Bitcoin has tumbled big time, going from almost $20,000 in December 2017 to almost $3,000 in December, 2018. While the "people's currency" has dragged other alt coins to the near bottom, including Ethereum, Litecoin and many more, the crypto market managed to add around $45 billion in less than 10 days to its market capitalization.…
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Back in October 2018, the United Arab Emirates announced its plans to make ICOs official corporate funding options and further expand its leading cryptocurrency position in the world. Reuters reported that the new regulation will come into effect some time in 2019, with ICOs legitimately "replacing" IPOs, if companies decide to do so. The major…
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The world's largest cryptocurrency exchange, Binance, has recently added Ripple as a base trading pair, said Binance CEO, Changpeng Zhao. According to a blog post from today, December 24th, the new trading pairs will be TRX/XRP (Tron) and XZC/XRP (Zcoin) on the Combined ALTS Trading Market. The so called ALTS will replace the current ETH Trading Market,…
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OKEx, the second-largest cryptocurrency exchange by traded volume, has recently launched a new product called Perpetual Swap, which is a virtual derivative based on BTC/USD price speculation. The mechanism behind the new derivative product is similar to the one of futures contracts. The major difference, however, is that the perpetual swap does not have daily…
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Bitcoin is back once again over an all-important psychological support level of $4,000. The price of the most popular cryptocurrency dropped to its lowest point since August 2017 last month. Its price however is now slowly, but steadily, rising more than 7% yesterday alone and 33% over the last 5 days. According to some, this…
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The Venezuelan government recently introduced a state-backed digital coin, called Petro. The country has been facing economic downturn and the Venezuelan President, Nicolas Maduro, introduced the oil-backed digital coin to fight the dying economy. Back in the summer of 2018, the situation in Venezuela was so critical that people had to line with days for food…
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CertiK, the formal verification platform for smart contracts and blockchain audits, has added two new executives to its team. Daryl Hok will be the new Executive Vice President and Chief Operating Officer, and Yvan Nasr steps in as Head of Business Development and Partnerships. CertiK has recently expanded its headquarters in New York City. Commenting…
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The ICO of Dukascoins/Dukasnotes has been a subject to a green light from the Swiss Financial Market Supervisory Authority (FINMA) for two months now and the good news has finally arrived. FINMA has given a green light to Dukascoin, making it the first ever ICO of a Swiss Bank. Dukascopy Bank has announced the Live…
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Payments and e-commerce currency Dash and Kripto Mobile Corporation (KRIP) have announced that they have expanded the Dash/KRIP Phone ecosystem through a new partnership with Dash Text. Users of the non-smartphone model KRIP K1 phones will now be provided with the ability to send and receive Dash seamlessly through SMS. 66,000 KRIP phones have been…
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Last month, crypto derivatives exchange LXDX has opened its platform access, so traders would be able to create accounts and begin Know Your Customer (KYC) processes ahead of the live trading launch. The cryptocurrency exchange has just announced that the platform is now officially open to the public for live spot trading. People will now have…
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