#business

Litecoin Update: WikiLeaks, Lee Joins DMG Blockchain and Collaboration With TokenPay

April 28, 2018 by Alex Lielacher at Altcoins, Business, News

Since its creation in 2011, Litecoin has consistently been among the top cryptocurrencies regarding market capitalization as well as user adoption. In recent months, the Litecoin foundation, headed by its outspoken Litecoin creator Charlie Lee, has been working to boost merchant adoption of the popular digital currency. WikiLeaks and Wirex...

Binance Founder Zhao Refutes Sequoia Capital Claims in Hong Kong Lawsuit

April 28, 2018 by Priyeshu Garg at Business, Commentary, Finance, News

Changpeng Zhao, the founder of Binance, is currently involved in a legal tussle with the VC firm, Sequoia Capital, according to a Bloomberg article which reports court filings of the lawsuit made by the VC firm on March 26 and April 24. The founder of the most popular cryptocurrency exchange...

Hodlmoon is Making a Small Fortune from ‘Ugly Crypto Sweaters’

April 28, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Ethereum, News

You may have heard of companies that turned their stocks into hot buys just by changing their name to include the word 'blockchain.' Now, a new clothing company has caught the cryptocurrency bug and is generating substantial revenues from the sale of ‘ugly' crypto-themed sweaters. Hodlers Fashion The business at...

Blockchain INDO Conference: How Blockchain will Change Indonesia’s Digital Economy

April 28, 2018 by Guest Post at Press Releases

The volume of Indonesia’s digital economy will reach about $130 billion by 2020, which will make this country one of the leaders in digital development among the countries of South-East Asia. This was stated by the authorities of the country just last week. New technologies, blockchain, and transformation of...

Community Reacts to Vitalik’s April Fools Prank: Fixed Supply EIP (EIP 960) Rejected

Ethereum’s Vitalik Buterin to Boycott CoinDesk’s Consensus Conference

April 28, 2018 by Pratik Makadiya at Commentary, Ethereum, News

A statement by Vitalik Buterin on April 26 shows his displeasure with the online cryptocurrency news platform, CoinDesk. Buterin bashes the crypto news outlet for taking some past issues lightly while promoting competitors and scam projects, and announces a boycott of the outlet’s annual event, Consensus. CoinDesk Report Links to...

Multi-million Dollar Blockchain Research Institute Welcomes Salesforce, Raiffeisen Bank and Others

April 28, 2018 by Cindy Huynh at Blockchain, Business, News, Tech

The Blockchain Research Institute (BRI) recently announced new members to their million dollar think tank. These include Salesforce, Raiffeisen International Bank, BPC Banking Technologies, Navigator Limited, and VIKTRE. “We are pleased to welcome these global leaders to the Blockchain Research Institute,” said Don Tapscott, Co-founder and Executive Chairman of BRI,...

Chilean Crypto-Exchange Allowed To Open Bank Account After Successfully Winning Court Appeal

April 28, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News, Regulation

Buda, a Chilean crypto-exchange which recently appealed against the unruly ban on cryptocurrencies placed by the government, has successfully been allowed to reopen its bank accounts, after a court order on April 26. Following an unjustified closure of its accounts, Buda sued a total of ten banks, of which, Banco...

IBM and Twiga Foods Use Blockchain Technology to Offer Loans to Retailers in Kenya

April 28, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News, Tech

Tech giant IBM has been at the forefront of the blockchain revolution for ages past, developing and deploying decentralized solutions for large corporations and retail shops alike. Now, Big Blue has taken the gospel of distributed ledger technology to Africa where its enabling retail fruit sellers access to microloans thanks...

NEM: Catapult Migration and Tokenomics Proposal Voting Guide

Coincheck Remains Profitable After Paying $432 Million For NEM Hack

April 27, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News

Coincheck, the cryptocurrency exchange platform has announced revenue of $490 million in Financial Year 2018. This is one of the first glimpses of the revenue earning a potential of a cryptocurrency enterprise in an industry where finances are usually kept secret. The cryptocurrency market had a stellar 2017 as indicated...

Cryptocurrencies standing proud waving the French flag blockchain

French Authorities Slash Tax Rate on Bitcoin-related Transactions

April 27, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News

At a time when several countries of the world are busy slapping hefty and entirely unreasonable tax rates on bitcoin-related transactions, the French Council of State has drastically reduced the fees bitcoiners will pay to the government with effect from April 26, 2018. Movable Property According to Le Monde, French...

VC Firms Comcast Ventures & Pantera Capital Are Bullish on Bitcoin

April 27, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, News

A couple of notable figures in the mainstream financial space are tipping bitcoin and blockchain technology to even greater heights. In an interview with CNBC, Gil Beyda, the Managing Director of Comcast Ventures made some positive comments about cryptocurrency and blockchain technology. He began by saying irrespective of the price...

Ripple Announces Five New Partners for xVia API, But Will They Ever Really Use XRP?

April 27, 2018 by contributor at Altcoins, Blockchain, Business, Finance, News, Tech

For Ripple, there's no slowing down on its partnership spree. On April 26, 2018, the world’s third-largest cryptocurrency (by market cap) announced the addition of five new clients - from Europe and Asia - for its corporate payment solution, xVia. Global Collaboration According to a press release, the five companies...

Roger Ver of Bitcoin.com Calls An Unknown Exchange (Bitxoxo) the “Largest Indian Exchange”

Roger Ver of Bitcoin.com Calls Bitxoxo Exchange the “Largest Indian Exchange”

April 27, 2018 by Priyeshu Garg at Altcoins, Commentary, Finance, News

Bitcoin Cash promoters are hitting new lows everyday in their efforts to dethrone Bitcoin and replace Bitcoin by miner-backed Bitcoin Cash. Roger Ver recently tweeted promoting Bitxoxo, an unknown online bitcoin exchange while plauding their efforts to plan the launch of BCH marketplace, BCH e-university and BCH-POS terminal while promoting...

Gemini Exchange Announces Security Partnership with NASDAQ to Protect Against Price Manipulation

April 27, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News

A major criticism of the cryptocurrency market is its infamous volatility; allegedly due to ‘whales’ and computerized trading bots. Taking a strong step in this regard is Gemini Exchange, which announced a security partnership with NASDAQ, the world’s second-largest stock exchange, to protect against the fraudulent market behavior Announced publicly...

Bounties Offered For Universal Open-Source Cryptocurrency Wallet By Blockstack and ShapeShift

April 26, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, News, Tech

Anticipating the growth of both the number of available digital coins as well as users’ uptake, the exchange ShapeShift and VC fund Blockstack are jointly funding a project designed to create the pinnacle open source, universal wallet for cryptocurrencies, announced on April 25, 2018. The companies are offering $50,000 to...

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