Monthly Archives: June 2018

Coinbase Unveils Plans to Enter the Japanese Market

One of the largest US cryptocurrency companies, Coinbase, has unveiled its plans to enter the Japanese market in order “to accelerate the global adoption of cryptocurrency.” The company has been in talks with the country’s financial regulator to ensure compliance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Opens Office in Japan Coinbase announced on Monday, June 4, its plan to enter the Japanese market. Vice President and General Manager Dan Romero wrote: As part of our effort to accelerate the global adoption of cryptocurrency, […]

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Steve Wozniak Wants Bitcoin to Become the World’s Single Currency

Apple co-founder Steve Wozniak has some very positive things to say about bitcoin. In a recent interview with CNBC, the computer mogul admitted that he hopes bitcoin will become a single global currency and that he shares the sentiment of Twitter and Square CEO Jack Dorsey, who expressed his belief last March that bitcoin will become a unifying cryptocurrency for every nation within the next 10 years. “I buy into what Jack Dorsey says,” he explained, “not that I necessarily believe it’s going to happen, but because I […]

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Ripple Donates $50 Mln to Universities to Support Blockchain, Crypto Education

Ripple has created a University Blockchain Research Initiative, collaborating with 17 universities worldwide with a $50 mln donation. Ripple (XRP) has unveiled their University Blockchain Research Initiative (UBRI) consisting of a $50 mln donation to 17 universities globally to support education in blockchain and crypto, Ripple Insights reports June 4. Ripple will also contribute technical resources and expertise as part of the initiative, allowing the universities to collaborate with Ripple on blockchain research and blockchain and crypto-based curriculum formation. Among others, Princeton will work with the UBRI […]

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Crypto Tipping Added to Streamlabs App, Responsible for 15% of Twitch Streams

Twitch streaming app Streamlabs has added a cryptocurrency option for tipping broadcasters with either BTC, ETH, LTC, or BCH. Broadcasters on Streamlabs, a Twitch streaming app, can now accept cryptocurrency as tips, the Steamlabs blog posted on June 1. According to NewZoo market intelligence provider, during the first quarter of 2018, the Amazon-owned Twitch garnered 2 bln viewing hours, with Steamlabs making up 15 percent of Twitch streams. Steamlabs reported in April that they had made almost $35 mln in tips in the 2018 Q1. In order […]

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Steve Wozniak: Bitcoin Is ‘The Only Digital Gold’

Steve Wozniak said he “buys into” Bitcoin becoming a “single currency” of the world, prefers it over other cryptocurrencies. Apple co-founder Steve Wozniak said that “only Bitcoin is pure digital gold” in an interview June 4, reaffirming his belief in the cryptocurrency despite having sold most of his holdings. Speaking to CNBC at the ongoing Money20/20 conference in Amsterdam, the veteran developer said he “bought into” comments from Twitter CEO Jack Dorsey about Bitcoin becoming the “single currency” of both the internet and the world. Dorsey spoke […]

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New Cashpay Wallet Allows Purchases With Any Online Retailer Using BCH

On Saturday, June 2 a new cryptocurrency wallet focused exclusively on bitcoin cash launched called Cashpay. The beta release is now available for Android and iOS devices but the wallet also offers an interesting feature — Cashpay comes with the ability to purchase anything from any online retailer using bitcoin cash. Also Read: Markets Update: Digital Currency Market Bulls Push Back After Decline Cashpay: A BCH Exclusive Wallet Focused on Increasing the Use of Bitcoin as Cash The development team from the website Cryptonize.it have launched a new […]

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Reports: Crypto Now Considered a Commodity on Indonesia’s Stock Exchange

An Indonesian financial regulator has ruled that crypto can be legally traded as a commodity on their stock exchange. The Indonesian Trade Ministry’s Futures Exchange Supervisory Board (Bappebti) has signed a decree to make cryptocurrency a commodity legally tradable on a stock exchange, local news outlet The Jakarta Post reports today, June 4. According to Dharma Yoga, head of Bappebti market supervision and development bureau, the Future Exchange Supervisory Board decided to allow crypto to trade as a commodity as a result of a four month study […]

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‘Bitcoin Batmobile’: Argentinian Nonprofits Launch Minivan Tour to Spread Crypto Awareness

Two non-profit organizations have bought a minivan to travel around rural Argentina and spread information about cryptocurrencies. Argentinian non-profit organizations Bitcoin Argentina and Bitcoin Americana have just launched a cryptocurrency awareness campaign “Bitcoineta,” local news outlet Infobae reports Monday, June 4. The campaign’s name is an abbreviation from “Bitcoin” and “camioneta,” the Spanish word for minivan. It consists of a Bitcoin-branded van, jointly purchased by the two participating organizations, that will go around Argentinian – and eventually Latin American – towns to spread basic knowledge about cryptocurrencies […]

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TASE Shell Company Switches Plans From “Blockchain” to Cannabis

After delistings, warnings and even regulatory actions in different markets around the world, we are now getting another indication that the “blockchain” stocks hype is dying out. A TASE shell company has switched its focus from trying to enter the blockchain racket to newer trends like the legal cannabis business.  Also Read: Huobi Creates Its Own Cryptocurrency Exchange-Traded Fund (ETF) Fantasy Blockchain Fantasy Network is a shell company traded on the Tel Aviv Stock Exchange (TASE: FNTS). On Monday the company announced drastic changes to its leadership, ending […]

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HitBTC: Japan Users Banned ‘Temporarily’ As Solution Planned For Q3 2018

HitBTC has promised to reinstate trading for Japanese users later this year as it works on launching a subsidiary. After banning Japanese residents from trading on its platform over “compliance” issues, cryptocurrency exchange HitBTC said it plans to reopen trading in Japan via a “registered entity,” Cointelegraph Japan reported June 4. In a blog post, the world’s eighth-largest exchange by volume – according to Coinmarketcap data – outlined its plan of action after users received letters warning them that the exchange would freeze Japan-linked accounts over “compliance” […]

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