Wednesday , 13 December 2017

News

Litecoin price hits $300

Litecoin price has achieved $300, as it surpassed IOTA with a $15 billion market cap, to become the fourth largest cryptocurrency in the world behind Bitcoin Cash. Ari Paul, a prominent bitcoin analyst and the co-founder of Blocktower Capital, noted that the market cap of Litecoin has surpassed the entire cryptocurrency market valuation 15 months ago. Earlier today, Litecoin creator …

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Parity calls for Ethereum hard fork

Parity Technologies has published an update on its efforts to reclaim funds lost in a high-profile coding error that occurred on ethereum last month. In a blog post about the subject, the Parity team mentioned past issues that plagued ethereum, and tries to cast their recent incident as just another example. They fail to mention that more than half a …

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ViaBTC launches a new exchange focused on Bitcoin Cash

One of bitcoin’s biggest mining pools, ViaBTC announced its launching of a new cryptocurrency exchange platform with a focus on Bitcoin Cash based in the U.K. The exchange’s base cryptocurrency will be bitcoin cash, which forked away from the main bitcoin blockchain earlier this year. CoinEx, which was incorporated on Dec. 4 according to public filings, will offer trading pairs …

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Zcash reveals the roadmap for 2018

As became known from a roadmap published today, the development team of zcash is planning a series of network upgrades for next year. According to the zcash blog, are planned two milestone upgrades – “Overwinter” and “Sapling” – the latter of which was discussed in a roadmap update earlier this year. According to the post, the goal of next year’s …

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Major gold dealer APMEX will accept Bitcoin

APMEX said on Dec. 8 that it would begin to accept the cryptocurrency through an integration with payment processor BitPay. It’s also offering a small discount on purchases made with bitcoin in order to drum up interest in the new feature. The company said in a statement: “For more than 15 years, APMEX has been an industry leader and along …

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Cryptocurrency exchange Bitfinex is going through withdrawal difficulties

These days Bitfinex is receiving numerous complaints from customers who have been waiting for days for withdrawals in a range of cryptocurrencies to process. Thus the company has issued an explanatory document seeking to clarify the reasons behind their failure to complete withdrawals. The document, titled “Explanation”, states “Over the last few days, we were hit by a mixture of …

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Lightning Network is almost ready

The startups behind the three most active Lightning implementations have revealed test results, including live transactions, proving their software is now interoperable. The findings, released by ACINQ, Blockstream and Lightning Labs, effectively bring Lightning (the mechanism many see as the best solution for increasing bitcoin’s capacity) closer to public launch. Firstly, the Lightning specifications, in progress since last September, have …

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Bitcoin hits $15k

Bitcoin has advanced $1,000 higher in what is becoming an almost daily occurrence for the virtual currency. On December 6 when the price tackled $13K and then $14K, a large portion of volume stemmed from South Korean exchanges, most notably Bithumb. The KRW volume has dropped a touch, and the EUR has gained some significant steam. However, the Japanese yen …

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Mobile banking app Revolut enables cryptocurrency trading

A London-based digital payments company is allowing its customers to buy, hold, and exchange bitcoin and other digital currencies through its mobile app. Revolut, which provides a service to people enabling them to transfer money across borders with no fees, will now be able to access bitcoin, litecoin, and ethereum in a matter of seconds, alongside 25 of the world’s …

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Western Union disallows cryptocurrency-related services

Western Union (WU), the famous international money transfer services provider has launched a campaign against wire transfer transactions involving digital currency exchanges. The company’s decision is covered by its internal regulations. According to the post by a Reddit user in early December 2017, the company has reportedly advised the cryptocurrency exchange Kraken that it is not processing a transaction related …

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