September 12, 2026

Capitalizations Index – B ∞/21M

India’s first ICO for digital currencies soars to $78,000 overshadowing Bitcoin

Blockchain on Medium
India’s first ICO for digital currencies soars to $78,000 overshadowing bitcoin

In response to the launch of Cryptocurrencies(ka-ri-pto currencies)by various companies across the world, India’s first ICO (Inital Coin Offering) for its digital currency RapeCoin(RAPE) labeled under crapetocurrencies (karo-rape-to currencies or kar-rape-to currencies) have taken the world crypto markets by storm.

While the currency was in use in India for many years and was never approved publicly with access only to a select few, its popularity soared high in last few months with multiple gang-rapes and this allowed for an opportunity for some hackers to launch the ICO making it available to the general public. “Today marks the inflection point of the Rape economy,” A minister said. With 1.3 Billion people and a growing population, there is tremendous opportunity for Rape and Child abuse and Companies/Individuals should not view this as a missed opportunity but as creating new business models of selling rape and abuse services that we should offer to our people.” He cited RapeCoin’s success as similar to that of bitcoin(BTC) and other digital currencies as evidence that the Indian Rape movement has steam.

India’s first ico for digital currencies soars to $78,000 overshadowing bitcoinRapecoin with 3000% growth and 100 times market cap of bitcoin

While the RBI and government are not amazed at its popularity and gains on first day, they are not banning it or denying its acceptance or usage for exchange of goods. Looking at the growth potential of these markets, some authorities are asking the government to allow policies to differentiate it from ICOs and make a new market segment of IROs(Initial Rape Offering)under a scheme for companies to launch their own currencies.

India’s first ico for digital currencies soars to $78,000 overshadowing bitcoin

A group of anonymous hackers not surprised by the popularity of RapeCoin and the lack of government action, have decided to launch their own cryptocurrency which will fight against Rape and the government’s lack of action. The details of the initiative are kept very confidential and secret for now but the activists seem to have a lofty goal of eliminating RapeCoin in next 10 years and put all its users behind bars and make the country a safe place for all the women and children.

Share your ideas in the comments section, If you would like to join the mission to fight the rape culture, build a safer and better country for everyone and create an impact in the lives of those impacted by rape and child abuse. Signup to create an impact.

India’s first ico for digital currencies soars to $78,000 overshadowing bitcoin

Ethereum World News
TRON [TRX] Recent Events and Developments Impacting its Future
Trx development

The thirteenth largest cryptocurrency by market capitalization TRON (TRX – $2.5 bln) has been taking center stage in the coin-show many times in the recent weeks. The much aspiring projects targets building a solid infrastructure for a true-autonomous internet.

Trx trading

Source: coinmarketcap

Being one of the largest blockchain-functioning platforms in the world, the Tron Protocol is famous for its characteristics like high availability, high quantity support that acts as the foundation of all dApps on the network, and its scalability.

For starters, the platform represents an autonomous media sharing ecosystem which is build and developed on the very attractive blockchain technology. The team behind TRON has envisaged the vision of creating an entertainment platform which would give users the option of freely publishing, maintaining, possessing, and storing their own data. Users will also be given the option of transacting virtual assets through autonomous self-governance.

With no major issue met, TRON as a project and solution is working very smoothly as planned by the team, and accordingly these technical developments were confirmed and achieved for the network:

Optimization of networks synchronization and disposal of outdated data has been made recently.
Optimization of address format and block signature format has been attained recently.

Features and upgrades that are still on the progress of getting ready and being developed are: new functions that do make it possible to view blocklists, transaction list, account transaction behavior list,  the design of the reward mechanism of voting and The logic of the irreversible blockchain synchronization.

Albeit of the contrivances and turbulence which includes the loggerhead between Tron and Ethereum, and the bearish crypto market which really affected Tron, the cryptocurrency, within 7 days of the Test Net launch has increased it’s tentacles to 31 countries with 2500 nodes. As such, this has stirred increased confidence from its users and investors.

There has been several Tweets between Justin Sun and Vitalik Buterin, with a recent one from Sun claiming that Tron is better that Ethereum in 7 ways.

