BLOCKCHAIN NEWS Lumi releases mobile app to store collectibles Lumi, a secure and easy crypto wallet has announced the first real app for collectibles. Lumi Collect, is a mobile-based app, to particularly run on Android and iOS devices. This app allows users to keep all their collectibles and game assets in a single wallet. These assets are based on
Ethereum and ERC-721 tokens.
Read more CRYPTOCURRENCY NEWS Bittrex declares development of Bittrex International; plans to go beyond US Bittrex, a U.S. based crypto exchange has made an announcement on 10th September about the development of Bittrex International Inc. A
Bittrex Inc. affliate, this new venture will focus on the businesses that operate beyond the borders of United States.
Read more OKEx founder gets detained in Shanghai over investment fraud Star Xu, the founder of the top cryptocurrency exchange OKEx and OKCoin, has been arrested in Shanghai by the state police due to an alleged involvement he had with WFEE Coin. Being a shareholder of the reportedly fraudulent scheme, he has been held for questioning. OKEx has raised its hands, denying any involvement with its founding father's association with the fraudulent scheme.
Read more Hacker wins jackpot 24 times in a row after exploiting EOS betting platform A hacker exploited DEOSBet, an
EOS-based betting platform operated by DEOSGames. In less than an hour, the betting platform reportedly paid 24 times in a row to one individual.According to a report by TheNextWeb, despite depositing only 339 EOS, the account “runningsnail” managed to get more than 4,728 EOS (approx. $23,640). Interestingly, the account was created just a day before the funds were sent for betting.
Read more OKEx founder seeks police protection from irate investors protesting botched app OKEx is currently facing bitter investors who saw their investments diminish due to the exchange’s app failing during a particularly bearish trading session. Mingxing Xu, founder of
OKEx and its parent company OKCoin, was forced to seek police protection from disgruntled users of the platform.
Read more Ripple & XRP can save banks an average of 46% per payment: Royal Bank of Canada Ripple and
XRP can save a huge amount of money and time of banks and financial institutions, according to a Royal Bank of Canada
report. According to the report, Ripple, with or without XRP, can save banks an average of around 46% per payment.
Read more UAE market regulator now recognizes cryptocurrency as a security The Securities and Commodities Authority [SCA] of the United Arab Emirates (UAE) introduced a new regulation to give
cryptocurrency the status of securities. This is the latest step taken to exercise control over trading activities of virtual currencies. The volatile nature of cryptocurrencies along with the increasing count of initial coin offerings (ICOs) have brought the industry under the scanner of the government.
Read more SEEDGerminator germinates to assist developers of Tron Foundation Tron, a project dedicated to the establishment of a truly decentralized internet, announced the introduction of Sesameseed’s DApp SEEDGerminator, which will serve as a technology accelerator, on Monday. Discussions about SEEDGerminator started in June, while the official launch took place last week. The final official confirmation by Tron Foundation came in yesterday.
Read more Binance and Malta Stock Exchange sign MoU, set to launch Token Trading Following its exodus from China and its arrival into the Mediterranean country of Malta, the world’s biggest cryptocurrency exchange,
Binance, has signed a
Memorandum of Understanding (MoU) with the Malta Stock Exchange and is set to launch a brand new digital exchange for token trading.
Read more Final legal clash between cryptocurrency exchanges, India’s central bank begins The long-awaited day for India's top most court to decide the future of cryptocurrency exchanges in the country has arrived. The outcome of the final hearing scheduled on Tuesday regarding the fate of
cryptocurrency trading platforms will put an end to increasing uncertainty experienced by these exchanges.
Read more Crypto Exchanges changing Domain Name to circumvent China Ban Chinese traders have remained persistent while their government has enforced a
strict crackdown on the country’s cryptocurrency industry. The investors have not let up and are continually evading the authorities, as per reports from the South China Morning Post (SCMP).
Read more Ethereum lacks immutability feature: Litecoin founder Charlie Lee Litecoin [LTC] founder Charlie Lee recently shared his views on the fundamental value of cryptocurrencies at the Blockchain Cruise Conference. He discussed the top two cryptos by market cap – Bitcoin [BTC] and Ethereum [ETH] – along with his
Litecoin project.
Read more NASDAQ’s Crypto Price Movement Predictor on the Horizon? The world’s second largest stock exchange by market capitalization,
NASDAQ, is reportedly be working on a product that will provide immense analytical assistance to institutional investors in the crypto-market.NASDAQ is working on adding to its
Analytics Hub a tool that will allow the user to predict the price fluctuations of certain digital assets in the crypto-market, Coin Desk reported citing a person familiar with the matter.
Read more Charles Hoskinson opines about Ethereum co-founder Vitalik Buterin & his ‘ceiling in sight’ view Cardano’s Charles Hoskinson conducted an Ask Me Anything [AMA] session recently and shared his opinion about the view of Ethereum co-founder
Vitalik Buterin regarding the blockchain industry. Apart from it, he also shed light on his lifestyle, social media patterns he follows and his recent Twitter exodus.
Read more Dogecoin [DOGE] enjoys surge as the market continues to fall The world’s favorite meme cryptocurrency has been enjoying a surge in price over the past few weeks.
Dogecoin (DOGE) has now surpassed
Zcash (ZEC) and
VeChain (VET) to rank 19th on the top cryptocurrencies by market capitalization, currently valued at $792.05 million. Languishing at just below $300 million at the end of last month, it surpassed the $700 million mark in just 10 days on Monday.
