News

Seven cryptocurrency businesses were approved by Thai regulators, Aug. 16, to legally conduct digital asset operations as part of the country’s shift toward optimizing the local blockchain, ICO and cryptocurrency ecosystem. Thailand’s Cryptocurrency Push According to the Thai SEC, seven businesses are allowed to pursue their business as legally-recognized operators immediately. Among the businesses are several […]

San Francisco-based exchange Coinbase is expanding its blockchain ecosystem to prepare for the onset of a regulated digital economy. To support its expansion efforts, Coinbase has acquired digital identity startup Distributed Systems. Coinbase Doubles Down on Digital Identity Coinbase, a digital asset exchange, has acquired digital identity startup Distributed Systems, according to a blog post […]

Stably is a fiat-collateralized stablecoin that provides transparent 1-to-1 parity to the U.S. dollar. On Aug. 16, Stably debuted its StableUSD token on the Ethereum mainnet. Fiat-backed, $100K Proof of True Reserve The Stably developer team has officially launched its StableUSD (USDS) token on the Ethereum network, according to a blog post. Based in Vancouver, Canada, Stably […]

Ethereum holders may be holding their breath for an impending market bottom, but BitMex CEO Arthur Hayes has dubbed the second-largest cryptocurrency by market capitalization a “double-digit sh*tcoin” destined for sub-$100 levels. Making the colorful description in BitMex’s newsletter, Crypto Trader Digest, Hayes used his typically unrestrained voice to argue why Ether’s success in 2017 […]

Toshi’s refreshed image, unveiled Aug. 15, will aid in Coinbase’s effort to “invest in products that will define the future of the decentralized web.” Say Farewell to Toshi In a blog post published Aug. 15, Coinbase has revealed that its crypto wallet Toshi will be rebranded as Coinbase Wallet. According to the post: “This is […]

The popular mobile payment service Square has announced that consumers across all 50 U.S. states can now use the Cash App to purchase and sell Bitcoin (BTC). Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL — Cash App (@CashApp) August 13, 2018 BTC Across the […]

Earlier this month, High Times magazine announced that they will be accepting cryptocurrency as the first-ever Nasdaq IPO to do so. However, a recent SEC filing reveals that High Times will not deliver on its benchmark promise and will only accept fiat investments during its upcoming public offering. High Times Not Accepting Crypto After All A […]

Since the start of 2018, the overall cryptocurrency market has struggled to maintain a recovery from its multi-month downtrend. In accordance with increased selloffs, companies heavily vested in the nascent digital asset class are starting to face drawbacks. Overstock Shares Plummet Despite tZERO Investment Online retail giant Overstock.com Inc. entered the cryptocurrency sector when it […]

Last month, Tron Foundation CEO Justin Sun acquired distributed technologies giant BitTorrent, which, on Aug. 14, the Tron community elected as one of 27 super representatives on the network. BitTorrent Becomes Tron Community Leader Taking to Twitter, Aug. 14, Tron announced that BitTorrent had garnered the 100 million votes needed to become a network super […]

Bittrex, one of the largest cryptocurrency exchanges within the U.S., revealed that it has partnered with CatalX to bring Bittrex tech into Canada. We’re excited to announce a partnership with CatalX that will launch a new Canadian digital asset trading platform. Beta platform launches on Aug. 27. Details: https://t.co/ESUAKFOSnp pic.twitter.com/Ka6ZvPeVs6 — Bittrex (@BittrexExchange) August 15, […]