March 20, 2018

Over 16 Million Americans Now Own Cryptocurrency, Survey Finds

Nearly 16.3 million Americans, or 8 percent of the country, own some form of cryptocurrency, according to a new survey by Finder.com, which also found slightly more than 5 percent of Americans owned Bitcoin. If accurate, the results mark an increase from a study the Pew Research Center published in December 2016 that revealed roughly half of Americans had heard of Bitcoin but only 1 percent had traded, collected or used it. WHY ARE PEOPLE HESITANT TO BUY CRYPTO? The survey asked the remaining 92 percent of people why they hadn’t purchased cryptocurrency, finding that 40 percent believe “there is no need or they are disinterested” followed by 35 percent saying “it’s too high risk.” Among the rest of respondents, 27 percent said “it’s too complicated to understand,” 18 percent said “it’s a scam,” 17 percent said “it’s a bubble,” 11 percent said “it’s too […]
March 20, 2018

European Brokerage Adds Cryptocurrency CFDs for 24/7 Trading

Robomarkets, a brokerage that operates in the European markets, has added access to trading CFDs based on cryptocurrencies for its clients. Some of the most popular cryptocurrencies such as bitcoin, bitcoin cash, dash, ethereum, litecoin, and ripple, have been added to the list of available trading instruments. Also Read: Mastercard “Very Happy” to Use Cryptocurrencies, Just Not Real Ones 24/7 Trading Robomarkets offices in Cyprus Robomarkets, a Cyprus Securities and Exchange Commission (CYSEC) registered investment company, has announced that the following CFDs (contracts-for-difference) are now available to its clients: BTC/USD, ETH/USD, BCH/USD, DASH/USD, LTCUSD, and XRP/USD. With a maximum admissible leverage of 1:5, the above-mentioned instruments may be traded on the Metatrader 4, MetaTrader 5 and Webtrader platforms as well as on the company’s own R Trader terminals. In addition to that, the R Trader platform now offers clients with an […]
March 20, 2018

Tough Tokens: Theranos Fraud Holds Harsh Lessons for Crypto

While cryptocurrencies aren’t companies, the Elizabeth Holmes case serves as a reminder you should ignore the charisma of founders.
March 20, 2018

TREZOR Model T Review: The Art of HODLING Refined

Bitcoinist has reviewed the latest  TREZOR Model T Bitcoin and cryptocurrency hardware wallet. Should you get it? Is there a reason to upgrade from the original? Here’s what we uncovered. Meet the TREZOR Model T Satoshi Labs, a Prague-based manufacturer of the oldest and most popular hardware wallet, has finally released its much-anticipated second generation TREZOR, the Model T. Announced in November of last year, the Model T costs around 120 euros, compared to the 89 euro price tag for the original TREZOR One. Unfortunately, the first batches were sold out almost instantly. Therefore, you’ll have to pre-order and subscribe for email notifications to know when it becomes available. The package includes the device, which comes sealed and is about the size of a matchbox, along with a USB-A to USB-C cable, recovery seed cards, user manual, stickers, and even […]
March 20, 2018

14 Thai Banks Back Blockchain Platform to Digitize Contracts

14 Thai Banks Back Blockchain Platform to Digitize Contracts Fourteen Thai banks have joined forces to create the Thailand Blockchain Community Initiative, which will digitize letters of guarantee on a shared blockchain platform, Thailand’s central bank announced on Monday. The country’s top banks – Bangkok Bank, Krung Thai Bank, Siam Commercial Bank and Kasikornbank –… The post 14 Thai Banks Back Blockchain Platform to Digitize Contracts appeared first on Altcoin Today.
March 20, 2018

The Global Attack on Silicon Valley (and the ICO Solution)

What do Google, Amazon, Facebook, Microsoft and Apple have in common? you might say “They’re all tech giants,” but if you live in Europe or China you might have a different answer: “They’re all American.” In the late 90’s and early 2000’s, the tech revolution hatched in America, largely in Silicon Valley, and and proceeded to take over the world in the form of iPhones, ads and social networks. A period of benign neglect meant that these companies were free from government interference, both in the US and abroad. No one realized that a website for teenagers to hookup would end up a center of global power. All that is changing. The world has woken up to the importance of technology, and they no longer want the US to dominate. China is the leader in blocking US tech companies using the […]
March 20, 2018

Ethereum’s ICO Whales Can Crash the Market at Any Time

Crypto whales are generally thought of as wealthy traders with the ability to move markets via a single sell order. Yet the greatest whales of all aren’t traders but ICOs which own millions of ether worth billions of dollars. Over 3% of the total ethereum supply is estimated to be in the hands of ICOs, and when those projects cash out, as periodically happens, the effects can be dramatic. Also read: The ‘Mt Gox Whale’ Explains His Crypto-Selling Strategy Ethereum Is at the Mercy of ICOs Cashing Out On Sunday, while the crypto markets were enduring yet more turmoil, ethereum took a sudden nosedive, going from $516 to $464 in under two hours. Up until then, it had been one of the more stable coins compared to alts still in the experimental stage, which have absorbed the worst of the losses. […]
March 20, 2018

