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Showing posts with the label 2018 at 10:26PM

Peter Thiel-Backed Tagomi to Bring Expertise to the Online Cryptocurrency Market

In a step towards mainstream adoption, Peter Thiel's venture-capital firm is backing a startup that intends to bring Wall Street electronic-trading expertise to the cryptocurrency market. Thiel's firm, San Francisco-based Founders Fund, is one of the investors behind the early-stage startup, called Tagomi ... from Google Alert - cryptocurrency https://ift.tt/2I4YSta via IFTTT https://ift.tt/eA8V8J

Iran Says National Cryptocurrency's “Experimental Model” is Ready

Iran has announced that is has developed an “experimental model” cryptocurrency , according to a report from Iran Front Page. The announcement was made by Minister of Communications and Information Technology Mohammad Javad Azari Jahromi, who reportedly told the Islamic Republic News ... from Google Alert - cryptocurrency https://ift.tt/2raXZp9 via IFTTT https://ift.tt/eA8V8J

$40 Trillion Cryptocurrency Market Cap 'Definitely Possible': Pantera Capital CEO

The founder of cryptocurrency hedge fund Pantera Capital said on Thursday that he believes the cryptocurrency market cap could one day be worth $40 trillion. Dan Morehead, who is also the firm's CEO, said in an interview with Bloomberg that he believes the fair market value of the cryptocurrency  ... from Google Alert - cryptocurrency https://ift.tt/2KiaK9p via IFTTT https://ift.tt/eA8V8J

How Hardware Wallets Can Secure Your Cryptocurrency

Cryptocurrency hardware wallets are physical devices (often times, USBs) that allows you to securely generate and store your private keys offline. The cryptocurrency world is still a very young and under-regulated world. With the amount of money flowing, and the lack of law enforcement still in the space ... from Google Alert - cryptocurrency https://ift.tt/2I1avin via IFTTT https://ift.tt/eA8V8J

Data Breach Exposes Thousands Who Bought Into a Cryptocurrency Backed by Shady John McAfee

Kromtech announced on Wednesday that Bezop, which offers its own cryptocurrency “tokens” in addition to... some sort of blockchain-based ecommerce app, left a MongoDB database wholly unsecured, exposing “full names, addresses, email addresses, encrypted passwords, wallet information, along ... from Google Alert - cryptocurrency https://ift.tt/2Khe4Bo via IFTTT https://ift.tt/eA8V8J

Crimea Plans Cryptocurrency Fund to Circumvent Sanctions, Woo Foreign Investors

Crimean authorities want to launch a cryptocurrency fund for foreign investors to circumvent the economic sanctions currently in place against the Russian-occupied territory. Georgy Muradov, the deputy prime minister of Crimea, revealed his plans on April 18. “We are discussing these schemes to ... from Google Alert - cryptocurrency https://ift.tt/2qM84bN via IFTTT https://ift.tt/eA8V8J

Authorities In Crimea Discuss Cryptocurrency Fund To Undermine Sanctions

Another news platform, Arguments of the Week - Crimea, quotes him as saying that cryptocurrency "is a way of avoiding settlements in US dollars, euros, from currency restrictions with respect to Crimea." The following day, Anatoly Aksakov, the head of the Committee on the Financial Market in Russia's ... from Google Alert - cryptocurrency https://ift.tt/2JYTzJS via IFTTT https://ift.tt/eA8V8J

The World's Biggest Porn Company Now Accepts a Cryptocurrency

A wise person once said: “as the porn industry goes, so goes the world.” OK, maybe we're using a bit of creative license here. But we might be saying it in the future. Pornhub, the world's largest publisher of pornographic content, just announced plans to accept the Verge (XVG) cryptocurrency as ... from Google Alert - cryptocurrency https://ift.tt/2JQQETg via IFTTT https://ift.tt/eA8V8J

Another initial coin offering 'exit scam' steals $660M from Vietnam's investors

A budding cryptocurrency firm located in Vietnam is accused of raising funds from an initial coin offering and disappearing with the money. Modern Tech, based in Ho Chi Minh City, set out to launch two cryptocurrency platforms: iFan for making payments between celebrities and fans, and Pincoin for ... from Google Alert - cryptocurrency https://ift.tt/2HoTf8L via IFTTT https://ift.tt/eA8V8J

