Cryptocurrency

Radar Relay raised $3 million

Radar Relay is a decentralized token exchange designed to serve as a hub of Ox protocol. The beta version of this decentralized Ethereum network can be accessed by a Brave or Metamask browser. It is expected to come out of the beta development stage during the first quarter of 2018.

Crypto Investments by Korean Professionals Surveyed

Seoul- based online employment platform Saramin, published a survey report that revealed 31.03% of 931 office goers in South Korea have are cryptocurrency investors. Their average crypto investment amounts to $5,170 per individual approximately. They claimed that they made money swiftly. However, crypto users in South Korea are likely to see capital gain taxes on such investments and such other regulation mounting in the market.

Crypto Price: Sinking trend

There has been a descent in the total value of all cryptocurrency, including bitcoin by more than 30 percent.The price of bitcoin fell by $5,000, dropping the price index below $11,000 and many cryptocurrency experience a downward trend in the market.  Even other virtual assets that were solid performers in the market felt the pinch of sinking price index in the recent time.