SEC Declines Winklevoss Brothers Appeal for Bitcoin ETF
CATEGORY: ALTCOINS, BITCOIN, DEVELOPMENT, NEWS, REGULATION
SEC Declines Winklevoss Brothers Appeal for Bitcoin ETF
In a three-to-one vote on July 26, 2018, the SEC declined an appeal by the Winklevoss Bitcoin Trust to launch the much-awaited Bitcoin ETF. SEC’s ETF Refusal Among other things in the 92 page statement, the SEC said that the Trust was declined because “[the] exchange [must] be designed to prevent fraudulent and manipulative acts and practices and to protect investors…
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4NEW Gives “Shitcoin” New Meaning by Converting Waste into Energy
CATEGORY: ALTCOINS, BLOCKCHAIN, MINING, NEWS
4NEW Gives “Shitcoin” New Meaning by Converting Waste into Energy
4NEW, a new blockchain-based eco-friendly ecosystem, is giving the term “Shitcoin” a whole new meaning. While traditionally a term given to tokens with no viable worth and/or vaporware, 4NEW is changing the connotation of “Shitcoin” by taking waste and converting it into electricity that is then used to mine tokens. Responsible Waste Management and Free Energy for Mining Tokens 4NEW…
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Coinbase Investigation Concludes There Was No Insider Trading Ahead of Bitcoin Cash Launch
CATEGORY: ALTCOINS, BITCOIN, DEVELOPMENT, EXCHANGE, NEWS
Coinbase Investigation Concludes There Was No Insider Trading Ahead of Bitcoin Cash Launch
Coinbase, the largest cryptocurrency exchange in The U.S. was under the much-unwanted limelight in 2017 when there were concerns that its employees had been a part of insider trading, as the exchange added Bitcoin Cash to its list of assets. Amidst crumbling pressure, Coinbase was forced to start an investigation to look further into the matter, which has reportedly come to…
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Venezuela’s Move to Crypto and away from State Sanctions and Inflation
CATEGORY: ALTCOINS, COMMENTARY, FINANCE, NEWS, REGULATION
Venezuela’s Move to Crypto and away from State Sanctions and Inflation
In order to curb inflation in Venezuela, five zeroes will be removed from the national currency, the Bolivar according to July 26, 2018, reports. Furthermore, the value of the money will reportedly be tied to the government-controlled cryptocurrency, the Petro. Venezuela before the Fall Hyperinflation has plagued Venezuela since the 2014 drop in oil prices proved to be a cataclysm…
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Bitwise Asset Management Company Files for Cryptocurrency Exchange Traded Fund
CATEGORY: ALTCOINS, BITCOIN, BLOCKCHAIN, EXCHANGE, INVESTMENT, NEWS
Bitwise Asset Management Company Files for Cryptocurrency Exchange Traded Fund
While the entire crypto verse awaits the decision of the United States Securities and Exchange Commission (SEC) concerning previous bitcoin ETF applications by other firms, San Francisco-based asset management company, Bitwise has filed for a cryptocurrency index exchange-traded fund. The fund is aimed at enabling the digital assets investment startup to handle bitcoin and nine other altcoin investments for clients,…
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MakerDAO and bZx Announce Partnership to Enable Decentralized Cryptocurrency Trading
CATEGORY: ALTCOINS, BITCOIN, BUSINESS, NEWS
MakerDAO and bZx Announce Partnership to Enable Decentralized Cryptocurrency Trading
bZx and MakerDAO are announcing a partnership where they plan to bring their protocols together, to enable decentralized trading using smart contracts running on the Ethereum blockchain. While bZx is a decentralized margin lending protocol and liquidation oracle marketplace on the Ethereum blockchain, MakerDAO is the firm that developed the Dai stablecoin. MakerDAO was the first company introducing the concept…
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Hackers Nab Fox TV Show Twitter Account to Promote Tron (TRX)
CATEGORY: ALTCOINS, COMMENTARY, NEWS
Hackers Nab Fox TV Show Twitter Account to Promote Tron (TRX)
Cryptocurrency fraudsters are always innovating the ways to scam people. This time, someone took over a famous Fox TV show Twitter account and has reportedly been promoting cryptocurrency scams since July 21, 2018. Twitter, Fox, and Tron Hackers have surreptitiously taken over the official Twitter account of FOX’s show Almost Human and since then have been using it for nefarious…
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Mike Novogratz’s Galaxy Digital Invests $52.5 Million in BlockFi to Boost Crypto Lending
CATEGORY: ALTCOINS, BITCOIN, BUSINESS, FINANCE, INVESTMENT, NEWS
Mike Novogratz’s Galaxy Digital Invests $52.5 Million in BlockFi to Boost Crypto Lending
Cryptocurrency-to-USD lending platform, BlockFi announced on July 24, 2018, that it has successfully raised $52.5 million in its latest funding round led by Galaxy Digital Ventures LLC, a New York-based asset management firm owned by Bitcoin evangelist Mike Novogratz. With the added capital, bitcoin and ether holders will now be able to enjoy fast loans with minimal interest rates. A…
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SolarisBank Begins Offering Services to Blockchain Companies
CATEGORY: ADOPTION, ALTCOINS, BITCOIN, BUSINESS, NEWS
SolarisBank Begins Offering Services to Blockchain Companies
SolarisBank, a Berlin-based fintech company offering Banking as a Platform (BaaP) services, announced to start providing traditional banking services to crypto and blockchain companies from the European Economic Area (EEA). Solving the Problem of Crypto Companies’ Limited Banking Options Most traditional banking companies in Europe aren’t very keen on providing services to companies operating in the blockchain and cryptocurrency space…
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