The leading messaging app in China, WeChat, has banned all of its merchants from engaging in crypto-related transactions. WeChat, owned by giant Tencent, introduced the new ban on April 30th, 2019. The update to the Payment Service Protocol states that all merchants using the app’s services cannot be involved in any virtual currency trading transactions…
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It’s not only Bitcoin that is seeing a nice pump in its value. Japan Content Token or JCT has managed to enter the top 100 alt coins by market cap on May 7th, 2019. It is currently ranked 67th according to the CoinMarketCap.com. Japan Content Token is an Ethereum-based token that serves reportedly as a…
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HBUS, the operators of the U.S. digital asset exchange, Huobi.com, has just informed that has added Oren Blonstein to its team as its Vice President of Product & Technology. Blonstein brings 13 years of experience working with hundreds of institutional investors and is a key addition to a new group at HBUS focused on delivering…
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The crypto industry has a major problem with how trading volumes are reported to data aggregators like CoinMarketCap.com. Much of the volume is overstated for a variety of reasons, and complaints of “fake volume” permeate the industry. Numerous studies have been conducted that document the “fake” level and disclose the reasons for such misrepresentations, but…
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It is the season to pack away your warm clothing and bring out your lighter fare for the warming months ahead. It may also be the season to put away heavy “bear” suits and elect to wear whatever a “bull” would wear when prancing around Crypto-Land. It is said that a leopard cannot change its…
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Facebook is surely at the forefront of cryptocurrencies and blockchain, it appears. After the company began a hiring spree back in 2018, the idea of creating a FaceCoin or a specific blockchain network was on. Here is what Leaprate reported back then: According to CCN, Facebook is probably exploring options for providing blockchain-based payment methods…
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We sometimes forget that our regulatory bodies have more to do than just look at crypto exchanges and the markets they serve. Representatives of these august bodies often have speaking engagements in other industry sectors, where they often share their opinions on the major topics of the day. For example, the Chairman of the U.S.…
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April is now in the history books, and Bitcoin, to the amazement of its stunned critics, has outperformed once more, delivering positive gains for a third month in a row. These gains are even more remarkable when you factor in that a major scandal broke at the end of the month, regarding reserve funds at…
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A new pacemaker has arrived in the crypto world, as the United Arab Emirates raced to the front of the pack take the first place crown in token sales for 2019. The U.S., which has been the outright leader in prior years, is sadly now in seventh place, due primarily to the regulatory clampdown that…
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It seems that ever since Elon Musk announced that his favourite crypto is DogeCoin, people have gone on to great lengths to somehow connect the "dots" between Musk and any relatable cryptocurrency that might be of interest to him. Just last month, Leaprate reported that the founder of Dogecoin, Jackson Palmer, said he is ready…
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