14 Thai Banks Back Blockchain Platform to Digitize Contracts

Fourteen Thai banks will cooperate in the Thailand Blockchain Community Initiative, which will digitize letters of guarantee on a shared blockchain.
March 20, 2018

Trump Orders Sanctions Against Venezuela’s Crypto

Trump Orders Sanctions Against Venezuela’s Crypto Donald Trump has signed an executive order imposing new sanctions against Venezuela for its controversial “petro” cryptocurrency. The U.S. president was previously said to be preparing to sign an executive order imposing additional sanctions on the South American nation for its attempt to bypass existing economic restrictions, McClatchy DC reported on… The post Trump Orders Sanctions Against Venezuela’s Crypto appeared first on Altcoin Today.
March 19, 2018

10 Commandments for Founders

10 Commandments for Founders was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
March 19, 2018

Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK

The UK’s CMC Markets Plc announced it would offer cryptocurrency contracts for difference (CFDs) and spread-betting, accessible at first to professional traders. Though too soon to call a trend, the company is following its rivals into an unsure market increasingly under threat from regulators.      Also read: Since Embracing Bitcoin, Robinhood App Value Jumps to $5.6 Billion More Crypto CFDs Added Due to Demand Grant Foley “With the cryptocurrency market growing rapidly over the past ‎‎12 months,” CMC’s Grant Foley explained, “we have received significant interest from our clients for bitcoin ‎and ethereum CFDs. As a result, we have developed a new offering for this ‎unique digital asset class. We recognise that cryptocurrencies can be ‎regarded as a volatile market, so we are initially only offering trading, on an ‎exclusive basis, to our experienced professional client base.” Based in London, […]
March 19, 2018

What Is BitDegree Cryptocurrency?

Of all the industries that blockchain technology has the potential to disrupt, education seems like one of the least obvious. However, current education systems are not keeping pace with technological developments, leaving students out in the cold. The BitDegree Concept BitDegree’s concept is simple. Technology is outpacing the development of educational courses in traditional educational institutions. Therefore, the company seeks to provide the highest quality courses available to bridge an identified gap between employers’ needs and the current offerings of universities and higher education institutions. BitDegree likes to think of their platform as a merged version of Coursera and HackerRank. How does BitDegree work? BitDegree is designed to not only educate those people wishing to pursue a degree in IT who are barred by an inadequate traditional education system, but also act as a matchmaker of sorts between students and prospective employers. […]
March 19, 2018

Popcoyn social network tailored for cryptocurrency enthusiasts

Popcoyn Social Network Tailored for Cryptocurrency Enthusiasts Popcoyn is a social network tailored for cryptocurrency enthusiasts. It aims at providing a fun and informative environment for crypto fans to engage, learn, and compete. Popcoyn comes with many featues you will not find on any other cryptocurrency services: While on other social networks people share and follow… The post Popcoyn social network tailored for cryptocurrency enthusiasts appeared first on Altcoin Today.
March 19, 2018

Kevin O’Leary Will Launch The First Hotel Asset-Backed ICO

Kevin O’Leary – known for selling SoftKey International for $4 Billion dollars and for appearing on Shark Tank – declared that he’s trying to launch a cryptocurrency coin offering. The… Continue reading “Kevin O’Leary Will Launch The First Hotel Asset-Backed ICO” The post Kevin O’Leary Will Launch The First Hotel Asset-Backed ICO appeared first on .
March 19, 2018

Newly Appointed PBOC Governor Once Called Bitcoin ‘Inspiring’, Praised Its Accessibility

The newly appointed governor of the People’s Bank of China could bring a softer policy toward crypto in the country, having once called Bitcoin “inspiring”. #NEWS
March 19, 2018

Incoming PBoC Governor Has Spoken Positively On Bitcoin

The People’s Bank of China has a new governor, Yi Gang. In the past, Yi has used positive terms to describe bitcoin.
March 19, 2018

Israeli Regulator: Utility Tokens Shouldn’t Be Deemed Securities

The Israel Securities Authority also proposed an ICO sandbox in a recent report now in the hands of the agency’s chair, who will decide how to proceed
March 19, 2018

‘Crypto Hour’ Wants Bitcoin Miners To Switch Off March 24

Crypto hours is a Russian initiative in honor of Earth Hour on March 24 is looking to make the world’s cryptocurrency miners switch off their rigs for an hour. Switching Off For Ecological Awareness As various local news outlets report, the so-called ‘Crypto Hour’ (‘Kripto Chas’) is being organized in order to highlight the ecological impact of mining and encourage the industry to develop more eco-friendly methods of minting coins. The event comes at a time when mining operators continue to seek out cheap electricity to capitalize on the burgeoning global mining trend – sometimes causing conflict in doing so. As Bitcoinist reported, initially successful but now problematic new mining schemes in New York State contrast with the outright hostile reception from local lawmakers across the border in Canada this year. “The aim of the protest is making the Russian […]
March 19, 2018

