August is not the best period for important decisions but it seems a good time to sketch plans for the second active half of the year. Authorities in several countries have shared their intentions regarding the regulation and oversight of the crypto space. The club of crypto-friendly jurisdictions may accept new members this fall. Others may …

0 36

According to an executive at Ripple, the distributed payments service provider has its eye on expanding operations into the Chinese market. Jeremy Light, Ripple’s vice president of European Union strategic accounts, spoke with CNBC by phone yesterday, during which time he confirmed the company’s interest in expanding into China. According to Light, Ripple is looking …

0 36

After Prometheus, there is Yoroi and Icarus. Both of these wallets are light weight and hallmark Cardano’s projects that would ultimately push the coin towards adoption. However, shadowing this are Cardano (ADA) sellers who despite slowing down are still on the forefront targeting ATLs at 7 cents. From the News Emurgo is a Japanese company …

0 36

Equi Capital’s ICO has ended in acrimony, with bounty hunters claiming to have been offered a pittance of what they were promised. The project is led by Baroness Michelle Mone, who describes herself as “one of the United Kingdom’s most celebrated entrepreneurs”. The fallout sheds light on the plight of low income workers who toil …

0 37

Cloud mining service Genesis Mining is forcing some clients to upgrade to a five-year subscription or else lose services, it announced Thursday. The Iceland-based startup said in a blog post that it will end open-ended contracts for customers who are not earning enough to cover maintenance fees in roughly two months due to the ongoing declining cryptocurrency …

0 37

Ethereum Classic (ETC) is the second best performing digital currency in the last 24 hours second only to VeChain according to CoinMarketCap. The price pumps as the cryptocurrency expects to be made available on the mobile app of Coinbase later today. The Pump is Real Coinbase announced August 15 that it would be making Ethereum …

0 36

Even if prices are fair off from seven days ago, still bears are in charge. The daily chart specifically displays a ball park five percent drop over a 24 hours span in coins as Tron, IOTA and EOS. Though we remain bearish, any high volume break above $65 might trigger the next wave of buy …

0 36

Nvidia is reporting a “substantial decline” in revenue as a result of declining sales to cryptocurrency miners. In an announcement of its second quarter earnings Thursday afternoon, the graphics card maker’s CFO, Colette Kress, stated that while “GPU business revenue was $2.66 billion, up 40 percent from a year earlier,” it was “down 4 percent sequentially.” At …

0 36

Coinbase has re-launched its wallet offering to try and become the “gateway to the decentralized internet.” Hopefully, it’s more than just a re-branding exercise. In a recent blog post, Coinbase announced that it is revamping its wallet offering, retiring Toshi and making way for the Coinbase Wallet – an undeniably direct, and to the point …

0 37

The gloss is starting to wear off blockchain technology. Blockchain tech and distributed ledgers are rapidly being adopted by stock exchanges, banks, and the commodities industry, but one group of experts has warned there are significant drawbacks in doing so. A new report (spotted by Reuters) details the allure of the technology for trading execs: it can solve all …

0 38