63 games down and one more to go. Earlier, the Crypto World Cup third-place match took place, and, after a middling match, Satoshi Nakamoto secured the title of third place. Some argue that the third-place game in the Crypto World Cup means nothing; after all, it’s not like the winning crypto player gets a bronze…
In the latest lawsuit against the firm, a private investor alleges that Ripple have conflated the XRP token with the Ripple transaction technology, making them guilty of both price manipulation and illegally trading securities. Filed in the state of California, the plaintiff David Oconer claims that XRP has “all the traditional hallmarks of a security”, without…
Augur (REP) is a decentralized prediction marketplace that is designed to forecast, and communicate, the outcome of an event based on a majority consensus principle. The above is an example of an Augur market. a user can either set up an event, or, if it exists already, directly participate in it. It is very important…
India: An Indian official has redacted the government’s “official” blanket ban on cryptocurrencies, saying “I don’t think anyone is really thinking of banning it (cryptocurrencies) altogether”. Instead they could be classified as commodities, the official told Quartz. In April, the Reserve Bank of India (RBI) issued a mandate to banks to cease facilitating services to customers involved…
Cryptocurrency trading has always been fundamentally different from traditional finance in lots of ways. It’s more inclusive, easier to make big and quick gains, has lower barriers to entry, and doesn’t require huge startup costs. Maybe these are the reasons why crypto has been so fiercely and constantly undermined by the elitist financial class ever…
The cryptocurrency market trades globally 24 hours a day. Anyone who has been watching the price of Bitcoin understands the price moves very fast. Realize that people are always driving the price changes, and people are not always rational, not always emotional, but are rarely random. Since people are driving the price, the price patterns…
The King has left the hedge fund building. Now, Steven Cohen, otherwise known as the ‘Hedge Fund King’, has entered the world of cryptocurrency. Yes, the headlines are true: Steven Cohen invests in a crypto hedge fund. Steven Cohen Invests in Crypto Hedge Fund Cohen, a Billionaire investor, is still technically involved in the hedge fund…
ICO scams: The ICO advisory firm, Statis Group, just announced its recent study that showed that nearly 80 percent of initial coin offerings (ICOs) held in 2017 were scams. The study took into account the lifecycle of ICOs, from the initial proposal of sale to the most mature phase of trading on a cryptocurrency exchange. The study…
OKCoin in California: OKCoin, an international cryptocurrency exchange, just announced that it has launched a branch within the US market offering cryptocurrency trading services between USD and several cryptocurrencies. According to the company’s website, the crypto exchange has already launched in California and is working on getting its services approved in other states. Each state has…
Litecoin joins TokenPay: Two days ago, the Litecoin Foundation announced that it had entered an extensive strategic partnership with TokenPay and acquired nearly 10% of the German bank WEG Bank. I’m excited to announce that @LTCFoundation and @TokenPay have entered into a strategic partnership to buy a stake in a German bank, WEG Bank AG.…
