PR: DIWtoken.com Proposes the Creation of a Global, Blockchain-Based Network to End Online Fraud and Data Breaches

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DIWtoken.com wishes to achieve global data and service exchange security via the introduction of a global digital network running on blockchain technology. To materialise its aspiring project, DIW announces its Pre-ICO will end on the 20th of March and its ICO, commencing on the 27th of March 2018. For detailed information, visit DIWtoken.com. There is … Read more

Study Finds $3B Worth of Faked Cryptocurrency Volumes and Wash Trades

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On March 10 a cryptocurrency trader and researcher published a report on how he believes $3 billion worth of cryptocurrency trade volumes, primarily from a couple of exchanges, are concocted. The author of the study, Sylvain Ribes, alleges that the exchange Okcoin has been fabricating up to 93 percent of its trade volumes. Also read: Thailand … Read more

China’s PBOC Governor Speaks Against Speculative Cryptocurrencies

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This week the People’s Bank of China (PBOC) governor, Zhou Xiaochuan, spoke about both public and privately issued cryptocurrencies. Zhou details that the central bank dislikes “speculative cryptocurrency products” and the bank does not officially recognize digital currencies like bitcoin. Further Zhou explains the bank is monitoring projects like bitcoin and initial coin offerings (ICO), … Read more

Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target

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With bitcoin hovering at around only $9,000 and the entire cryptocurrency market at similar low levels, short term speculators are acting as if a great calamity is upon us. Long term investors on the other hand are just entering the ecosystem now and building up a portfolio of assets that offer growth opportunities uncorrelated to … Read more

South Korea Internet Giant Moves Deeper Into Crypto

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What a week for the peninsular nation, 대한민국 Republic of Korea. Moon Jae-in’s administration appears to have brokered a potential meeting between heads of state to avoid nuclear holocaust, and in more practical terms local media is widely reporting regional internet giant Kakao will deepen its involvement with cryptocurrency in South Korea by incorporating crypto … Read more

Bitmain Opens Repair Center in Russia

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Leading manufacturer of crypto mining equipment Bitmain has opened a service center in Russia. Miners in the country will be able to repair their ASIC rigs locally, saving both time and money. Previously, they had to send faulty equipment back to China, dealing with customs formalities and paying costly shipping.   Also read: Ant Creek: … Read more