Crypto News

VeChain Thor Blockchain Launches, Token Swap to Take Place Mid-July

July 1, 2018 0 0

VeChain has officially launched its main network and the first block has been mined successfully. VeChain Mainnet Launches VeChain Thor is a blockchain platform aimed at driving enterprise businesses to use blockchain solutions. The main network launch was preceded by deploying the first authority master node. VeChain utilizes a Proof-of-Authority consensus algorithm, in which approved validators mine […]

Coinbase Opens New Office in Portland, Bids GDAX Goodbye

July 1, 2018 0 0

Coinbase has announced that it is opening an office in Portland, Oregon. According to a blog post on the company’s website, a variety of cities in the United States had been explored before settling on Portland. The West Coast city was picked based on the fact that it already had a vibrant blockchain community. Coinbase ✔@coinbase […]

Envion ICO Scandal: Court Rules in Cryptocurrency Mining Firm Founders’ Favor

July 1, 2018 0 0

Now they claim to have that evidence. The case is complex – it centers around Envion AG, the company founded to produce cryptocurrency mining units, and also involves Apaton Capital AG, Apaton Finance GmBH, Boerseman GmBH, Quadrat Capital, Sycamore GmBH, Der Finanzinvestor, and BIG (Blockchain Intelligence Group). The public aspect of the case began with Envion CEO […]

Hong Kong VC Invests $160 Million in Overstock-Backed tZero ICO

June 30, 2018 0 0

A Hong Kong-based venture capital firm is placing a major bet that tZero, a security token exchange owned by e-commerce company Overstock, will prove to be a central hub in what blockchain visionaries have termed the “tokenization of everything.” GSR Capital, which also has offices in Beijing and Silicon Valley, has entered into an agreement […]

Bitcoin Doing Better Than Iran’s Currency, All Rial Holders Will Lose 57% of Their Value

June 30, 2018 0 0

The national currency of Iran, the rial, is expected to lose at least 57 percent of its value by the end of 2018 amidst a correction worse than that of bitcoin, and the holders of the Iranian rial are said to lose more than half of their savings stored in fiat. Hyperinflation at 132 Percent […]

Zcash Governance Panel Votes Against Prioritizing ASIC Resistance

June 30, 2018 0 0

In a vote led by the Zcash Foundation, the Zcash community voted against prioritizing ASIC resistance in the protocol. The governance panel consisted of 64 elected individuals from the Zcash community. In May, Chinese hardware manufacturer Bitmain released the first ASIC miner for Zcash. Several people have expressed concerns over this stating that ASICs would lead to centralization of […]

Indian Bank Kotak Mahindra Taps Ripple for Instant International Remittance

June 28, 2018 0 0

Kotak Mahindra, a major private bank in India, the latest financial institution to join RippleNet, Ripple’s enterprise blockchain network to enable inward remittances. In an announcement [PDF], Kotak Mahindra Bank revealed it use San Francisco-based Ripple’s blockchain technology to power inward international remittances in India, the world’s largest remittance receiver. Specifically, Kotak will use Ripple’s […]

Pornhub Will Now Take Your Tron (TRX) and ZenCash (ZEN)

June 28, 2018 0 1

That the porn sector is an early adopter of new technology is cliché. Still, this has been proven once more with adult entertainment firm, Pornhub, announcing that it has begun accepting Tron (TRX) and ZenCash (ZEN) as a means of payment. With TRX and ZEN coins, consumers of adult entertainment will now be in a position […]

Bitcoin Price Depends More on ‘Silent Majority’ Than Twitter ‘Thought Leaders’: Research

June 28, 2018 0 0

The louder they are, the less influence they have. This seems to be the conclusion drawn by Feng Mai, a researcher at the New Jersey-based Stevens Institute of Technology, after conducting a study investigating the influence of social media on the bitcoin price. According to Mai the comments and tweets of social media users considered highly active were found […]

US Justice Department Seizes $20m+ in Bitcoin in Nationwide Drug Bust

June 27, 2018 0 0

The Department of Justice (DOJ) in conjunction with a host of other government agencies have uncovered vendors of illicit goods on the Darknet to seize weapons and over $20 million in bitcoin from them. The operation which was spearheaded by the Department of Justice had Special Agents of Homeland Security Investigations (HSI) pose as money […]

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