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Crypto World News

Telegram doubles amount raised in ICO, German National Tourist Board accepts cryptocurrencies, number of lightning network nodes overtakes Bitcoin Cash nodes and more news from the world of cryptucurrencies...

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Big Investors Will Make ‘All Hell Break Loose’ In Crypto In 2018, Says Abra CEO

Cryptocurrency investment app Abra’s CEO forecast that “all hell will break loose” in Bitcoin and altcoin markets this year in a fresh mainstream media interview March 28.

https://cointelegraph.com/news/big-investors-will-make-all-hell-break-loose-in-crypto-in-2018-says-abra-ceo


Telegram Doubles Amount Raised in ICO to $1.7 Billion

Messaging app provider Telegram has successfully raised another $850 million through its initial coin offering (ICO) private sale, public documents reveal.

https://www.coindesk.com/telegram-doubles-amount-raised-in-ico-to-1-7-billion


Number of Lightning Network Nodes Overtakes Bitcoin Cash Nodes

Lightning Network, the proposed layer-two scaling solution for Bitcoin, now seemingly has more active nodes than the Bitcoin Cash (BCH) network. According to recent statistics, the active nodes on LN are ~1,347 as compared to ~1,286 active nodes on Bitcoin Cash.

https://www.bitsonline.com/lightning-network-nodes


Reddit Reportedly Removes Bitcoin As Payment, Cites ‘Coinbase Change’

Reddit has reportedly removed the option for users to pay for their premium membership program, Reddit Gold, in Bitcoin (BTC) citing an “upcoming Coinbase change”, according to a Reddit post in subreddit /r/btc published March 23.

https://cointelegraph.com/news/reddit-reportedly-removes-bitcoin-as-payment-cites-coinbase-change


SEC Investigation of Overstock Crypto Exchange Grows; Stocks Decline

Stock shares for online retailer Overstock.com have fallen by roughly 30 percent this year. Its subsidiary, tZero, recently announced plans to open a new digital currency exchange, but these plans have attracted some unwanted attention, and an investigation by the Securities and Exchange Commission (SEC) into the blockchain firm is currently underway.

https://www.bitsonline.com/sec-investigation-into-overstocks-crypto-exchange-grows-stocks-decline


Nvidia CEO Says Cryptocurrency and Blockchain Technology Is Here to Stay

According to Nvidia CEO Jensen Huang, the crypto craze isn’t going to fizzle out anytime soon despite recent asset price slumps. 

https://www.bitsonline.com/nvidia-ceo-cryptocurrency-blockchain


Edward Snowden On Bitcoin: World Needs Better Option To Avoid Gov’t Coercion

US whistleblower Edward Snowden voiced concerns over Bitcoin’s long-term prospects in an interview on March 22, saying the cryptocurrency’s public Blockchain made it susceptible to abuse.

https://cointelegraph.com/news/edward-snowden-on-bitcoin-world-needs-better-option-to-avoid-govt-coercion


German National Tourist Board Now Accepts Cryptocurrencies

As reported on the business news information website Trade Arabia, the German National Tourist Board — the national marketing organization that promotes tourism in and to Germany — is now accepting digital currencies such as bitcoin. Commencing immediately, all services can be paid in cryptocurrencies.

https://www.bitsonline.com/gntb-acceps-cryptocurrencies


AirAsia Planning Cryptocurrency-Based Rewards Program

AirAsia chief executive Tony Fernandes told Nikkei Asian Review that its frequent-flyer rewards program is being converted into a cryptocurrency platform called BigCoin. The move is part of a broader effort to improve the airline's digital services and move the company toward a cashless system.

https://www.coindesk.com/airasia-planning-cryptocurrency-based-rewards-program