According to the online media, Business Korea, the National Assembly of South Korea has proposed to allow initial coin offerings (ICOs), a popular fundraising scheme that gained popularity in 2017-2018. … [Read more...] about National Assembly of South Korea suggests making ICOs legal again
Coinbase acquires trading platform Paradex
Coinbase, the most popular US cryptocurrency exchange, has acquired Paradex, a decentralized cryptocurrency trading platform that enables users to trade ERC-20 tokens. … [Read more...] about Coinbase acquires trading platform Paradex
Crypto news in brief (May 20, 2018): Ripple, Bitcoin Cash hard fork, Bitcoin mining, MUFG Bank
- Ripple will provide investments and grants to companies, using digital asset XRP and XRP Ledger in their operating activities. - Economist Alex de Vries published a research, estimating the current total energy consumption for bitcoin mining and making a forecast for the future. - Due to Bitcoin Cash hard fork the block size increased from 8MB to 32MB. - MUFG Bank plans to … [Read more...] about Crypto news in brief (May 20, 2018): Ripple, Bitcoin Cash hard fork, Bitcoin mining, MUFG Bank
Stock exchange Börse Stuttgart to trade cryptocurrency
Börse Stuttgart is launching digital money trading via its subsidiary. The service will become available later this autumn. … [Read more...] about Stock exchange Börse Stuttgart to trade cryptocurrency
Circle raises $110 million in a new investment round, plans to issue dollar-backed cryptocurrency USDC
The Boston-based fintech company Circle, with 7 million users, closed a funding round for $110 million led by bitcoin miner and designer of ASIC chips, Bitmain, Bloomberg reports. … [Read more...] about Circle raises $110 million in a new investment round, plans to issue dollar-backed cryptocurrency USDC
Crypto news in brief (May 13, 2018): Telegram, Iran, Bloomberg, Winklevoss, UPbit, Ripple xRapid, Nvidia, Huawei
- Telegram creates its first blockchain platform service - Iranian citizens have transferred $2.5 billion in cryptocurrency - Bloomberg launches Bloomberg Galaxy Crypto Index (BGCI) - UPbit, the biggest South Korean exchange, is suspected of fraud - Ripple shares results of testing of its xRapid pilot projects … [Read more...] about Crypto news in brief (May 13, 2018): Telegram, Iran, Bloomberg, Winklevoss, UPbit, Ripple xRapid, Nvidia, Huawei
Ripple announces successful results of xRapid solution first tests
Several financial institutions participated in recent tests of xRapid platform by Ripple, a company behind blockchain solutions for payment transactions. … [Read more...] about Ripple announces successful results of xRapid solution first tests
Iranian citizens are turning to cryptocurrencies
Iranians are increasingly turning to bitcoin and other cryptocurrencies seeing how dramatically local currency rial is depreciating. … [Read more...] about Iranian citizens are turning to cryptocurrencies