Cryptocurrency Startup CoinList Raises $9.2 million in Funding to Expand Services for Investors and Vetted Blockchain Companies (TechStartups.com)
Initial Coin Offering (ICO) is leveling the playing field and making it easier for startups to raise funding for their projects in the form of crowdsale. The crowdsales give startup founders access to funding from the crowd, and token buyers, in turn, get something similar IPO for public company. However, ICOs come with some challenges. There are some fraudulent and scam ICOs out there. Some startups are scamming investors with shady ICOs. The question is, how do you avoid ICO scams? One startup, CoinList, is solving this problem by building a platform to vet ICO and blockchain companies. CoinList is a platform for the best digital asset companies to manage their token sales and is the place for investors to discover high-quality projects.
Cryptocurrency Verge Responds To Hacking Claims By Launching ‘Accidental Hard Fork’ (CoinTelegraph.com)
Anonymity-focused cryptocurrency Verge (XVG) lost 25% of its value April 4 as news surfaced of an apparent hack which developers ‘resolved’ by accidentally initiating a hard fork. According to various press and social media sources, including Verge developer known as Sunerok, a bug allowed manipulation of block mining timestamps. This created the potential for illegitimate coins to appear from nowhere. “There’s currently a >51% attack going on on XVG which exploits a bug in retargeting in the XVG code,” Suprnova mining pool’s OCminer reported on Bitcointalk.
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NEO and Gas Will Be Added to Cryptocurrency Exchange Cobinhood (UseTheBitcoin.com)
NEO and Gas keep expanding their market and audience. The decentralized and first cryptocurrency exchanges without fees, Cobinhood, will add NEO and Gas to its platform. The information has been released by Cobinhood in a blog post on march the 28th. Cobinhood Adds NEO and Gas: NEO and Gas will be listed on April the 6th at UTC+0. Withdrawals will be enabled later this month, on April the 13th. The trading pairs for these two cryptocurrencies will be NEO/BTC, NEO/ETH, NEO/USDT, and GAS/BTC, GAS/ETH, and GAS/USDT.
Qurrex, Andromeda Create New Crypto Exchange (PaymentWeek.com)
For a commodity that’s been so maligned in recent days, and the recipient of so many metaphorical slaps to the face, crypto exchanges sure are cropping up quite a bit lately. One of the newest comes from a strategic partnership established by Qurrex and the Andromeda Group, a move that not only sets up a new exchange, but offers a little something new in the process. With the new exchange, the two firms hope to step up over the counter (OTC) desk operations, listing exchanges, and bringing in new-or current-crypto investors.
Bitcoin Price Slides Further Toward $6,600 As Experts Say There Is An Impending Bitcoin Bull Run In 2018 (Benzinga)
Bitcoin price tumbled below the pivotal $7,000; short-term support found at $6,600. Experts in the cryptocurrency space are convinced that top digital assets will have a strong comeback in 2018. The selling pressure is still looming in the cryptocurrency market where a majority of the digital assets are showing red as the weekend nears. Bitcoin price tumbled below the pivotal $7,000 level during the trading session yesterday. BTC/USD found a support at $6,600; however, the price has been capped below $6,900.
Bitcoin price THREAT: Cryptocurrency LEADING World Markets but Making THIS Worrying Signal (Express.co.uk)
BITCOIN price fluctuation has a deep connection to the moves of financial markets according to Doubleline Capital CEO Jeff Gundlach who claimed the cryptocurrency is now leading global markets. The CEO claimed there is a connection between bitcoin and global markets, saying the cryptocurrency is now paving the trends for the international stock markets. Speaking to CNBC, Mr Gundlach said: “What’s interesting is that bitcoin very clearly leads risk assets. “Let’s talk about the SNP500: bitcoin started tanking in the middle of December and the SNP500 started tanking after January 26.
Ripple, Litecoin And Bitcoin Cash Added To ADS Securities’ Trading Platform (BlockTribune.com)
Abu Dhabi-based financial services firm ADS Securities has added three cryptocurrency derivative products to its proprietary OREX platform. Users can now trade Ripple, Litecoin and Bitcoin Cash, alongside the already installed bitcoin and ethereum. ADS Securities offers commodity trading (precious metals such as gold, platinum, silver, and palladium), foreign exchange, and multi-asset investment services. It provides foreign investment markets analysis on CNBC, Bloomberg, and CNBC Arabiya. It is one of the biggest foreign-exchange traders in the UAE and serves central banks, asset managers, brokerage firms, and hedge funds.
Cryptojacking Enjoys Boom, New Symantec Report Shows (CryptoVest.com)
Symantec has found an increase of 8,500% in coin mining software on systems, making cryptojacking the top malware trend of 2017. The number and sophistication of cyber attacks related to cryptocurrencies appear to have grown in tandem with the market itself. The new Internet Security Threat Report from Symantec confirms this, labeling cryptojacking the biggest trend of 2017.
Ripple Tried To Pay For Coinbase, Gemini Listings Which Is 100% Legal, 60% Of The Time (DealBreaker.com)
Remember Ripple? No? That’s ok, neither does anyone else apparently. As it turns out, people tend to forget about things that lose 85% of their value in the space of four months, which is what’s happened to Ripple after it hit a high above $3 earlier this year. That absurd blowoff top for the coin (which sports a literal fidget spinner as a logo) came hot on the heels of 2017’s 32,000% gain. The furious rally briefly catapulted cofounder and former CEO Chris Larsen above Google founders Larry Page and Sergey Brin, Steve Ballmer, Larry Ellison, and a whole host of other high profile billionaires on the list of Earth’s richest people.
