#CryptoCorner: #OKEx Co-Founder Detained in #Shanghai for Fraud Investigation, Paris Saint-Germain Teams with #Blockchain Platform Socios for Fan Token Offering and Canada’s First Block Capital Secures Mutual Fund Status for ‘Flagship Product’

#CryptoCorner: #OKEx Co-Founder Detained in #Shanghai for Fraud Investigation, Paris Saint-Germain Teams with #Blockchain Platform Socios for Fan Token Offering and Canada’s First Block Capital Secures Mutual Fund Status for ‘Flagship Product’

September 11th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet  App

Point Roberts, WA, Delta BC - September 11, 2018 - Investorideas.com, a leader in crypto and blockchain investing news reports on what’s driving the cryptocurrency markets with today’s edition of Crypto Corner, now available in podcast.

Listen to today’s Crypto Corner Podcast:

September 11 Crypto Corner

Market Still Seeing Red, OKEx Co-Founder Detained in Shanghai for Fraud Investigation, Paris Saint-Germain Teams with Blockchain Platform Socios for Fan Token Offering and Canada’s First Block Capital Secures Mutual Fund Status for ‘Flagship Product’

As the week wears on the crypto market is still seeing red, continuing the downtrend that began last Wednesday. At press time, Bitcoin (BTC) is trading at $6275 USD, according to data from CoinMarketCap, and the total market capitalization is $191 billion USD.

The founder of the world’s second-largest crypto exchange OKEx, Star Xu, has been detained by authorities in Shanghai, according to local outlet Sina. He was taken to Shanghai’s Weifang Xincun police station on the evening of September 10 as part of an investigation on digital currency fraud. If evidence is found against Xu, he will be sent to a detention centre, and if not, he is to be released within 24 hours of detention.

Top-tier French football (soccer) team Paris Saint-Germain has partnered with blockchain platform Socios.com, according to a press release today. As part of their multi-year strategic partnership, Socios is creating a Fan Token Offering (FTO) which enables fans to engage with the team through mobile voting and polling platforms, and opens up exclusive reward content and experiences. Paris Saint-Germain’s Chief Partnership Officer, Marc Armstrong, commented on the partnership:

“Always at the forefront of digital innovation, Paris Saint-Germain is determined to leverage the opportunities that cryptocurrency can provide. This revolutionary technology will have an important impact on the Club’s overall business strategy and the way we engage with our fanbase. We are very pleased to welcome Socios.com in the Paris Saint-Germain family.”

Canadian crypto and blockchain investment company, First Block Capital, Inc., has announced via Business Wire that its “flagship product”, the FBC Bitcoin Trust, has achieved mutual fund trust status. This enables unit holders to put units in a self-directed registered account such as an Registered Retirement Savings Plan (RRSP) or Tax Free Savings Account (TFSA). Additionally, the product is now available for purchase on crypto payment system NEO Connect. First Block Capital’s co-founder and Chief Investment Officer, Marc van der Chijs, commented on the news:

“With this accomplishment, we continue to push Canada forward as a world leader in regulated blockchain and cryptocurrency investment vehicles. Our goal is to make investments in the digital currency asset class more accessible and we are one step closer to achieving this goal by allowing unit holders to place units in government sponsored tax efficient vehicles, and by providing daily liquidity through NEO Connect, a fund distribution platform with a rapidly growing dealer network.”

Sam Mowers, Investorideas

Read other editions of the 
Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

Crypto Corner Sponsors:

Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/

GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.
The powerful GBTDesk aggregator ensuring exchange of cryptocurrencies for fiat currencies under smart contracts without intermediaries is a key element of GBT.
Download the Genesis Exchange and Wallet App at Google Play

More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the Stock Guru daily podcast on Support and Resistance Trading.

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure:  this  newsletter  and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip  and  GBT Technologies  . More info: https://www.investorideas.com/About/News/Clientspecifics.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas

Contact Investorideas.com