Digital Jersey and Binance to Establish Crypto Exchange
Digital Jersey, the economic development agency representing Jersey’s digital industries, is to corporate with giant blockchain exchange Binance, signing a memorandum of understanding (MoU) with a view to the two firms developing a compliance base and cryptocurrency exchange on the island.
The world’s largest cryptocurrency exchange is planning to set up the first Sterling to crypto exchange in Jersey – potentially bringing millions of dollars into the island’s economy, writes The Jersey Evening Post.
Read full article at https://bitcoinnews.com/digital-jersey-and-binance-to-establish-crypto-exchange/
Topic: BitcoinNews: #1 In Blockchain News - page 40. (Read 4502 times)
McAfee Says Bitcoin Will Hit $15K By July 2018, $1M by 2020
John McAfee says Bitcoin will hit USD 15,000 by the end of July 2018 at the latest. This revises his earlier prediction that the mark would be reached in June. He says that the recent price crash, which has brought Bitcoin down to USD 6,400 as of this writing, is due to an overreaction about news that Bitcoin exchanges are being investigated for price manipulation. He says this will delay the bull rally by no more than 30 days.
Read full article at https://bitcoinnews.com/mcafee-says-bitcoin-will-hit-15k-by-july-2018-1m-by-2020/
John McAfee says Bitcoin will hit USD 15,000 by the end of July 2018 at the latest. This revises his earlier prediction that the mark would be reached in June. He says that the recent price crash, which has brought Bitcoin down to USD 6,400 as of this writing, is due to an overreaction about news that Bitcoin exchanges are being investigated for price manipulation. He says this will delay the bull rally by no more than 30 days.
Read full article at https://bitcoinnews.com/mcafee-says-bitcoin-will-hit-15k-by-july-2018-1m-by-2020/
Erik Finman a Bitcoin Millionaire Before the Age of 18
Erik Finman is a self-made millionaire thanks to Bitcoin. He first invested in Bitcoin back in 2011 when he was 12 years old with USD 1,000 given to him by his grandmother. At the time, Bitcoin was priced near USD 10.
Although it turned out to be a very good investment, most people at the time would have called it extremely risky. In 2011, there were very few people willing to put any money into the unproven cryptocurrency, thinking it had no intrinsic value and nothing to back its value.
Read full article at https://bitcoinnews.com/erik-finman-a-bitcoin-millionaire-before-the-age-of-18/
Erik Finman is a self-made millionaire thanks to Bitcoin. He first invested in Bitcoin back in 2011 when he was 12 years old with USD 1,000 given to him by his grandmother. At the time, Bitcoin was priced near USD 10.
Although it turned out to be a very good investment, most people at the time would have called it extremely risky. In 2011, there were very few people willing to put any money into the unproven cryptocurrency, thinking it had no intrinsic value and nothing to back its value.
Read full article at https://bitcoinnews.com/erik-finman-a-bitcoin-millionaire-before-the-age-of-18/
Coinbase Launches Cryptocurrency Index Fund
Coinbase has launched the Coinbase Index Fund, a market-weighted composition of all the cryptocurrencies traded on Coinbase’s GDAX exchange. This is the cryptocurrency equivalent to stock market index funds like the Dow Jones Industrial Average, S&P 500, and NASDAQ.
Read full article at https://bitcoinnews.com/coinbase-launches-cryptocurrency-index-fund/
Coinbase has launched the Coinbase Index Fund, a market-weighted composition of all the cryptocurrencies traded on Coinbase’s GDAX exchange. This is the cryptocurrency equivalent to stock market index funds like the Dow Jones Industrial Average, S&P 500, and NASDAQ.
Read full article at https://bitcoinnews.com/coinbase-launches-cryptocurrency-index-fund/
Singapore Real Estate Developer Claims to Be First past Post Using DLT
A Singapore-based property company has claimed to be the first real estate developer in Southeast Asia to implement blockchain technology for conducting individual and institutional investment business in the sector, writes E27.
The company, NOON Capital, plans to utilize Ethereum technology in the financing and management of its real estate investments, two of which are in Thailand with a combined value of USD 20 million.
Read full article at https://bitcoinnews.com/singapore-real-estate-developer-claims-to-be-first-past-post-using-dlt/
Video https://www.youtube.com/watch?v=FLNVLj4C_aQ
A Singapore-based property company has claimed to be the first real estate developer in Southeast Asia to implement blockchain technology for conducting individual and institutional investment business in the sector, writes E27.
The company, NOON Capital, plans to utilize Ethereum technology in the financing and management of its real estate investments, two of which are in Thailand with a combined value of USD 20 million.
