Monthly Archives: June 2018

Indian Exchange Zebpay Boosts Trading Support for 19 Cryptos Ahead of RBI Ban

Leading Indian cryptocurrency exchange Zebpay has added new cryptocurrencies to its crypto-to-crypto trading platform. The exchange now supports 19 cryptocurrencies and over 35 trading pairs, as it prepares for the banking ban by the country’s central bank to go into effect next week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 19 Cryptocurrencies, 35+ Trading Pairs One of the largest cryptocurrency exchanges in India, Zebpay, announced Friday that it has added a number of cryptocurrencies to its crypto-to-crypto trading service. Zebpay claims to have over 3 […]

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Mastercard Latest Crypto Patent: Anonymous Third Party Transactions

This week marks another set of patents granted Mastercard, which is part of a many years attempt by the payments behemoth to employ technology underpinning most cryptocurrencies. The latest turn involves anonymous distributed ledger transactions via a third party processor. Also read: Bitlicense Should be Smashed, Candidate for New York Governor Urges Mastercard Granted Still More Crypto Patents In its latest crypto patent filings, Mastercard stresses “a need for a technical solution whereby an entity may participate in a transaction where transaction details may be posted publicly […]

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Ross Ulbricht Is Denied Prison Sentence Review by Supreme Court

The Supreme Court announced on June 28, 2018, that it will not reconsider the conviction or life sentence of Ross Ulbricht, the alleged mastermind behind the darknet site Silk Road. At press time, no reason has been provided for the Court’s decision. Ulbricht was first arrested in October 2013 at the Glen Park Branch Library in San Francisco. During his trial, prosecutors stated that, at the time, he was speaking online with an undercover FBI agent while running the site through an open laptop under the name […]

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Basketball Team Sacramento Kings Mine Ethereum to Fund Tech Education Scholarships

The Sacramento Kings will be installing ETH mining machines in an indoor basketball stadium in order to donate the proceeds to scholarships. The Sacramento Kings basketball team has teamed up with a crypto mining hardware firm to install mining machines in an indoor arena, with the crypto earnings funding a scholarship program, local news outlet The Sacramento Bee reported yesterday, June 28. The Kings have partnered with company MiningStore for the installation of Ethereum (ETH) mining machines in Sacramento’s Golden 1 Center. All crypto proceeds will go […]

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Microsoft Partners With Two Asian Firms on Blockchain Platform for Enterprises

Microsoft Taiwan teamed up with two other companies to provide a platform for enterprise blockchain development in the Asia-Pacific region. The Taiwanese subsidiary of tech giant Microsoft has partnered with tech investment company China Binary Sale Technology and High Cloud to create a platform for enterprise blockchain development, according to a press release from Microsoft June 28. Microsoft will provide its Azure cloud platform as a base for China Binary’s blockchain service. The three-part partnership reportedly intends to transform various industries such as finance, e-commerce, and entertainment, […]

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Lighting Labs Co-Founder and Bitcoin Developers Slam Study on Lightning Network

A study suggesting that the Lightning Network struggles to route payments, especially larger amounts, has been called ‘bullshit.’ On June 28, news emerged that a study, conducted by Diar, suggested that the Lightning Network, which is being heralded as a potential way for Bitcoin to scale, is not as effective at routing payments than was first believed. The study’s overall claim was that “the reliability of successfully routing a payment on the Lightning Network is still quite low,” especially when it came to larger amounts. However, experts […]

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Bitcoin Cash Support is Now Live on Purse.io

This week the well-known Purse.io, a firm that allows people to purchase items on Amazon and save 15 percent or more, has announced that Bitcoin Cash (BCH) support is now live. Furthermore, due to a partnership with the Bitcoin Cash Fund, the company is offering $10 cash back to Purse shoppers who shop and earn before the end of July. Also read: Cryptocurrency Firm Circle Sees Institutional Interest Spike 30% Purse.io Launches Full Bitcoin Cash Support The firm Purse.io has officially announced full BCH integration due to the […]

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Watch Out For Akoin

The Akoin Cryptocurrency As has been written on several occasions before, not many are surprised by the Cryptocurrency industry anymore. So much has happened over such a little timeframe that the unexpected is pretty much expected nowadays. The more surprising thing is if something unbelievable doesn’t happen in a day or a week. So queue up the next one – R & B singer Akon is developing his own Cryptocurrency named Akoin. The American – who also can write and produce – is working on something extremely […]

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Poland: Crypto Industry Group Blasts Banks for Refusing Accounts to Crypto Businesses

The Polish Bitcoin Association has formally complained to authorities over banks shutting down industry bank accounts. Fifteen “financial institutions” have become the subject of a formal complaint to a Polish government authority by cryptocurrency group the Polish Bitcoin Association (PBS), it confirmed June 27. The PBS, which has not published the full text of its complaint, wrote to the Office of Competition and Consumer Protection (OCCP) June 26, claiming that local banks were deliberately denying service to cryptocurrency entities and selectively closing accounts. “[T]he effects of the […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRX: Price Analysis, June 29

The total market cap of all cryptocurrencies has lost almost $600 billion since January 2018 – is there a bottom in sight? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Back in January of this year, the total market capitalization of all cryptocurrencies reached above $832 billion. At […]

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