Day: August 28, 2018

Some Crypto Mining Apps Remain in Google Play Store Despite Recent Ban

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According to a report by the Next Web published on August 28, several cryptocurrency mining apps remain in the Google Play Store despite the ban. On July 27, Google banned crypto-mining apps from its Play Store. An update to Google’s developer policy read that “we don’t allow apps that mine cryptocurrency on devices.” The company gave mining app developers a 30-day grace period to revise their products in order to comply with the new terms. The deferral period has passed, but some apps that enable on-device mining are still available…

XRP Gains After Brad Garlinghouse Q3 Upbeat Expectations

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Even as XRP proponents insist that the coin is fully decentralized and a utility, XRP is technically in a down trend aside recent recovery. Fundamentally, we expect a recovery in sync with Brad Garlinghouse comments that institutional money will be funneled to XRP this quarter and our optimism seems to be high now that prices are actually expanding with XRP printing a five percent gain in the last week and in the past 24 hours. News Highlights In recent weeks, eToro, the Tel Aviv based social trading platform has been…

The Associated Press Partners With Blockchain-Based Journalism Firm

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The Associated Press (AP) news agency has inked a content licensing partnership with blockchain-based startup Civil, according to an official announcement Tuesday, August 28. AP is reportedly interested in exploring ways to secure intellectual property rights, support ethical journalism, and track content usage with blockchain technology. As part of the project, AP will deliver its content, including national and international news to Civil, so that news agencies can access it on the platform. Any newsroom wishing to access AP content will be licensed directly by AP. As part of the…

42% of Top 50 Universities Offer at Least One Crypto-Related Class

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A recent study by the U.S. crypto exchange Coinbase has shown that 42 percent of the world’s top 50 universities have at least one class on cryptocurrencies or blockchain. The results of the study were published on Coinbase’s official blog Tuesday, August 28. The research was jointly conducted by Coinbase and survey company Qriously. Together they interviewed 675 U.S. college students and reviewed courses at 50 international universities. Of the 172 classes reviewed in the study, 15 percent were offered by economics, finance, law and business departments, while 4 percent…

EOS, Stellar Lumens, IOTA, Litecoin, Tron Technical Analysis

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It’s a ball park seven percent gain for all altcoins under our preview. While our trade plans are live and on course, we expect further gains especially in Tron which is due to launch their virtual machine as they compete with Ethereum by end month. Others as IOTA, LTC and EOS are rising thanks to recovering Bitcoin prices and the general positive alt-coin market. EOS Technical Analysis From the News Speculation is rife that a $1 million order on Binance propelled EOS prices above $5 on Aug 27. Despite registering…

18% of Students, Twice the U.S. Average, Own Cryptocurrency: Survey

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A majority of U.S. students want to take up a course on cryptocurrency and blockchain technology and twice the country’s average own cryptocurrency. Students Twice as Likely to Own Cryptocurrency as Average Person According to a recent nationwide survey of 675 students conducted by digital currency exchange Coinbase in partnership with Qriously, 18 percent of students said they own cryptoassets, while a quarter of them said that they would definitely take a cryptocurrency or blockchain-centric course. David Yermack, the finance department chair at New York University Stern School of Business, said that…

Lloyd’s Of London to Insure Custody Platform for Digital Currency

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U.K. insurance market leader Lloyd’s of London will insure a crypto custody platform by U.S.-based custodial firm Kingdom Trust, according to a press release published August 28. Founded in 1686, Lloyd’s of London is a British insurance firm that is active in over 200 countries. The company reportedly paid claims in the amount of £68 billion ($87 billion) between 2011 and 2016. Kingdom Trust, which serves over 100,000 customers and has $12 billion in assets under custody, is the reportedly the “first” regulated financial institution to offer qualified custody for…

‘Operation Cryptosweep’ Results in 200 Crypto-Related Investigations

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The North American Securities Administrators Association (NASAA) announced today, August 28, that its ongoing initiative “Operation Cryptosweep” has resulted in over 200 investigations of Initial Coin Offerings (ICOs) and crypto-related investment products. State and provincial securities regulators in the U.S. and Canada launched probes into potentially fraudulent crypto investment programs as part of the NASAA’s “Operation Cryptosweep” in May. The initiative targeting suspicious crypto investment products is reportedly the largest such coordinated investigation by state and provincial officials. The NASAA President and Alabama Securities Commission Director Joseph P. Borg said…

Battle Lines Drawn Ahead of Scheduled Hard Fork

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Controversial and untrusted figure in the Bitcoin Cash (BCH) community Cobra Bitcoin may prove to be the saving grace for the network’s future, after a highly contentious dispute between Bitcoin ABC and nChain threatens to split BCH into competing chains ahead of a scheduled hard fork in November. Cobra, the anonymous owner of Bitcoin.org and previous critic of Bitcoin Cash, announced the Cobra Client hard fork in a Medium post and dubbed the upgrade a “safe implementation of the Bitcoin Cash protocol.” The proposed upgrade is in response to the…

Dash Price Rises 20% on Venezuelan Adoption Push

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Dash (DASH) is currently experiencing a strong price surge, rising about 20 percent in the space of 24 hours as news coming out of Venezuela indicates that it is experiencing a solid increase in adoption by users fleeing the bolivar’s six-figure inflation rate. Hyperinflation, Petro, and Dash Dash Price Chart CCN reported recently that Venezuelan president Nicholas Maduro announced the creation of the “Sovereign Bolivar,” a new currency to  replace the near-worthless bolivar, which had an inflation rate in excess of 100,000 percent. The new bolivar was then pegged to…