Yesterday, on October 10, the price of Bitcoin broke out of the $6.600 mark after stabilizing at the $6,550 level for a few weeks. The volume of Bitcoin saw an increase of 12 percent from $3.2 billion to $3.6 billion on Coinmarketcap and $2.1 billion to $2.38 billion on ShapeShift’s CoinCap.io. Some tokens including 0x and Polymath have recorded decent …
The Binance exchange has announced today a major change to its token listing fee policy. The team revealed that: “Starting immediately, and going forward, we will make all listing fees transparent and donate 100% of them to charity.” According to the new policy, leaders of any project will be able to determine their desired fees (donations) themselves. Binance’s charity initiative …
Park Won-soon, the mayor of Seoul, has revealed a five-year plan to invest $108 million to develop the South Korean capital as a smart city powered by blockchain. In a speech during his visit to Zurich, Park announced last week that his Blockchain Urban Plan for 2018–2022 will cover 14 public services in five areas, with a government budget totaling …
On October 8, Bitcoin achieved a 17-month low volatility. Experts have stated that the cryptocurrency market is maturing as more funds from the traditional finance sector flow into the market. Although the volume of Bitcoin still remains at around $2 billion on CoinCap.io and $3.3 billion on Coinmarketcap, the dominant cryptocurrency has recorded a slight increase in price to $6,600, …
The South Korean National Police Agency has compiled a report of known hacking incidents that occurred in the country since 2016, according to local media. Lawmaker Cho Won-jin. The report entitled “Status and Measures of Hacking Damage of Virtual Currency Exchanges in the Last Three Years” was submitted to the South Korean government and unveiled by lawmaker Cho Won-jin on …
Lithuanian authorities held a seminar examining the “threats and potential benefits” of Initial Coin Offerings (ICO) to the country’s economy, a press release reported Wednesday, October 3, amid an ongoing investigation into cryptocurrency trading habits. The Financial Crime Investigation Service (FCIS) organized the meeting, which included representatives from government ministries, the central bank, and the General Prosecutor. According to the …
After a brutal beat down of bitcoin’s price this year, digital currencies might be poised for a rebound with two milestone projects coming online in November. One has the backing of the owner of a major stock bourse, while the other is stacked with crypto’s biggest virtual currency exchanges. Intercontinental Exchange, or ICE, is aiming to develop a new crypto …
Ether (ETH), the world’s second largest cryptocurrency by market capitalization, has staved off an attempt by the bears to break a two-week uptrend. The cryptocurrency defended the trendline connecting the Sept. 17 low and Sept. 25 low yesterday, boosting the odds of a bullish break above the recent lower price high of $240. ETH also briefly dropped to third place …
EOS investors can’t say they weren’t warned. What was foretold in a March blog post by ethereum creator Vitalik Buterin may have come to pass on the world’s fifth largest blockchain, with a bout of vote buying drama rocking the $5 billion protocol over the weekend. That’s when a Twitter account named “Maple Leaf Capital” produced screenshots from a leaked …
Cryptocurrency exchange and custodian Gemini Trust Company, LLC (Gemini) has secured insurance coverage for custodied digital assets from lending services firm Aon, according to a press release published Oct. 3. Founded in 2014 in New York by Tyler and Cameron Winklevoss, Gemini is now the 50th largest digital currency exchange by 24 hour adjusted trade volume, according to data from …
