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South Korea to Establish Digital Currency Policy-Making Department
South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising Technology “Leads Financial Innovation” As reported on The Korea Times, the country’s Financial Services Commission decided after careful consideration of the burgeoning blockchain industry and a crucial need for regulation to […] The post South Korea to Establish Digital Currency Policy-Making Department appeared first on CryptoSlate. дальше »
2018-7-23 09:00 | |
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Bitcoin Mining Services Closed by HashFlare Causing Users to Struggle to Withdraw Funds
HashFlare, a cryptocurrency cloud mining services, has shut down its Bitcoin mining service. Bitcoin Mining Payouts Lower than Maintenance Fees In a statement on the company’s Facebook page, HashFlare announced its decision to terminate its BTC mining operation. дальше »
2018-7-23 03:27 | |
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HashFlare Shuts Down Bitcoin Mining Services, Users Struggle to Withdraw Funds
HashFlare, a cryptocurrency cloud mining services, has shut down its Bitcoin mining service. The platform also terminated all related BTC mining contracts citing lack of profitability in operation. дальше »
2018-7-23 23:00 | |
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Will Cryptocurrency Custody Services Fuel Institutional Demand?
Demand for secure cryptocurrency storage services is increasing. Meanwhile, investment managers and exchanges are creating services to meet the demand. Will this, in turn, encourage more high-net-worth and institutional investment in cryptocurrencies? Traditional and high-value investors may still be wary of cryptocurrency exchanges, especially considering the frequency of major hacks. дальше »
2018-7-22 20:00 | |
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Rent24 Announces Token Sale For Developing EOS Platform
Global co-working / co-living provider rent24 is developing an EOS platform that connects users through AI. Users can promote services, share knowledge, and apply for funding with this platform. The AI is responsible for creating synergies through analyzing and matching skills, as well as suggesting tasks and rewarding accordingly. Disclosure: This is a Sponsored Article […] дальше »
2018-7-22 16:30 | |
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Ripple’s XRP Accepted by Samsung Signals ‘None Security’
The leading IT giant Samsung has announced that digital currency payments will be accepted. The development was made possible via teaming up with CopPay platform. Firstly, users that will use and benefit these services will be from 3 Baltic states. дальше »
2018-7-22 14:06 | |
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OpenBook Social Media Network to Create Internal Cryptocurrency to Rival Facebook
Social Media Platform, Openbook to Take on Facebook Through Its Potential Cryptocurrency? Netherlands-based social media platform startup, Openbook appears of have stemmed as a way to bring Facebook down. дальше »
2018-7-22 11:00 | |
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Hashflare Cloud-Mining Service Shuts Down, Users Struggle to Withdraw Earnings
According to an announcement posted on its Facebook page yesterday, the cloud-mining service Hashflare has shut down almost all of its mining operations. The site is still functional, but as of now, Bitcoin, ZCash, and Dash mining contracts are listed as “out of stock. дальше »
2018-7-22 07:53 | |
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South Korean financial regulator to fit cryptocurrency innovation in its new structure
According to Forbes, the Financial Services Commision [FSC], South Korea’s financial regulatory authority is looking to develop the cryptocurrency and blockchain space. The FSC plans to do this by restructuring itself to accommodate the existence of the Financial Innovation Bureau and to ‘proactively respond to financial innovation in the fourth industrial revolution era’. In a […] дальше »
2018-7-22 06:28 | |
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Crypto Coin use halted by the Indian Central Bank in Supreme Court case
Japan Confirms Entrance Into the Crypto Space RBI’s Argument The Reserve Bank of India (RBI), the country’s central bank, appeared before the supreme court Friday to defend its position regarding cryptocurrencies. дальше »
2018-7-22 04:49 | |
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Hashflare Cloud-Mining Service Shuts Down, Users Struggle to Withdraw Earnings
According to an announcement posted on its Facebook page yesterday, the cloud-mining service Hashflare has shut down almost all of its mining operations. The site is still functional, but as of now, Bitcoin, ZCash, and Dash mining contracts are listed as “out of stock. дальше »
2018-7-22 00:53 | |
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Coinbase Secures $20 Billion Hedge Fund and Plans to Offer Margin Financing for Institutional Investors
In early July 2018, San-Francisco based startup Coinbase launched its custodian solution for institutional investors. The leading digital asset exchange has now secured a $20 billion hedge fund to offer investors a greater variety of financial services. дальше »
2018-7-22 00:00 | |
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On Medium-of-Exchange Token Valuations
One kind of token model that has become popular among many recent token sale projects is the “network medium of exchange token”. The general pitch for this kind of token goes as follows. We, the developers, build a network, and this network allows you to do new cool stuff. дальше »
2018-7-21 23:03 | |
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XRP [XRP] to be added by Wirex, speculations of SBI partnership come into play
According to recent reports, Wirex Wallet is considering XRP [XRP] to their lineup of offered cryptocurrencies. Wirex is a service provider that offers cryptocurrency wallets tied to Visa and Mastercard services for easier use. дальше »
2018-7-21 21:27 | |
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Barclays, U.K.’s legacy bank files two Cryptocurrency patents
