Cryptocurrency News

According to the latest news reports, South Korea’s government is planning to lift its ban on Initial Coin Offerings (ICOs). The country’s National Assembly, which is the legislative division of the government, is lobbying for the removal of the ban on ICOs.

According to a newly released report by Chinese researchers, the bulk of Blockchain projects have a very short lifespan, averaging just over 1 year. This information was released to the public by the Director of Cloud Computing and Big Data Research Institute, He Baohong, at the International Big Data Industry Expo 2018, which was held in the city of Ghuizhou. This institute is a part of the China Academy of Information and Communications Technology (CAICT).

Despite the fact that Bitcoin has been struggling to maintain its price in the cryptocurrency market, the world’s number one cryptocurrency is still a good bet. According to venture capitalist Spencer Bogart, Bitcoin will trade at a minimum of $10,000 by the end of 2018.

Pražská plynárenská, a Czech energy and gas company, is poised to crowdfund all of its energy projects using cryptocurrencies. This will be done throughout Prague, giving the company a new investment platform, one that is kind of unique in the industry it is in.

According to the latest news reports a Ukraine-based social network company, ASKfm, as part of its publicity campaign for its upcoming Initial Coin Offering (ICO), gave crypto-enthusiasts a challenge to complete. Sadly, this stunt led to the tragic death of one person.

The United States’ Department of Justice has opened a criminal investigation into Bitcoin price manipulation by traders. Four anonymous sources who knew about this matter told the media that this criminal investigation is being run by federal prosecutors as well as the Commodity Futures Trading Commission (CFTC).

There are exciting dreams about self-driving vehicles, and other science-fiction like advances in automobile technology, and people see Blockchain as the technology to make that happen. However, the Consensus 2018 conference revealed a more pragmatic and down-to-earth approach being taken by auto makers with regard to how Blockchain technology can be harnessed.

Coindesk has released a new widget on the anniversary of Bitcoin Pizza Day. This new app can be added to any website and it will give a constant update on the price that was paid in Bitcoin for the two most expensive pizzas in the world.

According to the latest news reports, Tether has minted another $250 billion worth of its USTD tokens, taking the total supply of the tokens to 2.5 billion. And this has re-ignited the controversy surrounding the stable coin.

BlockShow Europe 2018 is one of the most eagerly awaited crypto conferences of the year, with more than 3000 invitees from across the globe expected to attend the event. And now, just about a week before the event, the organizers have sent out a massive update on the schedule.