Monthly Archives: June 2018

Blockchain-Based Community Currencies to Be Launched in Kenya

Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. By using the Bancor Network, disadvantaged communities in Kenya will be able to create digital currencies that can hold one or more balances in a connected way such that integrated currencies can be swapped for one another without needing a counterparty. Bancor will launch the new currencies by contributing capital from the proceeds […]

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Cryptocurrency Hedge Funds Were Down 12% to 19% in May 2018

No need to beat yourself up if your cryptocurrency portfolio exhibited less than stellar performance in May. Even the professional traders employed by the big hedge funds active in the space have suffered double digit declines during the previous month.  Also Read: Bitcoin in Brief Monday: From New York to Historic Istanbul Market Crypto Hedge Funds Show Weak Performance in May Data provided by three different industry trackers reveals that crypto hedge funds achieved considerable negative growth in the bear market of May 2018. The Eurekahedge Crypto-Currency Hedge […]

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Square Receives NY BitLicense, Cash App Now Offers BTC Trading for New York Users

Square has received a New York BitLicense, meaning the Cash App now lets its New York users buy and sell Bitcoin. Financial services provider Square has received a BitLicense from the New York Department of Financial Services (NYDFS), according to a press release published today, June 18. As a result, Bitcoin (BTC) trading is now available to New York users of Square’s Cash App, according to Cash App’s Twitter. Cash App released a Bitcoin option at the end of January to almost all of its users, originally […]

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Op Ed: The Rise of Cryptocurrency Securities Lawsuits

As the cryptocurrency market develops and grows, cryptocurrencies have become the subject of an increasing number of securities lawsuits. This year alone, more than 10 cryptocurrency securities lawsuits have been filed in federal district courts throughout the country. While regulations and laws governing the cryptocurrency market continue to develop, recent activity involving cryptocurrency has raised a host of questions concerning investor protections. As federal and state regulators and policymakers grapple with how to regulate digital currencies, some investors have sought protection through securities lawsuits. Based on the […]

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Blockchain Gaming Company Launches Free Fantasy World Cup Tournament with $135K Prize Pool

sponsored A blockchain gaming company teams up with fantasy sports giant for World Cup tournaments. A blockchain-based gaming company which offers its own cryptocurrency for in-game purchases has announced it is collaborating with a fantasy sports giant and offering free tournaments to mark the World Cup. GameCredits is teaming up with FanDuel, a large daily fantasy sports company, and says the competitions will run throughout the major sporting event. As well as $35,000 in cash, the prize pool also offers $100,000 worth of GAME – the platform’s […]

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Financial Services Provider Square Acquires New York Bitlicense

The company Square announced on Monday the firm has been granted the Bitlicense from the New York Department of Financial Services (DFS). The firm and its ‘Cash App’ are now legally allowed to operate and utilize cryptocurrency solutions in the state of New York. Also Read: Cryptocurrency Brokerage Service Genesis Global Granted Bitlicense Square Has Obtained the New York Bitlicense The Square Cash App was offered to most U.S. states this past February and now the company can operate in the state of New York. Users can purchase […]

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VANIG ICO – The Future Of Shopping Is Here

Vanig is an e-commerce Blockchain designed to eliminate the shortcomings that are prevalent in the conventional online trading platforms. It aims to improve efficiency in transactions by providing efficiency in online B2C and B2B interactions, to streamline online shopping activities. Token Token Symbol: VANIG Platform: ERC20 Pre-Sale End Date: 22 July 2018 Token Sale Start Date: 23 July 2018 Token Sale End Date: 25 September 2018 Total Amount of Tokens: 225,000,000 Total Amount to be Sold: 141,000,000 Total Private Sale: $2,000,000 Token Main Sale: $6,000,000 Token Main […]

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BGX ICO – The Most Powerful Decentralized Processing Platform

Defining BGX BGX is a decentralized platform that is mainly designed to help in the mobile gaming space. It is entirely powered by Artificial Intelligence and is meant to work completely different from the ones that are currently found in the market. Token Token: BGX Pre-ICO Price: 1 BGX = $0.07 ICO Price: 1 BGX = $0.10 Accepted Currencies: ETH, LTC, BTC, and Fiat Hard Cap: $50,000,000 Soft Cap: $4,000,000 Main Token Sale Start Date: 5th September 2018 Main Token Sale End Date: 3rd October 2018 Website […]

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Updated Edition of Blockchain Revolution Fills In Some Big Gaps

“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships.” So reads part of the preface in the newly-released second edition of Blockchain Revolution by the father-and-son team of Don Tapscott, founder and executive chair of the Blockchain Research Institute (BRI), and Alex Tapscott, founder and CEO of NextBlock Global, a digital asset company. The first edition of Blockchain Revolution, published in May […]

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Japan’s Self-Regulatory Crypto Exchange Body to Release Voluntary Rules, Report Says

Japan’s newly formed self-regulatory body for crypto exchanges is reported to be releasing its guidelines on June 27th. Japan’s Virtual Currency Exchange Association (JVCEA) will reportedly be releasing new voluntary rules next week, Cointelegraph Japan reports today, June 18. The official announcement of the regulatory guidelines, set for June 27th, will reportedly include a ban on insider trading, penalizing cryptocurrency exchange employees if they engage in “inappropriate” trading due to their firsthand knowledge. In order to conform to anti-money laundering (AML) regulations, the voluntary regulation proposal will […]

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