On 19th July, as per the U. S. Patent and Trademark office, Barclays, the British multinational investment bank, and financial services company filed two-cryptocurrency related patents. The 300-year-old heritage bank chose to be selective over digital money exchanges and distributed ledger data storage. дальше »
2018-7-21 19:11 | |
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“FOAM” – The Geospatial Cryptocurrency Primitive
Location services and mapping data have become integral parts of the real-time execution of global financial systems, enabling a near omnipresent view of the world while providing supporting digital infrastructure for a range of businesses. дальше »
2018-7-22 19:00 | |
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Cryptocurrency division has been created by South Korea’s financial service commission
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 17:21 | |
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Hashflare Crypto Cloud Mining as a Service Crashes, Millions Of Users Hurt
June 22nd of 2018, cloud mining operation stated their services would halt for maintenance, possibly being unavailable the next day as well. As the next day came, nothing was heard from the company until today when they announced their operations have ended. дальше »
2018-7-21 17:05 | |
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Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns
According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system. дальше »
2018-7-21 16:11 | |
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Blockchain Arms Race Continues as More Companies File Patents
Barclays Bank is the latest in a long line of companies that have filed blockchain-related patents as they seek to gain an edge on the newest technology frontier. The London-based financial services giant filed the two patents with the U. дальше »
2018-7-21 16:00 | |
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American Congressman Says Bitcoin Mining Should Be Made Illegal
Yesterday (18th July 2018), saw two separate House Committees discuss cryptocurrency in general, as well as specifically talking about Bitcoin. While the debates reached no clear conclusion, it has shown the general ignorance of the US’s elected officials on these topics. дальше »
2018-7-21 15:00 | |
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South Korea’s Financial Services Commission Announces Creation of Cryptocurrency Division
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 14:00 | |
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Global eTrade Services (GeTS) Launches Open Trade Blockchain Platform
Global eTrade Services (GeTS) is using the blockchain technology to connect the ASEAN countries with China’s Digital Silk Road. This initiative was launched by the Singapore-based government group CrimsonLogic. дальше »
2018-7-21 11:44 | |
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Asset Managers Look to Cryptocurrencies for Investment Opportunities
News that BlackRock, the world’s biggest asset manager is reviewing the cryptocurrency industry has opened up opportunities for many investors and ICOs. In healthcare technology, Curaizon – a pioneer of medicine adherence technologies is currently running its CuraToken (CTKN) sale to further develop and enhance its unique offering to national health services around the world. дальше »
2018-7-21 05:00 | |
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JP Morgan Chase Patents an ICO-Like System for Tokenized Stock Trading
JP Morgan Chase, a major investment bank and financial services provider, is turning to blockchain technology once again. A patent describing their new blockchain application was made public today. This time, the firm has plans to handle IPOs in much same the way that ICOs currently operate. IPOs, or initial public offerings, are events in […] дальше »
2018-7-21 04:25 | |
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Coinbase acquires $20 Billion Hedge Fund thorugh Prime Services
Major U. S. crypto wallet and exchange Coinbase has reportedly secured a $20 billion hedge fund for its custody service, Business Insider reports July 19. Coinbase launched “Coinbase Custody,” its digital assets custodian solution for large institutional investors, on July 2. дальше »
2018-7-21 01:45 | |
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London Block Exchange (LBX) and DADI Decentralized Web Services Partner
London Block Exchange Collaborates With DADI The London Block Exchange (LBX) a cryptocurrency and bitcoin primary exchange announced the partnering of them and DADI. The decentralized DADI is a web-based platform, providing various services operating on the Ethereum Blockchain. дальше »
2018-7-21 01:18 | |
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Supreme Court of India delays Crypto Banking Ban Hearing to September
A Supreme Court decision on the Reserve Bank of India’s (RBI) efforts to bar cryptocurrency firms from receiving banking services will have to wait – for now. A final hearing on the ban’s merits has been deferred to September 11, local news outlet Inc42 reported Friday. The panel of judges overseeing the case want all arguments дальше »
2018-7-21 00:07 | |
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Coinbase Reportedly Secures $20 Billion Hedge Fund Through Its Prime Brokerage Services
Coinbase has reportedly attracted a $20 bln hedge fund on its custody service, shortly after denying its own report of being approved for trading securities by the SEC
дальше »2018-7-21 22:44 | |
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Cloud Bitcoin Mining Company Hashflare Disables Hardware Mining Service
Hashflare, one of the largest bitcoin mining companies, said on Friday it is disabling its SHA-256 hardware and also discontinuing support for mining services on the active SHA-256 contracts. The move comes as Hashflare continues to struggle with generating revenues, the company said, putting the blame on market fluctuations. In an email to active customers, дальше »
2018-7-20 21:49 | |
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South Korea’s Finance Watchdog’s New Crypto Division
