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The specter of the deep web looms large over everything bitcoin does. You won’t hear it mentioned by VCs funding blockchain startups, or by options exchanges applying for bitcoin ETFs, but the darknet is the reason we’re all here. A periodic glance into the latest from the deep web provides an insight into the underbelly where bitcoin first bloomed, and where a significant proportion of cryptocurrency purchases still occur. Also read: Giant Bitcoin Merchant Bank Posts Losses Over $130 Million From Reddit to Dreaddit Ever since Reddit’s r/darkmarkets was shut down,…

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US presidential candidate, Andrew Yang (D), has announced that his campaign for the 2020 election is now accepting cryptocurrency donations. Also in the Daily, Chinese social network, Tianya, is about to issue a native token, and the KICKICO project has been hacked – resulting in the loss of $7.7 million USD worth of tokens due to a security breach of its smart contract. Also read: Twitter Blocks Bots Mimicking Musk, Coinvault Hackers Sentenced Yang 2020 Campaign Accepts Bitcoin and Any ERC20 US Democrat Andrew Yang’s campaign is now accepting donations…

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According to a Wells Fargo Gallup Investor and Retirement Optimism Index poll, just 2 percent of Americans surveyed own bitcoin. The poll is based on US adults who have at least $10,000 or more invested in things like mutual funds, stocks, and bonds. The Gallup survey also reveals that 26 percent of the US residents surveyed are “intrigued” by bitcoin but have no plans in investing any time soon. Also Read: Bitcoin Cash Fund to Help Promote Future r/MillionaireMakers Drawings Gallup Data Says American Investors Find Bitcoin Investment “Risky” But Young…

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SEC commissioner Hester M. Pierce voiced her formal disagreement shortly after the US Securities and Exchange Commission (SEC) denied the application of Cameron and Tyler Winklevoss for a Bitcoin ETF.  SEC Commissioner Hester M. Pierce said in a public statement that the commission was wrong to disapprove the proposed rule change to list and trade shares of the Winklevoss Bitcoin Trust on the Bats BZX Exchange. She also holds that the proposition manages to abide by the statutory standards and that the Commission should, in fact, permit the cryptocurrency exchange…

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Back in early 2015 a Reddit forum was created called r/millionairemakers which is a subreddit that tries to create a millionaire by getting one million Reddit users to donate $1 each and the forum subscribers give the money to a random person in hopes they can create a millionaire. Now the lottery-style forum is allowing bitcoin cash (BCH) donations with Tippr and Chaintip. The forum administrators are also partnering up with the Bitcoin Cash Fund, and the non-profit plans to donate $200 in BCH towards the pot of each draw.…

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Thursday, July 26 might go down as a severe setback for the prospect of bitcoin exchange-traded funds (ETFs). For the second time, the same major trust applying for bitcoin ETF approval was rejected by the United States Securities and Exchange Commission (SEC). SEC Release No. 34-83723, File No. SR-BatsBZX-2016-30 formally denied the Winklevoss Bitcoin Trust ability to list and trade shares. The decision comes amidst high levels of optimism toward bitcoin ETF approval as soon as next month. At least one SEC official does not agree with her colleagues’ decision. …

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The crypto exchange platform subsidiary of the Gibraltar Stock Exchange is now open to the public with six cryptocurrencies. Users can fund their accounts in USD. Meanwhile, its token sale platform, GBX Grid, has already completed its first token sale with three new projects planned. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GBX Digital Asset Exchange Launched The GBX Digital Asset Exchange has launched to the public, the exchange announced this week. The GBX is a subsidiary of the Gibraltar Stock Exchange which is regulated by GFSC and operates…

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Voyager, a startup backed by Uber co-founder, Oscar Salazar, has announced that it will launch a commission-free cryptocurrency trading platform. It is intended to function as an aggregation engine for cryptocurrency prices across more than a dozen trading venues.  Also Read: J-Pop Star GACKT Caught Between Crypto Company Spindle and Minister’s Gaffe Startup Founded by Uber Alumni to Host Fee-Free Crypto Trading Voyager has revealed that it intends to offer fee-free trading for pairings of at least fifteen different cryptocurrencies on the new platform, including BTC and ETH. The platform has…

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The United States Securities and Exchange Commission (SEC) has delayed deliberations on five bitcoin exchange traded funds (ETFs) that were filed with the SEC by NYSE Arca, Inc. Also Read: PR Specialists in the Russian Crypto Space Paid 10x the Average Salary SEC Consideration of NYSE Arca Bitcoin ETFs Postponed The SEC has announced that will delay determinations pertaining to five bitcoin ETFs filed for by NYSE Arca until the 21st of September, 2018. A document made available from the Federal Register states that the commission will designate “a longer period…

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South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. A bureau dedicated to financial innovations that include cryptocurrencies is being set up. In addition, an agreement with Chinese authorities relating to crypto and initial coin offerings has also been reached. Meanwhile, the contracts between Korean crypto exchanges and banks for real-name accounts will expire this month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Major Organizational Restructuring FSC Chairman Choi Jong-ku. Last week South Korea’s top financial regulator, the…

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