The free ride of the regulation-free ICO market is quickly screeching to a halt. Regulators are coming to grips with blockchain tokens, and they are beginning to ICO in 2018: The Challenges of Complying with Securities Laws was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
A statement released on Sunday by the ‘standing committee for awareness on dealing in unauthorized securities activities in the foreign exchange market’, warned against trading cryptocurrencies within the Saudi Arabian… Continue reading “Trading In Cryptocurrencies Is Illegal, Saudi Arabia Warns Citizens” The post Trading In Cryptocurrencies Is Illegal, Saudi Arabia Warns Citizens appeared first on UseTheBitcoin.
Crypto exchange Binance is launching a fiat-to-crypto trading platform in Liechtenstein and you can find the details about the joint venture with LCX in The Daily. We’ve also got reports about ZB.com opening a new office in Malta, Coinsilium investing in crypto trading platform Bundle, and the rebranding of the Toshi crypto wallet as Coinbase Wallet. Also read: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID Binance LCX Launches Fiat-to-Crypto Exchange in Liechtenstein Binance, the largest cryptocurrency exchange by volume, has announced it’s launching a fiat-to-crypto trading platform in Liechtenstein through a joint venture with LCX. Binance LCX plans to build up a team of up to 15 professionals for its Liechtenstein office that will manage customer support, legal requirements, due diligence, KYC, AML and government communication, while the team at Binance will provide and maintain […]
Ethereum is pausing from its slide as it tests support at the bottom of the descending channel on the 4-hour time frame. Applying the Fibonacci retracement tool shows how high price could pull up from here. The 61.8% level lines up with the descending channel resistance around $400 and might be the line in the sand for the downtrend. It is also in line with the 200 SMA dynamic inflection point. The 100 SMA is below this longer-term 200 SMA to show that the path of least resistance is to the downside or that the selloff is more likely to resume than to reverse. In addition, the gap between the two is widening to reflect stronger selling pressure. The 100 SMA is just close by and might serve as dynamic resistance in a shallow pullback. The nearest Fib is at […]
UK cryptocurrency derivatives exchange today announced it is launching a Bitcoin Cash (BCH/USD) Futures contract. The new contract is launching today at 3 pm UTC. Crypto Facilities also has on its books the recently… Crypto Facilities launching inverse Bitcoin Cash (BCH/USD) Futures
Hedera Hashgraph, a distributed public ledger that enables anyone to easily develop globally decentralized applications confirmed that its token sale announced at the beginning of the month has ended, with the hard cap of $20 million… Hedera Hashgraph successfully closes token sale as it reaches hardcap
Despite the sluggish price, the world’s most popular cryptocurrency has been settling more transaction volume than gold since Q2 2017. Bitcoin Showing More Utility Than Gold Bitcoin 00 is on track to clear more transaction volume than the global gold markets. Bitcoin has been clearing more tx volume than global gold markets since early 2017. BTC: on pace to process $1.1 trillion in 2018 transactionsGold: on pace to process $0.4 trillion in 2018 transactions Sources: https://t.co/eVqQiq56gv for BTChttps://t.co/zqh4eykqNb for Gold pic.twitter.com/oc5piRvrXE — Kevin Rooke (@kerooke) August 15, 2018 Interestingly enough, though, this is not a one-off event – it has been happening consistently since the second quarter of 2017 after the world’s first cryptocurrency hit ‘parity’ with the price of an ounce of gold in spring of last year. It’s also worth noting that despite the serious hit Bitcoin took in 2018, […]
With the growth of cryptocurrency and blockchain technology that gives way to decentralisation, various industries have been prompt to notice how well it can benefit their sector. Marketing is one… Continue reading “How Blockchain Impacts Your Digital Marketing Career” The post How Blockchain Impacts Your Digital Marketing Career appeared first on UseTheBitcoin.
