Investors Can Soon Use Bitcoin to Buy Stocks
Bitcoin News

Investors Can Soon Use Bitcoin to Buy Stocks

What sets cryptocurrencies apart is their ability to allow investors to buy assets with utmost convenience. Whereas, investing in traditional stocks mostly have requisites, for example, you need to be an accredited investor before investing in publicly-traded stocks. The famous crypto investing app Abra has recently introduced a new way …

Scammers Make Ether Network their Preferred Target
Crypto Scam

Scammers Make Ether Network their Preferred Target

Since the crypto industry exploded, many people have learned how to develop new cryptocurrencies, or let’s say how to build infrastructure models such as digital asset trading platforms and more. Such developments have led to the emergence of different scams, as the blockchain surveillance company, Chainalysis, in latest report highlights, …

Crypto Exchange Kraken Closes a $100M Deal
Crypto Exchange

Crypto Exchange Kraken Closes a $100M Deal

Kraken, which is one of the biggest crypto exchanges, has acquired digital assets worth at least $100 million from a start-up, Crypto Facilities. It is very well the biggest deal in the crypto industry this year. On Monday, the San Francisco based company announced that the big acquisition would allow …

Where does South Korea Stand on ICOs?
ICO News

Where does South Korea Stand on ICOs?

South Korea Still Wary of ICOs The current week saw South Korea’s decision to continue the ICO ban in the country, an effort which could prove to be beneficial for other big crypto markets in Asia. The virtual currency task force of the office for Government Policy Coordination released a …

Coincheck Reports Over 1.7 Million New Users Since Resuming Operations
Crypto News

Coincheck Reports Over 1.7 Million New Users Since Resuming Operations

Trading Volume Increases as New Users Register In January 2018, Coincheck faced problems as about $534 million worth of the NEM cryptocurrency was stolen, resulting in a complete shutdown of operations. The financial damage was never recovered, however, the trading platform has been putting efforts to revamp its services ever …

Wikipedia Starts Accepting Crypto Donations
Crypto News

Wikipedia Starts Accepting Crypto Donations

Bitcoin Cash Payments The non-profit, Wikimedia Foundation operates Wikipedia and other free knowledge projects, and has partnered with BitPay, the famous crypto payment service, to accept bitcoin cash (BCH) and bitcoin core (BTC) donations. The foundation has been accepting bitcoin since 2014 through Coinbase, but recently changed payment processors to …

Crypto Market Recovers as Ripple (XRP) Rises
Ripple News

Crypto Market Recovers as Ripple (XRP) Rises

Ripple (XRP)’s Road to Recovery Earlier this week, the crypto market underwent a tumult, which was a direct result of Bitcoin failing to uphold the support level around $3,550. It is quite apparent now that the plunge in Bitcoin’s price causes the downfall of other cryptocurrencies as well. This time …

BitTorrent Bags over $7 million in its Token Sale
Crypto News

BitTorrent Bags over $7 million in its Token Sale

BitTorrent’s token sale concluded on Binance’s Launchpad platform on January 28. The company bagged $7.1 million, selling 50 million tokens within 15 minutes. Binance revealed the sale conclusion on its official blog. BitTorrent provides a peer-to-peer file sharing medium, letting users share files, music or videos on the internet. BitTorrent’s …

Bitcoin Could Soon Lose its High-Efficiency Status
Bitcoin News

Bitcoin Could Soon Lose its High-Efficiency Status

Researchers at Massachusetts Institute of Technology (MIT) have created a new cryptocurrency that reduces the data users require to join the network and carry out the transaction by almost 99 percent compared to the existing famous cryptocurrencies. As many of us are aware, cryptocurrencies are networks built on the blockchain, …

Economic Mismanagement Increases Crypto Use in Iran
Crypto News

Economic Mismanagement Increases Crypto Use in Iran

Iran is currently facing an economic fiasco, and its government is planning to redenominate its currency, as reported by a local media. Iran’s central bank governor Abdolnaser Hemmati said, “A bill to remove four zeros from the national currency was presented by the government by the central bank yesterday and …