• In an official press release, LG announced that it will be launching its blockchain-based platform called “Monachain”. It is supposed to have various application across a span of fields such as finance, public, manufacturing, communications, and others. In a press release dated May 13th, LG CNS, a subsidiary of LG, announced that it will launch its own blockchain-based project with key functions such as digital certification, digital supply chain management, and digital community currency. Going

    South Korean Tech Giant LG to Launch its Own Blockchain Platform

    | 2018/05/16 3:00 am
  • Circle, a startup payments company backed by Goldman Sachs, is set to launch a cryptocurrency with a value pegged to the U.S. dollar — similar to Tether (USDT) — after announcing a $110 million investment round dominated by cryptocurrency mining giant Bitmain.  A ‘Compliant Alternative’ to Tether Goldman Sach-backed fintech startup Circle has announced its plans to launch a cryptocurrency pegged to the U.S. dollar, following an incredibly lucrative investment round dominated by cryptocurrency mining

    USD-pegged Stablecoin to be Introduced by Goldman Sachs-backed Circle

    | 2018/05/15 11:00 pm
  • Looking for the best place to store your cryptocurrencies? Look no further. Here are our reviews of four of the top cryptocurrency wallets. NAGA WALLET When it comes to cryptocurrency wallets, the NAGA WALLET is undoubtedly the best — thanks to its ability to drastically simplify all that which makes cryptocurrency storage and trading complicated. The NAGA WALLET supports over 1,200 different cryptocurrencies, and crucially supports crypto-to-email transactions — effectively eliminating the need for complicated

    Top 4 Cryptocurrency Wallets

    | 2018/05/15 10:30 pm
  • In your standard day-to-day life, nobody likes to get audited. In the blockchain industry, however, audits are a crucial part of ensuring security and maintaining trust — especially when it comes to smart contracts. (Which aren’t always so smart.) iGaming platform Luckchemy was recently audited by New Alchemy, and the results were extremely positive. ‘Issues of Critical Severity’ Non-Existent Last month, blockchain technology and capital solutions company New Alchemy examined Luckchemy’s smart contracts and subsequently

    New Alchemy Successfully Audits Luckchemy’s Smart Contracts, Finds No Critical Vulnerabilities

    | 2018/05/15 6:00 pm
  • ICON, one of the largest blockchain networks in the world which aims to hyper-connect private and public institutions, has announced a massive partnership with LINE PLUS, a global social platform with a monthly average user count over 200 million. Together, the two companies have co-founded ‘Unchain’ in an effort to construct LINE’s blockchain network.  A Joint Venture of Massive Proportions The goal of Unchain is to develop a variety of decentralized applications (DApps) while also

    ICON (ICX) Announces Massive Partnership with LINE to Create ‘Unchain’

    | 2018/05/15 3:00 pm
  • Earlier today, San Francisco-based digital currency exchange Coinbase announced four major products geared entirely towards facilitating and encouraging institutional investment — signaling that the herd is indeed on its way. Coinbase Custody First and foremost, Coinbase has partnered with an SEC-regulated broker-dealer to created Coinbase Custody, which the company claims is the most secure cryptocurrency storage solution on the market today. Explains the company in an official blog post: Coinbase Custody is proud to offer a service

    Coinbase Announces 4 New Products for Institutional Investors

    | 2018/05/15 12:00 pm
  • DX.Exchange, a NASDAQ-powered cryptocurrency exchange platform is set to launch in June 2018. DX becomes the latest in a slew of crypto exchange services as the digital currency market continues to mature. The platform hopes to offer a robust ecosystem for OTC derivatives and crypto tokens. DX.Exchange Will Utilize NASDAQ’s Matching Engine DX is partnering with NASDAQ to use the latter’s matching engine to deliver a seamless P2P crypto exchange platform. According to Daniel Skowronski,

    NASDAQ-Powered Cryptocurrency Exchange Platform to Launch in June

    | 2018/05/15 5:00 am
  • The New-York based Gemini cryptocurrency exchange just announced the addition of 3 new cryptocurrencies to their trading lineup. The most surprising addition being ZCash, which was not expected by anybody in the community. ZCash: Privacy Focused, But On a Regulated Exchange The week of the Consensus conference has always been a week of news, innovation, and announcements from major players in the cryptocurrency and blockchain industry. It seems that this year’s Consensus is no different

