A quarter of the wealthy American "millennials" use or store cryptocurrency . Edelman's Millennials with Money study identifies wealthy Millennials as people aged 24-38 with an individual or joint income of $ 100,000 or $ 50,000 in investment. Another 31% are interested in the use of cryptocurrency . According to Deidre Campbell, head of financial services at Edelman, the numbers are quite surprising, although they are not surprised by the millennials she spoke with: "All owners of cryptocurrency said to me that they would like to buy it before ," said Campbell. Study participants also prefer cash over other generations.…
Author: BlockchainJournal
In the Arbitration Center at the Russian Union of Industrialists and Entrepreneurs (RSPP), the newly created board will deal with disputes related to the use of digital technologies, Kommersant writes. The team of specialists will consider cases related to rights recorded in the blockchain and with the use of smart contracts, transactions with digital assets and ICO. The board may be headed by the head of the State Duma working group on the estimated risk of cryptocurrency turnover Elina Sidorenko. "At the moment, amendments have been made to the regulation on the Arbitration Center regarding the creation of a panel,…
On October 31, 2008, six weeks after the collapse of one of the largest investment banks, Lehman Brothers, which eventually became a global catastrophe, a person or group of people under the pseudonym Satoshi Nakamoto published / / and white paper the first in the history of a decentralized payment system. The emergence of Bitcoin has become the apogee of many years of attempts by the cipher bank community to create an alternative monetary system without a single point of failure, reversibility of transactions and total surveillance. But even prominent shipropank not able to see the revolution in the bud.…
Ethereum developer and creator of the ERC-20 standard Fabian Vogelstell during a speech at the Devcon4 conference in Prague proposed the concept of a reversible ICO (RICO), during which a special smart contract will allow investors to return their investments at any stage of project development by returning tokens. As soon as the Ethereum coins come back to the investor, other users will have the opportunity to purchase tokens. Vogelstellar stressed that all this can provoke a fluctuation of quotations, therefore, projects will need to attract basic funding from private investors outside the ICO. He added that he felt responsible…
The social investment platform eToro has added support for Binance Coin, an internal token of the same name bitcoin exchange. Senior analyst at the company Mati Greenspan is convinced that Binance was able to create a real utilitarian token, unlike other ICO projects. Binance Coin is now available on eToro. Here you should know about $ BNB : ▪ Created by the world's largest crypto exchange, Binance, BNB. – eToro (@eToro) October 29, 2018 Greenspan is not sure whether US residents will be able to trade BNB on eToro, but sees no point in imposing such restrictions. “No one will…
The well-known cryptocurrency exchange Coinbase, after the completion of a new round of financing, is now among the most valuable technological startups in the world. It was announced today that the exchange raised $ 300 million after completing the E Series financing round, led by Tiger Global Management. Also in the role of investors were such companies as Y Combinator Continuity, Wellington Management, Andreessen Horowitz and Polychain Capital. Coinbase President Asiff Hirji claims that the company no longer needs funding, since last year it reached a record profit of $ 380 million. He also noted that in 2018, the…
Bittrex Cryptocurrency Exchange has announced the creation of a new trading platform Bittrex International for working with digital assets, which will introduce an accelerated listing expansion process and provide more opportunities for qualified international clients. Bittrex International runs on the basis of Bittrex Malta and can start work in a few weeks. Bittrex users, except residents of the United States, will be able to enter the site with their current credentials and gain access to international markets after agreeing on new terms of service. Among the main features of the site are the accelerated adding of tokens to the listing,…
Last year, due to energy consumption due to mining of bitcoin, 69 million tons of carbon were released into the atmosphere, which is 1% of the total. This is stated in a study of scientists at the University of Hawaii, published in the scientific journal Nature Climate Change . In order to predict the future Bitcoin environmental footprint, the researchers examined the level of adoption of other US innovations, such as credit cards and dishwashers. It turned out that if the adoption of Bitcoin will coincide with the indicators of these technologies, then in 16-22 years the temperature of the…
Hong Kong-based Bitcoin Exchange Bitfinex has introduced a new mobile application for the latest versions of the operating systems iOS and Android. A brand new Bitfinex app is coming for you to go. Designed to mimic the functionality of our website, it can be easy to use. https://t.co/OyTdcudV24 pic.twitter.com/wcZBoTv4wZ – Bitfinex (@bitfinex) October 30, 2018 Now users can access widgets of open orders, margin positions, favorite trading pairs and transaction history. At the same time, the application supports the design and when the smartphone is in a horizontal position, based on the size of the device. Note that users can…
The Financial Conduct Authority (FCA) will consider banning the sale of cryptocurrency-based secondary securities to small investors. Reports about it Financial Times . On Monday, the supervisory authority announced that it would hold a meeting in the first quarter of 2019 and decide to impose such a restriction. This may be the first major intervention of the regulator in the country's cryptocurrency market. The announcement was made in connection with the publication of a report from a special working group on cryptoactive assets. This group includes representatives from the above Office, Her Majesty’s Treasury and the Bank of England (BOE)…