Monthly Archives: April 2018

Taking Ether Public: An Interview with Ether Capital CEO Michael Conn

Ether Capital is positioning itself to be the first Ethereum-focused publicly traded company. Having already raised $45 million through a private placement, the Toronto-based firm is now close to finalizing the reverse takeover (RTO) of a Vancouver shell company by mid-April. “Ether Capital is a technology company focused on building the central business and investment hub for the Ethereum ecosystem,” explained Ether Capital CEO Michael Conn in an interview with Bitcoin Magazine. “We feel that being publicly traded, and therefore transparent, gives us a significant competitive advantage […]

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Alibaba’s Taobao Expands Crypto Regulations By Banning ICOs And Associated Services

Alibaba subsidiary Taobao bans stores on the platform from providing ICO-related services after a previous ban of cryptocurrencies like Bitcoin. Chinese online shopping website Taobao, a subsidiary of retail giant Alibaba, will be banning stores on the platform from providing services related to Initial Coin Offering (ICOs), according to the press release published on Tuesday, April 10. The official statement offers an update of the firm’s previous cryptocurrency-related restrictions, which banned Taobao’s customers from services related to cryptocurrencies like Bitcoin (BTC), as well as from offering cryptocurrency […]

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How an OTC Bitcoin Scammer Almost Stole $600 Million

OCT trading involves high value deals that can run into the hundreds of millions of dollars. Whales want privacy and zero slippage, which isn’t possible on a cryptocurrency exchange, while buyers want large quantities of bitcoins at below market rates. It’s an arrangement that suits both parties, but for it to work, trust is essential as the cautionary tale of a $600 million OTC scam shows. Also read: India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion The 99,000 Bitcoin Deal That Almost Went Through On April […]

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Brazilian University Launches Cryptocurrency Masters Programme

A major Sao Paulo institution is launching what has been reported as Brazil’s first Master’s degree in cryptofinance. The course comes amid an increasing embracement of virtual currencies on the part of the Brazilian universities, with themes pertinent to cryptocurrency increasingly being incorporated into mainstream tertiary finance studies. Also Read: FSA Study Reveals 3.5 Million Cryptocurrency Traders in Japan Brazilian University to Launch Master’s in Cryptofinance Next Semester Sao Paulo-based Fundacao Getulio Vargas {FGV} has announced what it claims is the country’s first Master’s degree in cryptofinance. Program […]

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This Canadian Bank Is Reaching Out to Blockchain Startups and ICOs

Financial institutions in Canada have largely embraced blockchain technology, with most major banks, including the central Bank of Canada, conducting pilot projects or at least research into the uses of blockchain technology in banking. In fact, the Bank of Canada has gained a reputation for blockchain-friendliness with its experiments with mock digital currencies and payment systems on the Ethereum blockchain. As for bitcoin and other cryptocurrencies, they’ve mainly been getting the cold shoulder from Canadian banks, with most crypto startups having some difficulty getting bank accounts and […]

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Cryptocurrency Startup To Take On ‘Outdated’ Credit Cards Through Blockchain Payment Protocol

sponsored A crypto startup says merchants are being exploited by credit card companies, and is creating a Blockchain protocol which lowers transaction fees. PumaPay is building a Blockchain-based protocol to reform how everyday financial transactions are completed – with a warning that credit and debit cards are unfit for purpose in today’s “fast-paced, global economy.” PumaPay claims its system has what it takes to propel cryptocurrencies into mainstream use and rethink how payments are processed. It is developing an open-source “PullPayment Protocol” which enables merchants to pull […]

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 11

Bitcoin has had rallies in the second quarters of both 2016 and 2017. Are we in for another one? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The analyst community in the form of large investment banks continues to view Bitcoin as a bubble, with some suggesting that […]

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Bitfinex in Poland: Were There Money Laundering Links?

When allegations of fraud and money laundering were leveled at Bitfinex, they denied it, but how much of a link was there to start? On April 7 reports started emerging from Poland that Polish prosecutors seized €400 mln from an account that was allegedly linked to one of the biggest exchanges globally, Bitfinex. While links to the crypto exchange existed, they were tenuous at best, and involved a long string of players that apparently led back to Bitfinex. From the Belgian Ministry of Foreign Affairs to an […]

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Caribbean Nations Introduce Crypto Payments in the Travel Industry

The Caribbean Tourism Organization is going to introduce cryptocurrency payments for tourism services and products offered in the region. In partnership with a local company, CTO wants to implement crypto-based merchant applications in the travel industry and other related sectors. Another goal is to further integrate the region’s economies through more cryptocurrency transactions. Also read: Antigua and Barbuda to Set Up a Cryptocurrency Exchange Embracing Cryptos to Deal With Issues and Restrictions Trying to adequately address economic and financial issues, Caribbean governments and businesses are increasingly turning […]

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New York Townhouse Now On Sale For $45 Mln In Cryptocurrency

Blockchain investor and hedge fund manager Claudio Guazzoni de Zanett lists his six-story NYC townhouse for $45 mln in crypto A six-story townhouse on New York’s Upper East Side is listed for sale for either almost $30 mln in fiat or $45 mln in cryptocurrency, the Wall Street Journal (WSJ) reports today, April 11. Blockchain seed and angel investor Claudio Guazzoni de Zanett has said that he will accept Bitcoin (BTC), Ethereum (ETH), or Ripple (XRP) for the property, noting the reason for the higher price in […]

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