Bitcoin, world’s most traded cryptocurrency, is 52nd most actively developed cryptocurrency in the last 12 months
If 2017 was the story of rise of cryptocurrencies, the year 2018 proved to be a forgetful one for the market. Cryptocurrencies tumbled like house of cards, losing hundreds of billions in their market-cap
The company will reportedly first focus on the remittances market in India, where it has over 200 million users.
The total market capitalisation of cryptocurrencies is currently estimated at approximately $120 billion compared to over $800 billion at its peak in January.
Bitcoin turned 10 this year, but there’s not much to celebrate. Its valuation has tanked to new lows in 2018. It touched its 52-week low of $ 3,585 on November 25
The fall followed a sudden plunge last week that shook bitcoin out of a period of relative stability, where prices had hovered around the $6,500 mark for several months.
Other cryptocurrencies also fell sharply, with Ethereum's ether losing 10 percent and Ripple's XRP down 13 percent in a largely sentiment-driven slide.
As of 0250 GMT, the original cryptocurrency was down to $4,848, after breaching the landmark for the first time since October 12, 2017.
The India figure may be higher as the data collected by Dappros is mainly based on information from open sources such as LinkedIn. It does not account for developers whose social network profiles are not accessible.
Bitcoin's weakness spread to other cryptocurrencies, with ethereum, the second-largest, dropping to a two-month low.
In the last 10 years, we have seen several kinds of bitcoins being launched. Not surprisingly, it has divided the monetary economics community.
The firm said Combinator Continuity, Wellington Management, Andreessen Horowitz and Polychain invested in the latest round
In a bid to bypass RBI's April 6 diktat to banks on freezing the accounts of cryptocurrency exchanges, Unocoin had recently unveiled a bitcoin ATM in Bengaluru
The ATM kiosk was installed last week aiming to bypass the Reserve Bank of India ban on banks from dealing with cryptocurrency firms
Using the ATM, Unicoin users can deposit and withdraw cash in legal currency from their respective Unocoin account. The company said it will open more such kiosks in Mumbai and Delhi in a couple of weeks
In September, the Ahmedabad-based company tweeted that it was freezing exchange services, cancelling unexecuted orders, and crediting funds to customers’ wallets
Sakshi Batra gets in conversation with Gaurav Choudhury, Deputy Executive Editor, Moneycontrol for all the update on government’s plan of action on cryptocurrencies.
The report, which looks at criminal activity and money laundering in the digital currency market, also showed a steadily growing number of smaller thefts in the $20-60 million range
In ICOs, companies issue cryptocurrency tokens to investors, in much the same way as they issue shares in an initial public offer of equity
In April, the RBI banned banks from providing financial services to any individual and/or business dealing in cryptocurrency
Novogratz said that the current slump is due to "institutions moving in".
Regulated crypto exchanges will be allowed to purchase adverts through Google’s platform in US and Japan from next month.
The body said that the token sales would instead be ‘restructured,’ indicating it would be open to future offerings
Japan's crypto exchanges have been under close regulatory scrutiny after the theft of $530 million in digital coins at Tokyo-based cryptocurrency exchange Coincheck Inc.
The new product will allow banks and payment providers the ability to process cross-border transactions faster