Monthly Archives: August 2018

Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in Crypto Startup

Queensland, Australia is giving away millions with its Ignite Ideas fund. This week, it posted details regarding the AUD$8.3 million grant ($6.1 million USD). Something like 70 regional companies shared the bounty, including a cryptocurrency startup, Travelbybit, which managed to snag AUD$100,000 on its way to promoting tourism using crypto.  Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton Part of Queensland, Australia’s $6.1Mil Goes to Travelbybit “Tourism is one of Queensland’s most important industries,” Innovation Minister Kate Jones announced. “Travelbybit has […]

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TokenPay (TPAY) CEO, Security Guru John McAfee, Two Others, To Debate Crypto Adoption

TokenPay (TPAY) CEO, Derek Capo, and veteran security Guru, John McAfee, with CEO of ModernChain and Oninute.Tech are going to be debating cryptocurrency adoption on Youtube. The programme comes up on Thursday August 9th 2018 at 5pm EST (11pm CEST), and will involve cerebral bigwigs in the cryptocurrency world debating the much needed adoption. The debate section is pioneered by Keith Wareing, a renowned successful entrepreneur and crypto-enthusiast who oversees a popular Youtube channel. Thursday August 9th 2018 at 5pm EST (11pm CEST) join the Live Crypto […]

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Blockchain States Lure Citizens with Political Nostalgia and Voting Rights

If you’ve ever thought of acquiring a digital, virtual citizenship, there are a couple of new options on the table – a ‘Satoshi Nakamoto Republic’ and a ‘Soviet Land’ on blockchain, among others. True, ‘crypto passports’ often come with coin offerings that you might not necessarily be interested in — But the blockchain republics also promise social justice, new or forgotten models of governance, voting rights for every citizen.   Also read: This ICO Project Wants to Detokenize Itself ‘Soviet Land’ to Issue its Own Crypto Ruble The […]

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VeChain (VEN) Partners With Largest Telecommunication Company In Japan

Not long that Ethereum World News reported that VeChain (VEN) is being tapped by the Chinese Government to provide drugs and vaccines traceability solution to the whole China, the blockchain company has revealed that in its efforts to dish out more traceability solutions and state of the art use cases, it is partnering with NTT Docomo, the largest telecommunication company in Japan. VeChain, in a release today declared that it had been selected by NTT Docomo to be among the first batch of partners for the 5G […]

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Here Is How SBI’s XRP-centric VCTRADE Plans On Becoming Number One

From as early as May this year, the CEO of SBI Holdings, Yoshitaka Kitao, continually believed that the VCTRADE cryptocurrency exchange will become number one in terms of trading and total user expereince. He is quoted as saying: When we do it, it will be number one in the blink of an eye so quickly, so even if a tremendous number of customers come, we can build a system that can bear. We have to pursue safety thoroughly. VCTRADE was launched publicly on the 17th of July and was […]

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Okex Socializes Loss From Over $400 Million Bet Among BTC Futures Traders

Anyone getting involved with leveraged trading must assume upon themselves the risks associated with the potentially highly rewarding practice. A recent event should remind traders that, sometimes, even when the trade goes your way, you can still take a hit. Okex socialized one trader’s massive loss on BTC futures with a clawback. Also Read: The Weekly: China Hires Cryptographer, McDonald’s Unveils Maccoin, Bitmain Gets Richer Forced Liquidation Okex, the Chinese-run cryptocurrency exchange based in Hong Kong, has announced on Friday that “an enormous long position” in BTC0928 […]

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Bitpico Cashes Out, Claiming BTC to Be “World’s Most Manipulated Commodity”

Bitpico, a controversial mischief-maker within the world of bitcoin, has allegedly rage-quit BTC altogether. The pseudonymous entity, who has previously caught attention for stress-testing the Bitcoin Cash network and trying to keep Segwit2x alive, has now reportedly washed his hands of Bitcoin core altogether. There remains the possibility, however, that it’s merely the latest publicity stunt from a notorious troll. Also read: A Character Called Bitpico Thinks He Can Stress-Test the BCH Network Bitpico Allegedly Rage Quits on Bitcoin Core Bitpico was last in the news six weeks […]

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Bitcoin Falls under $7,000 – Bitcoin Talk Show #LIVE (Skype WorldCryptoNetwork)

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UBS: ‘Lack of Stability’ Preventing Bitcoin Going Mainstream

Bitcoin (BTC)–One of the world’s largest investment banks has commented upon the rise of cryptocurrency, and found fault with the scalability and price volatility associated with Bitcoin. The Union Bank of Switzerland, an investment bank and financial services company, has joined the list of Bitcoin detractors who point out the obvious flaw with the currency: price volatility will continue to repulse the average person from using it as a form of money. As reported by CNBC, UBS strategist Joni Teves wrote in a letter to clients that […]

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‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help

South Korean police have asked Interpol for help with an investigation into the fraudulent token sale of Shinil Gold Coins that were claimed to be backed by the “treasure” on the sunken Dmitrii Donskoi. Local media reported that the sale raised an estimated $53.5 million from about 124,000 investors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Treasure Ship Without Treasure South Korean company Shinil Group announced on July 18 that it had discovered the shipwreck of Russian battleship Dmitrii Donskoi that was scuttled in 1905. The company […]

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