Year: 2017

It’s been an extreme few months in the world of cryptocurrency. Bitcoin and other crypto assets have hit all-time highs, new cryptocurrencies have been announced and sold, and a wave of new token funds have launched. If you’re looking to put more money to work in the token space, another thing that you’ve probably noticed is an explosion in the names used to define the different types: app tokens, utility tokens, security tokens… What’s the difference and why does what a token is called matter so much? The short answer Read more …

The concept of Tether and their USDT tokens has always seemed strange. The company guarantees every USDT is pegged to the value of $1. Such claims are always pretty difficult to maintain over the long run. Especially when the company simply creates more Tethers out of the blue without proving they are all backed by a US Dollar value. Over the past few days, around 75 million Tethers have been issued. The latest batch saw 25 million USDT appear, which Read more …

The second largest independent ATM deployer in Australia Stargroup has signed a joint venture agreement with blockchain payment solutions company Digitalx to convert their existing ATMs into Bitcoin ATMs (BTMs). The agreement is for Stargroup’s entire global network, starting with Australia, where it has deployed over 500 ATMs and manages 2,400 more via its subsidiary Starlink. Also read: Australia Introduces Bill That Regulates Bitcoin Exchanges Digitalx & Stargroup Digitalx Limited has signed a joint venture agreement with Perth-based Stargroup Limited. The Read more …

The People’s Bank of China (PBoC) has confirmed the country’s ICO ban, saying the financial tool was now “illegal” while “monitoring” continues. An official message from the bank’s website Monday announced that “all ICO activities shall cease immediately.” “Organizations and persons already having completed ICO campaigns should return funds to investors to protect their legal rights and interests, as well as to avert any risk,” it continued. ICO websites, apps must go The retroactive nature of the PBoC ban goes Read more …

A technology company best known for its eponymous copier machines may be looking to use blockchain to create digital proofs for documents and other forms of data. Just last week, the U.S. Patent and Trademark Office (USPTO) published a new patent filed by Xerox in which it it outlines a method by which a blockchain (either a public option or a permissioned alternative) could be used to tie types of data (naming images and video as examples) to a certain period in time. Read more …

August 29, 2017, Moscow, Russia – Moscow-based blockchain poker room ‘Cash Poker Pro’ has announced its official platform launch and ICO campaign. Cash Poker Pro is a modern poker room with a blockchain network structure and mechanism for fast and confidential money transfers. The token Pre-sale went live on August 26, 2017, and the official ICO will begin October 26, 2017. Cash Poker Pro has a mission to create a decentralized online poker room with a random number generator (RNG) that Read more …

Betstreak.co is extending a unique opportunity to interested parties who wish to grab a slice of a licensed casino’s profits through its Initial Coin Offering. Launched in August 2016, Betstreak has since grown to become listed as the top 10 casinos on AskGamblers’ and made over 2150 BTC profits in its first year of operations. The ICO will run for a full month from 1st Oct 2017–1st Nov 2017. During this period, interested investors can purchase Betstreak Tokens against Bitcoin, Ethereum Read more …

Brazil’s central bank has released a new research paper that details possible use cases for blockchains and distributed ledgers while outlining how various available platforms could be used to test the technology. The result of a study group initiated by Banco Central do Brasil and published August 28, the report looks at use cases for DLT including identity, local currency and settlement – though, just the latter was ultimately recommended for prototyping. The objective, however, is not to design a primary settlement platform for the central bank, Read more …

GameCredits, the $100 million blockchain network targeting 2.6 billion gamers worldwide with a universal cryptocurrency and virtual wallet, has recently sponsored Blockemon 2017 held on August 26. The event was the largest blockchain conference ever held in Serbia, participated by speakers and executives from multi-billion dollar technology conglomerates and blockchain leaders including IBM, Microsoft, Lykke, BraveNewCoin and MobileGo. Since early 2016, billions of dollars have been allocated in the development of blockchain technology and decentralized applications. The vast majority of Read more …

The Chinese Central Bank has declared ICOs in China inadmissible and immediately stopped all fund-raising activities related to ICOs. This step represents the largest regulatory measure in the crypto area so far. The complete ban on ICOs and the extreme restriction of the crypto trade in general represents a radical step on the part of the Chinese government in the attempt to restore state control over the crypto segment of the financial markets, which has recently slipped. Thus, the crypto Read more …

DASH/USD DASH fell apart over the weekend and going into Monday, as China has announced a ban on ICOs. This is caused a ripple effect throughout the crypto currency world, and crypto currencies are getting absolutely pounded. At the close on Friday, the markets were looking very healthy. However, we have lost 25% since then, and there doesn’t seem to be in and to the selling. Waiting for some type of stability for at least 24 hours is the only Read more …

Hello and welcome to News BTC’s Market Outlook September 5. ETH/USD Ethereum has been falling precipitously against the US dollar as China has outlawed ICOs. This is a major step in governments taking back the power from crypto currencies, and it course has caused a significant amount of concern. On Monday alone, Ethereum has lost 16% at the time of this writing. There is no substantial sign of a bottom at this point, and we could continue to see even more Read more …