Soccer is adored by more than 3.5 billion people across the globe. The World Soccer Coin (WSC) Company is here to take this passion a step further. It has recently announced that Ronaldinho Soccer Coin whitelist is open to the public from 1 August. Namely, a massive collaboration is taking place between one of the world’s most adored soccer players and the blockchain technology. The main backer of the project is Ronaldinho, and his passion toward the project speaks volumes of his desire to connect with soccer fans around the world while bringing about change at the same time.
Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U.S. Investors can now access markets for up to 30 separate digital currencies including bitcoin, bitcoin cash, ether and litecoin.
BITBOX’s Product Manager Edward Lee spoke with Bitcoin Magazine regarding the launch. In the interview, he indicated that it’s always been Line Corporation’s goal to launch a cryptocurrency exchange, especially as digital currency has headed further into mainstream territory.
DAV Foundation, a blockchain start-up building a decentralised global network for autonomous vehicles, has joined the Mobility Open Blockchain Initiative (MOBI), a peer-to-peer ecosystem to make transportation more affordable, safer and widely available.
The DAV Foundation joins industry peers including BMW, Groupe Renault, Ford, General Motors and organisations that together account for over 70 per cent of global vehicle production by market share. The MOBI consortium includes automakers, public transportation providers, energy companies, insurance firms and regulatory bodies across the world.
QBT, a daughter company of Russia’s largest electronic payments system Qiwi, announced it will launch the country’s first ever cryptocurrency investment bank.
Russia’s First Cryptocurrency Investment Bank
The new company — which will operate under the brand-name HASH — will be registered in Russia, reports Russian news outlet Kommersant.
The project will be based on the classical investment bank model but will operate on global cryptocurrency markets. Head of QBT, Yakov Barinksyi, explained:
We will help companies go through the fundraising stage. It will be classic monetization: we will receive our commission after we help the company attract investment.
California-based 3G Venture II has paid $ 13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation.
Mining Farms Opening Around the World
Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list. At just 7.94 cents per kilowatt-hour, the town’s commercial electricity rates are more than 21% lower than the national average. City leaders have been using these lower prices to entice new businesses into the area – and it appears to be working. Walmart and FedEx both have data centers in the area which require large amounts of electricity to run. Bitcoin mining farms have similar power needs, making Colorado Springs a great place to set up shop.
Ubcoin blockchain Ebay-like ecosystem for selling and buying real goods with cryptocurrency is expanding its presence in the Asian market
By the end of 2018, the mobile payments app Ubank is planning to open offices in Singapore, Hong Kong, and Seoul to promote its global blockchain goods-to-crypto exchange platform Ubcoin Market in the region and to implement the market launch strategy of the product. Currently, the project has offices in Russia and also represented in the United Arab Emirates.
Xriba has launched its Initial Coin Offering for a new ‘open accounting’ protocol that is intended to dramatically decrease the bookkeeping effort for crypto and traditional companies whilst enabling them to ahieve a new level of transparency and accountability, and address ambiguity in evaluating cryptocurrency companies from a financial perspective. Creating a decentralized method for saving archiving and querying financial transaction records, the Xriba Protocol also includes an open API that allows any third-party company to build their own accounting applications or tools on top of.
Mark Carney, the governor of the United Kingdom’s central bank – the Bank of England – spoke on a recent panel in Stockholm on the future of central banking where he stated that he is open-minded about the idea of a central-bank-issued digital currency. Could this be a sign that Carney is re-thinking his previously anti-crypto views?
A Softer Stance from the Bank of England
According to a report from Bloomberg, while the governor admitted openness to the idea, he was quick to point out that a central-bank-issued digital currency was not yet on the horizon. He added that cryptocurrencies do not perform the role of money. While not exactly ringing endorsement, it is nonetheless a far cry from his previous dismissal of Bitcoin as a failed currency and store of value.
Banks continue to flex their muscles and engage in fintech innovation, opening themselves up in a way previously never thought possible. They were once staunchly resistant to outside intervention, but a recent report from ACI Worldwide and Ovum has revealed that this trend is changing. Almost 90 percent of banks are forging a path toward open banking and real-time initiatives.
What is Open Banking?
The term “open banking” may sound a little scary at first. But open banking doesn’t mean that your financial statements will be on the web for anyone to review. What it does mean for you as a financial services customer is that your bank will become (or already is) part of a network of financial institutions.
Spain’s financial regulator has clarified its position on regulated investment funds investing directly in cryptocurrencies. These type of funds are legal under Law 22/2014, and investments can be made through three types of legal entities.
Funds Directly Investing in Cryptocurrencies
Spain’s National Securities Market Commission (CNMV – Comisión Nacional del Mercado de Valores) recently clarified its position on registered funds investing in cryptocurrencies directly. The CNMV is the Spanish government agency responsible for regulating the securities markets.
OPEN believes strongly in a decentralized future. In order to make that happen, it is absolutely necessary that cryptocurrencies today are able to function like fiat currencies so that believers in blockchain technology are able to spend them today for goods and services. OPEN is creating a world where all applications accept cryptocurrencies as easily as they do fiat currency.
