Tagem, a new smart banknote platform is launching the bitcoin banknotes in Singapore, which is known for its blockchain and crypto favorable regulatory measures. The notes comes in denominations of 0.01 and 0.05 BTC and simple to use. The process of acquiring, owning, and circulating cryptocurrencies is a lot safer now as well. Tangem Notes Read More: https://news.bitzamp.com/physical-bitcoin-smart-banknotes-launched-in-signapore/
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Taylor-Copeland Law, a private law firm in California, has filed a class action suit against Ripple Labs, its wholly owned subsidiary XRP II, and Ripple Labs’ CEO Brad Garlinghouse on behalf of aggrieved investors who have sustained losses as a result of Ripple’s sale of XRP tokens. The lawsuit filed with the San Francisco County Read More: https://news.bitzamp.com/xrp-investors-files-class-action-lawsuit-against-ripple/
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Secure messaging app Telegram, has cancelled plans to open its much-hyped initial coin offering (ICO) to the public, an anonymous source told Wall Street Journal. According to the report, Telegram-which is developing a blockchain ecosystem called the Telegram Open Network (TON)- has decided that it does not want to enter into the tight regulatory environment Read More: https://news.bitzamp.com/telegram-has-called-off-its-much-hyped-initial-coin-offering/
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Huobi Labs in Union With Tianya Set to Launch $1 Billion Incubator Fund in Hainan Huobi Labs in union with Tianya community has set out to launch a $1 billion global blockchain fund in Hainan Province, China. The exchange representatives stated in a blog post, Huobi Labs will relocate its China’s headquarter to Hainan Island, off China’s southern coast, where Tianya is headquartered. Both parties will jointly build a “Global Cultural Read More: https://news.bitzamp.com/huobi-labs-in-union-with-tianya-set-to-launch-1-billion-incubator-fund-in-hainan/
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Some cryptocurrency traders in india challenged the central bank’s order in court, citing constitutional issues. After a month India’s central bank barred regulated lenders from facilitating cryptocurrency transactions, trading volumes have surged radically alongside a sharp rally in prices. Analyst argue it would be counterproductive to push virtual currencies at from formal banking system, because Read More: https://news.bitzamp.com/cryptocurrency-investors-bet-trading-will-survive-bank-ban-in-india/
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Barclays CEO Dismiss Rumors About Its Launching of Crypto Trading DeskRefuting rumors, Jes Staley, the Chief Executive Officer of British banking giant Barclays, said the bank is not immediately launching a cryptocurrency trading desk, Staley cited potential compliance and regulatory barriers as reasons but admitted to looking into cryptocurrency-related business opportunities. Also Read: Barclays Explores Cryptocurrency Trading Interest From Crypto Trading Desk Answering one of the questions Read More: https://news.bitzamp.com/barclays-ceo-dismiss-rumors-about-its-launching-of-crypto-trading-desk/
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London Block Exchange Adds Bitcoin Cash And and Ethereum Classic To Its platformLondon Block Exchange has added Bitcoin cash (BCH) and Ethereum Classic. Both trading markets have been added to the platform, and both currencies can be traded against the Pound Sterling. The exchange announced that they now support GBP (Great British Pounds) and BCH pairs, as well as Ethereum Classic (ETC). BCH and ETC to BTC pairs Read More: https://news.bitzamp.com/london-block-exchange-adds-bitcoin-cash-and-and-ethereum-classic-to-its-platform/
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The Tokyo-based cryptocurrency exchange Binance has announced a new competition with 15,000 NANO coins to be given away to winners. The competition will begin at 0:00 AM on Saturday May 5, and run through Friday May, 11 2018. #NANO Competition – 15,000 $NANO To Giveawayhttps://t.co/FfWxqn0RX8 pic.twitter.com/3w22IGQm0R — Binance (@binance) May 3, 2018 The rules of Read More: https://news.bitzamp.com/binance-to-giveaway-15000-nano-in-new-competition/
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Hacked Crypto Exchange Bitgrail Ordered to Cease Operations Shortly After Re-openingItalian-based cryptocurrency exchange BitGrail has again halted operations after momentarily re-opening most of its trading markets on Wednesday. The exchange, which has been mired in controversy since 17 million Nano tokens (XRB) — that is now worth an estimated $140 million — went missing in February, re-opened trading for all coins except XRB at 10:00 Read More: https://news.bitzamp.com/hacked-crypto-exchange-bitgrail-ordered-to-cease-operations-shortly-after-re-opening/
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US House Subcommittees to Explore Blockchain Application in Supply Chain ManagementTwo U.S. House Subcommittees will hold a hearing next week to explore the potentials of blockchain in improving supply chain management and combat counterfeit goods. According to a notice published on the Subcommittee on Science, Space, and Technology’s website, the Subcommittee on Oversight and the Subcommittee on Research and Technology will hold a hearing on Read More: https://news.bitzamp.com/us-house-subcommittees-to-explore-blockchain-application-in-supply-chain-management/
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Ripple (XRP) Goes After Derivatives Market With Codius To Increase in Market ValuationCodius, Ripple (XRP) smart contract platform, has been revived as ripple is going after the derivatives market with Codius to create a marketplace for XRP derivatives. Derivatives market size: $1.2 quadrillion. If XRP is used to settle contracts the value of XRP should see a dramatic increase in valuation. An XRP derivatives market enables both Read More: https://news.bitzamp.com/ripple-xrp-goes-after-derivatives-market-with-codius-to-increase-in-market-valuation/
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The Enterprise Ethereum Alliance (EEA) has announced the public release of its new Enterprise Ethereum Architecture Stack that is set to standardize the specifications of Ethereum enterprise solutions. Also Read: Ethereum, the Second Largest Cryptocurrency in the World is Under Regulatory Scrutiny Developed by EEA members, the stack defines the “building blocks needed to drive the Read More: https://news.bitzamp.com/eea-launches-its-new-enterprise-ethereum-architecture-stack/
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Automobile Giants BMW, FORD Among 30 Members of New Blockchain ConsortiumThe world’s largest car manufacturers have announced forming the biggest-ever consortium Mobility Open Blockchain Initiative (MOBI) focused on applying blockchain tech in the automotive sector. Announced Tuesday, MOBI has revealed over 30 founding members including BMW, General Motors, Ford, Renault, Berkeley, Hyperledger, Fetch.ai, IBM and IOTA. The organization will explore the potential of the blockchain Read More: https://news.bitzamp.com/automobile-giants-bmw-ford-among-30-members-of-new-blockchain-consortium-2/
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Goldman Sachs Plans to Open a Bitcoin Trading Operation at a Wall Street BankGoldman Sachs confirmed on Wednesday that it will begin to leverage its own capital to trade in a variety of investment contracts linked to Bitcoin, and potentially trade Bitcoin directly in the near future. The Wall Street investment bank will soon start trading bitcoin futures with its own money for its clients, It will also Read More: https://news.bitzamp.com/goldman-sachs-will-start-trading-products-linked-to-crypto/
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In an announcement on Tuesday, a financial investment management company based in Oman called BankDhofar, confirmed its decision to join RippleNet, an enterprise blockchain that sees over 100 financial institutions worldwide as members including banks, payment providers and financial institutions. Also Read: Ripple Defends Digital Currencies at UK Parliament Blockchain Hearing This enables them to Read More: https://news.bitzamp.com/ripple-adds-oman-bank-bankdhofar-to-blockchain-network/
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