Cryptocurrency Analysis and News Portal
Blockchain is featured as a disrupting technology in the Tech Trends 2019 report published by Big Four audit and consulting firm Deloitte on Jan. 16.According to one article in the report, “[a]dvanced networking is the unsung hero of our digital future,” and blockchain is cited as a part of it.
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It goes without saying that 2018’s bear season savaged the broader crypto industry. Investors lost faith, Wall Street seemingly pulled out, and entire startups collapsed as financial pressure mounted, catalyzed by a collapse of the Bitcoin price. Yet, ambitious venture groups continue to seek financiers en-masse, as arguably, bear markets
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Chip manufacturing giant Taiwan Semiconductor Manufacturing (TSMC) reported a sizeable drop in its crypto mining-related revenue in 2018. The news was revealed in the company’s Q4 2018 financial results, published Jan. 17, together with an earnings call transcript.TSMC has not disclosed specific data for its crypto mining business — including
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Law enforcement requests sent to Switzerland-based cryptocurrency exchange ShapeShift rose 175 percent in the second half of 2018, according to a new Compliance Transparency report published by the exchange Jan. 18.In a blog post accompanying the report, Shapeshift outlines that it typically receives requests from law enforcement agencies for data
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Digital currency investment group Grayscale confirmed it had successfully launched its latest fund, dedicated to Stellar’s Lumens (XLM) token, in a tweet Jan. 17.Grayscale, which now operates nine cryptocurrency funds, timed the move to coincide with a change of image for its products, renaming all its single-currency products to trusts.The
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United States Bitcoin ATM (‘BTM’) operator Coinme has entered a partnership to sell Bitcoin (BTC) at coin counting kiosks owned by Coinstar, the company confirmed in a press release Jan. 17.Coinme, which was the first BTM operator to receive a license in the U.S. in 2014, will reportedly add thousands
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Augur jumped over 38 percent yesterday, rising a further 12 percent at the start of trading today to complete one of the most eye-catching runs in recent market history. After the huge dip cryptocurrencies took last Thursday, only a few altcoins have shown progress on the market in the last week
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Spanish automobile manufacturer SEAT has joined Alastria consortium to work on the development of blockchain-based products. Cointelegraph in Spanish reported the news Jan. 16.Founded in 1950, SEAT is a state-owned industrial company and Spain’s largest car manufacturer. SEAT’s turnover reportedly reached a record figure of 9.552 billion euro ($10.878 billion)
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Founder of blockchain tech company ConsenSys Joseph Lubin has been appointed to the board of directors of cryptocurrency startup ErisX. The news was revealed in an official press release published Jan. 17.Cryptocurrency exchange ErisX is a reboot of a futures market Eris Exchange, originally established in 2010. In December 2018,
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Major cryptocurrency exchange and wallet provider Coinbase has acquired Andreessen Horowitz-backed tech startup Blockspring. The purchase was revealed in a blog post published Jan. 14.San Francisco-based Blockspring produces tools that enable developers to automatically gather and process information from application programming interfaces (APIs).In 2015, the company raised $3.4 million in
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