Tagged: cryptocurrency

Secretary of the Treasury Mnuchin Sanctions Venezuelan Officials Targeting Petro Cryptocurrency

This week, the White House issued an executive order that banned any US citizens or entities from participating in the Venezuelan Petro Coin. The creation of the cryptocurrency based off of Venezuelan oil was a response to the economic crises that has been brought upon… Read More

Twitter Set to Join Google & Facebook in Banning Cryptocurrencies & ICOs Advertisements

Social media giant Twitter is set to ban almost all cryptocurrencies and initial coin offering (ICOs) advertisements. According to SkyNews, Twitter may release a new advertising policy in two weeks that will prohibit advertisements for ICOs, token sales, and cryptocurrency wallets globally. The media outlet also revealed that… Read More

President Trump Signs Executive Order to Ban Venezuela’s Petro Cryptocurrency

Less than two months after Venezuela issued a white paper on its proposed cryptocurrency, Petro, President Trump has signed an executive order that bans the controversial cryptocurrency. As previously reported, Petro’s background dates back to “proposals for global financial and monetary coordination prior to the hegemony… Read More

Payza Integrates DASH as Second Accepted Cryptocurrency, Celebrates Launch with Promotion

Dash, a digital currency for payments, has partnered with Payza, an international online payment provider, to reach over 13 million users in 190 countries. The partnership allows users to send and receive Dash to and from other Payza users, spend it at 100,000 e-commerce retailers,… Read More

Head of European Banking Authority Says the Regulate and Restrict Approach to Fintech is Ineffective

Let Fintech Innovation Reign The Head of the European Banking Authority, Andrea Enria, delivered a fascinating speech last week in Copenhagen. Enria addressed the challenge of appropriate regulation when it comes to innovation in finance. Fintech needs freedom to grow and evolve and slapping on… Read More

EU Roundtable: Blockchain Good. Cryptocurrencies Risky

In a speech today delivered by European Commission Vice President Valdis Dombrovskis, the public official commented on the the EU Roundtable on Cryptocurrencies. The “debriefing” was light on details and simply shared a high level perspective of the discussion. Dombrovskis said the mission of the… Read More

Fit Pay Now Taking Pre-Orders For Contactless Payment Device for Cryptocurrencies “Flip”

Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ), announced on Thursday it is now accepting pre-orders for Flip, a new contactless payment device that will enable cryptocurrency holders to use the value of their currency to make purchases at millions of retail locations…. Read More

Japanese Cryptocurrency Exchange Zaif Has a Glitch; Causes Price of Coins to be Sold at $0

On Tuesday, Japanese cryptocurrency exchange Zaif announced it experienced a glitch last Friday that caused the exchange to price coins at $0, meaning users were able to buy digital currencies for free. The platform, which is powered Tech Bureau Corp, and registered by the Japanese government,… Read More

CoinLion Announces Digital Asset Management Platform Development & Cryptocurrency Exchange Is Underway After Completing ICO Round

CoinLion (Token Name/Symbol: LION) announced on Wednesday its initial coin offering (ICO) round has closed and development of its digital asset management platform and cryptocurrency exchange is currently underway. While sharing details about the platform’s development, Joshua DeWitt, CEO of Co-Founder at CoinLion, stated: “We… Read More

Valentine’s Day Crypto Art Sells for $1 Million on GIFTO

“A rose by any other name would smell as sweet” As we reported last week, GIFTO has partnered with artist Kevin Abosch in the creation, and sale, of a digital valentine. The “Forever Rose” art was sold for $1 million in cryptocurrency to a group… Read More

Pundi X Announces Partnership With Cryptocurrency Exchange Platform Coinnest

  Pundi X (CURRENCY: PXS), a cryptocurrency point-of-sale (“POS”) solution provider announced over the weekend it has formed a partnership with  Coinnest, which is described as the fourth largest cryptocurrency exchange platform in Korea, announced a strategic partnership. According to Pundi X, Coinnest will be the first Korean… Read More

Matchpool’s Dan Timsit Discusses New Cryptofunding Platform Fund0x: “By the Community, for the Community”

Envisioning itself as the “go-to platform for building new partnerships, finding love or jobs and building new products” with the assistance of the community, Tel Aviv- based Matchpool has launched a new social platform seeking and sourcing crypto from the crowd called fund0x.  The cryptocurrency-only site… Read More

deVere Launches Cryptocurrency App with Bitcoin Predictions

Independent financial advisory organization, deVere Group, announced on Monday it has launched a cryptocurrency app, deVere Crypto, that has bitcoin prediction. According to the company, the new app will allow users to store, transfer and exchange currently three major cryptocurrencies, namely Bitcoin, Ethereum, and LiteCoin.  While sharing more… Read More

Follow that Unicorn! Coinbase Nabs $1B Revenue during 2017

Coinbase, co-founded by Brian Armstrong and Fred Ehrsam, provides support for Bitcoin, Ethereum and Litecoin in 32 countries, with over 10 million customers served and over $50B in digital currency exchanged. Now the six year-old digital wallet and crypto-exchange Coinbase has reportedly crossed $1 billion in revenue… Read More

Determined: Venezuela Issues White Paper on Controversial Proposed Petro Cryptocurrency

Venezuela has issued a White Paper on its proposed cryptocurrency Petro (PTR). Petro has its origin in former President Hugo Chavez’s controversial idea of a strong currency backed by raw materials, in this case, petroleum; Venezuela is recognized as having the largest oil reserves in the… Read More

Hong Kong’s Financial Services and Treasury Bureau & Investor Education Centre Launch Public Education Campaign on ICO & Crypto Risks

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and the Investor Education Centre (IEC), a subsidiary of the Securities and Futures Commission (SFC), jointly launched a public education campaign today on the risks associated with ICOs and cryptocurrencies. The campaign aims to provide the… Read More

Facebook Bans Ads For Bitcoin, Cryptocurrencies, & ICOs

On Tuesday, social media giant Facebook announced it is officially banning all ads concerning bitcoin, other cryptocurrencies, and initial coin offerings (ICOs). Facebook Product Management Director, Rob Leathern, stated the platform’s team has created a new policy that prohibits ads that promote financial products and services that are frequently… Read More

Fineqia Announces Investment in Blockchain Company Nivaura

Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) announced on Monday it has made a cash investment for an equity stake in Nivaura, which recently demonstrated the world’s first crypto-currency denominated bond issuance that was cleared, settled and registered entirely on a public blockchain. According… Read More

British Cryptocurrency Electroneum Announces a Success First Month of Its Mobile Mining BETA Trials

On Monday, British cryptocurrency company Electroneum reported a successful first month of its mobile mining BETA trial, giving millions of smartphone users global access to mine their cryptocurrency. The company revealed that its worldwide survey of over 44,000 participants saw 93% of users being young… Read More

Fintech Broker Firm Robinhood Announces Free Bitcoin & Ethereum Trading For Users

Robinhood, a fintech broker firm, announced this week its new bitcoin and other cryptocurrencies investment platform, which its services are 24 hours a day available the platform is commission-free. Features of the platform include: Everything in one place: All cryptocurrencies, stocks, ETFs, and options are now… Read More

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