This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. A Singapore-based VC fund specializing in groundbreaking tech projects has become an investor in Ubank’s blockchain ecosystem for selling and buying real goods with cryptocurrency Ubank, the leading mobile payments app in the Eastern Europe, announced that it has secured an undisclosed amount of funding…
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Silicon Valley Philanthropists Dig Deep into their Crypto Wallets during Fundraising Event
In a time when we’re bombarded with the supposed evils of Bitcoin (right, Mr. Baby Brains Munger?) on a seemingly daily basis, it’s refreshing to see crypto take the spotlight for a worthy cause. According to Bloomberg, this is exactly what happened at a San Francisco fundraising gala held on the 3rd of May. The event was held to raise money to combat poverty in the Bay Area and was planned by the Tipping Point Community non-profit organization (NPO). Raising more than $14 million is definitely worth celebrating, as is…
Read MoreDetails Emerge on Foxconn-Manufactured Ultra-Secure Crypto Phone
Bitcoin paranoids rejoice. The technical details have emerged about Sirin Finney, an ultra secure mobile device promising to keep your cryptocurrency transactions private. The phone will feature an embedded cold storage wallet, and will be build by the same company that builds the iPhone. Also Read: Elon Musk Takes on Bitcoin-Bashing Warren Buffett Secure Element Sirin Labs has released the specifications for its “ultra-secure” cold storage crypto wallet-phone that is expected to hit markets later this year. The company, which raised $157.8 million in an initial coin offering (ICO) last…
Read MoreCanada Steals Crypto Startup From the U.S. With Less Stringent Laws
CBlocks, a Miami based-based cryptocurrency startup is moving to Canada to avoid regulatory trouble in the United States. The firm has been unable to obtain clear legal guidance concerning its status, hence the move. Cryptocurrency laws in Canada are a lot less stringent than in the United States. Unclear U.S. Regulations to Blame for the Move According to the firm’s co-founders, they are not sure of how the regulatory agencies would classify the company. They even reportedly hired two lawyers from different firms, all to no avail. Both lawyers couldn’t…
Read More$2.5 Billion Sent Out of Iran to Purchase Cryptocurrencies
The chairman of the economic committee of Iran’s parliament has revealed that Iranians have sent more than $2.5 billion out of the country to purchase cryptocurrencies with. His statement follows the country’s central bank banning local banks from dealing with digital currencies including bitcoin. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $2.5 Billion Capital Flight Mohammad Reza Pourebrahimi, the Chairman of the Economic Commission of the Parliament of Iran, was quoted saying last week by Ibena.ir news agency: Based on the existing data, few people in Iran are…
Read MoreCan Blockchain Save Movies from Online Piracy?
A new startup claims that blockchain technology and cryptocurrency can save movies from online piracy, but is this realistic? There are a lot of banes that the film industry has to contend with, such as negative reviews, diva actors, and spoilers. However, one of the largest thorns is the huge amount of online piracy of movies that are currently playing in the theater or just recently left. TaTaTu, a new blockchain-based platform co-founded by Hollywood producer Andrea Lervolino, aims to help movies fight against online piracy, but can the blockchain…
Read MoreABCC Is Revolutionizing Zero-Fee Trading
Tired of watching exchange fees slowly eat away at your funds while you make trades? If so, maybe it’s time to join the revolution. Where’s Your Money Going? Nobody likes paying fees. You don’t like it. We don’t like it. Even superstar NFL cornerback Richard Sherman doesn’t like it. The four-time Pro Bowler once explained: Every time you make a trade, there’s fee. Skimming off the top. A lot of people don’t realize until you make 10 transactions in a day. You’re like ‘Why am I $200, $300, $400 less?…
Read More3Commas Continues to Impress with Automated Trading Bots, More Crypto Exchanges
Back in December, I reviewed a suite of ‘smart tools’ designed to help cryptocurrency traders minimize risks and maximize profits. Five months later I decided to revisit the platform to see if they had anything new to offer… If You’re Not Innovating, You’re Stagnating When it comes to crypto, few things are as disappointing to me as when a really promising project launches and comes out of the gate really strong, only to fizzle out a few months or a year down the road. 3Commas, which launched in September 2017,…
Read MoreWaves CEO: Security Tokens are ‘Inevitable,’ Platform Set to ‘Lead the Way’
There’s a lot of talk about cryptocurrency tokens’ status in the financial world. Are they utility tokens? Are they securities? Or are they something else entirely? Three Types of Tokens Despite a brief lull in Initial Coin Offerings over the last few months’ bear market, the token economy in the cryptocurrency space is almost back in full swing. With that bullish momentum, of course, comes discussions over the regulatory status of tokens — and since not all tokens are created equal, the conversation can get quite complicated. In an effort…
Read MoreSoftware Giant Oracle Launching Blockchain Products This Month
Oracle Corp., which is currently the fourth largest software development company in the world, announced that it will be launching blockchain-based products over the course of the next few months, starting this month. According to Wikipedia, Oracle Corp. is ranked as the 4th largest software development company in the world by means of sales revenue, generating over $37.5 billion in 2017. The US-based software giant announced that it will be unveiling its blockchain software products in May and in June. Entering Crypto with a Flair Blockchain-based technologies seem to be…
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