Cryptocurrency not a threat
The Financial Stability Oversight Board (FSOC) released a report explaining its annual list of potential threats that may destroy the world’s economy as we know it. One may expect that cryptocurrency would be placed in the top three of the list. However, to everyone’s surprise, there was no negative mention of cryptocurrency in the list.
Litecoin founder, Charlie Lee, sells all his Litecoin holdings
Charlie Lee, the developer behind litecoin, has given away and sold all his litecoin to avoid a conflict of interest.
Gibraltar is regulating blockchain
Another win for the blockchain industry as Gibraltar, one of UK’s overseas colonies, prepares to launch regulations relating to Blockchain technology. This would make Gibraltar an attractive location for blockchain-based fintech startups.
Bitcoin Cash users brace themselves for ‘Change the Address Day’
Bitcoin Cash investors, exchanges, developers, and businesses are all eagerly preparing for the Change the Address Day which will change the cryptocurrency’s protocol address.
XRP showing impressive growth
Predictions show that XRP could reach the price of $10 in the coming year and currently, almost every exchange is facing problems in dealing with the investors and processing their payments due to the amount of transactions that are being processed by their networks.
eSports causes litecoin price hike
Like most other cryptocurrencies, litecoin has had a stellar year in terms of growth, however, it’s latest price increase can perhaps be attributed to a surprising catalyst: eSports.
Estonian government to develop their own cryptocurrency
The Estonian Government has announced that they’re currently building their own state-backed cryptocurrency as well as a crypto asset market.
South Korean crypto exchange, Youbit, shuts down following second hack
After falling victim to a devastating hacking campaign for the second time this year, the cryptocurrency exchange, Youbit, has shut down.
European bank offers clients altcoin trading
The European bank, Swissquote, has recently announced that investors can now invest in up to four different altcoins on their trading platforms.
