News

Despite a blanket ban on cryptocurrencies and related businesses, China’s central bank is employing cryptographers and blockchain engineers to launch a state-issued digital currency presumably, reported South China Morning Post on Oct. 12. BitYuan Soon? As per vacancies observed in the People’s Bank of China’s annual hiring list of 2019 for its Digital Currency Research […]

Litecoin, one of the first and most well-known altcoins, is celebrating turning seven years old on Oct. 13. Litecoin, a peer-to-peer cryptocurrency released under MIT’s MIT/X11 license, was an early fork of the Bitcoin Core client. Happy 7th Birthday Litecoin! ? ? Help us celebrate today by introducing someone to the power of LTC. And […]

In a systematic ICO scam attempt, individuals claiming to be Walmart press officials have contacted a number of media outlets, including CryptoSlate, announcing the sale of tokens for the retail giant’s supposed Ethereum-based payments network at WalmartLeaf.com. The dubious campaign comes on the heels of Walmart, the largest corporation in the world with an annual […]

Elevated Returns, a hospitality-focused asset management company, recently announced the closing of the Aspen Digital real estate token sale, which raised $18 million via Indiegogo. The St. Regis Aspen Resort is an internationally renowned destination, known for luxury arrangements with high-quality amenities and outlets. The resort features many conference and banquet venues with spectacular views of […]

Nouriel Roubini, a professor at Stern School and a widely recognized economist, has condemned the crypto and Bitcoin industry, falsely characterized Ethereum as a scam, and described builders in the blockchain space as “greedy kids” looking to print money out of nowhere. If investors listened to the advice of Roubini in 2013, they would have […]

Gary Cohn, a former chief economic aide to President Trump and president of Goldman Sachs, will join the blockchain startup Spring Labs as an advisor, Bloomberg reports. More: Gary Cohn is joining blockchain startup Spring Labs as an adviser https://t.co/pkatTjrJ3O — Bloomberg (@business) October 12, 2018 Joining the Board Spring Labs plans to utilize the […]

Indian cryptocurrency exchange Unocoin is launching the country’s first digital assets ATM, even as other nations grapple with stringent regulations and a ban on banks providing services to exchanges. India’s First Crypto ATM As reported by Inc42, Unocoin CEO Sathvik Vishwanath confirmed the deal after an image of a company-branded ATM circulated the Twitter-verse. The Bengaluru-based […]

Gemini VP of Engineering Erin Winer announced today via the company blog that Gemini will now support Litecoin (LTC). Trading Starts Next Week, Deposits Available Now On Oct. 13 at 9:30 a.m. EST, users of the Gemini exchange will be able to deposit LTC into their accounts, and trading will begin the following Tuesday, October […]

U.S. Commodity Futures Trading Commission chair J. Christopher Giancarlo stated he believed the recent uptick in institutional investors could help cryptocurrencies “mature” in an interview with Fox Business on Friday morning. Ivy League Investments Recently, major institutions have become involved in the cryptocurrency and blockchain space, despite unease caused by the market’s volatility. One of […]

South Korean crypto exchange Bithumb sold 38 percent of its stake to a Singapore-based plastic surgeon for $350 million on Oct. 11, as reported by Reuters. Bithumb’s $350 Million Deal Founded in 2013, Bithumb averages over a billion dollars in daily trade volume and lists 52 cryptocurrencies. Its significant liquidity is a result of Korean […]