Wednesday, October 31, 2018

Investorideas.com - #CryptoCorner: #Coinbase Not Going Public "Any Time Soon", Korea's Financial Services Commissioner Affirms Legality of Banks Working with Crypto Exchanges

Investorideas.com - #CryptoCorner: #Coinbase Not Going Public "Any Time Soon", Korea's Financial Services Commissioner Affirms Legality of Banks Working with Crypto Exchanges



#CryptoCorner: #Coinbase Not Going Public "Any Time Soon", Korea's Financial Services Commissioner Affirms Legality of Banks Working with Crypto Exchanges

Oct 31st #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App


Point Roberts, WA and Delta, BC - October 31, 2018 (Investorideas.com Newswire) 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:

#CryptoCorner: #Coinbase Not Going Public "Any Time Soon", Korea's Financial Services Commissioner Affirms Legality of Banks Working with #Crypto Exchanges

Subscribe to Podcast RSS feed:

Coinbase Not Going Public "Any Time Soon", Korea's Financial Services Commissioner Affirms Legality of Banks Working with Crypto Exchanges, Indian Authorities Consider Ban of Private Crypto Use and Brazilian Banks Reopen Local Exchange Accounts

In an interview with Bloomberg, Coinbase President and COO Asiff Hirji said the company had no immediate plans for an initial public offering (IPO). Hirji said the company would eventually, but that it was not the most important thing to consider at this time.
"There's not going to be an IPO any time soon. We have so much to do. At some point, yes, we will go public, but that's not even close to the top of the list of things we're worried about right now."
CCN reports that the commissioner of Korea's Financial Services Commission (FSC), Choi Jong-Ku, has affirmed the legitimacy of banks working with cryptocurrency exchanges. Choi stated that as long as crypto exchanges observe the Know Your Customer (KYC) and Anti Money Laundering (AML) systems, there should be no barrier in working with banks.
"There exists no issue in banks providing virtual bank accounts to cryptocurrency exchanges. If digital asset trading platforms have KYC and AML systems in place, there is no problem in issuing virtual bank accounts to exchanges,"
A meeting of India's Financial Stability and Development Council (FSDC) yesterday considered the banning of the private use of cryptocurrencies. A Press Information Bureau release from the meeting indicates that the council talked about developing a legal framework to make private use illegal but to urge growth in blockchain technology.
The Council also deliberated on the issues and challenges of Crypto Assets/Currency and was briefed about the deliberations in the High-level Committee chaired by the Secretary (Economic Affairs) to devise an appropriate legal framework to ban use of private crypto currencies in India and encouraging the use of Distributed Ledger Technology, as announced in the Budget 2018-19.
Two major Brazilian banks, Banco do Brasil and Santander Brasil, have reopened the accounts of local crypto exchange Bitcoin Max, according to Portal do Bitcoin. This follows a preliminary ruling by the Federal District and Territorial Court that the banks had failed to notify Bitcoin Max of the closure which violates consumer protection rules. If the banks had failed to reopen the accounts, they would have been fined.
Sam Mowers, Investorideas
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Crypto Corner Sponsors:
Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
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/


Investorideas.com - GBT Genesis Blockchain Technologies
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
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.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io

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The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
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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: http://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: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
Cryptocurrency Disclaimer
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Tuesday, October 30, 2018

Investorideas.com - #Cryptocurrencies 'come of age' as Bitcoin turns 10 and UK Taskforce publishes report

Investorideas.com - #Cryptocurrencies 'come of age' as Bitcoin turns 10 and UK Taskforce publishes report

Investorideas.com - DMG (TSX-V: DMGI) (DMGGF:OTC US) Announces Free Access to Walletscore, Leading #Crypto Transaction Risk Scoring Tool, Through November 15th

Investorideas.com - DMG (TSX-V: DMGI) (DMGGF:OTC US) Announces Free Access to Walletscore, Leading #Crypto Transaction Risk Scoring Tool, Through November 15th


Investorideas.com - #CryptoCorner: #Coinbase Adds $300 Million in Recent Funding Round, UK #Crypto Taskforce Publishes Final Report on Regulation

Investorideas.com - #CryptoCorner: #Coinbase Adds $300 Million in Recent Funding Round, UK #Crypto Taskforce Publishes Final Report on Regulation



#CryptoCorner: #Coinbase Adds $300 Million in Recent Funding Round, UK #Crypto Taskforce Publishes Final Report on Regulation

October 30th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ( $NXTD) and Genesis Exchange and Wallet App


Point Roberts, WA and Delta, BC - October 30, 2018 (Investorideas.com Newswire) 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:

#CryptoCorner: #Coinbase Adds $300 Million in Recent Funding Round, UK #Crypto Taskforce Publishes Final Report on Regulation and Expert Warns of Alarmism in Media with Regard to Bitcoin Mining Energy Consumption

