Sleeping Giant? NEM’s (XEM) 48% gains in past 24 hours

NEM (XEM) has become the crypto leader of the day – with a 48% increase in the last 24 hours, bringing them to 18th place on CoinMarketCap.   Dave Hodgson, Director and Co-Founder of NEM Ventures, the venture capital and investments arm of the NEM blockchain ecosystem, said:   XEM has long been regarded as a sleeping giant in the market, therefore this significant surge does not come as a surprise. NEM currently holds 18th place in the cryptocurrency rating with a value of more than $850 million — an…

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What is NEM / XEM?

  NEM is a peer-to-peer cryptocurrency and blockchain platform, the currency symbol is XEM. NEM is the world’s first “Smart Asset” blockchain, the “blockchain for enterprise” with a low transaction fee of 0.01% and very scalable.     NEM was started by a BitcoinTalk user, UtopianFuture, who was inspired by the cryptocurrency NXT. Work started on 19 January 2014 to create a community-oriented cryptocurrency.     Unlike most other cryptocurrencies which are forked off existing codes and later altered, the NEM code was written from the ground up in Java…

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Free Bitcoin at Japanese Exchange

TOKYO (Reuters) – A blunder at a Japanese cryptocurrency exchange let investors briefly buy bitcoins for free – though none were able to profit from the mistake.     Reuters reported that Zaif, a government-registered exchange run by Osaka-based Tech Bureau Corp, said on Tuesday that a system glitch had let seven customers buy bitcoin with no yen value during a 20-minute window last week.   The trades were voided by the exchange but the issue was unresolved as one customer tried to transfer the purchased Bitcoin.   Full Story:…

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