Tag Archives: eth

CryptoKitties Creator Raises $11 Million from Warner, A16z to Launch Own Blockchain

CryptoKitties Creator Raises $11 Million from Warner, A16z to Launch Own Blockchain

Warner Music is collaborating with Dapper Labs, the company behind CryptoKitties, to create a new blockchain called Flow. According to a story in Forbes Thursday, Dapper Labs has garnered $11 million in funding for the project, including investment from Warner. The round is led by Andreessen Horowitz, with other major venture firms like Union Square Ventures, […]

EOS, Etheruem, and Litecoin Lead Massive Bitcoin Dump

EOS, Etheruem, and Litecoin Lead Massive Bitcoin Dump

Yesterday’s crypto market carnage saw over $20 billion in USD value wiped out from the total crypto market capitalization. The dump affected nearly all crypto assets, including Ethereum, EOS, and Litecoin – even Bitcoin, which has maintained support despite altcoins collapsing around it. But new data shows that it may have been altcoins collapsing that dragged down Bitcoin. A side-by-side comparison […]

WHAT’S BEHIND RECENT GAINS FOR BITCOIN, ETHEREUM, RIPPLE’S XRP AND LITECOIN?

WHAT’S BEHIND RECENT GAINS FOR BITCOIN, ETHEREUM, RIPPLE’S XRP AND LITECOIN?

The year 2019 has been slow for most digital currencies. At the beginning of the year, Bitcoin, Ethereum, Litecoin and Ripple (XRP) maintained the same low price points as the end of the previous year. This was largely owing to a long-running market correction following the post-2017 crypto boom. However, things seemed to pick up in the past few […]

Litecoin Price Hits 11-Month High Above $100

Litecoin Price Hits 11-Month High Above $100

The price of litecoin (LTC) was quoted in three digits across cryptocurrency exchanges earlier today. The fifth largest cryptocurrency by market capitalization jumped to $107.71 at 02:00 UTC, the highest level since June 12, 2018, according to CoinDesk’s Litecoin Price Index. The bullish move has stalled in the last few hours, though, with the price currently […]

Bitcoin’s Lightning Network Reaches Apple Watch as NYAG-iFinex Tit-For-Tat Amps Up

Bitcoin’s Lightning Network Reaches Apple Watch as NYAG-iFinex Tit-For-Tat Amps Up

There was certainly no shortage of crypto news to digest over the weekend. Amongst the notable development was Bitcoin wallet developer BlueWallet Services’ first-of-its-kind announcement that its wallet app had gained Apple Watch support. Additionally, the NYAG-iFinex legal tit-for-tat continued, with AG Letitia James on Friday opposing iFinex’s motion to vacate the highly publicized court […]

Tokenized Securities Exchange Currency.com Launches to the Public

Tokenized Securities Exchange Currency.com Launches to the Public

Belarus-based tokenized securities exchange Currency.com has announced it is launching to the public today after a spell in beta mode since January. The platform – which claims to be the world’s first such exchange – allows investors to directly trade and invest in tokenized financial instruments, with payment being made directly in bitcoin (BTC) or ethereum(ETH). Currency.com has also launched an […]

Crypto Community Reacts to Tether Admitting USDT Not Fully Backed

Crypto Community Reacts to Tether Admitting USDT Not Fully Backed

According to the company behind it, stablecoin USDT is not fully backed by fiat currency deposits. It was revealed today that the controversial crypto asset firm Tether only holds around 74 percent of the total value of USDT’s current circulating supply. Tether and the crypto exchange Bitfinex are currently defending allegations from the New York Attorney General’s office that […]