TenX, a company which aims to make virtual currencies spendable anywhere with its mobile wallet and linked debit cards, has recently encountered some problems. To clarify the situation and reassure its customers, TenX co-founder Julian Hosp revealed some information about company's future. … [Read more...] about TenX to partner with new debit card issuer
Crypto news in brief (January 28, 2018): Coincheck, Robinhood, Katy Perry
About $500 million worth of XEM was stolen from Coincheck. Robinhood will provide access to cryptocurrency trading. Katy Perry shares cryptocurrency nail art. … [Read more...] about Crypto news in brief (January 28, 2018): Coincheck, Robinhood, Katy Perry
Leading investors take heed of Telegram
Leading investors from the Silicon Valley have taken interest in Telegram’s ICO. Venture capital funds Kleiner Perkins Caufield & Byers, Benchmark Capital and Sequoia Capital expressed desire to put in $20mln each. During its campaign to develop a new blockchain platform and launch cryptocurrency Telegram plans to raise $1.2bln. … [Read more...] about Leading investors take heed of Telegram
Crypto news in brief (January 25, 2018): Coinbase, FC Arsenal, VersaBank
Coinbase topped $1 billion in revenue in 2017. London-based football club Arsenal will promote cryptocurrency. VersaBank will offer digital deposits service. … [Read more...] about Crypto news in brief (January 25, 2018): Coinbase, FC Arsenal, VersaBank
Australia to develop cryptocurrency backed by gold
The Perth Mint, Australia’s biggest precious metals refiner, is developing its own cryptocurrency backed by gold and other precious metals to lure investors to buy gold again. The mint produces nearly 700 tons of gold annually. The move comes as investors rushed after cryptocurrencies channeling investments away from precious metals. By creating new digital money, the agency … [Read more...] about Australia to develop cryptocurrency backed by gold
Davos participants believe in blockchain
With the World Economic Forum taking place in Davos, a number of participants have expressed enthusiasm about the blockchain technology, but remained sceptical about cryptocurrency. … [Read more...] about Davos participants believe in blockchain
Crypto news in brief (January 23, 2018): Nordea, bitFlyer, South Korea
Nordea forbids employees from investing in cryptocurrencies. Japanese bitcoin exchange bitFlyer comes to Europe. South Korea bans anonymous cryptocurrency trading. … [Read more...] about Crypto news in brief (January 23, 2018): Nordea, bitFlyer, South Korea
Investors are hunting joke cryptocurrencies
Regulators have warned investors about risks of new mushrooming cryptocurrencies. Despite warning signals, investors are diving in, even if such tokens are named after a popular internet meme or contain words like ‘useless’ in their title. A demand for cryptocurrencies that meant to be a joke highlights how overvalued and risky these currencies have become, some analysts say. … [Read more...] about Investors are hunting joke cryptocurrencies