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Singapore May Become First Country to Fully Embrace Cryptocurrencies

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Singapore took a step closer towards cryptocurrencies as the national financial regulators discussed their openness towards the emerging industry during the Singapore Consensus. 

Singapore “Does Not Regulate Technology Itself But [Its] Purpose”

It seems that the Singaporean government has a well-thought-out plan for introducing cryptocurrencies into their economy, according to TechCrunch.

The Singapore Consensus 2018 welcomed thousands of cryptocurrency visionaries, entrepreneurs, and experts to discuss and create new links that might form the foundation of the future of the industry. An essential element of the meeting was the talk delivered by the representatives of the Monetary Authority of Singapore (MAS) with regards to the future of cryptocurrencies in their country. It seems that the Singaporean financial regulators are far ahead many other developed countries concerning their understanding of the industry and plans for the future.  Read more...

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Australia’s First Dollar-Backed Crypto Stablecoin to be Launched in 2019

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Just like has already happened with the US Dollar and the Euro, among others, Australia is about to get its first Aussie-backed stablecoin. This will be made possible by a partnership between Bit Trade, one of the oldest cryptocurrency exchanges in Australia, and blockchain employment platform, Emparta. The two firms will collaborate in designing and … Continued

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Why The First 6 Months Of 2018 Have Been Devastating For Bitcoin Exchanges In Japan

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Why The First 6 Months Of 2018 Have Been Devastating For Bitcoin Exchanges In Japan

Breaking news out of Japan today comes as yet another cryptocurrency exchange is hacked, seeing around $ 60 million worth of Bitcoin, Bitcoin Cash and MonaCoin lifted from Zaif, a Japanese based cryptocurrency exchange.

We covered this story a little earlier on so therefore won’t harp on about Zaif too much. The big issue here is that when you actually assess the full scale of the damage of these hacks in Japan, the findings are frankly shocking.

Continue reading Why The First 6 Months Of 2018 Have Been Devastating For Bitcoin Exchanges In Japan at Crypto Daily™.  Read more...

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Bitcoin Degree: NYU Is First College To Offer Major In Crypto

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Bitcoin Degree: NYU Is First College To Offer Major In Crypto

Want to study Bitcoin (BTC)? Actually, now you can major in cryptos.

New York University has become the first U.S. college to offer a major in cryptocurrencies through the Stern School of Business. Stern was the first school to offer undergraduate courses in crypto and blockchain — doing so in 2014 in which only 35 students signed up. This school year, NYU has doubled its course offerings that now cater to hundreds of students.

Continue reading Bitcoin Degree: NYU Is First College To Offer Major In Crypto at Crypto Daily™.

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NYU Offers First Crypto Major in US, Sees Exponential Increase in Interest

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New York University, a prestigious college found in 1831, has started to offer the first crypto major course in the US. Adjunct professor Andrew Hinkes told CBS New York in an interview that the institution is helping students understand both the legal and the business implications of crypto and blockchain technology. Hinkes said: “We hope

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Swiss Cafe Debuts ‘First Of Its Kind’ Bitcoin Lightning Network Orders

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A cafe in Switzerland has become the first in the world to release a self-service shop which allows customers to order menu items using Bitcoin and the Lightning Network (LN).

Coffee For (Lightning) Bitcoin

energyKitchen, located in the country’s capital Bern, has begun offering coffee, drinks and food items via an online shop and QR codes located outside its physical premises.

Arguably one of the simplest consumer-oriented Lightning implementations, the shop allows Bitcoin holders to pay directly using a Lightning Network-enabled wallet and collect in-store.

The tool came as a collaboration between energyKitchen’s Oliver Grugger and developers from local software development company Puzzle ITC.  Read more...

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Samsung SDS to Power World’s First Exports Customs Clearance Blockchain in Korea

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The Korea Customs Service (KCS) has entered an agreement with Samsung SDS to implement the latter’s blockchain technology for an export customs clearance system. Samsung SDS, the IT subsidiary and technology provider of Korea’s largest conglomerate Samsung, will develop the world’s first blockchain-based export customs logistics service for the Korea Customs Service to enable efficiency

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Plus Token and WBF Jointly Started the Global Startup Conference, the First Stop in South Korea Was Grandly Held.

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ETH Birds— First Cryptogames Multi-Level Reward System!

