Altcoin news are important because they shine a light on different developments in the cryptocurrency space. Some of them can be surprisingly innovative, while others may disappoint and teach us valuable lessons about preserving Bitcoin.
What are altcoins? They refer to alternatives to Bitcoin and currently make up more than 40% of the crypto market capital. Some of the best known and most popular assets in this category include Ethereum, Litecoin, Bitcoin Cash (and all the forks), Monero, Zcash, Grin, Beam, DASH, Dogecoin, EOS, Cardano, TRON, and Tezos.
Though a significant chunk of these cryptocurrencies are Bitcoin clones with slight changes in parameters, there are also more complex creations which make use of different innovations in cryptography and computer science. The difference can also be observed in terms of purpose: while some altcoins aim to become quick and private means of payment that compete with Bitcoin, others try to establish settlement layers for smart contracts and an environment for decentralized applications (dApps).
Crypto Insider will keep you updated with the latest altcoin news, but also present you valuable insights on the most important projects and developments.
Initial Coin Offerings (ICOs) and crypto token sales are all the rage, as shown by the spectacular success of initiatives previously covered by Crypto Insider, which raised tens of millions of dollars with breathtaking speed. This is a roundup of recent success story in the ICO space. It's becoming evident that the ICO funding model is fast becoming a valid alternative to traditional VC models.
In November The Royal Mint, a 1,000-year-old institution owned by UK Treasury, and derivatives marketplace CME Group, announced a collaboration to build and launch a digital gold offering called Royal Mint Gold (RMG). Now, the first implementation steps have been announced.
Blockchain Capital has raised a record-breaking $10 million in six hours with its Initial Coin Offering (ICO) for BCAP tokens. The token sale is now closed. With BCAP, Blockchain Capital wants to start "democratizing" the Venture Capital industry, but this is only a beginning and there are challenges ahead.
Altcoins have often been viewed as nothing more than testnets for Bitcoin, and Litecoin may find itself illustrating this point quite clearly in the coming weeks. if SegWit is activated on the Litecoin network, it could offer a stronger level of testing for the proposal where real money is on the line.
Æternity, a new blockchain for scalable smart contracts interfacing with real-world data that wants to be "the Apple of blockchain," created by "Ethereum Godfather" Yani Malahov, is launching the first phase of its ICO later today, Monday, April 3.
Bitcoin, the first modern cryptocurrency, provided what seemed to be a high degree of anonymity. For many people, in the early days, besides encrypted and irrevocable transactions, privacy and anonymity were the most interesting features of Bitcoin. Eight years later, where are we in terms of financial privacy?
What started out as an internet meme is now turning into a way to survive in Venezuela’s disastrous economy. "Rare Pepes" trading cards have now been traded for thousands of dollars worth of XCP on Counterparty’s decentralized exchange.
The Qtum Blockchain Foundation, headquartered in Singapore, plans raise over 13,000 bitcoin on six Asian exchanges with its upcoming QTUM token crowdsale, fueling the growth of its PwC-supported blockchain platform for business.