Israel-based startup Beam is set to be the first cryptocurrency on the Mimblewimble protocol as it confirmed that the coin will be launched on January…
Posts published in December 2018
Nine Arrested in South Korea for Dealing Drugs Using Crypto
South Korean authorities recently arrested nine people charged with dealing drugs online using cryptocurrencies, according to a Korea Herald report. The Seoul Central District Prosecutors’…
Christmas Bloodbath: The Mandatory Downward Trend of Crypto
Christmas usually brings joy to the world, but when it comes to the cryptocurrency traders, this holiday is all doom and gloom. The already struggling…
Crypto Miner Ebang Re-Files for IPO Despite Weak Q3 Results
Ebang Communications, a Chinese cryptocurrency mining hardware manufacturer, has recently filed its second draft for IPO at the (HKEX) as its first application failed to…
Ripple Surges 18% as Binance Uses XRP as Base Currency
Binance, the world’s largest cryptocurrency exchange by traded value, has added Ripple’s XRP as a base currency, meaning that all the other cryptocurrencies would be…
CONSOB Warns of Avacrypto As Italy Prepares Crypto Regulation
Italy’s today issued a cease and desist notice against a lesser-known cryptocurrency firm called Avacrypto, which was just blacklisted after it was found facilitating trading in digital…
Ant Financial Bids to Acquire UK Fintech WorldFirst
Ant Financial, the payments affiliate of Alibaba Group, is in advanced discussions about a takeover of UK fintech firm WorldFirst in a move that would…
Bitmain Reportedly Sacks Its Entire BCH Client Team
Beijing-based Bitcoin mining giant Bitmain has laid off its entire Copernicus team which was working on the development of Bitcoin Cash client, according to a…
EOS Dominates China’s 34 Blockchain Project Ranking List
Center for Information and Industry Development (CCID), working under the country’s Ministry of Industry and Information Technology, has recently published the 8th issue of its…
Hong Kong Court Orders Boiler Room to Compensate Victims
A Hong Kong court has passed a recent judgment against the boiler room fraudsters and ordered the perpetrators to compensate 14 victims. The case was…