LMAX Digital, the first institutional cryptocurrency exchange, was launched on May 21 in London offering support for the top five coins by marketcap. LMAX exchanges have seen over $10 trillion in fiat currency traded and have institutional clients in over 100 countries. LMAX Moves to 'Legitimise' Cryptocurrencies CEO David Mercer said: “The rise of institutional … Continue reading First Institutional Cryptocurrency Exchanged Launched by LMAX Exchange Group
DigiByte has raised 300,000 DGB (~$15,000) from its own community to engage a PR firm in order to promote the brand. The funds were raised in little over 24 hours after they announced their intention on the 28th January. Their campaign is set to kick off on the 1st February. It is unknown which PR … Continue reading DigiByte raises 300,000 DGB funds for PR
While Zilliqa puts the finishing touches on its product, Ethereum is rushing through a quick fix to keep up. An extract from Ethereum's github describes their initial sharding phase as a "quick and dirty form of medium-security¹." The founder has recently said that phase one "is getting something like being already done," as reported by CoinDesk², … Continue reading Zilliqa to shard before Ethereum
Token Trader, a decentralised exchange is going live on mainnet on February 1st 2018. In the past 24 hours its token coin AirSwap Token (AST) has shot up by 40%. Centralised exchanges have come under fire after the most recent $533m hack of Coincheck in Japan. By contrast, AirSwaps' Token Trader allows for peer-to-peer trading … Continue reading TOKEN TRADER goes LIVE in 5 days
A dog-based cryptocurrency is achieving Satoshi Nakamoto's vision of "electronic cash"¹ by being used online in everyday situations. This contrasts mainstream cryptocurrencies which are becoming 'stores of value' as they struggle with high transaction fees and users hoard their coins hoping for the value to increase. As Dogecoin (DOGE) is based on a meme about … Continue reading Dog-coin outshines Bitcoin
The 37th ranked cryptocurrency with a market cap of $870m, is based on a meme. It was ranked equal to Ripple in the Weiss ratings. The question is, is this justified? 1 - Does the currency work as a currency? It functions as a rudimentary currency. It was a clone of Litecoin, a top ten … Continue reading Dogecoin – is it for real?