Altcoin News

Floating Island Crypto Nation Aims for New Way of GovernanceFloating Island Crypto Nation Aims for New Way of Governance – Altcoin Today

The worlds first autonomous floating island nation-state is set to be completed by 2022 and has begun selling the cryptocurrency intended to drive the project today. Varyon Token On Sale Today The project which is backed by PayPal founder and billionaire Peter Theil is planned to be a sea-bound, city-state containing 300 homes along with a…

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R3 Consortium Releases New ‘Version’ of Its Corda Platform for BusinessesR3 Consortium Releases New ‘Version’ of Its Corda Platform for Businesses – Altcoin Today

Blockchain technology company R3 announced July 10 that it had released a “version” of its Corda blockchain platform aimed specifically at businesses. R3 is a consortium of over 200 companies that research and develop blockchain applications for the industries of finance and commerce. Corda Enterprise, ostensibly “optimised to meet the demands of modern day businesses,” includes a “Blockchain Application Firewall”…

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Tezos Takes The Biggest Drop Among The Billion-Dollar Coins

Since raising $232 million in a record breaking ICO a year ago, Tezos has seen its fortunes take a battering after a series of unfortunate events including embarrassing legal battles, regulatory issues, disgruntled community members and boardroom disunity. Against this backdrop, the coin, which was once heralded as a potential challenger to bitcoin with a…

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Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC ReportChinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report – Altcoin Today

China’s central bank, The People’s Bank of China (PBoC), has stated that the Chinese yuan now accounts for less than 1 percent of global Bitcoin (BTC) transactions, local news outlet Asia Times reports today, July 9. The PBoC released a new report on Friday, July 6, indicating that the yuan’s share of global Bitcoin trades has plunged in the months following…

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Decentralized Crypto Exchange Bancor Reports ‘Security Breach,’ Remains Down for ‘Maintenance’Decentralized Crypto Exchange Bancor Reports ‘Security Breach,’ Remains Down for ‘Maintenance’ – Altcoin Today

Decentralized cryptocurrency platform Bancor halted operations Monday, July 9, as it investigates what it calls a “security breach,” reportedly involving over $12 mln. A Twitter post confirmed the breach and Bancor’s halted operations, which the platform says is specifically to allow investigative work prior to a full statement being released “shortly.” “This morning (CEST) Bancor experienced a security breach. No user…

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UK Watchdog Welcomes First Crypto Startups to Regulatory SandboxUK Watchdog Welcomes First Crypto Startups to Regulatory Sandbox – Altcoin Today

For the first time, the U.K.’s financial regulator is directly recognizing the potential of blockchain-related startups. For the latest and fourth cohort of startups for its regulatory “sandbox,” the country’s Financial Conduct Authority (FCA) has given access to 11 blockchain and distributed ledger technology-related companies – almost 40 percent of the 29 accepted. The regulator…

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Filings Link Crypto Exchange Bitstamp to Game Maker NexonFilings Link Crypto Exchange Bitstamp to Game Maker Nexon – Altcoin Today

Public filings released in late May establish the strongest link yet between Bitstamp and Korean gaming firm Nexon, which was rumored to have bought the cryptocurrency exchange earlier this year. Those rumors date back to the spring when sources indicated that Nexon would pay as much as $500 million for Bitstamp, one of the industry’s…

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Google Co-founder Sergey Brin Reveals he is Mining EthereumGoogle Co-founder Sergey Brin Reveals he is Mining Ethereum – Altcoin Today

Co-founder of Google and President of Alphabet, Sergey Brin, revealed he is mining Ethereum with his son at a summit hosted by Sir Richard Branson on July 8. The panel also spoke on the potential of zero-knowledge proofs which underlie the privacy option of Zcash. Blockchain is a “Tremendous Opportunity” Sergey Brin, who has an…

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IOTA Ready to be Tested in EU Funded Smart City ProjectIOTA Ready to be Tested in EU Funded Smart City Project – Altcoin Today

+CityxChange is set to put the IOTA (MIOTA) Tangle technology to the test again in a multi-point, smart city project that has just received the green light and funding from the European Union. Greenlit and Funded Following the successful partnership with Taipei to create the first ever blockchain based smart city project, IOTA with +CityxChange will take on this much…

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