XRP’s price is boasting double-digit percentage growth today for the second time this week as the broader market picks up the bid. At press time, the world’s third-largest cryptocurrency by market capitalization is trading across exchanges at an average price of $0.37 – a six-week high and 13.60 percent gain from today’s opening price of $0.33, according to CoinDesk’s XRP …
LINE, the messaging app giant from Japan, has unveiled plans that will see it launch an ambitious, token-powered ecosystem by the end of 2018. Aimed at capitalizing on the company’s big user base – LINE claims to have more than 160 million monthly active users – the plan is centered around its previously announced LINK token. Supported by a $10 …
Yet another Japan-based cryptocurrency exchange has been hacked, losing a 6.7 billion yen (about $60 million worth of cryptocurrency), including 5,966 bitcoins. The licensed exchange, called Zaif, is operated by the Tech Bureau. It said on Thursday that the exchange first noticed an unusual outflow of funds on the platform around 17:00 Japan time on September 14, after which the company …
According to Erik Voorhees, the CEO of popular cryptocurrency trading platform ShapeShift, the bear market of Bitcoin is crucial for building market foundation and infrastructure. He explained: “Bear markets are for builders. The calm, the quiet, the disillusionment. While the fickle and fair-weather peer around with nervous insecurity, the builders become the market’s foundation, preparing the mortar and stone of …
When trading on a cryptocurrency exchange, investors have little-to-no information about the person trading against them, that is, the person on the other side of their buy and sell orders. Subject to the geographic restrictions of the exchange, that could be someone who lives in your neighborhood, or it could be someone who lives on the other side of the …
A Bitcoin mining company formed from a U.S. private equity firm plans to begin building a 36 megawatt farm in Morocco from January next year, Ars Technica reports Tuesday, September 18. Soluna, the product of New York-based Brookstone Partners, intends to leverage local laws by eventually selling at least 20 percent of its electricity output back to the Moroccan government. …
The US Securities and Exchange Commission (SEC) commissioner Hester Peirce has stated that the government should not limit the emergence of new products in the crypto market based on the perceived weaknesses of Bitcoin. According to Peirce, the SEC should not force crypto markets to be subjected to comprehensive government regulation just to deploy products on top of the markets. …
A majority of circulating Bitcoins (BTC) are stored in investment wallets, according to a new report by cryptocurrency industry and analysis newsletter Diar. The analysis shows that 55 percent of bitcoins are currently kept in wallets that are valued over $1.3 million, constituting balances of more than 200 BTC. One third of BTC in those wallets have reportedly never been …
The team will be doing an initial round of 40M BOLT Tokens for the Crowd Contribution Round with a cap of 4,000 ETH. 1 ETH will secure 10,000 BOLT Tokens and in light of recent price fluctuations of ETH, the BOLT Team have increased personal cap from 10 ETH to 20 ETH. All participants must send their contribution from their whitelisted …
A senior Dubai law enforcement official has predicted that digital currency will “soon” usurp cash, local news outlet Khaleej Times reported Sunday, September 16. Speaking during a panel he was heading, Lt-Gen Dhahi Khalfan Tamim, deputy chairman of the Dubai Police and head of general security in Dubai, said that hurdles to digital currency becoming mainstream remained in lack of …
