South Africas second-largest supermarket chain store, Pick n Pay, recently started accepting bitcoin in one of its stores, according toan announcement made by payments software development firm Electrum. (BTC)
Chinas plan to ban crypto exchanges delivered a blow to cryptocurrency prices, but not all crypto executives are shuddering. Despite the facts that Shanghai has ordered exchanges within its jurisdiction to close and Shanghai-based BTCCs plan to suspend trading by the end of September. (BTC)
Throughout the past two weeks, the cryptocurrency communitys anticipation of the Chinese governments nationwide ban on bitcoin exchanges led to a major correction in the price of bitcoin and most of the cryptocurrencies in the market. (BTC)
ICO's raised a record rate of $797 million in the second quarter of 2017, according to CoinDesk's State of the Blockchain report. Combined with Q1 2017's rates, initial coin offerings were funded by $1.13 billion in the first half of the year.