Mobile Wallet for Lighting Network Available

The Telegram (TON) token will have its own wallet and a ticker symbol GRAM. One Gram is supposed to be worth 10¢ in U.S. Dollars. Around 850 million GRAMs have been sold in a presale to 81 selected investors.

Read more

Coinbase is so profitable it does not need Venture Capital

The source of Coinbase’s prosperity is obvious: it makes money by charging .25% to 1% fees on all transactions. The size of the revenues indicates a massive increase in Coinbase’s transaction volume; probably generated by the media interest in high cryptocurrency prices.

Coinbase is adding new sources of revenue on a regular basis. Its; wallet now supports four cryptocurrencies; Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), and Bitcoin (BTC).

Coinbase; which operates the GDAX exchange, now has more than 13 million brokerage accounts more than Charles Schwab (NYSE: SCHW), Recode claimed. Coinbase claims to serve more than 10 million members in 32 countries and exchanged more than $50 billion worth of cryptocurrency.

Read more