Lithuania Presents Guidelines on Cryptocurrency and Initial Coin Offerings The Ministry of Finance of the Republic of Lithuania has announced on Wednesday, June 6, brand-new guidelines regulating the country’s crypto market. They consist of four main parts, namely regulation, taxation, accounting, and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT). A document on initial coin offering (ICO) guidelines, published by Lithuania’s Ministry of Finance last week, outlines the detailed information on how an ICO and a digital currency may act within the country. The financial institution, however, points out that these recommendations cannot be considered as law. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/lithuania-presents-guidelines-on-cryptocurrency/ |
|
|
|
With the Bitcoin Price Falling, Tim Draper Assures It Will Go Up to $250,000 The value of Bitcoin (BTC) is experiencing its new low since February 2018, trading slightly above $6,430. The digital currency has fallen by more than 11%, pushing its monthly losses to the mark of 25%. However, Bitcoin bull Tim Draper believes that the crypto coin can reach $250,000 in a four-year term. The reduction in price seems to be gaining momentum, as bitcoin trading is currently conducted on the level of $6,430. However, the crypto market evidences a high selling pressure. If we look closely at the 4-hour timeframe chart, it will show that the price of Bitcoin has not managed to go further than $9,500 in May. Besides, we can point out a couple of support zones, but they have failed to resist to the prolonged bear pressure. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-price-falling/ |
|
|
|
UK Authority Warns Banks to Strengthen Scrutiny on Cryptocurrency Clients The United Kingdom’s Financial Conduct Authority (FCA) has officially asked bank CEOs to ‘enhance scrutiny’ in order to avoid the financial scams related to digital currencies. The watchdog also suggested banks create a special expertise for their staff helping them to identify financial activities of a high-risk. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/banks-to-strengthen-scrutiny-on-cryptocurrency-clients/ |
|
|
|
Are you thinking about investing in a cryptocurrency? Do you know, that buying tokens during an ICO can be the most lucrative time to purchase? These are the new trending European TOP ICO with over $10M funding according to the most famous investing platform – Crunchbase. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/trending-european-top-ico/ |
|
|
|
Crowd Wisdom Investment Solutions Midas Takes on Melonport Co-Founders As Advisors The Midas app gives users access to the open source Melon protocol that is constantly being updated and improved by the community. The Midas app allows users to set up and manage a fund on the blockchain, which is able to hold crypto assets as if it were a digital wallet. This translates to reduced cost as well as quicker settlement times, while improving transparency, security and control. It’s ‘Midas Touch’ is an investment button that works much like a “Like” button – a form of crowd wisdom investing that allows you to buy digital assets or buy assets in other user portfolios easily. Other users, similarly, can invest in your own fund as well. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/midas-takes-on-melonport-co-founders-as-advisors/ |
|
|
|
Mobility Ecosystem Moveco Lets You Earn as You Move Newly-launched mobility platform Moveco is well on its way to building a safer and smarter mobility industry that also makes it more efficient and affordable to do one of the most basic things of life: move. As Moveco users move, they will record miles and share data, and their level of contribution will earn them MOV utility tokens, which can be used to purchase services, goods and experiences on the Moveco Redemption Platform or with Moveco loyalty partners. This will translate into discounts on parking, petrol, maintenance and other vehicle-related products and services. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/moveco-lets-you-earn-as-you-move/ |
|
|
|
Everybody Can Take Advantage of the World Cup with 1xBit You don’t need to be a professional bettor to make easy money on the World Cup matches with this promotion from 1xBit. Earning money and having fun at the same time? With 1xBit it’s possible! Creating an account takes only a few seconds, and that’s not just a figure of speech. Afterwards, every bet of 2 mBTC that you place on any World Cup match starting June 13th gets you with a ticket and automatically qualifies you for the lottery where you can win 100 mBTC daily. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/take-advantage-of-world-cup/ |
|
|
|
The price of Bitcoin, as well as other main altcoins, has decreased within an hour after small South Korean crypto exchange Coinrail revealed on Monday it had been hacked. The scammers allegedly stole up to $40 million in virtual coins. According to TechCrunch, the Bitcoin value has dipped more than 10% after the hack of Coinrail. Fraudsters stole some kinds of crypto coins that were lesser known on the world’s crypto market. They included NPXS, Aston X, Dent, and Tron. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/major-drop-in-bitcoin-price/ |
|
|
|
Mastercard Files Patent for Blockchain-Based Payment Verification Technology The US Patent and Trademark Office (USPTO) has announced a patent application from Mastercard for a system and method that uses blockchain technology for payment card verification at the point-of-scale (PoS). Mastercard filed this patent in December 2016. This move is aimed at addressing card skimming and will entangle retrieval of payment credentials from a third party source through a publicly accessible blockchain. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/mastercard-files-patent-for-payment-verification-technology/ |
