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Search Results for: what is cryptocurrency

Estonian startup Mercuryo.io raises €2.5M seed funding

Mercuryo.io – a fast-growing Estonian startup that bills itself as a European leader in cryptocurrency payment processing solutions closed a €2.5M seed funding led by Target Global, a major international VC fund with €800M+ under management. Mercuryo.io is a cross-border payments network that enables businesses across the world to send and

September 15, 2020 3 mins read

High Bitcoin Inflows on Exchanges Despite Price Drop

Bitcoins inflows are high on exchanges, with the motive of selling it but the users are not booking orders despite the BTC price drop.  According to Chainalysis data, there was a 26.36 BTC change in Bitcoin held on exchanges which is positive and above the 180-day average. This indicates that

September 14, 2020 2 mins read

Filecoin Space Race Hits 200 PiB and Enters Second Phase

Filecoin started to invite all miners around the world to participate in the second phase of its Space Race contest which helps in preparing its mainnet.  Based on the feedback from the first phase of the Space Race contest, Filecoin has decided to create the Space Race 2 (SR2) contest.

September 13, 2020 1 min read

Huobi to sell world’s most popular IoT crypto miner MXC M2 Pro

September 11, 2020 – Today, Huobi Global made a strategic move into the crypto mining business, securing a lucrative hardware deal with the MXC Foundation #MXC to sell the highly sought after M2 Pro Miner. Prior to launch, the MXC Foundation was flooded with orders for their M2 Pro. The miner boasts high-returns, low-power energy consumption,

September 13, 2020 4 mins read

Binance Uganda Delists the Exchange’s Own BNB token

Crypto exchange Binance Uganda announced that it will delist its native token Binance Coin (BNB) for not meeting the trading standards.  Binance Uganda, an East African crypto exchange that provides the most powerful fiat-to-crypto trading platform. Meanwhile, BNB is presently the 8th largest cryptocurrency with a total market capitalization of

September 9, 2020 1 min read

Hackers Stolen $1.6M Worth of Crypto from Eterbase

Eterbase, a European premier digital asset exchange in Slovakia. It has reported that hackers have stolen around 1.6 million from the exchange hot wallet. In addition, Eterbase is one of the top crypto exchanges providing top-class services to its users. In contrast, as per Coinmarketcap data, the current trading volume

September 8, 2020 1 min read

Binance Leads its Way While BNB Still Undervalued

Analysis has illustrated that Binance’s native token, Binance Coin (BNB) is undervalued overall while Binance, the largest spot cryptocurrency exchange in the world still leads its way. BNB initially issued as an ERC-20 token on the Ethereum platform. The initial total supply of BNB was 200 million coins, but due

September 7, 2020 2 mins read

QubitTech Makes a Leap Into The Quantum Future

Quantum computing is still something the public mostly imagines as a part of a popular sci-fi franchise, yet the benefits, principles, and mass adoption of quantum computing have been discussed in scientific circles for over several decades. It’s a common known fact that technological progress speeds up exponentially, thus we

September 7, 2020 6 mins read

Dash Introduces Protocol Versioning With New Updates Every Six Weeks

Dash, an open source cryptocurrency, has released its fourth new update which makes it easier for developers to begin transitioning to a testnet and mainnet. Dash released a new update of v0.15 over the weekend. However, this is the 4th release by its newly defined process. And 5th release overall.

September 6, 2020 1 min read

Stablecoin Market Gains $100M Per Day, USDT Surpasses XRP

Stablecoin marketcap increases by $100 million every single day, and the world’s largest stable coin Tether (USDT) outperforms Ripple (XRP) by marketcap. A stablecoin is a cryptocurrency pegged to other assets like the dollar or the euro. The current supply of stablecoins has been increasing by roughly $100 million daily

September 5, 2020 2 mins read