Category : Crytocurrency

Thailand’s Main Opposition Party Holds Primary Election on Blockchain

Thailand’s Democrat Party, the country’s main opposition party has become the first major political party in the world to carry out primary elections entirely on a blockchain. Using a live e-voting system powered by the Zcoin blockchain,...

Analyst: Bitcoin Will Likely Reach Bottom in Q2 of 2019, Bearish Short-Term

According to Willy Woo, a prominent cryptocurrency analyst and researcher, Bitcoin is expected to bottom out in the second quarter of 2019. Throughout the past three months, since August, Bitcoin has remained in a tight range from $6,200 to $6,800, u...

Ripple Surges 8% as Crypto Market Adds $4 Billion, Can Bitcoin Recover?

Over the last 24 hours, Ripple (XRP) has surged by more than 8 percent to $0.51, as the valuation of the crypto market increased by $4 billion from $181 billion to $185 billion. On November 15, the valuation of the crypto market fell by $27 billion f...

The Daily: US Bank to Issue Crypto Cards, Coinbase Updates Wallet

In Sunday’s edition of The Daily, we cover the upcoming launch of a new Visa debit card that will allow users in the U.S. to spend cryptocurrencies through conversion to fiat. We also mention the updated Coinbase wallet and take a look at an educatio...

Singaporean Crypto Exchange KuCoin Raises $20 Million Series A

Singaporean crypto trading platform KuCoin has announced the successful conclusion of a $20 million Series A funding round led by IDG Capital, Matrix Partners and Neo Global Capital. According to a statement released on November 14, the investment in...

World’s First Crypto ETP Gets Green Light in Switzerland

The SIX Swiss Exchange has given the go-ahead to an exchange-traded product tracking multiple cryptocurrencies, according to a Financial Times report. The Swiss regulators have raced ahead of the U.S., by agreeing to greenlight the Amun Crypto E...

Aussie Crypto Startup Power Ledger Brings P2P Energy Trading to Largest US Market

News today sees notable blockchain project Power Ledger launching its peer-to-peer trading product for renewable energy. Power Ledger will launch with American PowerNet at their home base in Pennsylvania. Power Ledger Power Ledger is a blockchain-bas...

Crypto Exchange-Traded Product Live on Swiss Stock Exchange Next Week

An exchange-traded product tracking an index of five leading cryptocurrencies reportedly will start trading on Switzerland’s Six stock exchange next week. The product will be available to both retail and institutional investors. Also read: Yahoo! Jap...

Lawyer: Phase Two of SEC’s Enforcement is Slow, Painful Grind For Crypto

According to Kobre & Kim government enforcement defense and securities litigation attorney Jake Chervinsky, the second phase of the US Securities and Exchange Commission (SEC)’s enforcement on crypto is a painful and slow grind for the sect...

More Crypto Exchanges Opening in Thailand, SEC Warns Approvals Needed

A growing number of companies are entering the cryptocurrency space in Thailand. However, they have not applied for approval from the Thai Securities and Exchange Commission (SEC), prompting the regulator to issue several warnings against unapproved...

Monero: Unsung Crypto Developer Wins Prestigious Award

Professor Joseph Liu received an award at the end of October 2018 from the Australian Computer Society (ACS) recognising his recent achievements with the title “ICT Researcher of the Year.” Liu is the creator and development leader of the...

Crypto’s Too Expensive? Binance Sent $600 Million in Bitcoin for Just $7

Crypto exchange Binance has been moving bitcoin funds to cold storage the past couple of days, and, of course, such large transfers don’t go unnoticed. Two transactions destined for Binance’s cold wallet come to the fore and demonstrate b...

Litecoin’s Franklyn Richards Says Cryptocurrency Will Be Institutionalized — And That’s OK

Everyone’s heard of Litecoin. Not to mention its charismatic creator Charlie Lee who sold all his LTC at the end of last year. A surprise move. Yet one that was meant to remove any conflict of interest between his active social media presence a...

The Cobo Vault Hardware Wallet Will Outlive You

The arms race between hardware wallet manufacturers is showing no signs of abating. Every new device must be more secure, robust and impregnable than its predecessor to claim the bragging rights and earn the shekels of the crypto rich, to whom nothin...

New York: DFS Grants BitLicense to Crypto Custodian

The New York Department of Financial Services (NYDFS) has issued a BitLicense to NYDIG Execution LLC, a subsidiary of New York Digital Investment Group (NYDIG LLC). In a statement published this week, the regulator revealed that the crypto...