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Wirex Adds Litecoin (LTC) to its Payment Cards

Users of the Wirex Bitcoin debit card can now make payments with Litecoin. Wirex announced full Litecoin integration with its new Wirex LTC (Litecoin) wallet, predicting that Litecoin could become a global payment option on dozens of big brand websites in the near future. The Wirex LTC wallet will allow customers to buy Litecoin (LTC)… Continue reading Wirex Adds Litecoin (LTC) to its Payment Cards

SEC “Striving For a Balanced Approach” to ICOs

In a hearing held Thursday by the Capital Markets, Securities, and Investments Subcommittee of the U.S. House Committee on Financial Services, William Hinman, the Director of the Securities and Exchange Commission’s Division of Corporation Finance, said, “[My] division has also been focusing attention on digital assets and on Initial Coin Offerings.  As this area continues… Continue reading SEC “Striving For a Balanced Approach” to ICOs

Jewelers, Diamond Dealers Turn To Blockchain For Increased Transparency, Traceability

A consortium of gold and diamond industry leaders and IBM are launching the TrustChain initiative to trace the provenance and authenticate diamonds, precious metals and jewelry at all stages of the global supply chain, from the mine to the retailer. In addition to IBM, the firms involved in the initiative include Asahi Refining, a precious… Continue reading Jewelers, Diamond Dealers Turn To Blockchain For Increased Transparency, Traceability

Cryptocurrency Price Update: Bitcoin Futures Increase While $10,000 Resistance Holds

Despite the Mt Gox trustee seemingly ready to sell a significant amount of Bitcoin the cryptocurrency markets are showing Bullish signs. A reassuring portent for investors is the volume of Wall Street purchases via CME Group Bitcoin futures trading, say eToro. Bitcoin reached $9,740 USD this week, the closest it has been to the $10,000… Continue reading Cryptocurrency Price Update: Bitcoin Futures Increase While $10,000 Resistance Holds

Pantera Capital CEO: $40 Trillion Cryptocurrency Market Cap Is ‘Definitely Possible’

The CEO of blockchain investment fund Pantera Capital Management has made the bullish claim that the cryptocurrency market could one day balloon to $40 trillion. Speaking during a panel interview on Bloomberg Television yesterday, Dan Morehead, the chief executive and founder of Pantera Capital, said that bitcoin ‘is a screaming buy right now.’ Last December,… Continue reading Pantera Capital CEO: $40 Trillion Cryptocurrency Market Cap Is ‘Definitely Possible’

Cent Is like ‘HotorNot’ For Brains

Cent is a new project that attempts to blend the gig economy, social media and crypto. Can such a volatile mix work? Founders Max Brody and Cameron Hejazi think so, and judging from my own experience there, I think they are onto something. If Sci-Fi movies, futurists and political scientists agree on anything, its that… Continue reading Cent Is like ‘HotorNot’ For Brains

Winklevoss’ Exchange Gemini Introducing Nasdaq SMARTS market surveillance

In a blog post on the 25th April, cryptocurrency exchange Gemini have announced plans to implement Nasdaq SMARTS market surveillance in a step towards “building a rules-based marketplace” and increasing trading oversight. The Nasdaq inc. technology provides a suite of visual tools for monitoring complex market data in order to rapidly detect manipulation and malpractice.… Continue reading Winklevoss’ Exchange Gemini Introducing Nasdaq SMARTS market surveillance

Japan Online Brokerage Monex Plans New Blockchain Platform And ICO

Monex Group Inc., Japan’s third largest online brokerage, is looking to build its own blockchain platform and conduct an initial coin offering (ICO), according to a financial filing dated April 26, 2018. Monex’s Japanese division will be in charge of building the blockchain platform which will be used “for the aim of executing all the… Continue reading Japan Online Brokerage Monex Plans New Blockchain Platform And ICO

Binance Founder Denies Allegations It Breached Sequoia Capital’s Exclusivity Agreement

The founder of Binance, one of the world’s biggest cryptocurrency exchanges, has denied an allegation that he breached an exclusivity agreement with venture capital firm Sequoia Capital. In a company post published today, Zhao Changpeng issued a statement in response to a report that Zhao is being sued by Sequoia Capital after it filed a… Continue reading Binance Founder Denies Allegations It Breached Sequoia Capital’s Exclusivity Agreement

First-of-its-Kind Blockchain-Based Hurricane Insurance Policy Created for Puerto Rico

A decentralised insurance platform has announced its support for the first blockchain-enabled insurance product to tackle natural disasters in Puerto Rico. According to an announcement, Etherisc’s hurricane insurance policy uses smart contracts to take away the strain of having to deal with traditional insurance companies. The need for the new policy from the Zug-based startup… Continue reading First-of-its-Kind Blockchain-Based Hurricane Insurance Policy Created for Puerto Rico