Capital consultancy Greyspark have released a report charting the changing landscape of cryptocurrency investment. As the marketplace matures, two tidal shifts are taking place: ICOs are losing popularity with retail investors, and avenues for institutional investors to enter the space are increasing. Disappointing progress, poor marketing and the proliferation of scam projects are cited in the…
Ah! Cryptocurrency. Will you ever cease to amaze investors with your volatility? When it’s bad, it can be very, very bad. But when it’s good… well, it’s confusing! Sometimes there is no real reason to see cryptos in green. Across the top ten today most coins are in the green. But why? There has been…
Ethereum (ETH) tumbled more than 40% this month, before recovering slightly over the past week on record-setting exchange volume. The market cap stands at US$21 billion, with US$1.72 billion traded in the past 24 hours. The number of transactions per day recently dropped below 500,000 for the first time since July. Pending transactions are currently…
When they first emerged, smart contracts were posed as a threat to the livelihoods of lawyers, clerks and all sorts of middlemen, now it has been accepted that in some cases they function better with some central third party overseeing the process. The latest rout in the price of ether and the anemic uptake in…
The growing popularity of crypto investments has aroused a keen interest in blockchain technologies and their possibilities. Today, blockchain is used as a generic term, and most people associate it with Bitcoin, the cryptocurrency created using the distributed ledger technology for the first time. However, the potential and scope of the application of decentralized ledgers…
Japan just received some crypto-positive news, as a Chinese blockchain company just unveiled it’s working on a yen-backed cryptocurrency. Crypto in Japan has always been widely accepted, but it is quite the opposite in China—the country went as far as to create its own cryptocurrency firewall. The South China Morning Post reported this morning that Grandshores…
Two EOS gambling platforms have been hacked in the last week. An amount totaling $250,000 USD. In the same week, another platform, EOSBet, paid out $600,000 to one user in a claimed ‘jack-pot,’ though some aren’t so sure. What’s going on? What’s with the EOS hacks? EOS Hacks The EOS smart contracts appear to be rather…
Ripple (XRP) received a serious boost this morning after news broke that Ripple Labs’ xRapid project could debut in the next month, or so. Ripple (XRP) and xRapid Sagar Sarbhai, head of regulatory affairs at Ripple, spoke to CNBC yesterday and confirmed positive movement on its xRapid platform. “I am very confident that in the…
Bitcoin (BTC) has continued to range in a tighter and tighter zone over the past few months with 30, 60, and 120-day volatility pushing yearly lows. The market cap stands at US$112.37 billion, with US$1.42 billion traded in the past 24 hours. The number of Bitcoin transactions per day has slowly increased since April, and…
In today’s edition of Crypto Daily News, we’ll cover the details of the SpaceX engineer’s new crypto exchange and what Zimbabwe’s Finance Minister said about crypto lately. Crypto Daily News: September 17th, 2018 Former SpaceX Engineer Starts a Crypto Exchange Joshua Greenwald, former SpaceX engineer, is currently the CEO of LXDX and the company just…
