U.S. Congress Struck a Positive Tone on Cryptocurrency in Latest Hearing A congressional hearing before the U.S. House Committee on Agriculture today struck a positive tone towards
Stablecoin, a new stabilized cryptocurrency project that functions like normal money, has received new support and investments from Peter Thiel, Coinbase, Distributed Global, and 40 others according to the press release on June 20.
The development stage of the coin is dubbed “Reserve” and closed a collective of $5 million to develop a fully decentralized cryptocurrency which works by securing other crypto assets in a smart contract. Cryptocurrencies will then provide backing via the reserve token in order to stabilize its price.
According to the cofounder of the Reserve, Nevin Freeman, the initial funding was intentionally kept small as the focus was more on partnership building rather than amassing capital.
Reserve token offers a solution to countries that have value decreasing fiat currencies and high inflation rates jeopardize citizens savings and security.
While cryptocurrency is currently decentralized and protects its citizens from government control, the price volatility of most crypto limits it from serving most retail uses.
|“Simply put, nobody wants to spend money on it token that may be worth less one month and then another value another month. Nobody wants to store their savings on a token that will be worth nothing in a year.”|
In related news, Circle is focused on creating a fiat stabilized coin which recently closed $110 million in fund raising. The company also partnered with the mining hardware manufacturer Bitmain with regard to the development of the stablecoin.
Tether, the most popular and infamous of all stablecoins, confirmed today that there Tether tokens (USDT) are proven to be back by the USD according to a major US law firm.
Cryptocurrency has always been an extremely volatile marketplace to trade in. Price swings of 10 to 50% within a 24 hour period can occur a few times a week and almost daily for lower volume coins.
Although these fluctuations may be great for both traders and investors (depending if your long or short), the volatility makes it very difficult to use in the real world. It not only hinders its adoption, but its fundamental ability to be utilized as a reliable currency.
Volatility plays a very important role in mass adoption as consumers want to be able to make transactions without having to worry about the value fluctuating overnight. Who wants to worry about getting paid for a product or service to only have that currency lose its value by over 30% next week?
From a business standpoint, merchants don’t want to accept transactions in a currency that includes a ton of risk. A great example of this would be employee payments. No one wants to work for a wage where you perform the same task every week but your paycheck is constantly fluctuating?
You’ll be happy to know that there is one emerging class of cryptocurrencies that are designed to tackle this exact issue. These are known as stablecoins.
Stablecoins are a type of cryptocurrency that presents itself as a price stable asset in an ever-fluctuating marketplace. It offers a medium of exchange, store of value, and unit of account.
Stable coins are universal and are not tied down to a central monetary authority. Its supply cannot be controlled and dictated under future influence.
There are different versions of the stablecoin however there are only 2 popular versions that are utilized the most. They are the IOU issuance model and cryptocurrency-collateralized model.
Let’s take a closer look at these two stablecoin models.
With this model, stablecoin holds a 1-to-1 ratio to an asset that resides within a bank account. As an example, a corporation could hold a physical asset like gold or silver in their bank, which could be tied to a particular stablecoin.
Each stablecoin, under this model, derives its stability from the fact that its value can be exchanged for a physical asset. A countries fiat currency or a particular metal like gold are generally the type of physical items that are tied to these types of coins.
One of the most popular stablecoins in existence today is Tether (USDT). The actual value of Tether is tied to the equivalent of one US dollar. To ensure the value of the Tether coin, it must be backed against a corresponding US dollar inside Tethers bank account.
This brings us to one limitation within the issuance model. It’s centralized, which means individuals must trust that the entity that holds the physical asset being represented by the stablecoin is held within the company’s account. As you can imagine, this requires a lot trust by owners of the coin.
With this model, stablecoins are not backed by centralized assets; they are backed by digital assets, for example Bitcoin. The main advantage to this asset is that it doesn’t require blind trust from participants in order for it to work.
