Monthly Archives: April 2019

Pakistani Prime Minister Addresses Digitization of Gov’t Administration

The Pakistani prime minister has conducted a meeting dedicated to digitization of government operations. The prime minister of Pakistan has conducted a meeting dedicated to the digitization of government administration, local Egnlish language news outlet The News reported on April 17. At the meeting, Pakistani Prime Minister Imran Khan reportedly addressed such issues as digitization of government processes and blockchain technology’s impact on ensuring efficiency and transparency in its operations. Khan also highlighted the potential to eliminate bureaucracy and improve general service delivery in accordance with the […]

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Winklevoss Twins Reach Settlement With Charlie Shrem

The Winklevoss twins reached a settlement with Charlie Shrem on April 16, 2019, declaring that their case against him has been dismissed with prejudice and will not be reopened. The twins, who founded the Gemini cryptocurrency exchange, originally sued Shrem, the founder of early bitcoin company BitInstant, in November 2018, alleging that Shrem stole 5,000 bitcoin from the pair in 2012. They asserted that Shrem agreed to build a stockpile of cryptocurrency for them at their expense but then came up short by nearly $60,000 in bitcoin […]

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Winklevoss Twins and Charlie Shrem Settle Long-Running Legal Fight Over 2012 Bitcoin Deal

The Winklevoss twins and Charlie Shrem have agreed to end a long-running legal fight over 5,000 missing bitcoins after reaching a confidential settlement. Cameron and Tyler Winklevoss have reached an agreement with bitcoin (BTC) entrepreneur Charlie Shrem to end a lawsuit the twins filed against Shrem last year. The news was revealed in court documents filed on April 16. The twins, who founded crypto exchange Gemini, had accused Shrem of stealing 5,000 bitcoin (worth about $26.1 million at press time) and using the crypto to buy Maseratis, […]

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Cartoon: Distorting Mirrors

To many on the outside, the blockchain industry and speculative crypto markets are one and the same, which often leads to misunderstandings. For the two entities that regulate the market, the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), the result is that they tend to either look at the whole industry as an “unregulated mess” or view it with concerns about fraud or “operational risk.” Ultimately, regulators view the blockchain industry through distorting mirrors. This article originally appeared on Bitcoin Magazine. […]

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Coinbase Expands Crypto-to-Crypto Services to 11 More Countries

Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries. Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries, according to a blog post published on April 17. Coinbase and its professional trading platform Coinbase Pro have introduced crypto-to-crypto conversions and trading to 11 more countries in Latin America and Southeast Asia. The product is now also available to Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New […]

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Ripple’s Xpring and Firm Behind Zcash Among Investors in Privacy-Focused Crypto Startup

Xpring, the Electric Coin Company and Dekrypt Capital are investing in a startup that aims to make crypto payments quicker, less expensive and more private. Ripple’s fundraising arm Xpring announced in a blog post on April 17 that it has joined several companies to invest in Bolt Labs, a startup aiming to deliver “instant, cheap and private payments” by adding a layer of anonymity to existing networks. Zooko Wilcox, CEO of the Electric Coin Company — the firm behind Zcash — confirmed to Forbes that his company […]

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US District Attorney Indicts Three for Laundering Millions With Bitcoin

The Manhattan district attorney has indicted a group of individuals with allegedly selling drugs and laundering millions with bitcoin. The Manhattan district attorney has indicted a group of individuals with allegedly selling drugs and laundering millions of dollars with bitcoin (BTC). The development was announced in a press release published on April 16. Manhattan District Attorney Cyrus R. Vance, Jr., the United States Secret Service, the U.S. Postal Inspection Service (USPIS), and U.S. Homeland Security Investigations (HSI) have indicted Chester Anderson and his criminal accomplices Jarrette Codd […]

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Binance Responds to Notre Dame Tragedy by Launching Crypto Donation Channel

Responding to President Emmanuel Macron’s call for donations, Binance launched its crypto donation program “Rebuild Notre Dame” Major global crypto exchange Binance has launched a crypto donation program to support the reconstruction of the Notre Dame cathedral, the firm tweeted on April 16. Binance has initiated a donation program “Rebuild Notre-Dame,” calling the crypto community to support their campaign to restore the medieval cathedral that suffered “colossal damages” from a major fire that nearly destroyed the landmark on April 15. In the post accompanying the new crypto-fundraising […]

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New $50 Million Blockchain VC Fund Partners With HTC

Proof of Capital, a new blockchain VC fund backed by an HTC exec, is held in fiat currency, as opposed to token-based investments. An executive at electronics giant HTC is leading a new $50 million blockchain-focused venture capital fund, Proof of Capital, that includes a partnership with the firm, TechCrunch reports on April 17. The new blockchain fund is reportedly held in fiat currency and focused on “regular VC deals, as opposed to token-based investments.” The fund will reportedly mainly target early stage blockchain firms in fintech, […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 17

If the current recovery continues, it could attract traders who are waiting for confirmation of a bottom. 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. Bitcoin’s dominance has increased from just below 50% in early-April to 52.3%. This suggests that the focus is back on Bitcoin after the initial […]

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