Category: Altcoins

After having launched its mainnet recently, TRON (TRX), a smart contract platform, which also ranks 11th on the list on biggest digital currencies by market cap, has had another interesting development. Justin Sun, CEO and founder of TRON Foundation, announced his campaign to run for one of the available 27 block producer positions on the network via a Twitter post. I am excited to run for #TRON Super Representative alongside…

The sixth-largest cryptocurrency by market capitalization, Stellar, is the first Distributed ledger technology (DLT) protocol to obtain Sharia compliance certification. The Shariyah Review Bureau (SRB) stated: “ Based on provided information, SRB conducted its review on the Network’s guides, concepts and related material and did not find any provisions that are non-congruent to the principles of Shari’a. ” This means that after critical examination, the SRB has decided that the…

Charlie Lee, the founder of the seventh-ranked cryptocurrency Litecoin, has been asked by the crypto community about the reasoning of acquiring banking services such as WG Bank. He cleared the air on a Reddit post on July 17th owing it all to cryptocurrency services being more available for banks. Litecoin recently acquired a 9.9%  stake in German bank WEG Bank AG through TokenPay in a barter exchange for Litecoin’s Blockchain…

Billionaires Peter Thiel (co-founder of PayPal) and Jihan Wu (co-founder of crypto mining giant Bitmain) are headlining the impressive group of investors in the latest fundraising round for Block.one – a company behind the EOS digital currency and EOSIO blockchain protocol. The strategic investment round has now been closed, with other notable names that put their trust in Block.one including founder of Moore Capital Management Louis Bacon and another hedge…

Coinbase, the largest cryptocurrency exchange in the United States has announced the enabling of listing security tokens. The announcement comes after the approval by the United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINFRA) for Coinbase to purchase three companies. Coinbase is a cryptocurrency exchange headquartered in San Francisco, California. They deal with Bitcoin, Bitcoin Cash, Ethereum, and Litecoin that can be exchanged with fiat…

The hacker group BitPico is out with a fresh report on the state of Bitcoin Cash, stating that the altcoin is plagued by widespread node centralization. This is not the first instance of BitPico raising concerns over Bitcoin Cash. The hacker group has grown somewhat infamous for its stress tests of different cryptocurrencies and blockchain-related ventures, and recently announced they would launch one of these ”benevolent attack” on the Bitcoin…

Coinbase, the well-known digital currency exchange stated that is planning to add five new assets into their platform by saying: “We are exploring the addition of several new assets, and will be working with local banks and regulators to add them in as many jurisdictions as possible.” These assets are under investigation in order to assure that they comply with all the listing requirements that Coinbase demand. The ones that…

The Scaling and Digital Disruption conference took place in Wharton, University of Pennsylvania. One of the main speakers of this conference was Asheesh Birla, who is the Vice President of Product of Ripple. He highlighted that the company is planning to be the leader cryptocurrency (XRP) in India by surpassing Bitcoin as the dominant one.  A step back into Indian’s Economy On November 8th of 2017, Mr Modi who is…

A group of developers has recently announced the development of a cryptocurrency-powered platform akin to that of popular membership service Patreon. Dubbed ”Bitreon.cash”, this platform aims to be ”censorship-resistant” and rely solely on payments made in Bitcoin Cash. Patreon is a popular membership service that allows creators to create specific subscriptions for different types of content. The platform has become popular amongst musicians, podcasters, artists, YouTubers, writers and essentially all…

The Euro has a digital currency pegged to it now, and it’s all thanks to a company called Stasis based in the beautiful cryptocurrency friendly island Malta. The digital currency is called EURS and will be pegged at a 1:1 level against the Euro. STASIS platform has become famous because of its allowance of free flowing of capital between off chain and on chain forms of digital assets. It is…