In an interview with The Bitcoin of Crypto Street, venture capitalist Tim Draper announced that Bitcoin would give humanity freedom. In addition, cryptocurrency now opens up access to budget transfers of funds worldwide without any problems. Draper remembered the various forms of payment – from shells to gold, and noted that in the 21st century, traditional currencies are based on faith in the government. BTC, however, appears to be a completely unique means of payment – the asset is not controlled by any government and is designed to participate in international payments. In addition, BTC acts as an excellent means…
Author: BlockchainJournal
After the SEC temporarily blocked the release of the Gram cryptocurrency through a court, the team of Pavel Durov commented on the situation in a letter to investors quoted by The Bell. According to the creators of the project, over the past 18 months, Telegram has been trying to establish contacts with representatives of the US Securities and Exchange Commission (SEC) and hear the opinion of its specialists on the TON project. “We were surprised and disappointed that the SEC in these circumstances chose to go to court, and we do not agree with its legal position,” the letter said.…
Representatives of LongHash analyzed Coinopsy data on 700 already "dead" crypto projects. Researchers reviewed project performance over an 8-year period and talked about the most common reasons why they were unable to continue further climbing. The most common reason is the “death” from the fact that the project simply turns out to be abandoned over time. Investors stop trading tokens and indicators fall to zero. Such a fate befell 63.1% of all projects. The next large group of projects that have disappeared from view includes scam. Fraudulent projects accounted for 29.9%, most of which were launched in 2017 during a…
The Central Bank of Ireland granted Coinbase a license for e-money transactions. According to CEO of the British division Zeeshan Feroz (Zeeshan Feroz), the expansion is necessary in order to provide services to residents of the EU and Eurozone countries after Brexit. The company opened an office in Dublin in October 2018. Recall that the British license Coinbase received in March last year. Subscribe to […]
Asset management company VanEck, previously unsuccessfully trying to bring Bitcoin ETFs to the US market, published a study entitled “Justification for Bitcoin Investments,” citing reasons that should encourage investors to consider adding a leading cryptocurrency to their portfolios. According to VanEck, bitcoin is a combination of “longevity, scarcity and privacy, which contribute to its monetary value”. Monetary value versus intrinsic value VanEck repeatedly refers to the idea that Bitcoin is “digital gold” and can serve as a means of accumulation. Responding to the comments of critics who expect Bitcoin to fail due to its inherent inherent value, the company calls…
The US regulator SEC announced that it was decided to impose temporary restrictions on two offshore companies that are related to the TON project ICO. As part of a series of orders, Telegram representatives lost the opportunity to distribute their tokens to US residents. Stephanie Avakyan, representative of the SEC, said on the eve that the measures taken by the Commission are aimed at preventing the invasion of Telegram tokens, which were distributed illegally to investors, in the US market. The SEC noted that the company sold almost 3 billion Gram tokens at a reduced cost to 171 investors located…
Blockchain, the cryptocurrency wallet provider, will add support for Stacks tokens in the product line for retail and institutional investors, including the block explorer and the wallet itself. We're partnering with @blockchain to bring new wallet & browser options to Stacks token holders. A leading provider of trustworthy crypto products, Blockchain will play a key role in helping us introduce #CantBeEvil […]
The United States Securities Commission (SEC) has secured a temporary injunction against the structures of Telegram founder Pavel Durov. The Commission filed a lawsuit in the Manhattan District Court against the Virgin Islands-registered Telegram Group Inc. and its “daughters” TON Issuer Inc., in which it requires to withdraw all funds raised from investors in the Gram cryptocurrency project in state revenue. Recall that Telegram managed to raise $ 1.7 billion from 171 investors, selling about 2.9 billion Gram tokens. There are 39 investors in the USA who have invested $ 850 million, follows from the Telegram application filed with the…
The President of Russia approved the technology development strategy, which he considers the most important in history. Yes, it's about artificial intelligence. Putin kicked off AI development in Russia The document signed by the president provides for an AI development program, designed until 2030. During this time, it is planned to invest in the education of specialized personnel, software development, research and improving the availability of quality data for AI. In addition to signing this document, Putin instructed to add a new federal project related to artificial intelligence to the national program “ Digital Economy ”. The government must comply…
Cihan Wu, co-founder and CEO of Bitmain, a Chinese manufacturer of mining equipment, believes that the next BTC halving is unlikely to provoke bull activity, however, in the long term, the flagship cryptocurrency will appreciate. Wu announced his assumptions during the international mining summit in Frankfurt. The head of Bitmain explained that the development of the crypto market is carried out cyclically, and in the near future the bull phase may not start until the halving. He, however, is confident that in the long term, crypto enthusiasts will be more confident in investing in mining equipment. Wu added that there…