China’s Amazon, Alibaba, Launches Massive Crypto Platform

Despite soft bans and official pronouncements otherwise, Chinese firms appear to be launching headlong into cryptocurrency mining. CnLedger, a Twitter-based Chinese crypto news information provider, relayed the report from Chinese Internet service qq.com, stating Alibaba’s ‘P2P Nodes’ platform had “launched” after a registration in October 2017. Another Chinese conglomerate, Tencent, has registered a “Blockchain-related trademark” […]

Amazon Edges Toward Big Crypto Move

Rumors, gossip and speculation have been rampant since last November, when Amazon bought three cryptocurrency domains:  amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com. Some newsletters have even announced dates when Amazon will start accepting cryptocurrencies, including Bitcoin, seeking to drive up the price. However, Amazon Pay’s VP Patrick Gauthier told CNBC last month that Amazon had no plans […]

Hot ICO Followed by Investigations, Accusations, then Collapse

BitConnect announced it would shut down its lending and exchange services yesterday fueling speculation that it was nothing more than a sophisticated Ponzi scheme. The company, which made its foray into the cryptocurrency scene with an ICO in late December 2016, swiftly cemented its position as one of 2017’s best performing currencies on CoinMarketCap. Three […]

telegram ico

Telegram to Launch Huge ICO for ‘Gram,’ Aiming at 180 Million User Base

Telegram, the secure messaging platform that recently made headlines for being banned during the Iranian protests, is planning an initial coin offering (ICO) to raise as much as $3 billion, with a pre-ICO sale of $500 million. The ICO, expected in March, would potentially be the largest private cryptocurrency financing to date. Telegram’s Russian co-founder […]