Category Archives: Crypto News

Crypto Markets See Small Slump, Bitcoin Keeps Above $6,500 Threshold

Crypto markets have seen a small slump from yesterday’s highs, but Bitcoin has managed to keep above the psychologically important $6,500 mark. Thursday, July 5: crypto markets are seeing some red, with most major coins down up to 3 percent in 24 hours to press time. The total market cap has dropped by $4 billion since the same time yesterday, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is currently trading at around $6,597. The coin is down about 1.5 percent over the past 24 hours, […]

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Former Jefferies Asia CEO to Lead $1 Billion EOS VC Arm

Michael Alexander, former CEO in Asia for Jefferies Group LLC, a major global investment banking firm, has become head of EOS’ VC arm. The former CEO in Asia for Jefferies Group LLC, a major global investment banking firm, has joined as head of EOS’ $1 billion venture capital arm effective Thursday, July 5. The news has been revealed in an official announcement from EOS creator Block.one. After serving almost eight years in his former post, Michael Alexander will be based in Hong Kong and serve as a […]

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South Korea Legitimizes Blockchain Industry With Major New Classification Standards

The South Korean government is drafting major new industry classification standards for the blockchain industry. The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. Three Korean ministries – the National Statistical Office, the Ministry of Science and Technology, and the Ministry of Information and Communication – are said to have been working since the end of last month to produce the final draft of a new blockchain industry classificatory scheme […]

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Huobi Launches Australian Exchange Ahead of Blockchain Investment Plans

Australia has gained a dedicated arm of Chinese cryptocurrency exchange Huobi, which begins trading today. Chinese cryptocurrency exchange Huobi has confirmed trading on its new Australian platform begins today, July 5. The exchange is fourth largest in the world as of press time, with $713 million in daily trade volume, according to Coinmarketcap. In an announcement, Huobi, which last week also unveiled its London-based operation serving the European market, said trading pairs would be phased in throughout Thursday from 10am Sydney time. Ten pairs will initially be […]

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BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money

Bitcoin and cryptocurrency have come in for more bad press from banks as the head of the BIS says they “fail” as money. The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons to Bitcoin mining. “Those who have the biggest incentive […]

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Thai Regulator Confirms July Start Date for Regulated ICOs

Thailand will enact pioneering ICO regulations this month, becoming one of the first countries to do so. In an announcement July 4, Thailand has confirmed its long-awaited ICO regulations will come into effect July 16, cementing the fundraising instrument’s status in the country. In summary comments, the Thai Securities and Exchange Commission (SEC) finalized details of how ICOs will operate going forward. The new regulation will take the form of a two-tier vetting procedure, with accredited “ICO portals” in charge of selecting applicants to pass to the […]

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CryptoSolarTech ICO – Blockchain With Solar Energy

CryptoSolarTech is a Spanish Blockchain project seeking to revolutionize the crypto mining industry by introducing the use of renewable energy in the sector. The project will use photovoltaic solar panels to generate enough electricity to fuel the mining activity. Token Symbol: CST Type of token: Utility Total token available: 1,260,000,000 Price per token: 1CST = 0.07 € Soft Cap: 19,647,667 CST Hard Cap: 1,260,000,000 Website | Whitepaper | Twitter About Crypto Mining Some time back, Cryptocurrency mining business was a lucrative venture. Only a few people engaged […]

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COTRADER – Disrupt The $85 Trillion Global Investment Funds Industry

CoTrade is a project that uses Blockchain to give investors in the global investment funds sector control over their investments and introduce a transparent proof of investment performance. Token Token Symbol: COT Public ICO: End of Q2 2018 Max HC: $10M or 20k ETH Total supply: 100B tokens Type: ERC20 Website | Whitepaper | Twitter How CoTrader Will Work The popularity of Blockchain technology has been driven by its decentralized nature, and the peer-to-peer and trustless form. It allows users to transfer crypto assets to each other […]

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New z-enemy 1.12 Nvidia Miner With New Algorithms and Improved Performance

There is a new version of the popular closed source miner z-enemy-1.11 for Nvidia GPU mining rigs that is widely used for X16R coins such as RavenCoin (RVN), though the miner also supports quite a lot of other algorithms in the more recent versions. The latest release 1.12 add support for two new crypto algorithms – Sonoa and PHI2, and also brings slight performance increase in a number of already supported algorithms: X17, X16r, X16s, C11, Bitcore, Aeriumx and others. So if you are using the z-enemy […]

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Malta Passes Blockchain Bills Into Law, ‘Confirming Malta as the Blockchain Island’

The Parliament of Malta has passed three bills into law that establish a regulatory framework for the blockchain sector in the country. The Parliament of Malta has passed three bills into law that establish a regulatory framework for blockchain technology, local news outlet Malta Today reported July 4. The bills include the Malta Digital Innovation Authority Act, the Innovative Technological Arrangement and Services Act, and the Virtual Financial Asset Act. Silvio Schembri, Junior Minister for Financial Services, Digital Economy and Innovation within the Office of the Prime […]

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