Desktop bitcoin and cryptocurrency wallet Exodus has finally added support for Ripple (XRP) today. The team reported also adding TrueUSD (TUSD), a stablecoin for sending, receiving, and exchanging. Another important system update allows users running… Exodus wallet finally adds support for Ripple (XRP), begins auto-updates
As part of what some observers are calling a purge of alternative coins during the cryptocurrency bear market, Hong Kong-based exchange Okex announced they would be delisting and hiding certain token pairs, more than two dozen in total. It comes at time when the exchange is dealing with its own internal problems in a year, so far, of hectic change and challenges. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Altcoin Purges Beginning as Okex Delists 28 Pairs “To maintain a healthy trading environment and pleasant trading experience on OKEX,” the exchange posted on its blog, “our auditing team has carried out comprehensive monitoring on the market and projects. We discovered that some projects have met the token delisting/hiding thresholds stated in the OKEX Token Delisting / Hiding Guideline.” Okex was careful to note tokens will be delisted “12:00 […]
Bitcoin could be done with its downtrend as it forms a classic reversal pattern on its 1-hour time frame. Price is completing the right side of its inverse head and shoulders pattern and is about to test the neckline around $6,600. A break past this resistance could lead to a rally of around $800 or the same height as the chart formation. The 100 SMA has just crossed above the longer-term 200 SMA to signal that the path of least resistance is to the upside. In other words, there’s a strong chance for the uptrend to gain traction from here. RSI is also on the move up so Bitcoin could follow suit. Stochastic is also heading higher to indicate that bullish pressure is in play. However, both oscillators are nearing overbought levels to indicate that buyers are getting exhausted and […]
Chinese exchange Huobi and its partners are launching cryptocurrency exchanges in five regions: the Philippines, Russia, Taiwan, Indonesia, and Canada. Partners “share Huobi’s order integration system, wallet system, asset management and clearing systems.” The exchange in Manila has launched with trading in three markets with over 40 trading pairs. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Five Partners, Five New Exchanges Chinese digital asset and service provider Huobi has announced that it has chosen five partners to launch cryptocurrency exchanges in five regions. Huobi is one of the world’s largest cryptocurrency exchanges, with a 24-hour trading volume of $915,183,234 at the time of this writing, according to Coinmarketcap. With offices in Singapore, the U.S., Japan, South Korea, Hong Kong, Thailand, and Australia, Huobi claims to serve millions of users in over 130 countries. The five partners are Yatai International […]
Yet another blockchain investment fund is set to launch in South Korea. Messaging giant Line furthers its foray into the field of cryptocurrencies and is dedicated to streamlining early-stage startup investments with a $10 million fund. Additionally, the company announced the successful listing of TRON to its cryptocurrency exchange. South Korea Sees Serious Investments in Blockchain Line, the Japanese messaging company harboring over 200 million users announced August 15, that is set to launch a $10 million investment fund through its Korea-based blockchain subsidiary Unblock Corporation. With this initiative, LINE will become one of the very first publicly traded companies to formalize investments in tokens through a dedicated corporate fund. The fund aims to “boost the development and adoption of cryptocurrencies and blockchain technology.” Furthermore, the announcement also made it clear that the fund is “expected to expand in the […]
Falling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. Many of them involve cryptocurrency trading which is supposed to be banned in the People’s Republic, or is it? Also read: Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume Over 270 Court Cases Related To Cryptocurrency Chinese courts have been challenged to resolve hundreds of crypto-related disputes whose number has increased significantly with the drop in cryptocurrency prices in recent months, local media revealed. The government-imposed crypto ban is ambiguous and it turns out restrictions in the People’s Republic are sometimes implemented without an official mandate. According to data released by the Chinese judiciary, as of the first week of August there were 274 pending legal cases […]
