• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • World Financial Innovation Series, Philippines (August 16-17, 2022)
    • Coinfest Asia, Bali (August 25-26, 2022)
    • Game On! (September 8-9, 2022)
    • MetaWeek, Dubai (September 11-14, 2022)
    • Future Tech Event, Oman (September 12-13, 2022)
    • METAVSUMMIT, Dubai, UAE (September 14-15, 2022)
    • NFT Show Europe, Spain (September 17-18, 2022)
    • TOKEN2049, Singapore (September 28-29, 2022)
    • Blockchain Economy Summit, Dubai (October 4-5, 2022)
    • Blockchain Expo North America (October 5-6, 2022)
    • AIM Summit, Dubai (November 21-22, 2022)
    • Future Tech Meet, Pakistan (November 23 – 24, 2022)
    • TRUSTECH, Paris (November 29 – December 1, 2022)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Trade on the world's major crypto exchanges:
Binance | FTX | Huobi
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Crypto news in brief (August 2, 2018): Paul Krugman, Google, Binance, Trust Wallet, Telegram, Bitcoin ETF, BlockFi

August 2, 2018 By Crypto Reporter

– 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
– SEC has rejected the second attempt by Winklevoss twins to list bitcoin ETF on a regulated exchange
– Telegram launched a new user authentication service Telegram Passport

According to a Wells Fargo/Gallup poll, just 2% of U.S. investors say they currently own bitcoin, and less than 1% plan to buy it in the near future.

While most investors say they have no interest in ever buying bitcoin, 26% say they are intrigued by it but won’t be buying it anytime soon.

***

The major crypto exchange Binance has bought mobile Ethereum & ERC20 wallet Trust Wallet in its first acquisition deal.

***

Nobel Prize winning economist Paul Krugman has 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.”

***

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.

***

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.

***

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

***

Telegram announced it would launch a new user authentication service Telegram Passport. The service will allow uploading the documents via its messenger only once and share the data with other services that require identification. Before, the same paperwork had to be uploaded separately for each new service, writes Telegram.

Filed Under: General News, News Tagged With: Binance, bitcoin, BlockFi, cryptocurrency, ETF, exchange, exchanges, Galaxy Digital, Google, Mike Novogratz, news, news in brief, Paul Krugman, Play Store, Telegram, Telegram Passport, Trust Wallet

Primary Sidebar

Follow Us

Press Releases

Oz Forensics, AppsFlyer and OutSystems have made the most strategic move to capitalize on Philippines’ fintech market

August 12, 2022

The World’s Flagship Blockchain Event Coming to DUBAI

August 12, 2022

Blockchain Game Developer Wemade Unveils NILE NFT Platform

August 12, 2022

The Sandbox unveils first-ever pop-up presence in Hong Kong’s silicon valley of culture – K11 MUSEA, paving the way for Alpha Season 3

August 12, 2022

Covalent Integrates with Nervos Network to Increase Transparency of On-Chain Data

August 12, 2022

Parity Technologies Joins Pastel Network to Disrupt Polkadot’s NFT Ecosystem

August 12, 2022

NFT Show Europe maps out the metaverse by connecting blockchain innovators with immersive digital artists

August 12, 2022

TechStorm’s Newly-Launched Media Launchpad Strikes Collaborative Partnership Across 11 Territories with Asia’s Leading NFT Marketplace XT NFT

August 12, 2022

NFT Expoverse

WFIS2022

Coinfest Asia

MetaWeek

Future Tech Event

NFT Show europe

AIM Summit

Footer

Crypto Reporter is an online magazine about digital currencies and blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2022 Crypto Reporter