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Monthly Archives: June 2018

Telegram and EOS Lead as ICOs Raise Twice the Amount Raised in 2017

ICOs rose to prominence in 2017 as more startups turned to the new crowdfunding model that bypassed tedious traditional methods. With the meteoric rise of cryptocurrencies led by Bitcoin, investors’ interest in ICOs was at an all-time high especially towards the end of the year. As with any other industry that attracts both attention and investment, governments all over the world ...

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Dozens of Decentralized Exchanges Seek to Make Their Mark on the Cryptocurrency Industry

The world of cryptocurrency exchanges will undergo some big changes. Centralized services remain popular, but decentralized solutions are gaining more traction. inDEX is an interesting list of various decentralized exchanges (DEX) on the market today.  As such, a few key statistics are worth looking into. A Booming Business for DEX The decentralized exchange ecosystem is still in the early stages ...

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New York State Thinks About Launching Cryptocurrency Task Force

The New York State Assembly in the United States is considering launching a digital currency task force to further exam cryptocurrencies and their role within New York state. The nine person task force would be tasked with delivering their findings by December 2019, if approved. The proposal study questions are the following: How many cryptocurrencies are currently traded and what ...

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imToken Migrates to Singapore to Improve its Market Position

Most cryptocurrency companies are in the midst of expanding their market presence. imToken, a popular Ethereum wallet headquartered in China, is moving to Singapore. This is part of the company’s plan to expand overseas and increase its presence in the market. The move is facilitated thanks to a new financing round from IDG Capital. A big Move for imToken In ...

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GMO Unveils Japan’s First-Ever Bitcoin Mining Rig

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Tokyo-based tech services company GMO Internet has this week unveiled the first bitcoin mining rig wholly-developed by a Japanese company. In addition to being the first bitcoin mining device developed in Japan, the B2 is also the first miner to use 7nm semiconductor chips, enabling it to ...

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XRP Price: Small Uptrend Paints Positive Market Outlook

Despite the overall negative pressure across all cryptocurrency markets, it seems RIpple’s native currency is going through some positive momentum. The XRP price has risen to $0.66 once again thanks to a very small increase over the past 24 hours. If this trend continues, the XRP price may reach $0.7 later this week. A Small XRP Price Gain Materializes Given ...

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Crypto in May – a SimpleFX Overview

Below you can find an overview of what happened in May in the world of cryptocurrencies – brought to you by SimpleFX CFDs trading platform. Whether you took some time off following the news and you’d like to catch up, or you just want to go over last month’s highlights, this article is for you. It is always uplifting to ...

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Denmark Joins EU Blockchain Partnership, Plans to Implement Tech in Shipping

Denmark has signed a declaration to join a total of 24 European Union member states that support pan-EU blockchain standards and solutions, local news outlet Finans Watch reported June 4. The EU blockchain partnership was formed on April 10 as part of the European Commission’s Digital Day with the intention of enhancing cooperation among member states for developing blockchain tech. ...

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Bitcoin Price Watch: Currency Falls to $7,400

The $7,400 – $7,600 range is proving difficult for the king of crypto to handle. Bitcoin is struggling to maintain its ground in the mid $7,000s, and has again fallen $200 below where it was trading during yesterday’s afternoon hours. This position had previous been held for roughly two days, and it was widely wondered whether bitcoin would be able ...

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