South Korea Budgets a Trillion Won for Blockchain Tech in 2019

South Korea’s government has earmarked a 5 trillion won ($4.4 billion) budget toward its ‘Growth through Innovation’ investment program in eight critical sectors with a particular focus on blockchain and AI. In a meeting in Seoul on Monday, South Korea’s finance minister Kim Dong-yeon confirmed plans of a 5 trillion won investment toward its innovation…

Coinbase Continues To Add 50,000 Users a Day During Bear Market

While the cryptocurrency market has tanked in recent months, many cryptocurrency advocates remain unfazed, with some claiming that the adoption rates will only continue to swell. Critics may classify this sentiment as unwarranted optimism, but Coinbase CEO Brian Armstrong has recently disclosed figures that allude to the fact that the cryptocurrency market is set on…

Ethereum Co-Founder Believes “Trader Types” Are Responsible For Volatile Crypto Prices

Joseph Lubin, Ethereum co-founder and founder of ConsenSys, told Bloomberg that speculators are driving volatility in cryptocurrencies. He added that the current situation of the crypto industry is not a serious problem. “We’ve seen six big bubbles, each more epic than the previous one, and each bubble is astonishing when they’re happening but when you look back…

Which Cryptocurrencies Will Survive The Altcoin Apocalypse?

With the massive crypto market rout that has occurred in ‘red August’ many are now talking of an altcoin extinction which could spell the demise for the majority of them. Which ones are likely to survive is the key question. Most of the altcoins have dropped way below their price levels this time last year…

Tyler Winklevoss: ‘It Will Take Time’ for Wall Street to Make Crypto Jump

Crypto exchange Gemini CEO Tyler believes “it will take time” for the majority of Wall Street to enter the cryptocurrency sector. The Winklevoss brothers also said they won’t be slowing down anytime soon after the Securities and Exchange Commission (SEC) rejected their proposal for a Bitcoin ETF recently, speaking in a Bloomberg interview. It’s been…

Japan’s Messaging Giant LINE Sets Up $10 Million Hong Kong Blockchain Venture Fund

Japan: major messaging app LINE adds TRON to its BITBOX exchange and reveals venture fund details from FR33Q's broadcasted articles on Inoreader http://j.mp/2vL4jFZ via IFTTT

South Korea Crypto Industry More Optimistic Than Ever Despite Bear Market

Throughout the past two months, investors in the local crypto market of South Korea have continuously expressed their optimism towards a drastic change in the regulatory landscape of crypto. Since early February, the crypto market has endured the third-worst correction in its history, experiencing a 78 percent decline in price. Despite the bear market, the…

Current price of Bitcoin is $6311.10

Current price of Bitcoin is $6311.10 August 15, 2018 at 08:00AM via Chain

Current price of Bitcoin is $6001.05

Current price of Bitcoin is $6001.05 August 14, 2018 at 07:59AM via Chain