Ethereum Co-Founder: Saying Cryptocurrency is a Bursted Bubble is “Shortsighted”

Ethereum Co-Founder: Saying Cryptocurrency is a Bursted Bubble is “Shortsighted” The co-founder of ethereum has made the argument that the cryptocurrency market hasn’t burst its bubble following a slump in market prices last week. Speaking to Bloomberg, Joseph Lubin, the co-founder of ethereum, explained that it would be ‘shortsighted’ to say that the market had… The post Ethereum Co-Founder: Saying Cryptocurrency is a Bursted Bubble is “Shortsighted” appeared first on Altcoin Today.
March 19, 2018

Ukraine to Compensate a Citizen in Bitcoin – for ”Moral Damages”

A district court in Kiev Oblast has accepted a lawsuit which is setting a precedent in Ukraine. The plaintiff seeks compensation in bitcoin for “moral damages” caused by law enforcement officials. A preliminary hearing has been scheduled after the presiding judge found no legal grounds to reject the claim. Also read: Lawsuit Challenges Google’s Ban on Crypto Ads in Russia Setting a Precedent For the first time in Ukraine’s judicial practice, a claim for compensation in cryptocurrency has been accepted by a local court. Ukrainian citizen Dmitriy G. wants to be paid 1 BTC for “moral damages” he suffered in result of an “unlawful” search. He is suing officers from Ukraine’s Security Service (SBU) and their colleagues from the Prosecutor’s Office who conducted the operation. Borispolskiy Court’s decision (Forklog) Borispolskiy District Court in Kiev Oblast has agreed to look into […]
March 19, 2018

No More Cooked Blocks – Mainstream Auditors Enter the Fray

PwC enters the scene, but is Blockchain supposed to be audited? #FOLLOW_UP
March 19, 2018

American Startup Promises to Reward Users with Cryptocurrency for Demonstrating Expertise

Knowledge-sharing Blockchain startup could impact digital advertising and education markets #SPONSORED
March 19, 2018

Northern Trust Partners With PwC To Make Real-Time Equity Audits Via Blockchain

Northern Trust asset management company now offers auditors access to private equity data via Blockchain in real time. #NEWS
March 19, 2018

UK Financial Regulator Introduces Global Fintech Sandbox, ‘90%’ Success Rate Domestically

UK financial regulator announces new global fintech sandbox, allows companies to innovate without waiting for regulatory permission to test new products. #NEWS
March 19, 2018

IBM Reveals Blockchain Computer ‘Smaller Than Grain Of Salt’ To Track Objects, Devices

IBM announces miniscule Blockchain computer to track devices, objects. #NEWS
March 19, 2018

Blockchain Platform To Tokenize “Antiquated” Alternative Investments Sector

An established financial services firm says the alternative investment industry is facing a “critical inflection point” and Blockchain is the answer. #SPONSORED
March 19, 2018

Ovato to Revolutionize the Loyalty and Rewards Industry

According to data from CoinSchedule, initial coin offerings (ICOs) have raised almost $3 billion year-to-date, which includes Telegram’s pre-sale that targeted $850 million. It seems that 2018 will become another record year for the ICOs. If you missed the recent crowdfunding events, don’t worry – the most interesting ones are still to come. One of the exciting projects that we want to discuss today is Ovato, a decentralized ecosystem used to create and monitor social media-oriented advertising campaigns. The blockchain-based system will involve merchants, social media influences, and customers. It will revolve around Ovato Coin, with the ticker OVT, which is currently released via a multi-stage ICO. The Ovato Coin will be used for loyalty and rewards programs, charity, and other use cases focused on the merchant-client relationships. The OVT token can enjoy a guaranteed success given that it will […]
March 19, 2018

Blockchain Implementation, ICO for Start-ups, Analytics of Cryptocurrencies: This and More at Blockchain & Bitcoin Conference Germany

On April 4, Berlin will host the Blockchain & Bitcoin Conference on Blockchain technologies, cryptocurrency, and ICO. Key topics Blockchain implementation into business processes Analytics of cryptocurrencies and future forecasts ICO for start-ups and investors Legislation issues Speakers Among the invited speakers there will be such blockchain experts as IBM Cloud representative, international Blockchain Competence Group leader, and the European Centre for Nuclear Research (CERN) representative. René Bostic, the Technical Vice President of Innovation and New Technologies for IBM Cloud, will give a speech on the Advancement of Blockchain Technology: From Concept to Implementation. Being an expert in cloud computing, DevOps and emerging cloud technologies, René will address these topical issues in her presentation. Another invited expert is Dr. Nina-Luisa Siedler, a partner at DWF, a technology-oriented global law firm, and head of the international Blockchain Competence Group. She will speak […]
March 19, 2018

