Monthly Archives: June 2019

Israeli Supreme Court Rules in Favor of Cryptocurrency Exchange in Bank Dispute

The Supreme Court of Israel says Leumi Bank cannot block Bits of Gold’s account due to regulatory concerns, setting precedent for other crypto organizations. The Supreme Court of Israel has declared that Leumi Bank cannot block the cryptocurrency exchange Bits of Gold’s account on the grounds of regulatory concerns, according to a report by Finance Magnates on June 3. Despite the Supreme Court’s ruling against Leumi, the bank reportedly maintains its stance against dealing with the exchange. The report notes, however, that this ruling sets precedent for […]

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Tech Startup Fluree Raises Nearly $5 Million in Seed Round for Blockchain Database

Tech startup Fluree has raised $4.7 million in its first funding round for a blockchain-based database system, FlureeDB. North Carolina-based Fluree has raised $4.7 million in its first funding round for the company’s blockchain-based database system, according to a report by Tech Crunch on June 3. The firm’s blockchain database product, FlureeDB, purports to be “an immutable, time-ordered blockchain database” according to its documentation. Additionally, users can reportedly choose to run the database privately or on a federated blockchain network. CEO Brian Platz explained: “If you want […]

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Indian Police Uncover Cryptocurrency Scam Involving BitConnect Promoter

Indian police have discovered an alleged multi-million dollar cryptocurrency scam involving a BitConnect promoter. Indian police have reportedly discovered an alleged multi-million dollar cryptocurrency scam, involving a BitConnect promoter, local media outlet the Times of India reported on June 3. The Criminal Investigation Department (CID) in Gujarat, India, has accused Divyesh Darji — a promoter of now-defunct cryptocurrency investment program BitConnect that ceased its operations in January of last year — of luring people to invest into “Regal Coin,” promising unrealistic returns of as high as 5,000% […]

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John McAfee To Roll Out ‘Freedom Coin’ Cryptocurrency This Fall

John McAfee is releasing a cryptocurrency this fall which purports to be independent from fiat currencies, crypto exchanges and traditional backing assets. Crypto enthusiast, bitcoin (BTC) bull, antivirus software namesake and 2020 United States presidential campaigner John McAfee is releasing his own independent cryptocurrency, according to an official Twitter post on May 29. According to his website on the announced cryptocurrency, the “McAfee Freedom Coin” will roll out some time this fall. The McAfee Freedom Coin appears to aim for total isolation and independence from traditional currencies, […]

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Walmart Follows Pfizer in Joining Blockchain Pharmaceutical Project MediLedger: Report

Walmart is planning to pilot a blockchain project allowing to track pharma products using MediLedger tech U.S. FDA in early June. Global retail giant Walmart is expanding its blockchain expertise by joining blockchain-powered pharmaceutical consortium MediLedger, industry media outlet CoinDesk reports on June 3. Walmart is reportedly planning to roll out a pilot project to track pharmaceutical products using MediLedger technology with the United States Food and Drug Administration in early June. By joining the consortium, Walmart has followed four major American pharmaceutical companies including Pfizer Inc., […]

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French Retail Chain Carrefour Registers Sales Boost Following Blockchain Integration

French retail giant Carrefour has seen an increase in sales after the implementation of a blockchain-based tracking system. French retail giant Carrefour has seen an increase in sales after the implementation of a blockchain-based tracking system, Reuters reported on June 3. Carrefour’s blockchain tracking system enables customers to track the supply chain of 20 items, including meat, milk, and fruit from farms to stores, thus avoiding products with genetically modified organisms, antibiotics, and pesticides. This year, the company reportedly plans to add 100 more products, including non-food […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Bitcoin SV, Stellar, Tron: Price Analysis June 3

While the recent rally has improved sentiment among traders, some skeptics remain. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Hester Peirce, commissioner at the United States securities regulator, believes that the exchange-traded fund (ETF) application by the Winklevoss twins should not have been rejected. She has requested her co-commissioners […]

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Israeli Supreme Court Stops Bank From Closing Crypto Exchange’s Account

In February 2018, the Supreme Court of Israel issued a temporary injunction order forbidding a major bank in the country from halting the activity of a local cryptocurrency exchange. Now the bank has been forced to accept that the company’s account will remain open indefinitely. Also Read: Community Funding and Bringing Smart Contracts to BCH in the Weekly Update From Bitcoin.com Banks Can’t Ban Crypto Exchanges for No Reason Tel Aviv-based cryptocurrency exchange Bits of Gold can continue to have an account with Bank Leumi thanks to […]

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Slush Pool Operator Braiins Set to Rollout Upgrades

Braiins, a cryptocurrency mining pool operator based in Prague, is rebranding its company’s operation and bringing all of its products under a single umbrella. Updates Are Coming Braiins is the company behind Slush Pool, the original cryptocurrency mining pool with a hash rate of 5.32 Eh/s, per its website. After operating in the mining sector for some years, it appears to be set for a brand makeover and it’s pushing out some upgrades for its popular products — Slush Pool and Braiins OS. According to Braiins Creative […]

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PR: TRCE – Crypto Exchange Set To Launch In Q4 2019

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The Real Cryptocurrency Exchange (TRCE) is a Seychelles Cryptocurrency company headquartered in Buenos Aires, Argentina (2019) with plans to open offices in UK (2020) and Singapore (2021). The mission at TRCE is to reduce the access gap in the Cryptocurrency Market worldwide, primarily focusing on emerging markets. Unlike most exchanges […]

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