS, Augur, Tron and Monero Hand out Bug Bounty Incentives to Several Hackers after Code Flaws Identified

July 9, 2018 by contributor at Altcoins, Development, News, Tech

Despite the famed immutability of blockchain technology, widespread hacks and 51 percent attacks on several cryptocurrency projects have proved the emerging sector is susceptible to flaws. This in mind, some of the largest projects have launched their bounty programs to enhance security and detect bugs, with $24,500 handed out to...

Binance Donates $1 Million to Flood Victims in Japan

July 9, 2018 by Nuno Menezes at Adoption, Altcoins, Bitcoin, Ethereum, News

Because of the destruction caused by the bad weather, Binance, the world’s largest cryptocurrency exchange by traded volume started a campaign on Twitter to raise money to help the people affected by the floods. Crypto-Philanthropy This weekend Japan was struck by an intense flood of rain. The lousy weather hit with...

Monaco Purchases Iconic Domain Name, Rebrands as Crypto.com

July 9, 2018 by Pratik Makadiya at Altcoins, Business, Development, Investment, News, Tech

With the increasing interest in the crypto Industry, the efforts to possess the domain crypto.com, worth millions of dollars, had reasonably risen. Until now, however, domain owner Matt Blaze, a computer science professor at Pennsylvania University, had rejected all offers. Crypto.com Finds a New Home Incessantly, the professor kept on reminding...

Investors Hoard RAM on EOS blockchain, Push Prices Up for Other Developers

July 9, 2018 by Rahul Nambiampurath at Altcoins, Business, Development, News, Regulation

Speculative investing has resulted in a significant increase in RAM prices on the EOS blockchain. Developers need to purchase RAM according to the requirement of their smart contract. However, investors have bought RAM and created an acute shortage of resources for developers. The cost of 1 MB RAM on the...

New BIS Chief: Bitcoin and Cryptocurrencies can Never Function as Money

July 9, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Finance, News

Bitcoin and altcoins are gradually going mainstream, with many governments of the world increasingly exploring its potentialities as a viable legal tender and equally building frameworks to protect investors. However, Agustín Carstens, the new chief of the Bank for International Settlements (BIS), sees cryptos quite differently. Bitcoin will Never Become...

EU Awards €20 Million to IOTA and CityxChange for Smart City Project

July 9, 2018 by Pratik Makadiya at Altcoins, Blockchain, Business, Finance, Investment, News, Tech

The smart city project +CityxChange has been awarded 20 million Euros by the European as part of the smart city lighthouse project. The project has been listed under the ‘Smart Cities and Communities’ section of the European Commission. EU’s efforts to bring a significant change has received every possible applaud...

Ethereum Developers Believe Many Blockchain Networks Will Work Together

Ethereum Developers Believe Several Blockchain Networks Will Work Together

July 9, 2018 by Joseph Young at Altcoins, Blockchain, Development, Ethereum, News

At TechCrunch Sessions: Blockchain held in Zug, Switzerland, which featured respected developers from the crypto community including Ethereum creator Vitalik Buterin, Parity Technologies CEO Jutta Steiner said that in the long-term, many blockchain networks would work together to optimize the process of processing and settling information. Mixed Network of Blockchains...

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