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First IOTA, now EOS – ARXUM Becomes Blockchain Agnostic

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India Small Town Layman Falls For A Conman: First MLM, Then Wallet Theft

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First MLM, Then Wallet Theft – Why A Small Town Layman Falls For A Conman?

The growing incidence of bitcoin multi-level marketing (MLM) scams in countries like India is a two-pronged wake-up call. First, has a small town investor become more gullible than ever? Second, and more scary, is bitcoin – with all its complexity and novelty mixed with explosive growth – making it easy for vampires to confuse newborns?

Also Read: Denmark just saw a new form of money laundering   Read more...

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Winklevoss-Led Gemini Launches the First Regulated USD-Pegged Stablecoin

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Gemini, the cryptocurrency exchange founded by the Winklevoss twins, announced Monday that it has launched the Gemini dollar (GUSD), a new stablecoin pegged to the U.S. dollar. We are excited to announce our launch of the Gemini dollar (GUSD), the world's first regulated stablecoin! For more information, please visit our blogpost on @Medium https://t.co/O9jljzSljj — Gemini (@GeminiDotCom) September 10, […]
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Gemini Dollar, Tied To US Dollar, Approved As World’s First Stablecoin

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Gemini Dollar, Tied To US Dollar, Approved As World’s First Stablecoin

Move over Uncle Sam. The Winklevoss twins’ Gemini Trust Company is rolling out Gemini dollar, a regulated stablecoin that lets users send and receive U.S. dollars on the Ethereum network, the New York-based company announced on Monday. The rollout is hailed as a key step to increasing trust and economic activity in the volatile cryptocurrency industry.

The Gemini dollar (CRYPTO: GUSD) has received approval from New York Department of Financial Services and is the world’s first regulated stablecoin.

Continue reading Gemini Dollar, Tied To US Dollar, Approved As World’s First Stablecoin at Crypto Daily™.

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Eligma’s MVP showcases its first step towards a commerce based on AI and blockchain

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After successfully completing its public crowdsale in May by raising over 10 million USD, the Eligma startup is now well on its way towards disrupting commerce with the latest technologies. The first of its roadmap milestones was reached on 5 September by presenting the MVP in the form of Elly, an AI shopping assistant. Elly is training to help users with personalized product discovery − suggesting not only the best price for the features important to the user but also alternative products with better qualities for the same or less money. On 12 September, this product will be followed by Elipay, a solution for paying with cryptocurrencies at online and offline stores to further the use of crypto in the mainstream. Arriving at the market ahead of the roadmap, Elipay is expected to be present at about 100 stores at the time of its launch. Numerous other innovations are to follow, enhancing daily shopping with AI and blockchain.  Read more...

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First Ever Multi-Million-Dollar Artwork Tokenised and Sold on Blockchain

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Tribe Capital Is Raising $200 Million for Its First Venture Fund

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Venture capital firm Tribe Capital has reportedly launched its first flagship $ 200 million venture capital fund. The trio of partners, Arjun Sethi, Ted Maidenber and Jonathan Hsu, were previously at Palo Alto-based Social Capital. A Report from The Wall Street Journal confirms that capital raised for the fund is set to be deployed across various industries, including […]
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Bitcoin ETFs Could Be More Dangerous Than We First Thought

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Bitcoin ETFs Could Be More Dangerous Than We First Thought

The Bitcoin ETF, the industries first chance of getting real, hard institutional investment on board, or, a chance for institutions to sit and speculate, causing more harm than good.

It’s an argument that is cropping up all over the cryptosphere, one expert, the author of ‘Mastering Bitcoin’, Andreas Antonopoulos, has weighed in with his view that institutions could use ETF’s to actually speculate to a point that they are able to manipulate stock and prices.

Continue reading Bitcoin ETFs Could Be More Dangerous Than We First Thought at Crypto Daily™.

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In a First, Japanese City Deploys Online Blockchain Voting System

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The government of the Japanese city of Tsukuba has introduced an online voting system, powered by blockchain, to enable residents to vote for social development programs. The first-of-its-kind digital vote in Japan, Tsukuba will use Japan’s “My Number” system – a 12-digit social security identifier afforded to all Japanese residents – to verify voters’ credentials

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Sparkdex, Hong Kong’s First Decentralised Cryptocurrency Exchange, Opens to Customers

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This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Sparkdex, the first decentralized cryptocurrency exchange to start up in Hong Kong, will launch on the August 30th, 2018. Designed for cryptocurrency traders, the exchange will offer a

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