The 2018 Year of Cryptocurrency Challenge – Week 10

At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. I took a break last week due to some prior engagements I had, but two weeks ago was the ninth installment of my year of cryptocurrency challenge. Between conferences, work, and time spent with friends, this has been a busy two weeks for the 2018 year of cryptocurrency challenge. TRY TO SPEAK TO AS MANY PEOPLE ABOUT CRYPTOCURRENCY AS YOU POSSIBLY CAN Recently, the cryptocurrency market has been nothing short of a bloodbath. At the time of writing, ETH was hovering around US$460, and BTC around US$7,500. This is something that crypto veterans are used to (I heard someone at TokenFest say, “Talk to me when it […]
March 19, 2018

IBM Reveals Blockchain Computer ‘Smaller Than Grain Of Salt’ To Track Objects, Devices

IBM Reveals Blockchain Computer ‘Smaller Than Grain Of Salt’ To Track Objects, Devices IBM announced today, March 19 that the world’s smallest computer – its dimensions less than a grain of salt – will use Blockchain technology and soon be “embedded into everyday devices”. In a summary of its annual 5 in 5 report, in… The post IBM Reveals Blockchain Computer ‘Smaller Than Grain Of Salt’ To Track Objects, Devices appeared first on Altcoin Today.
March 19, 2018

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 19

Crypto markets: slight rebound after hitting lows. See what orders to place. #PRICE_ANALYSIS
March 19, 2018

FSB Chairman To G20 Summit In Argentina: ‘Crypto-Assets Do Not Pose Risks’

The central bankers and finance ministers of G20 member nations are meeting today and tomorrow in Buenos Aries to discuss the future of the global economy. Talks will include cryptocurrency and associated regulations.
March 19, 2018

Hong Kong Securities Regulator Shuts Down ICO, Makes Company Issue Refunds

Black Cell’s ICO for the Krops agricultural mobile marketplace has been ordered by Hong Kong securities regulators to halt activities and issue refunds. #NEWS
March 19, 2018

Managing Energy with Robotina: Discover Their Major Projects

Robotina is a European-based company engaged in energy optimization. For over 28 years, it has been applying cutting-edge technology to their projects to make electricity consumption more manageable while reducing… Continue reading “Managing Energy with Robotina: Discover Their Major Projects” The post Managing Energy with Robotina: Discover Their Major Projects appeared first on .
March 19, 2018

President Trump Bans US Citizens from Buying Venezuela’s Petro

The Venezuelan Petro’s alleged astronomical success could be under threat as US President Trump puts plans in process to prohibit American citizens from purchasing the digital currency. It seems as if President Trump has thrown a cog in the apparent billion-dollar machine that is Venezuela’s Petro. According to Bloomberg, the US president issued a prohibition order on Monday banning the country’s citizens from going anywhere near the South American country’s first state-issued virtual currency. To reinforce this, Trump has ordered Treasury Secretary Steven Mnuchin to issue any regulations required to enforce this ban. The Role of the Petro Venezuelan President Nicolás Maduro developed the Petro, which can be purchased through US dollars and euros, as a way to combat the country’s hyperinflation, which is expected to reach 13,000% in 2018. It is also being used as a way to circumvent […]
March 19, 2018

What Is Storj Cryptocurrency?

While peer-to-peer systems offer users a high level of encryption and privacy, these networks have been found to not be feasible for use within production storage systems. As a result, Storj proposes a functional model that addresses performance concerns while implementing a set of federated nodes which promote transparency and overall system usability. At its core, Storj is a cloud storage service which makes use of native tokens to facilitate all internal transactions. These tokens are appropriately called STORJ, and can be used to purchase cloud-based storage space within the platform ecosystem. According to the official whitepaper, the goal of this platform is to foster an environment that promotes faster cloud storage capabilities as well as lowers the utility prices for such digital services. This is mainly achieved through the use of a decentralized cloud server instead of a localized […]
March 19, 2018

PayPal’s Peter Thiel Calls Bitcoin “Digital Gold”

While many politicians and heads of corporations continue to lambast cryptocurrencies, PayPal co-founder and venture capitalist Peter Thiel has backed Bitcoin yet again, calling the virtual currency the future of finance. Thiel has been a vocal proponent of Bitcoin for some time now, and has been advocating the use of cryptocurrencies and blockchain since 2017. In a recent interview, he compared bitcoin to gold bars placed inside a “vault that never moves”. He elaborated by saying that he saw crypto assets as being “value containers” rather than currencies which would be used to facilitate everyday transactions. While speaking at an event held at the Economic Club of New York recently, Thiel added: I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions. There will be one online equivalent […]
March 19, 2018

