Category: Cryptocurrency

Libra Credit Receives Over $16 Million Dollars to Democratize Lending and Bring Liquidity to the Crypto Marketplace

SINGAPORE, APRIL 23rd, 2018 Libra Credit, co-founded by ex-PayPal executives Lu Hua and Dan Schatt, announced the receipt of over $16 million during its most recent token sale. Libra Credit’s products offer low interest lending products to investors of crypto currencies and crypto assets. Institutional investors participating in Libra Credit’s (LBA)

Libra Credit Welcomes ALPHABIT Fund CEO Liam Robertson to Advisory Board

Libra Credit, leader in lending and developer of a globally inclusive financial services ecosystem, announces the addition of Liam Robertson, CEO of the US$300 million regulated Alphabit Digital Currency Fund, to its Advisory Board. SINGAPORE, APRIIL 8th, 2018—ALPHABIT Fund CEO Liam Robertson, One of the Biggest Names in Cryptocurrency, Joins Libra Credit’s

Libra Credit CEO, Lu Hua, to Attend Inaugural Blockchain Forum in South Korea

Libra Credit CEO Lu Hua will join other innovative blockchain companies in industry meet-ups in Seoul, South Korea. SEOUL, SOUTH KOREA, APRIIL 3rd , 2018—Cryptocurrency executives and blockchain thought leaders will converge for the 1st Annual Deconomy Forum in Seoul, South Korea. Hua will connect with other cryptocurrency executives and

Binance Moving to Malta

Moving To Malta The most popular cryptocurrency exchange in the world, Binance, is making their move to Malta. The exchange with $1.6 billion of daily volume made over $200 million profit during quarter 1 of 2018. Binance currently has no official headquarters and tries to keep locations secret for security reasons. However,

Ethereum falls after rumors of a powerful mining chip surface – TechCrunch

Rumors of a new ASIC mining rig from Bitmain have driven Ethereum prices well below their one-week high of $585. An ASIC – or Application-specific integrated circuit – in the cryptocurrency world is a chip that designers create for the specific purpose of mining a single currency. Early Bitcoin ASICs,

Twitter moves to ban crypto ads – TechCrunch

Twitter is the latest social service to boot out cryptocurrency advertisers. The company told Reuters it will be launching a new policy this week to prohibit the advertising of token sales/initial coin offerings (ICOs), and crypto wallet services. Ads for cryptocurrency exchanges will also be banned — with some limited exceptions. Facebook announced

Rakuten will roll its $9B loyalty program into a new blockchain-based cryptocurrency, Rakuten Coin

Back in 2016, Amazon’s Japanese rival Rakuten acquired Bitnet, a bitcoin wallet startup that it had previously invested in, to help it work on blockchain technology and applications. Today, one of the first fruits of that deal has come to light. The company is planning a new cryptocurrency called Rakuten Coin

Ledger is working on new native apps for its cryptocurrency hardware wallet

French startup Ledger is making some of the most secure cryptocurrency hardware wallets out there. But the company’s apps aren’t that great. That’s why the company announced that Ledger has been working on brand new native apps for all desktop and mobile platforms. Right now, Ledger relies on Google Chrome

Unsplash raises $7.25M to bring cryptocurrency to its free, curated photo platform

Unsplash is rethinking the way photography gets distributed and monetized, and today it’s announcing a $7.25 million Series A to fund those efforts. The site actually started as a side project for freelance marketplace Crew, but eventually the founders decided to focus on Unsplash and sold Crew to Dribbble. While

Samsung confirms it is making ASIC chips for cryptocurrency mining

Fresh from toppling Intel as the planet’s biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips which are used to mine bitcoin, ether and other cryptocurrencies. “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose

Chat app Line announces plan for cryptocurrency services, loans and insurance

Line, the messaging app with around 200 million monthly users, is embracing bitcoin and other cryptocurrencies to fend off increased competition from Facebook and others. The Japanese company today announced the creation of a new financial services division which will spearhead a move into cryptocurrencies and other services including loans

New to Cryptocurrency, Tokens and ICOs? Do not know what ones to Invest in? Check out this ICO WATCH LIST for the answers!

New to Cryptocurrency, Tokens and ICOs? Do not know what ones to Invest in? Check out this ICO WATCH LIST for the answers! By: Joseph Reis – X Tech News Initial Coin Offering (ICO) is a fundraising mechanism that has improved the operations of newly and upcoming companies. This innovation