Bittrex Launches USD Fiat Trading

Exchanges Bittrex has finally introduced fiat currency support. The US exchange, which was established in 2013, subsisted with tether as its USD surrogate until recently, before adding another stablecoin, TrueUSD, a couple of months ago. Around the same time, its CEO Bill Shihara revealed that the platform would be adding USD pairs and today they went live for corporate clients. Also read: Weiss Ratings Publishes Complete List of 93 Cryptocurrency Ratings More Fiat, Less Tether Bittrex, along with exchanges such as Read more …

Japanese Internet Giant GMO to Launch In-Game Bitcoin Rewards System This Summer

Japanese internet services giant GMO Internet Inc. announced it would debut its Bitcoin-based application for in-game rewards in August, Cointelegraph Japan reports May 31. The application, called CryptoChips, acts as a method of rewarding players for achieving certain goals, and will initially launch solely with Bitcoin support. CryptoChips will reportedly first be implemented in GMO-developed real-time battle game Whimsical War. “GMO Internet […] has developed ‘CryptoChips by GMO’ that enables distribution of cryptocurrency as remuneration within the game application, and Read more …

‘World’s Largest Ethereum Wallet’ ImToken Raises $10 Million Series A

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Chinese ethereum wallet startup imToken has raised a $10 million Series A from IDG Capital as it seeks to expand its product offering and finance international expansion into Asia, Africa, and the United States. The Hangzhou-based company, which was founded in 2016, claims to be the world’s largest ethereum wallet, with more than 4 million monthly active users and support for 30,000 tokens. ImToken says that $35 Read more …

Bitcoin Traders Rejoice! Bittrex Launches USD Trading Pairs

Seattle-based cryptocurrency exchange Bittrex has confirmed that it has reached an agreement allowing customers to buy Bitcoin with US dollars. ‘It’s Been A Long Path’ Earlier today, Bittrex CEO Bill Shihara announced that the exchange had reached an agreement with New York-based Signature Bank, which – along with other financial institutions –  will hold customers’ USD funds. Initially available only to corporate clients in Washington, California, New York, and Montana, the first USD trading pairs will be Bitcoin, Tether, and TrueUSD. Read more …

VermontDAO? State Governor Signs Bill Clearing Way for Blockchain Companies

Vermont’s governor has signed a bill allowing for the creation of so-called “blockchain-based limited liability companies,” public records show. CoinDesk reported in January that state lawmakers were weighing the measure, which at the time referred to “digital currency limited liability companies” and contained language indicating that such businesses – effectively running on a distributed blockchain network – would pay taxes to the state in crypto. According to the text, those businesses are described as “limited liability compan[ies] organized pursuant to Read more …

PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed Circle

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Following the announcement that Circle, a fintech startup backed by Goldman Sachs, plans to launch a stablecoin pegged to the U.S. dollar, the blockchain-based ecosystem MoneyToken has confirmed the listing of the stablecoin, Circle USDC, Read more …

Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta Version of Own Blockchain

Altcoin TRON (TRX) launched a beta version of its independent public blockchain at 12 am UTC, today May 31, according to a press release shared with Cointelegraph. Tron is currently the tenth largest cryptocurrency by market capitalization. The move to Tron’s MainNet – also dubbed Odyssey 2.0 – is part of a transition away from the Ethereum (ETH) blockchain, which currently underpins the cryptocurrency’s network. According to the press release, MainNet’s beta testing period will span most of June. The Read more …

trade.io Announces Upcoming Massive Airdrop Campaign To Trade Token (TIO) Holders

Wednesday, 30th May 2018 Lugano, Switzerland – trade.io announces the upcoming launch of an unprecedented ongoing airdrop campaign, which will enrich the portfolio of existing Trade Token (TIO) holders with potentially hundreds of different altcoins. With this campaign, any TIO holder is automatically qualified to benefit from ongoing token airdrops from high potential ICOs. Such ICOs have undergone an extensive vetting process by the experienced trade.io consulting team for AML processes, technical viability and longevity, and as a result, have been Read more …

Bittrex Lists USD Trading Pairs after Landing Banking Partner

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Prominent US cryptocurrency exchange Bittrex will offer USD trading pairs to customers in select states now that it has found a banking partner, the firm announced on Thursday. Bloomberg reports that the Seattle-based exchange has signed a banking agreement with New York-based financial institution Signature Bank that will allow it to begin accepting USD deposits and listing cryptocurrencies for trading directly against the dollar. Since its founding Read more …

Hard Forks May Kill Bitcoin in 100 Years, Says Nobel Laureate

American Nobel Laureate, economist, academic, and best-selling author Robert Shiller claims Bitcoin may be extinct in 100 years — and hard forks will be to blame.  A Big Forking Problem Nobody can accurately see 100 years into the future, but prominent economist Rober Shiller claims Bitcoin may go the way of the West African Black Rhinoceros — that is to say: extinct. According to the Yale professor, hard forks will be to blame for the dissolution of the first and foremost cryptocurrency. Read more …

Mary Meeker’s 2018 Internet Trends Report Shows Interest in Crypto ‘Exploding’

Former Wall Street analyst Mary Meeker’s well-known annual Internet Trends report for 2018, published May 30, shows interest in cryptocurrency “exploding” since January of last year. The report also highlights that a course on Bitcoin (BTC) and cryptocurrency technologies made it into the top 10 most popular university classes in 2017. According to the report, “Bitcoin & Cryptocurrency Technologies” was one of the top courses of 2017 at Princeton University. The Internet Trends report, which was compiled by with help Read more …

Promoted: Blockchain-Based Architecture For Project Management

Amid the meteoric rise of the global freelance economy, entrepreneurs, creative nomads and independent teams are becoming a large majority of today’s workforce. As this new model for work develops, establishing productive working systems between contractors, businesses and talent becomes a key component to success. For many businesses, managing the dynamics of an already dynamic ecosystem can seem arduous. The first place to start when designing a working system within such a dynamic environment is to address data points that Read more …