Monthly Archives: August 2018

Gox Creditors Agree to $1.3Bil Repayment in BCH, BTC, No Altcoins, by Summer 2019

Mt. Gox, the defunct and disgraced bitcoin exchange (at one time the biggest in the world) is preparing a final chapter in a long, sorted ordeal. Creditors have coalesced around a repayment scheme to make victims whole. It includes what might amount to $1.3 billion in returned bitcoin cash (BCH) and bitcoin core (BTC) as early as summer of 2019. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton Mt. Gox Creditors Outline Plans for Repayments by Summer of Next Year The civil […]

More info

Ran NeuNer believes There Will Be a Bitcoin ETF by 2018 and The CEO of Arrington XRP Capital Agrees

The Bitcoin (BTC) market has had a bearish week in which the value of the token dropped over 1k to around 7000 USD at the time of writing this article. Many attribute this drop in prices to a market reaction after the SEC decided to deny the Winklevoss twins’ request for a Bitcoin ETF. Such disappointing news may be taken as a sign that the massive adoption of cryptocurrencies is not viable in the near future, discouraging institutional investments from injecting massive amounts of capital into the […]

More info

CZ: ‘We Don’t Want To Compete With Coinbase or Gemini’

ChangPeng Zhao, CEO of Binance, and better known as CZ, commented in an interview with Fortune the perspectives, and philosophy of Binance within the world of cryptocurrencies. He mentioned that from his point of view, the crypto-market has been fundamentally immature and technically volatile. This is particularly important when taking into account specific tokens and investment strategies that are not yet ready to have a practical use, but are still heavily traded in some markets: “It’s still the very early stage in dApps. Most are just proof […]

More info

Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves

South Korean exchange Bithumb has resumed deposit and withdrawal services for a number of cryptocurrencies after the recent hack. Another major Korean exchange, Upbit, has released an audit report showing more crypto and cash reserves than needed to pay customers. Meanwhile, all customer deposits at Korbit will now be held by a bank. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bithumb Resumes Deposit/Withdrawal Services Bithumb, South Korea’s largest crypto exchange, announced on Saturday, August 4, that deposit and withdrawal services for nine cryptocurrencies will be […]

More info

Mike Novogratz: For Bitcoin to Hit 10k It Needs Custody and Regulatory Clarity. After That 20k is Easy

Mike Novogratz has taken a bullish but cautious stance on the general cryptomarket. He made it clear in an exclusive interview that came out yesterday. Mr. Novogratz During the Beyond Blocks Conferences, which is being held at Korea Blockchain Week, Mr. Novogratz talked with Ran Neuner of Crypto Trader; sharing his opinions on the prices of Bitcoin and its future as a cryptocurrency, the possibilities of adoption, Bitcoin ETFs, the situation of the ICOs and his forecasts. Novogratz was confident to say that he believes that Bitcoin […]

More info

Despite Starbucks News, Bitcoin falls to $7000 – Bitcoin Talk Show #LIVE (Skype WorldCryptoNetwork)

Donate Bitcoin: 3NqhJSAikoFiYmZm3ACGzdw9Lr86ZiLT7K Support the Show: https://www.patreon.com/madbitcoins Listen to WCN Audio Podcasts: https://itunes.apple.com/us/podcast/world-crypto-network/id825708806?mt=2 Call Us LIVE! SKYPE WorldCryptoNetwork Check out the brand new http://WorldCryptoNetwork.com/ Follow WCN on Twitter: https://twitter.com/WorldCryptoNet Powered by WPeMatico

More info

Crypto Mining Firm Argo Blockchain Listed on London Stock Exchange, Raises $32 Million

Argo Blockchain, which enables users to mine crypto from home, is reportedly the first crypto-related company to be listed on the LSE. Mining firm Argo Blockchain PLC has reportedly become the first crypto company to join the London Stock Exchange (LSE), raising around $32 million for a total valuation of about $61 million, The Telegraph reports August 3. London-based Argo offers customers to the ability to mine four cryptocurrencies — Bitcoin Gold (BTG), Ethereum (ETH), Ethereum Classic (ETC), and Zcash — through their own computers or mobile […]

More info

BCH Roundup: More Developments, 687K Transactions, and Rebirth Parties

Bitcoin Cash proponents are celebrating the year anniversary of ‘Bitcoin Independence Day’ on August 1st and now into the weekend. Over the past week, quite a few bitcoiners have noticed there’s been a lot of developments, announcements, and commemorative parties within the BCH space. Also read: High Times Becomes the First IPO to Accept Cryptocurrencies Bitcoin Cash Fans Celebrate the August 1 Anniversary Into the Weekend There have been over 63,000 blocks mined since the blockchain split on August 1, 2017, and Bitcoin Cash fans have been observing […]

More info

Chinese Peer-to-Peer Economy to Exceed 20% GDP. Blockchain Community is to Follow

Sharing economy accounts for over 5.5% of jobs in China. According to Xinhua citing the National Development and Reform Commission of PRC, this segment of economy yielded the country over $333 billion. Besides, experts project this figure to grow 40% each year. However, despite the impressive figures we are unlikely to see a complete shift to the sharing economy with fiat money at its foundation. Both mechanisms have become obsolete, but we believe that the revolution will come around the moment blockchain merges with the sharing economy. […]

More info

Coinbase Custody is Eyeing Some Extremely Odd Altcoins

As is now customary for the company, Coinbase has released a list of the latest assets it’s considering. The latest batch are being mooted for its institutional platform, Coinbase Custody, and thus are for storage only at this time, though future trading cannot be discounted. The list of altcoins it’s considering is as eclectic as it is incongruous. While some selections make sense, others have left observers scratching their heads. Also read: NYSE Owner: Bitcoin Should Be in Retirement Funds, Credit Cards, Retail Stores Coinbase Prepares to Unleash […]

More info
1 2 3