Read full article at https://bitcoinnews.com/singapore-real-estate-developer-claims-to-be-first-past-post-using-dlt/
Video https://www.youtube.com/watch?v=FLNVLj4C_aQ
Litecoin’s Charlie Lee Says Get 1 Bitcoin Before Buying Any Other Crypto
The founder of Litecoin, Charlie Lee, advises that all cryptocurrency traders, investors, and enthusiasts own at least 1 Bitcoin before buying any of the thousands of different altcoins. Lee goes as far as saying that people should buy a whole Bitcoin before buying any Litecoin. He references a meme of comic book superhero Dr Strange, where Dr Strange uses his time traveling device to explore all the possible realities and concludes that Bitcoin survives in all realities.
Read full article at https://bitcoinnews.com/litecoins-charlie-lee-says-get-1-bitcoin-before-buying-any-other-crypto/
Video https://www.youtube.com/watch?v=DkLG9n3NXNA
The founder of Litecoin, Charlie Lee, advises that all cryptocurrency traders, investors, and enthusiasts own at least 1 Bitcoin before buying any of the thousands of different altcoins. Lee goes as far as saying that people should buy a whole Bitcoin before buying any Litecoin. He references a meme of comic book superhero Dr Strange, where Dr Strange uses his time traveling device to explore all the possible realities and concludes that Bitcoin survives in all realities.
Read full article at https://bitcoinnews.com/litecoins-charlie-lee-says-get-1-bitcoin-before-buying-any-other-crypto/
Video https://www.youtube.com/watch?v=DkLG9n3NXNA
Crypto-Positive David Solomon Confirmed as Goldman Sachs CEO
David Solomon, who has publiclly discussed the financial benefits of cryptocurrency trading, has been confirmed as the next CEO of Goldman Sachs to replace Lloyd Blankfein.
Solomon has been with Goldman Sachs since 2006, working his way from the joint head of the investment banking division, to the chief operations officer in 2016. Last month, he shared the news that the New York-based investment bank was expanding its cryptocurrency services offered to clients.
Read full article at https://bitcoinnews.com/crypto-positive-david-solomon-confirmed-as-goldman-sachs-ceo/
Video https://www.youtube.com/watch?v=rxFM6zawhQM
David Solomon, who has publiclly discussed the financial benefits of cryptocurrency trading, has been confirmed as the next CEO of Goldman Sachs to replace Lloyd Blankfein.
Solomon has been with Goldman Sachs since 2006, working his way from the joint head of the investment banking division, to the chief operations officer in 2016. Last month, he shared the news that the New York-based investment bank was expanding its cryptocurrency services offered to clients.
Read full article at https://bitcoinnews.com/crypto-positive-david-solomon-confirmed-as-goldman-sachs-ceo/
Video https://www.youtube.com/watch?v=rxFM6zawhQM
Canada’s Largest Credit Union Coalition Joins NY Blockchain Consortium R3
The 16 largest Canadian Credit unions that make up the Large Credit Union Coalition (LCUC) has joined database company R3, reports Cointelegraph.
R3 leads a consortium of more than 200 financial institutions in research and development of DLT usage in the financial system and other commercial sectors. It is responsible for the open-sourced system, Corda, which was designed for dealing with complex transactions and security, and is expected to have many of the benefits of blockchains.
Read full article at https://bitcoinnews.com/canadas-largest-credit-union-coalition-joins-ny-blockchain-consortium-r3/
Video https://www.youtube.com/watch?v=q7Rlz1xc2Y4
The 16 largest Canadian Credit unions that make up the Large Credit Union Coalition (LCUC) has joined database company R3, reports Cointelegraph.
R3 leads a consortium of more than 200 financial institutions in research and development of DLT usage in the financial system and other commercial sectors. It is responsible for the open-sourced system, Corda, which was designed for dealing with complex transactions and security, and is expected to have many of the benefits of blockchains.
Read full article at https://bitcoinnews.com/canadas-largest-credit-union-coalition-joins-ny-blockchain-consortium-r3/
Video https://www.youtube.com/watch?v=q7Rlz1xc2Y4
Stellar Becomes First Sharia Law Approved DLT Protocol
Open source protocol Stellar has announced that it is now Sharia Law compliant in the cryptocurrency space, according to Cointelegraph.
Stellar has claimed to be the first DLT protocol to receive such certification, and the company has been the focus of a Shariyah Review Bureau examination. The bureau is an advisory body licensed by the Bank of Bahrain which offers guidance to company activities regarding Sharia law.
