Tag: altcoins

The number of cryptocurrencies available to speculate in or for real-use can be quite overwhelming. To add to this, there’s the volatility involved with these new markets and the constant influx of new ICOs hitting the scene which adds even more complexities to the ever-growing stack of market charts to watch. Going even further to confound things is the fact…

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According to a blog post by the IMF chief, authorities around the world have been muddled about the standing of “real threats” and “needless fears” in the crypto-world. In a bid to rule this out, the International Monetary Fund is looking to be an enabler in changing this mindset. IMF’s Crypto-Stance The IMF is seeking a leading position in convincing…

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Though global security forces are doing their best in the battle against all forms of unlawful activities, ‘cryptocriminals’ are unrelenting in their efforts to make unsuspecting and somewhat gullible virtual currency enthusiasts shed tears. Now, the Chinese police force has crushed a $13 million cryptocurrency pyramid scheme. Game Over Security operatives in the city of Xi’An, northwestern China have arraigned…

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In contrasting reports, South Korea cut down on the import of mining chips citing possible energy hazards for the economy; while Taiwan showed how the export of mining chips could be beneficial to the economy. The Korean Custom Services (KCS) has published a report on April 18 which placed mining hardware on a list of items which must meet strict…

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A new decentralized social network, Memo, built on the Bitcoin Cash blockchain has made its first public debut following the announcement on April 15, 2018. Memo, which can also be seen as a decentralized version of Twitter, allows users to post a ‘memo’ which other users can like, share or comment on. Decentralized Social Network: Buzzword of the Year Ever…

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After months of heightened FUD in the entire crypto ecosystem, the market is gradually picking up speed as a vast array of nations has started creating proper regulatory frameworks for the blockchain-based digital assets industry. The Korean Blockchain Association, a reputable body in the South Korean cryptocurrency space, has proposed a self-regulatory system that would greatly ‘sanitize’ the virtual currency…

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Some cryptocurrency hedge funds appear to be unaffected by the decline in the price of bitcoin since the start of 2018. In fact, a couple of these firms have even posted profits thereby reinforcing the idea that crypto hedge funds can thrive in both bull and bear markets. 2018 has mostly been a bear run in the bitcoin market with…

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The U.K.’s second-largest bank, Barclays, is considering a potential foray into the cryptocurrency market. The move comes after the bank released a report that compared cryptocurrency to an infectious disease. The bank has been working behind the scenes for some months, sounding out investor sentiments to the proposed plan as stated by anonymous sources. While details of the plan haven’t…

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The pariah of user data, Cambridge Analytica, was planning an ICO before it got exposed as an abuser of Facebook users’ data according to Reuters. Implicated in a string of sordid affairs that include attempts to engineer the last American election, the company is now contemplating whether it has the credibility to go ahead with its planned ICO. In probably…

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The Reserve Bank of India’s decision which forbids banks from offering crypto services has received criticism. A complaint has been filed against the RBI regarding this decision by an Indian start-up that aims at launching a crypto exchange. Ban Against ‘Constitutional Rights’ A ‘writ petition’ has been filed by Kali Digital Ecosystems against India’s Ministry of Finance, Goods and Services…

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