Bitcoin, while becoming more widely known and a little better understood among the general public, is still considered suspicious among rank and file security folk such as customs and airport agents. Security expert Matt Mitchell warns enthusiasts might want to cover up when it comes to stickers and other social advertisements announcing their crypto love. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Bitcoin Stickers Might Get You Heat “Conferences, border crossing, airports, public places,” Tactical Tech’s director of digital safety, Matt Mitchell explained to Motherboard, “stickers will/can get you targeted for opposition research, industrial espionage, legal or investigative scrutiny.” Enthusiastic Bitcoiners who travel know this all too well, and it has been going on for years in various forms. Indeed, back in 2014, well known ecosystem personality Davi Barker of Bitcoin Not Bombs, had a bizarre encounter with […]
Kuwait Finance House (KFH) has released a video on YouTube that’s generating a lot of buzz about its latest cross-border transaction powered by Ripple blockchain technology. Kuwait Finance House (KFH) is establishing the first blockchain-powered transaction system in the country. A series of questions arose when the formation of this system was announced. Out of them, the most crucial one was: “what is the technology they are using for the completion and development of the system?” The answer has now been revealed as the KFH has itself confirmed that they are using Ripple’s cross-border solutions to complete the blockchain-based transaction. What’s The Buzz All About? Kuwait Finance House (KFH) revealed the news through a two and a half minute commercial. The video is originally in the Arabic language, but as soon as it got released, the users of the /r/Ripple subreddit were so […]
Hong Kong, 17 August 2018 — ExCraft (www.excraft.com), a cloud-native cryptocurrency exchange based in Hong Kong that implements a DAO governance ran by the users and pools, was launched today. ExCraft stands out by being a community and pool focused exchange, rewarding traders through a combination of “Proof of Existence” (PoE) and “Proof of Stake” (PoS) mechanisms, allowing power-users to create pools, vote for new project listings, and even create dedicated pool exchanges based on its immutable and fair PoE and PoS meritocracy. The first DAO-based exchange — “ExCraft, Craft Your Own Exchange!” ExCraft introduces the first decentralized autonomous organization exchange managed based on a single or pooled user trade volume meritocratic Proof of Existence voting system. Verified KYC (Know Your Customer) users will be able to vote on listing new projects to be sponsored in the exchange. The ExCraft community values all users […]
PayPal has come in for fresh criticism as commentators renew claims the company has all but failed in its mission to transform money usage. PayPal Slips Up In Turkey In an interview with the Wall Street Journal earlier this year, CFO John Rainey had admitted Bitcoin and cryptocurrency could become “as popular as payments” in future. Now, amid reports of fresh account freezes in order to bend to regulatory demands in some jurisdictions, cryptocurrency industry figures are more skeptical than ever of the company whose original remit was to break down borders associated with payments and give consumers borderless freedom. “PayPal’s original vision was to prevent governments from doing exactly this,” Messari CEO Dan McArdle tweeted August 14 in response to PayPal’s admission it had blocked access to customers from Turkey. That decision, coming as Turkey introduces economic measures to […]
According to an executive at Ripple, the distributed payments service provider has its eye on expanding operations into the Chinese market. Jeremy Light, Ripple’s vice president of European Union strategic accounts, spoke with CNBC by phone yesterday, during which time he confirmed the company’s interest in expanding into China. According to Light, Ripple is looking closely at China as part of an ongoing effort to streamline and speed up international payments using its distributed ledger technology (DLT). “China is definitely a country and region of interest,” he said. In February of this year, Ripple began making inroads into the Chinese market by entering into a partnership with Hong Kong-based LianLian International. The financial services company planned to utilize Ripple’s technology to facilitate faster and cheaper cross-border transactions to its customers in China, the US, and Europe. Even with its latest […]
Recently I have been conversing with a friend living in Bosnia, an elderly man for whom advance age has afforded flexibility of mind — unlike as with many of his contemporaries who’ve become closed and set in their ways. He and I thus share the excitement of the changes in the world possible through cryptocurrency. Goran survived […] The post Bitcoin was My Only Way To Send Money to a Cancer Survivor appeared first on Blockchain Beach | Blockchain News and Events.