Read full article at https://bitcoinnews.com/stellar-becomes-first-sharia-law-approved-dlt-protocol/
Video https://www.youtube.com/watch?v=M8n7TqTZTUI
Open source protocol Stellar has announced that it is now Sharia Law compliant in the cryptocurrency space, according to Cointelegraph.
Stellar has claimed to be the first DLT protocol to receive such certification, and the company has been the focus of a Shariyah Review Bureau examination. The bureau is an advisory body licensed by the Bank of Bahrain which offers guidance to company activities regarding Sharia law.
Read full article at https://bitcoinnews.com/stellar-becomes-first-sharia-law-approved-dlt-protocol/
Video https://www.youtube.com/watch?v=M8n7TqTZTUI
Thai Government Announces “Bond Coin” to Unlock Bond Settlements
Thailand’s government has confirmed that the Thai Bond Market Association (TBMA) is currently developing a state-run token to ensure payments and the clearing of corporate bonds, according to BTC Manager.
The token, “Bond Coin”, according to a Bangkok Post report, will be built over a private blockchain and will ensure transactions between pre-selected participants such as regulators and bond issuers, confirming earlier reports that a securities body in the country was considering such a move.
Read full article at https://bitcoinnews.com/thai-government-announces-bond-coin-to-unlock-bond-settlements/
Video https://www.youtube.com/watch?v=MziVZd2wXWg
Thailand’s government has confirmed that the Thai Bond Market Association (TBMA) is currently developing a state-run token to ensure payments and the clearing of corporate bonds, according to BTC Manager.
The token, “Bond Coin”, according to a Bangkok Post report, will be built over a private blockchain and will ensure transactions between pre-selected participants such as regulators and bond issuers, confirming earlier reports that a securities body in the country was considering such a move.
Read full article at https://bitcoinnews.com/thai-government-announces-bond-coin-to-unlock-bond-settlements/
Video https://www.youtube.com/watch?v=MziVZd2wXWg
Boeing Breaks New Ground as Aerospace Turns to Blockchain
US aerospace multinational giant Boeing has announced it is to form a partnership with an artificial intelligence (AI) company to develop pilotless vehicles using blockchain technology, writes Cointelegraph.
Boeing will join up with Texas-based SparkCognition for the project. It has been reported that Boeing has already invested USD 32 million into the company to create the new platform.
Read full article at https://bitcoinnews.com/boeing-breaks-new-ground-as-aerospace-turns-to-blockchain/
Video https://www.youtube.com/watch?v=EAGPVoYLqfI
US aerospace multinational giant Boeing has announced it is to form a partnership with an artificial intelligence (AI) company to develop pilotless vehicles using blockchain technology, writes Cointelegraph.
Boeing will join up with Texas-based SparkCognition for the project. It has been reported that Boeing has already invested USD 32 million into the company to create the new platform.
Read full article at https://bitcoinnews.com/boeing-breaks-new-ground-as-aerospace-turns-to-blockchain/
Video https://www.youtube.com/watch?v=EAGPVoYLqfI
Biggest Bitcoin Rally Since April 2018 Underway
The biggest Bitcoin rally since April 2018 is underway. Currently, Bitcoin’s price is near USD 7,450, heading back towards yesterday’s high of USD 7,500, a 10% increase from the day before. On 12 July 2018, Bitcoin’s price was near USD 6,200, so this represents a USD 1,100 price increase in less than a week. This corresponds to a USD 20 billion increase in the Bitcoin market cap from USD 106 billion to USD 126 billion, indicating a large amount of fresh investment.
Read full article at https://bitcoinnews.com/biggest-bitcoin-rally-since-april-2018-underway/
Video https://www.youtube.com/watch?v=ifQ09VPXV5w
The biggest Bitcoin rally since April 2018 is underway. Currently, Bitcoin’s price is near USD 7,450, heading back towards yesterday’s high of USD 7,500, a 10% increase from the day before. On 12 July 2018, Bitcoin’s price was near USD 6,200, so this represents a USD 1,100 price increase in less than a week. This corresponds to a USD 20 billion increase in the Bitcoin market cap from USD 106 billion to USD 126 billion, indicating a large amount of fresh investment.
Read full article at https://bitcoinnews.com/biggest-bitcoin-rally-since-april-2018-underway/
Video https://www.youtube.com/watch?v=ifQ09VPXV5w
Russian Universities Announce New Crypto Courses
Bitcoin continued to make strides within higher education as three Russian universities have recently added cryptocurrency programs and diplomas to their curriculum.
The three universities, Voronzeh State University, Don State Technical University and Novosibirsk State University, will roll out these new courses in the upcoming fall semester.
