Monthly Archives: May 2018

Crypto Floating Island Project Closer to Realization

Blue Frontiers has signed a much-publicized memorandum of understanding with French Polynesia. The Floating Island Project is exactly as it reads, only it’s to be an independent government complete with its own cryptocurrency. An idea long thought to be a crazy dream of libertarians is now incredibly close to realization. Also read: Alec Baldwin’s Lambo Movie Backed by Crypto Tech Crypto Floating Island Project Nearer to a Reality “A core structural feature of current models of government is centralization,” begins the pitch for an initial coin offering […]

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Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries

A Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first crypto exchanges to be fully licensed by the Japanese Financial Services Agency (FSA). It is a subsidiary of Remixpoint (3825.T), a listed company on the Tokyo Stock Exchange. Bitpoint has started a new […]

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Mining: A New Revolution Is On The Way

What has happened? Company Advanced Miners is about to change the mining world for the better with the introduction of its token sale for the newest ASIC crypto mining 12 Nm chips. Working with Japanese GmO, there is also a 7 Nm chip on the way in the not too distant future. As with all sales, investors have the chance to purchase the tokens but these ones are pretty special. Named the next generation of mining chips, Advanced Miners is hoping that their new product will enable […]

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U.S.: Colorado Proposes Accepting Cryptocurrency for Political Campaigns

Following the FEC and a number of states, Colorado is considering allowing political campaigns to accept cryptocurrencies. Political candidates in Colorado could soon accept Bitcoin or other digital currencies for their campaigns, according to reports by the Denver Post on May 17. Secretary of State Wayne Williams made the proposal for allowing donations of cryptocurrencies in political campaigns in draft rules presented on May 16, the Denver Post reports. The US Federal Election Commission (FEC) has already approved the acceptance of Bitcoin as in-kind donations for political […]

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China Has Found 421 Fake Cryptocurrencies

A Chinese government-backed industry organization has published a report on fake cryptocurrencies. As of April, its monitoring platform has found 421 fake cryptocurrencies, 60% of which are deployed overseas. The Committee has also outlined major red flags of these cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 421 Fake Cryptocurrencies The National Committee of Experts on the Internet Financial Security Technology (IFCERT), a Chinese government-backed industry organization, published the results of its analysis on fake cryptocurrencies on Friday. Citing that “In recent years, virtual currencies […]

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Markets Update: Digital Assets Show Recovery After the Past Three Days of Dips

Digital asset markets are doing some healing during the past 24-hours of trading after touching some lows the day prior. At the moment the entire cryptocurrency market capitalization of all 1,600+ tokens is around $377Bn with around $16Bn worth of 24-hour trade volume. Bitcoin Core (BTC) markets are up 2.3 percent averaging $8,314 per coin while Bitcoin Cash (BCH) prices are up 1.5 percent at around $1,180 per BCH. Also read: “Stablecoin” Trueusd Pumps After Binance Listing The Week-Long ‘Consensus Pump’ Never Came to Fruition The mid-May […]

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WSJ: Coinbase Spoke to U.S. Regulators About Acquiring Federal Banking License

Coinbase reportedly met with U.S. federal regulators to discuss the possibility of getting a federal banking charter, the WSJ reports. Major U.S. cryptocurrency exchange and wallet Coinbase spoke to regulators about obtaining a federal banking charter, according to a report by the Wall Street Journal (WSJ) May 18. Citing “a person familiar with the matter”, the WSJ reports that Coinbase spoke to the U.S. Office of the Comptroller of the Currency (OCC) at the beginning of 2018 both about a bank charter and about their business model. […]

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Wendy McElroy: Decentralization is the Core of Crypto Freedom

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 2. Decentralization is the Core of Crypto Freedom Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has. Always remember that you are absolutely unique. Just like everyone else. Never believe that a few caring people can’t change the world. For, indeed, that’s all who ever have. –Margaret Mead Cryptocurrency decentralizes financial power down to the most basic unit of society: […]

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Bitcoin Magazine’s Week in Review: Blockchain’s Big Gathering

This week’s news was dominated by stories out of Blockchain Week and the Consensus 2018 conference held in New York City. There was free beer served from an ID-validating dispenser, Warren Buffet was criticized for his “rat poison” view of cryptocurrency, and there were plenty of business announcements, including news from eToro, Netki, Bitmain and Circle. Catch up on these stories and more in this week’s Bitcoin Magazine review. Featured stories by Amy Castor, Colin Harper and  Kyle Torpey Stay on top of the best stories in […]

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VC Firm Behind Snapchat Looks to Ramp up its Crypto Investments, Report Says

The top-tier investment group behind Snapchat is looking at three different ways to increase their activity in the crypto sphere, according to a report. The venture capital firm behind Snapchat is looking at ways to increase their investments in the crypto industry, tech journal Recode reported May 17. Aaron Batalion, a partner at venture capital firm Lightspeed, is leading an effort to boost the firm’s investment by exploring three methods: setting up a new fund, carving out a portion of an existing fund, or launching an entirely […]

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