Stellar has gained the trust of Grayscale Investments, and so will follow the path of single asset trusts such as Bitcoin Investment Trust ($GBTC). Grayscale tweeted the announcement through Twitter- Hence Stellar will have a platform whereby it will help investors gain coverage towards Stellar Lumen’s native token lumens (XLM). The managing director of Grayscale Investments fully supports Stellar as he believes it has a strong use case of being a bridge currency in transnational money corridors. The data from Grayscale’s website states that Stellar Lumens Trust will begin with $0.4 million, under management. It equals to 3,870,000 XLM held...
Latest Cryptocurrency News & Guides
Binance Jersey Benefiting from UK’s Brexit Problems
Binance Jersey, which is the new fiat to crypto service provided by crypto exchange Binance has grown in wild demand. The cryptocurrency service giant did not expect the growing demand from the UK which mainly was due to UK’s rethinking of exiting the European Union. The CEO of Binance, Changpeng Zhao, took to Twitter to elaborate on the massive demand in Binance Jersey. As per the Tweet, he has assured that the KYC verifications will be speeded up by the deployment of additional resources. There was a 20 EURO bonus for the first 5,000 participants, and a massive round of...
Major Updates about BitTorrent Tokens (BTT)
The BitTorrent token (BTT) which is one of the key highlights in the next few weeks amongst crypto fans around the world, has released major announcements. The BTT token will be a TRC-10 standard token and will be utilized for the peer to peer file exchange services in the ecosystem of BitTorrent. As it will be a TRC-10 token, it will be supported by Tron’s blockchain and not the Tron Virtual Machine (TVM). The tokens will initially be used as a payment option for requesting upstreaming bandwidth. It will, later on, be used for purchasing content, tipping live streaming performers,...
Watching Ads For BAT Should Be A Reality Soon
Brave Browser which is the decentralized web browser has finally released its pay-to-surf’ model helping web users to gain money along with advertisers potentially. Brave pays users in their native token Basic Attention Tokens (BAT), which as of now has no method of withdrawal. However, these BAT tokens are in turn used by Brave user’s to incentivize their favorite websites who are in the Brave ecosystem. Brendan Eich replied to CNET’s writer Stephen Shankland’s tweet about an interview with him about Brave’s phenomenal web move. As seen above, it clearly states that BAT tokens will help create a new culture...
BitPay Records $1 Billion in Revenue For 2018
Bitpay known to be the largest cryptocurrency payments providers has accomplished an enormous feat in 2018. Over $1 Billion has been processed proving that cryptocurrency is very much alive and growing at a rate faster than is imagined. Bitpay had achieved great notch partnerships concerning B2C last year, with Dish Networks, HackerOne and even the State of Ohio utilizing its services. The B2B grew by a whopping 255% with law firms, data providers and IT vendors reaching out to accept Bitcoin with the help of Bitpay. The cryptocurrency giant has also efficiently coordinated its business by reducing payment error rates....
Bittrex and Bitsdaq team up! New platform on its way
Asia is such a mouthwatering market to some industries that they just cannot ignore it. There is absolutely no distinct product that will be lucrative in Asia, it is believed that pretty much anything can blow up there. The US-based crypto exchange, Bittrex has gotten the idea an is now partnered up with Bitsdaq to bring their services to the Asian market. The platform that will be born through this partnership, will offer a variety of cryptos to everyone willing to invest in Asia. It has already been reported that the platform to be used, belongs to Bitsdaq, with the...
Binance Jersey Brings Euro and GBP into the Crypto Scene
Binance made an interesting announcement today, opening Fiat deposits and withdrawals for European Union’s currency Euro and Great Britain’s Pound. The announcement highlights Binance.je which when clicked opens a page titled Binance Jersey. It is named after Jersey, given that the services are headquartered on the island of Jersey which is a British self-governing dependency. With the EURO and GBP being available through many ways such as debit cards and credit cards, Binance has ensured that crypto permitted countries fall in the jurisdictions. Countries such as China and the United States have not been included in the list. Binance’s...
Popular Cryptocurrency Exchange Cryptopia Hacked
Known cryptocurrency exchange, Cryptopia has faced a significant hack in which the team has confirmed the losses are substantial. The announcement was posted through it’s official Twitter- The announcement didn’t give specifics on how much was lost, however, according to Etherscan, 19,390 ETH was seen to move out from Cryptopia to an unknown address. As of now, Cryptopia’s website is down for supposed ‘Maintenance’ claiming to be back soon. The crime has not been taken lightly with government agencies, the NZ police, and High Tech Crimes Unit being informed to carry out a joint investigation. Cryptopia is a New Zealand...
Ethereum’s Constantinople Explained
Ethereum’s vision to build a global platform for decentralized applications seems to be a bit far fetched as of now. However, Ethereum’s Constantinople hard fork may be best suited to help it achieve its primary mission. Ever since the beginning of Ethereum in 2015, it has utilized a proof-of-work (PoW) consensus algorithm. Proof of work was invented way back in the ’90s to prevent spam and services attacks. Cryptocurrency’s such as Ethereum use proof-of-work to ensure their open source has some sort of governance to weaken bad actors. It wasn’t until cryptocurrency users grew to the millions when proof-of-work was...
Brave Browser Review 2019 – What Makes Brave Browser Special?
Brave is the latest unique browser to join the ever-expanding market. The open source and free browser from Brave Software Inc. has positioned itself as the browser that loads faster with better privacy protection. The browser keeps data safe and provides users with the power to save or delete it. It features a built-in ad tracker and blocker. Unlike most common browsers, Brave also helps to fight phishing and malware. Understanding the Brave Browser Model When Brave joined the market, it caused a buzz due to its unusual business model. The default ad blocking was viewed by many as a...
