Bithumb to Open a Decentralized Global Exchange
Bithumb, one of South Korea’s biggest cryptocurrency exchanges, will open a new cryptocurrency exchange to target the global market, the company announced on Oct. 3 This is part of its plans to take the lead in the global cryptocurrency market through overseas expansion as there are a lot of difficulties in expanding its domestic business […]
Multicoin Leads $10 Million SAFT Sale for Ethereum Scaling Blockchain Startup Skale Labs
Blockchain startup Skale Labs raised nearly $10 million in an effort to develop a blockchain scalability infrastructure for ethereum, the company announced Thursday. The startup says in a press statement that it raised $8.86 million in a Simple Agreement for Future Tokens (SAFT) sale led by Multicoin Capital, on top of $785,000 raised earlier this […]
Opera Delivers the First Desktop Browser with Crypto Wallet
Opera releasing the first Labs version of our Opera desktop browser (Mac, Linux or Windows) which lets you seamlessly interact with Ethereum Dapps and Web 3.0 without the need to install extensions or setup a new wallet. This means you can now pair your desktop browser with the built-in crypto wallet in your Opera for […]
Crypto Bull Thomas Lee Says Ethereum Is Poised for a Big Rally
Things may be looking up for Ether, the second most popular digital coin, according to cryptocurrency advocate Thomas Lee. The token, which has suffered a severe sell-off this year as investors retreated from the virtual-asset market, is about to bounce back, Lee wrote in a note to clients Thursday. Ether has lost half of its […]
Vitalik Buterin Says Zk-Snarks Could Scale Ethereum
A form of cryptography pioneered by zcash might help scale ethereum, the founder of the platform Vitalik Buterin said on a research forum Saturday. Named zk-snarks, Buterin wrote that by using the tech, ethereum can potentially scale “by a huge amount,” up to 500 transactions per second, without relying on layer-two scaling solutions, such as […]
NY Crypto Exchange Report Bearish for Bitcoin ETF Plans
A new report drafted by the New York attorney general’s office (OAG) alleges that a significant number of cryptocurrency exchanges may be vulnerable to market manipulation, a finding that could prove ominous for hopes among investors that federal regulators will approve a bitcoin ETF or other exchange-traded crypto products in the near-term. Bitcoin, according to […]
Kyber Network Is Enabling Merchant Payments in Any Ethereum Token
It’s a number that is growing by the hundreds every day, but the trouble is, according to Loi Luu, the CEO and co-founder of decentralized exchange Kyber Network, the majority of those tokens fall short of a practical use case. “What we observe is that most tokens are used only on exchanges for trading purposes […]
Ethereum’s Constantinople Hard Fork to Activate on Testnet in October
Ethereum’s upcoming hard fork, Constantinople, will activate in a testing environment next month, core developers agreed on Friday. Speaking in a bi-weekly video call, developers said the upgrade will activate around October 9 on a cross-client testnet, named Ropsten, which mimics the conditions of the ethereum network itself. However, due to the unpredictability of block confirmation times […]
Dapp Revival, Remme Launch, 1 Million Cryptokitties
There are green shoots of recovery throughout the crypto markets today, which some have attributed to Morgan Stanley’s reported foray into the field. We’ve got all the details on that one, plus other tales from across the cryptosphere on what’s shaping up to be a bullish day for bitcoin. Investment bank Morgan Stanley is looking […]
SEC Suspends Trading in Bitcoin and Ethereum Exchange-Traded Product
The regulator pointed to “a lack of current, consistent and accurate information” in the two crypto investment vehicles issued by Swedish firm XBT Provider AB following their entry into the US market last month. The U.S. Securities and Exchange Commission (SEC) on Sunday issued an order to halt the trading in Bitcoin Tracker One (CXBTF) […]
Crypto Growth Nears `Ceiling,’ Ethereum Co-Founder Buterin Says
There is no chance that the cryptocurrency and blockchain space will see “1,000-times growth” again, Ethereum (ETH) co-founder Vitalik Buterin stated in an interview with Bloomberg September 8. At an Ethereum and blockchain conference in Hong Kong, Buterin told Bloomberg that the rapid growth of crypto and blockchain industry is now reaching a “ceiling,” and […]
Payments Blockchain Stellar Hits Milestone
Stellar, the open source, community-owned cross-asset payment framework has achieved the milestone of 1,000,000 accounts on its network. This was revealed in a tweet posted by OrbitLens posted on Monday, August 27. Initially modelled and based and Ripple, Stellar has the goal of disrupting finance in three different ways simultaneously. It offers cross-asset transfer of […]
Crypto Exchange Giant Huobi Gains Controlling Interest in Public Firm
Crypto exchange giant Huobi has completed the purchase of majority shares of Hong Kong-based investment holding company, Patronics Holdings Limited (PHL). The development will see Huobi take over interest in an aggregate of 215,576,000 Shares, representing approximately 71.67% of the issued Shares as at the date of completing the transaction. Earlier this month, by the […]
Brazilian Crypto Investment Platform Atlas Hacked
Atlas, a popular Brazilian cryptocurrency investment platform, has been hacked. Although the company claims users’ funds are safe, the personal information of over 264,000 of its customers has been leaked. The security breach was first reported by the Investimentos Digitais (Digital Investments) YouTube channel. In total, there are 14,500 records of leaked data that detail […]
Bitcoin Remains Below $6,500
August 17 saw the first major attempt to reverse fortunes, but these gains have not been widely consolidated. At press time, Bitcoin (BTC) is trading below the $6,500 price point and Ethereum (ETH) has dipped below $300. Bitcoin (BTC) is currently seeing almost no change over the past 24 hours at press time, trading at […]
Ethereum Adoption is About dApp Network Effect, Not Users
Martin Köppelmann, the creator of decentralized marketplace Gnosis, has said that the adoption of Ethereum should be measured by the network effect of decentralized applications (dApps), not the number of users on the blockchain network. As a decentralized computing platform, the Ethereum blockchain network enables dApps and users to process data in a peer-to-peer and […]
World’s First Blockchain Bond on Ethereum
The Commonwealth Bank of Australia (CBA), the country’s largest bank, has won a mandate from the World Bank to become the sole arranger of a bond exclusively created and managed on a blockchain. Dubbed ‘bond-I’ – Blockchain Offered New Debt Instrument- with a nod to Australia’s famous Bondi beach, the pioneering issue will be the […]
Vitalik Buterin: Decentralized Exchanges Should Lead The Way
During an interview at Tech Crunch Sessions: Blockchain 2018, Ethereum Founder, Vitalik Buterin hoped “centralized exchanges burn in hell as much as possible” as he strongly advocated for the use of decentralized cryptocurrency exchanges. Vitalik’s fiery comments stemmed from his annoyance towards centralized exchanges wielding “stupid king-like power” as they have the power to dictate […]
Ethereum-Powered Insurer Nexus
With Nexus, Karp is trying to revive mutual insurance, a model that dates back to the 17th century and, many argue, aligned the interests of participants better than today’s profit-maximizing insurance firms. Nexus is one of a handful of blockchain startups, at various stages of development, aiming to use the technology for this purpose. But […]
VULTURE CAPITAL LAUNCHES VCAP CROWDFUND FOR FILM PRODUCTION
Vulture Capital has launched the crowdsale of its VCAP cryptocurrency, the proceeds of which will be used to fund the upcoming film Listen Carefully. Through this project, Vulture Capital hopes to spread mainstream use of cryptocurrency. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin […]
