#Altcoins

Messaging Giant Line to Open Cryptocurrency Exchange in Singapore

June 30, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, News

Japanese messaging behemoth Line, which has over 500 million installs on Play Store, is set to open a new cryptocurrency exchange in Singapore to service the worldwide market excluding the US and Japan. Bitbox and Line’s Blockchain Ambitions Announcing the launch of the exchange, Line-backed "BitBox" is set to open...

Hacked South Korean Exchange Bithumb Recovers Funds

June 30, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Crime, Ethereum, News

While blockchain technology remains the most tamper-proof system of data storage, cryptocurrency exchanges are yet to attain the same level of security. On June 20, 2018, reports emerged that Bithumb, the largest cryptocurrency exchange in South Korea, had fallen prey to cyberpunks. Recently, recovery efforts have helped the exchange mitigate...

Near-Instantaneous Cryptocurrency #MetaHash Launches ICO, Can Process Over 60,000 Transactions per Second

June 30, 2018 by contributor at Altcoins, Blockchain, ICO/IEO, News, Tech

Switzerland-based #MetaHash, a decentralized real-time application that utilizes a MultiPOS consensus algorithm to process near-instantaneous payments, has launched its ICO on June 29, 2018. “Lighting Fast” Touted as a “lighting-fast” protocol, #MetaHash can process over 60,000 transactions per second – a statistic unrivalled by many of the currently-available cryptocurrencies. The...

Goldman Sachs Management Optimistic about Future of Crypto Trading

Goldman Sachs Management Optimistic about Future of Cryptocurrency Trading

June 30, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Commentary, News, Tech

The world’s leading finance companies are struggling with a decision on whether to venture into the mysterious newly-emerged virtual assets market or to stay away from it.

Another ICO Cracked Down by SEC, Even the Investors Can be Punished by Law

June 30, 2018 by Joseph Young at Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech

The US Securities and Exchange Commission (SEC) has cracked down on an initial coin offering (ICO) called PlexCoin for illicitly distributing securities without the approval and authorization from the SEC. SEC Steps In On June 20, 2018, the U.S. SEC disclosed that local authorities have requested the police to freeze...

Indian Women Invest More in Cryptocurrencies Than Men

June 29, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech

According to a survey conducted by Indian cryptocurrency exchange BuyUCoin, Indian female cryptocurrency investors on average, are investing twice as much as their male counterparts. Women Leading the Pack Although the cryptocurrency industry is heavily dominated by men, the BuyUCoin survey found that Indian women typically invest over $2,000 on...

Should I Go to a Blockchain Conference?

June 29, 2018 by Guest Post at Altcoins, Bitcoin, Blockchain, Business, News

Despite blockchain not being mainstream yet, it has amassed a sizable community. Many members are strictly online, but the big-name developers, investors, and visionaries make a point to attend blockchain conferences throughout their careers. If you are a crypto beginner, in-person events may not be for you—but if you are...

Cryptocurrency Investors Believe Bitcoin is a World-Changing Technology

June 29, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Business, News, Tech

While people purchase cryptocurrencies for differing reasons, Visual Capitalist, a digital media company, has compiled information concerning people’s decision-making behavior and future expectations of digital assets. Investors see long-term potential in Bitcoin According to Visual Capitalist, 41 percent of investors purchased Bitcoin because they “believe Bitcoin is a world-changing technology.”...

McAfee Report: Cryptojacking Up By 629 Percent in 2018

June 29, 2018 by Kieran Smith at Altcoins, Bitcoin, Blockchain, Business, Crime, News

Cryptojacking, the secret use of a computing device to mine cryptocurrency, has surged 629 percent in 2018, according to the latest report by computer security firm McAfee. A rise from 400,000 in Q4 2017 On average, five new threat samples were found every second in 2018 Q1, totaling 2.9 million....

Duo Indicted for Selling Spurious “Xanax” on Dark Web in Exchange for Bitcoin

June 29, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Blockchain, Crime, News

Two men were indicted by a federal grand jury on the charges of illegally manufacturing and distributing alprazolam tablets, which are commonly known as Xanax, in exchange for payment through bitcoin. The duo, Ryan Farace, age 34, of Reisterstown, Maryland, and Robert Swain, age 34, of Freeland, Maryland were also...

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