OPEN has always believed that the best solutions to achieving mainstream adoption of blockchain technologies would leverage both on-chain and off-chain components. These two worlds shouldn’t exist so disparately. Instead, it is imperative that they be able to work together to build the applications of the future. This belief lies at the core of their solutions for developers offering both an off-chain API structure as well as an on-chain Scaffold system.
In recent months there has been a steady furor over new blockchains, ICOs, and cryptocurrencies and at times the demand on networks has gotten so high that it actually overwhelmed entire protocols, including Ethereum.
Ethereum has suffered sporadic scaling problems that have negatively affected the network several times. This past January network congestion forced multiple exchanges to halt Ether withdraws, with one even advising customers to use a different cryptocurrency. And in June the ICOs for Bancor and Status were so large that the Ethereum network ground to a complete standstill twice in a matter of days. Even the transaction price of the game ‘Cryptokitties’ has had a huge impact on the network’s speed. While the excitement of the current market has many developers wishing to enter the fray, some are reluctant to take that step over the worry of causing network slowdown or suffering at the hands of a slowdown caused by another ‘hot’ launch.
United States Securities and Exchange Commission (SEC) commissioner, Robert Jackson, has expressed his belief that initial coin offerings (ICOs) will be legitimized under existing securities legislation. Despite the optimistic outlook, the commissioner has criticized the current state of the ICO industry.
SEC Commissioner Expects ICOs Have Legitimate Future
In an interview with CNBC, SEC commissioner, Robert Jackson, recently expressed cautious optimism regarding ICOs – predicting that initial coin offerings will be conformed to the rubric of existing securities regulations in future.
Derrick J. Freeman and Steven Zeiler founded what they claim is the first crypto-only brick and mortar retail establishment in the US, the Free State Bitcoin Shoppe. Visitors pay for merchandise with cryptocurrencies like bitcoin. If they don’t have cryptocurrency, the store clerk helps them download and fund their first wallet. They checkout using an Ipad in a Square stand running New Hampshire-based free point-of-sale software Anypay. News.Bitcoin.com caught up with Mr. Freeman for an exclusive interview.
Also read: India Searches for Ethereum Over Bitcoin
World’s First AI-Controlled Influencer Marketing Platform Successfully Closes $ 12M Phase 1 Of The Tokensale Following 36 Minutes $ 5.5M Pre-Sale Spurt
Tallinn, March 24, 2018
AdHive, an AI-powered platform for influencer marketing announces that it has successfully closed the $ 12M hard cap ahead of the open phase of its tokensale. The company’s innovative approach to AI-automated and blockchain-backed native advertising attracted a total of 5,839 token purchasers through the presale and Phase 1 of the tokensale.
The new GOL platform uses blockchain technology to decentralize the tournament and payment processes that have long plagued traditional tournament style play.
Hong Kong, China, March 20, 2018, the Global Open League (GOL) ICO private sale is now live and is expected to attract the attention of the global cryptocurrency and gaming communities.
GOL is introducing the next generation eSports tournament platform to global gaming enthusiasts by integrating it with blockchain technology. GOL will target the currently underserved amateur players and invite celebrities and professional eSports players with whom gamers will have the rare opportunity to interact on the platform. Next Generation Esports (NGE), one of the largest eSports content providers in North America working with some of the largest gaming companies in the world, will also be a key partner of GOL.
An executive confirms that Mastercard is open to the use of cryptocurrency, but there is a major catch involved.
Banks have notoriously been steadfast in their opposition to cryptocurrencies, and this is for a very good reason. The peer-to-peer economic marketplace of digital currencies is a direct threat to the current financial monopoly held by banks and other financial institutions. Which is why it was surprising when an executive at Mastercard said that the credit card issuer was open to the overall use of cryptocurrency. However, there is a major catch to this announcement.
FundRequest, a decentralized marketplace built for open source collaboration, has announced a partnership with Indorse, a reward-based decentralized professional social network where users can control their data, to match talented and certified open source developers with available projects, bounties and jobs.
FundRequest is a decentralized marketplace that provides a unique protocol for funding open source development and collaboration. It allows anybody to fund projects across the entire open source space, accelerating growth and at the same time providing a democratic system that allows development to reflect what users really want. FundRequest ensures that contributors to open source development are financially rewarded for their work and their partnership with Indorse will bring even greater benefits.
(ASEAN – February 15th, 2018) Dragon Inc., which is on track to drastically transform the high-stakes and the junket gambling marketplace through its blockchain-based solution, launched its Public Token Sale today.
The sale is set to run for 30 days from February 15th until March 15th, 2018, or until the allotted 83 million tokens are sold. The price during this stage of the token sale is set at 0.005 ETH per 1 DRG, while it is currently selling at a rate of 0.006+ ETH per 1 DRG on the CoinHub exchange.
The Pineapple Fund ups its Bitcoin charity donation for the Open Medicine Foundation from $ 1 million to a full $ 5 million.
The last few weeks have seen a lot of doom and gloom on the crypto front. However, there are still lots of positive things happening in the Bitcoin world. Case in point is the continuing donations given out by the Pineapple Fund. The organization just recently upped its Bitcoin charity donation to the Open Medicine Foundation to a staggering $ 5 million USD.