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Crypto exchange Golix is entering three other African markets in an effort to survive the ban imposed by the central bank in its home country – Zimbabwe. Moreover, the troubled trading platform claims the move is part of a strategy to offer its services across the whole continent. Golix says the shortage of infrastructure has … Read more
All parties represented in the Spanish Congress have voiced support for a new draft legislation introducing favorable crypto regulations in the country. We’ve covered the details in today’s edition of Bitcoin in Brief. Also, Slovenia adopts a crypto action plan, Estonia drops plans to issue a national cryptocurrency, and Hungary claims it’s ready to join … Read more
Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they … Read more
A lot of cryptocurrency and blockchain projects sound rather appealing on paper. Whether or not they will come to fruition and succeed is a different matter altogether. ShareRing aims to become the world’s first trusted token for sharing services. It’s an interesting idea, but how does it work? The Concept of ShareRing It is not … Read more
Reports suggest that Facebook may develop its own crypto. The plan is worth a mention, especially on the backdrop of the crypto ban imposed by the social media network. In Saturday’s Bitcoin in Brief, we also cover Telegram’s advance towards implementing its payment system using the Gram token. Some blockchain stories with beers and beamers … Read more
Aaron Kaplan, securities attorney and COO of Prometheum, is guest author for this Opinion/Editorial. Initial Coin Offerings (ICOs) have become the investment du jour while the understanding of what ICOs are has become desperately convoluted. Every huckster, scammer and opportunist has tried to hop on the bandwagon. (I’m talking to you, Casey Ryback) Many of … Read more
Telegram has been testing a new service that will store users’ information and documents for verification purposes, according to Russian media reports. Telegram Passport will be used to keep personal details and copies of IDs, banking statements, and utility bills to identify users on Telegram’s blockchain platform TON. Also read: After Telegram, Viber May Be … Read more
In today’s Bitcoin in Brief we’re covering disappointing news for the crypto community: the World Satoshi Summit in Delhi has been canceled because of “regulatory issues” according to its organizers. Also, an alleged crypto pump and dump scheme has been exposed. There is more than one opinion on the case, as you’ll see below. Also … Read more
Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Also Read: Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased Xunlei CEO … Read more
Cambridge Analytica, the London-headquartered data mining firm responsible for the latest Facebook privacy scandal, has reportedly been working on launching its own initial coin offering (ICO) in recent months. The company has also been linked to helping other shady players market their tokens. Also Read: SPI Solar to Host 5,000 Bitcoin Miners for Chinese … Read more
