Altcoin Buzz

Bitmain, the World Leader in Cryptocurrency Mining Hardware, wants to expand its reach to artificial intelligence (AI). Bitmain is the undisputed world leader when it comes to cryptocurrency mining hardware. According to Bernstein Research, Bitmain made between $3 to $4 Billion in profits in 2017, controlling 80% of the crypto-mining market. It may come as a surprise therefore that they...

Litecoin has been steadily losing its value. But can Toshi's decision to take it onboard finally lead to its price surge? Litecoin, currently the sixth biggest cryptocurrency on the market, has lost close to 50% of its value over the last 6 months. In December 2017 it traded at $255.42, today its value has dwindled to $131.26 while its market cap is $7,427,485,910. However, a recent...

ICON and Naver Subsidy, LINE PLUS, co-found 'Unchain' to create decentralized applications that will help bring blockchain into our everyday lives. During Consensus 2018, South Korean Project ICON announced a joint venture with LINE PLUS in order to build up their blockchain network, called Unchain. LINE PLUS, a subsidy of South Korean search engine giant Naver, is a large social...

Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest banks and the largest in Japan, is planning to conduct a large-scale trial of its own cryptocurrency. About a year ago, MUFG joined the Utility Settlement Coin project (USC). The USC is one of the largest Asian cryptocurrency firms, and the firm aims to assist banks in creating custom blockchains for...

An alleged new cryptocurrency scam has been discovered, using the faces of Prince Charles and Jennifer Aniston but bizarrely randomly generated names. A Houston based operation called ‘Wind Wide Coin' has been hit by a cease-and-desist order this week by the Texas State Security Board. If the name wasn't bad enough the Texan Board has accused the said company of...

French Finance minister Bruno Le Maire, who drastically changed his attitude towards both cryptocurrency and blockchain at the beginning of spring, believes he had been "a rookie." He now wants France to be on the forefront of "blockchain and crypto-active innovation in the EU", reports Bitcoinist.com. The site draws a tweet by Alexandre Stachtchenko, the president of the association created by...

While McAfee backtracks on his $78,000 per Bitcoin prediction by the end of 2018, he stands strong on his 2020 prediction while explaining why Bitcoin cannot be stopped. While John McAfee is well known for his big $1 million bitcoin by 2020 prediction, he made another prediction for the end of 2018. In a recent sit down with Patrick Bet-Davis,...

Jack Dorsey hopes Bitcoin will become "the currency of the internet." Nokia allows customers to monetize their data via DATAcoin. Day 3 of Consensus is finished and below is the top news of the day: -Brian Kelly, Head of BKCM and CNBC Contributor, announces he is starting an ETF. While it will not be dealing with cryptocurrencies directly, but it will...

Joel Greenberg Accepts Bitcoin and Bitcoin Cash for Payments through BitPay 450,000 people living in Seminole County in Florida will soon be able to pay for government services with cryptocurrency. According to Joel Greenberg, the tax collector of Seminole County announced that his office is going to allow the citizens to use cryptocurrency when paying for government services as early...

Circle is creating a virtual version of the USD, aiming to be an improved and more transparent alternative to current stable coins like Tether. Circle, a growing fintech company called, is planning to release a new cryptocurrency focused on low volatility and is thus pegging its new currency to the US dollar. The new digital coin is aptly named USD...