For example: the asset that backs the stablecoin can be held in a smart contract. This way the amount of assets held are transparent and independently verified within the smart contract.
The problem with this model is that it’s tied to a cryptocurrency which is volatile in nature and runs contrary to stablecoins entire purpose. As a result the method may involve “over collateralization” so that price fluctuations can be absorbed
As an example of this, a smart contract can be created in order to hold $400 worth of Bitcoin. This would serve as collateral for say $200 worth of stablecoins. Now if an unexpected event were to occur (massive swing in price- “Black Swan event”) this would negatively impact the stablecoins value. This will result in the destabilization of the issued coin.
All major cryptocurrency enthusiasts are looking towards a catalyst that will result in mass adoption. There are a ton of factors that can contribute to such an event. We can all agree that overcoming market volatility is imperative to facilitating mass adoption.
Perfecting the stablecoin in order to bring about mass adoption can be a difficult task, however there is still a number of promising stablecoin projects that aim to overthrow these issues and bring about a non-volatile cryptocurrency within the crypto ecosystem.
Most crypto traders utilize the Tether coin, however there is a blockchain project that goes by the name of Basis, that claims to provide a stable cryptocurrency that is backed by a large number of US venture capital companies. This will likely be the closest competitor to Tether in the near future.
[UPDATE: There is a new stable coin on the market by the name of “Reserve” that has been gaining a lot of support from many major investors. You can read more about the coin along with other stablecoin releases here.]
The cryptocurrency industries largest crypto mining company, Bitmain, just opened their new office in Silicon Valley ahead of its planned Initial Public Offering (IPO) later in the year.
According to the Silicon Valley Business Journal, the China based cryptocurrency mining hardware manufacturer moved into a 20,000 square foot office space in downtown San Jose California. The company filled the last vacancy of the city’s Riverpark Towers office building, which is known to be the hub of tech startups like Cohesity, Okta, and WeWork.
The expansion of Bitmain’s company is not surprising after the firm was recently valued at over $12 billion following the end of last month’s $400 million funding round. This makes it the most valuable cryptocurrency company in the world as well as the most valuable privately held tech startup.
Cryptocurrency companies have centered themselves around the same geographic locations as other tech industries. This recent move will better position Bitmain to expand and manage its digital empire. The company has been targeting expansion into the United States and Canada due to the industry’s uncertain future in China. The company has currently opened mining centers in both Washington state and Québec , Canada.
Bitmain has started investing in other tech startups, so it’s moved to Silicon Valley would naturally benefit its investment capital arm of the company.
The crypto mining company recently led a $110 million funding round for well renowned cryptocurrency trading desk, exchange, and investing app Circle. Bitmain has also announced that they plan on creating a USD pegged stablecoin in the near future.
Recently, Bitmain invested $50 million in the Opera web browser, which allowed it a controlling stake in the company. Shortly after the investment, the company announced that it would integrate an Ethereum wallet into their web browser.
Just this week, Bitmain also funded a round for the launch startup Block.one (creator of EOS cryptocurrency), alongside PayPal cofounder Peter Theil. The investment capital size was not announced publicly.
Tether, the US based stablecoin, has issued 250 million tokens today according to data from Omni Explorer on June 25.
The stablecoin had also released 300 million tokens back in March. This inevitably led to a small price increase within the Bitcoin market. The release was met a backlash from critics on twitter due to Tether’s lack of an official audit.
However, Tether made recent headlines as they released a statement from a law firm back on June 1 claiming that Tether had the appropriate amount of US dollars which backed up Tether tokens. This was not an official audit, however claims from the law firm state that audits from several large accounting firms were denied.
At the time of this release, Bitcoin is up 6% over the last 24 hours. Charlie Lee, the founder of Litecoin tweeted today that the release of tokens does not necessarily preclude an immediate price jump. However, past token releases have undeniably increasef Bitcoin’s value on many other occurrences.
