Category: Crypto

Iran ‘Preparing Ground’ for National Cryptocurrency to Dodge US Sanctions

Iran has confirmed it will press ahead with creating its own state-issued cryptocurrency to circumvent incoming U.S.. sanctions, local media Press TV reported July 25. Quoted by local news media outlet ISNA and translated by PressTV, Alireza Daliri, deputy for...

/ July 26, 2018

Gibraltar Stock Exchange’s Crypto Platform Opens to Public With 6 Cryptocurrencies

Exchanges The crypto exchange platform subsidiary of the Gibraltar Stock Exchange is now open to the public with six cryptocurrencies. Users can fund their accounts in USD. Meanwhile, its token sale platform, GBX Grid, has already completed its first token...

/ July 26, 2018

Vaccine Blockchain Plan Prompts Enquiries Amid China Pharma Scandal

On the back of China's most recent pharmaceutical scandal, stock investors are buying into a public company's claim to be developing a blockchain for tracking vaccines – but not everyone is happy about it. As reported by CoinDesk earlier this...

/ July 26, 2018

Digital Asset Trading Platform Unveils Plan to Share Revenue With Users

A digital asset trading platform says its “superior circulation capabilities” can help tokens thrive in the crypto world, through financial-level services that enable tokens to be issued more quickly. BitForex claims that many of its rivals lack transparency when launching...

/ July 26, 2018

Major Chinese Social Network Tianya to Launch Native Cryptocurrency Token

One of China’s top twenty-five websites, social network Tianya Club, announced it was releasing an internal blockchain-based token July 25. In a blog post, Tianya said its 90 bln Tianyan Tokens (TYT) would function as a kind of rewards system...

/ July 26, 2018

MyEtherWallet’s secure login app is now available in beta for iOS

Popular crypto wallet service MyEtherWallet has just launched a limited beta version of its first companion mobile app, which we wrote about earlier this week. If you’re a big MyEtherWallet user or just curious about crypto, you’ll want to get...

/ July 26, 2018

Hitachi Trials Blockchain to Settle Retail Payments Using Just Fingerprints

Japan-based tech conglomerate Hitachi and telecommunication giant KDDI are testing a blockchain-based system that can settle retail payments validated using shoppers' fingerprints. According to a release on Wednesday, a group of staff from the two partners are this week experimenting...

/ July 26, 2018

Non-Fungible Tokens, Explained

What does non-fungible mean? To fully appreciate what makes these tokens special, it’s worth taking a look at the difference between “fungible” and “non-fungible.” When something is fungible, in this case a token, it means it can be easily replaced...

/ July 26, 2018

Joseph Lubin Names Berlin as The Most Important City in The ‘Blockchain Cosmos’

Ethereum co-founder Joseph Lubin referred to Berlin as “the most important city in the blockchain cosmos”, Cointelegraph auf Deutsch reported July 25. Lubin said that, "Berlin has the infrastructure, Berlin has the talent, the really good programmers are here." Lubin...

/ July 26, 2018

Bitmain Discloses Shipping and Mining Policies for a ‘Fair and Transparent Ecosystem’

Chinese mining hardware giant Bitmain, one of the leading Bitcoin (BTC) mining firms worldwide, announced its policies for mining practices, according to an official blogpost July 25. The recent list of policies intend to show Bitmain’s commitment to providing a...

/ July 26, 2018

Novogratz’ Galaxy Digital Leads $52.5 Million Blockfi Fundraiser

Finance Galaxy Digital, a merchant bank founded by famed bitcoin investor and president of the Fortress Investment Group, Michael Novogratz, has led a $52.5 million investment round for cryptocurrency-backed USD lending platform, Blockfi. Also Read: Coinbase Now Offers Crypto currency Gift Cards...

/ July 26, 2018

PR Specialists in the Russian Crypto Space Paid 10x the Average Salary

Economics Around 70,000 people are currently employed in the young and growing crypto industry in the Russian Federation. The average salary in the space has fallen by 40 percent this year, along with cryptocurrency prices. Nevertheless, the monthly remuneration for...

/ July 25, 2018

Bitcoin Holds Recent Gains Amid a Checkered Market Outlook

July 25: Bitcoin (BTC) is holding its newly won gains, having led the week’s impressive uptick to stay above $8,000. Other leading cryptocurrencies are seeing mixed fortunes, according to data from Coin360. Market visualization from Coin360 Bitcoin (BTC) is trading...

/ July 25, 2018

China’s Answer to Reddit Is Launching a Crypto Token

One of the oldest and most popular social networking platforms in China is launching its own crypto token in an apparent bid to boost declining user activity. Tianya Club, an internet forum founded in 1999, announced on Wednesday it will...

/ July 25, 2018

Catalonian Government to Develop Plan for Blockchain Technology Integration

The Generalitat de Catalunya (Government of Catalonia) has revealed a plan for blockchain tech implementation in its public administrative activity, according to the official press release July 24. The Generalitat de Catalunya, an official governmental institution of the Spanish autonomous...

/ July 25, 2018

Startup Launches ‘Complete Redesign’ of Blockchain to Address Scalability Concerns

A U.S.-based startup has unveiled a blockchain which can store data as well as transactions — meaning clients no longer need to trust third parties with their data. Fractonet Innovation Technologies, or Fractonet, says its SHA-256-based  blockchain has a block...

/ July 25, 2018

Japanese Exchanges Push for Limit on Cryptocurrency Margin Trading

An industry self-regulatory organization formed by cryptocurrency exchanges in Japan is pushing for setting a limit on how much investors can borrow for cryptocurrency margin trading. According to a report from Japanese news agency Jiji Press on Tuesday, the Japan...

/ July 25, 2018

Report: XRP’s Drop in Line with Other Crypto ‘Underscores XRP’s Independence from Ripple’

Ripple has released the second quarter 2018 report for its digital asset XRP today, July 24. According to the report, Ripple’s sales of XRP tokens were a “drop in the bucket” compared to the total XRP market. Per the report,...

/ July 25, 2018

Novogratz’s Galaxy Digital Leads $52.5 Mln Fundraising Round for Crypto-Lending Firm

Crypto-focused merchant bank Galaxy Digital has recently led a $52.5 million fundraising round for crypto-lending firm BlockFi, according a blog post by the company July 24. Galaxy Digital CEO and founder Mike Novogratz confirmed in a tweet that he is,...

/ July 25, 2018

Coinbase Internal Investigation Concludes No Insider Trading Took Place

Coinbase exchange has reportedly concluded that no insider trading of Bitcoin Cash (BCH) took place in December 2017, Fortune reports Tuesday, July 24. Anonymous sources close to Coinbase told Fortune that the exchange and wallet service provider conducted a company-wide...

/ July 25, 2018