<h1>SEC Brings Charges Against BitFunder, Jon Montroll</h1>

<h1>SEC Brings Charges Against BitFunder, Jon Montroll</h1>
Source: Ethnews.com

On Wednesday, the SEC filed civil charges in the federal district court in Manhattan against BitFunder and its operator Jon E. Montroll. The US Attorney’s Office for the Southern District of New York also filed a complaint in a parallel criminal case against Montroll for perjury and obstruction of justice.

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Korean Regulator Tips Cryptocurrency Prospects Back Toward “Normalization”

Korean Regulator Tips Cryptocurrency Prospects Back Toward “Normalization”
Source: Bitocoinmagazine.com

On February 20, 2018, investors saw signs of yet another directional shift in South Korea’s regulatory stance on cryptocurrencies. According to Reuters, Choe Heung-sik, the governor of South Korea’s Financial Supervisory Service (FSS), told reporters, “The whole world is now framing the outline (for cryptocurrency) and therefore (the government) should rather work more on normalization than increasing regulation.”The head of the FSS has wrestled with cryptocurrency regulation and the lack of legislation on the industry for some time. He stated in November 2017 that “supervision [of cryptocurrency exchanges] will come only after the legal recognition of digital tokens as legitimate currency.” Choe also warned of a bitcoin bubble in December 2017 that paired with another warning that month, when he stated, “All we can do is to warn people as we don’t see virtual currencies as actual types of currency,…

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3 Reasons Why Crypto Might Work For Venezuela (And Why It Might Not)

Source: Futurism.com

People are looking to cryptocurrency to solve all kinds of problems, from making sure that photographers get paid for their work, to addressing carbon emissions. Now the Venezuelan government hopes that a new digital coin might be able to counteract the country’s economic collapse. As extreme inflation drags the Venezuelan bolívar down, food and medicines are scarce, crime is rife, and essential public services have buckled under the strain. Many residents have already fled the country. The new digital currency – dubbed the petro, in reference to its value being based on the price of oil – is the government’s last-ditch attempt to stem the flow. Here’s why the plan might work: It’s a Tried-and-Tested Strategy Why do crypto companies run initial coin offerings? Because they are a great way to raise a lot of money quickly, and that’s exactly…

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This Upstart Cryptocurrency Exchange Is Making Inroads in Canada

This Upstart Cryptocurrency Exchange Is Making Inroads in Canada
Source: Bitocoinmagazine.com

Cryptocurrency and precious metals exchange Coinsquare is taking steps toward its goal of leading the cryptocurrency exchange market in Canada. On February 20, 2018, it announced a new partnership with Processing.com, after wrapping up a recent investment of $30 million, for a total $47 million raised in the last four months.The partnership with Processing.com will allow Coinsquare to facilitate instant fiat currency payments of digital currencies for the general public through debit and credit card transactions.In a release, Processing.com’s James Bergman said:“We are very excited to partner with such a respected and fast-growing trading platform as Coinsquare. As digital currencies increasingly make their way into the mainstream conscious, service providers have a responsibility to ensure the broader public can access the rapidly growing blockchain ecosystem.”Marketing StrategyBesides increasing its Canadian market share, Coinsquare also has plans to move on to establishing…

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How To Choose Cryptocurrency Wallet

Source: Coinidol.com

Feb 21, 2018 at 20:28 // PR A cryptocurrency wallets is necessary for storing and performing any operations with digital money. The market today is represented by a large number of different wallets, which can be divided into two large groups: “hot” and “cold” wallets. Author: Maxim Shreider, co-founder of Rahakott.io The first ones are online wallets and software wallets (a program for installing on a computer or a smartphone). They are constantly connected to the Internet and are convenient for operative work with cryptocurrency. However, such wallets are less reliable than “cold” ones, which presume the storage of money on an external carrier. But the second doesn’t allow full implementation of transactions with the crypto currency. It is best to keep a small amount on a “hot” wallet for permanent work, and keep the fixed capital on a “cold”…

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Boris Akimov is the First Entrepreneur Tokenising Himself on the Waves Platform

