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German blockchain startup Bitwala launches all-in-one Bitcoin banking platform

Bitwala, a German blockchain-based startup, has announced the launch of an all-in-one platform for banking with Euros, as well as buying and selling bitcoin. With a quick set-up via video verification, the new app will enable users to start banking and trading Bitcoin within minutes. A national identification card, including valid address proof, is required...
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Crypto-exchange Bitbns launches trading services in the UAE using AED

Noted cryptocurrency exchange, Bitbns, is in the news after it announced yesterday that traders in the UAE would be able to buy and sell on the platform using AED (United Arab Emirates Dirham). We know you all have been waiting for this moment for so long; so have we. Today, our efforts have come to...
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Ethereum DeFi project announces new TokenSet, 50 Day Moving Average strategy

Set Protocol, an Ethereum DeFi project, has announced that it will be deploying their own 50 day moving average strategy. It is designed to rebalance when the price crosses the 50 SMA technical indicator, and it does so automatically. The strategy involves selling into the USDC stablecoin during an economic downturn and ETH buyback during...
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Tron community rejoices after token gets listed on IDAXpro

The news of Tron CEO Justin Sun’s much-awaited lunch with Warren Buffett created a lot of waves within the Tron community today after it was revealed that it is still on its course. Another positive development is that TRX got listed on IDAX exchange, a move which will boost the token’s presence in the market....
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Crypto-friendly travel platform adds Monero to its host of crypto-payment options

The twelveth largest coin by market cap in the cryptocurrency market, Monero is well known for its privacy and anonymity features. The coin was recently in the news after being listed on Binance’s margin trading platform. In more good news for the privacy coin’s active community, Monero [XMR] was added as a payment option on...
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Billionaire-backed firm to invest $1 billion towards the development of a dedicated crypto-platform

2019 has been largely considered as a breakthrough year for the cryptocurrency market, largely because it was poles apart from the bearish crypto-winter that preceded it. Investors are flocking into the industry, with the virtual asset ecosystem starting to gain attention from financial institutes. At press time, it was being reported that a major management...
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Ethereum Classic Labs introduces EVM-LLVM to its ecosystem

Ethereum’s performance in the DApp space has dropped over time, despite the fact that users were bound to rely on Ethereum’s Solidity to build DApps. In spite of it being a prominent smart contract programming language, users have often had issues with the platform. In order to up its DApp game, Ethereum Classic Labs, the...
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Ripple’s Ryan Gaylor boasts about XRP’s volatility against fiat during FiNext Conference USA

During the FiNext Conference in USA, Ripple’s Director of Corporate Payments, Ryan Gaylor, claimed that bank coins like JP Morgan’s do not fix the ailing issue of centralization as opposed to XRP, reported VisionaryFinanc. This statement came up when Gaylor was discussing Ripple’s partnership with Santander. Santander Group, a commercial bank “has been planning for...
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Stellar upgrades Horizon to the more developer-friendly and consistent v0.20.1

Stellar Lumens [XLM] currently stands as the world’s tenth largest cryptocurrency by market cap. At the time of writing, XLM was valued at $0.0629 with a market cap of $1.24 billion. While the price of the coin has fallen since the beginning of the year, it recorded a 1.17% increase in price over the last...
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Crypto-jacking activities, ransomware attacks on the rise, claims McAfee Labs report

The latest McAfee Labs report brings to light significant research on the ever-increasing threat of ransomware and the new family of emerging ransomware. In the first quarter of 2019 itself, the number of ransomware attacks rose by 118% while there were several new classes of ransomware detected as well. The investigation also found out that...
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BitDeer.com’s success is based on consistent transparency to customers

On August 29, the world’s leading computing power-sharing platform BitDeer.com announced that it has reached over 2 Million Unique Visitors for the month of August. This shatters the previous record of 1 million unique visitors by more than double. Celine Lu, CEO of BitDeer.com and influential blockchain thought-leader has said, “BitDeer.com’s growth shows that reliable...
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Bitcoin used for purchase of illegal drugs as Chinese law enforcement tightens clampdown

According to local media news reports, police officers in the customs department of China’s northeastern province, Jilin, have recently stopped a cross-border deal involving drugs paid for by using Bitcoin. According to the customs officers, buying drugs with cryptocurrencies has become a new trend and poses many difficulties to Chinese law enforcement agencies. On 16...
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Pantera CEO announces 4 new blockchain projects

Pantera CEO, Dan Morehead, highlighted 4 upcoming projects to research blockchain scalability and interoperability in their newsletter. They aim to spark further adoption and use-cases of blockchain technology. Progress in blockchain technology is often taken for granted, while developers work every day toward removing bottlenecks holding back mass adoption and scalability. Using decentralization against legacy...
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Tron weekly report highlights growing TRX transfers and development of block explorer for Sun Network

TRONSCAN, a blockchain browser for TRON community announced its support for the Sun-network, where it would be developing a block explorer for the Sun Network’s Dapp chain. The block explorer will be integrated into the TRONSCAN according to the latest TRON weekly report posted by TRON Japan. Check out the weekly report made by @TRON_JPN...
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Bitcoin mining farm in Canada registers massive revenue growth of 262% in Q2 of 2019

