Transaction or “trade mining” is the latest form of rewards that exchanges have been furnishing on their customers – a form of rebate where a customer earns (mines) the native token of the exchange purely by placing trades. Brave New Coin has dropped exchanges involved in this potentially volume manipulative practice from the exchange-weighted pricing…
ICON (ICX) is an interchain network that connects multiple blockchains, with separate governance and operations, together without the need for an intermediary. In this sense, while it has often been called ‘Korea’s Ethereum’ (likely because of its capabilities to host Dapps and its connections to real world businesses), it is more comparable to blockchain projects like Hyperledger and Aion.…
On Sunday, July 15th, 2018 a new account emerged on Crypto Twitter under the handle @Shillexed and the “ShillExed” name. Within 48 hours that account had gained over 5,000 followers. This account claims to be “dedicated to exposing those who do not disclose their paid shills” which is another way to say, they will attempt…
What’s going on with Bitcoin? Yowza. Last week was an impressive week for the coin but today saw it exceed itself by packing on a massive 10% in gains. Other cryptos are experiencing astronomical growth too; EOS is also seeing a 10% hike this week. But Bitcoin, in particular, is out front in a league of…
UK blockchain: With its latest moves in the crypto space, the UK is well-placed at becoming a global leader in blockchain technologies. According to the group analysis by DAG Global, Big Innovation Centre, and Deep Knowledge Analytics, Great Britain has all the required resources to become a global hub for blockchain technology by the year…
Fintech startup Stronghold has created a new stablecoin token dubbed the ‘Stronghold USD’ and it has received support from IBM. The token is launched on the Stellar network. Stronghold is the first ever stablecoin to use the Stellar network and is reportedly backed by the US dollar at a 1:1 price ratio. IBM and Stellar…
Robinhood adds Dogecoin: It was all smiles yesterday when Robinhood, a stock trading app, revealed that it added Dogecoin to its platform. But behind the scenes, some are unsure of this event. Foes say Dogecoin is a parody cryptocurrency. Moreover, they say that because Robinhood supports less than ten digital currencies, many believed the company to…
Coinbase lists securities: The most popular cryptocurrency exchange platform in the United States, Coinbase Inc., just received the green light from the US Securities and Exchange Commission (SEC) to list digital tokens that have been deemed as securities. Coinbase was given the approval by the SEC and the Financial Industry Regulatory Authority to purchase Digital Wealth…
In today’s edition of Crypto Daily News, we will cover Block.one receiving funding from top execs at PayPal and Bitmain, IBM teaming up with Columbia to launch a Blockchain Research Center, and the airplane maker, Boeing, using blockchain technology. Crypto Daily News: June 17th, 2018 Block.one Gets Funding EOS developer Block.one has secured investments from…
Back in January 2018, Spotlite USA showcased a new Bitcoin miner called the KashMiner. The company also claimed that it was a licensee of camera maker Kodak. But now, Spotlite has officially halted operations and has since denied any ties to the brand. But what’s going on? Spotlite: Bad Business or Scam? There were two major signs that…