Source: Coinspeaker.com

The founder of Biocoin, a cryptocurrency empowering an eco-farming network LavkaLavka, Boris Akimov pioneers to explore a new application for the blockchain technology. Today, the token concept is central to most social and economic innovations developed with blockchain technology. There are different types of tokens that frequently serve as the digital equivalent to physical assets like the gold or fiat currencies. However, crypto economics is so new, that users are still on early stages of exploring different roles of tokens application by trial and error of what works and what not. Now the blockchain ecosystem exhibits a new trend of self-tokenisation, and Boris Akimov, a farmer and the founder of LavkaLavka was the first to use Waves Platform for tokenising another intriguing asset class: himself. LavkaLavka is a farming network supported by its own token Biocoin that enables thousands of…

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Prime-Ex Perpetual Announces PEX-Token Trading Pairs At Yobit Exchange

Prime-Ex Perpetual Announces PEX-Token Trading Pairs At Yobit Exchange
Source: Coinidol.com

Feb 21, 2018 at 20:00 // News Prime-Ex Perpetual has announced that their PEX-Token (PEXT) trading pairs will now be available on YoBIT.net cryptocurrency exchange platform. Prime-Ex Perpetual is a Panama-based real estate developer and homebuilder that uses the PEX-Token as prime currency within their real estate ecosystem geared towards financing homes for expats. The PEX-Tokens are used by homebuyers to pay their monthly mortgage payments. Furthermore, 80% of the profits made by the company are redirected towards the PEX-token holders, including the homebuyers. This fosters a self-sustaining ecosystem that’s beneficial to everyone involved. As such, it’s imperative for PEX-Tokens to be readily available in reliable exchange platforms. YoBIT, being a relatively new but reliable and fully-decentralized exchange platform, is ideally placed to offer more trading options to Prime-Ex token holders. “Our supporters have been waiting patiently since the end…

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Cryptocurrency Exchange Bitfinex Adopts SegWit, While Coinbase Launches It Next Week

Source: Coinspeaker.com

Bitfinex and Coinbase now support SegWit. Bitcoin investors can expect to see lower fees and faster processing times, but please remember that SegWit has been implemented for Bitcoin only, and not Bitcoin Cash. Coinbase and Bitfinex, the world’s largest cryptocurrency investment platforms, announced treir adopting support for Segregated Witness (SegWit) protocols for bitcoin (BTC) traded on their exchanges. Earlier, Coinbase announced its plans to implement SegWit for Bitcoin in 2018 with a view to make Bitcoin transactions cheaper and faster. The engineering team was working on final testing of Segwit which has recently been finished. Our engineering team has finished testing of SegWit for Bitcoin on Coinbase. We will be starting a phased launch to customers over the next few days and are targeting a 100% launch to all customers by mid next week. — Coinbase (@coinbase) February 20, 2018 Bitfinex is also delighted to announce support for…

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What Venezuelans Are Saying About the Petro

What Venezuelans Are Saying About the Petro
Source: Coindesk.com

Social media has been abuzz since Tuesday’s initial sale of the forthcoming Venezuelan government-backed cryptocurrency, the petro, though reviews are so far mixed. So far, Venezuelan president Nicolas Maduro has claimed that the country had collected a whopping $735 million during the first day of its presale for the new cryptocurrency. In spite of a lack of proof, the claim came amid a splashy, nationally-televised broadcast where Maduro himself declared that the country has “taken a giant step into the 21st century.” Venezuela’s government first unveiled the petro back in December, setting up a dedicated government agency to oversee the development of the project and build up an ecosystem for it within the South American nation. In anticipation of the sale, the government published a white paper, a buyer’s guide and, most recently, newly crafted rules for creating cryptocurrency exchanges within…

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Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism
Source: Bitocoinmagazine.com

With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world’s first sovereign cryptocurrency.The cryptocurrency is designed to bypass U.S. government sanctions against the socialist regime. The “Petros” cryptocurrency will have an initial value tied to the price of a barrel of Venezuelan crude oil in mid-January, which was $60 per barrel, with a target of 100 million Petros to be sold. The U.S. Treasury Department warned that the move may violate last year’s sanctions, while Venezuelan opposition leaders say the sale constitutes an illegal issuing of debt.After the first day of trading, President Maduro claimed to have raised $735 million. State officials are claiming a 5x increase in traffic to the website, but some critics, including Venezuelan product designer and cryptocurrency writer Alejandro Machado, are skeptical. In speaking with Bitcoin…