France’s Central Bank: Keep Financial Institutions Out of Crypto

A report from the Bank of France advocates strict regulations for crypto-assets, including a ban on activity by banks, insurers and trust companies.
March 19, 2018

UK Government Announces New Cryptocurrency Research Effort

The U.K. government will launch new research aimed to explore the potential risks posed by cryptocurrencies, a minister has said.
March 19, 2018

76% of This Year’s ICOs Are Already Under Water

2018 has been a tough year for the cryptocurrency markets, and crowdsales have borne the brunt of it. ICOs launching in the first quarter of this year have struggled to turn a profit, with the majority of exchange listed tokens trading at a loss, both in USD and ETH terms. As a consequence, pre-sales provide the only means of turning a profit – and even that’s a long shot. Also read: Many Token Crowdsales No Longer That Open to the Crowds 76% of ICOs Are in the Red At MIT Bitcoin Expo on Saturday, Christian Catalini claimed that “40% to 50% of ICOs are currently underwater – trading at a price lower than the initial offering price”. Having examined the data for 2018, using Tokendata and ICO Stats, news.Bitcoin.com can confirm this to be a reasonable estimate. In fact, 76% of […]
March 19, 2018

Bitcoin Price Watch: Another Jump Despite Clashing Factors

Bitcoin has enjoyed a small jump following yesterday’s monthly low. At press time, the coin is trading for just over $8,300 following a rough stint that saw it meandering at the $7,600 mark during the early hours of March 18. For every factor contributing to bitcoin’s rise, there seems to be one knocking it back. Originally hovering at around $8,500 during the morning of March 19, bitcoin’s price fell to its current spot after President Donald Trump announced that he was banning American residents from purchasing or trading Venezuela’s cryptocurrency the “petro.” While allegedly created to assist in the country’s ailing economy by President Nicolas Maduro, the coin has no doubt caused its fair share of controversy following its official introduction last February. The currency was the object of several private auctions, which according to a Tweet later posted by […]
March 19, 2018

The Dot-Com Bubble Still Dwarfs the Cryptocurrency ‘Bubble’

Initial Coin Offerings (ICOs) are a hot topic in the cryptocurrency space, where both massive profits and fraudulent scams abound — but is there really a bubble forming? Weighing the Pros and Cons While the cryptocurrency market houses no shortage of controversy, Initial Coin Offerings might take the cake. On one hand, ICOs allow regular people to access the venture capital space previously reserved for only those with big pockets, while providing near instantaneous liquidity. On the other, analysis published by Ernst & Young recently claimed that 10 percent of all funds raised through ICOs were lost or stolen — and many ICOs which actually try are simply laughable. Dr Garrick Hileman, a research associate at the University of Cambridge and who is running a $25 million ICO in his capacity as co-founder of blockchain start-up Mosaic, told The Telegraph: There are […]
March 19, 2018

What Is Claritas?

Convenient solutions for cryptocurrency asset owners are not all that easy to come by these days. Claritas wants to make a big impact in this regard, as its solution focuses on letting users view their holdings, gains and losses. The platform also has proper tax accounting features, which will certainly be of great interest to customers in the United States. What is Claritas Exactly? Even though most cryptocurrency enthusiasts do not like the idea of paying capital gains taxes on their holdings, it is difficult to escape that prospect in the United States. As such, proper tax accounting solutions are in rather high demand right now. Claritas wants to offer users clarity, trust, ease, and elegance. It is certainly a software solution to keep an eye on moving forward. The Features to Note While there are quite a few different tax filing […]
March 19, 2018

Coca-Cola Partners with the US State Department to Use the Blockchain to Fight Forced Labour

Coca-Cola is teaming up with the U.S. State Department and two other companies to use the blockchain to tackle the use of forced labour worldwide. In a report from Reuters, nearly 25 million people work in forced labour conditions around the world, with 47 percent of them residing in the Asia-Pacific region, according to figures from the International Labour Organisation. As a result, companies find themselves under pressure to tackle the issue of forced labour in countries where they obtain sugarcane. KnowTheChain (KTC), a partnership founded by U.S.-based Humanity United, released a study last year that showed many food and beverage firms aren’t doing enough to solve this problem. One of the top 10 companies looked at by KTC was Coca-Cola. It has reportedly said it has agreed to conduct 28 country-level studies on child labor, forced labor, and land rights […]
March 19, 2018

Trump Signs Executive Order Banning Venezuela’s Petro Cryptocurrency

U.S. president Donald Trump has signed an executive order banning American citizens from using Venezuelan cryptocurrencies. In effect, this means that the petro, recently launched by Venezuelan president Nicolas Maduro, is now illegal in the U.S. The controversial cryptocurrency was widely seen as a means to evade economic sanctions imposed by the U.S. The executive order is the latest move by the Trump administration to cut off Maduro’s funding, and is the first time the U.S. president has been officially linked with cryptocurrency. Also read: Venezuela Picks FX Platform to Auction Petro ‘Oil-Backed Cryptocurrency’ U.S Vetoes the Petro “I, DONALD J. TRUMP, President of the United States of America, in order to take additional steps with respect to the national emergency declared in Executive Order 13692 of March 8, 2015, and relied upon for additional steps taken in Executive Order 13808 […]
March 19, 2018

