News

Crypto funds have been launching at a record pace, with more than 90 new crypto funds having launched this year alone. At this rate, there will be 165 new crypto funds launched this year, more than the record 156 launched in 2017. The total number of crypto funds is now approaching 500. The surge in […]

In advance of his plans to present an ICO-related bill to Congress this year, Republican representative Warren Davidson invited a select group of crypto heavyweights to Capitol Hill to discuss future legislation. Davidson, who represents Ohio’s 8th congressional district, gave the nod to 32 delegates of U.S. venture capital firms, cryptocurrency exchanges and non-profits—including Union […]

German-Finnish Internet entrepreneur Kim Dotcom recently reaffirmed his negative stance on the US dollar and stated that crypto will eventually compete with reserve currencies. Dotcom commented: “Many economists agree. The US economy and US dollar will collapse under the enormous US debt burden. The pyramid game is coming to an end. Crypto and precious metals […]

The tiny country Liechtenstein appears to be quickly cultivating status as one of blockchain’s hottest frontiers, with Union Bank AG announcing it will become the world’s first fully regulated bank to launch its own security token and fiat-backed stable coin. According to a press release filed August 17th, 2018, Union Bank will issue the tokens under […]

Blockchain-based point-of-sales systems provider Pundi X announced it would deploy over 1,000 payment systems in Colombia, a move that aims to interest in and adoption of cryptocurrency payments. Pundi X Going Strong As noted on an August 18th Medium post, Pundi X is partnering with local firm Manticora Capital to distribute its systems in the crypto-friendly […]

Divyesh Darji, the alleged Asian head of defunct cryptocurrency platform BitConnect, was arrested by Indian authorities at Delhi Airport on August 18. The arrest is set to provide a modicum of justice to those affected by what has been dubbed the biggest scam in cryptocurrency history. Local news media reports Darji was arrested after his […]

Martin Köppelmann, the founder of Ethereum-based prediction market platform Gnosis, said that despite the decline in the price of Ether, the Ethereum network is growing rapidly. According to Köppelmann, the most important metric to consider in analyzing the growth of Ethereum is the performance of decentralized applications (dApps) and the interconnectedness of dApps on the […]

The cryptocurrency market is showing signs of recovery from a recent slump that saw Bitcoin descend below $6,000 in July 2018 as positive investor sentiment returns to the ailing blockchain ecosystem.

The CEO of Switzerland’s largest stock exchange, Thomas Zeeb, speaks on the bourse’s latest strategic decision. Last week, SIX Trading made waves after announcing intent to offer cryptocurrency trading to institutional investors. While the news sparked a bounce in the prices of several digital currencies, Zeeb is back with new statements on the topic. As […]

Despite waning prices and never-ending scalability debates, the Ethereum protocol continues to rake in massive revenues for network miners, with figures confirming $2.5 billion-a-year payouts. Ethereum Miners Rake in Big Money According to a report on TrustNodes, mining revenue accounts for about 8.3 percent of Ethereum’s market cap – which stands at $30 billion at […]