    Winklevoss Twins’ Gemini Exchange Unexpectedly Adds ZCash

    | 2018/05/15 4:00 am
  • As central banks explore the technology underlying that which threatens to undermine them, experts at Morgan Stanley have suggested that digital currencies could enable deeper negative interest rates during the impending financial crisis.  Negative Interest Rates According to new findings from Morgan Stanley, central banks could use cryptocurrencies to lessen the negative impacts of the next financial crisis by slashing interest rates. As reported by Business Insider, a team of strategists from the multinational investment bank

    Morgan Stanley: Central Banks Could Force Negative Interest Rates with Crypto

    | 2018/05/15 3:00 am
  • Vernam is developing a decentralized, peer-to-peer, broker-free, cost-efficient, data-driven, and transparent marketplace for the insurance sector, in which consumers will be able to get up to 30 percent cash back on their insurance premiums. Here’s everything you need to know about the platform! A New Way to Buy Insurance Vernam is revolutionizing the way people access insurance by connecting insurers directly with the prospective clients — effectively removing unnecessary middlemen from the equation. By doing

    Everything You Need to Know About Vernam, A Game Changing Blockchain-Based Insurance Product

    | 2018/05/15 1:00 am
  • CME Group and Crypto Facilities Ltd have officially launched the CME CF Ether-Dollar Reference Rate (Ether Reference Rate) and CME CF Ether-Dollar Real Time Index (Ether Real Time Index) – both of which are available today on both companies’ websites, and will become available later on the CME Group Market Data Platform on June 4. ‘Designed to Meet the Evolving Needs of This Marketplace’ The Ether Reference Rate provides a daily price benchmark at 4 pm London

    CME Group Launches Ether-Dollar Real Time Index and Reference Rate

    | 2018/05/14 11:00 pm
  • The 2018 Consensus Conference is underway in New York. Already, this year’s event seems to be even more colorful than previous with protesters staging a march outside the summit venue. The turnout so far is impressive with the usual logistical issues that are common in large gatherings such these. Parody Protests Outside While experts and crypto enthusiasts are engaging in the conference outside, some bizarre scenes are taking place outside. Scores of protesters bearing placards

    Consensus 2018: Mammoth Turnout on Opening Day as Parody Protesters March Outside the Cryptocurrency Conference

    | 2018/05/14 9:00 pm
  • Ripple continues to grow its empire with the official launch of Xpring, a new investment initiative that helps fund entrepreneurs in exchange for the utilization of XRP and the XRP Ledger. ‘We’re Uniquely Positioned to Support Entrepreneurs in a Meaningful Way’ Ripple — a San Francisco-based real-time gross settlement system, currency exchange and remittance network — has announced a new initiative, Xpring, “that will invest in, incubate, acquire and provide grants to companies and projects run by

    Ripple Announces Xpring Initiative to Build Ecosystem Around XRP

    | 2018/05/14 1:00 pm
  • The fourth annual Consensus conference, Bitcoin’s biggest event of the year, begins today, May 14, 2018. Will bitcoin price surge once again during the event as it has in previous three years? RELATIONSHIP BETWEEN BITCOIN PRICE AND CONSENSUS A look at the previous three Consensus Conferences shows significant crypto price movements during and immediately after. This trend has been maintained in all three conferences so far. Thus, it stands to reason that the pattern could continue

    Bitcoin Price Historically Surges With Consensus Conference, Data Shows

    | 2018/05/14 9:00 am
  • Last Monday, GlobeNewswire reported that popular cryptocurrency personality Jason Appleton – better known as Crypto Crow – has just signed a contract with some members of the CBS television network that will have 13-episode cryptocurrency based show shown on their network. Cryptocurrency shows are expected to hit some American TVs within the next 2 months. Let me say that again, a cryptocurrency show is set to premiere on American TVs in the very near future.