OKEx, the crypto trading giant has become the latest cryptocurrency exchange to launch its own index fund. The opening is on Tuesday, June 5, where the new index fund “OK06ETT” will allow investors to invest in up to 6 cryptocurrencies which they can trade on the exchange against other crypto assets.
During the launch, OK06ETT investors will be allowed to trade Bitcoin (BTC), Ethereum (ETH), EOS, Bitcoin Cash (BCH) and OKB which is a token created directly from the OKEx exchange.
Each of the funds will trade against Tether (USDT) , which is the dollar pegged stablecoin (more on stablecoins here). This exchange will be open to retail investors with a minimum investment that to approximately $100.
The release of the cryptocurrency index fund comes days after its other Asian based exchange Huobi announced that they would be releasing the world’s first cryptocurrency ETF. Huobi also recently acquired the former OKEx CEO Chris Lee several days after his resignation.
In related news, the recently launched cryptocurrency index fund by Coinbase restricted investors with a larger minimum investment requirement at $250,000. The growth of the “index fund” niche indicates a shift within the crypto investing landscape. This allows more betting wages within the crypto ecosystem and less speculative investing into individual crypto assets.
This brings the total supply of Tether tokens now to 2.5 billion. With a current monopoly on stablecoins some critics find it hard to believe that all these tokens are actually backed by US dollars.
Critics have also stated that the correlation of Tether coin generated recently has increased the price of mainstream cryptocurrencies like Ethereum and Bitcoin. Bitcoin’s price increased by over $150 within the first hour of issuing the Tether tokens.
Tether may soon not be the only stable coin contender within the crypto sphere. New contenders like Circle (backed by Goldman Sachs), TrueUSD, and Basis have started developing their own brand of stablecoins.
If you’ve been an advocate for cryptocurrency for some time now, you’ll know that 2017 was nothing short of a fantasy ride for those who are lucky enough to invest. The market, spearheaded by sharp rise of bitcoin, all gained quick momentum in growth, which provided a sturdy base for investments.
Ever since the boon, cryptocurrencies have been in the limelight as well as attracted global interest from thousands of investors. Similar to trading shares within the traditional stock market, investing and trading in cryptocurrencies is facilitated through online cryptocurrency exchanges.
Top Cryptocurrency Trading Exchanges for 2018
The cryptocurrency exchanges provided below are a platform and hence a marketplace for investing in and trading crypto coins, similar to traditional exchanges like NASDAQ, NYSE and the like. They ensure that a fair and orderly opportunity is available to all investors.
Cryptocurrency exchanges are now comprised of websites where anyone can buy, sell or trade just as long as you have money to throw at it. At the time of this review, cryptocurrency exchanges are unregulated by government agencies. We’re currently in the Wild West of cryptocurrency and their corresponding exchanges.
With the crypto space expanding every day there are more and more altcoins being added to these exchanges. The opportunities to capitalize on this massive revolution in financial technology are massive.
Cryptocurrency exchanges earn their share of profit by charging a nominal fee on each transaction made through the exchange. The fee charged, therefore, depends on the volume of the transaction completed and is different for each exchange. Most do not charge more than .0025%, which is a quarter of a percent to buy or sell a coin. This is a very nominal fee when compared to typical stock exchanges.
There has been a tremendous increase in the number of crypto exchanges all across the globe with many rapidly evolving since the time of inception. Given how transactions are continuing to increase rapidly, it is likely that the number of exchanges will increase at an alarming rate.
With a number of options available , choosing which exchange to use as now become very important. You must understand and recognize the characteristics of a good exchanges. A few of them are listed below.
Of the many available options to choose from, here is a list of a few of the most noteworthy exchanges for 2018 on the basis of their rapport with investors, security, fees, accessibility and beginner friendly features provided to the new traders.
