Goldman Sachs and Mike Novogratz Bet Big on Cryptocurrency Custodian BitGo with $15 Million Investment

Institutional interest in cryptocurrencies seems to be slowly and steadily gaining upward traction. Per a report published by Bloomberg, dated October 18, 2018, the Wall Street goliath Goldman Sachs Group Inc. and Mike Novogratz’s Galaxy Digital Ventures have made a… Continue Reading →

Marks Jewelers Now Accepting Bitcoin Cash for Payments

U.S. jewelry retailer Marks Jewelers has started accepting payments in cryptocurrency, including bitcoin cash. Shoppers can now pay for luxury goods such as fine diamonds, watches and engagement rings using BCH and seven other digital currencies. Also read: Report: Emerging Markets… Continue Reading →

Caroline Wozniacki Signs Deal with GCOX to Launch Her Own Crypto Token

Tennis star Caroline Wozniacki signed a deal with Global Crypto Offering Exchange (GCOX) to launch her crypto token, Reuters reported on October 18, 2018. First Female Athlete to Endorse a Blockchain Startup  Tennis ace Caroline Wozniacki has become the latest… Continue Reading →

New zjazz 1.2 AMD and Nvidia Miner With Support for Merit, BitCash and SUQA

If you are mining Merit (Cuckoo Cycle Edgebit 26), Bitcash (Cuckoo Cycle Edgebit 27) or SUQA (X22i) on AMD or Nvidia GPUs you might want to check the just released update for the zjazz CUDA and OpenCL 1.2 closed source… Continue Reading →

South Korean Crypto Exchange Bithumb Launches a Decentralized Exchange

On October 15,  2018, South Korean cryptocurrency exchange Bithumb announced they are launching their first official decentralized exchange, dubbed Bithumb DEX. The Korean crypto giant Bithumb is said to leverage OneRoot R1 protocol to increase the overall efficiency of the… Continue Reading →

Apple’s Chipmaker Braes For Dampening Crypto Mining Demand

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest independent semiconductor foundry, predicted that its fourth-quarter revenue would increase by only a couple percentage points, forecasting revenues of 9.35 billion to 9.45 billion. Its 2017 fourth-quarter revenue was 9.2 billion. Weakening… Continue Reading →

US Marshals Service Announces Auction of 660 BTC

The United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000…. Continue Reading →

Chinese Crypto Wallet Cobo Raises $13 Million, Eyes Global Expansion

Plans for worldwide growth are on track for cryptocurrency wallet startup Cobo after it managed to raise US$13 million in a Series A round. The cryptocurrency wallet startup, which is based in Beijing, China, has set its sights on expanding… Continue Reading →

World Payments Report: Public DLT Fails to Meet Financial Market Demands

While the International Word Bank Organization believes that distributed ledger technology (DLT) could fundamentally transform the existing financial sector, the World Payments Report 2018, published on October 16, 2018, concludes DLT cannot keep up with the financial market demands due to… Continue Reading →

Guest Spot: Insights into Ethereum Smart Contract Development

Many of you have probably questioned the usefulness of blockchain in general and Ethereum in particular. Some of you may have gone further in your curiosity and came across numerous fancy characteristics, such as decentralization, transparency, trust without intermediaries, and… Continue Reading →

Leading Indian Crypto Exchange Zebpay Sets off for Malta

Perhaps the most stagnant of all global cryptocurrencies markets, the Indian crypto market’s future depends a great deal on the long-awaited decision by the Supreme Court of India, which has already been adjourned multiple times. This persistent state of uneasiness… Continue Reading →

Gates Foundation Partners Ripple and Coil in Financial Inclusion Initiative

The Bill & Melinda Gates Foundation is teaming up with San Francisco, California-based blockchain firm Coil with a view of enhancing financial access for the unbanked and underprivileged communities. Initially announced by the principal technologist and a deputy director at… Continue Reading →

Bitcoin Volume Approaches Yearly Low Again as Market Deletes $6 Billion

Over the past 48 hours, the volume of Bitcoin (BTC) has fell substantially from over $5 billion to $3.8 billion, and is quickly moving to its yearly low. On, ShapeShift’s official cryptocurrency market data provider, the volume of Bitcoin… Continue Reading →

Is Chinese Alibaba Group going to aquire Alibabacoin (ABBC)?

Alibabacoin Foundation and China’s Alibaba Holding Group is having a dispute over trademark licenses in the Manhattan court of the United States of America. Alibabacoin Foundation CEO, Jason Daniel Paul Phillip stated that Alibabacoin Foundation offered a settlement to Alibaba… Continue Reading →

United States Marshals Service to Auction Bitcoins Worth $4.3 Million

The United States Marshals Service (USMS) is set to auction bitcoins worth $4.3 million next month. The government agency outlined that it plans to sell bitcoin seized during a wide range of criminal cases. 660 Bitcoins to Go for Auction… Continue Reading →

Report: Emerging Markets See Sharp Growth in Cashless Transactions

South Africa is the most cryptocurrency-friendly country in Africa, according to the 2018 World Payments Report by French banking group BNB Paribas and IT company Capgemini. Compared to other major economies on the continent, South Africa has allowed digital currency-based… Continue Reading →

Kim Dotcoms Bitcache Preview Reveals Built-in Bitcoin Payments

&8230nThe post Kim Dotcoms Bitcache Preview Reveals Built-in Bitcoin Payments appeared first on CryptoCoinsNews.n

Trump Tariffs to Impact Chinese Mining Hardware Manufacturers

The escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. Also Read: Former CFTC Chair… Continue Reading →

A Look at the BCH Payment Button for Websites

On Oct. 18, Bitcoin Cash proponents were introduced to a new do-it-yourself BCH payment processor called The software allows anyone with a bitcoin cash address to accept payments and donations in BCH by creating an embeddable payment button for… Continue Reading →

Chinese Bitcoin Mining Equipment Manufacturers Suffer Setback as Trump Increases Tariffs

Bitmain’s $3 billion initial public offering (IPO), as well as that of other Chinese bitcoin mining equipment manufacturers such as Canaan and Ebang, may be adversely affected by the June categorization of the firm’s Antminer S9 ASICs miners as “electrical… Continue Reading →

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