Bithumb made around $35 million USD for the first half of 2018, despite its recent hack, says local South Korean local news agency Yonhap. Bithumb Success Despite its hack back in June of this year, the South Korean crypto exchange came out on top the first half of 2018. “The sales amounted to 33,060 million…
The US Securities and Exchange Commission (SEC) has rejected nine applications for Bitcoin ETF proposals. The SEC published three separate orders yesterday, highlighting the rejections from the three different applicants. SEC Says No to Bitcoin ETF Proposals This ruling is a blow to Bitcoin bulls who’d hoped the products would have provided a breakthrough for institutional adoption.…
Lisk (LSK) is another addition to the burgeoning list of decentralized application hosting blockchains, challenging the likes Ethereum, Cardano, EOS and Ziliqa. Launched in 2016 by Max Kordek and Oliver Beddows, it raised 14,000 BTC via ICO, making it the 2nd largest public token raise at the time. Lisk has a few features that allow it to stand out from its competitors.…
Despite the recent SEC decision to not approve the ProShares, Direxion or the Winklevoss Bitcoin ETFs, I believe that the time is almost right for approval of such products. There is, however, at least one structural impediment that should be addressed first: Crypto exchanges should allow the unfettered ability for data providers to consolidate and redistribute quote information.…
Ethereum (ETH) has dropped 15% over the past week and is currently down 81% from the record high set in January. The market cap stands at US$27.9 billion, with US$1 billion traded in the past 24 hours. The number of transactions per day has ranged between 60,000-70,000 over the past few weeks. Pending transactions have…
The cryptocurrency market is trending upwards today as most coins within the top 100 are currently trading in the green. Bitcoin (BTC) is currently trading over $6,600 and Ethereum (ETH) is just below the $300 mark. Let’s take a closer look at Ripple (XRP), EOS, and Litecoin (LTC) today and the latest movements with each…
As we move into a brave new financial world with cryptocurrency and blockchain solutions, capturing the essence of crypto in a bottle can be a tricky affair. As the benefits of blockchain and digital currencies are different for everyday users in comparison to businesses, it is important to differentiate between the two and to eliminate…
DASH, the 14th largest cryptocurrency by its total market cap, has just announced that it is focusing a lot of its efforts on one country currently. DASH in Venezuela Ryan Taylor, CEO of Dash Core Group, told Business Insider that his team has seen a rise in Dash Wallet downloads in Venezuela within the last couple…
A Canadian body called The National Research Council of Canada (NRC) announced on Monday, August 20th, that it has built an Ethereum blockchain explorer. The NRC manages a Canadian-government-funded research program named the Industrial Research Assistance Program (IRAP) and it is this program which is hosting its own Ethereum blockchain explorer. Ethereum Blockchain Explorer IRAP has implemented the blockchain-based…
Currently, every blockchain-based company is competing to build a network big enough to futureproof itself and build resilience for the volatile road ahead. The network effect doesn’t just span blockchains and cryptocurrencies themselves, but also the exchanges on which these assets are traded. In an ever-expanding industry, building a strong and wide network of users…
