Category: Cryptocurrency

December 22, 2017 BY Valentina Kirilova

Salt’s lending platform to allow WAX tokens as collateral for loans

Worldwide Asset eXchange (WAX) announced it will use blockchain-backed loan platform Salt to allow token holders to use WAX as collateral for cash loans. WAX token holders will be able to keep their cryptocurrency assets, including gaming skins and crypto collectibles, while accessing cash loans on the Salt platform. WAX is a groundbreaking project and we’re…

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December 22, 2017 BY Mariela Naydenova

Goldman Sachs launches a cryptocurrency trading desk in 2018

While this week has been hard for Bitcoin and other altcoins, the summer of 2018 seems promising. Probably the world’s most respected investment bank, Goldman Sachs, is now considering the launch of a cryptocurrency trading desk in 2018. With the respect and brand that Goldman has, this may be a pivotal moment for the firm…

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December 22, 2017 BY Mariela Naydenova

Ripple skyrockets, bright future for altcoins

While Bitcoin and other big cryptocurrencies are plunging this week, Ripple investors are taking off nice profits along the way. In the last couple of hours, Ripple rose in value by almost 30%, and is now trading at an all-time high of $1.39. This means that the cryptocurrency outdid Bitcoin Cash in market capacity and…

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bitcoin perception
December 22, 2017 BY Mariela Naydenova

Bitcoin value falls 30% after hitting all-time high

After hitting an all-time high of $20,000 just days ago, Bitcoin has now dropped with almost one third of its value, now trading at around $13,000. After reaching a peak last Sunday, investors are now taking a “cold shower” with the decreasing price of the digital currency. There are several reasons why that might be…

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æternity releases a live version of its blockchain platform
December 22, 2017 BY Valentina Kirilova

Snap Interactive chooses NEM blockchain technology to power new Backchannel app

SNAP will adopt NEM blockchain technology and XEM, the token underlying NEM NEM.io Foundation Ltd., a blockchain technology project, just announced that Snap Interactive, Inc. (OTCQB: STVI), a provider of live video social networking applications building on blockchain and other innovative technologies has selected NEM to power the Company’s core blockchain infrastructure. Development has already…

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December 22, 2017 BY Valentina Kirilova

Finom pioneers cryptocurrency stock capital in Switzerland

Financial blockchain company Finom AG today announced it has become the first company to increase its stock capital by level of Ether (ETH) at 7,760 - the second most popular cryptocurrency. Finom’s capital stock now comprises 2.5 million Swiss Francs (СHF). The funding is registered in the Finom profile on the Swiss Commercial Register Zefix.…

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bitcoin
December 22, 2017 BY Valentina Kirilova

FINRA warns against cryptocurrency-related stock scams

The Financial Industry Regulatory Authority (FINRA) has issued an Investor Alert warning investors to beware of potential stock scams when considering the purchase of shares of companies that tout high returns associated with cryptocurrencies, such as bitcoin. Unrealistic predictions of exponential returns and unsubstantiated claims made through press releases, spam email, telemarketing calls, or posted…

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December 21, 2017 BY Mariela Naydenova

Smart capitalization on the crypto "hype"

Amid the hype around the cryptocurrency market, an iced tea company has managed to triple its value after adding the word "Blockchain" to its name. The Long Island Iced Tea Corp., which is a beverage company, changed its name to the Long Blockchain Corp. and expressed their hope to get around partner companies that invest…

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December 21, 2017 BY Mariela Naydenova

What happened with Bitcoin Cash and Coinbase?

One of the largest cryptocurrency exchanges, Coinbase, launched Bitcoin Cash on their platform, and just hours after the announcement, they halted the trading of the newly added product on their exchange. Just before Coinbase launched Bitcoin Cash, the price of the digital currency was rising and this rise happened just hours before the launch on…

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