This week the developers of the NFC-enabled Bitcoin Cash (BCH) wallet, Handcash, have announced the launch of a new companion application called ‘Handcash Pop.’ The Pop platform provides Handcash users with a point-of-sale (PoS) platform that is tethered to their wallet’s handle so merchants can easily make payment requests for bitcoin cash. Also read: Bitangels Co-Founder Sues AT&T for $224 Million Over Cryptocurrency Hack Start Accepting Bitcoin Cash With the Handcash Pop Application This past February news.Bitcoin.com reported on the BCH wallet called Handcash which launched its beta client for Android mobile phones. Since then the project has seen a lot of development, a revamped user interface, and this past May the blockchain research and development firm, Nchain, announced the acquisition of a majority stake in Handcash. The Handcash development team plans to release the wallet’s iOS version this month and […]
Ethereum Classic (ETC) is the second best performing digital currency in the last 24 hours second only to VeChain according to CoinMarketCap. The price pumps as the cryptocurrency expects to be made available on the mobile app of Coinbase later today. The Pump is Real Coinbase announced August 15 that it would be making Ethereum Classic (ETC) available for trading on its mobile app. Starting at 5pm PT tomorrow, Coinbase Consumer customers will be able to buy, sell, store and use Ethereum Classic (ETC) on https://t.co/pl8Hu0qDiW and through the mobile app. pic.twitter.com/Qd7KgYpE0y — Coinbase (@coinbase) August 15, 2018 Not surprisingly, the price has reacted, as it’s typical for digital currencies which get listed on the largest US-based cryptocurrency exchange. At press time, Ethereum Classic is trading at $14.00, which represents an increase of almost 15 percent in the last 24 hours […]
Equi Capital’s ICO has ended in acrimony, with bounty hunters claiming to have been offered a pittance of what they were promised. The project is led by Baroness Michelle Mone, who describes herself as “one of the United Kingdom’s most celebrated entrepreneurs”. The fallout sheds light on the plight of low income workers who toil on behalf of cryptocurrency arrivistes such as Equi Capital’s celebrity co-founder. Also read: Thanks to Mainstream Media the Public Clueless About Cryptocurrency Lady Mone, Equi Capital, and the ICO That Never Was Lady Mone of Mayfair OBE, as she likes to be known, is a familiar face in the UK, popping up at black-tie events and charging up to $30,000 for public speaking. (OBE stands for Officer of the Most Excellent Order of the British Empire, an award she was given by then-Prime Minister David […]
A couple of weeks ago the Winklevoss brothers were shot down by the SEC which was not only a major loss for them but for the entire crypto community. However, as some… Continue reading “Winklesvosses Say Wall Street Adoption To Come; But Still Some Time” The post Winklesvosses Say Wall Street Adoption To Come; But Still Some Time appeared first on UseTheBitcoin.
Despite the fact that the entire cryptocurrency market has declined substantially since the start of 2018, specialized hedge funds are being launched at a record pace. Now, the company behind one of the first blockchain exchange-traded funds (ETFs) is set to launch a $100 million cryptocurrency hedge fund. Getting Serious Reality Shares – an asset managing company which is mostly known for being the owner of one of the first blockchain ETFs is reportedly set to launch a $100 million cryptocurrency hedge fund. Citing a person familiar with the firm, Business Insider reports that the company has already managed to get a commitment for $25 million. The fund will purportedly be a mix of a venture, directional strategies, and arbitrage. Interestingly enough, the California-based company saw its total assets under management spike after its ETF began trading in January this […]
Cryptocurrency investment stalwart Pantera Capital has raised over $70 million for a new venture fund which could become its biggest yet if it raises its intended goal. An Order Of Magnitude Larger An SEC filing issued August 15 confirms 90 investors have contributed $71,500,000 to the new project, with partner Paul Veradittakit telling TechCrunch as much as $175 million could ultimately flow in. According to Veradittakit, the figures are a “function of how fast the space is moving, the talent coming in, the opportunities, and the sizing of rounds.” $175 million would make Pantera’s third fund considerably larger than its first and second, which raised $13 million and $25 million respectively. “With more interesting later-stage investments [on our radar], too, we want to be flexible and able to move with the market,” he added. Price Woes Fail To Put New […]
Last night, Vitalik Buterin shot off a 75-message tweet storm summarizing the history of Casper, saving blockchain nerds and amateurs everywhere hours of frustrated Googling and inaccurate reddit commenting.
