Category: Crypto News

Finance Minister of India, Arun Jaitley mentioned in its budget speech today that Bitcoin and other cryptocurrencies (Ripple, Litecoin, Ethereum etc) are not a legal tender. He added that the government will be taking all steps to eliminate the use of crypto assets. Mr Jaitley said that people who are indulging in such transactions are doing it at their own risk. The government is examining the matter and committee under chairmanship of secretary, department of economic affairs is working over issues concerned with the cryptocurrencies.

(more…)

The fast growing cryptocurrency exchange, KuCoin has added USDT pairs for Litecoin, Ethereum Classic, TEL and OCN. USDT stands for US Dollar Tether. Tether is 1 to 1 with USD and since it is an Alt coin you do not have to pay capital gains yet since technically you did not trade an asset into US currency. Having a USDT pair allows the user to keep everything in terms of United States dollars. Some do not like keeping their trading capital in Bitcoin. They do not see trading against BTC as the goal and think that think that since everything in real life is fully tied up to the fiat system, it is better to trade against USDT.

(more…)

Want to claim those free EtherZero ETZ coins/tokens? This article will help you to claim them using myetherwallet.com. You will be setting up a custom node and then send those coins to a supported exchange where you can trade ETZ. If you just want to check the balance, visit explorer.etherzero.org and enter your ethereum wallet address. It will then show you the amount of EtherZero you can claim.

(more…)

Bitcoin was the first Blockchain currency that was created in 2009. Since then Blockchain and its use have expanded exponentially. Shortly thereafter, Bitcoin received some competition with the release of Ethereum, which is also a Blockchain-based cryptocurrency. After a few years of growth, let us find out which currency will be more profitable in the long run.

(more…)

Earlier, the Tron TRX team was caught for plagiarizing white paper and today, they were caught again with copying and pasting codes. They even forgot to credit anyone and then tried to hide it but got caught to hide it. The TRON runs on Ethereum blockchain and simply copied code from ethereum’s official github to their github without crediting the original project. The Tron team has deleted the link to the copied file but here is the original ethereum file link.

(more…)

Popular cryptocurrency exchange, Cryptopia is facing myriad complaints after suspending trading activity due to server overload. The exchange, which is based on New Zealand suspended trading in two of its base markets, DOGE and LTC as its servers were unable to handle number of trades occurring. The exchange hit 500,000 users on 1^st of December 2017 and by 31^st December, it had hit 1,000,000 users. Registrations on Cryptopia have been paused to upgrade the resources to handle such massive traffic. The company had mere 30,000 users an year back.

(more…)

GRS coin or Groestlcoin was the first coin that activated Segwit and supports lightning network. In this article, we will discuss the best wallets for GRS coin. If you are planning to store the Groestlcoin for a longer duration (>1 week), you should always use a GRS wallet. There are many types of wallets. Choose the GRS coin wallet that suits you.

(more…)

Viacoin has added pair of Viacoin TOR servers for the Viaelecrum 3.x release. This service runs only on dedicated virtual machine and accessible only using TOR service. So you would not be able to access it on the clearnet. The VialectrumX servers do not log IP addresses or detailed session data, giving that extra bit of privacy. These servers are not visible if you are not running TOR.

(more…)

Wavecrest, the issuer of TenX card has sent emails to TenX users that their cards are no longer useable. This also affects other companies that use Wavecrest service and that includes Wirex, Bitpay and Crypopay. TenX is a Visa Prepaid card and starting today, it will no longer function. However, the funds stored in the e-wallet will remain accessible as they are handled by the wallet provider. This caused a lot of panic in the already depressing price of the TenX’s token, PAY which runs on Ethereum blockchain.

(more…)

Bytecoin is one of the most promising and underated currencies of 2019. To store Bytecoin (BCN), you will need a wallet. In this article, we will discuss various types of bytecoin wallets available right now and what all are in the tunnel.

(more…)