A bachelors program will be offered at VSU, with a new major called ‘Models and methods for analyzing the digital economy’. DSTU will offer two master’s programs: ‘Intellectual systems based on blockchain technologies’ and ‘Digital accounting and management’.
Read full article at https://bitcoinnews.com/russian-universities-announce-new-crypto-courses/
Video https://www.youtube.com/watch?v=ApGd5A4Qw4g
Bitcoin continued to make strides within higher education as three Russian universities have recently added cryptocurrency programs and diplomas to their curriculum.
The three universities, Voronzeh State University, Don State Technical University and Novosibirsk State University, will roll out these new courses in the upcoming fall semester.
A bachelors program will be offered at VSU, with a new major called ‘Models and methods for analyzing the digital economy’. DSTU will offer two master’s programs: ‘Intellectual systems based on blockchain technologies’ and ‘Digital accounting and management’.
Read full article at https://bitcoinnews.com/russian-universities-announce-new-crypto-courses/
Video https://www.youtube.com/watch?v=ApGd5A4Qw4g
G20 Counseled on Appropriate Monitoring of Crypto and Blockchain Impact
The Financial Stability Board (FSC) has published and submitted a report to the financial ministers and central bank governors of the G20, offering counsel on frameworks for the supervision of crypto-assets as well as the impacts of blockchain.
Read full article at https://bitcoinnews.com/g20-counseled-on-appropriate-monitoring-of-crypto-and-blockchain-impact/
Video https://www.youtube.com/watch?v=zLpUziK4bes
The Financial Stability Board (FSC) has published and submitted a report to the financial ministers and central bank governors of the G20, offering counsel on frameworks for the supervision of crypto-assets as well as the impacts of blockchain.
Read full article at https://bitcoinnews.com/g20-counseled-on-appropriate-monitoring-of-crypto-and-blockchain-impact/
Video https://www.youtube.com/watch?v=zLpUziK4bes
Ben and Jerry’s In London Using Blockchain to Offset Carbon Emissions
A Ben and Jerry’s store in London is partnering with the Poseidon Foundation to make their business carbon neutral. For every ice cream sold, the store will purchase a penny of carbon credits and offer customers the opportunity to buy an additional penny of carbon credits. Poseidon has its own native cryptocurrency on the Stellar blockchain.
Read full article at https://bitcoinnews.com/ben-and-jerrys-in-london-using-blockchain-to-offset-carbon-emissions/
Video https://www.youtube.com/watch?v=jgL56WI08_k
A Ben and Jerry’s store in London is partnering with the Poseidon Foundation to make their business carbon neutral. For every ice cream sold, the store will purchase a penny of carbon credits and offer customers the opportunity to buy an additional penny of carbon credits. Poseidon has its own native cryptocurrency on the Stellar blockchain.
Read full article at https://bitcoinnews.com/ben-and-jerrys-in-london-using-blockchain-to-offset-carbon-emissions/
Video https://www.youtube.com/watch?v=jgL56WI08_k
Redditor Who Made $10K Bitcoin Prediction in 2014 Claimed to Be Time Traveler
A Reddit user named Luka Magnotta claimed to be a time traveler from the future in a post from 2014. In the post, he made an accurate prediction for the price of Bitcoin in 2017, saying it would hit USD 10,000, which is exactly what happened. At the time of the prediction, almost no one believed Bitcoin’s price would get so high.
Read full article at https://bitcoinnews.com/redditor-who-made-10k-bitcoin-prediction-in-2014-claims-to-be-time-traveler-warns-of-bitcoin-nuclear-war/
Video https://www.youtube.com/watch?v=MxE3fF7cWZA
A Reddit user named Luka Magnotta claimed to be a time traveler from the future in a post from 2014. In the post, he made an accurate prediction for the price of Bitcoin in 2017, saying it would hit USD 10,000, which is exactly what happened. At the time of the prediction, almost no one believed Bitcoin’s price would get so high.
Read full article at https://bitcoinnews.com/redditor-who-made-10k-bitcoin-prediction-in-2014-claims-to-be-time-traveler-warns-of-bitcoin-nuclear-war/
Video https://www.youtube.com/watch?v=MxE3fF7cWZA
Blockchain-Backed Energy Grid Receives $1 Million US Government Grant
The US Department of Energy (DoE) has awarded a USD 1 million grant to blockchain-backed energy grid company Grid7.
The grant came during the DoE’s Small Business Innovation Research (SBIR) program as one of 95 businesses that passed the second stage, as announced by the DoE on Monday. Colorado-based Grid7 was chosen for its part in advancing the nations energy security, with the grant intended to fund the project for the following two years.