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Market Takes a Slight Dip, Coinbase Adds $300 Million in Recent Funding Round, UK Crypto Taskforce Publishes Final Report on Regulation and Expert Warns of Alarmism in Media with Regard to Bitcoin Mining Energy Consumption

The crypto market took a small tumble yesterday as total market capitalization slipped from $209 billion early Monday morning, to $203 billion USD at press time, according to CoinMarketCap. This is the most volatility seen in the recently placid market in about two weeks when total market cap briefly surged to $220 billion USD only to stabilize around $210 billion USD. If the dust has settled then we're only seeing minor adjustments in the price of major coins, many of which are barely in the red. At press time, Bitcoin (BTC) is trading for $6337 USD, Ether (ETH) for $197 USD, XRP at $0.44 USD and Bitcoin Cash (BCH) at $418 USD.
Crypto exchange giant Coinbase has raised $300 million USD in a recent funding round, bringing their total valuation to $8 billion USD. In a blog post by company President and COO Asiff Hirji, it was announced that the Series E funding round was led by "Tiger Global Management, with participation from Y Combinator Continuity, Wellington Management, Andreessen Horowitz, Polychain and others." Asiff writes that the company will utilize the recent financing to expand Coinbase globally, offer many new cryptocurrencies on their platform, accelerate utility applications for crypto and bring more institutions into the space.
Coinbase is, and will remain, a crypto-first company. More than anything, we're proud of the millions of people that have turned to Coinbase as their entry-point into crypto. We take that responsibility very seriously. We strive to be the easy, trusted way for anyone to get started with cryptocurrencies. We see Coinbase's growth as validation that the ecosystem will only continue to grow in size, influence and impact - ultimately ushering in a more open financial system for the world.
The UK government's "Crypto Taskforce" released a final report yesterday, which outlines the group's positions with regard to regulation of cryptocurrency and distributed ledger technology (DLT). The Crypto Taskforce, which is made up of representatives from the Financial Conduct Authority, the Bank of England and HM Treasury, concludes with a cautious optimism about the space, encouraging growth with security a top priority.
There are substantial potential risks associated with cryptoassets, and the most immediate priorities for the authorities are to mitigate the risks to consumers and market integrity, and prevent the use of cryptoassets for illicit activity. The authorities will also guard against threats to financial stability that could emerge in the future, and encourage responsible development of legitimate DLT and cryptoasset-related activity in the UK.
Dr. Jonathan Koomey, an expert on the economics of greenhouse gas emissions and the relationship between information technology and resource use, has responded in a recent post on his blog to a Newsweek article titled: "BITCOIN MINING ON TRACK TO CONSUME ALL OF THE WORLD'S ENERGY BY 2020". Koomey cautions against alarmism in the media while also encouraging skepticism of the energy impact of blockchain technology.
"While I encourage everyone in the electricity sector to track Bitcoin as a potential source of new load growth, please use caution and avoid being misled by the hype. Breathless media coverage papers over the uncertainties in the underlying data, and makes it seem like Bitcoin is taking over the world, but in fact it's likely only 0.1% of global electricity consumption, and it is unlikely to continue growing at recent historical rates."
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
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Crypto Corner Sponsors:
Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
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/


Investorideas.com - GBT Genesis Blockchain Technologies
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
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.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.comCryptocurrencyinvestorideas.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
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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 and the Cleantech and Climate Change Podcast .
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:
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: http://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: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
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
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Monday, October 29, 2018

Investorideas.com - Upco International Inc. (CSE: $UPCO.C) (OTCQB: $UCCPF) (FSE: U06) Announces Synergy with the Multi-Billion Dollar Cannabis Sector in the Areas of Regulatory Compliance and Risk Mitigation

Investorideas.com - Upco International Inc. (CSE: $UPCO.C) (OTCQB: $UCCPF) (FSE: U06) Announces Synergy with the Multi-Billion Dollar Cannabis Sector in the Areas of Regulatory Compliance and Risk Mitigation

Investorideas.com - #eToro becomes first investment platform to offer #Binance Coin

Investorideas.com - #eToro becomes first investment platform to offer #Binance Coin

Investorideas.com - #Crypto News, Analysis, Forecasts, #ICOs and Events for the week ending 10/26/2018

Investorideas.com - #Crypto News, Analysis, Forecasts, #ICOs and Events for the week ending 10/26/2018


Investorideas.com - #CryptoCorner: #Bitstamp Acquired by NXMH, British Business Pushes Against Proposed #Crypto Regulation, #Hitachi Payment Services and State Bank of India JV for Digital Payments