|
|
|
A new cyber threat on the block that is more slippery than anything we have observed before has emerged and that's why it's currently the malware of choice for hackers all over the African continent. Even though cryptocurrency-mining malware is comparatively fresh on the cybercrime landscape, it’s still the giant malware in the major markets in the whole of Africa for some months. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/new-malware-is-gradually-increasing-in-africa/ |
|
|
|
Since the dawn of blockchain technology, the digital currency communities have been consistently exploring the possibility of integrating such technology with the real-world business. In the past ten years, blockchain has undergone three waves of evolvements: blockchain era 1.0 is represented by BTC, which is barely capable of practical application; blockchain era 2.0 is marked by ETH, whose main purpose is to build the foundation for Initial Coin Offering of various digital currencies; the recently heated EOS leads people into blockchain era 3.0, with the potential to engage in business activities across industries. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/already-missed-eos/ |
|
|
|
Why Brazil is Crazy for CriptoHub With great deals, a top team and cutting edge tech, Brazil’s new crypto exchange is just what they need. The demand for cryptocurrencies in Brazil is evident in many ways, with one such being that a major Sao Paulo institution has claimed to be the first in the country to launch a Masters programme in cryptocurrency, bringing cryptocurrency trading in Brazil to the mainstream of education and effectively formalising the industry. And there is good reason why this inherent affinity for crypto trading has also translated into craze for the brand new crypto exchange on the Brazilian horizon, CriptoHub. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/brazil-is-crazy-for-criptohub/ |
|
|
|
More than Half of Cryptocurrency Exchanges Have no Full KYC Compliance Recent research examining 25 of the world’s crypto exchanges has shown that 68% of crypto exchanges are failing to comply with “Know Your Customer” (KYC) policies. Non-compliant companies have a lot of work to do as new anti-money laundering regulations will come into force next year. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptocurrency-exchanges-have-no-kyc-compliance/ |
|
|
|
Back in 2017, cryptocurrency cards were all the rage. Touted as a solution for the limited cryptocurrency market, they promised a new age of crypto — we just had to wait for it. Well, it’s summer of 2018 now, and we are still waiting. Something has clearly gone wrong. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/where-have-all-crypto-cards-gone/ |
|
|
|
Where Have All The Crypto Cards Gone? Bonpay actually had a cryptocurrency card at the end of 2017. They were not the only ones, but their solution was one of the most advanced at that point. However, they, as well as almost every other crypto card service, soon got set back almost to the beginning. Read more: https://coinidol.com/where-have-all-crypto-cards-gone/ |
|
|
|
CFTC Commissioner Officially Calls Digital Currency a “Modern Miracle” Rostin Behnam, an employee at the United States Commodities Futures Trading Commission (CFTC), claimed that cryptocurrency was a “modern miracle” and it would become an essential part of the financial market of any country. Behnam put a great emphasis on the matter of the crypto market. He believes that decentralized and privately-issued crypto coins have all the chances to replace fiat currencies. Furthermore, some small economies may be induced to rely on trade coins in order to survive. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/digital-currency-a-modern-miracle/ |
|
|
|
Co-founder of LinkedIn: The Ban on Advertising ICOs - A Temporary Phenomenon Eric Ly, one of the co-founders of social media giant LinkedIn, is convinced the ban on ICO ads across social media and search engines is temporary. We look deeper at his reasoning here. It seems that one social media company after another, including Facebook and Twitter, have banned ICO advertisements this year. Why so? Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ban-on-advertising-icos-temporary-phenomenon/ |
|
|
|
Local farmers and small-scale businessmen from the town of Kolionivo have decided to create their own digital currency called Kolion. The initiative was spawned by mistrust in the country’s paper ruble that has been losing its position on the world’s financial market. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/village-in-russia-adopted-its-own-cryptocurrency/ |
|
|
|
Hada DBank’s Native Token the HADA Coin to be Traded on Digi Peso Exchange Digi Peso, a Belgium-based exchange has recently inked a deal with Islamic banking solution, Hada DBank to list their native token the HADA Coin. The listing is set to reach completion after the Hada DBank token event. Hada DBank are the first digital bank to utilize the Islamic Banking Model with blockchain technology. This gives them a step up above the rest, separating them from any traditional banking model. The platform is fully transparent and risk sharing which makes the firm less risky and stronger compared to any of their competition. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/hada-coin-to-be-traded-on-digi-peso-exchange/ |
|
|
|
|
Show Posts
