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After a tough 2018, Initial Coin Offering (ICO) is trying to make a come back. More businesses, especially startups are keen on ICO as it helps them raise the much needed funds. However, they are also wary of its failure rate. In 2018, as per latest data, 55 per cent of ICOs failed to complete […]
The web browsing Opera will now add a native wallet of Ethereum to its desktop version, as announced by Opera on Wednesday. The company has joined with European Exchange, Safello to bring this new feature to the Android users. The second largest virtual currency is known for its fast processing speed. This all-new feature of […]
The new crypto invoice that will establish the framework for the industry came into existence on January 31, this year. The country is presently experiencing a revolution both in terms of government shift and economic framework. The acting president of Venezuela came into existence amidst the clashes and disagreement of followers of present president Nicolas […]
Bitcoin has seen a slow start in the market at the beginning of 2019. Not many people are positive about the impending of this currency. However, the Twitter CEO and co-founder of popular money transfer app Cash App, John Dorsey is still optimistic about Bitcoin and the influence it may have in the near future. […]
Acknowledging the Financial Services Commission’s (FSC) findings that offerings are highly risky for investors, South Korea is sticking onto its initial coin offerings (ICO) ban which was introduced in September 2017. The regulatory authority has decided to maintain the ban after the Financial Supervisory Service’s (FSS) recent survey found that there has been illegal practices to […]
The production cost, mining, of Bitcoin is higher than its actual value which is $4,060. Presently, the cryptocurrency is traded below $3,600 and its a $400 loss. Bitcoin value dropped significantly in November 2018, a 14 per cent fall, that had the world’s biggest cryptocurrency price below $5,000 for the first time in 13 months. […]
Companies are catching onto artificial intelligence (A.I) and Tron (TRX) is no exception. HashAI is a new collaboration of DACC platform, content-based blockchain, and TRON. The new AI project will be launched on TRON’s dApp Ecosystem. An official statement by DACC says HashAI is an attempt to expand TRX payment scenarios with artificial intelligence. It […]
Cheap electricity has been attracting cryptocurrency mining businesses to the East Asian country of Mongolia. Now, this region has emerged as the centre of cryptocurrency mining activity. And Ginco, e-wallet Tokyo-based company, is the latest to be enjoying the fruits of cheap electricity. Mongolia offers lower electricity rates compared to China and Japan. Besides this, […]
The Organization for Economic Cooperation and Development (OECD) has called for greater clarity in the regulatory and supervisory frameworks applied to initial coin offerings (ICOs). In its latest report OECD (2019) Initial Coin Offerings (ICOs) for SME Financing, the world body stated that the ICOs must be allowed to deliver its potential for the financing […]
Popular cryptocurrency mining corporation Giga Watt shuts its day to day mining operation according to a report. The news of shutdown has come following their bankruptcy in November 2018. The company has operated slightly above one year; it was successfully launched in September 2017. The news of collapse has left its customer wondering why the […]
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