John McAfee will No Longer Promote ICOs, Because of ‘SEC Threats’

Cyber-security Tycoon John McAfee won’t Promote ICOs Anymore, Cites ‘SEC Threats.’ The Cybersecurity tycoon-turned-digital currency backer, Mr. John McAfee, stated on Tuesday that he will end his work on Initial Coin Offering (ICOs). In a tweet, John McAfee referred ‘SEC Threat’ when explaining that he would stop working on the token …

Ripple’s [XRP] Cory Johnson Says Cross-Border Money Flow Is Huge For Global Economy

Ripple Adds To The Financial Process And Functioning Of Its Clients The post of Ripple on Twitter is carrying a highlighted explanation by Cory Johnson toward the Yahoo fund summit last week: “Moving money across borders might not seem that exciting, but if you think about what it means  for …

A Brief Guide to Funding in ICOs

Several startups boosted around $5.6 billion via ICOs during 2017, as mentioned in a report published by Business Insider. In the year 2017, various projects and startups raised capitals by issuing their cryptocurrencies. Although, initially the cumulative market capitalization of crypto values was $254 billion, an increase of $600 billion …

San Francisco-based Ripple Donates $2 Million to Texas University’s Blockchain Initiative

The University of Texas to Receive $2 Million Donation from Ripple  One of the 17 institutions selected for Ripple’s $50 Million academic pledge, the University of Texas in Austin will get $2 Million from Ripple. As per university student newspaper The Daily Texan, the McCombs School of Business at UT …

A Village in Japan is Planning their own ICO

A Japanese Village is Launching the Country’s first ICO on the Municipal level A small Japanese village is shifting to digital currencies in an attempt to bolster its economy. Nishiawakura, a village of roughly 1,500 people in the Okayama prefecture in Japan, unveiled its plan last week to start a …

Blockchain is Almost a Must-Have for Business, says UBS CEO

Swiss Financial Giant UBS CEO says Blockchain Technology is ‘Almost A Must’ for Business The CEO of Swiss Financial service giant UBS Group AG endorsed blockchain in an interview, recommending that it is ‘almost a must’ for business. Mr. Sergio Ermotti told CNBC on Monday that the technology can enable …

Government Officials must Disclose Crypto Holdings, says US Ethics Office

US: Federal Official must Reveal their Cryptocurrency Holdings Ethics Officials said Monday, those who are working for the executive branch of the  U.S. government must reveal their Cryptocurrency Holdings. In a legal advisory issued on Monday, the U.S. Office of Government Ethics (OGE) explained that digital currency is “property held …

16 Arrested in Monero Cryptojacking Case in Japan | Coindelite News
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16 Arrested in Monero Cryptojacking Case in Japan

Japanese Police made 16 Arrest in Monero Cryptojacking Case On 15th June, local news outlet The Asahi Shimbun reports, Japanese prosecutors from 10 prefectures have made 16 arrests suspected of involvement in an ongoing criminal case of cryptojacking. Cryptojacking is a practice of utilizing unsuspecting user’s processing power in order …

Agreement Between Ripple Labs And The US Treasury Department Defines XRP As A Currency, Not A Security

Will a concurrence between Ripple Labs and the US Treasury Department persuade the SEC that XRP is not security? Ripple marked a settlement assertion with the Treasury’s Financial Crimes Enforcement Network (FinCEN) done in 2015, paying a $700,000 fine for “selling its virtual currency, known as XRP, without registering for …

Looks Like Nvidia Expanding Its Interest In Blockchain | Coindelite News
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Looks Like Nvidia Expanding Its Interest In Blockchain

Graphics Card Producer Adds Blockchain-AI Base Startup To Incubator Nvidia seems to be developing its interest in the blockchain. The graphics card producer had demanded last year, will be right away working with a startup called Ubex to create a smart online marketing platform that uses blockchain and artificial intelligence. …

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