Mycelium Becomes Latest Addition to Foundation for Interwallet OperabilityThe movement to improve crypto usability industry-wide is gaining momentum with news today that Mycelium has become the latest wallet to sign up to the protocol that provides an enhanced layer of usability features for existing and future wallets and exchanges – making the transfer of cryptocurrencies between wallets as simple and straightforward for everyday […]
Ethereum Back to Crypto Second Spot Amid Market’s Moderately Positive GrowthEthereum (ETH) has reclaimed its position as the largest altcoin by market cap, data provided by CoinMarketCap shows on Wednesday, Jan. 2.
Bakkt Raises $182.5M Funding from Major VC Investors, Bitcoin Futures Platform Launch to be Delayed AgainBakkt, the cryptocurrency platform by Intercontinental Exchange (ICE), has announced on the New Year’s Eve that is has completed its first round of funding, raising $182.5 million from 12 partners and investors.
Nearly 1,000 Crypto Projects Declared Dead in 2018Nearly 1,000 cryptocurrency projects have officially become ‘dead’ projects over the course of 2018, Chepicap reported citing data provided by Coinopsy and DeadCoins.
Operational Adjustment – Bitcoin Mining Giant Bitmain Confirms Staff LayoffChinese crypto mining giant Bitmain confirmed the restructuring of the company in order to “build a long-term, sustainable and scalable business.”
GMO Internet Quits Bitcoin Miner Production After Recording Extraordinary LossesJapanese internet giant GMO Internet Group is quitting the Bitcoin mining hardware sector citing “extraordinary loss” in Q4 this year, Cointelegraph reported on Tuesday, December 25.
Bitcoin Transaction Volume in 2018 Exceeds $410 BillionAccording to data provided by Blockchain. com, over $410 billion was transacted in Bitcoin (BTC) in 2018, averaging over $13,000 per second.
2018 is the Year of Crypto Correction According to Binance CEO Changpeng Zhao as Bitcoin Goes BullishChangpeng Zhao, the CEO and co-founder of major cryptocurrency exchange Binance, believes that 2018 is a “correction year” for cryptocurrencies, which makes him express general optimism for the future of the industry.
Waves Platform Raises $120 Million for Vostok Private Blockchain DevelopmentWaves Platform, a public blockchain network that enables digital startups to create tokens, has announced it raised $120 million to roll out a private version of its Vostok system for corporations and governments.
New Evidence Suggests Tether Has the Billions It Claimed – ReportBank statements reviewed by Bloomberg News suggest fears that the dollar-pegged digital coin, issued by Tether Ltd. (USDT), wasn’t actually backed by billions in real cash, may be unfounded.
DECENT Android Wallet Beta ReleasedDECENT, a non-profit foundation that has developed an open-source blockchain platform DCore, announced its latest product launch – the beta version of a new Android mobile wallet. This release marks the company’s final technical milestone for this year. The Android wallet is now available for download through Google Play Store.
Sky Is No Limit – Blockstream Bitcoin Satellite Service Boosted With Lightning Network PaymentsBlockchain technology firm Blockstream has expanded its Bitcoin satellite service to the Asia-Pacific region. The company also added support for Lightning Network transactions, which will allow users to pay for its service using the second layer scaling solution as soon as in January 2019.