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News From The Crypto Currencies Scene

2017-06-14 06:00

Startup, Bancor Raises $150 Million Using Ethereum in Three Hours

In just three hours a startup raised $150 million from anonymous investors from blockchain-based funding- the initial coin offering (ICO).…

2017-06-13 08:36

Bitcoin Stumbles Down After Hitting an All-Time-High $3000 Mark

After a sudden spike hitting Bitcoin to a $3000 mark, the beginning of the week brought down Bitcoin’s price drastically down by over $400 in a matter of hours…

2017-06-13 02:12

KYC Guidelines To be Introduced By Russian Government For Cryptocurrency Purchases

The Russian Ministry of Finance is intending to introduce KYC guidelines for cryptocurrency purchases favouring greater identity verifications and the desire for a more forbearing and regulated legal mechanism and structure.…

2017-06-12 06:57

In All-Time High Bitcoin Hits $3000 Mark

In a massive surge in the value trends of Bitcoin, an all-time high was seen on Sunday of gain about 200% in the value, the cryptocurrency reaching $3,000 mark, ever since January 2017.…

2017-06-09 08:29

Lykke Cryptocurrency Exchange Now Includes Ethereum

Lykke, cryptocurrency exchange has integrated Ethereum and is available for trades through Lykke wallets. Lykke exchange would enable the users to trade ether with all the other tokens and currencies.…

2017-06-08 08:16

BitCart Dashes up With Dash, Bids a Goodbye to Bitcoin

Ireland-based discount gift card platform, BitCart is now accepting Dash only and is no longer accepting Bitcoin because of the slow processing time, crippling the company’s ability to provide a 24-hour turnaround to customers.…

2017-06-07 10:18

NVDIA and AMD to Launch Cryptocurrency Mining Cards Soon

According to a report, the graphic card tech giants Nvidia and AMD plan to release specifically designed graphic cards for cryptocurrency miners.…

2017-06-06 06:45

LG Pay lands to compete with Samsung Pay in South Korea

LG Electronics has officially launched out its mobile payment services in South Korea. LG Pay service would be very much similar to the Samsung Pay, the digital payment services of Samsung Electronics. It is based on the wireless magnetic communication technology, which would enable …

2017-06-06 06:06

Bitcoin hits All-Time High at over $2,900 mark

The most sought after cryptocurrency, Bitcoin has been riding high for the past few months. It has now nearly reached close to $3,000 mark and up by $1500 in just 30 days. Bitcoin has hit an all-time high at $2,911.86 yesterday, with the current rate setting at $2838.03.…

2017-06-05 06:59

Coinbase on Another round of fundraising; aims to raise $100 million

Coinbase is out on a mission for fundraising, with the target of $100 million. It is the leading Bitcoin wallet and exchange platform that is seeking for investors and further plans in fundraising by them would be the biggest ever by any cryptocurrency business.…

2017-06-05 03:18

Malaysian Investors Seek Cryptocurrencies

With all the investors in Malaysia running towards the new safer investment option as compared to stocks and bonds, cryptocurrencies provides investors with a chance to be involved in a less risky and more profitable investment.…

2017-06-03 08:26

“Russian Bitcoin” to be the Only Big Thing in Russian Cryptocurrency Market

The only cryptocurrency freely available for sale and purchase in Russia is the Russian Bitcoin, which would use Sberbank as its base. Sberbank is Russia’s major state- controlled bank. The Russia’s central bank along with Sberbank will work on the development of a cryptocurrency as agreed by CEO Herman Gref, Sberbank.…

2017-06-01 06:19

Kin, the Next Big Thing in Cryptocurrency Market?

Kik, messaging app has launched its own digital currency, Kin, is going to be the primary payment method for any transaction method carried out over Kik.…

2017-05-31 08:53

Omise Go to Soon Hit The Cryptocurrency Market

Omise, a Thailand-based company that provides Stripe-like payment features in Japan and Southeast Asia, plans to raise money by using cryptocurrencies like Bitcoin and Ethereum through ICO(Initial Coin Offerings).…

2017-05-30 06:12

Bolivian Authorities stand firm against Cryptocurrency Promotors

At least 60 cryptocurrency promoters were reportedly arrested last week by The Bolivian Financial System Supervision Authority (ASFI). According to ASFI, the arrestees were carrying out training activities relating to investments that have a characteristic of a multilevel scheme.…

2017-05-29 07:46

Cryptocurrency Exchange Services Launched by Chinese Mining Pool, ViaBTC

ViaBTC, popular Chinese mining pool has launched its cryptocurrency exchange well in advance, with the inclusions of high multilateral security protection, high-speed matching engines, reserves with rapid deposits and withdrawals…

2017-05-29 03:19

OneGram to redefine the digital “gold standard”, launches Sharia-Compliant cryptocurrency

OneGram, the world’s first Sharia-compliant cryptocurrency, a firm based out of the Emirate has decided to redefine the digital “gold standard” whose value is backed by actual gold reserves. Hailed as a Bitcoin alternative for the Islamic world, the news came out with the starting of the holy month of Ramadan for Muslims. The OneGram is eyeing to raise a total worth of $500 million against its OneGram token (OGC) worth 12 million.…

2017-05-26 10:15

Japan’s Bitbank creates a Ripple!

Bitbank, the Japan-based crypto exchange is the only exchange in the country that allows dealings and deposits/withdrawals through XRP that added Litecoin a few weeks back, has now announced that Ripple (XRP) has been activated on their platform. Next on the list to be expected is ETH.…

2017-05-26 07:38

Bitcoins and other cryptocurrencies soon to be digital goods in Russia

The Russian government has been, for over a year considering the official stance on cryptocurrencies. It was at one point even considered criminalising it as any currency unapproved by Russia’s central bank (CBR) is forbidden by law.…

2017-05-25 07:24

Meet Enterprise Ethereum Alliance’s new member, The National Bank of Canada.

86 new members including Toyota, Deloitte, Samsung SDS, and the National Bank of Canada have come together to develop business applications on the Ethereum blockchain, announced the Enterprise Ethereum Alliance on Monday.…