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BITCOIN PRICE: 6,441.19     HIGH: 6,473.00     LOW: 6,354.26

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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Web3 Summit Pt.2: Buidlers and Toolboxes

Category: Blockchain, Development, Ethereum, News, Platform, Tech

Web3 Summit Pt.2: Buidlers and Toolboxes

The first day of discussions at the Web3 Summit outlined many of the features of the emerging, platform, and incoming iterations of the Internet. It offered a slew of analogies to help attendees grok the implications of decentralization and blockchain technology. It was above the protocol and provided the spiritual optimism for the entire landscape. Day two, was similarly inspiring,…

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Forbes Launches CryptoMarkets, a Cryptocurrency Price Aggregation Website

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

Forbes Launches CryptoMarkets, a Cryptocurrency Price Aggregation Website

In a press release dated October 22, 2018, Forbes announced that it would be licensing its brand to a new cryptocurrency website, titled Forbes CryptoMarkets.  Standing out from the Competition The platform has been developed in collaboration with private investment company NewCity Capital and blockchain startup trade.io. The portal is set to serve real-time pricing data for the top 200 cryptocurrencies,…

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Hollywood Actor Johnny Depp Pens Development Deal with $500 Million ICO TaTaTu

Category: Adoption, Altcoins, Blockchain, Business, Entertainment, News

Hollywood Actor Johnny Depp Pens Development Deal with $500 Million ICO TaTaTu

Pirates of the Caribbean superstar Johnny Depp has signed a development deal with TaTaTu, a tokenized social entertainment platform founded by Andrea Iervolino, co-founder of AMBI Media Group. Reporting on October 22, 2018, Hollywood Reporter revealed that the deal commits both parties to produce film and digital content together. Partnership Scope between Depp and TaTaTu According to Hollywood Reporter, the…

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Albanian Government Considers Following Malta’s Lead with Crypto Regulation

Category: Altcoins, Business, News, Platform, Tech

Albanian Government Considers Following Malta’s Lead with Crypto Regulation

Albanian Prime Minister Edi Rama has indicated that the country is considering setting up a comprehensive crypto regulation framework in Malta as the country’s government seeks to improve its competitiveness, diversify its economy and attract crypto businesses to the tiny Balkan country. Speaking on October 22, 2018, Rama stated that cryptocurrencies could create a lot of opportunities for Albania and…

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Hong Kong: National Stock Exchange Calls for Fintech and DLT Laws

Category: Altcoins, Blockchain, Finance, News, Platform, Tech

Hong Kong: National Stock Exchange Calls for Fintech and DLT Laws

The Hong Kong Stock Exchange (HKEX) has published a paper on October 18, 2018, arguing that the nation’s existing financial laws should apply to Fintech, cryptocurrency and distributed ledger technology (DLT) ecosystems. Similar Regulatory Framework In a 26-page research report titled: “Financial Technology Applications And Related Regulatory Framework,” the HKEX, noted that since Fintech and blockchain technology are utilized by…

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Chinese Authorities Propose the First Set of Blockchain-Specific Regulations

Category: Altcoins, Business, News, Regulation, Tech

Chinese Authorities Propose the First Set of Blockchain-Specific Regulations

The Cyberspace Administration of China (CAC) published a draft policy framework on Oct 19, 2018, to regulate blockchain-powered services in the country. The leading internet censorship agency said it is open for public feedback till November 2, 2018, before finalizing the implementation of the new policy. First Step Toward Blockchain Regulation? If implemented, the new policy dubbed “The Regulation for…

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Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt

Category: Bitcoin, Mining, News, Platform

Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt

GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business. Giga-Watt Lays off 80 Percent of Staff and Suspends Construction…

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$50 Million ICO Stopped by Australia’s Securities Watchdog

Category: Altcoins, Blockchain, Ethereum, News, Platform, Tech

$50 Million ICO Stopped by Australia’s Securities Watchdog

The country’s securities regulator has halted global Tech Exchange’s initial coin offering (ICO) project planning to raise as much as US$50 million, the company announced on October 22, 2018. Watchdog Halts ICO Australia’s main financial regulatory body has halted an ICO that was planning on raising $50 million to commence the process of tokenization. The ICO, initiated by Global Tech…

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EY Report: 86 Percent of ICO Tokens Are Now Below Their Listing Price

Category: Altcoins, Exchange, Finance, News, Platform, Tech

EY Report: 86 Percent of ICO Tokens Are Now Below Their Listing Price

According to a 2017 ICO report by Ernst and Young (EY), published on October 19, 2018, 86 percent of the tokens from ICOs in 2017 are currently below their listing price, with 30 percent having lost all of its value. Demand For ICOs Continues to Grow in 2018 According to the EY report, while ICOs were a popular and new…

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Visa Looking to Launch Blockchain Solution for B2B Cross-Border Payments

Category: Altcoins, Business, Finance, News, Platform, Tech

Visa Looking to Launch Blockchain Solution for B2B Cross-Border Payments

In a bid to make it easier for financial institutions to send cross-border payments globally, in a fast, secure and cost-efficient way, Visa is joining forces with IBM and Bottomline Technologies to launch its B2B Connect distributed ledger technology (DLT) solution powered by Linux Foundation’s Hyperledger Fabric framework by the first quarter of 2019, reported Finextra on October 22, 2018….

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Press releases:

MultiDecentralized Private Blockchains Network Powered by Optherium

Xsolla Adds Mobilego (MGO) as New Payment Method for Developers and Gamers Globally

Mileage points of the 21st Century: Spend, Sell, and Exchange with M2O

The Power of HODL

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