Tag: digital currencies

The Chinese government has issued a revision of its cryptocurrency ranking, adding two new cryptocurrency projects. According to the revised ranking, EOS is now at the top of the list. CCID’s Ranking System China’s Center for Information Industry Development (CCID) published its second monthly Global Public Chain Technology Evaluation Index on June 20 at the Shanghai Science Hall, the Chinese…

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Ex-executives of GoDaddy, the Internet domain and hosting giant, raised $6.5 million in June 2018 to develop a stablecoin. Stablecoin Project According to a report by Fortune on June 22, 2018, Rene Reinsberg and Marek Olszewski, previously vice presidents at GoDaddy’s restaurant and small business division, are looking to emulate their success with startups – the entrepreneurs were founders of…

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Lition has signed up with ICOBox, the world’s premier service provider for conducting ICOs. The latter will provide advice to help ensure Lition has the best support possible while they prepare to launch their ICO later this summer. The Lition Token The Lition Energy Exchange brings transparency and sustainability into the currently closed-off energy system by directly connecting green energy…

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The Bitcoin flag is firmly setting deep roots around the world, with authorities making swift moves to regulate the burgeoning digital assets sector. In a development on May 30, 2018, the New York State Assembly proposed launching a digital currency task force to evaluate the cryptocurrency and blockchain sector. Integrate Cryptocurrencies into Existing Financial Frameworks As per a proposed bill,…

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The ‘Buy a Xstar membership card, get 100 million XT universal credits” campaign by Xstar.io, digital currency exchange platform, launches at 4 pm Hong Kong time on June 2, 2018, with all the 2,000 available membership cards to be sold by June 4, 2018. Xstar.io was incubated by coin business stalwart, Flying-Bear and has received angel investment from big industry…

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The industry involved with Hyperloop, a futuristic transportation method, could soon adopt blockchain technology for its transparency and convenience as a payment method. The revelation was made by Hyperloop Transport Technologies’ Chairman Bibop Gresta in a recent interview with a renowned blockchain news-portal. Hyperloop and Blockchain Bibop Gresta said in an interview that blockchain technology could be used in the…

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Bitcoin has already reached the mainstream adoption and every day more, and more industries are starting to accept it. Since the recent surge in the bitcoin price, many companies began to understand the real potential of digital currencies. The real estate industry was one of the first industries to see the actual value and nature of bitcoin. It was also…

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The no-love-lost relationship between digital currencies and the traditional banking system is not a recent phenomenon. It has been around ever since the first decentralized cryptocurrency, bitcoin, came into existence back in 2009. The strained relationship is of course not void of valid underlying reasons, after all, decentralized digital tokens are all about peer-to-peer transactions that, by design, leave no…

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The European Central Bank (ECB) is not a big fan of virtual money. That is quite an understatement, as the financial institution urges EU regulators to “curb the growth” of virtual money solutions. While there is no indication these pleas will lead to additional regulation in the European Union, it is another example of how the ECB is afraid of…

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