Monthly Archives: March 2018

Twitter Abruptly Bans Cryptocurrency Ads — Beginning Today

Twitter is a fast player. Less than two weeks ago, the social media giant announced it was developing new policies which would lead to the eventual ban of cryptocurrency and ICO-related advertisements on its platform. Bitcoin enthusiasts everywhere likely figured they had a little time to spare, as the changes weren’t expected to take effect until sometime in April at the earliest. In addition, it was reported that Twitter would also be banning ads for cryptocurrency exchanges, though there would allegedly be exceptions to the rule. Executive […]

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Students Use Loans to Fund Cryptocurrency Investment: Study

On March 22, 2018, a report was released by the Student Loan Study that raised a few eyebrows across the space. A survey of 1,000 college students with student debt were asked the simple question: Have you ever used student loan money to invest in cryptocurrencies like bitcoin? The results were astounding with 21.2 percent answering in the affirmative.   Although the details of the methodology used in the survey have been kept relatively vague and leave questions as to whether the subset selected could provide a […]

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Twitter Confirms Restrictions on ICOs and Cryptocurrency Token Sale Ads

Twitter has confirmed the reports from earlier this month that it will ban ads for Initial Coin Offerings (ICOs) all around the world. From now on any project that is conducting a token sale will only be allowed to run ads on the social network if it can prove it is legally regulated in the targeted country. Wallets and exchanges will also have a high bar to cross. Also Read: Misleading Cryptocurrency ”Partnership” Announcements Are Getting Ridiculous Twitter Restrictions Social networking service Twitter (NYSE:TWTR) has updated its […]

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Chilean Exchanges Seek Clear Regulations On Crypto After Banks Denied Them Services

Two crypto exchanges called on the Chilean Association of Banks to provide a ‘transparent’ stance on crypto after a number of their bank accounts were closed. Two cryptocurrency exchanges BUDA and Crypto MKT, which operate in Chile and some other Latin American countries, have recently asked the Chilean Association of Banks (ABIF) to clarify its stance on cryptocurrencies and cryptocurrency trading after the firms’ corporate accounts were closed by a number of Chilean banks, local news outlet PULSO reported March 25. In its public statement dubbed “Chile […]

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Crypto Exchange Bitfinex Won’t Support Venezuela’s Petro, Following US Gov’t Ban

Bitfinex has published a statement on the Petro coin, claiming that the platform will not support any tokens issued by the Venezuelan government. Hong Kong-based cryptocurrency exchange Bitfinex issued a public statement today, March 27, stating that the platform is not going to support the oil-backed Petro (PTR) token, launched by the government of Venezuela this February. Statement on the Venezuelan Petro Token (PTR)https://t.co/EWpXGFKfBA — Bitfinex (@bitfinex) March 27, 2018 In its blog post on March 27, Bitfinex, the world’s number four crypto exchange by 24-hour trade […]

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Bithumb Exchange To Bring Crypto Payments To 8K South Korean Merchants By 2019

A new partnership for South Korean exchange Bithumb sees it branch out into physical payments with cryptocurrency. Major South Korea exchange Bithumb will allow its users to pay with cryptocurrency in 8,000 brick and mortar outlets by the end of 2018, it announced March 26. In a pioneering move for cryptocurrency payments in South Korea, Bithumb will partner with digital payment services provider Korea Pay to facilitate purchases for its users. A pilot is expected to launch by June, with 8,000 merchants coming on board by year […]

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Singapore, Japan Associations Sign Agreement For Joint Fintech Development

Fintech associations in Singapore and Japan have signed a Memorandum of Understanding for working together on innovation. The Singapore Fintech Association (SFA) and the Fintech Association of Japan (FAJ) have signed a Memorandum of Understanding (MOU) in order to collaborate on fintech development, according to a joint press release published on Monday, March 26. The press release notes that the agreement will “raise the profile of the Japanese fintech industry and promote Singapore as a destination for Japanese business in wider Asia.” The MOU was officially signed […]

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Germany’s Tourism Board Accepts Bitcoin Payments

The German National Tourism Board has announced that it accepts cryptocurrencies such as bitcoin for its services. The organization promotes German travel destinations with offices in 32 countries around the world. GNTB also intends to implement blockchain technologies in its finances. “We want to be a global innovation driver in the tourism industry,” its chairperson recently stated.   Also rear: 80,000 New Merchants in Europe Gain Option to Accept Crypto Accepting Bitcoin to Drive Innovation Services offered by the German National Tourism Board (GNTB) can now be […]

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Supminer ccMiner fork for RavenCoin (RVN) X16r Mining

Another open-source fork of ccMiner called supminer (source) is now available, an optimized version from the operator of the Suprnova mining pools that promises up to 10% better performance than the recently released nevermore ccminer fork. The supminer ccMiner fork comes with with no developer fee, but you can show your support by mining Ravencoin (RVN) on Suprnova’s RVNCoin Pool. There is an official 32-bit Windows binary release available compiled with CUDA 9.1, so make sure you have up to date video drivers on your mining rigs. […]

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Russian Finance Ministry Says Venezuela Has ‘Not Offered’ To Pay Its Debts In Petro Coin

Venezuela’s increasingly controversial Petro cryptocurrency was not offered to be used for Russian debt repayments, a Russian official says. A Russian official has refuted claims that Venezuela offered to repay its debts in its newly-launched Petro cryptocurrency, Reuters reports today, March 27. As Reuters reports, Konstantin Vyshkovsky, head of the Russian finance ministry’s state debt department, told reporters that no cryptocurrency-based debt repayments were on the horizon. The update came a week after Venezuelan president Nicolas Maduro announced that the Russian ruble would be one of the […]

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