Spanning across most of North America and Europe, active in more than 32 countries at the moment, Coinbase is the most widely used and densely connected network for coin exchange. It is used by millions of people through these countries and therefore backed and trusted by many of these investors. However, the exchange is not functional for Asian countries except for Singapore, which makes it tough cookie for Asian investors.
The exchange provides an extremely user-friendly interface, and therefore is the first choice of most novice investors. The platform allows users to securely buy, sell, and store cryptocurrency through their online digital wallet. The platform has extended flexibility for accessing the wallet. Users can download an app for Coinbase, for both Android and iPhones.
Pros: Enjoys a good reputation among users, hassle-free interface, good security, easy accessibility, nominal fees, recovery of your funds through insurance if the site ever gets hacked.
Cons: Narrow geographical coverage, few coins supported (only Bitcoin, Litecoin, Ethereum, and Bitcoin Cash, and Ethereum Classic as of this post), GDAX is available for more technical traders.
The company has announced that it will expand their selection of crypto and add more to their platform in the foreseeable future.
Another very popular choice for most cryptocurrency enthusiasts is Binance which means ‘Binary Finance’. It is both a cryptocurrency (BNB coin) as well as an exchange, which has a very low transaction fee of 0.1%.
At the time of this review, it is the number one most highly traded cryptocurrency exchange by trading volume. It has held this position for quite some time. Binance is a centralized exchange. Their headquarters is based out of China. They are a rapidly improving exchange and plan to become a decentralized exchange in the near future. It may therefore be immune to a ban on cryptocurrencies from the Chinese government.
[UPDATE] Binance just opened a new office and bank account in Malta. Click here for the latest Binance news.
Pros: Low transaction fee, a wide range of crypto coins available.
Cons: Runs a bit slow during peak hours, earlier this year, as reported by other users. This has since been improved but you may experience the occasional slow page load while trading from time to time.
A US based cryptocurrency platform, Bittrex provides trading for over 300 cryptocurrencies at the time of this guide. They offer one of the largest selections of digital tokens available to any cryptocurrency exchange to date. They are also the only cryptocurrency exchange (at time of this release) that offers a more expansive selection of fiat to cryptocurrency pairs. They currently support Tether, TrueUSD, and USD to crypto pairs.
Since trading on the platform complies with US regulations, you won’t need to worry about your funds being hacked, as they are insured by the company. If you’re not familiar with stablecoins, click here. There are many advantages to using stablecoins as a base pair to trade cryptocurrency with or as a unit of storage to avoid price volatility.
The platform provided by exchange is very user-friendly. The company recently renovated their user interface to be more mobile friendly and responsive to various smartphones and tablet devices.
To begin trading with Bittrex, you need to register and login using an email ID. To withdrawal funds, a KYC needs to be completed by submitting details of a valid ID and phone number, which is typical for all exchanges.
Users also need to activate a two factor authentication for setting up an account in order to trade higher limits. However, the account verification is pretty quick and the support team will get you up and running more quickly than most other exchanges.
Pros: number of accessible bitcoins/altcoins, user-friendly, clean interface, high performance, reliable, high security. One of the most reliable and best exchanges out there.
Cons: High trading fees if you’re really reaching for a con, however their fees are standard in reference to most cryptocurrency exchanges.
Founded in 2014, Poloniex is another leading cryptocurrency exchange and is the second oldest next to Bittrex. The exchange continues to build a rapport among its potential investors and remains popular among its customers for providing a secure platform with a wide selection of altcoins.
[UPDATE] Poloniex has recently been acquired by the payment processor Circle for around $400 million.
One advantage to this exchange is that they provide the ability to margin trade, though only a limited number of coins are available for this type of trading. This is a welcome feature which is not present within many other exchanges.
The trade fees are moderate and dependent on the status of the investor. Trading on Poloniex involves a volume-tier, maker-taker setup for fee structure. For makers, the fee ranges from 0-0.15% and for takers it ranges from 0-0.25% depending on the quantity of the transaction. Again this is 1/4 of a percent, not to be confused with a 25% fee. Full fee structure can be viewed here.
