Akon Launches Akoin: Another Celebrity Enters the Crypto Market

Akon launches Akoin

Akon launches Akoin: To add to the list of celebrities that have been entering the cryptocurrency market, singer Akon has announced that he has launched his own cryptocurrency called Akoin.

Akon Launches Akoin: Cannes Lions 2018

Akon announced his new coin Akoin at the Cannes Lions 2018 ‘Blockchain, Entrepreneurship and Empowering the Future’ panel on Saturday, June 18th.

Leading up the event, Akon tweeted about his upcoming stint at on the panel.

I’ll be speaking at @Cannes_Lions today on “Blockchain, Entrepreneurship and Empowering the Future…Come check it out at 3:30 on the ...

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Leftover Euros Can Now Be Exchanged for Crypto at Schipol Airport!

euros for cryptocurrency

We all know it can be a pain to exchange foreign currency, but Amsterdam’s Schipol Airport is trying to help people avoid that hassle. Travellers going through Schipol Airport will now be able to exchange any leftover euros for cryptocurrency!

Specifically, people will be able to trade euros for Bitcoin (BTC) or Ethereum (ETH) at one of the several Bitcoin ATMs that have been set up at Schipol’s Arrival Hall 2 and its Departure Halls 1 and 2.

According to the official press release reported on Wednesday, the ATMs are currently on a six-month ...

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XRP and MIOTA on FCoin’s Listing Plans – Opening This Week!

FCoin Lists XRP and MIOTA

FCoin Lists XRP and MIOTA: It’s going to be a big week for Ripple (XRP) and IOTA (MIOTA), as well as six other cryptocurrencies. Every week is important in the crypto sector, but this week has an edge up on, say, last week. Why? Because XRP and MIOTA, as well as several other digital currencies, are featured on FCoin’s listing plans for the week. 

FCoin Lists XRP and MIOTA

On Wednesday, FCoin released its listing plans for the week on its website. There will be a total of eight cryptocurrencies opening on the FCoin crypto platform ...

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Bithumb Hacked for Over $31 Million USD – Crypto Market Rebounds

Bithumb

The world’s sixth largest cryptocurrency exchange by daily trade volume, Bithumb, has just been hacked for $31 million. This morning the South Korean exchange announced that hackers had stolen close to 35 million Korean won for its system.

[긴급공지] 입출금 서비스 전면 중단 안내
암호화폐 입금을 중단해 주시기 바랍니다. 오늘 새벽 약 350억원 규모의 암호화폐가 탈취당했습니다. 회원님의 자산은 콜드월렛에 안전하게 보관되고 있습니다. 당분간 거래서비스 외 암호화폐 입출금 서비스 제공을 중단합니다. >> https://t.co/GVs8jLyq2I

— 빗썸 (@Bithumb_Korea) June 20, 2018

The tweet above has been translated from Korean to English and says:

...

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Stellar (XLM) & Tron (TRX) Shine – Coin Prices Rebound Amid Big Movements

Stellar (XLM) & Tron (TRX)

Stellar (XLM & Tron (TRX) – Most of the cryptocurrency market is in the green this morning, as we kick off our Tuesday. Ethereum (ETH) is still trading well below $550, but Bitcoin (BTC) seems to be making a surge towards the $7,000 range. Tron (TRX) remains the top coin with percentage gains today on the market, out of the top 100 cryptocurrencies.

Let’s take a look at the latest developments of two top 10 coins; Stellar and Tron.

Stellar (XLM)

ItBit is the first qualified custodian & licensed exchange to receive ...

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Cardano (ADA) Added to eToro – Cardano Updates Galore

Cardano (ADA)

Cardano (ADA) – eToro, the world’s leading social trading broker that now offers cryptocurrency trading,  is now offering Cardano (ADA) on its platform.

New #Cryptocurrency alert on eToro!

Cardano $ADA is now available for trading on our platform.#cryptos

— eToro (@eToro) June 17, 2018

eToro is not yet available in the United States. The social trading platform currently offers the following digital currencies:

Bitcoin (BTC) Ethereum (ETH) Bitcoin Cash (BCH) Ripple (XRP) Litecoin (LTC) Ethereum Classic (ETC) Stellar (XLM) DASH NEO EOS

Almost a month ago, eToro announced  ...

