Altcoin Buzz

Multiple businesses are under the microscope, as the UK's financial watchdog closes in on enterprises reported to be operating illegally within the crypto marketplace, according to the countries regulation laws. The United Kingdom a place of tea and crumpets, knights and castles. A country of old buildings, famed poets, scholars and authors that write about magic school kids. It’s also...

The Federal Court in California granted the SEC's request to halt an allegedly fraudulent ICO. Michael Stollery, a.k.a Michael Stollaire is the "mastermind" behind the Titanium Blockchain (BAR) token, and later on TBAR token scam. Between November 2017 and January 2018, Stollaire raised over 21 million USD in Bitcoin and Ethereum in exchange for the BAR token. Throughout the scheme, he...

Baidu Baike adopts blockchain technology in order to provide more transparency, traceability, and credibility to their online platform. Baidu Baike is China’s wikipedia and appears to be using blockchain to track the history of revisions and entries. This move would give more transparency and traceability to their services. Since about Monday, the new blockchain feature has been visible to the...

ASUS, a computer hardware company that specializes in many products, including motherboards and GPU’s, has announced a new motherboard built to support 20 GPU’s. Cryptocurrency mining has sent the price and demand for Graphics Processing Units (GPUs) soaring this past year, thus become a nightmare for gamers and other folks who want to purchase GPUs. However, computer hardware companies are...

Xi Jinping, President of China, has stressed that his country should concentrate on becoming the global center of science and innovation while noting that blockchain is "accelerating breakthrough applications", reports CNBC. During a speech, which he gave this week, he said,"a new generation of technology represented by artificial intelligence, quantum information, mobile communications, internet of things and blockchain is accelerating...

Deloitte, a UK-incorporated multinational professional services network, has published a report in which it claims that blockchain is a "new tech on the block" while its impact could be huge. The report concerns "planning for blockchain in the retail and consumer packaged goods industries" and states that "while we fully expect blockchain technology to achieve widespread, mainstream adoption in these sectors...

The backlash to South Korea's blanket ICO ban continues as the National Assembly officially proposes legalization of domestic ICOs. The South Korean National Assembly banned all initial coin offerings (ICOs) in September last year. This was unfortunate news for many projects looking to get started, since South Korea is home to a significant portion of the cryptocurrency fanbase. Earlier this month,...

Olga Skorobogatova, first deputy governor of the Central Bank of the Russian Federation, has emphasized during the St. Petersburg International Economic Forum, that blockchain technology requires further development and is not yet used on an industrial scale, reports Prime. Particularly, she noted,"the world has not yet created a resolution which would allow utilizing blockchain not just when it comes to Bitcoin and other...

A hospital in Scotland begins treating individuals who are addicted to cryptocurrency trading. Castle Craig Hospital, located in West Linton, Scotland, has started treating individuals who claim they are addicted to trading cryptocurrencies. Hospital staff are treating these patients like they would patients who are addicted to gambling. “The high risk, fluctuating cryptocurrency market appeals to the problem gambler. It provides...

MyMonero CEO, Fluffy Pony, co-founded Tari which brings a second layer solution to Monero. Tari will help with scalability, node syncing, and research on atomic swaps and Lightning Network on the Monero platform. Last week, it was announced that Monero (XMR) will be getting a merged side-chain, Tari, which was founded by three people, Riccardo Spagni (Fluffy Pony), Naveen Jain,...