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Brits Prefer Bitcoin to Pound-Backed Crypto

Brits Prefer Bitcoin to Pound-Backed Crypto

City AM has today revealed results from a poll which indicates that half of Brits would not support the Bank of England (BoE) in launching its own cryptocurrency linked to the Pound Sterling. Bitcoin and Cryptocurrency – How do members of the public feel about a Bank of England-backed cryptocurrency? See our latest research in City AM #bitcoin #blockchain #fintech #ethereum …


Robinhood Phone App Introduces Secure Streamlined Bitcoin Trading

Robinhood Phone App Introduces Secure Streamlined Bitcoin Trading

Popular mobile phone app Robinhood is offering the ability to trade cryptocurrencies in addition to stocks on US exchanges. The app initially set out to bring investments in public limited companies to a wider demographic without the limitation of fees and minimum balances. The app uniquely collects interest on balances similar to a bank instead of taking a commission on trades. It …


Royal Couple Receive Their Own Crypto as Wedding Gift

Royal Couple Receive Their Own Cryptocurrency as Wedding Gift

Royal couple Prince Harry of Wales and Meghan Markle have parted with the norm of royal wedding gifts, accepting their very own Ethereum-based cryptocurrency. The Royal Coin will be listed as ROYL, with 5o million tokens available and a target set to raise 100,000 ETH, approximately USD 40 million. Part of the money raised through the token sale will go to …


Asia Pacific: Crypto and Blockchain News Roundup, 27th March to 5th April 2018

Asia Pacific: Crypto and Blockchain News Roundup, 27th March to 5th April 2018

Asia Pacific 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. Japan 14% of Japan’s young male workforce invest in cryptocurrencies: According to a recent study by Shin R25, more than 14% of Japan’s young male employees in the age …


Iranian Government Debate Banning Telegram App Over Recent ICO

Iranian Government Debate Banning Telegram App Over Recent ICO

Prominent figures in the Iranian government are set to debate the possible ban on popular messaging app Telegram, under the pretext that the recent initial coin offering (ICO) from the company threatens the national currency. Telegram in Iran Telegram recently held a record-breaking ICO, so far raising USD 1.7 billion that will be invested into developing a decentralized blockchain digital communication …


Texas Mayoral Candidate Proposes Funding Police With Crypto

One of the candidates running for mayor in the city of Lewisville, Texas has campaigned to finance the local police force with a cryptocurrency he dubs “Blue Coin”. Blue Coin The candidate Winston Edmonson is currently campaigning to raise funds for the local police force and offers his plan as an alternative to raising taxes on Lewisville citizens to support the …


Massachusetts Suspends 5 ICOs Citing “Unregistered Securities”

Massachusetts Suspends 5 ICOs Citing ‘Unregistered Securities’

The Massachusetts Securities ‎Division has suspended five initial coin offerings (ICOs), under the pretext that the tech firms are selling “unregistered securities”. Five ICOs suspended under Massachusetts law Massachusetts law requires digital coins to be registered as securities. The five firms issued the consent orders requiring permanent suspension include Mattervest, Pink Ribbon ICO, Across Platforms, ‎Sparkco, and 18 ‎Moons. All tech firms involved were either incorporated in Massachusetts or named …


Ethereum Tokens Surge on Coinbase Announcement of ERC20 Token Support

Ethereum Tokens Surge on Coinbase Announcement of ERC20 Token Support

Cryptocurrency exchange Coinbase has announced that it will be adding support for ERC20 tokens “in the coming months”, prompting a slight price rise across the board for ERC20 assets in trading markets. The first step will involve its “Custody” team in a process to evaluate a set of ERC20 assets to support for withdrawal and deposits. Having identified them, it …


Litecoin Payment Merchant LitePay to Cease Operations

Litecoin Payment Merchant LitePay to Cease Operations

After roughly a month of being in business, merchant processing platform LitePay from the Litecoin Foundation has abruptly ceased operations, having officially begun on 1 February 2018. Internal disputes With just over a month of operations and little to zero functional integration, the announcement still came as quite of a surprise; Keith Yong, director of operations, wrote a statement on the Litecoin Foundation …


Venezuela’s Petro Token Faces Allegations of Falsified Records

The controversial state-backed cryptocurrency of Venezuela, El Petro token, has met further contention after allegedly holding falsified records regarding the initial coin offering (ICO). Venezuelan president Nicolás Maduro reported USD 5 billion raised during the event, but both CCN and Criptomoedas Fácil report a discrepancy in the total reported and the amount possible to be raised according to the information on the whitepaper. The …


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