China: FCoin Accused of Crippling Ethereum Network for Cheap Publicity

A little-known Chinese crypto exchange is allegedly responsible for the unusually high Ethereum network congestion and gas fees recorded over the past few days. FCoin, founded by Zhang Jian, formerly of Huobi, is accused of deliberately encouraging a rash...

Global: Blockchain Game Lets Players Predict 2018 World Cup Winners For Ethereum Cryptocurrency Prizes

The 2018 FIFA World Cup takes place in Russia from June 14 to July 15 this year and billions of people from across the globe will gather together to cheer on their favorite football teams. An estimated one billion people watched...

US: CBOE Close to Launching Ethereum Futures

CCN
CBOE, the Chicago exchange that pioneered the listing of bitcoin futures in the U.S., has quietly begun telling market makers that it is close to launching a new cryptocurrency product: ethereum futures. Citing an unnamed source with knowledge of...

HK: Ethereum Entering ‘Phase 2’ Following Launch of Most Complex DApp

CCN
At the RISE conference held in Hong Kong, the largest technology conference in Asia attended by 15,000 attendees, Ethereum co-founder Joseph Lubin said that the Ethereum blockchain has entered phase two of its development, following the launch of the...

Global: Ethereum to Combine Casper and Sharding Upgrades

Github
Ethereum (ETH) developers have recently discussed the most significant upcoming updates to the ETH network at Ethereum Core Devs Meeting #40 that took place Friday, June 15. image via Shutterstock

Global: Ethereum Classic is coming to Coinbase

New cryptocurrencies get added to crypto-exchanges all the time, but when Coinbase adds one, it's news. Coinbase, the largest U.S.-based cryptocurrency exchange, has only supported four coins so far: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The addition of Ethereum Classic...

Global: Ripple's XRP and Ether Drop Double Digits in Massive Cryptocurrency Sell-Off

CNBC
Bitcoin has had a tough week but it was other, lesser-known cryptocurrencies leading the selling-spree Tuesday. Ether, which is the second largest cryptocurrency behind bitcoin, was the biggest loser among the top five by market capitalization and fell more...

US: Ethereum System Upgrade in October for Intense Competition

In October, the system-wide upgrade called "Constantinople" is to be activated, which should increase the efficiency of the Ethereum network. The transaction costs should also continue to fall. The goal of the developers is to activate Constantinople before the...

China: imToken Raises $10M Series A From IDG to Expand in the U.S.,...

imToken, which claims to be the world’s largest Ethereum wallet, will focus on expanding in Asia and the United States after raising a $10 million Series A from IDG Capital, it announced today. The capital will also be used...

Global: Ether Tumbles as Concern Increases That ICOs Are Cashing Out

Initial coin offerings using the Ethereum blockchain are seen as one of the main catalysts for sending Ether’s price surging last year. Now they’re being blamed for its decline. Ether, the cryptocurrency of the distributed-ledger network, tumbled by as...

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An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...

Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...