Category: Digital Currency

July 01, 2019 BY Mariela Naydenova

Is Goldman Sachs launching their own cryptocurrency?

After JP Morgan's alleged JPM Coin's launch came to life, another major US bank may be thinking of launching its very own digital coin. Goldman Sachs may be following in the footsteps of its biggest competitor. JP Morgan essentially becomes the first major US bank with its very own cryptocurrency. As Leaprate reported: "As reported…

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Chinese cabinet officials rescind previous threat to ban mining operations
June 26, 2019 BY Mariela Naydenova

Iran cuts off power for crypto mining - the reasons

The Government of Iran has decided to stop the power for crypto mining until new prices for energy are approved, reported Zero Hedge. An Official of the Iran's Ministry of Energy, Mr. Mostafa Rajabi Mashhadi, has revealed that the electricity consumption in the country has climbed with 7% for a period of one month only…

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Federal Reserve Board
June 26, 2019 BY Mariela Naydenova

The Crypto Central Bank - the "Decentral" project

The Trump Administration is anything but boring. Even potential Trump "employees" are constantly in the news either because of scandal or a really "good idea". Be that as it may, an economist who rescinded his bid to joint the Federal Reserve, plans to launch his very own Crypto Central Bank or the so called -…

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Coinbase crypto exchange expands custodial services in Asia market
June 10, 2019 BY Mariela Naydenova

Coinbase adds DAI in its Earn Program

Coinbase, the US largest cryptocurrency exchange, is adding the stablecoin DAI to its Earn Program. After Coinbase announced the upcoming EOS support in the beginning of the month, now DAI will become the second "innovative" addition that the exchange is providing to its program. The program Earn allows all users to actually receive digital coins…

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Ripple
June 10, 2019 BY Mariela Naydenova

Ripple expands into Brazil with a new office

Ripple is not wasting its time when it comes to global expansion. The company has just opened a new office in Brazil - a strategic move that will help Ripple support their ever growing client base South America. The new office will enable all regional customers be closer to the San-Francisco-based startup. Ripple has already…

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June 06, 2019 BY Mariela Naydenova

The $4.6 million "crypto" lunch with Warren Buffet

Warren Buffet is known as not a "crypto fan", but this doesn't mean that crypto enthusiasts do not have interest for the Wizard of Omaha. Now, the CEO of BitTorrent and the founder of TRON, Justin Sun, is said to be paying the staggering amount of $4.6 million for a private lunch with Warren Buffet,…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
June 05, 2019 BY Mariela Naydenova

SEC staffers surprise forum attendees with knowledge of crypto details

Occasionally government officials can surprise us common folks with their detailed understanding of a specific topic requiring a new legislative outlook. The crypto community has been especially on guard with respect to the actions of the Securities and Exchange Commission (SEC) after its continued clampdowns on Initial Coin Offerings (ICOs) and its refusal to grant…

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Analyst predicts Facebook’s FaceCoin could earn up to $19 billion by 2021
May 24, 2019 BY Mariela Naydenova

Facebook plans to roll out the "GlobalCoin" in 2020

Facebook plans to launch its own cryptocurrency, a coin called GlobalCoin in 2020. The news report comes from BBC. The cryptocurrency will reportedly become available in several countries in the first quarter of 2020. However, trials are going to start by the end of 2019. Facebook's cryptocurrency and blockchain initiatives are some of the most…

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