Morgan Stanley: Bitcoin’s Price Story Is ‘Nasdaq 15 Times Faster’

Morgan Stanley: Bitcoin is doing what the Nasdaq did, just at 15x the speed. #NEWS
March 19, 2018

Trump Bans Venezuelan Petro Cryptocurrency

On Monday, President Trump signed an executive order prohibiting American usage of or investment in the petro.
March 19, 2018

Japan’s FSA Hosted Blockchain Roundtable For Central Banks, Regulators

Japan’s Financial Services Agency has hosted a closed-door meeting between financial authorities and blockchain stakeholders from around the globe. Attendees discussed issues relating to security, consumer protection, and more.
March 19, 2018

Twitter Will Ban Advertisements For ICOs, Cryptocurrency Wallets

According to reports, Twitter will soon revise its policies to prohibit advertisements for cryptocurrency wallet providers and initial coin offerings (ICOs).
March 19, 2018

5 Things You Need to Know about ICOs (from the SEC)

Companies and individuals are increasingly considering initial coin offerings (ICOs) as a way to raise capital or participate in investment opportunities.  While these digital assets and the technology behind them may present a new and efficient means for carrying out financial transactions, they also bring increased risk of fraud and manipulation because the markets for […] The post 5 Things You Need to Know about ICOs (from the SEC) appeared first on Blockchain Beach | Blockchain News and Events.
March 19, 2018

Trump Orders New Sanctions Against Venezuela’s National Cryptocurrency

A report Monday indicated that US President Trump might sanction Venezuela and its petro token.
March 19, 2018

Stellar Goes In On Lightning with 2018 Launch Target

Stellar isn’t so far behind bitcoin in absorbing a faster and cheaper layer touted as the future of cryptocurrency payments.
March 19, 2018

US Trade Regulator Launches Blockchain Working Group

The Federal Trade Commission has formed a working group to examine the ways in which blockchain and cryptocurrencies will affect its missions.
March 19, 2018

Blockchain-based ERC20 Token Creation and Trading Platform WandX Releases Decentralized Exchange

The buyers of cryptocurrencies are increasingly vexed with the question of how to ensure that pure speculation does not negatively affect the price of the asset that they are buying. WandX establishes an infrastructure for decentralized creation and trading of ERC20 Tokens built on the Ethereum blockchain. The application allows users to create combinations of ERC20 Tokens (a Basket of Tokens) and trade the Basket by way of a single transaction. The platform has recently released the first version of decentralized exchange at exchange.wandx.co., as planned and mentioned in the WandX roadmap on its website. WandX Decentralized Exchange The Decentralized Exchange released recently by WandX is a great enhancement to the platform’s functionality, allowing the users to trade ERC20 tokens in a completely decentralized way. Moreover, users can create Token baskets like “Decentralized Identity Tokens” or “Decentralized Exchange Tokens” and […]
March 19, 2018

Hacked Exchange Coincheck Drops Three Anonymity-Focused Coins After FSA Inspection

Hacked Exchange Coincheck Drops Three Anonymity-Focused Coins After FSA Inspection Japanese crypto exchange Coincheck will stop handling anonymity-centered cryptocurrencies Monero, Dash, and ZCash in the aftermath of the major January hack when $534 mln worth of NEM was stolen from the exchange, Cointelegraph Japan reported today, March 17. The three anonymous currencies will reportedly be bought by Coincheck from customers at a fixed price. The Japan Times added that Coincheck… The post Hacked Exchange Coincheck Drops Three Anonymity-Focused Coins After FSA Inspection appeared first on Altcoin Today.
March 19, 2018

Israeli Crypto Companies Banned From Stock Exchange Indices

In a bid to reduce systemic risk, the Israel Securities Authority has announced that it will not include companies operating in the cryptocurrency industry will not be included in the country’s stock exchange indices. News of the determination has been published alongside a public warning issued that seeks to inform prospective investors of the risks associated with cryptocurrency exposure. Also Read: US State Exempts Cryptocurrencies From Property Taxes  Israeli Cryptocurrency Companies Banned From Listing on Stock Exchange Indices Israel’s financial regulator, the Israel Securities Authority (ISA), has announced that companies primarily operating in the cryptocurrency sector will not be included in stock exchange indices. According to a rough translation, ISA Chairperson, Ms. Anat Gueta, stated “We decided to avoid exposure to passive investors for companies whose operations are mainly in [crypto]currencies,” adding “These are companies in which the investment is high […]
March 19, 2018