Investorideas.com - #CryptoCorner: #Bitstamp Acquired by NXMH, British Business Pushes Against Proposed #Crypto Regulation, #Hitachi Payment Services and State Bank of India JV for Digital Payments



#CryptoCorner: #Bitstamp Acquired by NXMH, British Business Pushes Against Proposed #Crypto Regulation, #Hitachi Payment Services and State Bank of India JV for Digital Payments

October 29th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App


Point Roberts, WA and Delta, BC - October 29, 2018 (Investorideas.com Newswire) 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:

#CryptoCorner: #Bitstamp Acquired by NXMH, British Business Pushes Against Proposed #Crypto Regulation, #Hitachi Payment Services and State Bank of India JV for Digital Payments

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Bitstamp Acquired by Investment Firm NXMH, British Business Pushes Against Proposed Crypto Regulation, Hitachi Payment Services and State Bank of India in Joint Venture for Digital Payments and Coinbase Cuts 15 Employees

Stocks discussed: (TYO:6501)

Reuters reports that investment firm NXMH has acquired crypto exchange Bitstamp in an all cash deal. Bitstamp CEO Nejc Kodrič did not disclose particular details of the transaction, but Reuters notes that even in 2016, Bitstamp was valued at $60 million USD. Bitstamp is registered in Luxembourg, and is the largest crypto exchange in the European Union by volume. NXMH is a European subsidiary of South Korean-based investment firm, NXC. Kodrič explained to Reuters that the sale was not premeditated, but that there had been increased interest from buyers since last year.
"The sale wasn't planned. There was no active effort to go around and solicit buyers. The vibrant industry last year sparked potential interest from buyers to make a footprint in the industry. We started to get approached by buyers in the middle of last year."
British newspaper The Telegraph reports that experts from the U.K.'s business community have pushed back against MPs as a response to proposed regulation in the crypto and fintech spaces. A report compiled by the British Business Federation Authority (BBFA), law firm Baker Botts, venture capital fund Novum Insights and cryptocurrency exchange TodaQ, claimed that "bad regulation is worse than no regulation at all". The chief executive of the BBFA, Patrick Curry, warned that unforeseen damage could be sustained by proposed regulation.
"It is a very blunt instrument approach and I haven't seen this in other countries. The use of this technology is still a voyage of discovery and these technologies are being refined for different types of use. My concern is the law of unintended consequences."
Hitachi Payment Services, an India-based subsidiary of Japanese electronics giant Hitachi (TYO:6501), has entered a joint venture with the State Bank of India (SBI) to establish a digital payments system. Hitachi Payments will invest a 26 percent stake in the venture and will contribute digital solutions to the Indian payments sector using its IoT platform Lumada. Commenting on the partnership, Hitachi president and CEO Toshiaki Higashihara said:
"Along with the accelerating movement of digitization around the world, Hitachi aims to improve people's lives by providing digital solutions in India and other countries. By establishing the joint venture with SBI, Hitachi will further contribute to the development of digital payments in India by building a state-of-the-art digital payments platform and leveraging SBI's robust customer network."
Yahoo Finance reports that crypto exchange giant Coinbase, has cut 15 staff members recently. Though the company employs some 550 people, the loss of 15 may come as a surprise as the exchange is believed to be gearing up for a public listing.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Get the Crypto Corner News by email Get Crypto Corner News
Crypto Corner Sponsors:
Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
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/


Investorideas.com - GBT Genesis Blockchain Technologies
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
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.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.comCryptocurrencyinvestorideas.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 https://www.investorideas.com/
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 and the Cleantech and Climate Change Podcast .
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:
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: http://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: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
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
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Contact Investorideas.com
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Investorideas.com - WISE on the rise!

Investorideas.com - WISE on the rise!



WISE on the rise!


October 29, 2018 (Investorideas.com Newswire) The initial coin offering (ICO) is an innovative crowdfunding model that allows startups to bypass tra-ditional early seed investment.
Not all ICOs are created equal; there are at the very least three types of tokens.
It is difficult to discern what category an ICO token falls into which is why we are reviewing them.
Securities Tokens
A security is a broad classification that refers to any kind of tradeable asset. Through ICOs, investors have access to a wide variety of securities tokens, ranging from redeemable coins for precious metals to tokens backed by real estate.
It was Marco Santori, Cooley LLP Fintech Team Leader, who said that an arrangement is a security if it involves "an investment of money. And a common enterprise. With the expectation of profit, primarily from the efforts of others."
Utility Tokens
Utility tokens, app coins or app tokens, provide users with access to a product or service.
It is important to note that "utility token" is an organizational distinction-not a legal one. The SEC has not given official guidance on utility tokens, currently they are not subject to securities regulations.
Equity Tokens
One of the most promising applications of Ethereum-based smart contracts is the potential for startups to issue stock-or equity tokens-through initial coin offerings. This benefits startups since the barrier to entry into the financial markets will be much lower than in the past. Blockchain allows shareholders to take a more active role in stock trading in corporate governance.
Why mention these tokens?
Enter WISE. 

