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Placeholder VC Puts Money on Decred to Rival Bitcoin

May 22, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Finance, News, Tech

Digital currency investment capital firm Placeholder VC has invested in Decred, a digital currency that works on the hybrid of proof of work and proof of stake consensus. Chris Burniske, who was the author of cryptocurrency valuation book ‘Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond’ is a partner...

BlockShow Europe 2018 Welcomes Wikipedia Founder Jimmy Wales to their Major Blockchain Conference

May 22, 2018 by Guest Post at Press Releases

After an eventful two months of hosting blockchain meetups across Europe, Blockshow is bringing their journey to a close with the featured conference, BlockShow Europe 2018. For the main conference in Berlin (May 28-29), over 80 blockchain experts will share insights from their expertise on a wide range of blockchain...

Papua New Guinea Works With U.S. Blockchain Startup to Operate Special Economic Zone

May 22, 2018 by Cindy Huynh at Blockchain, Business, Finance, News, Regulation, Tech

Ledger Atlas, a US-based blockchain firm founded by Tim Draper’s mentees, Jack Saba and Shane Ninai, recently signed a Memorandum of Understanding (MoU) to “develop and operate”a special economic zone(SEZ) in Papua New Guinea. The economic zone will function like a “free market that pushes all [participants] to provide the...

Vanguard Economist Warns Of Bitcoin Implosion to Zero

May 22, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Commentary, Finance, News

Vanguard's Global Chief Economist and Global Head of Vanguard Investment Strategy, Joe Davis believes the price of bitcoin is headed to Zero. The sentiments come as a surprise given that many high profile investors that had similar views over the past year have had a change of heart. Bitcoin (BTC)...

LMAX Exchange Launches Cryptocurrency Exchange For Institutional Investors

May 22, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Ethereum, Finance, News

LMAX Exchange is launching a cryptocurrency exchange called “LMAX Digital Venue” for banks and hedge funds. The UK trading platform will enable institutional investors to purchase and sell cryptocurrencies like bitcoin (BTC), ether (ETH), litecoin (LTC), ripple (XRP), and bitcoin cash (BCH). Meeting a Growing Demand “We are furthering the...

What Do Free Markets Advocates Think About Bitcoin?

May 22, 2018 by Alex Lielacher at Bitcoin, Blockchain, Commentary, Finance, News, Tech

What libertarians, anarcho-capitalists, and proponents of the Austrian school of economics, all have in common is their love for free markets and disdain for state intervention. Many evangelists of these schools of thought have thus publicly praised decentralized digital currencies, such as bitcoin, as they provide individuals with personal financial...

Central Bank of Norway to Develop Digital Currency Following Decline in Cash Usage

May 22, 2018 by Pratik Makadiya at Altcoins, Finance, News, Regulation

Prompted by the decline in cash usage, Norges Bank, a central financial institution of Norway, is looking forward to developing its own cryptocurrency. As per Norges Bank’s recent report, dubbed the “Central Bank Digital Currency”(CBDC), plans to act as an alternative to fiat currency to “ensure confidence in money and...

Extended Opportunity to Join the Essentia Whitelist

May 22, 2018 by Guest Post at Press Releases

On Wednesday, May 23, 2018 20:00 (SGT), Essentia is planning to open the whitelist for an addition of 20,00 applicants. The KYC/AML procedure was recently opened for applicants interested in taking part in the Essentia ICO. Shortly after the announcement, Essentia received more than 100,000 applications for the whitelist. Due...

China To Crackdown on Both National and International Bitcoin Exchanges

China’s Cybercrime Watchdog Finds 421 Fraudulent Cryptocurrencies

May 22, 2018 by contributor at Altcoins, Crime, Finance, News, Regulation

In recent years, the cryptocurrency space has undoubtedly drawn considerable attention, with media reports generally focusing on the monetary aspect of digital assets, as opposed to its underlying blockchain technology. However, investors looking to make a quick buck have been targeted by hackers and scammers, either with the lure of...

Cryptocurrency Platforms Looking to Apply for U.S. Banking License

May 22, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News, Regulation

There are reports that some cryptocurrency firms in the U.S. are mulling the possibility of obtaining banking licenses in the country. While crypto regulations remain an ongoing process, such a move would signal a new paradigm for these firms and the market as a whole. A banking license would afford...

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