Month: June 2017

NEM.io Foundation Unveils US$40 Million Global Expansion Plan

The NEM.io Foundation, the creator of the NEM blockchain platform, has planned to spend US$40 million in the year to come to fuel global expansion, the organization said today. US$5 million will be allocated towards supporting blockchain companies incubated in the Blockchain Center. Scheduled to open in August 2017, the 10,000-square-foot Blockchain Center will be located …

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New Trading Platform Taps Into Ethereum-Based ICOs Craze

US-based startup Ambisafe has unveiled its newest development, Orderbook, a venture operating a trading platform for Ethereum-based initial coin offering (ICO) tokens. The new trading platform, which is currently available in alpha version, aims to streamline operations and ensure transparency for both ICO founders and traders. It seeks to tap into the craze surrounding ICOs, …

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New Ethereum-Based Decentralized Cryptocurrency Exchange Aims to Improve Security and Transparency

Hong Kong’s Open ANX Foundation has unveiled openANX, a project aimed at building a new decentralized cryptocurrency exchange and trading platform built on the Ethereum blockchain. The open source, decentralized exchange platform promises both the liquidity of a centralized exchange and the security and transparency of existing decentralized exchanges. “Up until now, the cryptocurrency trading …

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Former Mycelium Employee Quit After Token Sale Funds Were Used for ‘Vacation’

On a recent episode of The Crypto Show, Daniel Krawisz, who previously worked as a backend developer at Mycelium, shared some of the issues he perceived with the bitcoin wallet provider’s token offering from last year. Mycelium’s initial coin offering (ICO) was designed as a way to offer shares in their bitcoin wallet to their …

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Lightning Network Developer Explains What Happens If SegWit Isn’t Activated on Bitcoin

Segregated Witness (SegWit) and the Lightning Network have often been associated with each other because SegWit would enable an improved version of the Lightning Network to exist on Bitcoin; however, the enhancements SegWit brings to the Lightning Network are not entirely clear to many Bitcoin users. During the Q&A portion of a recent presentation at …

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Israeli Startup Colu Launches Second Local Digital Currency in the UK

Colu, a startup headquartered in Tel Aviv that develops localized digital currencies based on blockchain technology, has launched its second currency in the UK, the Local Pound, East London. The launch follows the introduction in late-2016 of the Local Pound, Liverpool, which has allowed 16,000 residents to make purchases at local businesses including restaurants, fitness …

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Bitcoin Now More Likely to Get SegWit Before August 1st to Avoid Chain Split

The discussion around scaling Bitcoin has continued into the summer months of 2017, with BIP 148 and SegWit2x now the two most talked about proposals. A key similarity between these proposals is that they both intend to activate the Segregated Witness (SegWit) improvement; however, up to this point, the way in which SegWit would be …

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Blockchain Project Bancor Raises Record US$153 Million In ICO

Blockchain project Bancor has raised a record of US$153 million in an initial coin offering (ICO). 396,000 ethers, the native cryptocurrency of the Ethereum network, were collected in less than three hours with participation of notorious venture capital firms and investors including Blockchain Capital, and Tim Draper of Draper Fisher Jurvetson. Cryptocurrency and blockchain assets …

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CryptoPing announces subscription-based services & adds trading analysis of Yobit exchange.

CryptoPing’s new subscription-based services will be available soon after the ICO ends. The main advantages of subscription over free tier are: Immediate signal delivery More data in signals Availability of whitelists, blacklists and other ways to filter coins Signal sensitivity personalization Signal frequency personalization History of signals and price performance for each coin in a …

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The Future Of Bitcoin Conference Unveils Speaker Lineup And Agenda

The Future of Bitcoin, a conference taking place on June 30 and July 01, 2017, in the Netherlands’ infamous “Arnhem Bitcoin City,” has unveiled its speaker lineup and agenda for the two-day event. Conference speakers come from Russia, Poland, France, Italy, Norway, the Netherlands, China, Canada, the US and Argentina and represent the global Bitcoin …

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Singapore Central Bank Uses Ethereum to Digitalize National Currency

The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, has released a new report detailing Project Ubin, an initiative triggered last year aimed at developing a tokenized form of the Singapore dollar (SGD) on a distributed ledger. “Project Ubin: SGD on Distributed Ledger” report, via MAS Project Ubin began in November …

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Supercomputer Organized by Network Mining (SONM) announces ICO

Platform lets miners anywhere in the world join fog computing networkrnNew York, New York, May 17, 2017 – SONM (Supercomputer Organized by Network Mining), the universal fog supercomputer powered by blockchain technology, has announced its Initial Coin Offering, commencing June 15, 2017 and concluding July 15, 2017. By modifying the algorithms behind conventional cloud and …

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BTC.com Integrates With Kraken Direct To Enable In-Wallet Bitcoin Purchases

BTC.com, a Bitcoin wallet owned by Chinese Bitcoin firm Bitmain Technologies, has announced a new partnership with US-based cryptocurrency exchange platform Kraken to offer an in-wallet buying option. Bitcoin purchases will be handled by Kraken Direct, formerly known as Glidera, a service Kraken acquired in December 2016. Kraken Direct allows for one-click purchases and sales …

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Colored Coins Introduces Open Source Banking Solution Bankbox; Announces Refocus, Rebrand Push

Colu, an Israeli blockchain startup and one of the developers of the Colored Coins protocol, has announced the open sourcing of Bankbox, a new solution for digital currency issuers. Bankbox is a wallet application for digital currency issuance and management that allows users to provide asset verification credentials, issue digital currencies, track assets, and manage …

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EthLend gives pre sale tokens for Ethereum enthusiasts for the helping hand

EthLend gives pre-sale tokens for Ethereum enthusiasts for the helping hand EthLend is about to change the lending market globally. Currently, interest rates for secured loans (such as property-backed loans) are varying from country to country. Europeans might pay 0.5-5 percent interest rate on home loans. On the other hand, inflation-adjusted interest rate might get …

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The Future of Bitcoin Conference Comes to Arnhem Bitcoin City

Arnhem, The Netherlands, June 01, 2017 – The Future of Bitcoin Conference 2017, taking place in the Netherlands’ famous Bitcoin-friendly city of Arnhem, will bring together developers, researchers, companies and enthusiasts from all around the world to discuss and share knowledge on the state of Bitcoin and present the hottest projects currently in development. The …

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