Topic: ✷ News ✷ Analytics ✷ Analysis ✷ Forecasts - page 24. (Read 2256 times)
Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto
Cryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that “by definition” neither Russia, nor any other country could have a national cryptocurrency. Putin also mentioned the saga around Telegram, in the light of seeking “civilized” decisions.
https://news.bitcoin.com/putin-cryptocurrency-has-its-place-no-state-can-have-own-crypto/
Cryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that “by definition” neither Russia, nor any other country could have a national cryptocurrency. Putin also mentioned the saga around Telegram, in the light of seeking “civilized” decisions.
https://news.bitcoin.com/putin-cryptocurrency-has-its-place-no-state-can-have-own-crypto/
Market in anticipation, some kind of push. Nobody paid attention to the fact that the peaks of bitcoin prices this year are broken by the sixth of the month with a clear alternation through one. Given this pattern, I can assume that the new ceiling awaits us at 6.07, and then again down. Such a roller coaster looms.
The Japanese company Module, plans to become a leading player in the market of cryptocurrencies, due to the proposed platform designed for data storage and cloud mining.
You can find more here: https://uniton.io/en/news/The-Japanese-Company-Module-Plans-to-Conquer-the-Crypto-Industry
You can find more here: https://uniton.io/en/news/The-Japanese-Company-Module-Plans-to-Conquer-the-Crypto-Industry
- Ripple CEO Brad Garlinghouse threw a little shade at Bitcoin recently where he stated that Bitcoin was not the “panacea” that people expected it to be
- The global appeal of cryptocurrency hasn’t diminished much throughout 2018. Despite falling prices, Bitcoin and altcoins remain incredibly popular. Unfortunately, that popularity also attracts attention from criminals. With around $1.1 billion worth of cryptocurrency being stolen since January 1st, there is still plenty to worry about
- The global appeal of cryptocurrency hasn’t diminished much throughout 2018. Despite falling prices, Bitcoin and altcoins remain incredibly popular. Unfortunately, that popularity also attracts attention from criminals. With around $1.1 billion worth of cryptocurrency being stolen since January 1st, there is still plenty to worry about
Bancor’s Recent Token Promotion Gets Thumbs Down From Crypto Community
Bancor’s #100Tokens promotion – in recognition that the network has “activated” its hundredth token – has many questioning why it would be conducted on Twitter, which has often been the tool of scammers seeking to take advantage of the unsuspecting.
https://www.ethnews.com/bancors-recent-token-promotion-gets-thumbs-down-from-crypto-community
You can bid for million dollar Andy Warhol paintings with Bitcoins
Maecenas is a blockchain-based platform that describes itself as an online marketplace that’s democratizing access to Fine Art. Using this platform, anyone can invest in a very expensive artwork (worth more than $1m) by purchasing a fraction of it. Maecenas is teaming up with the Dadiani Syndicate art gallery in Mayfair to host the first ever cryptocurrency art auction. On June 20th, 49% ownership of the famous multi-million-dollar work of art by Andy Warhol, fourteen small electric chairs, will be available for sale in the form of digital certificates that can be purchased using bitcoin, ethereum and the platform’s own cryptocurrency ART token.
http://luxurylaunches.com/auctions/you-can-bid-for-million-dollar-andy-warhol-paintings-with-bitcoins.php
Crypto Auction: $5.6 Million Andy Warhol Art to be Sold via Ethereum Blockchain
From bond issuances to educational certificates, blockchain technology is increasingly finding new use-cases every day. Stepping aside from its use in financial and industrial sectors, the ethereum blockchain will be utilized in June 2018 to facilitate the auction of Andy Warhol’s 1980 work 14 Small Electric Chairs for cryptocurrencies.
The auction will be carried out by Dadiani Fine Art in London’s Mayfair district, in partnership with blockchain platform Maecenas Fine Art. Overall, 49 percent of Warhol’s works will be up available for sale on June 20, and the auction house will accept bitcoin and ethereum as payment.
Regarding price, the piece is valued at 732 BTC or $5.6 million at the time of writing, and would undoubtedly change as per market conditions on the day of the auction. Reportedly, the reserve price is 25 BTC or $4 million. The auction house strictly requires potential buyers to comply with local regulations.
https://www.ccn.com/crypto-auction-5-6-million-andy-warhol-art-to-be-sold-via-ethereum-blockchain/
From bond issuances to educational certificates, blockchain technology is increasingly finding new use-cases every day. Stepping aside from its use in financial and industrial sectors, the ethereum blockchain will be utilized in June 2018 to facilitate the auction of Andy Warhol’s 1980 work 14 Small Electric Chairs for cryptocurrencies.
The auction will be carried out by Dadiani Fine Art in London’s Mayfair district, in partnership with blockchain platform Maecenas Fine Art. Overall, 49 percent of Warhol’s works will be up available for sale on June 20, and the auction house will accept bitcoin and ethereum as payment.
