Latest Updates
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Bits and bytes are baffling top crypto figures following a claim made by the self-proclaimed creator of bitcoin, Craig Wright. He went on an attack of small miners through his Twitter recently and made several unbacked claims. The first tweet of the series read, This anger stems from the longstanding…
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Bitmain has been getting a lot of attention this week, that’s for sure. The well-known producer of bitcoin mining hardware, application-specific integrated circuits miners (ASIC), and new ether mining rigs in the similar realm, has said that it’s considering an initial public offering (IPO) of their own in Hong Kong…
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News
Tether Fails To Pump Crypto Market With $500 Million Coin Release
by Luke Bakies August 25, 2018Movements of Tether often coincide with changes in bitcoin historically but that trend has not been holding true recently. Tether recently saw $500 million created in the crypto which would typically be the lead in to a bitcoin rally. Instead, bitcoin has dropped even further as it sits well below…
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Indiegogo’s first attempt to integrate themselves into the blockchain world has seemed to fail but at least investors of the ICO will get their money back. From an email sent out in July Indiegogo’s token brokerage partner, MicroVentures, informed investors they will not be receiving tokens but rather refunds. A…
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News has spread of a new digital currency being issued by the bank of Thailand. The currency is expected to be built on an open source blockchain similar to that of Ripple. The idea of the digital asset was first brought up in June by the Bank of Thailand governor…
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Ripple is potentially fighting for its life as lawsuits pushing to have the crypto be declared a security are mounting. The team behind the coin have fired back with claims that Ripple is more decentralized than ethereum and even bitcoin. This follows the ruling of ethereum not being a security…
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Crypto behemoth Bitmain is starting to struggle as reports of lost market share have been recently released. Sanford C Bernstein and Co, an investment research shop, first reported that Bitmain has been losing technological advantages to rivals such as Canaan and Ebang International. Bitmain has been working to diversify their…
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Venezuela has experienced a 95% devaluation in the bolivar over the past weekend, sparking interest in the country’s cryptocurrency Petro. There are many reasons as to why Venezuela started their own cryptocurrency but being devaluation proof was indeed one of the many reasons. Petro has been offered to the public…
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The case of Bitconnect continues to unravel as mastermind of the group, Divyesh Darji has been arrested for his connection and role in a multi-million dollar investment scam. The local media reported that Darji’s company was registered in the United Kingdom but operated in Dubai. Perhaps the location of operation…