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Japan’s SBI Holdings Claims 40% Stake in Hardware Wallet Company

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This week the Japanese financial services management group SBI Holdings has announced that it has acquired 40 percent of the Taiwanese digital currency hardware wallet startup Coolbitx. Over the past few months, SBI has been entrenched within the virtual currency industry as the bank plans to incorporate multiple types of cryptocurrency business models.    Also … Read more

Charlie Lee Tweets About Nano and Everyone Freaks Out

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Charlie Lee has always been one of the more intriguing cryptocurrency developers to follow on social media. His involvement with Litecoin has been well documented, and Lee has also been posting some interesting comments regarding other altcoins. Unsurprisingly, some of his recent comments have irritated a lot of Litecoin supporters, as they feel Lee is turning his … Read more

Transaction Data Suggests a Crypto Recession Is Brewing

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Charts can reveal a lot about crypto assets. Past performance and future indicators can be gleaned at a glance, but there’s also a lot more that can be ascertained. A study of several of the most popular blockchains, including bitcoin and ethereum, has shown transaction velocity to have reached its lowest in years. Cryptocurrency is … Read more

LitePay Postpones Litecoin Debit Card Plans Due to Issues with Card Issuer

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Litecoin users were quite excited regarding the imminent launch of LitePay. This new service brings LTC to more consumers and retailers, and the associated payment card would have made it easier to spend cryptocurrencies as well. Unfortunately, this new service has been put on hold indefinitely. A lot of people are disillusioned by this turn of … Read more

Bitfract by Shapeshift Lets You Swap One Cryptocurrency for Many

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Instant cryptocurrency exchange specialist Shapeshift has quietly launched a new service. Bitfract, which is still in beta, allows users to swap from one cryptocurrency for multiple cryptos in an instant. For example, you can swap from bitcoin to a brace of different altcoins without needing to make multiple transactions. The tool is free to use, … Read more