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Lawmakers Renew Calls for US to Lead on Crypto Innovation

Lawmakers Renew Calls for US to Lead on Crypto Innovation
Source: Coindesk.com

“Cryptocurrency networks are much more than alternatives to the dollar or payment mechanisms.” That was the message delivered to the heads of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) Wednesday by three lawmakers and members of the Congressional Blockchain Caucus (CBC), a bipartisan group launched last year in a bid to support the technology and its interests on Capitol Hill. Penned by Jared Polis (D.-CO), Tom Emmer (R.-MN) and David Schweikert (R.-CA), the letter does much to repeat the CBC’s past public statements, but notably comes weeks after both agency heads testified on cryptocurrencies, explaining to the U.S. Congress what they saw as their potential amid what was then a tremendous spike in their market valuations. In this way, the letter encouraged SEC chair Jay Clayton and CFTC chair J. Christopher Giancarlo to follow through on efforts…

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Lenovo Aspires to Use Blockchain Tech in Document Validation System

Lenovo Aspires to Use Blockchain Tech in Document Validation System
Source: Coinidol.com

Feb 21, 2018 at 17:28 // News A recent patent filed by Lenovo implies that the Chinese technology company will be able to include blockchain tech in a system that verifies the validity of physical documents. The blockchain tech will work as a verification program for the authenticity of physical documents, building a digital map of the document, undersigned with a digital signature. Last Thursday, the U.S. Patent and Trademark Office (USPTO) published the application, under which Lenovo explains the development of a fintech layout employing digital signatures installed in physical documents, which can be used to confirm the legality of a document. “Using the security blockchain, anyone can validate that they have the current authentic physical document even if multiple paper copies exist and multiple people have made entries in the chain of modification. If any forgeries exist, they…

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Votem Announces the VAST Token, Providing Secure End-to-End Voting

Votem Announces the VAST Token, Providing Secure End-to-End Voting
Source: Coinidol.com

Feb 21, 2018 at 16:21 // News Votem will enable a trusted, verifiable mobile voting platform for both public and private elections. 21 February 2018 CLEVELAND, OHIO USA – Votem, the blockchain-based voting platform, has announced it will open the public presale of Simple Agreements for Future Tokens (SAFT) for its VAST Tokens on February, 27 2018. This event will be followed by a public sale later in the year helping to support the ongoing development of the VAST token with governments and organisations globally.   Votem provides a transparent solution to directly address the issue of electoral manipulation and in the process, capture a material share of the $10 billion global market. It’s CastIron platform coupled with the VAST token, enables citizens, organizations, and governments around the world to easily manage or participate in online voting with the highest possible level of verifiability, accessibility,…

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Play2Live Opens the Main Token Sale with Release of the MVP 2.0

Source: Crypto-news.net

Alexey Burdyko, CEO of Play2Live, opens the token sale event with a Q&A live stream on the updated P2L platform on February 21st, 17:00 UTC, answering product and sale related questions. February 21st, Malta — Play2Live (P2L), the first full-blown blockchain-based streaming platform for gamers and esports fans, operating on BitShares 2.0, has released its MVP version 2.0 and opened the main token sale event which lasts until March 14th at 17:00 UTC. The platform update includes a brand new design and a voting feature which allows to vote during show matches and tournaments using LUC Silver. The platform has successfully completed the high-load testing, having already run the show matches and streams. It is ready to accept up to 200k viewers during The Play2Live CryptoMasters — the world’s first esport tournament in CS:GO with crypto prize pool. The tournament…

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I'm aero is the Uber of the Helicopter Market