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Freedom of the Press Foundation Accepts Cryptocurrency Donations

Freedom of the Press Foundation accepts cryptocurrency donations

As of this Monday, June 18, 2018, the Freedom of the Press Foundation accepts cryptocurrency donations. But what tokens is it accepting?

Freedom of the Press Foundation Accepts Cryptocurrency Donations

The non-profit helps journalists to report on issues such as the “mismanagement, corruption, and law-breaking in government.” The foundation has announced that it is accepting Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and Zcash (ZEC).

The foundation hopes to add more cryptocurrencies in the future, but currently, donations can be made to the digital wallets that have been added to the Freedom ...

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Top Crypto News | June 11 – June 15, 2018

top crypto news

Top Crypto News – The second full week of June is now over, and a lot of stuff went down. To say that the week started off poorly would be a bit of an understatement, too. However, things picked up towards the end of the week.

In this article, we will be covering both the good and the bad. So, without further adieu, here is this week’s top crypto news. 

Top Crypto News | June 11 – June 15, 2018 Monday, June 11

Monday was not a good day. News broke on the 11th ...

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Walmart Creating a Bitcoin-Powered Electrical Grid

Walmart creating a Bitcoin-powered electrical grid

Walmart Creating a Bitcoin-Powered Electrical Grid – In many ways, blockchain technology is going to provide the world with a lot of good. However, the technology does have a couple of downsides. While there is an increasing concern over the energy consumption of blockchain, companies around the world are trying to reduce this problem’s severity. 

The latest company to venture into solving this issue is retail behemoth Walmart.

Walmart Creating a Bitcoin-Powered Electrical Grid 

On Thursday, word broke that Walmart had won a patent for the development of a Bitcoin-powered electrical grid. Now, this ...

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Steve Bannon Moves into Crypto – How? Why? Doing What?

Steve Bannon moves into crypto

Steve Bannon Moves into Crypto – In August of 2017, President Donald Trump decided to remove Steve Bannon from his administration. Since then, Bannon has been the subject of scrutiny. In fact, some have recently gone as far as saying he is a man who disrupted U.S. politics. Now, however, it’s June of 2018, and Steve Bannon has moved on from politics. Specifically, he’s moving onto cryptocurrency.

Yes, you heard that right. Steve Bannon is reportedly now involved in the crypto space.

Steve Bannon Moves into Crypto

On Thursday, Bloomberg reported that Bannon has ...

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Thomson Reuters to Track Sentiment Data of Top 100 Cryptocurrencies

Thomson Reuters

In a partnership with MarketPsych Data LLC, the Canadian news and information company Thomson Reuters has expanded its sentiment data to cover the top 100 cryptocurrencies.

According to Thomson Reuters, sentiment analysis of the cryptocurrency market “often requires understanding the top cryptocurrencies at any given time, where individuals get their information, which digital platforms are used for communication, and how specific language or terms used may signify future trends.”

Noting that market insights for cryptocurrencies are “unique,” Thomson Reuters will be using the new TRMI Cryptocurrency Sentiment (TRMI 3.1) system that will monitor over ...

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Cardano [ADA] Head Focuses on Product – Isn’t Concerned with the Price of ADA

Cardano [ADA]

Cardano [ADA] – Cardano’s co-founder, Charles Hoskinson, has been a long-criticizer of crypto day-traders and those concerned over the daily price of coins.

The ignorance and stupidity of day traders never ceases to amaze me. I do not and legally cannot influence price. It’s not within my power. Stop looking to me as a get rich quick solution. I’m here to build Cardano and we are provably doing that every single day https://t.co/F18AoyiV1z

— Charles Hoskinson (@IOHK_Charles) March 9, 2018

Hoskinson followed his statement by saying:

The markets went from ...

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Coinbase Index Fund is Officially Open for Investment!

Coinbase Index Fund

The Coinbase Index Fund is now officially open for investment!

Coinbase Index Fund

Starting today, the Index Fund is open to investment starting from a minimum of $250,000 USD and ranging to a maximum of $20 million. It is only open for accredited investors who are residents in the US.

First announced back in March 2018, the Coinbase Index Fund is meant to “give investors exposure to all digital assets listed on Coinbase’s exchange, GDAX, weighted by market capitalization,” where they have highlighted that they are “excited to give [Coinbase] customers the ability to ...

