Month: August 2018

$32mil Raised by Mining Company Listed on London Stock Exchange

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Idealistic startup Argo Blockchain PLC, a mining company, is the first cryptocurrency-related firm to sit on the prestigious London Stock Exchange. In only its initial trading day, Argo raised $32 million, earning a $61 million valuation in the process. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton Mining Company … Read more

Markets Update: Bears Claw Billions Off Digital Currency Valuations

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Cryptocurrencies tumbled once again today in value as a great majority of digital assets are seeing losses this Saturday. Since our last markets update the entire digital currency economy shaved another $15 billion off the market capitalizations of all 1,600+ cryptocurrencies. Alongside the dreary prices, trade volumes have also been lackluster, leading many individuals to … Read more

This ICO Project Wants to Detokenize Itself

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Digipulse, a Latvian startup offering “crypto-inheritance” services, has decided to completely detokenize its business. Only two of its clients signed up on the platform using its native tokens. The team also says it doesn’t like to rely on price speculation but wants to create value with its service. Also read: Cars and Pizzas for Crypto … Read more

What Is Masari?

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All major cryptocurrencies have seen their code being forked over the past few years. It is a trend affecting Bitcoin, Ethereum, Litecoin, and so forth. Monero has seen its fair share of forks too, although the Masari project has been overlooked by a lot of people. Nearly a year after being first announced, now is … Read more

Gox Creditors Agree to $1.3Bil Repayment in BCH, BTC, No Altcoins, by Summer 2019

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Mt. Gox, the defunct and disgraced bitcoin exchange (at one time the biggest in the world) is preparing a final chapter in a long, sorted ordeal. Creditors have coalesced around a repayment scheme to make victims whole. It includes what might amount to $1.3 billion in returned bitcoin cash (BCH) and bitcoin core (BTC) as early … Read more

Bitcoin Price Watch: Currency Dives Deeper in the Red

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At press time, the father of crypto has sunk deeper into oblivion and is now trading for just over $6,900. This is a $600 drop from yesterday’s price, which leaves many investors and enthusiasts worrying about the future of crypto. Is bitcoin about to disappear for good? All the currency’s gains over the last two … Read more

Financial Services Giant Northern Trust Aggressively Expands into Crypto and Blockchain

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Northern Trust has become the latest financial services giant to announce ventures related to cryptocurrency and blockchain technology. The Chicago-based company revealed that it has been working on blockchain-based solutions for its private equity workflow as well as assisting hedge funds that have invested in cryptos. Northern Trust is working with three mainstream hedge funds … Read more

Long Blockchain Subpoenaed by the SEC Months After Nasdaq Delisting

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When Bitcoin was hitting record highs in December, blockchain technology was one of the hottest areas that companies sought to invest in. To take advantage of the hype and the increased investment flowing into the industry, some companies changed their names and their core services and began to offer blockchain-related services. One of them was … Read more