The Year of the Altcoin

It’s no doubt that 2017 was a remarkable year for Bitcoin, with a single Bitcoin valued at almost $20, 000. That said, Bitcoin’s movements over the last year have certainly paved the way for up-and-coming altcoins.     Alternative coins refer to any other cryptocurrency that isn’t Bitcoin. Based on price growth and market cap, Fortune Jack analysed the top performing altcoins from 2017, to find out where these altcoins will be headed in 2018.   Quick View: The Fastest Growing Altcoins of 2017 2017 PERFORMANCE OF TOP ALTCOINS Currency…

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132 Crypto Investors file lawsuit against CoinCheck after hack

In a recent report by Japanese media outlet, Sankei, it was stated that 132 cryptocurrency investors filed a lawsuit again CoinCheck, the Tokyo based Bitcoin Exchange.       “Five customers and two corporations already filed a lawsuit seeking a refund of 12 virtual currencies themselves in the district court. The defense team tabled the payout of 13 kinds of currencies deposited by 132 persons, the payment of 100,000 yen each”   Japanese cryptocurrency exchange Coincheck announced on Friday, Jan. 26, that it is suspending all withdrawals after a Ripple payment worth…

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Japan Bitcoin Exchange Coincheck will repay Stolen Funds

It was reported on Friday that Coincheck, a Japanese Bitcoin exchange suspended all withdrawals after a massive hack that shocked the market.   Full Story: – Bitcoin chaos in Japan as CoinCheck freezes all withdrawals   It was reported in the Guardian today that the Coincheck cryptocurrency exchange will refund customers about $400m (£282m) stolen by hackers two days ago in one of the biggest thefts of digital funds. Coincheck affirmed that it would use its cash holdings to reimburse 260,000 people for the value of 46.3bn yen who lost…

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Pundi X starts bringing Cryptocurrencies to Physical Stores in 2018

SINGAPORE, Jan. 2, 2018 /PRNewswire/ Pundi X, a cryptocurrency point-of-sale (“POS”) solutions provider for retail stores, today announced that it launched three working products before its public token sales on January 21, 2018. These POS devices can help the retail store owners to convert crypto to fiat, crypto to crypto to fiat and fiat to crypto for transactions. The company also established strategic partnerships to roll out its POS devices in 2018.     Three working products made for different types of retailers Pundi X has built and launched three types of POS devices…

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Bitcoin News – Exponential Growth of Cryptocurrency Market

Bitcoin is the Trailblazer and King of Cryptocurrency also known as the “Internet of Money”.  The success of Bitcoin has led to the exponential growth of the altcoins market such as Ethereum, Ethereum Classic, Ripple, NEM, Litecoin, and Dash.  The first six months of 2017 has seen a spurt of growth from Bitcoin, Ethereum and various Altcoins that pushed the market cap over $100 billion collectively.   The various cryptocurrencies are not all the same as they have different applications.  For example:- BITCOIN – a store of value and payment…

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