Pantera Capital, one of the largest US-based institutional holders of cryptocurrencies, has already raised more than $70 million for its third crypto fund. And the first investment by Pantera Venture Fund III went to Intercontinental Exchange’s Bakkt. Also Read: The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID $175 Million Crypto Venture Fund Pantera Capital, a Menlo Park, California based cryptocurrency investment fund, is reportedly looking to raise up to $175 million for its third venture fund. This will make Pantera Venture Fund III much bigger than its predecessors, which were closed at just $25 million and $13 million respectively. And SEC filings show the firm already got $71,445,000 in capital commitments from ninety investors. Pantera partner Paul Veradittakit told Techcrunch that this figure is just a “first close,” and explained that the much larger target […]
The producers of Crypto, Hollywood’s first big-budget cryptocurrency movie, recently gave a preview of the film that stars Kurt Russell. One thing that Hollywood is known for is grabbing what is exciting and new and make some movies about it. This happened back in the 1960s with the space race, and the 1980s featured a ton of movies about breakdancing. Now it’s Bitcoin’s turn as a cryptocurrency movie is being made called Crypto, and its producers recently gave a small preview. Cryptocurrency Goes Hollywood Crypto is currently in post-production, and producers Jordan Yale Levine and Jordan Beckerman talked to Inverse about the film. The movie is basically a cryptocurrency thriller that stars Kurt Russell, Alexis Bledel, Luke Hemsworth, and Beau Knapp. The basic rundown of the movie is: Dubbed a thriller in the vein of The Firm and The Girl […]
With web trading becoming more complex by the day, traders find it difficult to decide which trade will reduce loss and maximize profit. At least, until now. Leading Forex and Cryptocurrency CFD broker SimpleFx just added a new trade calculator to its BETA web trader platform (app.simplefx.com). The new calculator allows traders to simulate trades with varied leverages before they trade, says SimpleFX, which in turn, cuts down on risk. “Making trading easier is what SimpleFX is all about,” says the SimpleFX team. “This new calculator will save time, reduce risk, and maximize profit for our traders,” they said. SimpleFX, they point out, requires no minimum deposits, allows trading 24/7, and has a community forum where traders can learn from each other. This new feature allows traders to choose the symbol of the currency, commodity, or precious metal, as well […]
In every aspect of today’s world, humans exist and operate inside centralized pockets of density. For example, of the roughly 325 million people living in America, more than 80 percent live in cities as opposed to more isolated rural areas. Consider, also, the way we exist and operate online. There are billions of users of social media around the world, but most of us gravitate to high-profile influencers who boast millions of followers and exert outsized influence. The importance of density is most easily witnessed, however, in the economy. There’s a network effect that takes place in areas of concentrated economic activity. The larger and more robust a marketplace, the more opportunities exist for business and partnership. Ultimately, there emerges a critical mass in which the dense economic centers impose their own kind of gravitational force, attracting opportunity, talent, and creativity. In […]
August is not the best period for important decisions but it seems a good time to sketch plans for the second active half of the year. Authorities in several countries have shared their intentions regarding the regulation and oversight of the crypto space. The club of crypto-friendly jurisdictions may accept new members this fall. Others may take a different route, at least for now. Also read: Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume Ukraine to Take Example from Switzerland, Malta, Gibraltar Kiev, which has postponed the adoption of crypto regulations for some time, has indicated its decision to follow the examples set by crypto-friendly jurisdictions like Switzerland, Malta, and Gibraltar. That’s according to comments made by Timur Khromaev, head of the country’s National Securities and Stock Market Commission (NSSMC). Ukraine needs a law in order to […]
