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Cryptocurrency Hedge Funds Reportedly Increasing and Could Triple in 2018

Mike Novogratz’s Galaxy Digital Invests $52.5 Million in BlockFi to Boost Crypto Lending

July 26, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, Investment, News

Cryptocurrency-to-USD lending platform, BlockFi announced on July 24, 2018, that it has successfully raised $52.5 million in its latest funding round led by Galaxy Digital Ventures LLC, a New York-based asset management firm owned by Bitcoin evangelist Mike Novogratz. With the added capital, bitcoin and ether holders will now be...

SolarisBank Begins Offering Services to Blockchain Companies

July 26, 2018 by Priyeshu Garg at Adoption, Altcoins, Bitcoin, Business, News

SolarisBank, a Berlin-based fintech company offering Banking as a Platform (BaaP) services, announced to start providing traditional banking services to crypto and blockchain companies from the European Economic Area (EEA). Solving the Problem of Crypto Companies’ Limited Banking Options Most traditional banking companies in Europe aren’t very keen on providing...

Blockchains Already on Their Way to a Greener Web 3.0

Blockchains Are Already on Their way to a Greener Web 3.0

July 26, 2018 by Pratik Makadiya at Adoption, Altcoins, Blockchain, Business, News

With changing times, the energy sector is no more at the mercy of mega-corporations whose main agenda is to maximize profits at any cost irrespective of what is foregone. As consumer behavior is changing and awareness about environmental issues is on the rise, the dynamics of the energy sector is...

TransferTo Ink Partnership Deal with Stellar.org Blockchain Project to Facilitate Cross-border Payments

July 26, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Finance, News

In a bid to make sending cross-border payments more straightforward and cost-efficient for clients, TransferTo, a platform that facilitates international mobile payments for emerging markets, has joined forces with Stellar blockchain project – the solid foundation behind the stellar lumens (XLM) altcoin, according to a statement released on July 25,...

Cryptocurrency Payments Provider Wirex Adds Ripple to Wallet and Card Services

July 26, 2018 by contributor at Altcoins, Finance, News, wallet

Cryptocurrency wallet and card provider, Wirex, added a Ripple (XRP) wallet to their portfolio on July 23, 2018, making the London-based company among the few to offer XRP tokens for accessible public use. Wirex Adds XRP Supported Cryptocurrencies Wirex has an estimated 1.7 million clients in over 130 countries and...

Ripple Q2 2018 Markets Report Shows Strong Performance alongside Weakened XRP

July 26, 2018 by Priyeshu Garg at Altcoins, Finance, News

Blockchain-based payments startup, Ripple, released its Q2 2018 report on July 24, 2018, detailing several insights into the company’s performance. The report shows, among other things, that the company sold $75.53 million in XRP tokens in the midst of low volatility in that period. Implications for Ripple Ripple has long...

Non-Fungible Tokens: What Are They?

July 26, 2018 by Priyeshu Garg at Altcoins, Blockchain, Cryptocyclopedia, Ethereum

At a time when blockchain technology is getting an unprecedented amount of attention because of cryptocurrencies and their potential to disrupt the global financial system, a different kind of blockchain token is quietly gaining ground. Unlike their flashy exchange-traded cousins, Non-Fungible Tokens (NFTs) do not make headlines for creating and...

As Bitcoin Rebounds, Crypto Stocks Emerge from Doldrums

July 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Investment, News

Since entering into a bear run in January 2018, crypto stocks have suffered, leading some investors to dump them, but bitcoin's unexpected recovery in July 2018 is giving the asset class a much-needed second wind. Even though crypto is nowhere near the celebrated highs of 2017 and early 2018, there...

Reforming the Financial System with Nuo Network

Defining Competition in the Upcoming Blockchain and Cryptocurrency Sector

July 25, 2018 by Liam J Kelly at Altcoins, Bitcoin, Blockchain, Commentary, News

In traditional markets, policymakers began aggressively ousting anticompetitive economic behavior following the rise of John D. Rockefeller and Standard Oil at the turn of the 20th century. Some of these displays have been made highly public, while others have slipped under the radar. Others, however, have toppled entire economies. Nonetheless,...

ProtonMail to Lance an ICO to the Chagrin of the Crypto Community

July 25, 2018 by Aisshwarya Tiwari at Adoption, Altcoins, Business, Ethereum, ICO/IEO, News

ProtonMail, a premier end-to-end encrypted email service provider, might well be on its way to launch an Initial Coin Offering (ICO). On July 24, 2018, the firm posted requirement for a “Blockchain developer” on the career portion of their official website, fueling speculations that the company has decided to go...

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