The Latest Crypto News From The Interwebs - 1st August 13:00

Billionaire Backed Bitcoin Bank Trading on Major Stock Exchange

Via C. Edward Kelso Wed Aug 01 12:55:57 BST 2018
Coming off fresh first quarter losses undeterred, giant cryptocurrency merchant bank, Galaxy Digital, began trading on the Toronto Stock Exchange August, 1, 2018. It is one of the earliest banks in the crypto space to achieve such a listing. Many eyes are watching to see what will become of the relationship between legacy financial institutions […]
Tagged with #News #Brady-Fletcher #Canada #Galaxy-Digital #GLXY #Mike-Novogratz #N-Featured #new-york #Toronto-Ontario #Toronto-Stock-Exchange #TSX

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US Treasury Dept. Fintech Innovation Report Touches on Crypto, Blockchain

Via Cointelegraph By Marie Huillet Wed Aug 01 12:27:00 BST 2018
A major new report from the U.S. Treasury Department has called for a more agile and conducive regulatory approach to innovations in the fintech sector.....
Tagged with #Blockchain #USA #Fintech #Cryptocurrencies #Regulation #Government #AML

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Bitcoin's Price Eyes Consolidation After 11% Drop

Via Omkar Godbole Wed Aug 01 12:00:20 BST 2018
Bitcoin's price could trade in a narrow range in the next 24 hours, courtesy of oversold conditions reported by short duration technical charts......
Tagged with #Markets #Bitcoin #Markets-News #Subfeatured #price

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India Turns to Discreet Trading Methods to Circumvent Cryptocurrency Ban

Via Shaurya Malwa Wed Aug 01 11:56:42 BST 2018
ways to purchase and trade digital assets. While exchanges have launched peer-to-peer models, a small fraction is resorting to “Dabba trading.” Banning Not Enough As reported on July 30, 2018, by local outlet Business Today, Dabba trading refers to making trades.....
Tagged with #Bitcoin-Trading #News #india

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Dubai Looks to Disrupt its Entire Legal System with ‘Court of the Blockchain’

Via Samburaj Das Wed Aug 01 11:06:18 BST 2018
both domestically and internationally is turning to blockchain technology to “create the world’s first disruptive court”. The Dubai International Financial Center (DIFC) Courts has announced its plan “to create the world’s first Court of the Blockchain” in a partnership with.....
Tagged with #Blockchain-News #News #dubai #Smart-Dubai

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Radar Relay Raises $10 Million for Decentralized Token Exchange

Via Nikhilesh De Wed Aug 01 11:00:44 BST 2018
Decentralized trading platform Radar Relay closed a $10 million Series A funding round led by Blockchain Capital, the startup announced Wednesday......
Tagged with #Venture-Capital #News #Investments #Blockchain-Capital #Series-A #Decentralized-Exchanges #Radar-Relay #Breaking

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PR: XcelTrip Accepts Major Crypto Currencies on Its Revolutionary Online Travel Portal

Via Bitcoin.com PR Wed Aug 01 10:30:43 BST 2018
XcelTrip, is poised to disrupt the online travel industry with launching of its online travel platform XcelTrip.com, from 1 Aug 2018. where user can use major crypto currencies to book their hotel and stay. XcelTrip has created a travel platform that is based on Blockchain Technology, powered by its own ERC20 utility token called the “XcelToken”. XcelTrip’s CEO Hob Khadka said “ our vision is to empower travelers and users worldwide, with a platform that is both easy to use and rewarding. Users can choose to book hotel properties across the world at attractive prices using XcelTrip website & mobile apps and book using the major crypto currencies such as Including Bitcoin, Etherum, Ripple, XcelToken and Bitcoin cash and along with the usual PayPal/debit/credit options.
Tagged with #Press-release #Bitcoin #bitcoin-cash #blockchain-technology #ERC20-utility-token #Etherum #Hob-Khadka #IMP-program #PayPal/debit/credit-options #Ripple #travel-platform

