Category: Cryptocoin
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Sun, Fun and Crypto – Bahamas’ Central Bank Set to Introduce a Digital Currency
byThe Bahamas has joined a small list of countries that are planning to experiment with central bank digital currencies (CBCD). The country’s Deputy Prime Minister who also doubles up as Minister of Finance, K. Peter Turnquest, announced during the recently held ‘The Bahamas Blockchain and Cryptocurrency Conference’ that a pilot digital currency will be introduced by the Central Bank […]
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Crypto Tourism Is Growing – For Better or Worse
byCryptonation. Blockchain Cruise. CryptoCribs. These are just several of the names of tourism programs focused on the blockchain industry, from luxury cruises to Middle East startup tours, that are part of a growing trend targeting crypto-curious travelers. The Blockchain Cruises, organized by the tourism arm of Edinburgh, Scotland-based crypto wallet provider CoinsBank, have garnered a […]
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Irish Crypto Exchanges On The Receiving End As Banks Close Accounts
byA study conducted by Amarach Research and Red Flag recently revealed that the number of people in Ireland who currently own cryptocurrencies is around 120,000, or about 2.5% of the population. This is an increase of 300% in a period of four years. Such a remarkable growth in the adoption of cryptocurrencies in Ireland is […]
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Cambodia Issues Warning Against Unlicensed Cryptocurrency Trading
byAuthorities in Cambodia have formally warned domestic investors that they risk incurring penalties for buying, selling, or trading cryptocurrencies without getting a license first. “Any person or legal entity that propagates to mobilize funds, buys, sells, trades or settles Crypto Currencies without obtaining license from competent authorities shall be penalized in accordance with applicable laws,” […]
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NANO Issues Alert on Android App Vulnerability, Urges Users to Move Funds
byNANO, which recently rebranded from RaiBlocks in January 2018, has issued a statement alerting users about a vulnerability in their android wallet, urging them to move their funds to a new wallet. This applies to anyone who generated a wallet seed using the NANO android wallet, which was released just a few hours ago. The […]
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SEC Obtains Another Order to Freeze Plexcoin ICO Assets
byThe US Securities and Exchange Commission has obtained an additional emergency court order from a federal court in Brooklyn, New York freezing assets linked to Dominic Lacroix, the founder of PlexCoin whose assets were frozen when the its ICO was halted amid a fraud investigation in December 2017. Announcing the court order in a communique issued on […]
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Goldman Sachs CEO: It’s ‘Arrogant’ to Think Cryptocurrency Won’t be Successful
byLloyd Blankfein, the CEO of Goldman Sachs, one of the biggest investment banks in the global finance sector valued at $87 billion, has criticized skeptics that believe Bitcoin and cryptocurrency do not have a future. Open-Minded and Forward Thinking Since early 2017, Blankfein has stated that he is not yet convinced the cryptocurrency market has […]
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Singer Akon Announces Cryptocurrency and Plans for Real-Life ‘Wakanda’
byAdd Akon to the list of celebrities who are launching their own cryptocurrencies. The 45-year-old “Smack It” singer announced Monday at Cannes Lions International Festival of Creativity that he not only is launching his own crypto, “Akoin,” but also will use it in his Akon Crypto City, a 100 percent crypto-based city in Africa. First […]
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Freedom of the Press Foundation Now Accepts Cryptocurrency Donations
byCryptocurrencies are already used to pay college and university tuition fees, buy Lamborghinis, and pay for space travel. Now you can also assist in protecting journalists and whistleblowers by donating to the Freedom of the Press Foundation (FPF) using bitcoin, ethereum, bitcoin cash, litecoin, and zcash. The donations will support current projects of the free speech nonprofit […]
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Bitcoin and Altcoins Signaling Bullish Continuation
byBitcoin price formed a key bottom above USD 6,400 and jumped sharply. Ethereum, Ripple and other major altcoins moved into the green zone. FCT, ETC, SYS, Tron, ONT and many other coins registered decent gains. Bitcoin price was able to form a base around the USD 6,400 pivot level for an upward move. BTC/USD climbed […]
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