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Chinese authorities have raided one of the largest gambling rings in the country confiscating well over $1.5 million. In addition to the arrest of well over 500 individuals, authorities also tracked down and confiscated a further $750000 worth of rembini in company bank accounts. The FIFA world cup final may be just around the corner, but the enjoyment for well over 330000 came from the opportunities to profit from gambling on these high stakes games.…

Crypto markets have been tough for traders as unforgiving conditions have been seen all around, With the top 10 coins by capitalization all seeing red, we have the latest analysis to aid you in maximizing profits. Coins to watch out this week – Speculation While markets may be seeing red this week, the upcoming week may be kind to a number of crypto coins. Those looking to hold bitcoin will find their holdings stabilize in…

South Africa is set to gain its first every crypto ATM within a matter of days. The device will be the first ever in the country to cater for a range of markets including Ethereum, Dash and a handful of altcoins. The ATM is expected to be installed in the Northwold Spar branch. Promoting Crypto Responsibly The Crypto ATM is set to introduce crypto tokens to the general public. BY offering anonymous purchases of crypto,…

HTC has officially unveiled the Exodus phone which will be the first major blockchain phone on the planet. While smaller projects exist, HTC aim to scale up blockchain technology , allowing all users to be connected on the go. “If we look at the industry, there are moving in two directions. One side is 100% centralized so that the platform company knows all the details of the users. The value the platform companies can provide…

Overall this week has been tough for bitcoin holders seeing prices slipping $1000 to current prices of $8600. On the other hand crypto has had a bright run as the likes of Ethereum carry on producing significant gains for investors. As seen below, the week started off with prices falling till a bottom of $6200 was reached. In line with the similar market conditions observed for the majority of this month, bitcoin prices were controlled…

JP Morgan has successfully trialed a blockchain based platform for the issuance of debt and to aid in the settlement process. The bank has also revealed its intentions to accommodate other traditional banking procedures such as interest rate payments which while unheard of for crypto users, could be complemented immensely by blockchain technology not only to save time but eliminate some labor costs. The platform was launched as the Bank of Canada offered $150 million…

You have probably been hearing the latest news on blockchain development and how cryptocurrencies are hot commodities right now. If you have a full-time software developer gig or are just an avid tinkerer, then you should definitely explore Ethereum blockchain development. Now you might be asking why should I develop with the Ethereum blockchain? Well after a bit of research you’ll see that Ethereum is valued at around $800 per ether. Ethereum’s value might be…

Bitcoin and Ethereum markets have both recovered spectacularly over the past week. With huge news coming out of South Korea adding to the woes from china, the progress made by particularly Ethereum markets have been a tribute to their resilience. As Ether prices stand over $300 at the time of writing and bitcoin too jumping well over 14% over the week, crypto traders have enjoyed huge profits this week. As seen on the graphs below,…

Ethereum has been hit hard recently with the official ban on ICO’s being enforced in China. Being one of the biggest markets for the coin, prices did dip significantly following the announcement, however having recovered, another blow was deal recently as South Korea too announced their intentions to ban ICO operations using any form of cryptocoin. “Raising funds through ICOs seem to be on the rise globally, and our assessment is that ICOs are increasing…

The Ethereum market has suffered considerably, as china clamped down on ICO’s being run in china. With one of the main functions of ether being the currency ideal for ICO’s, the markets lost a considerable number of investors simply because coin offerings were made illegal. The rumor mill has also gone into overdrive with many discussing possible bans to be imposed on trading on exchanges too. As seen on the graph below prices did peak…