News

The central Bank of Thailand (BoT) revealed on Wednesday plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the first such development in the South East Asian region. Thailand’s Hopes for Economic Boost As per details of a press release, BoT referred to the protocol as a “wholesale” Central Bank Digital […]

After a referendum was launched to demote Dash CEO Ryan Taylor due to missed deadlines, one disgruntled Dash community member put the privacy coin’s decentralized governance model to the test. Submitted Aug. 6 by user SavingPrivateDash, the proposal suggests that Taylor should be bumped down to an advisory role and that human resources should appoint […]

The U.S. Federal Trade Commission (FTC) is blowing the whistle on of a new Bitcoin blackmail scam—one purportedly targeting men with a disposition for extramarital “activity.” According to the government’s consumer protection watchdog, allegedly unfaithful men are being sent letters by scammers demanding a “confidentiality fee,” payable in Bitcoin, in return for silence. The letters also […]

With increasing regulatory scrutiny, cryptocurrency exchanges are preparing for the proliferation of security tokens, and fintech startup Securrency is ahead of the curve in issuing them. John Hensel, COO and co-founder, shared his perspective on the shifting cryptocurrency landscape and the company’s progress. Founded in 2015, Securrency is a fintech company that combines legal financial […]

After trading sideways for a week, Bitcoin volatility came back roaring with a 6 percent move, adding $5 billion to the total market cap in about 20 minutes. In the world of crypto, 5-6 percent moves in minutes are the norm, although it’s not often that one can point to a specific catalyst for pumps. […]

With growing adoption, cryptocurrency debit cards are becoming more prevalent worldwide. Launched Aug. 22,  Revolut released a new metal debit card that gives customers cashback in cryptocurrency. Earn Bitcoin After Each Transaction Yesterday, fintech startup Revolut revealed its new Revolut Metal debit card for premium customers–giving access to additional perks and features including cashback in cryptocurrency. Based in […]

Two prominent, China-based cryptocurrency businesses are undergoing contrasting fortunes; while Bitmain is facing flak for several inconsistencies in its investor deck and competition from mining rivals, the Bitcoin Mercantile Exchange (BitMEX) just moved into the world’s most expensive office. Bitmain’s Falling Fortunes Bitmain’s rise to the top has been nothing short of spectacular as well […]

With more Bitcoin ETF decisions on the horizon, cryptocurrency traders are adopting new methods to forecast upcoming rallies–including trader Jacob Canfield, who has developed a Bitcoin indicator that uses CNBC tweets to predict prices. CNBC Tweets Contradictory to Price Action Canfield’s Bitcoin indicator displays a Bitcoin price chart labeled with bullish and bearish CNBC tweets, […]

The cryptocurrency market is rebounding following a bearish month, and while many coins haven’t seen any significant gains this week, a select few have. Below, CryptoSlate takes a closer look at why VeChain (VET) and Ontology (ONT) have both gained over 50 percent this week. VeChain (VET) VeChain, the 19th largest cryptocurrency by total market cap, has […]

WeChat, the Chinese messenger app owned by Tencent, has banned several blockchain and cryptocurrency media accounts. Jinse, which is supported by Node Capital, and Deepchain, a website backed by multiple token funds, were both affected by the ban, according to China-based finance news outlet Lanjiner. On Jinse’s official WeChat account, a post disclosing that the account […]