By CCN Markets: Failed cryptocurrencies can enjoy an eternal resting place after they’re sent off to an altcoins graveyard called ShitcoinGraveyard. The website is the brainchild of four Berlin-based crypto entrepreneurs and bitcoin bulls: Roman Kemper, CEO and chief gravedigger. Marten Rauschenberg, DAO mastermind. Yannick Eckl, marketing director. Christoph Klischa, chief financial officer. Kemper told CCN that his team was inspired to launch ShitcoinGraveyard amid the 2018 ICO market implosion. During that time, crypto investors lost millions of dollars in numerous ICO scams. ICO Death Spiral Inspired Graveyard Idea Kemper says the idea of ShitcoinGraveyard was born in the depths
Following approval from European authorities, Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors.
Bitfury announced the partnership on April 24, 2019, describing the project and some of the advantages that this mining fund will offer to investors.
According to the Bitfury Medium post, the fund will look to introduce more investors to the difficult-to-access world of bitcoin mining “by offering exposure to bitcoin mining via a fully regulated fund in a European jurisdiction, with top-tier service providers.”
The Lightning Torch, a Lightning Network payment that has been forwarded to bitcoiners around the world via Twitter, has run its course and reached its end in the charitable hands of Bitcoin Venezuela.
It’s grown a lot since we last covered it in February. In fact, the term “Torch” doesn’t seem to do it justice anymore. At this point, it could rightly be called a bonfire.
The government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation.
Crypto Regulation in Final Stages
The Indian supreme court briefly heard the crypto case on Monday. Lawyer Jaideep Reddy of Nishith Desai Associates was at the court representing the Internet and Mobile Association of India (IAMAI) in its writ petition against the crypto banking ban by the central bank, the Reserve Bank of India (RBI). He told news.Bitcoin.com on Friday that “The matter was heard for a very short period of time,” elaborating:
Much excitement has been building since the large American financial services firm Fidelity Investments first announced back in October that they were building a cryptocurrency trading and custody platform. They are now almost ready to launch their Fidelity Digital Assets Exchange. Fidelity Investments is an investment management company that was established back in 1945 as a mutual fund company. Over the years, they have become synonymous with providing a vast plethora of financial services in regards to wealth management and fund distribution, alongside offering solid investment advice. They are now getting closer to diversifying into the digital assets industry. Fidelity Digital
Last September, video game publishing company Telltale Games abruptly closed its doors, throwing it’s The Walking Dead game franchise into chaos. The project was eventually picked up by Skybound Games, and now, two months later, The Last Season’s third installment, Episode 3: Broken Toys has finally been released — picking up Clementine and AJ’s story where Telltale left […]
The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.
“Our mission is to be the bridge for institutions from traditional finance to enter this innovative asset class,” said Final Frontier co-founder Imraan Moola in a public statement. “Bitfury’s technological expertise, combined with our financial markets know-how and track record will allow us to create unique and differentiated financial products and solutions to service our sophisticated investor base.”
Cryptocurrency derivatives including futures, options and contracts for differences could potentially be prohibited in the United Kingdom in the near future. According to a statement issued by the Financial Conduct Authority (FCA), UK’s financial watchdog, consultations will be held between now and the first quarter of next year where a ban on crypto derivatives will
The post Cryptocurrency Derivatives in the UK at Risk of Ban, Taskforce to Have Final Say appeared first on CCN
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. The global games market has gone from strength to strength, reaching a current value of $ 138 bn. Opportunities abound for creative and determined developers to tap into this
The post TriForce Tokens: Steam Game Released, Final Token Sale Announced appeared first on CCN
On October 15, the price of Bitcoin dropped to $ 6,150, dangerously moving closer to its $ 6,000 support level which it has well maintained since early August. Due to its low volume, Bitcoin struggled to demonstrate momentum in the mid $ 6,000 region, failing to hold $ 6,550, a level it had held fairly well throughout the past
The post Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally appeared first on CCN
Ethereum (ETH) is in a do or die situation. The above chart for ETH/USD shows that Ethereum (ETH) must break to the upside on the 4H timeframe for bullish momentum to hold. If the price breaks below the symmetrical triangle, there is a high probability that it will test the support again. If it tests the support again, it is very likely that it might break it. Ethereum (ETH) did give in to bearish pressure but since mid September, we have seen rising accumulation.
Ethereum (ETH) seems to have just broken its symmetrical triangle to the downside. This was expected as the price entered the triangle from the upside. Symmetrical triangle being a continuation pattern had a higher chance of breaking to the downside. The ETH/USD daily chart shows that it happened. Ethereum (ETH) began the day in red and soon broke below the triangle. Under normal conditions, this would be a strong sign of further downside to come.
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post Blockchain Gaming Platform TriForce Tokens Releases Steam Game, Announces Final Token Sale appeared first on CCN
The Indian Supreme Court has adjourned its hearing of the petition against the Reserve Bank of India (RBI) ban on banks facilitating cryptocurrency transactions. The apex court will deliver its final judgment on the matter on September 11, 2018.
Hearing Adjourned till September 11
Indian cryptocurrency traders still have a fair bit of waiting to do before knowing the fate of the market in the country. According to a series of tweets by Crypto Kanoon, a team of lawyers engaged in the virtual currency market, the nation’s apex court today (July 20, 2018), adjourned a hearing on the petition filed against the RBI ban to September 11, 2018.
It’s a story straight out of cinematic lines: whale cryptocurrency investor rakes in mounds of money, and reaching a “satiety point” decides to give a healthy portion of it to worthy charities. And add to that the spectre of remaining anonymous, the ecosystem, beset by dreams of easy fortunes and Lambos and glory, was given a real-world object lesson in five short months. Health care, water potability, education, digital rights advocates, among many others, all felt the power and generosity of crypto. This week, Pineapple Fund announced its final donation.