October 21, 2018

Category: News

Australia To Have AUD-backed Cryptocurrency

Two Crypto companies in Australia have come together to produce what will be the country’s first ‘stable coin‘. Further reports have revealed that the digital asset will be pegged to the Australian Dollar. Most Cryptocurrencies are volatile making it more challenging to use them in day-to-day transactions. The duo is yet to enter into a […]

New Crypto Trading Platform Coming to Singapore

Upbit, which is one of the most established Cryptocurrency exchange platforms in South Korea is set to start operations in Singapore at the beginning of October 2018. This new exchange will specialize in Singapore-dollar trading and Crypto-to-Crypto trading pairs in three major markets that are offered by the US-based Upbit partner known as Bittrex. Upbit […]

Cardano Is Exhibiting Signs Of Strong Recovery

Cardano (ADA) Cryptocurrency has posted good results in Crypto market recovery. In the last 24 hours, the price performance has been bullish and ADA is changing hands at $0.0715. This is a 12.16% gain. The double digits growth is making digital asset very attractive to investors and among the top contenders that all investors will […]

The American Government Advised To Create A National Cryptocurrency

A Duke professor has said that the US should consider going paperless by creating a national virtual currency to replace the paper money. According to Campbell Harvey, the Duke Fuqua School of Business’ professor of international business, the move would help in eliminating challenges such as tax evasion and counterfeiting among others. The professor is […]

CFTC Chairman Recommends A ‘Do No Harm’ Approach In Regulating Cryptocurrencies

J. Christopher Giancarlo recently talked about Crypto regulations and indicated that he supports a favored approach that would allow the new industry to grow. The Commodity Futures Trading Commission Chairman compares the sector with internet and is of the opinion that lack of strict regulations is what helped the internet to grow, as we know […]

Bittrex Cryptocurrency Exchange To Enter Malta Market

Bittrex, an American Cryptocurrency exchange has announced plans to open a branch in Malta next month. The US-based exchange is currently is seeking to reach more markets beyond America. Malta has emerged as a Cryptocurrency haven due to its Crypto -friendly policy that has seen the country put in place favorable regulations. Many Crypto firms […]

Crypto Industry Players Launch Crypto Lobby Group

The price of Bitcoin has been on the decline, not only in the past few weeks but in the year in general when compared to the previous year which saw Bitcoin’s price rise to staggering levels. This, however, has not deterred officials in the industry from organizing a charm offensive with the main targets being […]

A Chinese Company To Provide Cryptocurrency Custody Services

InVault, a Chinese blockchain startup is of the opinion that the elimination of human factor in the storage of Cryptocurrency could guarantee the security and safety of the digital assets. The Shanghai-based firm has announced plans to provide these services to Cryptocurrency exchanges. The new service will allow the exchanges to engage in other activities […]

Cryptocurrency Trading In India Since RBI Ban

Indian Crypto traders have had hard times since the country’s central bank, the Reserve Bank of India (RBI) ordered the financial institutions not to provide banking services to Cryptocurrency exchanges. However, the Crypto traders have come up with creative methods that have enabled them to survive while waiting for the ruling by the country’s Supreme […]

Silicon Valley Jewelers Turn To Cryptocurrency Payment

A jewelry shop, located in Silicon Valley has reported a significant growth in the number of payments made in Cryptocurrency. The area has some of the highest rent rates as it is home to some of the world’s largest companies such as Instagram, Facebook, Amazon, and Microsoft. Stephen Silver Fine Jewelry has been accepting virtual […]
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