EY Executive Says Bitcoin Has No Practical Use in India

An EY executive who recently visited India and met with a number of government agencies has voiced his opinion about the future of cryptocurrencies in the country. He believes that bitcoin has no practical use, is just another “foreign” currency, and its widespread adoption could be “very damaging to the global economy.” Also read: SEC … Read more

Electroneum Price Risks Dropping Below $0.0055 as Community Unrest Grows

Things are not going well for most of the cryptocurrency markets right now. With Bitcoin dragging everything else down with it in quick succession, the losses are piling up fairly quickly. For the Electroneum price, the current momentum is not necessarily all that great. A drop below $0.0055 seemingly looms ahead, which will not please … Read more

Binance Launchpad Confirms CELR Token Sale for BNB Holders

The cryptocurrency industry has seen numerous interesting trends. Over the past few years, ICOs were all over the place. They are now slowly being phased out in favor of STOs, or Security Token Offerings. One company reaping the benefits from the ongoing interest in token sales is Binance. Their next “crowdsale” revolves around Celer Network, … Read more

Indian Crypto Exchange Wazirx Taking Auto-Matching P2P Services Global

Cryptocurrency exchange Wazirx is expanding globally. “While India has a banking ban,” the CEO of the exchange told news.Bitcoin.com, “we realized there’s banking trouble in a lot more countries.” Over 40 cryptocurrencies will be available to all major countries, with the exchange’s auto-matching P2P services to launch one country at a time based on user … Read more

Monero Protocol Upgrade Thwarts all Current ASIC Mining Attempts

Any finance-oriented industry will need to undergo constant development, changes, and face new competitors. In the cryptocurrency world, that situation is no different, although things are done a bit differently. Monero, one of the more popular altcoins, has undergone another major fork, which makes the project further ASIC-resistant and privacy-oriented.  The trade-off is how its … Read more

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