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@cryptonews24-blog
Has Facebook Furthered Centralization with New Crypto Policy? FACEBOOK (FB)–If Facebook thought it had won over proponents of decentralization by overturning the ban imposed on cryptocurrency advertisements, it missed the mark in the rhetoric detailed in its updated policy.
Someone Sent 300 Million USD in Bitcoin (BTC) Paying a Fee of 0.004 USD
Someone Sent 300 Million USD in Bitcoin (BTC) Paying a Fee of 0.004 USD
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Reddit forums got heated a few hours ago when a multimillion-dollar transaction was reported on Bitcoin’s Blockchain at almost minimal cost. A wallet of unknown origin mobilized 48,500.08799325 BTC and only paid a fee of 675 Satoshis (0.004 USD).
At the current exchange rate, this would represent a total of almost $300 million sent in minutes:
Several posts documented this transaction…
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Line Establishes Cryptocurrency Trading Service in Singapore
Line Establishes Cryptocurrency Trading Service in Singapore
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Line Corporation is on the verge of launching its cryptocurrency exchange service in Singapore. Takeshi Idezawa, the Line Corp. CEO announced the move during a company conference on Thursday (June 28, 2018). Line is Japan’s biggest messaging platform. It becomes the latest social media company to take an active interest in the cryptocurrency business.
Introducing Bitbox
The company’s…
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Block.one Wants to Rewrite the Entire EOS Constitution
Block.one Wants to Rewrite the Entire EOS Constitution
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EOS is experiencing a full-blown constitutional crisis.
Block.one – the company that designed the EOS protocol but turned the code over to the community to launch – on Thursday proposed that the rules governing users’ behavior on the platform be scrapped and replaced with a “v2.0.”
EOS was envisionedby its founders as a ” holistic blueprint for a globally scalable blockchain society”…
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Korea’s Kakao Corp. Considers Private Placement to Raise Funds for Blockchain Subsidiary South Korea’s messaging app operator Kakao Corp. is considering offering a private placement to attract investors to develop their…
Crypto Wallet Startup Blockchain Launches Institutional Platform
Crypto Wallet Startup Blockchain Launches Institutional Platform
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Crypto wallet startup Blockchain has unveiled a new service platform focused squarely on the institutional market.
Blockchain Principal Strategies (BPS) aims to provide investors and institutions with “unparalleled and tailored access to markets, research and services on the most trusted digital asset platform worldwide,” the company said in a blog post.
The new platform seeks to help…
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Germany’s SolarisBank to Serve Blockchain and Crypto Companies Crypto and blockchain companies from the European Economic Area (EEA) can now conduct business through the fully licensed…
South Korean Financial Watchdog Releases Stricter AML Guidelines for Virtual Currencies South Korea’s top financial regulator has released a set of revised anti-money laundering (AML) guidelines for virtual currencies, according to a…
France Wants to Extradite Alleged Bitcoin Money Launderer
France Wants to Extradite Alleged Bitcoin Money Launderer
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France has joined Russia and the United States in seeking to extradite an accused money launderer connected to the BTC-e cryptocurrency exchange.
As previously reported by CoinDesk, Alexander Vinnik has been at the center of an international dispute ever since he was indicted by U.S. officials.
At the time, the US government also slapped BTC-e with an $1110 million fine, a move that came…
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Expedia Confirms No Longer Accepting Bitcoin (BTC) For Payments BITCOIN (BTC)–A spokesperson for Expedia, the popular U.S. based travel company which collects over 10 billion USD in annual revenue, has confirmed with…
Zcash Governance Panel Shoots Down Research on ASIC Resistance
Zcash Governance Panel Shoots Down Research on ASIC Resistance
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Members of the zcash community have voted not to prioritize ASIC resistance, according to the results of a governance panel led by the Zcash Foundation.
Announced at the Zcon0 conference in Montreal on Thursday, the ballot, which proposed to prioritize ASIC resistance and “discourag[e] the use of ASIC mining equipment in favor of [graphics card] mining equipment,” saw 19 votes in favor,…
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Silk Road’s Ross Ulbricht Denied Review of Prison Life Sentence by Supreme Court The U.S. Supreme Court has denied the review of the life sentence of Ross Ulbricht, also known as the “Dread Pirate Roberts” of the Silk Road darknet marketplace, according to a…
Crypto Markets Budge Little, Bear Trend Shows Scant Signs of Reversal Crypto markets are seeing little momentum today, June 28, as data from Coin360 shows, with price fluctuations of within a 2 percent range among all of the major cryptocurrencies.
Walmart, IBM Blockchain Initiative Aims to Track Global Food Supply Chain Walmart and nine other companies have partnered with IBM in order to release a blockchain for tracking food globally through its supply chain, The Wall Street Journal (WSJ) …
Industrial Giant GE Eyes Blockchain in Fight Against 3D-Printing Fakes
Industrial Giant GE Eyes Blockchain in Fight Against 3D-Printing Fakes
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Industrial conglomerate General Electric (GE) wants to use a blockchain to verify 3D-printed parts in its supply chain, according to a recently-published patent filing.
Published by the U.S. Patent and Trademark Office (USPTO) on June 21and submitted last December, the application outlines a method for integrating blockchains into additive manufacturing – commonly known as 3D printing –…
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Deputy Governor Warns Financial Institutions of Crypto Asset Risks A Bank of England deputy governor has written a letter of warning Thursday, June 28, to CEOs of financial institutions about the risks of exposure to crypto assets.
Bank of England Warns Finance Firms Over Crypto Risks
Bank of England Warns Finance Firms Over Crypto Risks
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The Bank of England’s deputy governor for prudential regulation has warned banks about exposure to cryptocurrency-related assets in a new letter.
Sam Woods, chief executive of the Prudential Regulation Authority (PRA) – a financial services regulator in the U.K. – wrote Thursday that banks, insurance companies and investment firms should take steps to protect themselves against market…
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