Coss stands for “Crypto One Stop Solution.” It’s an ambitious project that aims to combine an altcoin exchange with a marketplace for goods, payment gateway for sellers, crowdfunding platform and more.
On top of all that, it’s one of the few exchanges (and arguably the only altcoin exchange) that will support fiat-to-crypto trading. This will include USD, EUR, and SGD (Singapore Dollar) pairings beginning in March 2018.
While all this has many investors bullish on Coss, the current state of the Coss.io exchange website is a bit more modest. It’s known mainly at this point as a clunky exchange where you can pick up some underground coins like Kin and Gatcoin, as well as its native COSS Token.
Continue reading Coss.io (COSS) Exchange Could Explode If They Deliver on Promises
At a time when many Bitcoin mining companies are flocking to parts of Canada for cheap electricity, the city of New York seems to have made up its mind to emerge as a key alternative. At least, that’s the signal the city administration is giving away as it approved a proposal by cloud mining service, Coinmint to take over an abandoned smelter for Bitcoin mining operations on January 30.
The New York Power Authority has since followed suit by approving 15,000 kilowatts of hydroelectric power to the new mining facility.
Continue reading New York City Opens Up To Crypto Mining Farms
Over the last several months, the cryptocurrency industry has advanced at an unprecedented rate, gaining mass acceptance among the financial experts.
For instance, Jamie Dimon regrets calling Bitcoin a fraud currency as the crypto economy approached a $1 trillion in terms of market capitalization.
However, in the last few days, the aftermarket has dropped by almost 60%, many newcomers are wondering if Bitcoin is on its last stand and a bubble burst is imminent. This couldn’t be further from the truth as Bitcoin is an extremely volatile currency and from a historical standpoint, moves like these are expected in the market.
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Continue reading The Evolution of Cryptocurrency: Highs and Lows
In what could be seen as a first of its kind proposal by a world leader, Russian Prime Minister Dmitry Medvedev has gone on record suggesting that there should be a cross-country regulatory framework for cryptocurrencies.
Apparently, PM Medvedev subscribes to the view that virtual currency regulations should not be country-specific. Instead, he wants the Eurasian Economic Union (EAEU) member states to cooperate and coordinate to bring forth a unified policy, according to a new report by Russian business journal Vedomosti.
Medvedev seems particularly keen on forming an alliance with the rest of the EAEU members including Belarus, Armenia, Kyrgyzstan, and Kazakhstan to regulate cryptocurrencies. This was evident from his speech at a conference called “Digital Agenda in the Age of Globalization” held on Feb 2 in Almaty, Kazakhstan.
Continue reading Russian Prime Minister Roots For International Collaboration For Cryptocurrency Regulation
As a matter of fact, the past year has been a really exciting one for Bitcoin and all other cryptocurrencies. Cryptocurrency has become a trending topic in the general public but it is often condensed to a mere small talk.
On the other hand, crypto aficionados and experts alike have been faced with a series of arising problems and heated debates within the community. We have borne witness to the rise of altcoins and new regulations followed by numerous reports of hacks all over the world, and the problem with the so-called “hard forks”.
This translates into a hefty package, full of intricate technicalities with a pinch of drama. Of course, no such big phenomena goes unnoticed, and the media’s attention was caught by the buzzing discussions within the crypto-community.
Continue reading The Complete Guide to Bitcoin Transaction Fees
The European Union (EU) seems keen on not missing out on the blockchain party.
European Commission (EC), the politically independent executive unit of EU, has launched a new body called the EU Blockchain Observatory and Forum (BOF) to consolidate and build on promising blockchain initiatives within EU member states.
BOF is essentially a pilot project backed by the European Parliament. It was proposed by Jakob von Weizsacker, the same Member of the European Parliament who drafted a recent, highly-cited report on cryptocurrencies.
Continue reading EU Aims To Lead The Path By Launching Blockchain Observatory and Forum
The London Football Exchange (LFE) has announced its intention to launch a cryptocurrency entirely centered around soccer. The vision is to create a global community linking everyone with an interest in soccer – both business and personal.
“Democratising Football Through The Blockchain”, reads the headline on the official site. “The London Football Exchange is a global movement to create the ultimate sports community where fans partake in exclusive club and fan experiences,” as explained on the website.
Continue reading London Football Exchange Announces Flagship Soccer Cryptocurrency
Bitflyer and Yamada Denki will be working hand-in-hand as the largest consumer electronics franchise in Japan tests the water for bitcoin payments.
Having launched in the US in November 2017, Bitflyer is one of the leading Japanese digital currency exchanges. It is also the fourth-largest trading platform, making it a high-profile partnership for the electronics retail giant.
Continue reading Japan’s Yamada Denki Joins Forces with Bitflyer for Bitcoin Payments Trial
Born January 31, 1994, in Russia, Vitalik Buterin is the Founder and chief scientist of the Ethereum project. Just like Bitcoin has its mythical figure that is Satoshi Nakamoto, Vitalik is the skinny, geeky-looking techie behind Ethereum.
But don’t let the cute cat T-shirts fool you, Vitalik was introduced to Bitcoin in February 2011 when he was 17, and at that time no one at his age had even a remote idea what cryptocurrencies were. Initially, his father was more interested DLT and cryptocurrencies, whilst Buterin didn’t think much of it.
After hearing about it, repeatedly, he eventually got interested in it — so much so, in fact, that he quit playing World of Warcraft and got possessed by the potential power of this new technology.
Continue reading Who is Vitalik Buterin, The Mastermind Behind Ethereum?
2018 is off to a shaky start.
With Bitcoin floundering from its all-time high, many investors are turning to alternative coins (altcoins for short) that seem to offer much more promising applications, yet for a much lower price.
The challenge is predicting what coins could truly blossom, and hold their value in the event of a major Bitcoin crash. To do so, the coin needs a promising everyday use that can justify a high valuation.
Continue reading The Top 5 Altcoins for 2018: Practical Projects, Underground Gems and Moonshots