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Ben Delo, co-founder of cryptocurrency exchange BitMEX is revealed to be Britain’s first Bitcoin billionaire and youngest self-made billionaire. Launched in 2014, BitMEX is a Hong Kong-based cryptocurrency exchange valued at around $3.6 billion and handles over $2 billion in daily trading volume. A Bitcoin Billionaire’s Path Delo, age 34, was born in Sheffield, England, […]

The overall cryptocurrency market prices are increasing across the board. With regulation and incoming institutional capital taking hold, the market is reflecting rising interest in the cryptocurrency sector. At press time, 97 of the 100 top cryptocurrencies are in the green.

One of the premier dApps on the Ethereum blockchain last year, CryptoKitties played a central role in bringing global attention to cryptocurrencies. In line with the open-source promise of Ethereum, CryptoKitties is releasing a set of new updates to give users and developers more rights on the platform. Community Orientation: KittyVerse, Nifty License, and Nifty […]

With the TRON mainnet swap underway, the Tron Foundation started the process of destroying, also known as “burning,” its old ERC20 tokens. On June 25, Tron began migrating its tokens from the Ethereum network to its native blockchain. The transition left two versions of Tron tokens, including billions of old testnet Tron ERC20 tokens under the Tron […]

Coinbase, the world’s largest crypto exchange with more than 20 million active users, launched a custodian solution for large-scale institutional investors that could potentially attract billions of dollars worth of new capital into the crypto market. Sam McIngvale, a product lead at Coinbase Custody, said in a company statement that after receiving its first deposit […]

While several emerging smart contract platforms make only slight revisions to derivative blockchains, Burst combines several unique features and mechanisms to bring users a truly distinct distributed ledger experience. In an effort to unite the best of both worlds, Burst uses a main blockchain with customizable, IOTA-like tangles built upon it. The unique integration of […]

After proposing to streamline the process of launching an exchange-traded fund (ETF), the United States’ Securities and Exchange Commission (SEC) may be giving blockchain funds easier access to a $3.4 trillion market. If approved following June 28’s unanimous vote, the proposal will lower the ETF market’s barrier to entry — sparing prospective funds the “cost […]

John McAfee took aim at the centralized cryptocurrency exchange paradigm this week, firing a salvo of warlike tweets at 9th-highest ranked crypto exchange HitBTC and calling for a boycott of the platform. McAfee’s rage against the exchange began on June 28, 2018, when the idiosyncratic security expert retweeted a post calling out the Hong Kong-based […]

The cumulative hashing power dedicated toward Bitcoin took a hit this week after extensive flooding of mining centers in Sichuan, China. Eric Meltzer, a partner at China-based blockchain focused fund INB, published a tweet on June 29, 2018, depicting mining hardware destroyed by flooding within the Sichuan region: Rumors that a huge flood in Sichuan took […]

A recent investigation into Tether activity on popular cryptocurrency exchange Kraken triggered scathing responses from the exchange, who fired back at journalists that, according to Kraken, fail to understand market basics. “On Tether: Journalists Defy Logic, Raising Red Flags,” published July 1, 2018, appears to have been issued as a direct response to a recent […]