• RAKBank launches block-chain based payments to India
  • Monetary Authority of Singapore issues consultation on Payments bill
  • Dash Prices surge to reach an all time high of $600
  • Mad Money host Cramer joins the critics
  • SmartOne: First decentralized legal community

Bitcoin now owns 61 percent of total share in the global cryptocurrency market

This is the first time since March when the Bitcoin dominance surpassed 61 percent, making it the leading digital currency in the global cryptocurrency market. The first nine months of this year was a nightmare for Bitcoin when the dominance index of Bitcoin fell from around 90 percent to 30 percent. It has started climbing up again and gradually crossing the 60-percentage mark. This has been possible as many investors…

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Is Bitcoin becoming harder to spend?

Bitcoin is setting new records for its all-time high rates, but the digital currency is getting harder to spend according to a Canadian reporter Don Pittis. History was made when in 2010, Laszlo Hanyez made history as he become the first man to purchase two Dominos Pizza for 10,000 bitcoins. At that time the value of coins were worth very little so transactions seemed easier. Now, though one bitcoin is…

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HCash: Startup raises AUD $53 Million in a record ICO

HCash a blockchain development start-up just closed its initial coin offering, raising nearly AUD $53 Million in the process which is one of the largest ICO to date in Australia. Melbourne-based HCash revealed details of its first round of funding from June 28 to July 15. The start-up managed to raise 21,000 Bitcoins during its first round. Using the bitcoins value on the date of closing, the total fund amounted…

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Universa: Block Chain Protocol For The Future

Very few ICO have generated more hype and prerelease demand than Universa, the new block-chain project that is aimed to improve on the current infrastructure that is provided by either the Bitcoin or the Etheruem. It will give easy to product smart contracts system. In practice Universa will attempt to become more than just an ecosystem for cryptocurrency payments and tokens. This crypto-currency promises to provide a next generation blockchain…

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British Telecommunications awarded a patent for block-chain security

One of the largest telecoms and internet service provider was awarded a patent proposed to provide cyber-security for the block-chains available. This Patent was awarded to British Telecommunications PLC (BT) on 31st October. This patent to provide means for preventing malicious attacks on block-chains by limiting transactions of users in the network who doesn’t fit the security requirements. The new code in block-chain will automatically filter out bad transactions and…

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Munchee: The World’s First Decentralized Food Application

Munchee is a block-chain based social network application for food reviews. It has the potential to produce more credible food reviews than existing applications that are already available. Reviews in traditional applications can be manipulated. The Munchee application will be used as a marketing tool by the leading restaurants to gain favorable and credible reviews. This app will use the block-chain technology to authenticate reviews. Munchee guarantees that reviews are…

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Bitcoin is a better investment than Gold – Apple’s Co-Founder

Apple’s co-founder Steve Wozniak believes that bitcoin is a better investment than the old hot “Gold” and the famous US dollar. The Bitcoin Magazine reported, Wozniak made this claim at the Money 20/20 conference in Las Vegas. He explain that although Bitcoin is known for its price volatility it is still better than government backed currencies as it has fixed supply while fiat currencies can be easily diluted by increasing…

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Cars being sold with Crypto-Currency

A car dealer in Malaysia held a sales event for luxury cars in Bukit Jalil, Kuala Lumpur Malaysia on 6th of October. He successfully sold 8 luxury cars: 1 Mini Cooper S, 2 Toyota Vellfire MPV, 1 Audi Q7, 1 Porsche 911, 1 BMW 5 Series and 2 Mercedes CLS 350. All these cars were sold on a cryptocurrency named MSD which was price at $0.10 per coin during the…

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MinexCoin: A coin with low volatility

Crypto-currencies have always been under the speculation of high volatility. MinexCoin is an ambition project initiated by MinexSystem which attempts to solve the problem of volatility. It will start trading on November 1st. It offers an innovative solution that uses both the blockchain technology and the traditional finance system to deal with the problem of high volatility. Experienced trades bank with high profits speculating large rises and falls in coins,…

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Australia publishes draft laws for relaxed fintech and cryptocurrency regulations

The government of Australia has published laws that will enhance the rules and regulations on FinTech startups by letting them operate without a full license. This allows crypto-currency transactions within the country without any hassle. The government released new drafts of the framework for the new regularities. It will relax the requirements of license for new and innovative FinTech start-ups in the country. Each company had meet all licensing requirements…

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