Regarding price, the piece is valued at 732 BTC or $5.6 million at the time of writing, and would undoubtedly change as per market conditions on the day of the auction. Reportedly, the reserve price is 25 BTC or $4 million. The auction house strictly requires potential buyers to comply with local regulations.
https://www.ccn.com/crypto-auction-5-6-million-andy-warhol-art-to-be-sold-via-ethereum-blockchain/
Switzerland Shows the Way: Bank First to Offer Crypto Business Accounts
Switzerland’s legacy bank, Hypothekarbank Lenzburg, announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse. Long viewed as a progressive society way ahead of its time, the Swiss are once again leading, … this time it’s doing so in the crypto revolution.
Link: https://news.bitcoin.com/switzerland-shows-the-way-bank-first-to-offer-crypto-business-accounts/
Switzerland’s legacy bank, Hypothekarbank Lenzburg, announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse. Long viewed as a progressive society way ahead of its time, the Swiss are once again leading, … this time it’s doing so in the crypto revolution.
Link: https://news.bitcoin.com/switzerland-shows-the-way-bank-first-to-offer-crypto-business-accounts/
Gold And Bitcoin In The Next Financial Crisis
When they’re defending the high allocation of gold in their portfolios, many gold bugs point to the fact that ever since the 2008 financial crisis, central banks have been printing money at a rapid pace in a desperate attempt to keep the world economy out of another recession. Economic recovery this decade has been slow and sluggish, prompting unprecedented actions from central banks, including the Federal Reserve. Between the four most powerful central banks in the world, the U.S., Japan, the ECB, and the U.K., $9 trillion have been printed in the last decade. That’s a 12.5% increase in the world’ total existing cash, which now stands at $80.9 trillion. Despite rapid cash printing and low interest rates, central banks have struggled with low inflation.
Read more: https://channels.theinnovationenterprise.com/articles/gold-and-bitcoin-in-the-next-financial-crisis
Korean Crypto Exchange Coinone and 20 Traders to Face Charges Over Margin Trading
The South Korean police are reportedly preparing to charge Coinone’s executives, including its CEO, and 20 of the exchange’s members. This follows a 10-month investigation on allegations that the exchange provided gambling services through its crypto margin trading program.
Link: https://news.bitcoin.com/korean-crypto-exchange-coinone-charges-margin-trading/
The South Korean police are reportedly preparing to charge Coinone’s executives, including its CEO, and 20 of the exchange’s members. This follows a 10-month investigation on allegations that the exchange provided gambling services through its crypto margin trading program.
Link: https://news.bitcoin.com/korean-crypto-exchange-coinone-charges-margin-trading/
Estonia Grants Licenses for Wallet and Exchange Services to Coin Metro
It isn’t just Malta that is attracting crypto business these days, other small and fast moving countries on the European continent are joining the action. The latest example comes from Estonia, which recently granted licenses for offering wallet and exchange services to the cryptocurrency trading platform Coin Metro.
Link: https://news.bitcoin.com/estonia-grants-licenses-for-wallet-and-exchange-services-to-coin-metro/
It isn’t just Malta that is attracting crypto business these days, other small and fast moving countries on the European continent are joining the action. The latest example comes from Estonia, which recently granted licenses for offering wallet and exchange services to the cryptocurrency trading platform Coin Metro.
Link: https://news.bitcoin.com/estonia-grants-licenses-for-wallet-and-exchange-services-to-coin-metro/
RUSSIA: CRYPTOCURRENCY USERS MUST CALCULATE OWN TAX
Russian citizens will have to compute their own tax obligations from cryptocurrency trading, the head of the country’s tax office said on June 6.
Read more: http://bitcoinist.com/russia-finance-ministry-says-cryptocurrency-users-must-work-tax/
FOAM and the Dream to Map the World on Ethereum
Even Pokemon Go might need a blockchain.While an augmented reality mobile app used to collect funny-looking, digital critters might sound like a silly (or useless) service to re-architect with blockchain, the developers at ethereum startup FOAM make a compelling case.
"The problem is that people lie about their location," said Ryan John King, the co-founder and CEO of FOAM. Using a range of tutorials across the web, a tech-savvy Pokemon Go player could easily trick the game into thinking they're in Hong Kong, catching all the unique Pokemon there when really they're sitting in their apartment in Brooklyn, New York, he said.
That'll be news to many since most people use GPS (the Global Positioning System) flawlessly on a daily basis.Read more
Japan Blasts Crypto Exchange Execs in First-Ever License Rejection
Japan has issued its first official rejection of a cryptocurrency exchange application.
The announcement, released by the Financial Services Agency (FSA) on Thursday, confirms a report yesterday that indicated the regulator would move to reject FSHO's application – its first such refusal – after it sent two suspension orders to the firm in March and April, respectively.
