Crypto News

Kik ICO Raises Nearly $100 Million
Web messaging platform Kik Messenger has concluded the much-hyped initial coin offering (ICO) for Kin, the platform’s new native currency. Including contributions from a private presale, the Kik ICO raised nearly $100 million. >>Source

Bitcoin Price Eyes $4,000 as Combined Market Tops $135 Billion
The crypto markets continued to climb on Tuesday, with the vast majority of top 100 cryptocurrencies posting moderate gains. The bitcoin price rose to within striking distance of $4,000, while the Ethereum price edged past $290 to continue its march toward $300. Altogether, the markets added more than $5 billion. >>Source

South Korea’s Second Largest Exchange Korbit Acquired at $150 Million Valuation
NXC, the holding company of Nexon, the $10 billion Japanese gaming company founded by South Korean entrepreneur Kim Jung Ju in 1994, has acquired Korbit, the second largest cryptocurrency exchange in South Korea and the first bitcoin exchange in the country, at a $150 million valuation. >>Source

New phishing attempt from domain https://blockchfain.info/
There is currently a phishing mail in circulation, targeting users of cryptocurrencies. Reddit user, Yanliii has reported and posted information about the phishing page and has advised everyone to report the domain to Google's safe-browsing page. Read more in the source. >>Source

Bittrex Phishing Site warning
By Googling "Bittrex" you will be shown an advertisement for the website: http://www.bittrex.ltd/ – This is NOT the real Bittrex site and is in fact a phishing attempt. This advertisement is not shown for everyone, but stay safe, everyone. Read more in the source. >>Source

Localbitcoins Compensates Users by Selling Bitcoin Cash for BTC
Over the past few weeks, many Bitcoin Cash (BCH) supporters wondered when the peer-to-peer trading platform Localbitcoins would release BCH funds to users who left bitcoin on the exchange before the August 1 split. On September 25 the organization revealed it sold the BCH funds and will be compensating users in bitcoin. >>Source

Ripple Expands Asian Presence with New Office in Singapore
San Francisco-based blockchain startup Ripple has opened shop in Singapore, one of the world’s leading trade and financial hubs. Ripple’s latest footprint in Asia comes within weeks after the launch of its office in India, the world’s largest remittance receiver. >>Source

Litecoin and Vertcoin Successfully Tests Atomic Swapping
The developers of Litecoin (LTC) and Vertcoin (VTC) have announced that they have successfully tested their upcoming atomic swap feature in what is considered a landmark moment for both coins.
The Atomic swap feature between Litecoin and Vertcoin has been in development for a number of months and it looks like all of that hard work has finally paid off as Litecoin developer Charlie Lee took to Twitter last night to reveal that he had successfully swapped 1 Litecoin for 55 Vertcoins through the block chain. >>Source