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Cryptocurrency News Today: Dash, Koinex, Kyber Network, BitBay, Coincheck, Bitcoin, Ripple, Ethereum, and More

Payza Partners with BlockCypher to Launch Dash Cryptocurrency Payments (PRNewswire.com)
LONDON, March 19, 2018 /PRNewswire/ — Payza, an award-winning online payment processor, is proud to announce that Dash is now the second cryptocurrency members can hold in their Payza e-wallet, alongside Bitcoin and a wide range of traditional currencies. This new feature allows members in over 190 countries to hold Dash in their Payza e-wallet, send and receive Dash to and from other Payza members, and exchange Dash into fiat currency or Bitcoin. To celebrate the launch, Payza is offering a limited-time promotion: Payza members who exchange fiat or Bitcoin into Dash will receive an extra 10% of the altcoin when they buy up to 1 Dash, and an extra 5% for each Dash purchased above that amount (up to 5 Dash purchased).

Cryptocurrency Exchange Platform Koinex Lists Reliance Capital and Tim Draper Backed nCash Token (FinancialExpress.com)
In a recent announcement, Koinex, cryptocurrency exchange platform Koinex has listed the nCash Token, which aims to transform the retailing sector by increasing user engagement through brand loyalty programs. The token has been creating a debate on the internet with behemoths investing in the technology. Reliance Capital and American VC Tim Draper stand among its noteworthy investors who believe in the project.

biggest ICOs in December 2017

vonDUCK/Shutterstock.com

Kyber Network Opens to Become the VISA for Cryptocurrency (Leaprate.com)
Kyber Network, a decentralized cryptocurrency exchange, has today announced that their public beta is open to the public. The public launch of Kyber Network comes at a time when there is increasing scrutiny about the transparency of centralized exchanges and security is as big of a concern as ever. Kyber Network is a fully decentralized exchange, meaning it exists entirely on the blockchain, is trustless and holds no user funds.

Ripple [XRP] Gets Listed on BitBay – Another Milestone Crossed (AMBCrypto.com)
One of the most significant Polish cryptocurrency exchange platforms as recently announced its added support to Ripple [XRP]. Ripple has been embraced by more than 100 global banks and financial institutions as a quick and efficient mode of payment, American Express being one among them. BitBay recently announced its addition of XRP/BTC to its list. Another coin which is found way below in the market, Infinity Economics Token [XIN] was also added on BitBay along with Ripple.

Here’s Why Bitcoin, Ethereum, and Ripple Are All Rising on Monday (The Motley Fool)
Bitcoin (BTC-USD) and most other cryptocurrencies had an extremely volatile weekend. After plunging and approaching the $7,000 price level, bitcoin sharply recovered and is trading for nearly $8,300 on Monday morning, with most other major cryptocurrencies seeing similar rebounds. Here’s a rundown of today’s cryptocurrency prices, the news item that caused this weekend’s drop, and the comments that triggered the rapid rebound.

Bitcoin To Hit $91k (Cryptodaily.co.uk)
Despite the recent poor performance from Bitcoin, this could all turn around. Investors in Bitcoin got a treat, when analysts predicted that the number one virtual currency could reach $91,000 by March 2020. After hitting an all time high of $20,000 in December the beginning of the year saw this almost halve, and this weekend, the coin was valued at little over $7,000. However, the researchers who are based at the New York Fundstrat Global Advisors believed that they have looked at the long term value of Bitcoin, and have mapped out in detail the short and long term trends, which include mining costs, trading trends and other technical analysis.

Ethereum’s (ETH) Major Investor’s Impersonation May Cause Another Massive Ads Ban (OracleTimes.com)
Ethereum’s (ETH) – The looming crises biffing the cryptocurrency world over the past few months piloted series of gestures from some altcoins and the general crypto verse, giving it dents and defamations in some areas. Not the end, as the events also transude display of dismay from crypto enthusiast, especially from the recent embargo placed on all cryptocurrency related ads by the Tech giant Google and a previous one from its contemporary, Facebook. Well knowing that both companies hold a massive share of the online advert industry, the actions never seem satisfactory for users and investors of cryptocurrency. With the claims from both companies that cryptocurrency poses harm or potential harm to its users and can be deceitful, Crytolovers never seem to believe any of it, tagging the ban to self-interest from the successful tycoons.

Mastercard Open to Cryptocurrency, But There’s a Catch (Bitcoinist.com)
Mastercard has put a lot of time and effort into blockchain technology, but they’re not exactly a fan of virtual currencies like Bitcoin. This was clearly evident when Mastercard and Visa classified the buying of cryptocurrency as a cash advance instead of a purchase. At the time, the credit card giant stated: Over the past few weeks, we have clarified to acquirers – or the merchant’s bank – the right transaction or merchant category code to use for these type of transactions (cryptocurrency purchases). This provides a consistent view of such purchases for both merchants and issuers.

Coincheck Exchange to Stop Trading of Monero, Dash and Zcash (Smartereum.com)
Coincheck cryptocurrency exchange has suspended the trading of certain cryptocurrencies including Monero, Dash, and Zcash as it recovers from the notorious hack on its platform. Japan Times reported that the Exchange will stop handling the coins and others that feature a risky degree of anonymity. The Risk of Anonymity in Cryptocurrencies: Transactions on the blockchains of Monero, Dash and Zcash are highly anonymous making it impossible to identify persons who receive funds on their platforms. Persons can use cryptocurrency to launder money without being traced as a result of anonymity in cryptocurrency transactions. This is most likely the reason Coincheck has decided to trade these coins.

Bitcoin: Cryptocurrency Scammers Sued by US Federal Trade Commission (Independent.co.uk)
The US Federal Trade Commission (FTC), Washington’s consumer watchdog, has filed a lawsuit against two businesses it accuses of operating cryptocurrency pyramid schemes. The FTC is taking action against Bitcoin Funding Team and My7Network over what it defines as “chain referral” scams, in which participants pay upfront entry fees in order to be able to recommend others to follow suit. The companies allegedly promised customers who made an initial investment of just $100 (£71) that they could earn an $80,000 (£56,938) monthly income from doing so – although payouts seldom amounted to anything like that.

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