Link: https://www.coindesk.com/japan-blasts-crypto-exchange-execs-first-ever-license-rejection/
Japan has issued its first official rejection of a cryptocurrency exchange application.
The announcement, released by the Financial Services Agency (FSA) on Thursday, confirms a report yesterday that indicated the regulator would move to reject FSHO's application – its first such refusal – after it sent two suspension orders to the firm in March and April, respectively.
Link: https://www.coindesk.com/japan-blasts-crypto-exchange-execs-first-ever-license-rejection/
SMALL BUSINESS PLATFORM IN $50M CRYPTO TOKEN SALE
A new platform for small businesses and investors has announced a $50 million token sale ahead of its launch.
Clarity, which bills itself as ‘a one-stop shop for small business owners worldwide’, hoping to provide businesses with access to, and control over their data.
Read more: http://www.businesscloud.co.uk/news/small-business-platform-in-50m-crypto-token-sale
Operation Prowli Malware Infects Over 40,000 Machines, Which Were Used for Crypto Mining
The GuardiCore security team has discovered a malicious traffic manipulation and cryptocurrency mining campaign, according to an announcement published June 6. The campaign infected over 40,000 machines across various industries, including finance, education, and government.The campaign called Operation Prowli used various techniques like exploits and password brute-forcing to spread malware and take over devices, such as web servers, modems, and Internet-of-Things (IoT) devices. GuardiCore found that the attackers behind Prowli were focused on making money rather than ideology or espionage... Read more
Swiss Bank Becomes First in Country to Offer Business Accounts to Crypto Companies
Hypothekarbank Lenzburg has become the first bank in Switzerland to provide business accounts to blockchain and cryptocurrency companies, Cointelegraph auf Deutsch reported June 6.While Falcon Private Bank has provided crypto asset management services since last year, Hypothekarbank Lenzburg CEO Marianne Wildi confirmed that they are first bank in the country to open company accounts for blockchain and crypto-related fintech companies... Read more
Japanese I.T. Giant Fujitsu Unveils Blockchain Platform for Retailers
Japan’s I.T and computing equipment giant Fujitsu announced the launch of the cloud-based Fujitsu Intelligent Society Solution Blockchain Asset Service on June 6, 2018.
Via an official announcement, the company revealed its plans for the use of blockchain technology in retail sectors – such as digital points, stamps, and coupons – aimed towards tourist sites, markets, and shopping centers.
Using the service, customers will be able to collect digital stamps by scanning QR codes in designated areas and redeem them for benefits and coupons in selected shopping or retail stores.
The collected information and usage data will be recorded on Fujitsu’s hybrid blockchain. Additionally, it will be linked with user information for use in related analysis.
Fujitsu aims to connect promotions and shopping events with its blockchain platform, in turn augmenting the customer footfall for partner brands.
The announcement stated:
“At the same time, they can also more effectively set strategies for regional revitalization, based on the activity patterns of users seen in the analysis results, and on such factors as the use of the coupons and other benefits.” https://www.ccn.com/japanese-i-t-giant-fujitsu-unveils-blockchain-platform-for-retailers/
Japan’s I.T and computing equipment giant Fujitsu announced the launch of the cloud-based Fujitsu Intelligent Society Solution Blockchain Asset Service on June 6, 2018.
Via an official announcement, the company revealed its plans for the use of blockchain technology in retail sectors – such as digital points, stamps, and coupons – aimed towards tourist sites, markets, and shopping centers.
Using the service, customers will be able to collect digital stamps by scanning QR codes in designated areas and redeem them for benefits and coupons in selected shopping or retail stores.
The collected information and usage data will be recorded on Fujitsu’s hybrid blockchain. Additionally, it will be linked with user information for use in related analysis.
Fujitsu aims to connect promotions and shopping events with its blockchain platform, in turn augmenting the customer footfall for partner brands.
The announcement stated:
“At the same time, they can also more effectively set strategies for regional revitalization, based on the activity patterns of users seen in the analysis results, and on such factors as the use of the coupons and other benefits.” https://www.ccn.com/japanese-i-t-giant-fujitsu-unveils-blockchain-platform-for-retailers/
Operation Prowli Malware Infects Over 40,000 Machines, Which Were Used for Crypto Mining
The GuardiCore security team has discovered a malicious traffic manipulation and cryptocurrency mining campaign, according to an announcement published June 6. The campaign infected over 40,000 machines across various industries, including finance, education, and government.The campaign called Operation Prowli used various techniques like exploits and password brute-forcing to spread malware and take over devices, such as web servers, modems, and Internet-of-Things (IoT) devices. GuardiCore found that the attackers behind Prowli were focused on making money rather than ideology or espionage... Read more
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