Category: Cryptocurrencies

85 Percent of Developers Can Alter Their Cryptoassets’ Protocol, Research Shows

Cryptocurrency tracking resource CryptoCompare’s recent study has shown that 85 percent of crypto assets allow development teams to alter their platforms. The report was published Wednesday, Oct. 17, on CryptoCompare’s website. To create the report, CryptoCompare reviewed hundreds of crypto and blockchain projects, with experts detecting a tendency towards centralization set by utility tokens that […]

Paxos Says It Has Issued $50 Mln of Recently-Launched Dollar-Backed Stablecoin

Blockchain Trust company Paxos has issued around $50 million worth of its recently launched U.S. dollar-backed stablecoin, according to a Tweet from a senior employee October 15. As previously reported, the Ethereum (ETH) blockchain-based stablecoin, dubbed Paxos Standard Token (PAX), sealed regulatory approval from the New York State Department of Financial Services (NYDFS) in early […]

TRON to Partner with ‘China’s Google,’ Baidu

The team of cryptocurrency project TRON (TRX) has reportedly partnered with China’s largest Internet search provider Baidu. Crypto market news service Coinness has claimed this in a tweet Thursday, Oct. 11, citing its private correspondence with TRON’s team. Neither TRON nor Baidu have been able to confirm the partnership to Cointelegraph as of press time. […]

US Regulator Issues Cease and Desist Orders Against Three Crypto Promoters

North Dakota Securities Commissioner Karen Tyler has issued cease and desist orders against three firms for allegedly offering unregistered and fraudulent securities in the form of Initial Coin Offerings (ICOs), according to an announcement published Oct. 11. The companies at the center of the orders are Crystal Token, Advertiza Holdings (Pty) Ltd., and Life Cross […]

Coinbase Launches First ERC-20 Token on Platform

Leading U.S. cryptocurrency exchange Coinbase has started listing 0x (ZRX) token, according to an announcement published Oct. 11. The move marks the first time Coinbase has added support for an ERC-20 token. ERC-20 tokens are tokens developed and used solely on the Ethereum (ETH) platform, where ERC stands for Ethereum Request for Comment, and 20 […]

Research: $20 Billion Raised Through ICOs Since 2017

Initial Coin Offerings (ICOs) have raised $20 billion since the start of 2017, which is $18 billion more than the previous year, according to a recent study by financial research firm Autonomous Research. The study dubbed “Crypto Utopia” explores the cryptocurrency industry over the past year, focusing on ICOs and the regulation to which they […]

Markets Trade Sideways, Bitcoin Touches $6,600 Earlier Today

Tuesday, Oct. 9: Crypto markets keep trading sideways, with almost all top 20 coins by market cap in the red after seeing some growth yesterday. Market visualization from Coin360 Bitcoin (BTC) is slightly down around 0.3 percent today, trading at $6,627 at press time. During the day, the major cryptocurrency dipped two dollars below the […]

Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry

Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions. CNBC’s CryptoTrader host Ran Neuner commented on Twitter today that all of this week’s “good news” – such as retail […]

Circle Acquires Crowdfunding Platform and Broker-Dealer SeedInvest

Cryptocurrency finance company Circle Internet Financial Ltd. has acquired equity crowdfunding platform and broker-dealer SeedInvest, according to an announcement published October 5. Exact terms of the transaction were not disclosed. New York-based SeedInvest was founded in 2012 as a startup investing platform. Since then, the company has reportedly raised capital for 220 firms through more […]