South America: Crypto and Blockchain News Roundup, 20th to 26th July 2018
South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Brazil Football legend Ronaldinho launches own crypto: Brazilian football legend Ronaldinho has joined Neymar, Messi and James Rodriguez in launching another soccer cryptocurrency that […]
Blockchain Sentiment Survey: Crypto Embraced by All Political Ideologies
Coindesk Research has published the results from its State of Blockchain Q2 2018 research. The findings show the extent of cryptocurrency adoption across all political ideologies, notably finding the number of liberals has surpassed those with a libertarian ideology. Key findings Of 1,200 participants, the responses were broken down into categories as so: 27% liberals, 24% libertarians, 21% conservatives, 9% centrists, […]
“Dream City” International Blockchain Collaboration Between China and ConsenSys
In a world first, the Chinese City of Xiong’an will be home to a blockchain deployment program, transforming the newly-established ‘number-one urban project‘ into a “dream city”, backed by President Xi Jinping. Mega-cities Over the past three decades, urban development in China has been exploding; major cities have been receiving record levels of funding, and […]
Chinese Government Not Withdrawing From $1.6B Blockchain Fund
In the midst of a scandal involving a major partner of the Xiong’an Global Blockchain Innovation Fund, a local news report that claimed the local government will be withdrawing its financial support has been denied by the fund. Venture capital for blockchain The fund is one of the largest of its kind in China as […]
South Carolina Startups Get Green Light After Operation “Cryptosweep”
The Office of the Attorney General of South Carolina has given the go-ahead for two startups to resume business in the southern US state. The Securities Division has removed cease-and-desist orders previously served against ShipChain and Genesis Mining for being accused of being in violation of state law as part of “Operation Cryptosweep” launched by […]
Bank of Canada Reinvigorates Case for Central Bank Digital Currencies
A paper released by the Bank of Canada has brought forth a positive argument for the implementation of central bank digital currencies (CBDCs). Published on 26 July 2018, the paper written by the bank’s Senior Economist in the Funds Management and Banking Department, Mohammad R Davoodalhosseini, goes into great detail to emphasize the potential economic welfare […]
CME to Stick With Bitcoin Before Spreading the Field
CME, the world’s largest exchange operator, says that it is in no rush to list more cryptocurrencies to Bitcoin futures trading at this time. CME Group is the world’s leading and most diverse derivatives marketplace, handling 3 billion contracts worth approximately USD 1 quadrillion annually. The financial giant, which is also the owner of the […]
China Continues Sweep of Illegal Crypto Mining
With this month’s dip in the Bitcoin network hash rate as result of heavy floods in the Sichuan province of China, that country has become a focus in the mining community as the government there continues its crackdown on mining. Many of those miners moving from the flooded region had targeted the Xinjiang Uyghur Autonomous […]
HashFlare Restores Bitcoin Mining Contracts
Cloud mining provider HashFlare has announced that it is resuming SHA-256 mining contracts, which can be used to mine Bitcoin, tomorrow on 28 July 2018. This is a major reversal from HashFlare’s decision to halt Bitcoin mining and terminate all contracts on 20 July 2018. HashFlare says on its Facebook page: “Throughout the last week […]
Winklevoss Bitcoin Trust ETF Rejected By SEC
Anticipation of the first Bitcoin exchange traded fund (ETF) being approved has helped induce a Bitcoin rally that saw prices climb from USD 6,200 to USD 8,500. The most hyped Bitcoin ETF is one from VanEck and SolidX, but there are other ETFs that have been proposed to the Securities and Exchange Commission (SEC) including […]