Hut 8, one of the largest public Bitcoin mining farms by operating capacity, has released its financial report for the second quarter of 2019. The mining firm recorded a tremendous surge in its net profit and overall revenue for Q2, with the net profit for the firm reaching $33.7 million Candian dollars while the overall...
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1irstcoin LLC: World’s leading application for cryptocurrency trading

Disclaimer: This a paid post, and should not be treated as news/advice. The problem with trading and acquiring cryptocurrencies is well known and always presents itself as follows, “Where can I purchase crypto currencies safely, quickly, and easily, and above all, at a reasonable price?” The practice turns out then with their answer mostly difficult,...
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Binance expands its margin trading platform with the addition of Monero, NEO

Malta-based cryptocurrency exchange, Binance, has been in the news all month for a host of reasons. The exchange had a rough beginning to the month after the exchange’s old KYC data was leaked on a Telegram group. However, the exchange has managed to keep the community informed with a series of positive developments in its...
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XRP Ledger sees more than 105 transactions per second

The decentralized cryptographic ledger and the house of Ripple’s native cryptocurrency,  XRP Ledger index 49624361 contained 370 transactions and the closing time for the ledger was just 3.5 seconds in the early hours of 28th August. The total fees for the transactions executed was 26.27 XRP. This event was tweeted by a Twitter user called...
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OKEx envisions more financial inclusion between traditional financial market and crypto market, claims Andy Cheung

Currently employed methods used by traditional financial system make it difficult for the system to maintain records effectively and efficiently. In light of the same, OKEx aims to simplify the entire process by integrating the platform with blockchain technology. OKEx aims to fill the gap in a cost-effective way. With a wider user base, OKEx...
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BitTorrent announces internal testing of social streaming platform

Tron-backed BitTorrent grabbed the attention of the crypto-community yet again after it announced the internal testing of its live social streaming platform. Testing will be carried out in the present quarter by combining blockchain technology with a community live streaming application. This new feature will empower users by connecting them with others at a global...
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Digitex Futures Is Ready To Unleash

Disclaimer: This a paid post, and should not be treated as news/advice. It’s all happening in the crypto-derivatives market right now. Hot on the heels of the news that Bakkt will launch its institutional futures platform in September, Digitex Futures has now confirmed that it will launch its zero-fee retail futures offering on the public...
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Bitmain orders 600,000 mining chips; purchase may drive valuation to $12 billion

According to a recent update on the Chinese social media network WeChat, a source close to the chip-manufacturing firm, Taiwan Semiconductor Manufacturing Company, revealed that Bitmain has reportedly placed an order for 600,000 mining chips. If true, this hige bid is likely to bring in huge profits for Bitmain. Interestingly, this batch includes the latest...
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“Diversity Meets Tech Innovation”: Moinworld e.V. starts third blockchain conference in Hamburg

Disclaimer: This a paid post, and should not be treated as news/advice. The non-profit association Moinworld e.V. invites the blockchain community to the Moinblockchain conference 2019 in Hamburg for the third year in a row. The event under the motto “Diversity meets tech innovation” will take place on October 18th at the innovation campus of...
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AI &; BLOCKCHAIN SUMMIT – The biggest conference venue of 2019 as a part of mart city world congress in Barcelona

InnMind, the first global business ecosystem for innovation driven community, becomes a host for the 3rd edition of the Blockchain Leadership Summit, which will form a significant part of Smart City World Congress, one of the top 10 annual global industry events. AI & Blockchain Summit at Smart City World Congress 19-21 November 2019 Gran...
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Malta-based Binance adds BCHABC, XLM to its new margin trading platform

Malta-based cryptocurrency exchange Binance had launched its margin trading services on its platform, on July 11. The Changpeng Zhao-led exchange debuted its margin trading feature with only six cryptocurrencies, namely, BTC, ETH, XRP, BNB, TRX, and USDT. However, over time, the exchange has added several other cryptocurrencies to the list. A few weeks ago, the...
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Tezos Foundation funds Japanese research lab to develop Plasma layer on Tezos

Tezos [XTZ], the seventeenth-largest coin by market cap, has witnessed rapid growth from the time of its launch. Recently, Tezos surpassed DASH and stood in the fifteenth position briefly, before falling again. The price of the coin, at press time, was falling by 3.48% over the last 24 hours. At the time of writing, the...
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Pave the way for future of fintech and cryptocurrency

BitMart Labs Will Host 2019 Block Plus Summit Series III In Ho Chi Minh City, Vietnam On September 15, BitMart Labs, an international blockchain incubator launched by BitMart, will host the 2019 Block Plus Summit Series III in Ho Chi Minh City, Vietnam. Other co-hosts are KaidiaChain, a scalable and interoperable blockchain platform for decentralized...
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TNC IT Group to commence with mergers and acquisitions in crypto market

TNC IT Solutions Group, a blockchain-based organization headquartered in Dubai, is set to commence the launch of its mergers and acquisitions [M&A] program, a first in the crypto and blockchain space. In its recent launch event held last July 2019 at the Rockefeller Center in New York, the group presented their M&A proposition as one...
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