Category: Cryptocoin
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Terminals For Exchanging Crypto Put To The Test By Institutional Industry Leaders
byA company which has created a terminal for exchanging cryptocurrencies, as well as state-of-the-art compliance technology, has started to roll out early versions of its hardware to industry leaders worldwide. Blockchain Terminal says several alpha terminals are already in use – and right now, 200 beta machines are being built in New York. Its hardware brings […]
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Binance Leads $30 Million Funding Round in Signal Founder’s Crypto MobileCoin
byCryptocurrency exchange giant Binance has led a $30 million funding round for MobileCoin, a cryptocurrency whose development team includes Signal creator Moxie Marlinspike. MobileCoin announced the conclusion of the funding round on Tuesday, adding that Binance had made its investment in the project through Binance Labs, its blockchain incubator. The cryptocurrency, which will utilize the Stellar Consensus […]
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Bitcoin hits its highest levels in over a month as crypto markets rebound
byThe price of bitcoin was up more than 4% Tuesday, as high as $9,350 per coin, continuing a streak of gains that have pushed the world’s largest cryptocurrency to its highest price since mid-March. Most cryptocurrencies saw a slight decline ahead of the US deadline for filing income taxes, which was predicted by both cryptocurrency investors as well as […]
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Crypto Funds Dropped 29% in March
byThis year has proved rocky for cryptocurrency traders following 2017’s rally. Last year, a spike in demand for crypto coins drove the prices of digital assets like bitcoin, the world’s largest cryptocurrency by market capitalization, to record highs. Out of the 167 estimated crypto hedge funds that launched last year, many have struggled this year, with at least nine forced to shut down […]
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Basis is Building a New Crypto – Will it Be More Stable than Bitcoin and Replace Money?
byBasis is a new startup that is building a cryptocurrency which will have the name of the company. The company aims to launch a coin that will be more stable than Bitcoin, as well as, a coin that will replace money. It is remarkable that some of the most respected investors of Silicon Valley closed […]
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Crypto Payment Start-Up Set To Offer ‘Lightning Fast’ Transactions
byA new project is building an ecosystem for cryptocurrency payments to eliminate bottlenecks which are stopping the world from enjoying a “second cryptoeconomic boom.” Korona argues that current Blockchain payment systems are geared towards investors – and the likes of Bitcoin and Ethereum are not technologically suited to keeping up with the daily demands of consumers and […]
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Crypto trading tumbles as investment scramble unwinds
byLONDON – Trading activity on cryptocurrency exchanges has halved from its December peak, industry data shows, as retail interest in the virtual coins declines and the prices of many remain far below their recent highs. Average daily traded volumes across cryptocurrency exchanges fell to $9.1 billion in March and to $7.4 billion in the first […]
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Where Crypto Regulations Stand Worldwide
byWith no consensus on the best way to regulate cryptocurrencies, a global regulatory crackdown appears to be accelerating – but not always with the intended results. Late last year, China introduced a raft of draconian new rules governing bitcoin and other virtual currencies, halting virtual cryptocurrency exchanges and banning initial coin offerings (ICOs) – the means by which new cryptocurrencies raise funds. As […]
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U.S. cryptocurrency project gets $133 million investment from big investors
byNEW YORK – A start-up launched by three Princeton University graduates for a new cryptocurrency has raised $133 million from a slew of big investors in a private placement, Intangible Labs Chief Executive Officer and co-founder Nader Al-Naji said on Wednesday. Intangible Labs is the creator of basis, a digital currency that aims to maintain […]
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Major South Korean Crypto Exchange Coinone To Launch In Indonesia
bySouth Korea’s third largest cryptocurrency exchange, Coinone, has announced plans to launch an exchange in Indonesia, according to a press release published on its site Monday, April 16. As stated in the Coinone’s press release, the new Indonesian branch opened for pre-registration April 16, with an official launch set for June. According to Finance Magnates, the exchange will […]
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