What Happens When A Company Releases An ICO

An Initial Coin Offering (ICO) is similar to the working process of an IPO, however, it is a mechanism by which cryptocurrency companies sell their tokens in exchange for bitcoin, ether, ripple and other digital cryptocurrencies. ICOs are a relatively new concept that came about after the release of Bitcoin and the blockchain technology and... Continue Reading →

3000% Increase in Cryptocurrencies since 2013

CoinMarketCap, the leading provider of cryptocurrency data, listed its 2,000th crypto asset this month with the addition of Labh Coin (LABH). This milestone states that there have never been more cryptocurrencies in existence than now. As of now there are 2,112 cryptocurrencies tracked by the data site, the most trafficked according to data from Alexa.com. This... Continue Reading →

$571 Million in Cryptos Stolen By North Korean Hacking Group Lazarus

Lazarus, a notorious North Korean hacking group stole over half a billion dollars in cryptocurrencies as the report indicates. Lazarus was behind 14 hacks on crypto exchanges since January 2017, reaping a massive $571 million from the attacks. Officials in South Korea said in February that North Korean hackers likely stole tens of millions of dollars' worth in cryptocurrencies in... Continue Reading →

FinTech Firm Completes Ripple Blockchain API Payment in First Cross Border Payment

A Malaysian FinTech startup, approved by the central bank, that specializes in international money transfers has completed its first cross-border transfer on RippleNet- Ripple's enterprise blockchain platform that uses an API solution. Kuala Lumpur-based MoneyMatch has completed its first cross-border blockchain transaction with a payment from Malaysia to Spain, according to a local report from... Continue Reading →

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