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Teen Crypto Millionaire Erik Finman Says Bitcoin is Dead Due to Community Fragmentation

The bear market that affected the whole crypto industry seems to have reached everyone in the space. Erik Finman, one of the youngest Bitcoin (BTC) millionaires said that Bitcoin is dead. This young investor placed $1,000 in Bitcoin back in 2011 and had around $8 million when the market was close to $20,000. According to […] дальше »

2018-12-17 01:58


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Bear-Resistant: Blockstack Reaches “Milestone 1,” Unlocks $25 Million

Despite red water market conditions, Blockstack announced on December 13, 2018, that they had “unlocked” $25 million in resources to continue their blockchain development. In a company blog post, co-founder Muneeb Ali described the necessity of an advisory board, reviewed the firm’s milestones, and explained how the newly released funds would be put to use. дальше »

2018-12-15 00:00


“Bitcoin and Litecoin are dead, but I am in love with Ethereum and ZCash”, says teenage bitcoin millionaire

Erik Finman made his first million in Bitcoin thanks to a $1,000 gift from his grandma, at the age of 12. He ended up dropping out of high school, working the cryptocurrency game, and starting his own online tutoring company – which he sold for 300 bitcoins (worth approximately $60,000 at the time). дальше »

2018-12-15 23:56


Spain’s BBVA Bank Leverages Blockchain To Finalize A $150 Million EUR Loan With Porsche Holding

Major Spanish Bank BBVA Uses The Blockchain To Close $150 Million EUR Loan With Porsche Holding Banco Bilbao Vizcaya Argentaria (BBVA), the second largest bank in Spain, has recently closed a $150 million USD loan deal with Porsche Holding, the largest car distributor in Europe and used the blockchain technology to secure the transactions. This […] дальше »

2018-12-14 20:40


French Government Recommends $570 Million USD Investment In Blockchain Via Report

French Government Recommends $570 Million USD Investment In Blockchain Via Report Looks like France is set to invest in the blockchain technology soon. A new report made by the government of France has affirmed that the government should invest at least half a billion Euros (around $570 million USD) on state-level blockchain projects from 2019 […] дальше »

2018-12-14 23:59


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YouTube Rewind 2018 hit with most dislikes ever thanks to its too-clean imagery

This year’s YouTube Rewind just surpassed a Justin Bieber song to become the most-disliked video ever made on the platform. With over 10 million dislikes, the like-to-dislike ratio would seem to be a message from the fans to the company that the squeaky-clean, frenetically scripted attempt at positivity isn’t what they want. дальше »

2018-12-13 22:21


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Кредитная платформа BlockFi привлекла $4 млн от Fidelity и Galaxy Digital

Криптостартап BlockFi, специализирующийся на выдаче кредитов под залог цифровой валюты, привлек $4 млн. Инвестиционный раунд возглавил фонд Akuna Capital, сообщается на официальном сайте компании. дальше »

2018-12-13 15:37


$133 Million Stablecoin Project of Basis is Reportedly Shutting Down

The Basis stablecoin project which had raised over $133 Million in venture capital, is reportedly shutting down and returning a vast majority of the funds to investors. Unlike other projects shutting down due to the bear market, Basis is shutting down due to regulatory hurdles as it tried to get the stablecoin project up and […] The post $133 Million Stablecoin Project of Basis is Reportedly Shutting Down appeared first on Ethereum World News. дальше »

2018-12-13 13:55


Stablecoin project Basis is shutting down and returning funds to investors because of regulatory pressure

Basis, one of the most well-known stablecoin projects, is shutting down and returning the majority of capital raised to investors, the Block reported citing multiple sources with direct knowledge. The company, which raised $133 million in funding, faced with regulators as it attempted to get its algorithmic stablecoin off the ground. As a result, Basis […] дальше »

2018-12-13 11:38


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Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement

Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes, business acquisitions and luxury items, is facing charges of transferring $3 million of client funds to his own account for investment in a software […] The post Former Mt. дальше »

2018-12-13 23:15