Home » Author Archives: admin (page 10)

Author Archives: admin

‘Sh*tcoin’ Ethereum Price Will Fall Below $100: BitMEX CEO

When Arthur Hayes has an opinion, he doesn’t tend to mince words. The BitMEX CEO and noted pot-stirrer stayed true to form on Tuesday when using a few, err, colorful illustrations, he predicted that the ethereum price is on track to plunge to double-digit price levels. Writing in BitMEX’s “Crypto Trader Digest,” the exchange operator’s semi-regular newsletter, Hayes argued that ...

Read More »

Reality Shares Will Join Increasingly Crowded Bitcoin Hedge Fund Arena, Says Source

California-based asset manager Reality Shares has become the latest competitor in the Bitcoin hedge fund space, an anonymous source told Business Insider August 15. Reality Shares, which became known in the cryptocurrency space this year after launching the first Chinese blockchain ETF in June, has reportedly already attracted $25 million for the fund. Capped at $100 million, the multi-strategy fund ...

Read More »

China and South Korea Pledge More Money to Blockchain Research

South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. As part of its plan to spearhead innovative growth, the government will invest $4.4 billion in eight sectors which it views as critical for the development of the ...

Read More »

Japan’s Messaging Giant LINE Sets Up $10 Million Hong Kong Blockchain Venture Fund

Japanese social messaging app LINE announced the creation of a $10 million blockchain venture fund Wednesday, August 15, as part of its expansion into the cryptocurrency market. Launched via Hong Kong-based subsidiary unblock corp., the fund contains funds from fellow LINE sister outfit LVC Corporation. “Additionally, unblock ventures’ token fund is expected to expand in the future, according to the ...

Read More »

‘It Will Take Time’ for Wall Street to Make Crypto Jump

Crypto exchange Gemini CEO Tyler believes “it will take time” for the majority of Wall Street to enter the cryptocurrency sector. The Winklevoss brothers also said they won’t be slowing down anytime soon after the Securities and Exchange Commission (SEC) rejected their proposal for a Bitcoin ETF recently, speaking in a Bloomberg interview. It’s been a tough period for the ...

Read More »

Paycent Allows Seamless Dash-to-Fiat Exchange, Increases Merchant and Consumer Availability

Paycent, the financial payment platform based out of Singapore, has released a development news update, which includes their ongoing partnership with Dash to allow seamless Dash-to-fiat exchange to allow purchases at countless merchant locations. Paycent first integrated Dash a few months ago, whose Hybrid App allows users to manage their funds via cryptocurrency or fiat and allows users to make ...

Read More »

McAfee’s ‘Unhackable’ Crypto Wallet Hacked

When John McAfee described the Bitfi crypto wallet as unhackable, it quickly drew many people’s attention. For users in constant fear of having their crypto assets stolen by cybercriminals, it was reassurance. For computer experts, however, McAfee’s proclamation was taken as a challenge. Less than two months later, a number of people have emerged claiming to have cracked the ‘unhackable’ ...

Read More »

Which Cryptocurrencies Will Survive The Altcoin Apocalypse?

With the massive crypto market rout that has occurred in ‘red August’ many are now talking of an altcoin extinction which could spell the demise for the majority of them. Which ones are likely to survive is the key question. Most of the altcoins have dropped way below their price levels this time last year and are 80-90% down from ...

Read More »

LINE Launches $10 Million Token Fund, Lists TRON on Crypto Exchange

Japan’s largest messaging app LINE has established a new corporate token venture fund with $10 million in capital for startups in the blockchain and crypto industry. With over 600 million registered users and 200 million monthly active users worldwide on its messaging app, Japan’s LINE announced its entry into the cryptocurrency space after filing to register and launch a crypto ...

Read More »

Identitii Taps ASX to Launch $11 Million Blockchain IPO

Identitii Limited, a blockchain-based digital identity management innovator, has launched an $11 million IPO on the Australian Securities Exchange (ASX). The Australian company aims to sell 14.6 million shares at the rate of 75 cents per unit. The proceeds will be used for the additional development and marketing of Identitii’s anti-money laundering solution, Serra. The blockchain-enabled solution will upgrade ‘FIS’, ...

Read More »