Read more Binance CEO vouches for its official decentralized TrustWallet Changpeng Zhao, CEO of Binance, has a question for the cypto world: “Want to store your crypto off exchange?” And, if you are unsure of the answer, Zhao has it for you. And, the answer is Trust Wallet, “Binance's official decentralized, on-chain wallet, where you control your own crypto.”
Read more Confusion between ETN & ETF led to Bitcoin Tracker One’s SEC suspension: Securities Lawyer XBT Provider, an issuer of Bitcoin and Ether exchange-traded products based in Sweden, introduced a
Bitcoin Exchange-Traded Note (ETN) to be issued in the American market back in July. However, the Securities and Exchange Commission (SEC) - the apex financial regulator of the United States - suspended the ETN for a period of 10 days.
Read more Paris Saint Germain to start off with a fan token offering Paris Saint-Germain(PSG), a French
football club along with Socios.com are going to launch a token ecosystem, which is the Fan Token Offering (FTO). PSG has always been the country’s most popular football club.Socios is backed up by a sports blockchain organization named dubbed chiliZ, who invest on Binance coin. According to a report, they have raised $66 million in funding. In Spanish, “Socios” means member or associate.
Read more Tether runs over Cardano; positions itself as #8 in the crypto market Tether [USDT] has overtaken Cardano [ADA] to take up the eighth position among the top digital currencies in terms of market cap, pushing Cardano down to the ninth position, according to
CoinMarketCap.The global cryptocurrency market has been navigating through troubled waters in recent times. However, Tether paddled through these murky market conditions to post significant gains, leaving behind one of the leading digital currencies Cardano.
Read more Ripple Labs reaches an agreement with R3 Consortium in token litigation In a major development,
Ripple Labs Inc. has announced it has reached a settlement “of all outstanding litigation” between R3 Hold Co LLC, R3 LLC, and XRP II, LLC, according to a
press release published on September 10.As per the statement, the details of the settlement will remain confidential while “both sides look forward to putting these disputes behind them.”
Read more New York Regulator signs off on two new stablecoins New York regulator, Department of Financial Services [DFS] has given a go ahead to two new stablecoins, according to a
press release issued by DFS. The two stablecoins approved are Gemini dollar and Paxos standard token. These two stablecoins belong to Gemini Trust Company LLC and Paxos Trust Company LLC respectively.
Read more Circulation of cryptocurrency is still impossible to resolve: President’s Representative The circulation and issuance of cryptocurrency is impossible to reconcile, feels
Dmitry Peskov, a special representative of the Russian PresidentIn an interview with local news agency RIA, he explained his view on the condition of digital assets.
"We have not crushed the blocking and cryptocurrency
at the start, trying to bring them to the normative field, but the state should honestly warn everyone that the likelihood that you will get to MMM 2.0 is the maximum here," he said.
Read more Citigroup seeks to create new product for safe crypto investments Another financial industry biggie embraces the cryptocurrency industry! Citigroup is attempting to offer secure
cryptocurrency trading to institutional investors. According to a
Business Insider report, Citigroup seeks to offer a new product called DAR [Digital Asset Receipt] to reduce risks of investments in cryptocurrencies. The product is mainly aimed at hedge funds and asset management firms which would like to invest in cryptocurrencies.
Read more Canada gets its first Bitcoin fund, now available on Neo connect Canada is slowly and steadily making its mark in the cryptocurrency and blockchain arena. Toronto-based
NEO Connect has announced that the First Block Capital Bitcoin Trust (FBC Bitcoin Trust) is now available on its platform. It is the only open-ended
Bitcoin fund approved by the Canadian regulators, and it enables accredited investors to get exposure to Bitcoin.
Read more 46% of ICOs failed to raise funds since 2017: report Nearly half of the ICOs of 2017 and 2018 fails to raise a single dollar,
new report finds. A report published by Greyspark, a business consulting company, analyzed various aspects of the cryptocurrency industry like growth of
ICOs, cryptocurrency mining, OTC trading, crypto to fiat trading etc. They charted the progress of these aspects and compared their yearly performances.
Read more Cryptocurrency market is bound to grow: European Commission Vice President The meeting of the EU Economic and Financial Affairs Council (ECOFIN) in Vienna on September 7 was watched by keen anticipation by the crypto community all across the globe. Following the meeting, European Commission Vice-President Vladis Dombrovskis has
stated that the Council’s position on
cryptocurrencies is that they are here to stay despite market turbulence.
Read more Lightyear Corp. acquires Chain Inc., names the new company Interstellar Chain Inc., a San Francisco technology start up has been acquired by
Stellar - based Lightyear Corporation. This new company has been named Interstellar.Chain, a blockchain infrastructure company that enables organizations to build better financial services from the ground up, raised more than $40 million from companies such as Visa, Citi Ventures, as well as Nasdaq.
Read more A Tether rival & U.S. dollar pegged cryptocurrency gets launched at Gemini The crypto exchange of Winklevoss twins, Gemini has declared emergence of a Tether [USDT] rival that is a U.S.dollar pegged cryptocurrency. The announcement has been come from the founders of the cryptocurrency exchange, Tyler and Cameron Winklevoss. The newly created would be an Ethereum token pegged with USD and a competitor of
Tether [USDT] which is the mostly preferred stablecoin of the bitcoin traders.
Read more KuCoin sails to new market; helps Bitcoin Australia in global expansion KuCoin, a leading global digital currency exchange is helping Bitcoin Australia with its expansion. KuCoin’s investment in the local exchange sums up to an amount of AUD $3 million, helping it to grow in the international market.The investment will in turn, help the Hong Kong based exchange lay its foothold in the Aussie market. It will also help the exchange to seek the advanced investors in the country.
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