News
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IS China finnally ready to accept cryptocurrency?
Cryptocurrencies and Initial Coin Offerings (ICOs) have been hardly punished in China with regulations. But apparently, new regulations prepared for 2018 would end the ban over ICOs. China’s People’s University Law School vice president Yang Dong released the information. Will Chinese ban of ICOs end in 2018? The Southeast Asia Blockchain Summit was important for the cryptocurrency […]
First platform for celebrities and their fans on Blockchain
TokenStar is a decentralized platform which was built on the Blockchain, its purpose is to connect celebrities with their fans and advertisers. Celebrities can now introduce million of new users to the crypto industry to further drive the adoption of technology. 15 celebrities are already using this platform, like football champions Lothar Matthäus and Gianluca Zambrotta, Hollywood photographer […]
Will Tether burst the Bitcoin bubble?
Teather is unique cryptocurrency, it’s like a bridge between crypto and fiat. The idea behind Tether is for every 1 Tether that exists there is 1 USD to back it up. It is sitting in reserves somewhere in Tethers bank accounts, always ready for the redeem at 1:1 ratio. This makes Tether basically digital cash […]
RUSSIA offering legal cover for cryptocurrencies
Russia is offering legal cover for cryptocurencies as Central banks dissent. Finance Ministry published draft legislation to regulate operations using cryptocurrencies, putting it at odds with the central bank’s resistance to allowing their exchange into rubles and other currencies. President Vladimir Putin said this month that the central bank is right to be cautious about the […]
Arsenal FC becomes the first football club promoting cryptocurrency
Arsenal Football Club will be the first sports club to promote cryptocurrency. It partnered with CashBet who is online gambling platform that enables real-money online gambling in social and mobile games. The company operates in the United States. It says it plans to raise $40 million to $70 million in a sale of CashBet Coins set […]
Cryptocurrency invasion of WALL STREET
If you are thinking about investing, the first thing that must come to your mind is Wall Street. The term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York-based financial interests and also most […]
Great news for crypto market
In recent times there wasn’t much good news on the horizon for the crypto market. We are going through deleveraging phase, so FUD is going to be expected. The market isn’t as volatile as we were used to. With big projects failing people are losing their life savings. In the mix of all these things, some […]
Hyped ICO vanishes with millions
Benebit, one of this year’s most hyped up ICOs, has just vanished without a trace, leaving investors between $2.7 and 4 million out of pocket. The scam came to light after someone noticed that the team photos had been stolen from a school website. Once this happened, Benebit ran for the exits, taking […]
$400M of ICO Funds Lost or Stolen
If you’ve ever participated in an ICO you know that the logistics of it are not for the faint-hearted. It’s complicated enough to keep many newcomers into the crypto space well away from them. And if this new research by Ernst and Young is to be believed, it’s also a lucrative hunting ground for hackers […]
1 Bitcoin = 1 Million US Dollars
Dan Schulman, chief executive of PayPal, talks with bitcoin pioneer Wences Casares about bitcoin, blockchain and fintech in a Facebook interview. Casares, a serial entrepreneur, has launched startups across South America and the United States, not the least of which is bitcoin wallet startup Xapo, which he currently leads. Casares is also a member of the PayPal board. Schulman […]
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