    Cryptocurrency Personality Crypto Crow Gets TV Series on CBS

    | 2018/05/13 11:00 pm
  • Former Goldman Sachs banker Chris Matta quit the famous multinational investment bank and financial services company only days after earning a promotion to the position of vice president – and he did it for the sake of cryptocurrency. ‘I Saw it as a Calculated Risk’ It’s safe to say that most people wouldn’t bail on their career after climbing the Wall Street ladder and making vice president at the most profitable securities firm in history –

    Goldman Sachs VP Leaves To Pursue Cryptocurrency Fortune

    | 2018/05/13 9:00 pm
  • Nvidia announced that they had a successful 1st quarter in terms of sales, in part due to the fact that cryptocurrency-related sales boosted their revenues by 10%. Despite the good news, Nvidia expects that the sales generated by cryptocurrency enthusiasts will decrease by over ⅔ over the 2nd quarter, which ends in 2 months. Nvidia’s Growing Business: Did Crypto Sales Help? Nvidia’s Thursday release of their Q1 financial reports has shown that their revenues have

    Nvidia Expects 2/3 Decrease in Sales to Crypto Miners in The Next Quarter

    | 2018/05/13 7:00 pm
  • While plenty of individuals around the world undoubtedly got scared off after buying at all-time highs and subsequently watching the value of their cryptocurrency holdings take a nosedive, one recent survey in South Africa suggests the negative consequences of early 2018’s bear market haven’t dissuaded the uninitiated from testing the waters.  Still Interested South Africans who have yet to invest in cryptocurrency are still planning on investing in the young market, according to the MyBroadband

    2018’s Bear Market Hasn’t Dissuaded New Cryptocurrency Investors in South Africa

    | 2018/05/13 5:00 pm
  • One of the more striking elements of the cryptocurrency ecosystem is how young the industry is. If we take the launch of the Bitcoin protocol as the beginnings of this industry, which was in 2009, then this space has not yet even reached its 10th-year milestone. Whereas, traditional and aged industries, such as IT and finance, have existed for decades. A Masters Degree In Crypto Avenues for breaking into traditional industries have long been established

    Where Can A Masters Degree in Crypto Take You in 2018?

    | 2018/05/13 1:00 pm
  • Ripple, a real-time gross settlement system, currency exchange, and remittance network, has announced the results of its first pilot for xRapid — the company’s business solution for payment providers and financial institutions looking to expand their reaches into new markets with increased scale, speed, and cost efficiency.  Promising Results In its push to modernize financial services infrastructure via high-powered blockchain-powered solutions, improve the speed and cost of cross-border payments, lower barriers to financial inclusion, and

    Ripple Announces Positive First Pilot Results for xRapid

    | 2018/05/13 11:00 am
  • The Blockshipping GSCP ICO (Initial Coin Offering) opens for public sale on Monday, May 14, and while the main focus has been on achieving a successful ICO, the Blockshipping team has also achieved significant progress on the product development side. Delivering the Global Shared Container Platform in time as promised has top priority, and Blockshipping now launches the first in a series of prototype videos showing some of the platform’s services and functionalities which are under

    First View of Blockshipping’s Global Shared Container Platform

    | 2018/05/13 9:00 am
  • Looking to put your money to work for you with some promising investments into Initial Coin Offerings? Here are three ICOs launching in 2018 that could help you do just that. Origin The first Initial Coin Offering you will want to pay close attention to is Origin. Origin is a protocol which utilizes the Ethereum blockchain and IPFS for the creation of sharing-economy marketplaces. In essence, it affords both developers and businesses the ability to

    These 3 ICOs Have Huge Potential in 2018

    | 2018/05/13 7:00 am
  • The Indian Supreme Court has struck out an interim injunction against the crypto ban of the Reserve Bank of India (RBI). The RBI banned banks and other financial institutions from facilitating cryptocurrency trades in the country. In response, a coalition of petitioners, comprised of four crypto exchange platforms and other startups, have gone to court, challenging the RBI’s directive. Legal Battle Is Far from Over The decision by the Supreme Court is the not the

    Supreme Court of India Strikes Out Injunction Against RBI Crypto Ban

    | 2018/05/13 5:00 am