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About author: Andrew O Malley

$30 Million Worldwide Blockchain Investment Fund Launched by Mobile Game Developer

Category: Altcoins, Blockchain, Entertainment, Finance, News

$30 Million Worldwide Blockchain Investment Fund Launched by Mobile Game Developer

Gumi, a Japanese-based mobile game developer that has created some landmark titles such as Brave Frontier, are now getting into the blockchain space. They announced the launch of their new worldwide blockchain investment fund worth $30 million. They have called the fund Gumi Cryptos, and it will make investments in blockchain technology and cryptocurrency-related firms. They clearly see the massive…

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Bittrex Gets Green Light to Allow Customers to Buy Bitcoin Using US Dollars

Category: Altcoins, Bitcoin, Business, Ethereum, Finance, News

Bittrex Gets Green Light to Allow Customers to Buy Bitcoin Using US Dollars

Allaying some of the fears surrounding the impact on Bittrex in case of the implosion of Tether, bitcoin and altcoin exchange announced the acceptance USD fiat deposits for some customers on May 31. One of the main issues that a lot of cryptocurrency exchanges have when it comes to attracting people who are new to the sector is the difficulty…

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331 Crypto Investors in Japan Made Profits of at Least $1 Million in 2017

Category: Altcoins, Bitcoin, Ethereum, Finance, News

331 Crypto Investors in Japan Made Profits of at Least $1 Million in 2017

2017 was a year in which many crypto millionaires were made across the world. Thanks to the explosion in the values of most digital currencies, investors saw significant gains from their investments. $380 Million in Taxes Outside of Employment Reports from Japan indicate that 331 crypto investors made profits of at least $1 million as a result of their trading…

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New Bitcoin Core Creators Praise Roger Ver as their Best Advocate

Category: Altcoins, Bitcoin, Business, Finance, News

New Bitcoin Core Creators Praise Roger Ver as their Best Advocate

Bitcoin was the first ever cryptocurrency, and its creation paved the way for hundreds and thousands of different digital currencies. In theory, it was an ideal currency as it promised fast transaction times, low processing fees and anonymity for the two parties involved in the transaction. In reality, however, things weren’t always so smooth. By mid-2017, the transaction times touched…

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Huobi Crypto Exchange Set to Launch in the US and Gets FinCEN Registration

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Huobi Crypto Exchange Set to Launch in the US and Gets FinCEN Registration

In a sign that the crypto sector is beginning to focus on staying on the right side of the authorities, the United States-based operations of the Huobi cryptocurrency exchange has registered in the category of being a ‘money services business’ with the US government. This announcement comes as they prepare to expand their crypto-to-crypto trading in the near future. Registration…

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BitFlyer and Luxury Car Firm Partner to Accept Bitcoin Payments

Category: Bitcoin, Business, News, Tech

BitFlyer and Luxury Car Firm Partner to Accept Bitcoin Payments

While the likes of bitcoin has become more and more popular as a form of payment for goods and services in recent times, it still has a long way to go before there is mass adoption. Many vendors, for instance, don’t have the know-how or desire to deal with accepting payments in cryptocurrencies, especially when the markets can be so…

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Task Force Launched in the UK to Look at Pros and Cons of Cryptocurrency

Category: Altcoins, Bitcoin, Commentary, News, Regulation

Task Force Launched in the UK to Look at Pros and Cons of Cryptocurrency

Across the world, there have been scrambles taking place by the authorities to get comprehensive regulations and oversight controls in place for the digital currency sector. Announced March 22, the UK will set up a cryptocurrency ‘task force.’ A number of regulatory agencies were caught on the back foot with the explosion in growth of cryptocurrency during 2017. They are…

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United States Postal Service Set Use Blockchain Technology to Backup Data

Category: Bitcoin, Blockchain, Business, News, Tech

United States Postal Service Set Use Blockchain Technology to Backup Data

While U.S. government bodies have largely been skeptical regarding cryptocurrencies, they do see the critical role blockchain technology could play in the way they operate. Postal Service Blockchain Patent Proposal The United States Postal Service (USPS) is the latest government body looking to embrace the innovation underpinning Bitcoin. The national mailing service is currently considering utilizing a blockchain to help…

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Twitter is the Latest Ad Network to Ban Crypto Ads

Category: Altcoins, Business, News

Twitter is the Latest Ad Network to Ban Crypto Ads

Coming on the back of decisions by Facebook and Google, Twitter is expected to implement a ban on cryptocurrency-related ads in the coming weeks. It was reported that these changes would come as part of a new policy which will be introduced over the coming two weeks. Twitter’s ban will see any ads related to initial coin offerings (ICOs), crypto…

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Japan Leads the Way in Proposing G20 Action to Stop Crypto-Related Money Laundering

Category: Altcoins, Bitcoin, Finance, News, Regulation

Japan Leads the Way in Proposing G20 Action to Stop Crypto-Related Money Laundering

The G20 heads again on March 19, 2018, and one of the leading topics up for discussion will naturally be related to cryptocurrencies. In particular, Japan is urging their fellow G20 members to universally speed up their attempts to stop digital currencies as a tool for money laundering. Details of the Upcoming G20 Meeting It is believed that the chances…

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