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Search Results for: what is cryptocurrency

Australian First Crypto-friendly IPO Firm Will Accept Tether

Stax, an Australian crypto-friendly capital raising platform announced that West Coast Aquaculture (WCA) will conduct its first Initial Public Offering (IPO). WCA is a company that operates an aquaculture farm in Australia. It will allow investors to participate in its IPO purchase equity using the cryptocurrency Tether (USDT) or Australian

October 29, 2020 2 mins read

Harvest Finance Puts $100K Bounty After $24M Attack, FARM Token Crashes

A decentralized finance protocol Harvest Finance seemingly issued a $100,000 bounty reportedly after a $24 million attack from its pool. Harvest Finance is a DeFi yield aggregator. FARM is its native cryptocurrency. It has one admin key for making changes to the smart contract. Essentially, the holder of this key

October 26, 2020 2 mins read

Bitcoin (BTC) Price Spikes Above $13k First Time Since January 2018

Bitcoin (BTC) price surges above $13,000 for the first time in over two years following positive news on the leading crypto over the week. BTC was the first cryptocurrency to successfully record transactions on a secure, decentralized blockchain-based platform. BTC reached above $13,000 in January 2018, six weeks after it

October 25, 2020 2 mins read

Famed Japanese Soccer Player Keisuke Launches KSK Honda Coin

KSK Honda Coin was launched by soccer star Keisuke Honda through a blockchain platform Rally.io to allow fans with coins to interact with Honda. Rally.io is a blockchain platform for creators building businesses and provides engagement between creators and the fans. Creators can issue their own cryptocurrency on this platform.

October 24, 2020 1 min read

WaterDrop – A Global Ethereum-Based Decentralized Token Platform

WaterDrop (WDP) is a decentralized token platform built on the Ethereum blockchain network. WDP is the native token of the cryptocurrency decentralized exchange Water which will be launched by 2021.  WaterDrop token is generally blockchain-based, with the same functionality as Bitcoin, Ethereum, and Bitcoin Cash. The main difference between WDP

October 23, 2020 3 mins read

Gemini Executive Julian Sawyer Joins Bitstamp as New CEO

Bitstamp made an announcement that Julian Sawyer has been joined as Chief Executive Officer of the company, as it’s co-founder and former CEO Nejc Kodrič moves into a new advisory role on the company’s Board of Directors. Julian Sawyer, who currently serves as the managing director of the UK and

October 22, 2020 2 mins read

Line Launches Central Bank Digital Currency (CBDC) Platform

LINE, a Japanese messaging giant is building a platform for developing central bank digital currencies (CBDC), as per the report by South Korean news agency the Chosun Ilbo.  CBDC is the cryptocurrency issued directly by central banks to replace real fiat currency. It is generally different from cryptocurrencies such as

October 20, 2020 1 min read

Luxury Watchmaker Breitling Issues Blockchain Based Digital Watch Certificate

Breitling has, a well-known Swiss company has become the world’s first luxury watchmaker to leverage blockchain technology digital watch certificates. Swiss firm partner with Arianee, an open-source protocol for creating digital identities for valuable items, to issue these watch certificates. Every watch sold by the firm will come with a

October 18, 2020 1 min read

OKEx Suspends Withdrawals Amid Security Investigation

OKEx, a leading Asian cryptocurrency exchange has caused selling panic in the crypto market. However, suddenly after suspending its service to cooperate with an investigation. Chinese news agency Caixin reported that one of the founders of OKEx, Mingxing Xu (also called Star Xu), has been questioned by the police. Moreover,

October 17, 2020 2 mins read

Ethereum (ETH) Price Started Sharp Decline Towards $310

Key Takeaways: Ethereum (ETH) reached near the $370 resistance and dropped sharply. ETH technical indicators and high trend-line. Ethereum price prediction in 2021. Ethereum (ETH) reached near the $370 resistance and dropped sharply towards $350 showing bearish signs and it might continue to drop down. ETH might be somewhat less

October 4, 2020 3 mins read