China’s Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

By | July 21, 2018

China’s Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad The chives growing in one crypto tycoon’s California mansion carry a hidden message. Guo Hongcai, a beef salesman turned early bitcoin adopter from China’s Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of the country by purchasing real estate abroad.… Read More »

Facebook Restores Coinbase Crypto Ads, No Intent to Block Legitimate Companies

By | July 21, 2018

Facebook Restores Coinbase Crypto Ads, No Intent to Block Legitimate Companies The CEO of Coinbase has just announced that the platform has just been approved to display ads on the largest social media platform in the world, Facebook. Facebook Repeals Ban On Crypto-Related Advertisements As the market began to run last year, so did cryptocurrency ad sightings, with… Read More »

Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500

By | July 21, 2018

Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500 Crypto markets are seeing mostly green today, July 21, continuing the momentum of this week’s upswing. The top ten altcoins are solidly regaining strength today, up as much 8%, according to Coin360, with Bitcoin (BTC) only slightly in the green, hovering near yesterday’s levels.   Market visualization from Coin360 The top… Read More »

From Positive Regulation to Ponzi Comparisons: What Went On at US Congress Crypto Hearings

By | July 21, 2018

From Positive Regulation to Ponzi Comparisons: What Went On at US Congress Crypto Hearings July 18 proved to be an important day for the crypto industry, as two separate U.S. Congress hearings centring the matter were held: one by the House Agriculture Committee, and the other one by the House Financial Services Committee. The two stroke completely different… Read More »

Liverpool Aims to Become ‘World’s First Climate-Positive City’ Using Blockchain Tech

By | July 21, 2018

Liverpool Aims to Become ‘World’s First Climate-Positive City’ Using Blockchain Tech The Liverpool City Council (LCC) announced it will be using blockchain tech to mitigate the city’s climate impact, local news outlet edie.net reported July 19. A tweet from the LCC explains that the effort to reduce the city’s climate impact is a bid to become the “world’s… Read More »

Celebs and Crypto: A Mixed Bag of Crypto Collaboration

By | July 21, 2018

Celebs and Crypto: A Mixed Bag of Crypto Collaboration In 2017, cryptocurrencies were thrust into the faces of millions like never before, as Bitcoin and numerous altcoins soared to breathtaking highs. What followed can only be described as a media frenzy, as any noteworthy publication, website and media agency had some sort of coverage of Bitcoin and crypto… Read More »

Malta Says Crypto Rules Aren’t Yet In Force

By | July 21, 2018

Malta Says Crypto Rules Aren’t Yet In Force Malta’s new cryptocurrency regulatory framework has not taken effect just yet. Three bills regarding cryptocurrencies, blockchain and distributed ledger technology, passed by Maltese Members of Parliament in June, set out a number of ambitious changes to the country’s legal landscape overseeing cryptocurrency-related businesses. However, the Malta Financial Services Authority said Friday that one… Read More »

Coinbase Now Has Its Own Political Action Committee

By | July 20, 2018

Coinbase Now Has Its Own Political Action Committee San Francisco-based cryptocurrency exchange and wallet provider Coinbase has created its own political action committee (PAC), according to documents made public today, July 20. In the U.S., PACs are organizations that pool campaign contributions from members with similar policy and political goals and subsequently donate them to political campaigns for… Read More »

Samsung Stores in the Baltic States Now Accept Cryptocurrencies

By | July 20, 2018

Samsung Stores in the Baltic States Now Accept Cryptocurrencies On Friday, Samsung stores in the Baltic States have announced they will be accepting seven different cryptocurrencies for merchandise. Through a partnership with the payment processing firm Coppay, customers shopping at the Samsung stores in Tallinn, Riga, Vilnius, and Kaunas will be able to pay with BTC, ETH, DASH,… Read More »

Ukrainian Financial Stability Council Supports Regulatory Concept for Cryptocurrencies

By | July 20, 2018

Ukrainian Financial Stability Council Supports Regulatory Concept for Cryptocurrencies The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. According to Khromaev, the concept involves recognizing cryptocurrencies and tokens as financial instruments, establishes the roles and… Read More »