ConsenSys found and Ethereum co-founder Joseph Lubin told mainstream media that Ripple “isn’t a Blockchain technology” August 14, confirming it “isn’t a competitor” for Ethereum. Lubin: Ripple ‘Isn’t Really A Blockchain’ Speaking to Bloomberg about the current state of the cryptocurrency market and Ethereum development, Lubin delivered an interesting take on two of the industry’s biggest names. Asked about what would happen if “other protocols which trade speed or decentrazliation for security” gain favor in the mid to long-term, Lubin appeared unfazed. “Ripple isn’t really a Blockchain technology, it’s sort of a payment system, so I don’t really consider that a competitor,” he told Bloomberg. Continuing on EOS 00, he described the project as “a slightly, maybe slightly, decentralized approach at building a Blockchain system.” Lubin qualified the term “slightly” by referring to EOS’ decision-making apparatus, consisting of, as he […]
Following the event’s groundbreaking success in 2017, Blockchain Life 2018 is all set to make a comeback to Russian and Eastern Europe’s leading venue Expoforum in St. Petersburg. Scheduled to be held on November 7-8, this year’s forum is expected to bring together over 5000 participants from more than 70 countries across the globe. One of the world’s largest international forums on blockchain and cryptocurrency, Blockchain Life has just announced its return to the St. Petersburg for the Blockchain Life 2018 to be held in the renowned Expoforum on November 7-8. It may be recalled that the Blockchain Life 2017 conference was the biggest event of the year in Eastern Europe on blockchain and cryptocurrency. The purpose of the Blockchain Life forum is to unite the crypto community and attract more professionals to the industry. One of the most important characteristic […]
While the entire cryptocurrency community is waiting for the approval of a potential bitcoin ETF by the US Securities Exchange and Securities Commission (SEC), investors can now purchase Bitcoin exchange-traded notes, entirely regulated in Sweden. “Big Win for Bitcoin” Starting yesterday, investors can trade using the so-called Bitcoin Tracker One product offered by a parent company of CoinShares Holdings, LTD, according to Bloomberg. The product is listed and regulated in Sweden, but it is already quoted in U.S. dollars, allowing traditional US accounts to buy. With the CXBTF ticker, it’s traded on the Nasdaq Stockholm exchange since 2015. However, until now, it was only available in euros and the Swedish Krona. Speaking on the matter, the CEO of CoinShares Ryan Radloff said: Everyone that’s investing in dollars can now get exposure to these products, whereas before, they were only available […]
‘Soft’ Crypto ETF Alternative Now Geared Towards U.S. Investors, Says Bloomberg A Bitcoin (BTC)-based exchange traded note (ETN) listed on the Nasdaq Stockholm exchange is now being targeted towards U.S. investors, Bloomberg reports Wednesday, August 15. As many in the U.S. clamor to see a Bitcoin exchange-traded fund (ETF) approved by regulators, this so-called “soft” alternative has been trading on the Swedish exchange… The post ‘Soft’ Crypto ETF Alternative Now Geared Towards U.S. Investors, Says Bloomberg appeared first on Altcoin Today.
Bitcoin – the world’s largest cryptocurrency by market cap – is now trading for just shy of $6,400 at press time. This is a little over $100 less than where it stood 24 hours ago. Bitcoin is likely scaling back a bit following some harsh comments from Coinbase CEO Brian Armstrong. As the head of one of the largest and most trusted digital currency exchanges across the globe, Armstrong says it will probably be a long time before mass adoption of cryptocurrency occurs. “I think it will be quite some time before you cross the street to Starbucks in the U.S. and pay with crypto,” he comments. His words are shocking in the sense that the Intercontinental Exchange ICE) recently announced it was working with several large companies to bring Bakkt to life. The new platform will be introduced in […]
Mining has long ceased to be entertainment for geeks and a narrow circle of people associated with the development of blockchain technologies. Despite a protracted market decline, the cryptocurrency world is increasingly stepping on the toes of the financial world. Recently, one of the most popular exchanges, Binance, Nothing Personal, it’s just Mining: Business Models Review was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
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