According to estimates, calculated by Bloomberg, the top ten cryptocurrency exchanges are bringing in as much as $3 million per day in profit. Considering that cryptocurrency did not even exist until 2009, profit at that level is absolutely astonishing compared to the historical development of other industries. It is easy enough to understand how cryptocurrency exchanges […]

The creation of a Chinese “International Blockchain Investment Development Center” announced earlier this month has been cancelled due to the legal technicalities of setting up branch offices, according to a document published on the Investment Association of China’s (IAC) website yesterday, March 27. The document, stamped March 23, writes that social organizations cannot “set up […]

The controversial debate with blockchain and cryptocurrency has been affecting this new market for the good, the bad and the ugly. More than ever, crypto giants including Bitcoin, have been fighting their way through stormy weather cringing from the blows. Yet a newcomer on the block, Lendo, a London based fintech start-up, has been sailing through with […]

China’s central bank realized the first of what will likely be many Blockchain implementations in the form of the Blockchain Registry Open Platform (BROP), released Monday, March 26. Unveiled at the Global Financial Science and Technology Summit in the city of Hangzhou, BROP is an open Blockchain protocol developed by the Zhongchao Blockchain Research Institute. […]

LYM token holders will now be shareholders of the Lympo Company. The company has announced that starting April this year, it would distribute 20% of its shares via equity options to the token holders. Lympo plans to distribute 20% of the company shares to its token holders. According to the company, the shares will be […]

A new social media app powered by Blockchain is vowing to turn procrastination into profit by incentivizing users for creating and liking content– rewarding social media users for their time and creativity spent online. APPICS is going to be established as one of the first Smart Media Tokens (SMT) on the Steem Blockchain, where the concept of transforming […]

In what is being perceived as a step in the right direction, Chancellor Philip Hammond has announced the creation of a special cryptocurrency task force that will look to regulate and foster crypto innovation within the UK. As part of his speech at the second annual International Fintech Conference in London, Hammond said that the new task […]

If you’re about to start your funding cycle with an ICO or have finished one recently, attending multiple crypto conferences across the planet is important to promote your company and coins in order to get in front of the right investors. But you have to be prepared to do your homework to ensure that you attend only the […]

Criminals are switching to hijacking victims’ computers to mine cryptocurrency With the rise of the blockchain technology, we have seen the birth of a new type of cybercrime – crypto-jacking. In Sweden, this new scheme is currently enjoying a worrying growth as more and more electronic devices are getting attacked by hackers, reported TheLocal.se. However, the pace at […]

Make no mistake, the crypto compliance shakeout has started. An average of $9m a day is being lost through hackers and scam projects and regulators have had enough. The wall of recent SEC subpoenas and on-going regulator attention will massively increase the focus on ICO projects over the coming year. Projects not able to demonstrate […]