EXCHANGES

India Plans to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses

[ad_1] The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped up efforts to influence the government’s final decision on the country’s crypto policy. Also read: Indian Supreme Court Heard Crypto Case
Business

Cryptocurrency Market Sees Red as Bitcoin Still Struggles Under $12,000

[ad_1] Friday, Aug. 9 — Bitcoin (BTC), Ether (ETH) and XRP are slumping along with the rest of a largely red cryptocurrency market.Market visualization. Source: Coin360Bitcoin is trading at$11,910 at press time, with approximately a 1.16% loss on the day. Bicoin has broken $12,000 three times this week, but has lost traction at or above that price point. Nonetheless, some BTC bulls are saying that the current market conditions indicate
BLOCKCHAIN

New Jersey Governor Signs Bill to Establish Blockchain Task Force

[ad_1] Governor of New Jersey Phil Murphy recently signed bill S2297, which is an act to create a so-dubbed New Jersey Blockchain Initiative Task Force. The purpose of the task force is purportedly to study blockchain solutions for the benefit of the state.The news that Murphy passed this bill comes by way of an announcement on the official site of the state of New Jersey on Aug. 8. According to
EXCHANGES

Tokens Built on Bitcoin Cash Are Cheaper to Send Than Those of Rival Networks

[ad_1] Satoshi Nakamoto’s Bitcoin technology has inspired a lot of innovation spawning a myriad of tokens representing digitized assets. There are now token creation systems on blockchain networks like Omni Layer, Counterparty, and Ethereum. Each framework comes with the cost of sending tokens and right now the Simple Ledger Protocol is one of the cheapest most cost-effective ways to issue and send tokens. Also read: Meet ‘Spedn’ — A Smart
BLOCKCHAIN

Coinbase’s Professional Platform to Begin Listing Process for Algorand Token

[ad_1] Major cryptocurrency platform Coinbase is adding the Algorand protocol’s eponymous token to its professional-targeted trading platform Coinbase Pro on Aug. 14.Coinbase announced this latest addition in an official blog post on Aug. 9. The cryptocurrency exchange will scale up to full Algorand (ALGO) trading in four steps: transfer-only, post-only, limit-only and full trading. The announcement also recalls some other common procedures for adding a new token to its platform, which
BLOCKCHAIN

South Korean Holding Company Uses Ripple Fork to Develop Donations Platform

[ad_1] South Korean holding company SK C&C has unveiled plans for a donation platform that is based on a Ripple blockchain fork. Moreover, the platform will support a stablecoin linked at a 1:1 ratio to the won, as well as a utility token.South Korean news daily Chosun reported about the company’s initiative on Aug. 9. According to the report, the donation platform is still strictly in the planning phase. SK
EXCHANGES

Goldman Sachs Arrests Render Mnuchin Bitcoin Comments Useless

[ad_1] Goldman Sachs vice president and known Bitcoin skeptic Richard Gnodde is among 17 senior executives who could face ten years’ in prison for money laundering.  Vice President Could Face 10 Years In Jail According to a press release from Malaysia’s attorney general August 9, Gnodde is now wanted in connection with the infamous 1MDB scandal from 2013.  According to prosecutors, Gnodde and many other top Goldman employees helped raise
BLOCKCHAIN

Crypto Custodian BitGo Expands Japanese Presence, Builds Team

[ad_1] Digital asset trust and security company BitGo is reportedly expanding into the Japanese market, The Block reported on Aug. 9.A source familiar with the matter told The Block that BitGo is expanding its presence in Japan. According to the report, BitGo is planning to grow its Japan-based team, including hiring a sales director for the company’s sales team in Tokyo.Per a dedicated job post published by BitGo last week,
EXCHANGES

Pompliano Labelled ‘Crazy’ For His 50% Market Exposure to Bitcoin

[ad_1] Morgan Creek Digital co-founder Anthony Pompliano received a verbal beating for disclosing that 50% of his portfolio is in Bitcoin. Question is…is his lack of diversification a bad thing? Is Pomp Crazy?  Earlier this week, Anthony Pompliano participated in a CNBC Squawk Box panel which discussed macro-economics and its impact on Bitcoin price action. One panelist asked Pompliano what percentage of his net worth was invested in Bitcoin and
ALTCOIN

Weapon in US Trade War or Attempt to Manipulate Bitcoin?

[ad_1] After a short stay in the red zone, Bitcoin (BTC) has recovered toward $12,000, with traders turning bullish as ever. Experts call the United States-China trade war a key reason for the main cryptocurrency’s price fluctuations. Fuel to the fire has been added by the recent announcement by the People's Bank of China (PBoC) of plans to get ahead of the U.S. and Facebook’s Libra by issuing a national cryptocurrency.Chinese