Another feature of this exchange is the availability of a chat box which provides solutions to all user queries. Anyone on the exchange can post complaints or issues they are facing, as well as trading advice.
Pros: Fast platform, low trading fees dependent upon how you trade, open API, margin trading.
Cons: Horrible customer support, lag during large trading volume, withdrawal issues.
Founded in 2011, Kraken is a cryptocurrency exchange based out of San Francisco. It’s the largest exchange in terms of euro volume and is a partner of one of the first cryptocurrency banks. With moderate altcoin support, Kraken also supports fiat currencies and is the largest internationally accessible crypto exchange which makes it a top choice for many international users. For more experienced users, Kraken also offers margin trading for more experienced traders.
Pros: many reports of smooth experiences for users, very secure, good customer support, low trading fees, a large number of altcoin trading pairs.
Cons: Limited payment methods, many reports on the lack of customer service.
A newly developed exchange, KuCoin is a Hong-Kong based company supporting a wide range of crypto coins. Since the exchange operates on a crypto-to-crypto basis, it does not support fiat currencies. However, the prospect of trading digital assets of KuCoin are very exciting. Users can buy and sell the shares of the parent company called KCS (KuCoin Shares) and operate in a similar fashion as Binance (BNB coin). Using the exchanges proprietary coin is a great way to save on fees!
Currently, KuCoin supports approximately 57 coins, a number that is expected to grow in the near future as their customer base expands. The fee charged for each transaction is very low and is approximately 0.1% (1/10 of a percent) for some coins. Other coins have an incredibly low the like BTC at just 0.0005, LTC at just 0.001, and ETH at just 0.01.Withdrawal fees vary from coin to coin.
Pros: User-friendly interface, low fee, a wide variety of altcoins available.
Cons: Less trust and rapport among customers because the exchange is still fairly new. Only serves
Known for providing a ton of lower market altcoins which are usually not listed with most of the other exchanges. Cryptopia is another popular exchange for those looking at more high risk to high reward trading. Cryptopia stands out compared to other cryptocurrency exchanges due to the fact that they are a peer-to-peer network. This means that trades are done directly with other users.
The exchange also features a marketplace where users can buy, sell, and trade products using cryptocurrency as payment. The marketplace is similar to a classified ads website.
Pros: An exceptionally large repository of altcoins, low fee, decent customer support, and a ton of high risk/high reward coins to trade with (low market altcoins).
Cons: Low volume, confusing and clunky interface.
The exchange provides a wide range of services and features. This London based cryptocurrency exchange supports fiat currencies and allows trading across almost all countries of the world. It facilitates instant buying and selling of cryptocurrency through a simple bundled interface.
For professional trading, the exchange offers highly intuitive dashboards and margin trading for bitcoin and as well as various altcoins.
Pros: User-friendly, low fee structure, secure, global presence and wide acceptance (confidence in the exchange is high), good customer rapport, excellent customer service, offers margin trading.
Cons: Depositing funds can be expensive.
Other than the cryptocurrency exchanges listed here, there is an ongoing list of newer exchanges which are being open every day to provide unparalleled trading experiences to investors.
However, the exchanges listed within this article, are at the very top of the heap and should undoubtedly be a great starting point for your cryptocurrency trading needs. For seasoned traders, I recommend trying out some of the newer exchanges as they offer a lower fee structure as well as newer features that other more older exchanges may not offer.
Good luck and happy trading!