On April 2nd, the TRON technical team gave an interview to a We-media journalist. In this interview, the details of the TRON public chain and services were introduced. There was in-depth talk about issues like the comparison to other teams, expansion of the crypto ecosystem and the lower public chain.

After three years of hard work at Hupan University, Tron’s  (TRX) Justin Sun can now be considered as a graduate of the institution that has Jack Ma as its Principal.

It is with premise that one can see the significance of Justin Sun’s achievement at the University. On the afternoon of March 26th, Sun submitted a graduation thesis titled “the Birth of a Decentralized Internet’. The thesis provided a detailed look into his thoughts through his experience in the blockchain industry and how it will evolve with time.

Sun also updated his mentor, Jack Ma, about the progress of the Tron project. He also let him in on future developments and plans.

The post TRON [TRX] Recent Events and Developments Impacting its Future appeared first on Ethereum World News.

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Billionaire Mark Cuban Buys $20 in Bitcoin, Says It’s ‘In a Bubble’

American billionaire Mark Cuban took the bitcoin world by storm when he revealed his interest in the cryptocurrency and the possibility it may be a bubble.


Shark Calls bitcoin Bubble

Mark Cuban is, among other things, an American billionaire, businessman, investor and television personality. He is also known for being one of the main investors on the ABC reality television series, Shark Tank.

Yesterday, Cuban took the bitcoin world by storm when he tweeted about his new-found interest in the digital currency:

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With an extensive resume in the business world and an estimated net worth of 3.4 billion dollars, it’s no wonder that Cuban’s interest in bitcoin has brought confidence to many traditional investors. However, Mark Cuban later tweeted his thoughts regarding a possible bubble in the current BTC price.

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It is impossible to say with certainty if bitcoin is or isn’t in a bubble as signs pointing towards both possibilities are visible. Although the current price has made Cuban see signs of a bubble, he still recognizes the value in bitcoin as a decentralized payment system, stating:

I’m not questioning value. I’m questioning valuation.

Mark Cuban & bitcoin

So why is this important at all? Another person getting into bitcoin isn’t really groundbreaking and Cuban only bought $20 dollars worth in bitcoin to see how it works. 

However, it’s worth noting that Cuban’s visibility as a businessman and as a TV personality can go a long way in expanding Bitcoin’s outreach to traditional investors. Though, the most interesting part is that he wasn’t always a fan of bitcoin.

In a 2014, Mark Cuban told USA Today that despite being “great as an encryption technology,” he didn’t think bitcoin could make it as a global currency, stating:

I think it’s got no shot as a long term digital currency.

This means that bitcoin’s endurance as an immutable and decentralized payment system is starting to pay off,  revealing the true potential of bitcoin as a “long term digital currency.” Not only that, but the value of blockchain technology itself was also underlined in another one of Mark Cuban’s tweets:

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The B-Word

While the focus created by this recent development has been received as a positive for bitcoin, it is also worth noting that the concerns of a possible cryptocurrency bubble are very real. So much so that some publications have even claimed that Cuban’s tweet regarding the possible bitcoin bubble made the price of bitcoin drop.

Price

So, are we in a bubble? Mark Cuban isn’t the only ‘shark’ that believes this to be true.

Vinny Lingham, a South African Internet entrepreneur, co-founder & CEO of Civic, and one of the ‘sharks’ on the Shark Tank South Africa version, has expressed similar thoughts.

When asked if bitcoin is currently in a bubble, he stated:

Yes, but people who called the bubble in 2011 were wrong. It took two years to burst.

Although it’s impossible to point out a bubble with absolute certainty until it pops, one thing is clear: at 3 to 7 transactions per second, bitcoin is nowhere near ready to be adopted by the mainstream as a global digital currency.

If scaling can be achieved, however, there is no telling how high bitcoin can go.

Do you agree with Mark Cuban? Is bitcoin currently in a bubble or is this just the start? Share your forecasts with us in the comment section.


Images courtesy of Shutterstock, Twitter, CNBC

The post Billionaire Mark Cuban Buys $20 in Bitcoin, Says It’s ‘In a Bubble’ appeared first on Bitcoinist.com.