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Cryptohomie Who Spent Almost $150,000 on Altcoins Sees 85% Loss

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A crypto enthusiast who took out a six-figure loan to purchase cryptocurrencies has seen them lose almost 85% of their value. Investment Lost with NEO, Stellar, Litecoin, Ethereum, and Others On Monday, Reddit user “Cryptohomie,” a 32-year-old living in Abu Dhabi, UAE, posted a photo of his bank repayment schedule to the cryptocurrency subreddit, according to News.com.au. The

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Fantasy Football Club Crown League to Use Blockchain to Operate eSports Platform

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Fantasy sports club the Crown League announced today the launch of the first blockchain-based professional fantasy football league that will run in tandem with the upcoming National Football League (NFL) season. Players will be able to own part of their fantasy franchises, as well as the league, through the blockchain, which will grant them rights

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Maduro Mandates Venezuela’s Petro to Become Second National Currency

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Facing hyperinflation as well as international sanctions that have brought Venezuela to its knees, controversial President Nicolás Maduro has mandated that his recently-developed Petro cryptocurrency become the nation’s second official currency. Maduro Adopts the Petro as Venezuela’s Second National Currency The news was announced by Maduro in a televised address today, and will officially be in place by August 20,

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Buterin: Bitcoin, Ethereum ETFs are Good, But Need Easier Ways For Public to Buy

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On July 29, Ethereum co-founder and renowned blockchain developer Vitalik Buterin discussed the necessity of infrastructure around Bitcoin and Ethereum, and the need to create better ways for the public to invest in major digital assets. Easier Methods of Purchasing Crypto Specifically, Buterin addressed the more institutionally-connected Bitcoin exchange traded funds (ETFs). In his Tweet,

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Crypto Firms Hold a Closed-Door Meeting with Nasdaq to Discuss Future Regulation

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A closed-door meeting was held earlier this week in Chicago where representatives from a half a dozen companies — both traditional platforms as well as Cameron and Tyler Winklevoss’s digital asset exchange Gemini and other crypto-related firms — met with officials from Nasdaq Inc. to discuss industry regulation moving forward. Nasdaq Meets with Crypto Industry

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Robinhood Competitor Voyager to Offer Zero-Fee Trading of 15 Cryptocurrencies

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Crypto asset brokerage Voyager, a startup backed by founding architect and chief technology officer of Uber, revealed plans today to offer no-fee trading of 15 different cryptocurrencies, including Bitcoin, Ethereum, EOS, and others, Voyager Plans To set themselves aside Voyager will use an aggregation engine for cryptocurrency prices across more than a dozen trading venues. This

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Binance Teams Up with Malta to Create the Blockchain Charity Foundation

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Breaking new ground, one of the world’s largest cryptocurrency exchanges, Binance, has teamed up with the Maltese President’s Trust to create the Blockchain Charity Foundation. It will use the technology that underlies cryptocurrencies to “empower vulnerable communities and enhance transparency in charitable work.” The memorandum of understanding (MOU) was signed with Helen Hai, a goodwill ambassador

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Google Turns to Cloud-Based Platform for Blockchain Applications

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In a blog post before Google’s Cloud Next ’18 conference today, the company has announced a partnership that will permit it to offer the financial services industry a cloud-based platform on which they can develop and run blockchain-based applications. Google’s Cloud Platform To make it happen, Google has teamed up with Digital Asset — a provider of distributed

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Another Fake Partnership as Samsung Denies CopPay Crypto Payments Deal

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On July 20 reports circulated that a partnership between electronics giant Samsung and Lithuanian crypto payment and blockchain startup CopPay was in the works. The deal was set to make it possible for Samsung customers in three Baltic states — Estonia, Latvia, and Lithuania — to pay for in-store purchases with cryptocurrencies. In surprising news, it appears

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CFTC Demands Almost $2 Million from Illegal Bitcoin Pool Operator

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In a case that has been developing over the past few months, the U.S. Commodity Futures Trading Commission (CFTC) has taken another step in its actions against Dillon Michael Dean and his U.K.-registered company The Entrepreneurs Headquarters Limited (TEH). Dean, of Longmont, Colorado, who used Bitcoin to funnel his ill-gained profits, is charged with commodity pool operator

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