Business

Can Crypto Record a 1,000x Return and Reach $200 Trillion Market Cap?

[ad_1] Last week, statements from Binance CEO Changpeng Zhao (aka CZ) and Ethereum co-creator Vitalik Buterin led the community to speculate on the possibility of the crypto market achieving a 1,000 return in value in the long-term.On Sept. 8, Buterin stated with the awareness of cryptocurrencies by the general public and mainstream reaching a peak in late 2017, it is unrealistic for the valuation of the crypto market to increase
BLOCKCHAIN

Kraken Joins Coinbase in Rebuking ‘Malicious’ Implications in New York Attorney General’s Exchange Report

[ad_1] Another major U.S. cryptocurrency exchange criticized a report from New York’s Attorney General Wednesday, September 19, after it chose not to respond to a voluntary information request.Kraken, which is headquartered in California, joined one of the largest U.S. players Coinbase in denouncing certain aspects of Barbara Underwood’s report as unfair.Mentioning several times that Kraken “refused” to take part in supplying information, Underwood, the exchange alleges, appeared to suggest it
Business

Australian Financial Regulator Issues Warning on ‘Misleading’ ICOs

[ad_1] Australian financial watchdog, the Australian Securities and Investments Commission (ASIC), has issued a warning on “misleading” Initial Coin Offerings (ICOs) and crypto-asset funds targeted at retail investors.The document was published Thursday, September 20, on ASIC’s official website.According to the release, ASIC has stopped five different ICOs from raising capital since April 2018. This was done due to the lack of appropriate investor protection measures on part of the fundraisers
Business

Crypto Thefts Have Tripled This Year, Totalling $540 million So Far

[ad_1] Japan’s National Police Agency has revealed that a staggering 60.503 billion yen ($540 million) worth of crypto was stolen in the first six months of 2018, Asahi Shimbun reports September 20.The agency is said to have stated that the number of reported incidents involving crypto thefts has hit 158 over the course of the first half of this year, triple the number of incidents reported for the same time
Business

Ripple Soars as Wider Crypto Markets See Flush of Green

[ad_1] Thursday, September 20: virtually all of the large-market-cap cryptocurrencies are in the green today, posting solid gains across the board, as data from Coin360 data shows.Market visualization from Coin360After a volatile week, Bitcoin (BTC) rebounded past the $6,400 mark yesterday night, hitting as high as $6,450 before correcting slightly and then trading sideways to seal its current trading price of $6,410. Bitcoin’s 24-hour growth is at 1.8 percent, according
BLOCKCHAIN

Poland’s Top Bank to Launch Blockchain Platform for Document Management Within ‘Days’

[ad_1] Poland’s largest bank will launch a blockchain solution for its customer documents via a partnership with UK-based Coinform “in the coming days,” the parties confirmed in a press release Thursday, September 20.Part of a drive to enhance security of customer data, PKO Bank Polski will use Coinform’s Trudatum to provide blockchain-issued paperwork to its some five million account holders.“Blockchain offers huge potential to increase competitiveness of the Polish banking