Crypto News
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Bitcoin Cash: Where the 4th-Largest Cryptocurrency Stands the Day after the Fork
Yesterday, the Bitcoin Cash network activated its second scheduled semi-annual hard fork since the cryptocurrency split away from the original Bitcoin blockchain. Unlike the previous protocol upgrade, however, this fork was contentious, with development teams launching two competing, incompatible BCH implementations. Background: Another Fork in the Bitcoin Cash Road The group adhering to the “official” […]
Movers of the Day
Tokens and coins that moved the most in the last 24 hours: Top movers of the day are 0chain and ARBITRAGE. Since morning 0chain has surged by 31.17% while ARBITRAGE has fallen by 2.68%. Today, the biggest move made the large-cap tokens. 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) which measures their performance ended […]
Introducing Your Startup To The Crypto World
What the Crypto!? If you own a startup, you probably already know that getting funding is not an easy task. Even though your business plan is perfectly crafted and executed and there is a demand for your services, you might be still struggling to take your business to the next level. The reason is obvious – the market […]
Central Bank of Azerbaijan Rules Out Issuing Cryptocurrency
The Central Bank of Azerbaijan (CBA) has indicated that it does not intend to issue a state-backed cryptocurrency, also known as a central bank digital currency (CBDC). Speaking to reporters in Baku on November 15, CBA first Chairman Alim Guliyev stated that the Bank treats cryptocurrencies conservatively, based on a belief that the use of digital […]
Crypto Exchange Huobi Dismisses 6 of Its 10 Employees in Brazil: Report
Major cryptocurrency exchange Huobi has recently dismissed 60% of its workforce in Brazil, a country it entered a few months ago. While the motive behind the move is currently unclear, competition in the country could be the culprit. According to local news outlet Portal do Bitcoin, Huobi Brazil’s CEO Frank Tao confirmed over the phone that […]
Has Crypto Exchange KuCoin Proven its Legitimacy by Raising $20 Million?
Singapore-based KuCoin, a major crypto exchange with an active and loyal user base, has secured $20 million in a funding round led by $20 billion venture capital firm IDG. Michael Gan, the CEO of KuCoin, wrote, “Today, we are thrilled to announce that we have closed our Series A Round of Funding, raising $20 million (USD) […]
Movers of the Day
Tokens and coins that moved the most in the last 24 hours: Top movers of the day are Patron and Nasdacoin. Although it is the worst of all today, Nasdacoin has recovered by 17.33% since 6 pm. Today, the stable performance had Factom. Generally, the tokens and coins ended the day deep into red, including Bitcoin […]
Movers of the Day
Tokens and coins that moved the most in the last 24 hours: Top movers of the day are ProximaX and Dero which has surged 16.49% since 1 pm. Generally, 25 percent tokens and coins were green in the last 24 hours. Digital Assets have rebounded since 1 pm, so 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance […]
Guilty Conscience? $30M Crypto Exit Scam in South Korea Refunds Victims
Earlier this week, a crypto exit scam in South Korea called “Pure Bit” disappeared with more than $30 million in user funds. On November 4, the group conducted an initial coin offering (ICO) to raise nearly $30 million using Ethereum (ETH) to build a cryptocurrency exchange. On November 13, as CCN reported, Pure Bit and its operators shut down all of their […]
Ethereum GPU Mining Profitability Has Declined Dramatically: New Research
New data released by global trading and technology firm Susquehanna has revealed that the profit per month earned for mining Ethereum using a GPU mining rig has fallen as far as zero in November, down from about $150 in summer 2017. The data indicates that in addition to the dominance of more efficient ASIC miners which dominate […]
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