In its annual report on scams, Australia’s national consumer watchdog has revealed that cryptocurrency-related fraud has cost Australians over AUD $2.1 million in losses last year. The Australian Competition and Consumer Commission (ACCC) has published its annual ‘targeting scams’ report on Monday, revealing accumulated total losses of some AUD $340 million to scammers from 200,000 scam reports […]

ICO issuers are starting to look to jurisdictions outside the U.S. to set up shop. In an environment of regulatory uncertainty, where the U.S. Securities and Exchange Commission (SEC) has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto tokens, issuers […]

The cryptocurrency markets are flashing red as the third week of May comes to close. The total market capitalization of cryptocurrencies has dropped by 14.48 percent to $366 billion in the last 7 days, taking the month-to-date losses close to 30 percent, according to CoinMarketcap. Further, the probability that the cryptocurrency market will regain poise next week […]

Jack Ma has joined the bitcoin bashing brigade, although he remains keen on blockchain. Ma, chairman of Alibaba and considered China’s richest man, said during the second World Smart Conference in Tianjin that bitcoin is a bubble, according to a local industry report. In the past, he has said he does not understand bitcoin but had not previously gone […]

A bounty campaign is an offer made by many startups, websites, and software developers which enables individuals to receive recognition and compensation for performing marketing tasks, reporting bugs or improving a product/service. ICO startups and the token economy in general are excellent environment for bounty campaigns. In this informative article, we will discuss 5 key points regarding […]

Streaming a TV show or a sports game directly to your laptop doesn’t make big TV networks much money today. However, that might change if VideoCoin, a new decentralized project that’s taking aim at the price major broadcasters and media companies pay to stream content, succeeds on its vision. When a broadcaster sends out a […]

Ripple has launched an initiative that aims to give entrepreneurs in the blockchain space a better start in business – as long as they boost its own ecosystem. Announced Monday, Xpring (pronounced “spring”) will to invest in, acquire and provide grants to “serious” projects and companies run by “proven” entrepreneurs, a company release states. The venture capital […]

The IT subsidiary of electronics giant LG has launched its enterprise blockchain platform that can be applied in a number of sectors including finance and manufacturing. Dubbed ‘Monachain’ by LG CNS, the in-house enterprise blockchain platform will reportedly focus its applicability in digital authentication, digital supply chain management, and digital currency, according to a Korea Times report. […]

The world’s third-largest cryptocurrency is about to get a makeover, at least if one supporter gets his way. Earlier this week, Alexavier Guzman unveiled XRP Symbol, an open-source quest to find a new logo for XRP — and assign it a Unicode-compliant currency sign. Guzman explained in a Forbes op-ed that he was prompted to start […]

The cryptocurrency market has continued to fall over the past 24 hours, after seeing a decline of more than $40 billion on May 11. The bitcoin price fell to $8,250 while the majority of tokens recorded losses in the 20 percent range. UPbit + Mt. Gox On May 11, CCN reported that UPbit, South Korea’s biggest cryptocurrency […]