#cryptocurrencies News

The UK’s Royal Mint Produces First Cryptocurrency

July 15, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Temtum, a crypto project developing a quantum-secure, decentralized blockchain network called Temporal, has created the genesis block for its temtum (TEM) altcoin using the infrastructure of the Royal Mint. The startup has also stored temtum’s private keys in the vault of the Royal mint ahead of its official launch on...

Someone Sent $99 Million in Litecoin, Costing Just $0.40 in Fees

Charlie Lee Sounds Bubble Alarm less than a Month before Litecoin Halving

July 11, 2019 by Ashwath Balakrishnan at Altcoins

The creator of Litecoin (LTC), Charlie Lee, has warned investors of a potential bubble when the upcoming halving event occurs. He further warned investors seeking crypto exposure that it is still incredibly young and the volatility is an innate feature of the asset class, as reported by Micky, July 10,...

Overstock’s tZERO Tokenizes First Hollywood Movie

July 10, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

tZERO, a majority-owned subsidiary of Overstock.com aimed at using distributed ledger technology (DLT) to strengthen the capital markets, has joined forces with the producers of the upcoming Atari movie. The two will tokenize the first major theatrical motion picture, according to a press release on July 9, 2019. Atari Movie...

Indian Elephant and Chinese Dragon Both Looking to a Libra Coin

China and India Are not Comfortable with Libra, Need More Information and Clarity

July 10, 2019 by Ashwath Balakrishnan at Altcoins

China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People's Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July...

Fidelity Is Bringing Cryptocurrency Trading to Institutional Investors

Fidelity International Readies Cryptocurrency Rollout

July 8, 2019 by Ashwath Balakrishnan at Altcoins

Fidelity International, the investment service provider's European and Asian branch, is exploring its customers' perception of cryptocurrencies through the launch of a trading simulator dedicated to cryptocurrencies, as reported by FN London on July 8, 2019. Digital Currency Simulator This move comes amid Fidelity USA taking all the right steps to...

Bitcoin Holding Broom Cleaning Texas State Board Room

The Texas State Securities Board Is Back on Crypto Patrol

July 5, 2019 by Ashwath Balakrishnan at Commentary

After a statewide sweep in December 2017, Texas' securities regulator will begin a second sweep of the entire state to find and shut down any illegitimate cryptocurrency schemes run by unlicensed companies and individuals, as reported by CrowdFund Insider, on July 4, 2019. Regulators Have Reawoken Those in the crypto...

Cuba Looking to Circumvent U.S. Sanctions with Cryptocurrency

July 4, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

In a bid to find out the best possible ways to effectively weather America's severe economic sanctions, the Cuban government has begun studying cryptocurrency in collaboration with blockchain experts and academics, according to a Reuters report on July 3, 2019. Cuba May Launch Own Cryptocurrency Per sources close to the...

Dutch Authorities Set to Draft Stricter Anti-Money Laundering Laws

July 2, 2019 by Ogwu Osaemezu Emmanuel at Regulation

In a bid to make it harder for drug traffickers, fraudsters, and other bad actors to launder money both in the form of cryptocurrency and fiat, the Netherlands’ Minister of Finance, Wopke Hoekstra, and Minister of Justice, Joseph Grapperhaus, have submitted new anti-money laundering (AML) proposals to the nation’s Lower...

An In-Depth Analysis of Facebook Libra

July 2, 2019 by Jefferson Nunn at Altcoins

Since Facebook announced its Libra cryptocurrency, the news on the subject has been nonstop. Pundits like Max Keiser have said, “virtually all alt-coins have no reason to exist post-Libra.” Others like Peter Schiff have said that Libra “is a complete repudiation of Bitcoin.” In this review, BTCManager will tear apart...

Clock Ticking India Flag Bitcoin Watch Green Orange White

In an Open Letter to Prime Minister Modi, CoinRecoil’s Founder Doesn’t Hold Back

July 1, 2019 by Ashwath Balakrishnan at Regulation

CoinRecoil, a defunct Indian cryptocurrency exchange, had earlier filed a writ petition against the RBI circular to ban crypto firms from using traditional banking services. Kunal Barchha, the co-founder of the exchange, wrote an open letter to Prime Minister Narendra Modi, detailing all of his concerns and frustration, as reported...

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