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The Economic Development and Trade Ministry of Ukraine has initiated a “state policy” for the classification and legalization of crypto-related activities, Ukrainian state information and news agency Ukrinform reported Oct. 26. The Ministry has reportedly issued an official press release stating that its purpose is to “create understandable conditions for conducting activities in the field of virtual assets and...
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Ripple has recently hired a former senior developer at Google’s new wireless messaging service as vice president of products, Reuters reports Friday, Oct. 26. The U.S. tech company that backs the third top cryptocurrency by market cap, Ripple (XRP), has confirmed to Reuters that Amir Sarhangi is leaving his position at Google to lead Ripple’s global payments network, RippleNet. Sarhangi reportedly joined Google in 2015 when the...
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Sunday, Oct. 28: crypto markets have seen some minor fluctuations, with most of the top 20 coins by market cap seeing price changes within 1 percent over the past 24 hours, according to CoinMarketCap. The total market capitalization has remained hovering below $210 billion over the day. Market visualization from Coin360 Bitcoin (BTC) is slightly up 1.7 percent and trading at $6,483 at...
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Cryptocurrency exchange and brokerage giant Coinbase has provided a major stamp of approval to one of several recently launched USD-pegged cryptocurrency “stablecoins” seeking to supplant tether (USDT) as the leader in this burgeoning market niche. The San Francisco-based Coinbase on Tuesday announced that beginning today, customers can buy, sell, send, and receive USD Coin, the cryptocurrency initially launched by...
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Blockchain Investor Vinny Lingham ‘Bitcoin Threatens Gov’ts’ Ability to Make Money’
Bockhain entrepreneur and industry advisor Vinny Lingham told Cointelegraph in an interview Oct. 21 that cryptocurrency prices will surge again, but it will take some time. Speaking with CT during the Money20/20 conference Sunday, Lingham – also the CEO of Blockchainidentity startup Civic – stated that cryptocurrency markets need time to regain previous volumes, arguing that the market’s priorities have...
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Nouriel 'Dr. Doom' Roubini '99 Percent of Cryptocurrencies are Worth Zero'
Nouriel Roubini is a New York-based economist that famously predicted the 2008 financial crisis when only a few considered there might be a threat to the existing course of events at the time. A Harvard alumnus and now a professor at NYU Stern School of Business, Mr. Roubini has always been critical of the crypto and blockchain...
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How to Buy Smartphone for Crypto Project Launches New Blockchain-based Marketplace
A project called Nasdacoin is planning to open a new online marketplace where users can buy and sell products, as well as services to each other, directly using the company’s cryptocurrency as a payment method. The new multilateral platform is to be launched on Oct. 30, 2018, when the final testing is completed. The platform features will include geolocation,...
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From Encrypted Messaging to Critical Fire Systems Blockchain for Security Sector
Blockchain-based systems’ decentralized nature makes for their formidable resiliency to the outsiders’ attempts to infiltrate or take down such networks. Governments, law enforcement agencies and even military leadership around the world seem to be embracing a more blockchain-friendly way of thinking as they realize that the power of distributed ledger technology (DLT) could be harnessed...
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One Blockchain to Rule Them All Congressmen’s Mission to Define the Technology
Last week, two US lawmakers introduced a bill dubbed the “Blockchain Promotional Act 2018” in the House of Representatives. Its main purpose is to establish a common definition of ‘blockchain’ technology along with a blockchain working group that would potentially overview studies for federal adoption of the technology. Here’s what the bill might mean for the US...
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Ephrata, Washington Imposes Year-Long Ban on New Cryptocurrency Mining Operations
The city of Ephrata, Washington, will halt new crypto mining developments in the city for the next 12 months, Eastern Washington and North Idaho daily newspaper The Spokesman Review reports Friday, Oct. 19. The recently announced suspension will only affect new crypto operations from being established in Ephrata, while the existing four businesses already there will continue operating. According to...
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