> >

Total virtual currency sales jump in 2018 but monthly trend slows - report

Firstpost Tuesday, 5 June 2018
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Virtual currency sales ballooned to $9.1 billion so far this year, exceeding the $6.6 billion total for all of 2017, a financial technology data provider reported on Monday, but it said the monthly trend actually showed a slowdown if the two biggest offerings are excluded. Digital technology startups around the world have raised funds by selling cryptocurrencies, or tokens, that sidestep banks or venture capital firms as intermediaries. Financial technology provider Autonomous NEXT reported the $9.1 figure, noting that the total includes token sale offerings of Telegram, a messaging service founded by Russia-born entrepreneurs Pavel and Nikolai Durov in 2013, and's EOS currency

Recent related videos from verified sources

US weapons and advisors used in Saudi Arabia-Yemeni conflict [Video]US weapons and advisors used in Saudi Arabia-Yemeni conflict

YEMEN — Germany, Finland, and Denmark have stopped arms sales to Saudi Arabia due to the assassination of Washington Post columnist Jamal Khashoggi and the ongoing humanitarian crisis in Yemen. The..

Credit: TomoNews US     Duration: 01:47Published

'Aquaman' Surpasses $100M With Strong Christmas Box Office Sales [Video]'Aquaman' Surpasses $100M With Strong Christmas Box Office Sales

On Christmas Day alone 'Aquaman' made $22 million at the box office, pushing its total domestic box office sales to $105 million so far. "Sherlock Holmes," "Avatar," and the last three "Star Wars"..

Credit: Wochit     Duration: 00:42Published

You Might Like

Tweets about this

Other recent news in Business

SBI announces loan waiver to 23 soldiers killed in PULWAMA terror attack; insurance money to be expeditedSaudi visit highlights PAKISTAN's search for investment
IndianOil denies AADHAAR data leak claims by French researcherNo evidence that SEARCH for 'toilet paper' showing images of Pakistani flag: Google
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest