Category: Altcoin News
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Ethereum Classic Jumps 10% on a Day of Crypto Markets’ Retreat
Ethereum Classic today jumped 10-percent against the US Dollar, coinciding with Robinhood’s announcement of adding the coin to its trading app. The Ethereum’s unforked version had started recording gains soon after Coinbase, one of the world’s leading cryptocurrency exchanges announced that it would add the coin to its portfolio. On August 3rd, the day the…
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Ethereum Classic Becomes the 6th Cryptocurrency Listed on Robinhood Crypto
Stock trading app Robinhood has made ethereum classic (ETC) the sixth cryptocurrency listed on its recently-launched crypto trading platform. The $5.6 billion firm unveiled support for ethereum classic on Monday, providing investors in eligible U.S. states with the ability to hold ETC in their portfolios alongside their traditional equities investments. Robinhood has been rolling out…
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Roger Ver Sent Governor of Jeju Island $100 in Bitcoin Cash, Did it Violate Local Policy?
Roger Ver, a prominent cryptocurrency investor who has backed some of the largest companies in the global crypto sector such as Blockchain, Zcash, BitPay, and Kraken, recently sent the governor of Jeju Island of South Korea $100 worth of bitcoin cash at a public event. Humorous Kim Yeong-Ran Rule Banter Over the weekend, Ver visited…
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The State of Distributed Computing in Cryptocurrency
Distributed Computing is a concept which denotes the practice of utilising an interconnected network of systems to provide their combined power to remote users – but how is blockchain revolutionising this concept in 2018? Centralised Distributed Computing According to Statista: the present market leaders in the so-called ‘Public cloud software as a service (SaaS)’ market…
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Coinbase Announces Final Testing Ahead of Ethereum Classic Listing
Coinbase has announced that it is in the final stages of testing support for ethereum classic (ETC) as it prepares to offer support for the cryptocurrency across it different services. In a statement published on its official blog, the platform revealed that it is making the information public in line with its new process for…
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Ex-FBI Director Louis Freeh Opens up about Tether Investigation
The controversial “stablecoin” known as Tether has certainly had an interesting past few months. Company founders say the token is backed by physical USD at a 1-to-1 ratio, which has sparked immense discussion and debate inside of the cryptocurrency community. Some see Tether as a systemic risk to the entire virtual currency world. Others see…
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Tezos Price Spikes 10% In 24 Hours, Signaling Recovery From Recent Setbacks
Tezos, a cryptocurrency that launched its crowdsale in July 2017 with the promise of being the first “self-amending” cryptocurrency, posted a 10 percentage point gain in the last 24 hours, a sign that it is recovering from some recent setbacks. Today’s bump could reflect a stabilization following the hit that the tezos price experienced as…
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Hedera Hashgraph Raises $100 Million, Claims $6 Billion Valuation
Hedera Hashgraph, a U.S. based distributed public ledger that plans to offer a cryptocurrency, a file storage service and a smart contract platform, has raised $100 million from institutional and has announced a valuation of $6 billion. The company announced on Twitter that it is currently offering tokens at $0.12, the same amount that investors…
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Factom Files Patent for Validating Documents on the Blockchain
Factom (FCT) has filed a new patent today with the U.S. Patent & Trademark Office that allows verification of documents on a blockchain with multiple digital signatures The patent comes during a frenzy of blockchain patent applications from other incumbents, including IBM, Mastercard, and Walmart. Auditing Digital Documents with Multi-Signatures The patent claims the concept:…
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Tron (TRX) Erases Upside Rally despite TVM Launch Hype
At the beginning of this week, Justin Sun’s TRON was probably the only top cryptocurrency that recorded massive gains, in contrast to the rest of the bearish market. Strong fundamentals, including the Tron’s recent acquisition of BitTorrent and uTorrent, the launch of their Tron Virtual Machine (TVM), and a secret project (announced later as Project Atlas),…