• Market Cap: $266b

  • Oct 18, 2024

Read latest and exclusive news on cryptocurrency and blockchain on a daily basis. Our team summarizes the news stories in a concise and straightforward language so that even the beginners can follow through.

Xapo is Storing $10 Billion worth of Bitcoin Stored Behind Blast-Proof Vaults

Xapo is reportedly storing $10 Billion worth of Bitcoins in an underground network of blast-proof vaults, which is basically 7% of total Bitcoins in circulation!

Reserve Bank of Zimbabwe Bans Banks From Dealing with Those Involved with Cryptos

The Reserve Bank of Zimbabwe (RBZ) has issued an order to all financial institutions in the country to no longer deal with those involved in the crypto trade.

Nvidia Q1 Profit Soars By 145% - $289 Million Generated from Cryptocurrency Mining

Nvidia recorded a revenue of $3.21 Billion in Q1 2018. Out of these $3.21 Billion, $289 Million came from sales to those involved in cryptocurrency mining.

Ethereum Classic Investment Trust Opens Up for Retail Investors!

Ethereum Classic Investment Trust provides access to ETC’s market and is designed by Grayscale Investments

Supreme Court of India Rejects Plea for Interim Injunction in Crypto Case

The Supreme Court has rejected a plea for an interim injunction by Securities and Exchange Board of India (SEBI) in the case for regulating cryptocurrencies.

Facebook Considering Plans to Launch Its Own Cryptocurrency

Along with the blockchain efforts, Facebook is looking towards creating a cryptocurrency that would allow their users to make digital payments over the platform

Huawei Introduces the BTC.com Wallet on their AppGallery App Store

Huawei has teamed up with BTC.com to introduce their wallet on the AppGallery app store. This wallet would now come pre-installed in new Huawei smartphones.

Bloomberg to Launch a Crypto Index

Bloomberg has partnered with digital assets asset management company Galaxy Digital Capital Management to create the Bloomberg Galaxy Crypto Index (BGCI).

Chinese Govt. to Issue Blockchain Regulations by 2019

China is working on launching new laws on blockchain by 2019.

Upbit, South Korea’s Largest Cryptocurrency Exchange Under Investigation for Fraud

South Korea’s largest cryptocurrency exchange Upbit is being investigated by the FSC over suspicions of balance sheet fraud to cheat investors.