The ongoing digital revolution in monetary circulation is of landmark significance. The emergence of new type of money is extremely rare and marks a fresh stage in the development not only of the monetary system, but economy as a whole. … [Read more...] about The digital revolution in monetary circulation
Crypto news in brief (August 8, 2018): Bitmain, ICE, Bakkt, Coinbase, Russia
- Bitmain will build blockchain data center and cryptocurrency mining facility in Texas - Intercontinental Exchange (ICE) plans to launch a trading platform for digital assets - Coinbase has launched a program that allows accepting BTC, BCH, ETH and LTC at multiple web stores across the globe - 44% of Russians have heard of cryptocurrencies, and 13% claim to have a good … [Read more...] about Crypto news in brief (August 8, 2018): Bitmain, ICE, Bakkt, Coinbase, Russia
Binance acquires mobile wallet Trust Wallet
The major crypto exchange Binance buys mobile Ethereum & ERC20 wallet Trust Wallet in its first acquisition deal. … [Read more...] about Binance acquires mobile wallet Trust Wallet
Crypto news in brief (August 2, 2018): Paul Krugman, Google, Binance, Trust Wallet, Telegram, Bitcoin ETF, BlockFi
- Just 2% of U.S. investors say they currently own bitcoin, and less than 1% plan to buy it in the near future - Binance acquires mobile wallet Trust Wallet - Paul Krugman has expressed skepticism about the future of cryptocurrencies - BlockFi has raised $52.5 million from Galaxy Digital Ventures LLC - Google will remove all cryptocurrency mining apps from its Play Store - … [Read more...] about Crypto news in brief (August 2, 2018): Paul Krugman, Google, Binance, Trust Wallet, Telegram, Bitcoin ETF, BlockFi
Nobel Prize winner Paul Krugman is skeptical about cryptocurrencies
Nobel Prize winning economist Paul Krugman expressed skepticism about the future of cryptocurrencies. He said that he has two main problems with bitcoin and other digital currencies: “transaction costs and absence of tethering.” … [Read more...] about Nobel Prize winner Paul Krugman is skeptical about cryptocurrencies
Mike Novogratz’s Galaxy Digital invests $52.5 million in lending firm BlockFi
New York-based lending firm BlockFi has raised $52.5 million from Galaxy Digital Ventures LLC, a digital currency and blockchain technology investment firm founded by Mike Novogratz. … [Read more...] about Mike Novogratz’s Galaxy Digital invests $52.5 million in lending firm BlockFi
Google bans cryptocurrency mining apps from Play Store
Google is getting stricter with cryptocurrencies. After banning advertisements related to cryptocurrencies the company has now announced it will remove all bitcoin and other cryptocurrency mining apps from its Play Store. … [Read more...] about Google bans cryptocurrency mining apps from Play Store
SEC rejects Winklevoss bitcoin ETF proposal
The U.S. Securities and Exchange Commission (SEC) has rejected the second attempt by Cameron and Tyler Winklevoss to list the first-ever bitcoin exchange-traded fund (ETF) on a regulated exchange. The ETF’s value would have been tied to bitcoin price on the Winklevoss twins’ Gemini Exchange. … [Read more...] about SEC rejects Winklevoss bitcoin ETF proposal