Huobi releases “Acute Angle” an Android-based blockchain phone in China

With the launch of their native token NODE on September 11th, Huobi has also launched their first blockchain phone, Acute Angle. First information about the phone were published in a press release earlier this week. Huobi Global and Huobi Capital worked together on the 6th Huobi Prime trading event, which included the phone and native…

ByZoran SpirkovskiSeptember 12, 20190Comments

Altcoins News

Russian Firm “ICO Rating” Fined $268,998 by the SEC

ICO Rating has been fined $268,998 by the US Securities & Exchange Commission (SEC). This was after the Russian based analytics company hid information about the earnings it received from advertising digital offerings. According to a Press release by the SEC dated August 20, 2019, the Initial Coin Offering (ICO) center generated reports of virtual assets,…

ByGrace MuthoniSeptember 11, 20190Comments

Markets

Altcoins Are Starting To Rally, Yet Crypto Winter May Not Be Over

The past four weeks have seen impressive movement in the altcoin markets, creating optimism that the long, slow valuation decline may finally be at an end. Most alt prices both in fiat and against Bitcoin have either increased or moved sideways since early August. Other indicators are also fueling the speculation that the altcoin bear…

ByTrevor SmithSeptember 9, 20190Comments

Altcoins Bitcoin

Point of Sale Systems Will Soon Play a Major Role in Crypto Mass Adoption

Cryptocurrency adoption is now moving in many directions as developers continue to explore use cases for blockchain technology. Nevertheless, its most important function will likely remain as a decentralized digital asset. As more people across the globe seek to use crypto for purchases, point of sale technology (POS) will increasingly be the bridge that enables…

ByTrevor SmithSeptember 7, 20190Comments

News

New Jersey Signs Bill on Blockchain Taskforce

Blockchain application research is set to premier in New Jersey. This was after Governor Phil Murphy assented to the S2297 bill. The law’s mandate is to create a commission that will explore blockchain options for the state. This news was published at New Jersey’s website in late August. According to the site, the Governor made this…

ByGrace MuthoniSeptember 5, 20190Comments

Altcoins

China’s Central Bank Plans to Create a Digital Currency to Rival Facebook’s Libra

The Central Bank of China has indicated plans to establish a digital coin. Already supported by the cabinet, this coin will come in handy in positioning China in the crypto sphere. Speaking at a past forum at Peking University, Wang Xin, the Research Bureau chairperson of the People's Bank of China (PBOC) mentioned that the…

ByGrace MuthoniSeptember 3, 20190Comments

Altcoins Bitcoin Ethereum

Ethereum Faces Significant Scaling Challenges, Buterin Expresses Long-Term Concerns

Like most altcoins, Ethereum has seen its market recovery stagnate over the past few weeks. Nevertheless, development of the platform is aggressively moving ahead. A major upgrade, named Istanbul, is expected to take place in September and network usage continues to grow. This progress has once again highlighted the scaling challenges facing the platform, which…

ByTrevor SmithSeptember 1, 20190Comments