Urban, Author at 2100NEWS

UrbanOctober 21, 2018

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made to “focus on professionalization, better governance and more agility in customer service.” Local news outlet Portal do Bitcoin reportedly spoke to four now ex-employees that served at different hierarchical levels. One noted it “was horrible” and said […]

UrbanOctober 21, 2018

Despite the many amazing use cases for public and private blockchain networks, there’s no way around the fact that the word “blockchain” has been misused, misunderstood, and hyped into a state of near-meaninglessness in the last few years. Money-hungry ICOs have jumped on the chance to put everything from celebrities to board games “on the blockchain,” and there have been multiple […]

UrbanOctober 20, 2018

Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward. Just 10 Tokens Count for 99% of All ICO Gains EY released a report on ICOs back in December 2017, which […]

UrbanOctober 20, 2018

The most commonly known stablecoin is Tether. It is a cryptocurrency that buys one American Dollar from the market before issuing one tether. This means that when one American Dollar leaves active circulation, one Tether enters active circulation. Thus, the price of Tether has stayed stable over the years. A swing of fewer than 10 cents is unheard of […]

UrbanOctober 20, 2018

New York investment firm Gelfman Blueprint, Inc. (GBI) will see over $2.5 million in fines for fraudulent practices, as filed by the Commodity Futures Trading Commission (CFTC). According to the agency, this marks the first time that CFTC has made an anti-fraud enforcement action involving bitcoin. Yesterday’s CTFC press release states that Gelfman Blueprint Inc. and CEO […]

UrbanOctober 19, 2018

The Norwegian cryptocurrency investor who earlier this week was brutally murdered following a cash-for-bitcoin exchange was reportedly liquidating his holdings so that he could buy his own apartment. CCN reported yesterday that the 24-year-old investor had been stabbed to death in his apartment on Monday morning, sometime between 7:50 am and 12:10 pm, when one of his […]

UrbanOctober 19, 2018

Over the past 48 hours, the volume of Bitcoin (BTC) has fell substantially from over $5 billion to $3.8 billion, and is quickly moving to its yearly low. On CoinCap.io, ShapeShift’s official cryptocurrency market data provider, the volume of Bitcoin remains at around $2.54 billion. If the volume of BTC drops by around 15 percent […]

UrbanOctober 19, 2018

Tether Limited, issuer of the dollar-pegged cryptocurrency tether (USDT), has yanked nearly a quarter of the controversial stablecoin’s market cap out of circulation since the beginning of October. On Wednesday, cryptocurrency exchange Bitfinex sent another 50 million USDT to the Tether Treasury, marking the sixth time this month that the company — which shares a management team with Tether […]

UrbanOctober 18, 2018

November 7-8, in St. Petersburg in a building of ExpoForum, the largest event of the crypto industry of Russia and Europe will host the 2nd annual international forum on blockchain, cryptocurrency and mining – Blockchain Life 2018. The main objective of the forum is to unite the global crypto-community, to help the audience understand […]

UrbanOctober 18, 2018

Moneynetint, a UK-based provider of foreign exchange services for the corporate sector has integrated and deployed decentralized payments using Ripple blockchain network RippleNet. Based in London with a focus on payment services for corporate clients, Moneynetint revealed an ongoing collaboration with San Francisco-based blockchain industry giant Ripple on Tuesday. The payments platform, which provides cross-border […]

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