Consensus 2018 Highlights | Find Out What You Missed in NYC This Week

Consensus 2018 has come to an end. Instead of feeling upset, now is the time to reflect on all the news that various organizations announced. So, without further adieu, here are some Consensus 2018 highlights. Consensus 2018 Highlights Regulation at Consensus 2018 Regulation and the crypto industry go hand in hand. Therefore, it wasn’t a surprise that crypto regulation was discussed at Consensus 2018 and NYC Blockchain Week. During a panel, it was announced that while United States regulators are continuing to look into virtual currencies and ICO’s, there is…

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Microsoft’s Bing Bans Crypto Advertising

Bing Bans Crypto Advertising: Microsoft’s Bing browser has banned crypto-advertising. Microsoft now joins the ranks of several other companies that have done the same, including Facebook (NASDAQ:FB), Google (NASDAQ:GOOG) and Twitter (NYSE:TWTR). All three companies implemented their bans on cryptocurrency advertising earlier this year and have said in some form or other, that the decision will ensure the safety of their users from deceptive advertising. The ban includes cryptocurrency advertising and advertising for cryptocurrency related products and will be updating its financial products and services policy to include this new decision.…

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Circle App Raises $110 million & Introduces its Own Crypto-Dollar at Consensus 2018

Circle App – Boston-based fintech company Circle, has its sights on making a faster and better digital version of the U.S. dollar. The start-up company announced its new digital token that would be pegged to the US dollar yesterday at Consensus 2018. Circle founders @psneville and @jerallaire took the stage at #Consensus2018 earlier today to announce Circle USDC, a price-stable tokenized US dollar coin. Learn more about it here: https://t.co/8fZN6vDryb — Circle (@circlepay) May 15, 2018 Circle also announced that it raised $100 million in their Series E round which…

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NY Consensus Conference Day 1

NY Consensus Conference Day 1: Blockchain Week has begun with great enthusiasm for both technology enthusiasts and businesspeople around the world. Expectations have been met, and even exceeded in some cases. One of the main events of this week that seeks to raise awareness about the blockchain world and the benefits it represents for the community is the NY Consensus Conference. An event organized by Coindesk that has earned a reputation as the most significant festival dedicated to blockchain technologies around the world. According to CNBC figures, the event registered…

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IBM and Stellar Join Forces

The IBM made waves in the crypto market today. To top it off, the International Business Machines Corp. took Stellar along with it for the ride. IBM and Stellar have teamed up, with IBM issuing a token using a public blockchain.  IBM and Stellar This is IBM’s first time issuing a token using a public blockchain. Which blockchain, you ask? The Stellar blockchain, of course! IBM and Stellar have also been working alongside Veridium, a carbon credits startup, to develop the token. The crypto token’s name is “Verde.” At Consensus…

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Consensus Summit NYC | Will It Create a Bull Run For Bitcoin Price?

The three day New York cryptocurrency conference kicked off on Monday. The Consensus Summit NYC see’s leading industry experts such as Twitter’s CEO Jack Dorsey, the Federal Reserve Bank of St. Louis President James Bullard and FedEx CEO Frederick Smith, talk about the emerging market and upcoming breakthroughs in the blockchain and crypto sphere.    The size of the conference has grown three times larger since last years, this alone is a positive signal regarding the utilization and growing potential of cryptocurrency. Almost 8,500 market experts and traders are attending…

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Cryptocurrency Market Trends | Showing Bearish Prospects

Cryptocurrency markets have been under pressure over the last week albeit extensive support from market activities and bullish price bets. The total cryptocurrency market capitalization continues to trade in the range of $400 billion as market trends aren’t supporting bulls stance. Traders aren’t giving weight to Goldman Sachs move into the cryptocurrency market along with increasing adaptation from Wall Street. Intercontinental Exchange (ICE) ICE recently announced it will launch cryptocurrency trading while NASDAQ has also been showing their interest in the cryptocurrency sphere. Bitcoin currently trades around $8,400 after hitting the…

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Crypto Adoption In Australia | Ban On Cash Purchases Over $7,500 USD

Crypto Adoption in Australia: The Australian government’s work to prevent tax evasion is growing. Efforts seem to be moving towards a gradual decline in cash availability, which represents an essential opportunity of growth for cryptos and alternative means of payment. As part of an initiative to prevent undeclared business from being conducted in the country, the Australian government has issued some economic measures to restrict specific conditions that could be harmful to the people. In an official statement entitled “Tackling illegal behavior in the Black Economy” Australia’s Ministry of Revenue…

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Cardano [ADA] Financial System for Developing World

Cardano [ADA], the 7th largest cryptocurrency by market cap, is looking far-beyond becoming just a payment system for the regular cryptocurrency investor. Charles Hoskinson, CEO of Cardano and co-founder of IOHK, had an interview with Rachel McIntosh back in February discussing his long-term vision for Cardano. Financial System of the Developing World – Cardano vs. Stellar [XLM] In his interview, Hoskinson discusses how Bitcoin advertises itself as a payment system and a means of exchange, but anyone that has tried using it for that knows how much it has failed. Back…

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Pineapple Fund | Donates More Than $55 Million In BTC

On May 11, the anonymous philanthropist- “Pine”, curator of the Pineapple Fund, published a touching message in Reddit announcing their withdrawal from the crypto-sphere. Five months ago, a Reddit user by the name of Pineapple Fund, posted an announcement on Reddit asking for recommendations to donate upwards of $86 million worth of BTC too. Many were skeptical and confused. However, when the first proofs of the donations became public, the community acquired a sense of enthusiasm and respect towards the project and its rarity in the world of cryptos. “Hello! I remember staring…

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