South Korea’s Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The FSC said the new department – dubbed the Financial Innovation Bureau – will focus on developing policy-making initiatives for the domestic blockchain and fintech industry, The Korea Times reported on Thursday. The decision to set up the дальше »
2018-7-20 21:30 | |
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South Korean Regulator Launches Initiative to Improve Relationship with Crypto
The South Korean financial watchdog, Financial Services Commission (FSC), has created the Financial Innovation Bureau to oversee and nurture the crypto sector as part of the fourth industrial revolution. дальше »
2018-7-20 21:00 | |
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Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns
According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system. дальше »
2018-7-20 20:46 | |
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Blockchain Leaders Share Commentary on Congressional Hearings on Cryptocurrency
Both the Congressional Agriculture Committee and the Financial Services Committee held hearings on the future of digital assets and cryptocurrency. Please see comments from leaders in the industry including Deepak Jain, CEO of Swych, Kalin Stoyanchev, Project Lead of RNDR, Al Burgio, Founder and CEO of DigitalBits, Josh Garcia, Co-founder of Ketsal Consulting and Principal […] дальше »
2018-7-20 20:28 | |
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India's Supreme Court Pushes Crypto Banking Ban Hearing to September
A Supreme Court decision on the Reserve Bank of India's efforts to bar crypto firms from receiving banking services has been pushed to September. дальше »
2018-7-20 19:30 | |
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South Korea's Finance Watchdog Is Forming a Crypto Division
South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain. дальше »
2018-7-20 18:30 | |
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Bitcoin investors are gambling on BTC’s value for no social benefit, says Congressman
During the recent financial services committee hearing at the U.S Congress, a Congressman named Brad Sherman suggested a ban regarding the buying and mining of cryptocurrencies by US citizens. He also strongly believes that cryptocurrencies take resources away from various other required areas and are used to facilitate criminal activities. Brad Sherman stated: “Cryptocurrencies offer […] дальше »
2018-7-20 18:28 | |
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JPMorgan: Ripple, Bitcoin, Ethereum, Gardona, Dash, Litecoin stay here
This prediction by JPMorgan has been mentioned in an internal report of the American multinational investment bank and financial services company, headquartered in New York City. Various executives, including the CEO of the company Jamie Dimon, have clearly stated that they believe that cryptocurrency is actually a fraud. However, the internal report holds an entirely different дальше »
2018-7-20 18:24 | |
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The Daily: Minsk Considers Regulations for Exchanges, Qiwi gives Tokens as Employee Incentives
We’ve covered the decision of the Russian payment provider Qiwi to motivate its employees with tokens. The Hi-Tech Park in Minsk (HTP) is currently developing standards for companies operating crypto exchanges and providers of services related to issuing and placement of tokens. дальше »
2018-7-20 18:06 | |
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U.S. Rep. Brad Sherman’s Negative Stance on Bitcoin Is Loud and Clear
Wednesday’s US House Committee hearing on financial services and Bitcoin was not exactly successful. In fact, it was another example of how biased some politicians are when it comes to new forms of money. дальше »
2018-7-20 17:00 | |
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The Dark Side of Cryptocurrencies Highlighted yet Again at House Hearing
US senators are not convinced that cryptocurrencies could be used for positive purposes. During a House Financial Services Committee hearing titled ‘The Future of Money: Digital Currency,’ four witnesses spoke before the house to highlight the state of cryptocurrency. дальше »
2018-7-20 14:59 | |
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How pay-as-you-go solar solutions can electrify Africa — and generate profits for you
Over 1. 1 billion people have no access to electricity worldwide. Instead, they rely on kerosene lamps, candles, and inefficient cookstoves, which by themselves cause health and environmental problems. дальше »
2018-7-20 14:43 | |
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OKEx Cryptocurrency Exchange Lists Cardano (ADA) On Its Platform
One of the largest digital asset exchange platforms, OKEx has added Cardano cryptocurrency asset to its exchange platform. OKEx is a digital asset exchange that provides financial services to global traders who uses blockchain technology. дальше »
2018-7-20 14:07 | |
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Online Payments Company Abandons Blockchain Technology for Being ‘Impractical’ and ‘Overhyped’
Established online payments processing company Stripe previously supported cryptocurrency, even releasing a Bitcoin exchange tool back in 2015. But now it seems that it has changed its stance on the matter. дальше »
2018-7-20 13:59 | |
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Cloud Mining Platform HashFlare Stops Services, Disables Equipment on SHA-256 Contracts
Cloud cryptocurrency mining service HashFlare announced July 20, that it is stopping mining services and shutting down hardware on current SHA-256 contracts due to difficulty generating revenue. HashFlare is a cloud cryptocurrency mining platform founded in 2013. дальше »
2018-7-25 12:24 | |
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Vaultbank Adds Free Trading To A Merged Stock And Digital Assets Platform
Vaultbank has announced the addition of free stock trading to its forthcoming launch in an effort to expand its goal of converging traditional investments and digital assets. This new feature, advanced by a strategic partnership, is in addition to existing features that will allow trading of utility and security tokens. With this merging of services […] дальше »
2018-7-20 11:10 | |
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