Category: News

Ethereum Launches Most Complex App Yet—and Simultaneously Enters Phase 2 of Ethereum Developments

One of the most prominent names in blockchain technology is Ethereum—which is no surprise since they are making advancements at a much rapider rate than some of their competitors. Recently, these advancements were addressed by Joseph Lubin, the co-founder of Ethereum, at the 2018 RISE conference. Hosted in Hong Kong this year, RISE is known […]

Canada’s Coinsquare Exchange To Enter The Japanese Crypto Market

Coinsquare, a Canadian Crypto exchange has said that it is about to enter the Japanese market and is waiting for approval by the financial regulator in the country. The exchange will use the Dlta21x brand to enter the market. Although the exchange will first concentrate on the Japanese market, plans are underway to expand to […]

A BCH Backed Version Of Patreon To Be Launched Soon

  • By Samantha Mitchell
  • July 12, 2018
  • 160 Views
  • 1 Comment
A few days ago, a team of programmers came together and announced the launch of a ‘Bitreon.cash,’ a system that resembles a popularly known membership app called Patreon. This platform, however, will be different in that it will support Bitcoin Cash (BCH) payment and block censorship. Although the developers are targeting to raise 100 BCH, […]

Report Indicates Blockchain in Telecommunications Industry Will Flourish to a $1 Billion Sector by the Year 2023

According to MarketWatch in a report released on July 11, Blockchain will cause gains of $1 billion in the telecoms industry. The research-based report forecasts that this will happen over the next five years, by 2023. This news comes after a 132-page report was released by Research and Markets, a global market research store, who […]

South Korean Government Blamed For Not Doing Enough To Control Crypto Exchange Hacks

The South Korean government is not doing enough to fight Cryptocurrency exchange hacks in the country according to some critics. Three exchanges that had already gone through the government’s inspection have so far lost almost $1 billion to hackers. Meanwhile, Upbit, one of the largest exchanges in the country has dismissed rumors that its system […]

Unlicensed Localbitcoins Trader To Spend 12 Months In Prison

A Southern California court has sentenced a Localbitcoin trader for unlicensed money transfer and money laundering. The U.S. Department of Justice has established that the trader exchanged between $6 million and $9.5 million for various clients in the country. The trader has been identified as Bitcoin Maven and she will spend one year in prison. […]

‘Bitcoin Maven’ Trader on LocalBitcoins Sentenced to Prison for Exchanging Cash for Cryptocurrency

The justice department is making an example of what happens to investors that use unethical trading in the bitcoin market. Theresa Tetley operated under the screenname ‘Bitcoin Maven’. Based in Los Angeles, she worked tirelessly on the LocalBitcoins site to make trades of cash for cryptocurrency. However, she ended up earning more than money with […]

Blockchain Hack: Theft from Bancor Hacking Confirmed as $23.5 million

Bancor, a Tel Aviv-Israel based Blockchain startup firm has lost $23.5 million according to the latest reports. The information from the management reveals that the hackers inputted a malicious code in one of the wallets and were able to withdraw 229,356,645 PundiX (NPXS) tokens worth $1 million, 3,200,000 Bancor (BNT) tokens worth $10 million and […]

Japan’s GMO Internet Uses 7nm Rigs to Enhance Its Own Bitcoin Mining

Japan’s Internet giant GMO ventured in bitcoin mining in December last year and has released its mining report. During the mining exercise, the company used the 7nm rigs. GMO’s spokesperson spoke to news.bitcoin.com and provided more details about the project. GMO mins both BTC and BCH GMO has released a report about its mining activity, […]

Ripple Makes Waves with its Revolutionary Cryptocurrency Marketing Strategy

Most of the time, you look at a cryptocurrency business and see the same cryptocurrency marketing strategy that other entities use—people invest like they would in stock, earning shares of the company and other benefits. Other times, people buy coins to pay for the services that the site offered. Ripple (XRP), which is based in […]
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