BCH Markets & Infrastructure Roundup: Optimism in the Air

This week bitcoin cash (BCH) prices touched a low of $850 per coin, after following suit with the majority of other digital assets taking losses over the past five days. The price started to reverse yesterday evening and has climbed 11 percent in value touching $992 during the March 19 afternoon trading sessions (EDT). Also Read: Wirex to Launch Cryptocurrency Debit Cards in Asia During Q2 2018 Bitcoin Cash Markets Show Some Recovery Bitcoin cash markets are looking better on Monday, March 19, as the price has lifted from its $850 dip back towards the $1K zone. BCH global trade volume has increased since the weekend, as it commands $449Mn in global trade volume over the past 24-hours. Bitcoin cash markets also hold the sixth highest trade volumes today just under litecoin and ripple. The top exchanges trading the most […]
March 19, 2018

How to choose a Bitcoin Casino

Those who follow Bitcoin closely will be aware of the huge growth in online casinos switching to cryptocurrency. Getting money in and out of a traditional online casino account can be a slow and painful process which is why more and more gamblers are turning to Bitcoin. If you are looking to make the jump to a Bitcoin Casino these four criteria provide a good basis for your choice: Disclosure: This is a Sponsored Article Is it well established? Does it offer a broad range of games? Does it cater to both high and low stake players? Does it offer an attractive Welcome Bonus? On all four counts, Cloudbet should be at the top of any list. Cloudbet the grand-daddy of Bitcoin Casinos Five years is an eternity in the crypto universe, but that is how long the Cloudbet Casino […]
March 19, 2018

PR: Why Artificial Intelligence Is Making Day Trading Obsolete, Research Revealed by OpenBlock

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Research over the last two years have shown that digital currencies have become a source of high marginal returns considering its ample trading opportunity and skyrocketing prices. Consequently, it allows individual traders to take advantage of multiple aspects of digital currencies often without the knowledge of the pitfalls of trading, such as high volatility that leads to major price swings. Trading cryptocurrencies has always been a risky endeavor considering the opaque background of various coins, a trader must know the complexities of trading and the understand of a rapidly growing cryptocurrency landscape. Considering the fact […]
March 19, 2018

How Nano and Telegram are Championing Ongoing Development

2018 is going to be a year of seismic change for the cryptocurrency community, just like 2017. But while 2017 mostly saw explosive growth, from the rise of ICOs to mainstream news coverage of Bitcoin to the soaring values of other prominent cryptocurrencies such as Ethereum and Ripple, 2018 is likely to show the cryptocurrency world less exuberant, unrestrained growth and more thoughtful industry development. The looming specter of promised SEC regulation, the predicted “pop” (or currently occurring “pop,” depending on who you ask) of the cryptocurrency value bubble, and the entry of more and more investors, innovators, and participants from outside 2017’s niche cryptocurrency circle are all factors fundamentally changing the cryptocurrency world. But not necessarily for the worse. Some companies are leading the way forward and showing how the cryptocurrency world will continue to evolve in 2018. More […]
March 19, 2018

19/03/2018: Biggest Stories in the Cryptosphere

19/03/2018: Biggest Stories in the Cryptosphere was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
March 19, 2018

Financial Analysts Say Investors Should Only Invest in Bitcoin ‘For Fun’

Financial advisors appear to be siding with Warren Buffett and are saying that investors shouldn’t be putting their hard-earned money into bitcoin. In a report from CNBC, Buffett has voiced his opinion about the cryptocurrency market, claiming that the craze with it won’t end well. Not shy to express his feelings, the chair of the multinational conglomerate said: In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending. However, Buffett is not the only one to express this view. According to Ron Carson, founder and CEO of Carson Wealth Management Group, bitcoin and the digital currency market is the ‘wild, wild west,’ adding that: Trying to pick a cryptocurrency today is a fool’s game. Unless you’re in gambling mode, I wouldn’t put any money into cryptocurrency right now. Whereas, Cathy Curtis, founder and […]
March 19, 2018

PwC Unveils New Blockchain Auditing Service for Its Clients

Blockchain technology can be used for many purposes. Unsurprisingly, a lot of companies are working on products which are far from production-ready. PricewaterhouseCoopers wants to audit companies’ use of the blockchain to ensure it is being used properly. Moreover, it will let company staffers monitor their internal blockchain transactions. An Interesting Venture for PwC With so many companies claiming to focus on blockchain technology right now, one would expect more working products to have come to market. So far, that has not happened, which raises a lot of interesting questions. Since most of these companies remain tight-lipped about their blockchain ventures, it is evident something will need to change sooner rather than later. PricewaterhouseCoopers may have the solution people have been looking for all along. More specifically, the company has come up with a new product which offers an outside look at […]
March 19, 2018

