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$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories


During the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging BTC prices down. Moreover,...

Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin


According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners...

Chinese Regulators Question 8 Crypto Companies in Shenzhen


Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...

BCH Is An A-Class Crypto for Auditability


Crypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditability. Taking into account node operation, synchronization, normal operation, code audit and extraction of ledger data, the top 10 cryptocurrencies...

Binance Coin (BNB) Exhibits a Positive Intraday Growth; Trades at $13.40


Binance Coin is currently trading at $13.40 and gains steady support from $13.26—9-day daily moving average. The coin has traveled from the high of $18.72 to the lowest at $12.14 in a period of the past 30 days. The downtrend has been quite noticeable as the coin has lost sturdy support from 49-day...

Altcoins Drop Against Bitcoin as the Top Coin Increases its Dominance


Despite a recent rally against USD, majority of the top 100 altcoins are in red against bitcoin (BTC) today. Also, the bitcoin dominance, or the percentage of the total market capitalization, increased to almost 68% and is at a three-month high. In the top 10, only EOS (EOS) has registered gains...

France Approves First ICO


The French financial markets regulator, the Autorité des Marchés Financiers (AMF), has made its first initial coin offering (ICO) approval. While token sales remain legal as a fundraising option in France, only those that have been approved by the AMF may be marketed directly to...

Circle Prepares for Crypto Mass Adoption as USD Coin Trading Volume up 954%


Jeremy Allaire. Source: a video screenshot, Youtube, IMF Major crypto financial services firm behind the USD Coin (USDC) stablecoin, Circle , intensifies competition in the stablecoin market as the company estimates mass crypto adoption in 2-3 years. In the meantime, USDC trading volume has already...

Russia’s Hydra Darknet Marketplace Plans $146M Token Sale


According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory...

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