The mid-day cryptocurrency market update uses data from Messari’s OnChainFX — all market movers are based on the top small, mid and large-cap cryptocurrencies. More about the methodology can be found here. Crypto Market Update: Total Market Cap: $ 287.6 billion (1.3%) Bitcoin Dominance: 56.8% (-1.7%) Top-15 Cryptocurrencies: Best Performers: Worst Performers: Recent: KuCoin Lists Binance […]
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Monday Crypto Market Movers: BEAM, GRIN, LINK, RDN, TOMO
The mid-day cryptocurrency market update uses data from Messari’s OnChainFX — all market movers are based on the top small, mid and large-cap cryptocurrencies. More about the methodology can be found here. Crypto Market Update: Total Market Cap: $ 288.5 billion (1.5%) Bitcoin Dominance: 57.0% (1.7%) Top-15 Cryptocurrencies: Best Performers: Worst Performers: Recent: Bitcoin Is Killing […]
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Wednesday Crypto Market Movers: XZC, GRIN, BEAM, SWM, WAX
The mid-day cryptocurrency market update uses data from Messari’s OnChainFX — all market movers are based on the top small, mid and large-cap cryptocurrencies. More about the methodology can be found here. Market Update: Total Market Cap: $ 260.1 billion (3.0%) Bitcoin Dominance: 55.6% (-0.8%) Top-15 Cryptocurrencies: Best Performers: Worst Performers: Breaking: Fantom (FTM) Surges Over […]
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In the Daily: Quadrigacx Transfer, Tokenized Bonds, Beam Investment, Rakuten Pay
In this edition of The Daily, Canadian exchange Quadrigacx has transferred its remaining crypto funds to the court appointed monitor Ernst & Young. In Germany, the federal securities regulator Bafin has authorized an STO. Also, Beam has found a new investor and Rakuten plans to integrate cryptocurrencies into its mobile app.
Also read: Sirin Labs Smartphone, Middle East Cbx Exchange, IPC’s Connexus Cloud
Quadrigacx Sends Cryptocurrency to Ernst & Young
Troubled crypto exchange Quadrigacx has transferred its cryptocurrency holdings to the court appointed monitor Ernst & Young. According to the second report issued by EY, which is dated Feb. 20, the digital assets will be held in cold storage pending further order of the court. The transfer has been authorized by the judiciary.
Micro-Cap Altcoin to Follow: Beam (BEAM)
Few cryptocurrencies have made as big of a splash in 2019 as micro-cap privacy coin, Beam (BEAM), which is currently only valued at $ 8 million in total market cap. The First Mimblewimble Coin Beam first gained mainstream crypto attention after becoming the first Mimblewimble privacy coin to launch, making its debut in early January. The technology behind the coin, […]
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Beam (BEAM) Plans to Develop a Mimblewimble Compatible Lightning Network
Recently launched privacy coin Beam (BEAM) revealed on Tuesday that it is planning to develop and launch the very first Mimblewimble-compatible Lightning Network, a second-layer scaling solution for fast and cheap transfers of value off-chain. Discover how we're planning to develop and launch a Mimblewimble compatible Lightning Network https://t.co/2bCa4409nt #mimblewimble #SovereigntyByDesign — @Beamprivacy (@beamprivacy) February 12, 2019 […]
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Beaxy Continues Its Pre-Launch Listings With Beam, Holochain and 6 Other Coins
Beaxy, an upcoming platform vying for the title of “best spot cryptocurrency exchange on the market,” is currently releasing the next wave of altcoin trading pairs that will be made available when the exchange launches. Beaxy is excited to begin the announcement of second round listings with Stratis! $ STRAT @stratisplatform pic.twitter.com/CTgwYx6uQC — Beaxy (@BeaxyExchange) January 28, 2019 […]
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Litecoin (LTC) Rallies 30% After Announcing Beam (BEAM) Collaboration
The price of Litecoin (LTC) rallied around 30% in early morning trading on Friday after news circulated Thursday that the altcoin is “cooperating” with Beam (BEAM) to explore the implementation of Mimblewimble. Litecoin Foundation and Beam Cooperation Announcement https://t.co/H6SwsiruwV #SovereigntyByDesign #Mimblewimble #Litecoin @SatoshiLite pic.twitter.com/oMfYeOl6TY — @Beamprivacy (@beamprivacy) February 7, 2019 According to the announcement, the Litecoin Foundation approached Beam […]
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Privacy Coin Beam (BEAM) Has Rallied 90% Since Launching in January
The price of Beam (BEAM) is now up around 90% in the past month as investors and miners begin to warm up to the new Mimblewimble privacy coin. To read this article you must be a subscriber Members can login here. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed Premium members gain access to exclusive content that’s […]
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The Daily: Critical Bug Found in Beam Wallet, Wirex Adds Another Cryptocurrency
In Friday’s edition of The Daily, we cover the news about a vulnerability found in the Beam Wallet days after the launch of the Mimblewimble-based coin. Also, crypto card provider Wirex has added waves to its list of supported cryptocurrencies, and digital asset exchange Exmo has registered an increase in the number of Belarusian users following Binance’s move to restrict their access to its platform.
Also read: Trust Wallet Adds BCH, 35,000 Merchants Get Access to Crypto Payments
Beam Drops Bitcoin Remittance In Ghana
Bitcoin is being seen as the answer to all problems associated with the current remittance model. Sending money around the world is a tedious task and involves hefty fees. Wire transfers take weeks to clear, assuming the recipient has a bank account. Companies such as Western Union are dominating the remittance market and will continue to do so for quite some time. Bitcoin startup Beam is dropping their remittance plans for now.
Ghana Could Very Well Become The Next Bitcoin Hotspot
A lot of smart people have been saying it for a while now : BItcoin could gain massive adoption by gaining a foothold in developing countries. Beam, which is an accra-based company allowing Africans to send money cheap and instantaneous, publicly stated there is a huge demand for Bitcoins in Ghana.
Image courtesy of HumanIPO
Ghana ia an underdeveloped country, with a rather low level of sophistication when it comes to their financial model. Most people living in Ghana don’t even have access to a bank account, and even if you do have one, the fees are simply outrageous.