Report: Use of Bitcoin in Commerce Hit Low in May After Peaking at $411 Mln Last Year
The volume of Bitcoin used for commerce fell from a high of $411 million last September to a low of $60 million in May 2018 Go to Source Powered by WPeMatico
MobileGo in Freefall After Former Team Member Reveals Fraud
A troubling characteristic of ICOs is the explicit lack of accountability that token distributors have to maintain promises. As token holdings do not represent project ownership, deceitful entrepreneurs are emerging among legitimate projects as conmen and snake oil salesmen looking to earn quick riches. A frightening Reddit post on Sunday exposed GNation’s CEO and other … Read more
Russia Reports 15% Increase in Number of Crypto Mining Companies
The Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year. Also read: Swissquote … Read more
Bitcoin Cash Celebrates Its First Birthday: From a Hard Fork to Easy Going
Bitcoin Cash turns one — a look at the altcoin’s journey after its controversial fork from the Bitcoin blockchain in 2017 Go to Source Powered by WPeMatico
How Often Should Exchanges List New Coins?
With Binance entering its Coin of the Month voting season, now is a great time to discuss the common practices of crypto exchanges. While exchanges are a necessary element of the industry, they are still lacking in a number of areas. One feature which particularly bothers investors is how slow most exchanges are to list … Read more
Bitcoin Dips Below $7,500 аs Crypto Markets See Second Day of Losses
Crypto markets have seen their second day of losses, with Bitcoin dipping below $7,500 and virtually all major cryptocurrencies in the red Go to Source Powered by WPeMatico
Bitmain Made $1B in Q1 Profit, Valued at $14B
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. The report further revealed that the Beijing-based firm had made $1 billion in … Read more
Japan’s SBI Group to Develop Crypto Derivatives Platform Following New Investment
Japanese financial services giant SBI Holdings plans to develop a crypto derivatives platform following new investment in an American trading platform developer Go to Source Powered by WPeMatico
Japanese Public Company Offering Loans Secured by BTC, BCH, ETH
A Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2.7 million) at varying interest rates. The company has also established a subsidiary overseas for its crypto business. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more