Waves African Exchange chooses Civic Technologies for KYC

Waves African Exchange Pty Ltd, a fiat gateway solution for South African Rand on the Waves Platform blockchain decentralized exchange (DEX), today announced a strategic partnership with Civic Technologies… Waves African Exchange chooses Civic Technologies for KYC
March 19, 2018

Bitmex Research: New Data Points to Noble Being Tether’s Primary Reserve Bank

One of the biggest mysteries in the cryptocurrency world at the moment is the location of the vast USD reserves meant to be backing Tether. The stablecoin is used by many exchanges as a proxy for fiat in trading pairs which makes its solvency a critical issue at the heart of the entire ecosystem. Now, new research indicates that we might be getting closer to getting answers about the operation of USTD. Also Read: US State Exempts Cryptocurrencies From Property Taxes Tether’s Primary Reserve Bank Found? Bitmex Research has released an update today to its deep investigation into Tether from last month. It shows that newly released data from Puerto Rico supports the speculation that Noble International Bank could be Tether’s primary reserve bank and that the island is a major hub for cryptocurrency business. The Commissioner of Financial Institutions […]
March 19, 2018

Venezuela Has Another New Currency Issued by the City of Eloza

Things continue to get very interesting in Venezuela as of right now. While the country has its own national cryptocurrency, not everyone will benefit from this currency. The Western town of Elorza is now issuing its own paper currency as a result. A rather remarkable decision, although it is evident this sets a very peculiar precedent as well. It is not exactly common for cities to issue their own paper currency. While this has happened before, making it legal tender is a different thing entirely. Venezuela has a massive shortage of banknotes as of right now. This makes the decision by the town of Elorza all the more unusual. Issuing a town-wide paper currency at such a critical time seems to be counterproductive in every way imaginable. Another new Currency in Venezuela According to the Elorza people, this decision makes […]
March 19, 2018

DIW receives a favourable audit from Ambisafe Inc just before the end of its Pre-ICO

DIW is a decentralized infrastructure enabling its account holders to safeguard their virtual life while accessing a series of DApps via its network. The doorway to the network is a blockchain-based highly secure digital vault able to hold, maintain and selectively share important, sensitive, personal or corporate digital data including but not limited to Identification documents, Login Details as well as financial details and documentation. Disclosure: This is a Sponsored Article Currently at its Pre-ICO, the early stage of its official crowdfunding, DIW accepts contributions from interested individuals to collect the funds necessary for the actualization of its project. To do so, they are requested to visit DIWtoken.com and follow the instructions provided. The DIW Frenzy and Responsibility DIW has had a highly successful run ever since the announcement of its project to the public, having received favourable comments and high ratings throughout, from industry experts, […]
March 19, 2018

FSB Chair Carney Says Cryptocurrencies Don’t Pose Risk to Global Financial Stability

The financial watchdog, which regulates the G20 nations, has written a letter to central bank governors and finance ministers, stating that cryptocurrencies don’t pose a risk to global financial stability. The Financial Stability Board (FSB), chaired by Mark Carney, the Governor of the Bank of England, said: The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time. This is in part because they are small relative to the financial system. Carney went on to say that even with market prices peaking in December, the combined global cryptocurrency market was less than one percent of global GDP. He added: In comparison, just prior to the global financial crisis, the notional value of credit default swaps was 100 percent of global GDP. Their small size, and the fact that they are not substitutes for currency […]
March 19, 2018

Cheddar TV Announces New Weekly Cryptocurrency-Themed Show

Cryptocurrency has made quite a few appearances on various TV shows over the years. Most of those “guest roles” have not shed any positive light on cryptocurrency in the slightest, which is not a big surprise. Cheddar, a web TV network based in the US, is now airing its “Crypto Craze” show every Thursday. The Crypto Craze TV Show As the name somewhat suggests, Cheddar’s new TV show is all about cryptocurrency. The weekly show will focus on cryptocurrency trading, which always makes for some interesting discussions. Given the volatility of cryptocurrency markets these days, not a day goes by without major price swings in either direction. As such, discussing these movements on a weekly TV show simply makes a lot of sense. It seems the show itself will cover a wide range of topics, including trading strategies and technology breakdowns. There is a lot to […]
March 19, 2018

Coincheck Removes Monero, Dash, and Zcash Due to “Risks”

More interesting developments are happening in the world of cryptocurrency. Coincheck has made a lot of major headlines in the past few months. The company was recently hacked and is now dropping support for anonymity-oriented currencies altogether. It’s a rather surprising development, although one that is easily justified. More Coincheck Developments The main reason people are focused on the Coincheck exchange right now is its recent hack. Around 500 million NEM was stolen from the company, and the hackers have seemingly vanished without a trace. Rumor has it that some of this stolen money has been laundered through various means, including darknet markets. Whether or not that is correct remains to be determined at this stage. Even so, the exchange will begin reimbursing customers out of its own pocket very soon. This does not mean the stolen money has been recovered, as there […]