Crypto Daily News: Crypto Market Rebound and Coinbase Issues a Statement about Proprietary Trading

In today’s edition of Crypto Daily News, we’ll cover the details of the crypto market rebound and Coinbase’s official statement regarding the proprietary trading allegations. Crypto Daily News: September 20th, 2018 Crypto Market Rebounds The crypto market is rebounding this morning, after taking a sharp fall last week after rumors spread that Goldman Sachs (NYSE:GS) wasn’t focusing on a cryptocurrency trading desk. Later, GS confirmed that the news was “fake” and that the desk is, in fact, ready, but waiting for demand. Currently, the crypto market is trading just above…

LINE’s Token-Powered Ecosystem: Plans have been Unveiled

Plans for LINE’s token-powered ecosystem have been unveiled. The messaging app giant from Japan announced its new venture at CoinDesk’s Consensus: Singapore event this morning. LINE’s plans are ambitious; it wants to launch its new system by the end of 2018. Will it do it? LINE’s Token-Powered Ecosystem It can have such ambition because LINE already has more than 164 million monthly active users across four key countries. It is this user-base that the app giant will capitalize on to launch its token-powered ecosystem. LINE’s token-powered ecosystem centers around its previously announced  … Read…

World of Ether to Save Ethereum

It’s been nine months since World of Ether sold half a million dollars of presale assets in just under 48 hours. Now, the crypto game is finally ready to show what’s been built. This is declared by the founders to be one of the most sophisticated dApps on the market, pushing the boundaries of what’s capable on the Ethereum network. In World of Ether’s Telegram Community recently, fans have even echoed that this game will “Save Ethereum.” $10,000 to Try Beta On September 22nd, 2018, World of Ether will deploy their…

Zaif Exchange Hack: 6,000 Bitcoin Stolen but BTC Price Remains Steady

Are we becoming so used to hacks in the cryptocurrency sphere, that we no longer panic when they happen? It might seem so, considering Bitcoin’s price remains pretty-much unchanged despite a Zaif exchange hack last night. Japan’s Zaif Exchange Hack The cryptocurrency market took another hit last night when the Zaif exchange hack was announced. The heist resulted in the loss of close to 6,000 Bitcoin (BTC). MONA coin and Bitcoin Cash were also stolen. The entire stolen loot has an estimated worth of $60 million USD. Cryptocurrency Prices aren’t Affected…

Is the Blockchain Ecosystem Heading in a Different Direction With New Technologies?

Bitcoin remains the primary and first use case for blockchain technology, though there remain doubts as to its efficacy as not just a currency, but also as a payment rail that can reliably facilitate global transfers. This has led to three alternative proposals, none without their issues but all envisioning a better solution which is scalable—a key concern to be addressed if widespread adoption is ever going to be plausible. The First Alternative: A Faster and Cheaper New Cryptocurrency A more efficient new currency which also bases itself on blockchain…

Are We Experiencing a Ripple Rally? Price Indicates Yes

The Ripple price has taken multiple hits over the past six months. Most people agree with that. At the end of June, the XRP price was roughly $0.54. In two months, it dropped to $0.29. But now that’s over; we’re in the midst of a Ripple rally. Or, so it appears. After bullish news for XRP surfaced this week, the price has skyrocketed, with the altcoin currently up more than 10%. And what was that news? Well, let’s just say it involves the launch of xRapid. Possible xRapid Launch Sends XRP…