NASDAQ, Fidelity Invest in New Cryptocurrency Exchange

New cryptocurrency exchange has reportedly raised $27.5 million from investors which include NASDAQ Ventures and Fidelity Investments. The platform will offer cryptocurrency trading on spot and future markets starting next year.  Nevermind the Bear Market Seemingly unphased by the current bleeding conditions of the cryptocurrency market, Fidelity Investments and NASDAQ Ventures have reportedly taken part […]

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Bitcoin Mining: Everything You Need to Know

Bitcoin mining is a term that everyone in the cryptocurrency and even many outsiders are familiar with. This is a process performed by high-powered computers (also known as nodes), which solve complicated computational math problems. While distinct, there are certain similarities between bitcoin mining and actual mining for precious metals such as gold, for example. […]

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CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail

The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1.1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim […]

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Winklevoss-Owned Bitcoin Exchange ‘Gemini’ Adds Litecoin Trading Pairs

On Friday, October 12, 2018, Gemini announced the addition of Litecoin (LTC) to its trading catalog. Litecoin becomes the fourth cryptocurrency added to the Winklevoss-owned platform. NYSDFS Approval for Litecoin Trading on Gemini Eric Winer, the platform’s VP of Engineering announced the news via a post on the company’s Medium account. According to the announcement, […]

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Cryptocurrency Enthusiasm Is Fueling A New Eclectic Arts Culture

Artists are bringing the digital nature of cryptocurrency to life by creating and displaying eclectic and unique pieces that draw inspiration from the buzz around virtual currency. The art world has long been regarded as a stodgy traditional institution that is merely a place for the wealthy. Rapid changes in the technological sphere are now […]

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There’s a ‘Concerted Effort to Suppress Litecoin Price,’ Says Charlie Lee

Litecoin creator, Charlie Lee, took to Twitter, complaining about recent efforts to “suppress Litecoin price” with FUD spreading by those “shorting LTC and… that see Litecoin as a threat.” Big Up Da Litecoin Lee had a lot to say regarding accusations that Litecoin 00 had lost its edge in an increasingly oversaturated market. Illustrating the […]

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‘Precursor of Price Going Up’: Tether Grants Another $250M in USDT Tokens

Controversial stablecoin Tether (USDT) has issued $250 million dollars worth of tokens — which Litecoin creator Charlie Lee sees as a bullish sign.   ‘Precursor of Price Going Up’ Tether has issued 250 million tokens (worth US$250) on June 25, according to Omni explorer. This follows its previous grant issued on May 18 of another $250 […]

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Hack Bytecoin for $557: New Findings Reveal Cost Of 51% Attacks

Wilma Woo · May 29, 2018 · 7:30 am A new resource claims to have calculated “accurate” costs for launching a 51% attack against some of the largest cryptocurrencies. Hack Bytecoin for $557 51Crypto, which includes in its listings Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Monero, states the cost of a one-hour 51% attack, along […]

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Billionaire Bitcoin Bull Partners with Bloomberg to Launch Cryptocurrency Index Platform

Osato Avan-Nomayo · May 10, 2018 · 12:30 pm Bitcoin proponent and former Goldman Sachs trader Mike Novogratz has inked a partnership deal with Bloomberg to launch a cryptocurrency index platform. Novogratz’s Galaxy Digital Capital Management LP and Bloomberg will establish the Bloomberg Galaxy Crypto Index (BGCI). The index service will provide trusted asset tracking […]

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EOS Surpasses Litecoin Despite New Criticism of Its ‘Useless’ Token

Wilma Woo · April 12, 2018 · 6:41 am Block.One’s Blockchain app platform EOS has come under fire after announcing its incoming mainnet ‘launch’ as its EOS token will have no “uses.” EOS Tokens Can’t Be Redeemed On EOS’ Nonexistant Platform The project, which today surpassed Litecoin by market cap and intends to allow developers […]

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