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Tron [TRX] & VeChain Thor [VEN] [VET] Fall Despite Big Movements

Tron [TRX] and VeChain Thor [VEN] [VET] -

Tron [TRX] & VeChain Thor [VEN] [VET] – The total cryptocurrency market has fallen below the $300 billion mark again – hitting a year-low reached back on April 1st. However, this time last year, the entire market cap was just over $100 billion. Will it drop below $200 billion again? We shall see.

At press time, Bitcoin (BTC) is trading at $6,748.79 a coin, down –4.45%, in 24 hours. Ethereum is trading at $473.70 a coin, down -10.03% and Ripple (XRP) is trading at $0.531 a coin, down -8.54%, in 24 hours.

Let’s take ...

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Ontology CarBlock Partnership: ONT Entering the Automotive Industry

Ontology CarBlock partnership

An Ontology CarBlock partnership is forming, as Ontology decides to dip its toe into the automotive industry and join forces with the transportation blockchain CarBlock.

Ontology CarBlock Partnership

CarBlock is, according to its website, the first blockchain-based transportation solution that will eventually lead to easier handling of auto insurance, maintenance, dealerships, and automotive reports.

According to the Ontology press release that was linked from its Twitter, the agreement between Ontology and CarBlock will allow both companies to “collaborate in core technology, integrate business resources, and cooperate in community operations.”

As a part ...

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Coinbase Adding Ethereum Classic (ETC): Support Coming Soon!

Coinbase adding Ethereum Classic

Coinbase adding Ethereum Classic (ETC): Announced earlier, it’s official – the cryptocurrency exchange Coinbase is adding support for a new token, Ethereum Classic!

Coinbase has long been the exchange that has only supported a few tokens, those being Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). When Coinbase announced it was adding support for ERC20, the hope was that this meant the exchange would soon be adding other tokens to its list – and that hope is now realized.

“We are pleased to announce our intention to add support for Ethereum Classic ...

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UK’s FCA Issues Letter to Banks Over Crypto Risks

FCA

The UK’s Financial Conduct Authority (FCA) issued a letter on Monday to bank CEOs over the potential risks that they face when dealing with cryptocurrencies.

A Letter from the FCA

Criminal activities are synonymous with cryptocurrency use and the letter is said to suggest “good practice” that banks can follow to be vigilant against these activities.

According to the FCA, the letter details how firms should handle financial crime that may occur as a result of “cryptoassets,” which the FCA defines as cryptocurrencies or any type of “publicly available electronic medium of exchange that ...

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Binance Euro Trading Pairs – It’s Happening this Year!

Binance euro trading pairs

Binance euro trading pairs – it’s finally happening! This is huge news because this will be the first fiat currency option to become available on Binance.

Binance has always previously been strictly a crypto-to-crypto exchange. It hasn’t dealt in fiat currency, mostly because fiat exchanges are usually subjected to more regulations than crypto-to-crypto exchanges. But being a crypto-to-crypto exchange has its limits as well, namely that it means customers can’t cash out directly from the exchange.

CEO of Binance Changpeng Zhao told Bloomberg that the exchange would be launching Binance euro trading pairs later ...

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Stellar [XLM] Progress – Big Things Stirring While Flying Under the Radar

Stellar [XLM]

Stellar [XLM] has been flying under the radar lately and has left many of its investors wondering what the team behind the project has been up to. Well, the project just released its May “Stellar Roundup.”

It’s June! That means the monthly Stellar roundup for May has arrived!

You can read it on our website: https://t.co/jsae1ItevH#stellar #blockchain #Cryptocurrency

— Stellar (@StellarOrg) June 5, 2018

While there weren’t any new major partnerships that were announced, Stellar did give a list of their upcoming appearances around the globe. The team will be ...

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VeChain Thor (VET) and Ethereum Classic (ETC): Being Accepted

VeChain Thor (VET)

The crypto market is struggling today, and many coins are down, including VeChain Thor (VET) and Ethereum Classic (ETC). However, despite all the red, the coins are progressing in their projects.

VeChain Thor (VET)

VeChain Thor (VET) is currently selling for $3.11, which puts the coin down 14.49% in the past 24 hours.

The VeChain Thor public testnet is now up and running, getting ready to go live at the end of June. Leading up to its mainnet launch, VeChain has announced several big partnerships.

The VeChain Foundation is joining the BMW ...

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