#cryptocurrency news

Binance Research Identifies Design Flaw on Prediction Market Platform Augur

April 2, 2019 by Tom Nyarunda at News

According to April 1, 2019, report by Binance Research, a number of design flaws have been discovered in predictions-market platform Augur that can easily be exploited by malicious persons to defraud genuine users out of their staked tokens. The report posits that low volumes have made the Ethereum-based decentralized predictions...

South Korea: City of Gimpo to Get Its Own Cryptocurrency

February 17, 2019 by Tokoni Uti at News

The South Korean city of Gimpo will be the latest to have its own native cryptocurrency, as reported by ZDNet on February 14, 2019. A New Coin in Town Cryptocurrencies that are attached to a specific location have been around for some time now. Venezuela have their own national currency and cities...

Hodl Rally Embarks on an Eight-Day Cryptocurrency Rally Around Europe

February 14, 2019 by Ogwu Osaemezu Emmanuel at News

HODL RALLY, a distributed ledger technology (DLT) inspired supercar rally has inaugurated an eight-day event around Europe which aims to create a unique network of cryptocurrency and blockchain enthusiasts, investors as well as entrepreneurs, according to a press release on February 13, 2019. HODL RALLY Collaborates with EVOLV Based on...

Dallas: Crypto Firm Arrested by FBI for $4 Million Fraud

November 30, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Crime, Finance, News, Platform

The FBI has arrested the CEO of Dallas-based AriseBank on November 28, 2018, reports Dallas News. The arrest was made after allegations of company CEO, Jared Rice Sr. duping hundreds of investors out of more than $4 million. Reportedly, Rice had tricked the investors into a ponzi cryptocurrency scheme, promising...

Vietnamese Authorities Propose Embargo on Importation of Bitcoin Mining Equipment

June 7, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Ethereum, Mining, News

While the Vietnamese crypto space has remained somewhat vibrant in recent times despite the warnings and efforts of the governments to crush the local digital currency industry, it appears the situation is about to get even worse for crypto investors in the region as authorities have proposed to ban the...

Apple Revises App Store Guidelines for Cryptocurrency Apps

June 7, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Ethereum, News

Apple has recently revised its App Store guidelines and provided new rules concerning cryptocurrency apps. According to TechCrunch, a number of Apple developers recently worked together to form a group called “The Developers Union.” The Union requested Apple to offer free trial versions of their apps. It’s one of the...

HitBTC Cryptocurrency Exchange Stops Servicing Japanese Residents

June 5, 2018 by Ogwu Osaemezu Emmanuel at Business, Finance, News, Regulation

The regulatory wars continue. The eighth largest crypto exchange in the world by traded volume, HitBTC, has barred Japanese citizens from using its platform citing regulatory issues. Goodbye Japan According to a blog post by the firm on June 3, 2018, the HitBTC team has made it clear its effort...

Former VISA CEO Joins Cryptocurrency Payments Startup

May 28, 2018 by Shaurya Malwa at Altcoins, Bitcoin, Business, Finance, News

Marc O’Brien, the former CEO of Visa in the United Kingdom and Ireland, has recently joined a new cryptocurrency startup, which aims to make crypto transactions a routine habit for its spenders. Crypto-Startups Realise The Value of Experience The startup, Crypterium, was founded by a group of young entrepreneurs who...

Psychology of a Successful Cryptocurrency Investor

Research States Cryptocurrency Prices Driven Solely by Investor Sentiment

May 26, 2018 by Shaurya Malwa at Altcoins, Bitcoin, Commentary, Ethereum, Finance, News

Everyone who knows anything about cryptocurrencies knows one thing for sure; its value is highly volatile. This infamous reason is one of the biggest qualms toward why masses are hesitant of investing. Mood Swings Lead to Value Swings What many try to understand but fail is the reason behind the...

Venezuela’s ‘Petro’ Cryptocurrency Raises $735 million in Pre-Sale

Russian Bank Allows Venezuelan ‘Petro’ Investors To Circumvent U.S. Sanctions

May 18, 2018 by Shaurya Malwa at Business, Finance, News, Tech

A small-time Moscow bank that boasts of President Nicolas Maduro as their largest shareholder, along with two Russian companies, is the new ‘it’ thing for investors that aim at investing in Venezuela’s new cryptocurrency ‘petro.’ Getting Around U.S. Laws The Moscow-based bank, called Evrofinance Mosnarbank, has made a name for...

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