EXCHANGES

Crypto Payments Startup Eligma Raises €4 Million From Bitcoin.com and Pangea Blockchain Fund

[ad_1] Many retail stores would like to welcome the added business that the crypto community brings, but find that they don’t have the capability to do so within their existing payment infrastructure. One company bridging this gap is Slovenian startup Eligma which is now set to start global expansion with an infusion of cash from Bitcoin.com and Pangea Blockchain Fund. Also Read: What Makes Slovenia a Cryptocurrency Leader – Bitcoin.com
Business

Most Cryptocurrencies in the Green as Bitcoin Price Hits $10,400

[ad_1] Monday, Sept. 2 — Markets are bouncing back and showing upward price movement, after trading sideways for the better part of the day.Market visualization. Source: Coin360The Bitcoin (BTC) price is showing impressive price movement, after trading close to $9,700 for most of the day. At press time the number one cryptocurrency is trading at $10,401, up 6.63% on the day.Bitcoin 24-hour price chart. Source: Coin360Cointelegraph reported earlier that Bitcoin is attempting
BLOCKCHAIN

Binance Acquires Seychelles-Based Crypto-Asset Trading Platform JEX

[ad_1] Binance, the world’s largest exchange by trading volume, has acquired JEX, a crypto-asset trading platform that offers spot and derivatives trading services. The exchange announced the acquisition on Sept. 2, saying, “JEX will join the Binance ecosystem as Binance JEX and focus on further building the crypto-asset derivatives market.”According to the announcement, Binance will introduce more utility to the JEX token and further provide Binance users with professional services including
BLOCKCHAIN

Police Seize $15K Crypto Thief After He Mistakenly Disclosed Identity

[ad_1] Connecticut police caught a man who had stolen over $15,000 worth of digital currency in a mobile phone theft after he mistakenly sent an apology email to a detective heading the investigation.Back in April, a Connecticut resident fell victim to a cryptocurrency theft by New Jersey citizen Darren Carter, wherein the latter swiped the victim’s mobile phone and allegedly transferred $15,472 worth of crypto from their Coinbase account. Carter
BLOCKCHAIN

Indian IT Giant Tech Mahindra to Launch Blockchain Finance Management

[ad_1] Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, partnered with American distributed ledger technology (DLT) firm Adjoint to launch a blockchain financial management and insurance solution.Telecommunications industry news outlet CommsMEA reported on Sept. 2 that the solution is the first of its kind. With this service, clients will reportedly be able to save $4 million for every $1 billion of financial risk management and banking relationships.Auditable data
EXCHANGES

Craig Wright to Challenge Judge’s Ruling in the Billion-Dollar Lawsuit

[ad_1] Craig Wright is looking to challenge Judge Reinhart’s decision and has asked the court for an extension of time in order to dispute the August 27 ruling. Wright was recently instructed to distribute 50% of his BTC holdings allegedly mined before 2014 and intellectual property (IP) to the Kleiman estate. Wright’s legal counsel based in Florida also detailed they need more time because Hurricane Dorian is forcing the attorneys
BLOCKCHAIN

South Korea’s Kakao May List Its Klay Token on Chinese Exchange

[ad_1] South Korean internet giant Kakao is reportedly planning to list its cryptocurrency Klay on a Chinese crypto exchange and one local exchange.Kakao might have trouble listing Klay in KoreaAccording to a report by local news daily News1 Korea on Aug. 31, Kakao’s blockchain arm Ground X is in talks with two popular cryptocurrency exchanges for listing its native coin Klay.While News1 Korea does not specify the names of the
BLOCKCHAIN

Thai Cryptocurrency Exchange Bitcoin Co. Ltd. Closing Down Operations

[ad_1] Thailand’s leading cryptocurrency exchange Bitcoin Co. Ltd. (BX.in.th) is closing down all of its trading operations.The exchange announced its decision to discontinue trading on Sept. 2. The official website of the exchange states:“Bitcoin Co. Ltd. has decided to discontinue offering digital exchange services and wallet services at our BX.in.th website in order to focus on other business opportunities.”Customers need to withdraw their funds before Nov. 1, 2019.The five-year-old exchange,
EXCHANGES

Ethereum In ‘Dangerzone’ As Volatility Nears All-Time Lows

[ad_1] It seems the second-largest cryptocurrency by market cap only has its ‘second-to-Bitcoin’ status to be proud of.  Market volatility is at a 3-month low compared to bitcoin, according to data from Skew Markets. A host of other indicators are also pointing towards an upcoming ‘danger zone’ situation for Ethereum.  Low Volatility Means Unattractive Investment Let’s admit volatility is a necessary evil and something to be totally embraced while participating