Zambia Launches Crackdown on Crypto Companies

The Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct. 14, when the central bank announced an investigation into Heritagecoin Resources Ltd. for allegedly laundering money, according to local media reports. … Read more

PR: Exosis Launches ICO to Create a Multi Utility Platform

Exosis is a multi utility blockchain platform with five blockchain sites which include, a decentralized cryptocurrency exchange, a virtual masternode, a decentralized e-commerce site, e- wallet and an OTC platform. The cryptocurrency industry has been growing exponentially over the past couple of years. Currently, it is maintaining the market capitalization at $250-300 billion. This indicates … Read more

Zambian Central Bank Declares Bitcoin Is Not Legal Tender

The Zambian central bank said on Oct. 12 that cryptocurrencies like bitcoin core and bitcoin cash aren’t legal tender, cautioning that those transacting in such will have no one to blame in the event of market failure. It appears that the bank issued the decree because, as a traditional issuer of the depreciating local fiat … Read more

Zigzag Platform Provides Cryptocurrency Swaps Over the Lightning Network

There’s a new exchange system under development called Zigzag.io, an app that allows users to swap bitcoin core for other digital assets like bitcoin cash, dash, and ethereum over the Lightning Network. The beta application is currently available to test cryptocurrency trades as the project launched on the main-network during the first week of September. … Read more

First Major Bitcoin Cash ICO Raises $30M in Record Time

On Oct. 8, 2018, the blockchain firm and mining pool Viabtc finished the first high-value initial coin offering (ICO) using the Wormhole protocol and Bitcoin Cash chain. According to exchange data, the Viabtc Token ICO raised US$3,700 per second capturing a total of $30 million in 2.2 hours. Also Read: Electron Cash Developer Reveals In-Wallet BCH … Read more

Robinhood Crypto Expands to Three More States

Crypto trading app Robinhood is now available in more U.S. states. In October, the platform has launched services in Rhode Island, Tennessee and Arkansas. The move brings the total to 24 states whose residents can now make zero-commission trades in several leading cryptocurrencies. Also read: Increasing Number of Crypto ATMs in Europe Support BCH App … Read more

The 6 Hottest Altcoin Exchanges of 2018

The cryptocurrency world is about much more than just Bitcoin and Ethereum. A lot of traders show a keen interest in trading altcoins, though finding the best platforms to do so may be a challenge. The following six exchanges lead the pack in terms of trading volume at this time. Keep in mind, not all altcoins … Read more

Bitcoin Trading Flourishes on Whatsapp Following African Exchange Closures

Governments in Africa simply cannot stop an idea whose time has come. In Zimbabwe, financial regulators banned cryptocurrency trading, and shut down two exchanges, thinking to have killed the ecosystem, only for Bitcoin to find a new life on Whatsapp. Kenyan authorities have sounded tough on virtual currency, warning banks and individuals against trading such, … Read more

Markets Update: Crypto-Traders Patiently Wait for a Break Out

Cryptocurrency prices have remained in a consolidated pattern over the last two weeks with a few ups and downs, but have remained fairly stable in recent days. The overall market capitalization of all 1900+ cryptocurrencies is valued at $221 billion with close to $12 billion worth traded over the last 24-hours. Also read: Bitpay Phases Out … Read more

Top 5 Up-and-coming Decentralized Exchanges to Check Out

Competition is heating up in the world of decentralized cryptocurrency exchanges. That is a good thing, as this industry needs more players to improve liquidity and provide a more appealing service. The following five projects are not as well-known among the community, yet they all seem to offer individual potential to bring cryptocurrency to the … Read more