Category: News Updates

Bitcoin, Ethereum, Altcoins, Mining, Trading & more

Cryptocurrency Trading on New Exchange willing to be opened by Swiss Stock Exchange Operator

Earlier this month ,as reported by CCN, “Swiss Exchange Operator SIX announced plans to launch a fully compliant crypto assets exchange by mid-2019, dubbing it the Six Digital Exchange (SDX). The platform, which allows clients to tokenize their traditional securities and issue and trade custom digital tokens while conducting ICOs, is the ‘first market infrastructure…
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Charlie Lee sees lightning network as ‘ultimate’ exchange in Bancor aftermath

Officials have confirmed on Wednesday that Bancor has resumed their operations after a USD 12 million hack. Bancor is a self-proclaimed ‘decentralized’ exchange platform. They had lost their on BNT, Ether and Pundi X tokens in the hack attack and faced a sudden backlash that seemed tremendous in the industry. This has sparked enough criticism…
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‘Be vigilant’ – one person behind lightning network 220% capacity spike

Owner of Shitcoin.com and an associate of Bitcoin.com owner Roger Ver, Andreas Brekken has publicly criticized Lightning, which currently controls 35.4 BTC ($221,000) of Lightning Network node. The entire Lightning Network, prior to Brekken’s node going live, had a capacity of only USD 225,000 with 49 percent of it being comprised by Brekken of the…
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BlackRock CEO denies company’s interest in cryptocurrency

Larry Fink, the CEO of BlackRock has denied all such reports where the company was looking to get involved with the cryptocurrency market. The news broke out that, “BlackRock Inc., the world’s largest ETF provider was looking to get into the cryptocurrency market.” However, Fink responded to Bloomberg stating, “I don’t believe any client has…
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In order to stamp out foreign ICOs, vigilance pledged by Chinese Central Bank Official

Regulating cryptocurrencies have been charged recently by The People’s Bank of China committee in order to discuss the next phase in their plan. China had earlier shocked the work when they announced that they are putting a ban to all ICOs within their territory and are going to monitor the activities closely of all the crypto…
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Philippines regulator expects USD 67 million windfall from licensing crypto exchange

The administrator of an economic zone that is government controlled is looking forth to rake in USD 67 million in issuing licenses to cryptocurrency exchanges. Th government in the Philippines has already legalized the operations for cryptocurrency exchanges to operate in the Cagayan Economic Zone Authority (CEZA) in April this year – complete with all…
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Ronaldinho to develop 300 digital VR stadiums by launching cryptocurrency

The Brazillian football star, Ronaldo de Assis Moreira, better known as Ronaldinho is now aiming to launch his new ambitious project which is on cryptocurrency that aims to focus on creating a football academy and host global and amateur league matches from around the world. He looks to develop and operate a betting platform as…
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USD 3 Million Developer Fund launched by Kik to create 25 ‘Kin Economies’

The founders and the creators of the famous Kik and Kin cryptocurrency are now making a multi-million dollar bet in what could be the solution in helping the firm create and monetize digital economies – crypto tokens. CEO and founder of Kin and Kik, Ted Livingston, says, “Up until now, developers haven’t had access to…
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Crypto Chief of Susquehanna’s says that Bitcoin is the Best Cryptocurrency Investment

The many already existing use cases of Bitcoin has already given itself the leverage and the added advantage that it now needs over other cryptocurrencies. This is according to Bart Smith, the head of digital assets at Pennsylvania-based trading firm Susquehanna International Group, on Tuesday when a spokesperson of CNBC had interviewed him. According to…
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Bitcoin Could Hit $60,000 This Year according to Crypto Wallet Founder

Ethereum co-founder and founder of the ConsenSys blockchain software company, Joseph Lubin said that, “Ethereum developers are focused on building infrastructure and that the community is not preoccupied with price.” He also said that, “any price movement – up or down – is good for Ethereum since it draws attention to the Ethereum ecosystem from…
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