Subscribe & Follow Us on
U.S. Congress Struck a Positive Tone on Cryptocurrency in Latest Hearing A congressional hearing before the U.S. House Committee on Agriculture today struck a positive tone towards
Wells Fargo Files Patent for Tokenization System to Protect Data San-Francisco-based bank Wells Fargo has outlined a patent for a tokenization system that would protect data, according
Bank of America Files Blockchain Patent for Data Validation Bank of America (BoA) has filed a patent for a blockchain-based system allowing the external validation
Decentralised Capital Launches Australia’s First Cryptocurrency Vault Blockchain and investment company Decentralised Capital has announced the launch of Australia’s first ever cold storage vault for
Bitmain Opens 20,000 Square Foot Office in Silicon Valley The cryptocurrency industries largest crypto mining company, Bitmain, just opened their new office in Silicon Valley
Boeing to Use Blockchain Tech to Track Unmanned Air Vehicles for Future Flight Industry Boeing, the the world’s biggest aviation company, recently announced their intention
BitPay Becomes the First Crypto Payment Processor to Obtain a BitLicense BitPay, the cryptocurrency payment processor, has become the 8th firm to receive a BitLicense
The World’s Largest Asset Manager, BlackRock, Seeks Potential Interest in Bitcoin Futures BlackRock, the world’s largest asset manager announced the formation of a working group
Swiss Stock Exchange (SIX Group) Open to Trading Cryptocurrency On Their Upcoming Platform Switzerland’s principal stock exchange, SIX Group, announced that they’re open to the
Four of the Most Reliable Cryptocurrency Trading Patterns On the most fundamental level, traders use visualization as a crucial element to technical analysis. Patterns showcase
Coinbase Looking to Add 5 New Altcoins: Cardano, BAT, Zcash, 0x, and Stellar Coinbase announced today that will be exploring 5 new cryptocurrencies for its
New Study Shows 80% of ICOs Operated in 2017 Were Scams A recent study prepared by the Statis group ICO advisory firm identified that over
New York Approves New Power Rate Structure for Crypto Mining New York regulators just approved the new electricity rate for cryptocurrency miners that allow them
Binance Invests in Plans of First Decentralized, Tokenized Bank in Malta Binance, the world’s second largest cryptocurrency exchange platform, is planning to create a blockchain
Robin Hood Cryptocurrency Trading Platform Adds Litecoin and Bitcoin Cash Robin Hood, the financial services mobile app, just added support for Litecoin (LTC) and Bitcoin
South Korean Officials To Develop New Cryptocurrency Exchange & Blockchain Regulations The Korea Times reported today that South Korean regulators are finalizing drafts of bills
Sirin Labs Plans to Release First Blockchain Smartphone in November Swiss smartphone developer, Sirin Labs, plans to release a blockchain based smartphone in November of
Opera Becomes First Major Web Browser to Include Crypto Wallet Androids Opera web browser will be the first major browser to launch an internally built-in
World’s First ICCO: Palladium & Bittrex Team Up to Build New Crypto Exchange The Malta based blockchain company, Palladium, just announced that they will
Common Methods Used To Hack Cryptocurrency Exchanges Both amateur crypto traders and retail investors alike are starting to lose interest within this booming cryptocurrency industry
Sign Up Below!