Wise, is an innovative developer of analog-mixed-signal, system-on-a-chip (AMS-SoC) integrated circuits that empower IoT and mobile networks through blockchain technology while introducing a new concept, radio based IoT.
WISE will soon announce their own ICO, which is called the WRC Token (Wise Radio Token).
This will be a token generated with every radio transmission, and native to blockchain technology. WRC is created using wide range of sweeping radio frequencies that are encoded to achieve advanced security levels. The WRC opens an entire world of possibilities to provide IoT network features similar to mobile app stores, worldwide.
The technology that runs this transactions and how they take place are still a mystery, and it will remain like that until next month. Expect a full report on the whole WISE and its WRC Token this coming November.
This is the first token used by devices, not by people.
A teaser about what's coming in November has been released already:
 

Investorideas.com - GBT Genesis Blockchain Technologies
Genesis Exchange and Wallet App
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.
>

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: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Genesis Blockchain Technologies is a paid sponsor of the #CryptoCorner podcast at Investorideas.com https://www.investorideas.com/crypto-corner/
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

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Friday, October 26, 2018

Investorideas.com - #CryptoCorner: #Bitfury and #Coinbase May Be Considering IPOs, Ripple Report a Doubling of XRP Revenue from Q2 to Q3

Investorideas.com - #CryptoCorner: #Bitfury and #Coinbase May Be Considering IPOs, Ripple Report a Doubling of XRP Revenue from Q2 to Q3



#CryptoCorner: #Bitfury and #Coinbase May Be Considering IPOs, Ripple Report a Doubling of XRP Revenue from Q2 to Q3

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


Point Roberts, WA and Delta, BC - October 26, 2018 (Investorideas.com Newswire) 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:

#CryptoCorner: #Bitfury and #Coinbase May Be Considering IPOs, Ripple #Report a Doubling of XRP Revenue from Q2 to Q3

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Bitfury and Coinbase May Be Considering IPOs, Ripple Report a Doubling of XRP Revenue from Q2 to Q3, India's Supreme Court Asks for 2-Week Deadline on Status of Crypto and Mastercard Applies for Patent for "Fractional Reserves of Blockchain Currency"

Stocks discussed: (NYSE:MA)

Bloomberg reports that crypto mining startup Bitfury is considering becoming Europe's first initial public offering (IPO) in the crypto space. Bitfury makes crypto mining gear and posted revenue of around $450 million USD for the 12 months ending in March of this year. Citing "people familiar with the matter", the report says that Bitfury has reached out to investment banks around the world, including London, Amsterdam and Hong Kong. The sources say Bitfury could seek a valuation of $3 billion USD to $5 billion USD. Representatives of the company have yet to comment.
CNBC Africa's host of Crypto Trader, Ran Neuner, tweeted that crypto exchange giant Coinbase will soon announce an IPO. On December 14, 2017, Coinbase president Asiff Hirji told CNBC that an IPO would most likely happen eventually.
"It is certainly in the interest of our investors…and the most obvious path of Coinbase is to go public at some point, but there's a lot for us to do between now and then, whenever that date is."
Ripple recently published a report which showed that revenues from the sale of its token XRP doubled in the third quarter from the second quarter of 2018. Total sales from Q3 clocked in at $163 million USD over the $73 million from Q2.
The Economic Times reports that India's Supreme Court has asked for a report on the legal status of cryptocurrency from the government within two weeks. Though crypto trading is not currently illegal in India, the country's central bank, the Reserve Bank of India (RBI), has ordered a stop to trading and discouraged its use.
A newly published application shows that Mastercard (NYSE:MA) wants to patent "a method for managing fractional reserves of blockchain currency". A report on Bitcoin Exchange Guide comments on the surprising nature of this move.
Anyone that knows the history of cryptocurrency is probably seeing some red flags, considering that one of the issues that Bitcoin was supposed to fix is fractional reserve banking. Most crypto enthusiasts would rather see this type of banking completely erased from the financial industry, and they don't appreciate currency that is founded in debt.
The report goes on to say:
Mastercard seems to believe that there is a lot to be gained in combining crypto tech with traditional tech, and their system would most likely include the current payment networks and products in place.
Sam Mowers, Investorideas
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#CryptoCorner: BTC Still Dominant Over Altcoins, EU Antitrust Regulators Probe Libra, Austrian Telecom Giant A1 Accepting #Crypto Payments

#CryptoCorner: BTC Still Dominant Over Altcoins, EU Antitrust Regulators Probe Libra, Austrian Telecom Giant A1 Accepting #Crypto Paymen...