New research reveals several well-known ICO projects still have no clear launch date for their native token. At least twelve Initial Coin Offering (ICO) projects that raised over $50 million in their token sales have yet to launch, new data by cryptocurrency trading platform BitMEX revealed Nov. 21. In a mailing list circular, CEO Arthur […]
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Chief Commercial Officer of global crypto payment processor BitPay, Sonny Singh, has ventured that Bitcoin could hit $15,000 to $20,000 by the end of 2019. The Chief Commercial Officer (COO) of global crypto payment processor BitPay has ventured that Bitcoin (BTC) will hit $15,000 to $20,000 by the end of 2019. The COO, Sonny Singh, […]
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The Gibraltar Blockchain Exchange is now a fully licenced provider of Distributed Ledger Technology. The Gibraltar Blockchain Exchange (GBX) has secured a license from the Gibraltar Financial Services Commission (GFSC), according to a company blog post Nov. 22. The GBX was established in July of this year by the Gibraltar Stock Exchange (GSX). The platform […]
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Swiss Federal Railways tests a blockchain-powered ID management system designed to increase the efficiency of paper-based processes. The national railway company of Switzerland has completed a proof of concept (PoC) of a “self-sovereign” blockchain-based identity management system, according to a press release shared with Cointelegraph. Swiss Federal Railways’ (SBB) product was developed by Linum Labs, […]
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Coinbase has lost a key member of its senior executive team, Bloomberg reports. The head of policy at Coinbase has left the U.S.’ largest exchange and wallet provider to work at investment giant Andreessen Horowitz, Bloomberg quotes a statement as confirming Nov. 22. Mike Lempres, who worked only briefly in the role after swapping over […]
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Chinese crypto miners are reportedly selling their mining equipment “by kilo,” as they have reached the “shutdown price” amidst the recent market crash. Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This selloff was reported by local Chinese crypto outlet 8BTC Wednesday, Nov. 21, with […]
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Norway has struck a blow to its domestic crypto mining industry by acting to end electricity subsidies for BTC mining facilities. Norway has acting to end electricity subsidies for Bitcoin (BTC) mining facilities, Norway’s largest printed newspaper Aftenposten reported Nov. 21. Until now, mining farms — in keeping with other power-intensive industries — paid a […]
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Industry experts weigh in on the leading factors behind a massive slump in the cryptocurrency markets. Over the last 10 days the cryptocurrency markets have endured a massive sell-off across the board. There are a number of reasons that have led to the highly bearish sentiments on the market but seeing red has been difficult […]
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After a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptos seeing only mild losses. Thursday, Nov. 22: after a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptocurrencies seeing only mild losses capped beneath a 3 percent range. […]
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sponsored A monetary system that has created digital currencies backed by gold and silver has struck partnerships with exchanges and retailers who are interested in its product. An “evolutionary” monetary system that uses physical gold and silver as the basis for digital currencies has unveiled a series of partnerships as it works to increase participation […]
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