Airdroppin the Latest Crypto News, Trading Strategies, Tools, & Reviews
Crypto Guides & Reviews
2018 Beginners Guide to Cryptocurrency Margin Trading So you’ve been hearing a lot of hype about the highly profitable world of crypto margin trading. You probably stumbled across this guide because you need some real
Ultimate Guide to Crypto Fibonacci Retracement Levels: Bitcoin & Altcoin Trading When you think of popular cryptocurrency trading tools, the Fibonacci retracement level tool is right there at the top of the list. Helping traders
Cryptocurrency Lingo Cheat Sheet: Crypto Terms You Need to Know Have you ever caught yourself scratching your head over not understanding what the hell other crypto nerds are talking about while scrolling through Reddit, cryptocurrency
The Unofficial Guide to Ether Online Reviewed Ether Online is the very first MMORPG based on blockchain technology. It’s also the most complex blockchain game
How Popular Crypto Exchanges Are Learning to Deal with Cyberattacks Blockchain has revolutionized the way we look at monetary transactions and banking, however the
Crypto Pump and Dump Groups – A Warning From the Dark Side Of Trading Pump and dump scandals are one of the oldest forms of
Leave a Comment
Latest Crypto News
U.S. Congress Struck a Positive Tone on Cryptocurrency in Latest Hearing A congressional hearing before the U.S. House Committee on Agriculture today struck a positive tone towards the impact that cryptocurrency and digital assets can have for
Wells Fargo Files Patent for Tokenization System to Protect Data San-Francisco-based bank Wells Fargo has outlined a patent for a tokenization system that would protect data, according to a filing published by the U.S. Patent and Trademark Office (USPTO)
Bank of America Files Blockchain Patent for Data Validation Bank of America (BoA) has filed a patent for a blockchain-based system allowing the external validation of data, according to a United States Patent and Trademark
Decentralised Capital Launches Australia’s First Cryptocurrency Vault Blockchain and investment company Decentralised Capital has announced the launch of Australia’s first ever cold storage vault for digital assets. The vault was created in partnership with Custodian
Bitmain Opens 20,000 Square Foot Office in Silicon Valley The cryptocurrency industries largest crypto mining company, Bitmain, just opened their new office in Silicon Valley ahead of its planned Initial Public Offering (IPO) later in
Boeing to Use Blockchain Tech to Track Unmanned Air Vehicles for Future Flight Industry Boeing, the the world’s biggest aviation company, recently announced their intention to tap into blockchain technology by utilizing it for their
BitPay Becomes the First Crypto Payment Processor to Obtain a BitLicense BitPay, the cryptocurrency payment processor, has become the 8th firm to receive a BitLicense from the New York Department of financial services (NYDFS), which
The World’s Largest Asset Manager, BlackRock, Seeks Potential Interest in Bitcoin Futures BlackRock, the world’s largest asset manager announced the formation of a working group to assess the potential involvement in Bitcoin. This reported by
Swiss Stock Exchange (SIX Group) Open to Trading Cryptocurrency On Their Upcoming Platform Switzerland’s principal stock exchange, SIX Group, announced that they’re open to the possibility of trading cryptocurrency on their digital trading platform. Although
Coinbase Looking to Add 5 New Altcoins: Cardano, BAT, Zcash, 0x, and Stellar Coinbase announced today that will be exploring 5 new cryptocurrencies for its trading’s products including Basic Attention Token (BAT), Cardano (ADA), Zcash
New Study Shows 80% of ICOs Operated in 2017 Were Scams A recent study prepared by the Statis group ICO advisory firm identified that over 80% of ICO’s in 2017 were scams. The study examined
New York Approves New Power Rate Structure for Crypto Mining New York regulators just approved the new electricity rate for cryptocurrency miners that allow them to negotiate contracts as reported by Bloomberg on July 12.
Binance Invests in Plans of First Decentralized, Tokenized Bank in Malta Binance, the world’s second largest cryptocurrency exchange platform, is planning to create a blockchain based bank with token ownership according to Bloomberg on July
Robin Hood Cryptocurrency Trading Platform Adds Litecoin and Bitcoin Cash Robin Hood, the financial services mobile app, just added support for Litecoin (LTC) and Bitcoin Cash (BCH) on their cryptocurrency platform according to their blog
South Korean Officials To Develop New Cryptocurrency Exchange & Blockchain Regulations The Korea Times reported today that South Korean regulators are finalizing drafts of bills intended to develop a set of rules on cryptocurrencies, blockchain
Sirin Labs Plans to Release First Blockchain Smartphone in November Swiss smartphone developer, Sirin Labs, plans to release a blockchain based smartphone in November of this year, as reported on July 11. Sirin Labs raised
Sign Up Below!
Airdroppin the Latest Crypto News, Trading Strategies, Tools, & Reviews
Crypto Guides & Tutorials