Monthly Archives: May 2018

Paxful Expands Investment in Africa with Launch of Nigerian Blockchain Incubator Hub

Peer-to-peer marketplace Paxful has announced plans to construct a blockchain technology incubation hub in Lagos, Nigeria. The project — set to be launched this coming fall — will provide a coworking space for company staffers and offer services like networking for ICO advisors, corporate and individual blockchain training, and mentorship for Nigerian blockchain developers. In recent years, Bitcoin’s popularity in Africa has experienced massive swells. Many residents do not have applicable access to traditional finance options due in part to inflation, strict monetary regulation and government corruption, […]

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Launching an ICO Token on Ethereum in Less Than Thirty Minutes

Over the past few years since the launch of the Ethereum network and other blockchains that can create tokens, initial coin offerings (ICOs) have been all the rage as all of these token projects have raised billions of dollars in ether, bitcoin, and other cryptocurrencies. A great majority of the ICOs today are ‘ERC-20 tokens’ created by the Ethereum Virtual Machine (EVM) with no more than a few hundred lines of code. Unfortunately, there’s a big misconception that a bunch of nerdy geniuses created these blockchain-based tokens, […]

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RBI Crackdown Triggers Migration of India’s Cryptocurrency Industry

The Reserve Bank of India (RBI)’s prohibitive policies regarding India’s cryptocurrency industry has reportedly comprised the catalyst for a migration of Indian cryptocurrency entrepreneurs in search of more amenable regulations. Also Read: Indian Ponzi Scheme-Funded Cryptocurrency Mine Raided by Police RBI Crackdown Drives Crypto Businesses Overseas The crackdown on cryptocurrencies initiated by the RBI has reportedly comprised a catalyst for the migration of numerous Indian cryptocurrency companies and ICOs seeking favorable regulatory jurisdictions. With India’s banking sector prohibited from providing financial services to businesses dealing in cryptocurrencies, many […]

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Tipping Point Gala Accepts Crypto Donations, Raises $14 Million

A gala held by Tipping Point, a non-profit organization that seeks to invest in efforts aimed at breaking the poverty cycle in the San Francisco Bay Area, has raised more than $14 million USD. The gala comprises the time that Tipping Point has accepted cryptocurrency donations, with the event being attended by the respective chief executive officers of Coinbase, Ripple Labs, and Pantera Capital Management. Also Read:  A Brief History of Hidden Messages in the Bitcoin Blockchain CEOs of Cryptocurrency Companies Attend Tipping Point Gala Tipping Point […]

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Dutch Ministry Develops National Blockchain Research Agenda

The Dutch Ministry of Economic Affairs and Climate Policy has commissioned a national research agenda to address the future development of blockchain in the country. Rob van Gijzel, ambassador of the Dutch Blockchain Coalition, presented a national blockchain research agenda, commissioned by the Dutch Ministry of Economic Affairs and Climate Policy, on May 8. The Ministry created a designated unit, ‘TopTeam ICT,’ tasked with researching the further development of blockchain across technology, legal issues, economic impact and ethics. The research agenda outlines the three key areas – […]

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PR: Skrumble Network Crowdfunding Sells out in 1 Hour with the Help of LEEKICO and Announces First Exchange Listing

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Sydney, Australia – LEEKICO, a one-stop-service ICO platform, successfully supported Skrumble Network (SKM), a project aiming to solve the data ownership crisis with a secure blockchain and application, in completing its highly anticipated token sale on May 5th, 2018. With LEEKICO’s support, […]

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Promoted: CoinPennant Crowdsale Puts Copy Trading on the Blockchain

Copy traders give permission for investment decisions made by a more knowledgeable trader to affect a portion of the funds in their own trading accounts. The startup CoinPennant plans to elevate this concept by channeling advice from established traders for those who want to enter the fast-paced cryptocurrency investment space by using a combined social network and blockchain-based copy trading platform. Companies like eToro and ZuluTrade already provide copy trading services for foreign currency trading, and they have also ventured into cryptocurrency. CoinPennant wants to specialize in […]

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Platform Creates Blockchain System That Offers ‘Valid Randomness’ in iGaming

sponsored A start-up iGaming company is using blockchain to create a lottery, scratchers, slots and other games which deliver “provably fair” results. A start-up company claims it can reduce public distrust in iGaming services through a blockchain system that generates “valid randomness” in games and makes them “provably fair.” Luckchemy, which is registered in Gibraltar, says its initial product is a daily lottery which uses a delegated Ethereum blockhash and a server seed to ensure the final result cannot be altered. Players can select five numbers from […]

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Robinhood App Raises $363 Mln To Expand Its Zero-Fee Crypto Trading Platform US-Wide

Stock trading app Robinhood has raised $363 mln in a series D funding round to expand its crypto trading platform US-wide. Stock trading app Robinhood has raised $363 mln in a series D funding round in order to expand its crypto trading platform, ‘Robinhood Crypto,’ US-wide, according to a company press release today, May 10. As Fortune reports, the funding makes Robinhood the second most valuable fintech startup in the US, and its current valuation is at $5.6 bln, more than a fourfold increase from last year. […]

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Banks and Cryptocurrencies Global Evaluation: Africa

Bitcoin and blockchain tech are ripe for mainstream adoption in Africa, where the population is well positioned to embrace the innovative technologies. Bitcoin and blockchain tech are ripe for mainstream adoption in Africa, where the population is well positioned to embrace the innovative technologies as alternatives to the expensive and/or outdated banking systems scattered across the continent. Lack of economic infrastructure paired with inadequate financial education has left a large portion of Africans without bank accounts or basic monetary means. However, in many countries the proliferation of […]

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