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As per the declaration, the Series Seed round was driven by funding firm Serena, with cooperation from Bertrand Diard, Sébastien Lucas, bitcoin dealer Alistair Milne, and Yves Weisselberger. Counting past financing, ACINQ — which was established in 2014 — has now brought $2 million up in 2018. The Lightning Network,...
Mongolia recently saw its first licensed digital currency start circulating after the country’s central bank, the Bank of Mongolia, allowed its largest mobile telecoms operator, Mobicom, to issue it. According to Mongolia’s official state media outlet Montsame, Mobicom’s financial arm Mobifinance was allowed to issue the e-currency to investors after a...
Zebpay, one of India’s largest cryptocurrency exchanges, is shutting shop. Hamstrung for months by the Indian central bank’s diktat disallowing banks to undertake any cryptocurrency-related transactions, the company said it was shuttering its exchange. “The curb on bank accounts has crippled our, and our customers’, ability to transact business meaningfully. At this point,...
Over the past week, the bitcoin price has increased nearly 8% in a steady grind higher, taking it above the psychologically important USD 6,500 level. The most interesting thing to note about the rally, however, is that it has come without any obvious fundamental drivers to point to, and despite news coverage...
On Thursday afternoon, WazirX Chief Executive Officer (CEO) and founder, Nischal Shetty announced that the exchange had been listed on CoinMarketCap. https://twitter.com/WazirXIndia/status/1042673018428899328 Following this announcement, Crypto-News India reached out to Shetty and asked him some questions on how this exciting development came about. Here’s what we found out: Q1. Some of our...
Ueli Maurer, the Swiss Minister for Finance and Joerg Gasser, the State Secretary for International Financial Matters visited Israel to gain access to the country’s market and to enable Swiss banks to trade there. A report for Reuters stated that the two nations have agreed to collaborate on financial technology,...
Kraken, a popular exchange based in the U.S., has announced that it will be expanding its OTC trading platform which will improve the performance of large block trades for all its clients. “Kraken is excited to announce a major expansion to our OTC trading platform which will enhance the execution...
Over the last 24 hours, the cryptocurrency community has been discussing a critical vulnerability that was found in the Bitcoin Core (BTC) reference client. A bug introduced in Bitcoin Core version 0.14, that also affects all subsequent versions, could have caused a great majority of current Core nodes to...
While we all know that true bitcoin believers like to “hodl” their coins, a recent research have helped to understand the real extent of pure hodling versus other uses like trading and spending. The research by weekly cryptocurrency publication Diar found that over one third of total bitcoin supply, or...
The Great Crypto Crash of 2018 looks more and more like one for the record books. As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent. The tumble has now surpassed the Nasdaq Composite Index’s...