Vitalik Buterin has left the VC firm Fenbushi Capital | Coindelite News
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Vitalik Buterin has left the VC firm Fenbushi Capital

Vitalik Buterin has left the VC firm Fenbushi Capital Vitalik Buterin, C0-founder of Ethereum, has quit the China-based investment firm Fenbushi Capital. Fenbushi was founded in 2015 and its $50 million fund was one of the first to actively put capital into blockchain companies through seed investments and participation in ICOs. …

China is constantly raising the ban on its cryptocurrency crackdown | Coindelite News
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China is constantly raising the ban on its cryptocurrency crackdown

China is constantly raising the ban on its cryptocurrency crackdown Beijing has planned to block domestic access to Chinese and offshore cryptocurrency platforms which allows the centralized trading. Chinese authorities have also started targetting the people and companies those provides market-making, settlement and clearing services for centralized trading. The further …

Malaysian Tax Officials has frozen Luno Exchange Bank Account

Malaysian Tax Officials has frozen Luno Exchange Bank Account From past few weeks, the regulators and financial institutions have been reacting to the worldwide popularity of bitcoin and other cryptocurrencies. This week in Kuala Lumpur, Malaysia, the trading platform Luno had its bank account frozen by the country’s tax officials. Luno highlighted …

MoneyGram Collaborated with Ripple for 'Payment Flow' Project | Coindelite News
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MoneyGram Collaborated with Ripple for ‘Payment Flow’ Project

Ripple News MoneyGram to use Ripple which is also known as XRP for its “Payment Flows.” Companies like MoneyGram use pre-funded accounts to handle the payments, but this process is often slow and can tie up funds for longer than is ideal. MoneyGram’s Alex Holmes told Bloomberg that he hopes …

Ethereum Blockchain has Processed more than $23bn in Transactions within last 24 Hours | Coindelite News
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Ethereum Blockchain has Processed more than $23bn in Transactions within last 24 Hours

Ethereum News Comparing different blockchain-based ecosystems usually does not make any sense.  In the cryptocurrency world, though, there are some interesting metrics worth keeping an eye on. Over the past 24 hours, it seems the Ethereum blockchain helped transfer just over $23bn. This is almost as much as Bitcoin, Bitcoin …

Bitcoin (BTC) reached 80% of the total supply, only 20% left to be mined. What's next? | Coindelite News
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Bitcoin (BTC) reached 80% of the total supply, only 20% left to be mined. What’s next?

Bitcoin News This weekend indicates a milestone for bitcoin since 80 percent of the cryptocurrency has now been mined into the distribution, this means there is only 20 percent left to mine. An anonymous person ‘Satoshi Nakamoto’ who created bitcoin, his protocol s one of the first to introduce digital poverty …

China's Google Baidu has Launched Blockchain as a Service Platform | Coindelite News
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China’s Google Baidu has Launched Blockchain as a Service Platform

Blockchain News Reports say that China’s leading websites in terms of traffic, the search engine which is known as Baidu has launched a Blockchain-as-a-Service (BaaS) platform called Baidu Trust. The Baidu Financial says, the BaaS, or at least a pilot version of it, which has been operational since July 21, 2017. A …

KFC Canada started accepting Bitcoin for food

Bitcoin News Bitcoiners in the past few days has seen mainstream media spreading rumors about South Korea’s ban on cryptocurrency. This, as always, made some panic selling. But we don’t have to be upset. Colonel Sanders is here to spread some fried chicken joy between the crypto market. KFC Canada tweeted …

Reliance Jio is planning to Launch their own Cryptocurrency called Jio Coin | Coindelite News
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Reliance Jio is planning to Launch their own Cryptocurrency called Jio Coin

Cryptocurrency News After confusing the telecom sector with its free offers and hyper-competitive charges, Reliance Jio Infocomm Ltd has planned to create its own cryptocurrency called JioCoin. Mr. Mukesh Ambani’s elder son Akash Ambani will be leading the JioCoin project, Reliance Jio has planned to build a 50-member team of …

Russia Drafts Bill for Legalizing Cryptocurrency trading on Approved Exchanges

Bitcoin Exchange The Russian Ministry of Finance is drafting a bill for legalizing the cryptocurrency trading on approved exchanges. The ministry is already preparing a list of approved trading platforms. Some Exchanges are going to be Legalized Alexei Moiseev, The Russian Deputy Finance Minister told: “My Ministry supports the legalization …