- Telegram creates its first blockchain platform service - Iranian citizens have transferred $2.5 billion in cryptocurrency - Bloomberg launches Bloomberg Galaxy Crypto Index (BGCI) - UPbit, the biggest South Korean exchange, is suspected of fraud - Ripple shares results of testing of its xRapid pilot projects … [Read more...] about Crypto news in brief (May 13, 2018): Telegram, Iran, Bloomberg, Winklevoss, UPbit, Ripple xRapid, Nvidia, Huawei
Ripple announces successful results of xRapid solution first tests
Several financial institutions participated in recent tests of xRapid platform by Ripple, a company behind blockchain solutions for payment transactions. … [Read more...] about Ripple announces successful results of xRapid solution first tests
Iranian citizens are turning to cryptocurrencies
Iranians are increasingly turning to bitcoin and other cryptocurrencies seeing how dramatically local currency rial is depreciating. … [Read more...] about Iranian citizens are turning to cryptocurrencies
Facebook considers launching its own cryptocurrency
Facebook is considering the possibility of launching its own cryptocurrency, reports Cheddar, US live streaming business news channel. … [Read more...] about Facebook considers launching its own cryptocurrency
Telegram cancels plans for public ICO
Telegram, a secure messaging service, which combines 200 million active users, has reportedly canceled its planned initial coin offering (ICO) for public investors. … [Read more...] about Telegram cancels plans for public ICO
Warren Buffett says buying bitcoin is ’not investing’
The entrepreneur, whose net worth is estimated at $100 billion, says people buying bitcoin hope ‘the next guy will pay more’. … [Read more...] about Warren Buffett says buying bitcoin is ’not investing’
US authorities to regulate crypto market in ‘balanced way’
William Hitman, Director at the Division of Corporation Finance of SEC (Securities and Exchange Commission), sees blockchain as a promising technology of the future. The initial coin offering, he notes, is a vital alternative way of doing business. … [Read more...] about US authorities to regulate crypto market in ‘balanced way’
France lowers capital gain tax on cryptocurrency to 19%
Retail traders until recently had to pay up to 45% tax on each transaction, not counting social security payments of 17.2%. The government has changed the rules, lowering the bar by more than twice. … [Read more...] about France lowers capital gain tax on cryptocurrency to 19%