Category: Cryptocurrency

INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets
January 24, 2019 BY Mariela Naydenova

MIT's new cryptocurrency Vault - 99% more efficient than Bitcoin

Bitcoin has often been taunted as too "energy-intensive" and too "data-intensive". The top ten cryptocurrencies by market cap are sometimes "accused" of the same features. The Massachusetts Institute of Technology, MIT, have now designed a cryptocurrency that is reportedly 99% more data-efficient than other cryptocurrencies. The innovative alt coin will provide a more scalable network because…

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Ripple
January 24, 2019 BY Mariela Naydenova

Is Valor Foundation planning a hostile takeover of Ripple?

The combination of the words “hostile takeover” and cryptocurrencies is not very common. A report from press claims that a startup known as Valor Foundation is planning a hostile takeover of Ripple, the $14 billion cryptocurrency. According to BTC Manager, if such a takeover is actually completed, it will be the first hostile takeover in…

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acquisition
January 24, 2019 BY Valentina Kirilova

MyCrypto acquires Ambo, expands into mobile

MyCrypto, Inc. has just announced that it has acquired Ambo, a company that aims to make cryptocurrency easy through the development of crypto wallets. With this move, MyCrypto will leverage Ambo’s technology and talent to build a suite of cross-platform mobile tools for mainstream digital asset investors. The open-source blockchain interface plans to expand into…

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January 24, 2019 BY Valentina Kirilova

Dash teams up with Anypay and eGifter

Dash, the digital currency for payments and e-commerce, has teamed up with Anypay, a global payment network, and eGifter, a gift card marketplace offering 300+ eGift cards to U.S. and global brands. People can turn their Dash directly into eGift cards without converting to fiat. We are very excited to be able to bring Dash…

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Paxful launches wallet app, releases a series of educational workshops in Africa
January 23, 2019 BY Mariela Naydenova

From WEF 2019 – South Africa as a top blockchain destination

The World Economic Forum is a much awaited event, especially when some of the “hottest” technologies are on the table: blockchain, digitalization, economic development, etc. It appears that there is a new blockchain “power” that is emerging right now. South Africa is currently positioned perfectly to be a global blockchain player among other “giants” such…

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Huobi DM volumes
January 23, 2019 BY Mariela Naydenova

Huobi Japan is now a fully-regulated crypto exchange

Huobi Japan is now a wholly-regulated crypto exchange, supervised by the Financial Services Agency in Japan. The cryptocurrency exchange was created through a merger between Huobi Group and BitTrade. The Founder and CEO of Huobi Group commented on the milestone: This is an important milestone for us," said Leon Li, Huobi Group Founder and CEO. "Firstly,…

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FXTM analyzed 70 M&A deals to show stock performance and GDP comps
January 23, 2019 BY Mariela Naydenova

Bithumb looks to go public in the US with a reverse merger

Bithumb, one of the world’s largest cryptocurrency exchanges, is looking to go public in the US through the mechanism of reverse merger. Bithumb can become the very first crypto exchange to be traded publicly in the United States. The holding company of Bithumb, BTHMB, which is based in Singapore, is seeking to be listed in…

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