Investments

Bitcoin Price Drops to Within $100 of 2018 Low

2 days ago admin2 0
The price of bitcoin fell to its lowest point since February today. As of press time, the leading cryptocurrency’s price went as low as $6,063, according to CoinDesk’s Bitcoin Price Index (BPI), a significant drop considering the day’s opening price of $6,717.20. The near-$700 decline (which saw prices decline roughly 10 percent) effectively brought bitcoin to Read More

IOST Blockchain Incubator Launches With $50 Million Fund

3 days ago admin2 0
Bluehill, a startup incubator for global blockchain projects, launched on Thursday after raising $50 million to support the IOST blockchain ecosystem. The firm said in a release that it is now taking in applications from startups on a rolling basis and on average invests $500,000 into a project with “both seed investments of $100,000 and Read More

This $575 Million ICO With Royal Backing Is So Crazy, It Might Be Real

4 days ago admin2 0
Crypto loves Lamborghinis. So much so it seems that a startup looking to release movies – early offerings include a biopic about the founder of the car company and his feud with the founder of Ferrari – has raised a whopping $575 million off its private sale of TTU crypto tokens from investors including BlockTower Capital and Read More

Cheetah’s New App Lets Crypto Investors Track Portfolios on the Go

4 days ago admin2 0
Cheetah Mobile, a Beijing-based app developer, announced on Thursday that it’s releasing an app aimed to make it simpler for investors to monitor their cryptocurrency portfolios. Dubbed Coin Master, the mobile app – available for both iOS and Android – will track the real-time prices of cryptocurrencies on over 100 exchanges and automatically calculate overall losses Read More

BitTorrent Has ‘No Plans to Change’ After $120 Million Tron Acquisition

5 days ago admin2 0
Peer-to-peer file sharing service BitTorrent seemingly pushed back against claims it would begin using cryptocurrencies after being acquired by the Tron Foundation. In a statement posted to its website Tuesday, BitTorrent wrote that the company has “no plans to change” its business model and will not charge fees for any of its services. Further, the Read More

Felines to Futbol: NFTs Are Crypto’s Hottest New Buzzword

1 week ago admin2 0
The World Cup may be completely analog, but don’t tell that to crypto developers. Soft launching now, a new company called CryptoStrikers is entering the so-called “crypto collectibles” market with tokens commemorating the stars of this year’s World Cup. The thing is the tokens it’s offering aren’t the same you’ll see listed on a popular Read More

Quantstamp Defends QSP, Says Dollars, Ether Accepted Out of ‘Necessity’

1 week ago admin2 0
A week after Quantstamp community members began accusing the smart contracts auditing startup of undermining the value of its $65 million token, the company responded with a statement on Thursday. As previously reported by CoinDesk, for at least the past week, Quantstamp token holders have been alleging that the company misled them by accepting U.S. Read More

AlphaPoint Raises $15 Million In First Major Funding Round

1 week ago admin2 0
Crypto services company AlphaPoint successfully raised $15 million in its first major round of venture capital funding, the firm announced Thursday. AlphaPoint raised the funds through Mike Novogratz’s Galaxy Digital, the self-described cryptocurrency merchant bank. Chief executive Salil Donde said Galaxy Digital managing director Greg Wasserman is also joining his firm’s advisory board to provide Read More

Crypto Tycoon May Sue Over 30,000 Bitcoin Debt ‘Defamation’

2 weeks ago admin2 0
A Chinese entrepreneur who recently made headlines by announcing his plan for a blockchain “Uber”, may have got himself in legal hot water over his claims about a bitcoin tycoon, also from China. Chen Weixing notably made a number of accusations in a WeChat post on June 9, taking aim at Li Xiaolai, a successful Chinese Read More

Thailand’s SEC Expects to Approve 5 ICOs This Month

2 weeks ago admin2 0
Thailand’s securities regulator is reportedly expecting to approve five initial coin offerings (ICOs) later this month. According to the Bangkok Post on Wednesday, the Thailand Securities and Exchange Commission (SEC) has said that, while 50 ICOs in the country are currently applying for regulatory approval, five of them are already in a position to move ahead. Read More