I'm aero is the Uber of the Helicopter Market
Source: Coinidol.com

Feb 21, 2018 at 15:31 // News I`m aero is the world’s only innovative ultra-light helicopter based on the coaxial system. I`m aero`s goal is to make flights affordable and become the Uber of the helicopter market! People fly over New York, Paris, Monaco, Berlin avoiding traffic jams. The cost of existing helicopter models and their maintenance are sometimes too high for the private individual and some companies. With our project, every person who can buy a business-class car can afford our helicopter, it is quiet and maneuverable, while the cost is several times lower than its competitors. Thousands of people can quickly get to important meetings bypassing traffic jams. I’m Aero’s products are able to solve different kinds of problems. Because of technological innovation, these helicopters allow people to work in regions with low transport accessibility: like Indonesia, India,…

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MVR: Financial Solutions for the Multi-Level Marketing Industry

MVR: Financial Solutions for the Multi-Level Marketing Industry
Source: Coinidol.com

Feb 21, 2018 at 14:56 // News The new MAVRO uses blockchain technology. Blockchain is a distributed database that does not have data storage devices connected to a shared server. All information is distributed among millions of computers, it is impossible to forge or remove even a part of this information. Each block contains a timestamp and a link to the previous block. Editors note: Coinidol does due diligence in researching the content matter before the publication of any text. Our team has received several reports that this project might be a scam. Find out more in the end of this article.* Mavro is based on Ethereum technology. In turn, Ethereum is a platform created for the development of decentralized applications, which are based on the blockchain, using “smart contracts”. By its structure, the Ethereum is a unified and decentralized…

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Blockchain Exchange Platform CoinMetro’s Token Sale Goes Live Today, 21st February 2018

Blockchain Exchange Platform CoinMetro’s Token Sale Goes Live Today, 21st February 2018
Source: Bitcoinprbuzz.com

Bitcoin Press Release:  After raising close to 10 Million USD in their presale, CoinMetro have released details of their Token Sale, which begins Today, 21st of February, 2018, at 21:00 UTC. February 21st, 2018 – Hong Kong, HK – CoinMetro is on a mission to bring traditional financial products to the crypto markets. The platform is designed to be accessible, fast and to provide users with a variety of ways to engage in unique digital asset investment opportunities, whilst paving the way for regulation. “Crypto mass-adoption can only become a reality if we are able to simplify access, made possible with the help of traditional financial partners – mainly banks, and those relationships are only feasible with regulation. The anarcho-capitalist dream of a completely autonomous monetary system, at least given the current global financial ecosystem is, for the near term,…

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ImmVRse Signs Partnership with Bitcoin PR Buzz Agency

ImmVRse Signs Partnership with Bitcoin PR Buzz Agency
Source: Bitcoinprbuzz.com

Bitcoin Press Release: ImmVRse have formed a strategic partnership with Bitcoin PR Buzz, one of the biggest Blockchain PR companies in the space. February 20th, 2018 London, UK: ImmVRse is pleased to announce an official partnership with Bitcoin PR Buzz, heading into 2018. The new year will bring about big developments within the VR industry and blockchain technology, this partnership will help bring ImmVrse’s groundbreaking new innovations to the forefront. Limon Rahman – COO of ImmVRse commented on the partnership: “Strategic partnership ensures organisations deliver greater than the sum of its parts. ImmVRse is excited to announce the partnership with one of the leading global PR agencies within the blockchain industry, Bitcoin PR Buzz. Together we aim to showcase the tremendous potential of Virtual Reality and how the ImmVRse platform will lead the revolution for content creators.” ImmVRse is a…

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BitQuick reintroduces its Bitcoin Compliance API

Source: Cryptoninjas.net

BitQuick, a US instant buying and selling Bitcoin marketplace has relaunched its Compliance API. Initially released in 2015, it allows state and federally regulated businesses to access customer data in order to remain compliant… BitQuick reintroduces its Bitcoin Compliance API was published on CryptoNinjas.

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Study: SMEs Believe Cryptocurrency Payments Will Hit the High Street in Two Years

Source: Coinjournal.net

A new study has found that over a third of small business owners believe that cryptocurrency payments will become a reality on the high street within two years. The study, conducted by Paymentsense, a card payment provider in the U.K. and Ireland, revealed that 35 percent of 504 small and medium-sized enterprises (SMEs) remain confident […] This post Study: SMEs Believe Cryptocurrency Payments Will Hit the High Street in Two Years first appeared on Coinjournal.

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