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Wikipedia Has 'Zero Interest' in an ICO, Says Jimmy Wales

Via Daniel Palmer Wed Aug 01 10:30:11 BST 2018
Wikipedia founder Jimmy Wales has said the not-for-profit online encyclopedia platform will "never" hold an ICO or issue its own cryptocurrency......
Tagged with #News #Initial-Coin-Offerings #Wikipedia #Jimmy-Wales #ICOs #Republished

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The Daily: NFL Players to Earn Crypto, McDonald’s Unveils Maccoin, Bill Clinton at Swell

Via Avi Mizrahi Wed Aug 01 09:55:49 BST 2018
In today’s edition of Bitcoin in Brief we cover the stories about how NFL players can start to earn some extra cryptocurrency, McDonald’s latest publicity stunt called Maccoin, former US president Bill Clinton to speak at Swell by Ripple, and Binance’s acquisition of Trust Wallet. Also Read: Security Researchers Attack McAfee-Backed Wallet for “Unhackable” Claims […]
Tagged with #The-Daily #Acquisition #Bill-Clinton #Binance #bitcoin-in-brief #football #Madonna #mcdonalds #N-Featured #NFL #Ripple

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Blockchain Platform to Allow Users to Trade Gold for Virtual Currencies

Via Cointelegraph By Connor Blenkinsop Wed Aug 01 09:49:00 BST 2018
A company is creating a blockchain ecosystem where gold can be traded for virtual money, and it has established a partnership with a major Korean exchange #SPONSORED.....
Tagged with #Blockchain #Gold #Exchanges #South-Korea #Precious-Metals #Cryptocurrencies

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Korean Shipwreck ICO Under Investigation for Possible Fraud

Via Kevin O'Brien Wed Aug 01 09:45:55 BST 2018
the world once they announced an ICO after making the big discovery of a sunken Russiani battleship carrying gold worth $130 billion. Team members from the company posted a YouTube video on July 16th showing how they were able to allegedly find wreckage of the.....
Tagged with #ICO-News #News #ICO #south-korea

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The SEC's Hester Peirce Isn't a Bitcoin Champion, Just a Regulatory Realist

Via Stan Higgins Wed Aug 01 09:00:41 BST 2018
Regulators like the SEC shouldn't be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce......
Tagged with #Regulation #News #Legal #US-&-Canada #Winklevoss #SEC #Featured #US #interview #Hester-Peirce

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Crypto Bloodbath: Bitcoin Drops 7% to $7,500 as Crypto Market Loses $30 Billion

Via Joseph Young Wed Aug 01 08:32:09 BST 2018
rypto market lost $30 billion in one of the steepest drops in the past 30 days. Expected Decline, But Extreme Since July 29, Bitcoin recorded three consecutive sell candles on its one-day chart, demonstrating.....
Tagged with #Bitcoin-Analysis #Bitcoin-Price-News #News

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South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges

Via Kevin Helms Wed Aug 01 07:55:18 BST 2018
The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. The regulators have also been considering imposing capital gains tax on the sale of cryptocurrencies. Also read: Yahoo! Japan Confirms […]
Tagged with #Taxes #Bitcoin #Bithumb #BTC #capital-gains-tax #corporate-tax #crypto #Cryptocurrency #deduction #Digital-Currency #Exchanges

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Bitcoin Slides to $7,500 as Major Currencies Fall in General Market Slump

Via Gerald Fenech Wed Aug 01 07:15:57 BST 2018
he high single digits to double digits in cases. Bitcoin was the main catalyst for this slump as it tanked down by 8% to the $7,545 level on Bitfinex at around 0800CEST. Although there were indications that the cryptocurrency.....
Tagged with #Altcoin-News #Bitcoin-Price-News #News

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Sources bitcoin.com , cointelegraph.com ,coindesk.com,blockchain.com,ccn.com,cryptocurrencynews.com