Cryptocurrency News
The costs of complying with due diligence processes like KYC (Know Your Customer) and AML (anti-money laundering) are rising. With financial firms regularly spending 8.4x their average compliance costs on KYC amidst growing client complaints about poor KYC experiences, KYC is becoming a growing balance sheet and relationship management liability. Businesses can benefit […]
At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. […]
TRON has been making headlines as its Independence Day draws closer, and its value has been benefiting greatly. The startup, which aims to develop a decentralized internet, launched its mainnet on May 31, which caused genuine excitement in the crypto community. The launch of the mainnet will see ERC20 token holders […]
Nasdaq has successfully completed a proof of concept to increase the efficiency of the use of securities when used to cover margin calls using distributed ledger technology. The initiative was carried out in partnership with three other stakeholders, the stock exchange announced in a press release on June 19. The […]
Research from Tokendata found that 46% of the ICOs launched in 2017 have already collapsed: they failed during the funding stage, due to taking the money and running or by slowly fading into obscurity. Disclosure: This is a Sponsored Article When an ICO project turns out to be a scam […]
The world’s sixth-largest cryptocurrency exchange, Bithumb, was hacked and approximately $30 million worth of cryptocurrencies were stolen. The exchange broke the news of the hack via Twitter, where it also informed its users that it was changing its wallet system due to safety concerns. This isn’t the first time that […]
Genesis Mining is the leading cloud mining provider in the cryptocurrency world, and they’re once again issuing Bitcoin mining contracts for miners who don’t have the time, expertise, or wherewithal to get their shovel dirty in the crypto sphere. Mid last week they’ve announced the relaunch of their popular Bitcoin […]
Most people associate high tech with Silicon Valley, Tokyo, or New York. It isn’t often that our thoughts turn to Dublin as a magnet for bleeding-edge technology. Yet with nine out of ten of the top global software companies and the likes of Google, LinkedIn, Facebook, and Twitter having their […]
Trilliant aiming to have 500 next generation cryptocurrency ATMs in operation by 2019 to cater to the growing need of consumers who wish to purchase cryptocurrency tokens. Disclosure: This is a Sponsored Article The increasingly prevalent cryptocurrency ecosystem has historically been devoid of one integral transactional facility – the ability […]
Nebulas represents a value-ranking, self-evolving and user-incentivising public blockchain ecosystem, which aims to offer its users next-generation incentive and consensus systems, alongside the ability to evolve without requiring a hard fork. Disclosure: This is a Sponsored Article The ecosystem has an incentive-based philosophy for decentralized collaborations, hence it has created […]
Even though Canada has become a very important country for cryptocurrency mining, it seems things are changing behind the scenes. The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners. As such, the rates will be increased by up to 300%, which might […]
Trading bots have been playing an increasingly important role in the world of cryptocurrency. That in itself is a very positive development, although it may lead to a lot more speculation and volatility. It seems a few bots are making their mark on the South Korean cryptocurrency industry these days, […]
It has become apparent that the Japanese Financial Services Agency is closely monitoring all domestic cryptocurrency exchanges. Any wrongdoings will be pointed out quickly and the issues will need to be addressed accordingly. Various registered operations will face administrative sanctions later this week. The Japanese FSA Takes Harsh Action Ever […]
The decentralized interoperability protocol Essentia is set to launch a fund valued at over $11 million to expand their ecosystem and incentivize projects to be built on top of the platform. Disclosure: This is a Sponsored Article The fund will drive development of a thriving program to accelerate real world […]
Blockchain technology has many different use cases. One of the concepts actively being explored right now is games. They are an interesting example of what Bitcoin’s Lightning Network is capable of. Very few people had assumed it would ever power a version of Pokemon, after all. A Lightning Version of […]
Australia is quickly becoming an integral part of the cryptocurrency world. Thanks to solid regulatory developments and a growing Bitcoin ATM network, bringing cryptocurrency to the masses has become a lot more straightforward. It is quite interesting to see how things have been accelerating over the past six months in […]
Of all cryptocurrency projects, Skycoin is perhaps the one that the community is most opinionated on and confused by. Especially recently, Skycoin has grabbed the attention of cryptocurrency enthusiasts worldwide. Unfortunately for holders, each passing headline seems to send the ambitious project down further. After achieving a temporary high of […]
A key topic of discussion within the cryptocurrency space is the ultimate implications of cryptocurrency and the underlying blockchain technology. One of the first transformational possibilities shared among the community was the idea of the Decentralized Autonomous Organization (DAO). What Is a DAO? A Decentralized Autonomous Organization represents an environment […]