Cryptocurrency Market Cap Surpasses $300 Billion On Strong Bitcoin Rally

While cryptocurrency markets are known for their high volatility and erratic behavior, this type of rapid price fluctuations are usually isolated to coins with smaller trading volumes. Keeping in mind the current market cap of BTC is estimated at $130 billion, these kinds of shifts in Bitcoin's value equate to ... from Google Alert - cryptocurrency https://ift.tt/2HhFPeF via IFTTT https://ift.tt/eA8V8J

Timothy Enneking Believes the Cryptocurrency Bear Market Is Ending

Timothy Enneking, managing director of Crypto Asset Management, LP, believes the bear market is largely over. He and other analysts believe that bears are losing their grip on cryptocurrency markets: cryptocurrencies are the green today after experiencing significant volatility since the start of this year. from Google Alert - cryptocurrency https://ift.tt/2IMtk7Y via IFTTT https://ift.tt/eA8V8J

JPMorgan sued over 'sky-high' fees for cryptocurrency buys

Brady Tucker, a Chase credit-card customer in Idaho, claims the bank began treating his cryptocurrency buys as cash advances in January rather than purchases, and charging him interest rates of as much as 30% a year and additional fees. Tucker, who is seeking class-action status for the suit filed on ... from Google Alert - cryptocurrency https://ift.tt/2HfbgGj via IFTTT https://ift.tt/eA8V8J

FCA Clarifies Stance on Cryptocurrency Offerings – Derivatives 'Likely' Require Authorization

Friday's announcement comes as the FCA seeks to clarify its stance when it comes to cryptocurrency derivatives. According to the official statement, all companies that offer – or wish to offer – services linked to cryptocurrency derivatives must comply with all rules in the FCA handbook as well as any ... from Google Alert - cryptocurrency https://ift.tt/2JtIwYD via IFTTT https://ift.tt/eA8V8J

WATCH: SA tech entrepreneur launches AI-powered investment cryptocurrency

According to Reddy, it is the world's first artificial intelligence (AI) powered investment cryptocurrency . ... Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and authenticate the transfer of funds, and operates independently from a ... from Google Alert - cryptocurrency https://ift.tt/2GDZSo7 via IFTTT https://ift.tt/eA8V8J

Chilean Banks Deny Service To Cryptocurrency Platforms, Firms Ask For Regulatory Guidance

Earlier this week, Chilean cryptocurrency trading services BUDA and CryptoMKT, which primarily facilitate the trade of bitcoin and Ether respectively, also had their bank accounts closed, per PULSO, a Chilean business publication. Banco Itaú Chile (a subsidiary of a Brazilian bank) shut down BUDA's ... from Google Alert - cryptocurrency https://ift.tt/2pV02fx via IFTTT https://ift.tt/eA8V8J

Billionaire Uber Co-Founder Launches “Eco” Cryptocurrency

The creation of cryptocurrencies are on the rise this year, and according to this 19-year-old, it's your fault if you're not a Bitcoin millionaire within the next 10 years. Now, billionaire investor and Uber co-founder Garrett Camp is joining in on the trend, as he just announced his latest project dubbed “Eco,” to ... from Google Alert - cryptocurrency http://ift.tt/2D1CDxt via IFTTT http://ift.tt/eA8V8J

SEC cracks down on cryptocurrency shenanigans, report says

US regulators apparently are pushing harder to squeeze the snake oil out of the new cryptocurrency technology. Digital currency and its underlying technology, blockchain, has the potential to refashion financial transactions and data sharing. But there are plenty of shenanigans, particularly through the ... from Google Alert - cryptocurrency http://ift.tt/2FfTYry via IFTTT http://ift.tt/eA8V8J

Israeli Supreme Court Judgement Backs Cryptocurrency Exchange

On February 26, 2018, a temporary order passed down by the Israeli Supreme Court will prohibit Bank Leumi, a corporate outfit with 250 branches across Israel, from putting limits on accounts associated with cryptocurrency . The action from the court rebukes a December 2017 decision by the bank to ... from Google Alert - cryptocurrency http://ift.tt/2FClg9B via IFTTT http://ift.tt/eA8V8J