World’s first blockchain games, Cryptokitties now gaining their fans in all over China. Cryptokitties allows the gamers to breed and sell their digital pets. The interesting part, the user can buy the pet with Ethereum and hold onto it.
South Korea’s largest cryptocurrency exchanges, Bithumb is to bring Bitcoin ATM kiosk in the country. The increasing number of interest on cryptocurrency encourages Bithumb to take a step ahead in bringing the cryptocurrency to a whole new level in South Korea.
The bitcoin price has dropped below $9,000. CoinDesk reported that the cryptocurrency price has been fluctuating above $9,000 and dropped down by $500 at 3:45 UTC. It reached a 20-day low. The market capitalization of the cryptocurrency is at $352 billion. Currently, the price is above $8,800.
Cameron and Tyler Winklevoss declared that the Gemini Exchange would extend support to Bitcoin Cash and Litecoin. At an event hosted by Cboe Global Markets Inc., Cameron and Tyler exposed that the Chicago futures exchange would require Gemini’s support to offer derivatives for other cryptocurrencies. Gemini currently lists bitcoin and ethereum.
Coinbase appoints a new vice president of finance. The former official of the New York Stock Exchange, Eric Scro is to lead Coinbase strengthening client relationships. He will also help the business grow amid multiple business functions and assist in product development. Coinbase has already hired Emilie Choi and Tina Bhatnagar from the offices of LinkedIn and Twitter.
Bitmain disclosed its interest to invest in other startups to develop blockchain powered private central banks. Jihan Wu, the co-founder of the firm, emphasized their interest over private central bank startups to adopt blockchain technology. He affirmed, “We would like to invest in 20 to 30 startups whose efforts are focused on this unique emerging economy.”
The Bitcoin price index (BPI) surged to $10,070 which was notably 6% from $9,468. The market capitalization has fallen by 4.5% in the last 24 hours. Issues such as the closure of crypto exchanges in Japan, technical issues and unlicensed sale of cryptocurrencies have impacted the trading volume of cryptos. Presently the crypto price is fluctuating between $9,900 and $10,000.
Coincheck has announced that their customers will be compensated for next week. The exchange confirmed that $530 million was stolen by hackers in January. The exchange also declared that their customers would be reimbursed at the rate of $0.81 per token held. The CEO and COO of the exchange revealed that the compensation procedure would be unveiled in few days.
Qantas is currently one of Australian de facto secondary currency. By changing to Blockchain-based cryptocurrency will enhance the structure of the company itself and would make it possible to make Qantas becoming cryptocurrency soon.
Numbers of cryptocurrencies are increasing in the market, but some of the currencies are not eligible yet to be considered as outright currency yet. Some of the cryptocurrency left that way being unspendable for years while Bitcoin, Ethereum, and any other tokens are free for the user to use.