Read full article at https://bitcoinnews.com/blockchain-backed-energy-grid-receives-1-million-us-government-grant/
Video https://www.youtube.com/watch?v=8E4WnRxO6hU
The US Department of Energy (DoE) has awarded a USD 1 million grant to blockchain-backed energy grid company Grid7.
The grant came during the DoE’s Small Business Innovation Research (SBIR) program as one of 95 businesses that passed the second stage, as announced by the DoE on Monday. Colorado-based Grid7 was chosen for its part in advancing the nations energy security, with the grant intended to fund the project for the following two years.
Read full article at https://bitcoinnews.com/blockchain-backed-energy-grid-receives-1-million-us-government-grant/
Video https://www.youtube.com/watch?v=8E4WnRxO6hU
Global Regulators Consider Capital Requirements on Bank Crypto Holdings
Cryptocurrency assets held by banks may soon become subject to new capital requirements enforced by global financial regulators, as they struggle to fit digital currencies into conventional asset ordinance.
In a report published Monday by the Financial Stability Board (FSB), the Basel Committee on Banking Supervision outlined an agenda of promoting financial stability through strengthening regulation and supervision of banks worldwide. The report was aimed at its 20 members and proposed capital requirements for crypto assets held by banks.
Read full article at https://bitcoinnews.com/global-regulators-consider-capital-requirements-on-bank-crypto-holdings/
Video https://www.youtube.com/watch?v=-uxZrW1DLh8
Cryptocurrency assets held by banks may soon become subject to new capital requirements enforced by global financial regulators, as they struggle to fit digital currencies into conventional asset ordinance.
In a report published Monday by the Financial Stability Board (FSB), the Basel Committee on Banking Supervision outlined an agenda of promoting financial stability through strengthening regulation and supervision of banks worldwide. The report was aimed at its 20 members and proposed capital requirements for crypto assets held by banks.
Read full article at https://bitcoinnews.com/global-regulators-consider-capital-requirements-on-bank-crypto-holdings/
Video https://www.youtube.com/watch?v=-uxZrW1DLh8
World’s First Bank-Backed Crypto Exchange Opens For Trading
VCTRADE, the world’s first bank-backed cryptocurrency exchange, is now open for trading in Japan after its launch last month, reports Coindesk..
The exchange, owned by Japanese banking giant SBI Holdings, has now opened trading to users aged between 20 and 70 years, after only servicing limited pre-registered users, providing that they are resident in Japan. Corporate entities are still unable to use the exchange at this time.
Read full article at https://bitcoinnews.com/worlds-first-bank-backed-crypto-exchange-opens-for-trading/
Video https://www.youtube.com/watch?v=7G95cWx-2XA
VCTRADE, the world’s first bank-backed cryptocurrency exchange, is now open for trading in Japan after its launch last month, reports Coindesk..
The exchange, owned by Japanese banking giant SBI Holdings, has now opened trading to users aged between 20 and 70 years, after only servicing limited pre-registered users, providing that they are resident in Japan. Corporate entities are still unable to use the exchange at this time.
Read full article at https://bitcoinnews.com/worlds-first-bank-backed-crypto-exchange-opens-for-trading/
Video https://www.youtube.com/watch?v=7G95cWx-2XA
Chat Giant LINE Launches BITBOX Crypto Exchange, Signs BitGo Partnership
Global messaging giant LINE, which is headquartered in Tokyo, Japan has announced the launch of the BITBOX cryptocurrency exchange. BITBOX is based in Singapore and offers 15 languages and 30 different cryptocurrencies.
Due to lack of regulatory approval BITBOX is unavailable to users in the United States and Japan. The site is blocked off to citizens of these countries but BITBOX is open for business in all other countries.
Read full article at https://bitcoinnews.com/chat-giant-line-launches-bitbox-crypto-exchange-signs-bitgo-partnership/
Video https://www.youtube.com/watch?v=q00552LzRyU
Global messaging giant LINE, which is headquartered in Tokyo, Japan has announced the launch of the BITBOX cryptocurrency exchange. BITBOX is based in Singapore and offers 15 languages and 30 different cryptocurrencies.
Due to lack of regulatory approval BITBOX is unavailable to users in the United States and Japan. The site is blocked off to citizens of these countries but BITBOX is open for business in all other countries.
Read full article at https://bitcoinnews.com/chat-giant-line-launches-bitbox-crypto-exchange-signs-bitgo-partnership/
Video https://www.youtube.com/watch?v=q00552LzRyU
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