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Tether Being Supported by Ethereum Network Tether has removed the previously used Omni protocol and launched Ethereum network, bringing lower fees and faster confirmations to the system. In the cryptocurrency area Tethers are considered to be very controversial product. These tokens are…
Crypto Market Capitalisation Passes $800 Billion On Sunday the combined market capitalization of all cryptocurrencies hit $800 billion, just days after reaching the previous all-time high of $700 billion. Currently, the number is at over $825 billion and continues to grow. Now, after a two-day period…
Ripple Going Head-to-Head With Bitcoin: Next Crypto Craze is Coming The second most valuable currency after Bitcoin is recognized Ripple, with a market cap of $120 billion surpassing Ethereum by $26 billion. In earlier December it was trading at 25 cents. On…
Ripple Becomes The Second Most Valuable Cryptocurrency The second most valuable cryptocurrency behind bitcoin recently has become Ripple. The financial institutions that exist have links to Ripple. The digital asset having been set up to increase the transactions speed between banks. Among…
Venezuela’s National Cryptocurrency “Petro” Backed By Crude Oil The president Maduro showed a document proving that country’s national cryptocurrency being supported by Orinoco Petroleum Oil. Maduro said the field’s “reserves amount to 5 billion barrels of oil,” which is confirmed by the corresponding “international…
Japanese Bank To Protect Cryptocurrency From Hacking According to Japan-based company Nikkei’s post, Japanese Mitsubishi UFJ Trust and Banking wants to create a service to protect cryptocurrency users in case of hacking exchanges. The Bank is going to take records from cryptocurrency…
Crypto-Shekel: Israel Wants to Create Its Own Cryptocurrency Israel’s Finance Ministry official and Central Bank are considering launching a cryptocurrency. The government has been discussing whether to launch a cryptocurrency or not, which is based on the country’s national currency called shekel….
Russia Will Present a Bill to Regulate Cryptocurrencies Next Week Russia is going to introduce a new cryptocurrency laws to national legislature for official consideration on December 28. According to media sources RIA and TASS, Russia’s state financial markets committee lawmaker Anatoly…
Ripple Shows Activity in The Cryptocurrency Market Ripple tested a new high level of $1. It’s the third largest cryptocurrency, according to coinmarketcap, although you may not have heard about it. Ripple, symbol XRP had been trading sideways for months but turned…
Three More Cryptocurrencies Arrive on Bloomberg Terminal Bloomberg Terminal Bloomberg terminal service has a new program launch. According to Fortune report the altcoins ethereum, ripple, and litecoin will be added to the roster, designed for widely use by Forex traders. This incorporation…
Bitcoin Price Drops Down After Bitcoin Cash Launching on Coinbase Yesterday Coinbase announced about allowing trade of Bitcoin Cash – a rival to the more common Bitcoin, technically called a “fork” — on its exchange. This announcement caused price changes in both…
Cardano, The Rising Coin After launching Bitcoin futures by CME Group on Sonday, the virtual money rise up to $20,000 mark on some exchanges. According to CoinMarketCap, the Top 1 coin peaked at $20,089 on December 17. After that the market dropped…
DDoS Attack on Digital Currency Exchange Bitfinex Bitfinex, the world’s largest cryptocurrency exchange reported being attacked by distributed denial of service (DDoS). The attack resulted in the service being unavailable, disappointing traders as they try to make profits from the volatile price surges…
Cryptocurrency Testing in Saudi, UAE Central Banks A pilot inititive is being launched by the central banks of the United Arab Emirates and Saudi Arabia to test a new cryptocurrency for cross-border payments. Mubarak Rashid al-Mansouri, the UAE central bank’s governor, unveiled…
ICO Regulation to Unite Crypto Platforms A blockchain platform Waves wants to set up independent regulatory body to provide reporting, legal, tax & accounting, KYC (identity verification), and business standards for the blockchain industry and ICOs. Founding organization is based in Switzerland, which…
USA Could Issue Its Own Digital Currency Next Year The loss of Bitcoins with the cost of $70 million on Wednesday caused investors to think about the lack of security in virtual currencies. Despite this, the frenzy surrounding the cryptocurrency continued to…
Legal Challenges of Initial Coin Offerings Initial Coin Offerings (ICO) is a term intentionally mirroring Initial Public Offerings (IPO). There is an interest from regulators on the American, European and Asian continents around developing ICOs. So we find out, that it has…
Venezuela’s Own Digital Coin Cryptocurrencies are raising in value, and Venezuelan President Nicolas Maduro has intention to get involved in this market. The authoritarian leader on Sunday announced plans for a bitcoin-like virtual currency named the “petro.” He expects the new cryptocurrency…
Cryptocurrencies Can Be Issued By Central Banks Central bankers all over the world are taking a close interest in digital currencies. The reason is not financial stability: the technology behind cryptocurrencies has an extraordinary potential and is one which monetary authorities should…
Europe Leads ICO Investments A European venture capital firm called Atomico reported that half of the money that went into initial coin offerings (ICOs) in the past few years, has come from European investors. As Atomico reported, since the start of 2014…
