The recent plunge in the cryptocurrency market has been now marked to be worse than the Dot.Com disaster of the early 2000s. However, unlike the Dot.Com bust, cryptocurrencies have been known to plunge to almost zero and then make huge rebounds.
Cryptocurrency News
-
-
2 USD Backed Stablecoins Expected to Have Big Impact
Last updated: September 13, 2018, 5:45 am Cryptocurrency NewsExperts believe that the two new US Dollar backed stablecoins launched on September 10 are going to have a big impact on the cryptocurrency market. The stablecoin launched by Gemini is called the Gemini Dollar (GUSD), while the one launched by Paxos is called Paxos Standard (PAX).
-
OKEx Founder Detained for Suspected Fraud
Last updated: September 12, 2018, 4:22 am Cryptocurrency NewsThe founder of the world’s second biggest cryptocurrency exchange OKEx and exchange services provider OKCoin, Star Xu has been detained in China for suspected fraud. According to the local media, Xu was held at the Weifang Xincun police station in Shanghai.
-
Gemini Trust Gets Approval for Stablecoin
Last updated: September 11, 2018, 3:45 am Cryptocurrency NewsGemini Trust Company, the cryptocurrency exchange owned by Tyler and Cameron Winklevoss, launched the Gemini dollar on Monday, September 10. The Gemini dollar is a stablecoin that completely regulated and will let users send as well as receive US Dollars on the Ethereum network using the ERC20 tokens.
-
Crypto Exchange Gemini To Launch Dollar-Pegged Cryptocurrency
Last updated: September 10, 2018, 1:55 pm Cryptocurrency NewsGemini, a crypto exchange, is poised to launch a dollar-pegged stablecoin. Apparently, the announcement, which was made on Monday, suggests that it will be made on Ethereum.
-
Buterin: Cryptos Will Never See 1000x Gains Again
Last updated: September 10, 2018, 5:52 am Cryptocurrency NewsAccording to Ethereum co-founder Vitalik Buterin, cryptocurrencies will never again see the 1000-times growth that they saw last year.
-
Ripple’s General Counsel Leaves Startup
Last updated: September 9, 2018, 3:10 am Cryptocurrency NewsIn the latest cryptocurrency news, the general counsel of Ripple, Brynly Llyr, has decided to leave the blockchain payments startup. A spokesperson confirmed the news on Friday, though her departure was already in the rumor mill.
-
Chinese Supreme Court – Blockchain Evidence Legal
Last updated: September 8, 2018, 4:39 am Cryptocurrency NewsThe Supreme People’s Court of China has issued a new set of rules – applicable with immediate effect – related to internet court cases. According to these new rules, Blockchain technology can be used to authenticate electronic evidence in legal disputes.
-
Coinbase Considering Bitcoin ETF
Last updated: September 7, 2018, 4:17 am Cryptocurrency NewsOne of the most high profile cryptocurrency exchanges and wallet service providers in the world, Coinbase is considering launching its own Bitcoin ETF (exchange traded fund). To this end, the company has reportedly linked up with the world’s biggest asset manager, Blackrock Inc.
-
Bitcoin Diamond Skyrockets 256% amid Market Freefall
Last updated: September 6, 2018, 6:10 am Cryptocurrency NewsBitcoin Diamond’s (BCD) token price skyrocketed by 256% yesterday, despite the fact that the rest of the cryptocurrency markets were in the middle of a massive freefall. Yesterday’s pump is now being attributed to the world’s number 23 cryptocurrency (by market capitalization) being listed on Binance.