Self-confessed “Bitcoin provocateur” Chris DeRose has published an open letter to the US Securities and Exchange Commission (SEC) saying ICOs “are killing innovation.” In a Medium post published Thursday, DeRose, who is known for his provocative statements in the Bitcoin and Blockchain space, said that consumers were being “swindled”...
Exploding Chinese trading volumes saw cryptocurrencies across the board gaining Thursday - with the notable exception of Ethereum Classic (ETC). While the top eight cryptocurrencies posted increases from modest to giant in the case of Ripple (38 percent in 24 hours), ETC was left floundering. This comes despite news last...
Financial technology, or Fintech, has become extremely trendy for startups since it holds significant potential and a lot of opportunities for realizing ideas. It’s easy to get confused due to the large array of options. Here are seven startups we consider interesting in the industry of financial technology. Ethereum Ethereum...
Cryptocurrency exchange BTC-E has announced verification procedures which will make it easier for Russians to purchase Bitcoins. The service, one of the oldest exchanges on the market, unveiled a raft of updates in a post on Tuesday. Chief among them is the “non-obligatory” option for users to go through verification,...
On May 31, local Chinese Bitcoin and cryptocurrency news source cnLedger reported that OKCoin China resumed withdrawals for traders. BREAKING: We received report that OKCoin (CN site) resumed withdraws! W/d limit based on vip level, starting from 10BTC/200LTC/1000ETH daily — cnLedger (@cnLedger) May 31, 2017 OKCoin is the largest Bitcoin exchange in...
Most Blockchain initiatives have a singular goal: to introduce a new Blockchain platform - Ethereum, July 2015; Lisk, May 2016; Waves, January 2017. More recently, projects have begun to focus on launching a more Fintech-focused service linking Blockchain to gold such as Digix Global or Ether ETF, the...
The cryptocurrency market is developing so fast it is almost impossible to keep track of everything that is going on there. What does one normally do in attempts to predict market trends and make profitable trades? Well, there is a number of methods. One may monitor a variety...
Last week, global startup competition and accelerator MassChallenge announced its 2017 finalists, which includes two Bitcoin/Blockchain companies, Token Labs and Voatz. The companies will compete for their share of a multi-million dollar prize pool over the course of four months this summer. MassChallenge also offers mentorship and resources...
Donald Trump’s seemingly erroneous covfefe tweet has sent the Internet into overdrive - including the cryptocurrency sphere. Who can figure out the true meaning of "covfefe" ??? Enjoy! — Donald J. Trump (@realDonaldTrump) May 31, 2017 As pundits puzzled over the circumstances behind Trump’s mysterious utterance, Core developer Jeff Garzik was...
After dropping to a low of 46 percent, Bitcoin dominance (Bitcoin’s market capitalization as a percentage of total cryptocurrency market capitalization) is back over 50 percent. In a bear market, Bitcoin is reasserting itself vis-a-vis altcoins. Altcoin frenzy The frenzied demand for altcoins over the past few months has resulted...