Monthly Archives: March 2018

Op Ed: Could an Amazon Token Become a Viable Worldwide Cryptocurrency?

Combining the benefits of a utility-based cryptocurrency and a company that exhibits the characteristics of a power law network creates the perfect opportunity for a globally adopted cryptocurrency –– the Amazon Token. Amazon’s Full-Circle Economy In this hypothetical futuristic scenario, Amazon extends on the suite of products and services it provides customers in 2018 including: online shopping, physical grocery, web services, artificial intelligence, internet of things, video and music streaming, healthcare (in development) and banking (small business loans). For reference, Amazon ships to 100 countries and has […]

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Lil Windex Might Have 99 Problems, BCH Ain’t One

Cryptocurrency continues its worming into broader culture, and now it’s the turn of Bitcoin Cash (BCH). This week, rapper Lil Windex dropped a narrative-driven video, Bitcoin Ca$h, surprising his giant fan base with a new tune to potentially get booties shaking and more people woke to decentralized currency. News.Bitcoin.com caught up with the artist hours after his song’s official release, hoping to find out more about motives behind the single one popular website termed “ridiculously great”. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Lil […]

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China: PBoC Head Says Digital Currency ‘Inevitable’, Bitcoin ‘Not Accepted’ As Payment

The People’s Bank of China has opted for continued caution around propagation of cryptocurrency. Governor of the People’s Bank of China (PBoC), Zhou Xiaochuan, said in a press conference that authorities are not rushing to issue a national digital currency and still do not recognize Bitcoin as a legitimate payment method, reports China Daily on March 9. Zhou expressed the PBoC’s position frankly: “We do not currently recognize Bitcoin and other digital currencies as a tool like paper money, coins and credit cards for retail payments. The […]

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The ‘Crypto-Heater’ Mines Digital Currency While Heating Your Home

A French company named Qarnot has released a new home heater called the “Crypto-Heater or QC-1” that heats a room in your home while mining cryptocurrencies. The startup says with the two graphics cards embedded in these home heaters people can “make heating a source of revenue, not an expense.” Also read: Cryptocurrency Interest Wanes — Online Searches for “Bitcoin” Drop 80% Mining Cryptocurrencies While Heating Your Home The use of cryptocurrency mining produces a lot of heat while mining rigs churn away difficult math problems 24-7. Some […]

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Praetorian Group Files To Be First ICO To Sell Registered Security Tokens In US

The Praetorian Group has filed a $75 mln ICO with the SEC, potentially offering the first ever registered security tokens in the US. The Praetorian Group, referred to as a “Cryptocurrency Real Estate Investment Vehicle,” (CREIV) has filed with the US Securities and Exchange Commission (SEC) on March 6 to register their $75 mln Initial Coin Offering (ICO) as a security offering. If the SEC accepts their registration, the Praeotorian Group will hold the first ever SEC-registered ICO. The filing states that while there will be 200 […]

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Don’t Regulate Crypto, Regulate Financial Institutions, Says EU Banking Authority Chair

The chairperson of the European Banking Authority has said it may be a better idea to keep financial institutions from holding and selling crypto, as opposed to regulating crypto itself. Andrea Enria, the chairperson of the European Banking Authority (EBA), said that it could be more efficient to prohibit banks and other financial institutions from holding and selling cryptocurrencies, than to directly regulate crypto, the Financial Times (FT) reported Friday, March 9. Enria’s remarks follow the recent movement toward cryptocurrency regulation in Europe. Yesterday, March 8, the […]

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9 Reasons Blockchain Projects Need a General Counsel: Expert Take

After successful ICO, you have a significant enterprise to protect, demanding stakeholders to satisfy, and a challenging product roadmap to deliver on. In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to a.mcqueen@cointelegraph.com. Imagine that your ICO […]

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Most Forked Coins Are Proving More Hassle Than They’re Worth

The last month has seen a spate of high profile forks, as zclassic (ZCL), eth classic, and litecoin have all split to create new coins. Each of these has a shared history with its parent chain. In the run-up to the fork, many investors bought in hoping to claim their free dividend, or simply to chase the pump expected to push prices higher. They’ve since discovered that there’s no such thing as a sure thing in crypto, with all three coins dumping ahead of the fork, leaving […]

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CFTC Ex-Chair: Crypto ‘Bubble’ Won’t Burst Without Set Regulations To Bring In Big Money

Ex-CFTC chairman turned crypto adviser Jim Newsome has forecast crypto markets continuing to grow until regulation is set in stone and big money is involved. Former chairman Jim Newsome of the US financial regulator the Commodity Futures Trading Commission (CFTC) predicted that the alleged cryptocurrency “bubble” will not burst soon, Forbes reported on March 8. According to Newsome, the lack of a concrete regulatory framework means that institutional investors are still not participating in cryptocurrency markets. Without clear regulations and the resulting injection of “big money”, a […]

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Singlepoint Launches Bitcoin Payment Solution for Cannabis Industry

Singlepoint has launched a bitcoin payment solution for the cannabis industry. The company also plans to launch a cryptocurrency exchange in the upcoming months as well as a crypto wallet which will be ready for testing in the next weeks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Singlepoint’s Bitcoin Solution Publicly-traded holding company Singlepoint (OTC:SING) has announced the soft launch of its Singleseed bitcoin payment solution. A subsidiary of Singlepoint, Singleseed is a B2B provider of cannabis-based technology services, including payments, marketing, and […]

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