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Huobi’s Report on Cryptocurrencies Reveals that Investors Remain Optimistic

April 8, 2018 by Cindy Huynh at Altcoins, Bitcoin, Commentary, Finance, News

Huobi Research recently surveyed 1,787 individuals from 23 different nations to gain a better understanding of the perspective of cryptocurrency investors in regards to the short-, mid- and long-term future of the industry. According to the report, despite the recent drop in cryptocurrency prices, 77.9 percent of survey participants remain...

Japan on the Verge of Legalizing Initial Coin Offerings (ICOs)

April 8, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Finance, News, Regulation

While cryptocurrencies and initial coin offerings are banned entities in China, with countries like the U.S. and some others imposing strict regulations on the nascent digital currency ecosystem, Japan - a crypto friendly nation - is planning to legalize and regulate initial coin offerings. The Need for Regulation According to...

Binance Coin, Stakecoin, and BlakeStar: The Top Performing Cryptocurrencies of March 2018

April 8, 2018 by JaketheCryptoKing at Altcoins, Finance, News

March 2018 continued to see the crypto markets correct. Even with a further correction and continued bearish trends in the crypto markets a few altcoins actually bucked the trend and saw positive returns in March; these coins included Binance Token, Stakecoin, and BlakeStar. State of the Market The beginning of...

Chainalysis Raises $16 Million from Early Venture Fund Benchmark

April 7, 2018 by Cindy Huynh at Bitcoin, Blockchain, Business, Finance, News, Tech

Chainalysis raised a $16 million Series A from Benchmark, an early venture fund that previously invested in Uber, Discord, Dropbox, eBay, Zendesk, and WeWork. The cryptocurrency compliance startup also released a new product called Know Your Transaction (KYT) which will help companies track criminals involved in financial fraud and money...

Coinbase to Launch Venture Fund for Blockchain Startups and Offer Support for Bitcoin Forks

April 7, 2018 by Priyeshu Garg at Bitcoin, Business, Finance, News

Coinbase, the California-based cryptocurrency platform is the largest in the United States. Founded in 2011 by Brian Armstrong and Fred Ehrsam, it has gone on to become one of the largest digital currency marketplaces in the world. Just a rumor that the platform is considering adding a new crypto to...

In India, Ethereum’s the New King of Cryptocurrency, not Bitcoin

April 7, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Ethereum, Finance, News

Once upon a time bitcoin took the world by storm with thousands of people asking Google 'what is bitcoin?' Every blessed day. Some of these crypto greenhorns didn’t even care much or also know the existence of altcoins. However, all that is changing now as the world has started warming...

$300 Million Bitcoin Scam Unearthed In India

April 7, 2018 by contributor at Bitcoin, Finance, News

The bitcoin fraudulence around the world don’t seem to cease any time soon, and this time, its struck India. Amit Bhardwaj, director and mastermind of a bitcoin mining company has been recently arrested for setting up an elaborate multi-level marketing scam to the tune of $300 million. Under this ‘scheme,’...

Canadian Tech Firm Purchases Cryptocurrency Mining Firm in All-stock Deal

April 7, 2018 by contributor at Altcoins, Bitcoin, Business, News, Tech

For a price of $106 million, cryptocurrency mining firm CryptoGlobal Corp is being acquired by Canadian technology company, HyberBlock Technologies Corp. The deal is an all-stock valued one. HyperBlock also recently completed the purchase of one of North America’s largest U.S.-based crypto mining and hosting facilities. Combined with the agreement...

Startup BlockFi Offers Crypto-backed Loans to Borrowers

April 6, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Finance, News

New York-based startup Blockfi has become the latest member to provide crypto-back loans. Like SALT, ETHLend, Othera, Everex, and Unchained Capital, BlockFi offers options to lend and borrow fiat currency with cryptocurrencies as collateral. Collateralization of cryptocurrency assets allows borrowers to hold onto their cryptocurrency assets instead of selling them,...

Skype is Now Part of the Crypto Action

April 6, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, News, Tech

Trading houses have resorted to Skype calls to enable the buying and selling as well as lending of virtual currencies in over the counter trading that moves hundreds of millions of dollars daily. Over the last five years, numerous traders, wealthy private investors, miners and now hedge funds have enabled...

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