O’Shares ETFs Chairman and Shark Tank personality Kevin O’Leary has announced that he is prepping the launch of a crypto coin offering in the New York City.
O’Leary, who shot into the limelight after selling off SoftKey International for $4 Billion, revealed to CNBC on March 19 that NYC-based “very prestigious brand hotel” will sell ownership through an initial coin offering (ICO) instead of taking the traditional stock IPO route.
Continue reading NYC Hotel To Sell Ownership In A $400 Million ICO, Says Kevin O’Leary
Against the backdrop of the rapid rise of cryptocurrency enthusiasm among the general public, a regulatory voice has called for awareness around its ability to disrupt business as usual in the financial sector.
Addressing a Buenos Aires meeting of G-20 central bank governors and finance ministers, a letter was circulated as an agenda item by the Financial Stability Board. The current governor of the Bank of England and Financial Stability Board chairman, Mark Carney, issued the letter by way of a formal caution to his peers at the Argentina gathering.
Continue reading FSB Chairman: Crypto Assets Do Not Pose Risk To Global Financial Stability
Have you wondered how easy it would have been if you could book a flight with just a few clicks? I’m not talking about an online booking feature which directs you to a payment gateway.
It’s 2018 and the Internet is ever expanding. Super responsive designs, AI, and virtual reality have made a mark and many websites are adapting to these technologies. But one major phenomenon that jolted the whole world was cryptocurrencies and more importantly, the most famous one – Bitcoin.
Did you know that hundreds of famous or companies accept Bitcoin, either as a form of payment or as the only way to exchange goods? And the fact is some of these websites have been doing so for quite a while.
Whether they be non-profit or profit generating, these institutions still view Bitcoin as legitimate legal tender and show no signs of stopping.
Continue reading 100 Companies That Accept Bitcoin
A Russian entrepreneur, Vladimir Orehov, has filed a lawsuit against Google in Russia because of the search giant’s restrictions on cryptocurrency-related ads. The entrepreneur is claiming over $34.7 million in compensation from a Russian Google entity ООО «Гугл».
Orehov is claiming that undue prejudice and unfair business practices by Google have denied him the opportunity to invest in cryptocurrency projects and also find venture capital for his own ambitions in the arena.
Continue reading Russian Lawsuit Wants Google to Stop Playing Crypto-Nanny
The concern over the vast amount of energy required for cryptocurrency mining and its potential impact on an already fragile global ecosystem continues to be a big topic in the ongoing crypto and blockchain technology narrative.
Within the context of environmental preservation and the attempts to reverse the global warming trend, cryptocurrency mining operations have come under the radar of conservationists and other concerned organizations. To this end, it appears that some stakeholders in the cryptocurrency mining scene are taking steps to show some commitment to environmental preservation efforts.
Continue reading Crypto Miners Invited to Turn Off Their Mining Rigs in Commemoration of Earth Hour
Since the inception of Bitcoin, there have been a multitude of carbon copy cryptocurrencies, and numerous others that focus on improving the privacy features offered by blockchain technology. Of these, many have proven to be scarcely more private than the original, but a few, offer a feature set worthy of acknowledgement. Enter Zcash.
In a world where privacy is becoming an increasingly rare commodity, due to the progressive digitization of our lives, one cryptocurrency aims to give us back something that we risk losing; the freedom to spend our own money in private. The need for privacy dates back as far as human existence, we created clothes to cover our nude bodies, houses with separate bedrooms to shield us from one another, and anonymous outlets through which we can convey our true feelings and opinions.
Continue reading The Ultimate Guide to Zcash
Take a step back and reevaluate your options if you have been planning on buying Bitmain’s recently released Antminer X3 to mine Monero (XMR). The developers of the cryptocurrency have gone on record saying that the X3 could be already obsolete for mining Monero by the time it hits the store shelves in May 2018.
Continue reading Bitmain’s Antminer X3 Might Be Biggest Mining Hardware Scam
These days, Mt. Gox is referred to as the defunct cryptocurrency exchange that went bankrupt in 2014 as a result of one of the most devastating crypto exchange hacks in the history of the crypto market. Nevertheless, the saga of the once largest cryptocurrency exchange platform in the world is anything but over. Every now and again, a story relating to Mt. Gox captures most of the headlines in the cryptocurrency community.
Continue reading I’m Not Responsible for Bitcoin Price Crash says Mt. Gox Trustee
AirAsia, the company that pioneered the low-cost airline model in Southeast Asia has announced its maiden venture into the realm of FinTech and financial services. Led by Chief Executive Tony Fernandez, a businessman known for his relentless search for new ideas and willingness to take risks, AirAsia is now planning on launching its own cryptocurrency and an initial coin offering (ICO).
Continue reading AirAsia All Set To Ride The Crypto Wave, ICO In The Pipeline
Robinhood, the zero-fee stock trading app has more than quadrupled its value in less than a year by venturing into the world of cryptocurrency trading. The platform has included a crypto exchange service, web version, as well as a stock options trading. Within the past 3 years, Robinhood has made a name for itself, attracting more than 4 million users.
Part of its unique selling proposition is in the ease with which first-time traders/investors can use the platform. According to a recent article in the Wall Street Journal, the hugely popular trading app is about to become even bigger.
Continue reading Robinhood Valuation Jumps 4x to $5 Billion After Adding Cryptocurrencies