Bitcoin News — Altcoins

Is Initiative Q the Next Bitcoin?

Posted by Kai Sedgwick on

Is Initiative Q the Next Bitcoin?If you’ve been anywhere near social media in the past fortnight, or even used your favorite messaging app, there’s a good chance you’ve been shilled a referral link to Initiative Q. A mate probably forwarded it to you or tagged you in a post offering an invite to the first five responders. Maybe you FOMO’d […]

The post Is Initiative Q the Next Bitcoin? appeared first on Bitcoin News.

Read more →

Majority of Crypto Assets Are Highly Centralized, Research Finds

Posted by Avi Mizrahi on

Majority of Crypto Assets Are Actually Centralized, New Research FindsOne of the central pillars of Bitcoin and cryptocurrency in general is that the system is decentralized, ensuring no single point of failure for adversaries to attack. However, new research has found the majority of assets in the ecosystem today to be highly centralized. Also Read: Crypto Hedge Fund Launches Retail Public Offering in Japan […]

The post Majority of Crypto Assets Are Highly Centralized, Research Finds appeared first on Bitcoin News.

Read more →

Japan: Messaging Giant LINE Launches Trading of Its LINK Token on Native Exchange

Posted by William Suberg on

Japanese messaging giant LINE’s LINK token has received its first exchange debut on its in-house trading platform BITBOX.

Japanese messaging app provider LINE Corporation announced that its newly-developed LINK (LN) token is now tradeable on its native BITBOX cryptocurrency exchange in a press release Tuesday, October 16.

LINE, which launched BITBOX in July, will offer trading against three cryptocurrency assets – Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) – out of a total of thirty currently available on the exchange. BITBOX does not offer fiat trading.

In future, LN holders will be able to spend their holdings in LINE’s decentralized application (DApp) system, also currently under development, the press release notes.

“We're very pleased that users are now able to trade LN on BITBOX, which is a major step forward in our plans for creating a token economy,” LINE CEO Takeshi Idezawa commented in the release, continuing:

“We think it is important to promote co-creation and mutual growth with LINK, while ensuring BITBOX continues to develop as a user-friendly platform that adds value to those who use it and contribute to our services.”

Along with promotional activities such as an airdrop of TRON (TRX) tokens for LN holders, the move marks the latest step in the company’s continued efforts to embrace the crypto economy.

As Cointelegraph reported in August, LINE’s Hong Kong-based subsidiary Unblock launched a $10 million “corporate token fund” with the aim of “boosting the development and adoption of cryptocurrencies and blockchain technology.”

Separately, internet conglomerate GMO Internet Co. Ltd revealed plans earlier this month to launch a cryptocurrency stablecoin pegged to the Japanese yen.

Read more →

Largest South Korean Exchange Launches Crypto Market Indices

Posted by Kevin Helms on

Largest South Korean Exchange Launches Crypto Market IndicesThe largest crypto exchange in South Korea by trading volume, Bithumb, has launched two cryptocurrency market indices. One tracks all coins listed on the exchange while the other tracks only altcoins. Meanwhile, Upbit, the country’s largest crypto exchange by the number of coins listed, has two similar indices and sub-indices divided into three broad categories. […]

The post Largest South Korean Exchange Launches Crypto Market Indices appeared first on Bitcoin News.

Read more →

Exchanges Roundup: Glen Oaks Escrow Supports Crypto, Binance to Delist 4 Altcoins

Posted by Samuel Haig on

Exchanges Roundup: Glen Oaks Escrow Supports Crypto, Binance to Delist Four AltcoinsIn recent news pertaining to cryptocurrency exchanges, Glen Oaks Escrow has announced that it has partnered with Bitpay to support cryptocurrency payments and Binance has revealed that it will delist bytecoin, chatcoin, iconomi and triggers next month. Etoro, meanwhile, has announced a “significant cut” in the spreads on cryptocurrency markets on its platform. Also Read: Korean […]

The post Exchanges Roundup: Glen Oaks Escrow Supports Crypto, Binance to Delist 4 Altcoins appeared first on Bitcoin News.

Read more →