Blockchain 

Another Fan Token | WestHam Soccer Club Signs with Socios.com

Back in September, Juventus Soccer Club launched its own ‘fan token’. Now, the partner behind that token, Socios.com, is buddying up with West Ham United. The Socios.com Fan Token Socios.com is a “new app for football fans.” It allows its users to vote on club matters by collecting the fan token that is issued by the Socios blockchain and tradeable against the platform’s native cryptocurrency ChiliZ (CHZ). As stated, Juventus signed up last September. Paris St. Germain soon followed, inking its deal two weeks later. West Ham is the first…

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Blockchain 

Bitcoin Price | Analysts Indicate BTC Could Drop to $4,000

Most analysts and investors viewed the recent reaction of Bitcoin price to the Bitfinex/Tether controversy as an indication of improving fundamental strength. According to one analyst, it may be too early to celebrate yet as Bitcoin price is likely to drop into the $4,000 region before gaining any significant support that will allow it to continue with the momentum of growth. Tether/Bitfinex Controversy Traders and investors are expected to be ready for this bearish possibility, but analysts have pointed to a long-term trend line that demonstrates how Bitcoin price is…

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Blockchain 

Tron Dogs Controversy | Have Your Profits Been Taken Too?

Update: We reached out to Game.com yesterday in response to the negative buzz circulating within the Tron Dogs community. David Sun, Head of Global PR & Marketing at Game.com, promptly responded back saying: Recently, there have been various reports of profits being taken from players accounts without consent or a formal announcement. Can you comment on this? Our newly developed breeding feature had an introductory period of free breeding to showcase the brand new features; players would potentially get a Tron dog from the free breeding of 2 pets, and on…

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Blockchain 

Bitcoin Generation Suspension | Why the SEC Took Action

On Monday, April 29, the SEC said it’s suspending trading of shares in Bitcoin Generation. While a relatively unknown crypto exchange, news of the suspension has traveled far and wide. That said, it’s important to know this is a temporary suspension. In this article, we will discuss everything we know about the Bitcoin Generation suspension. Bitcoin Generation Suspension: The Facts Today, the US Securities and Exchange Commission said it was suspending Bitcoin Generation trading until 11:59 P.M. EDT on May 10, 2019. According to the regulator, it is concerned that Bitcoin…

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Cryptocurrency 

Aston Plaza | First Major Crypto-bought Real Estate on Hold

A cryptocurrency venture under construction in Dubai has reportedly been put on hold. British Baroness and multi-million dollar crypto entrepreneur, Michelle Mone, had begun a real estate project called Aston Plaza, which broke ground in 2017. However, citing government inspectors to the site, the project has stopped at only 25% completion. Aston Plaza The $325 million project consisted of two complexes making up 1,300 luxury apartments. At least 150 of those were planned to be sold in Bitcoin. This was the first major development of this size to be available…

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Blockchain 

Crypto Adoption | Russia Testing and Finland Regulating

The crypto world has continued to grow each passing day, and the industry is closer to global crypto adoption judging from the events and developments of the last week of April. Crypto Adoption: Russia Opens Four Regions The Russian Federation has indicated that it is opening four regions in the country to test cryptocurrency. This is a significant milestone towards crypto adoption around the world. The Federation will test crypto innovations in regions that are not under the purview of the current regulations. A bill drafted by the Economy Ministry of…

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Blockchain 

Here’s What We Know About the Bitfinex and Tether Issue

On Thursday, April 25, reports surfaced that The New York Attorney General’s office is looking into Bitfinex. Specifically, NYAG Letitia James said she had received a court order against iFinex Inc., which is the company behind Bitfinex. The order told them to stop breaking New York law. Here’s what we know. The Bitfinex and Tether Issue: April 2019 According to reports, The New York Attorney General’s office is looking into iFinex. Why? Because the office alleges that Bitfinex lost more than $800 million. The crypto exchange then proceeded to use…

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Blockchain 

Ripple Reports Major Growth in XRP Sales in First Quarter

American financial technology firm Ripple, which is responsible for the development of the cryptocurrency XRP, has declared its fiscal first-quarter results. The company, which was founded in 2012, is the largest holder of XRP, the third biggest cryptocurrency in the world, and is based in San Francisco, California. It has offices located around the world. The currency XRP, in itself, is decentralized. According to the Q1 2019 results, the company reported major growth in XRP sales, and that is positive news for the broader crypto market, which has been largely…

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Blockchain 

Nike to Launch Crypto Called Cryptokicks? Trademark Application Hints Yes

The crypto community has known for a while that Facebook might be issuing its own cryptocurrency. And now, it appears the online behemoth might have a little competition. Reports have surfaced that athletic apparel manufacturer Nike is thinking of doing the same. The Oregon-based company even has a name for its digital currency: cryptokicks. Nike Cryptokicks Coming Soon? On April 19, Nike filed a trademark application for ‘cryptokicks.’ The application said cryptokicks could be used by an online community. The application also describes an electronic marketplace for clothing and footwear.…

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Blockchain 

Samsung Blockchain? Tech Giant Developing Blockchain Network

South Korean tech giant Samsung is reportedly developing its own blockchain network. It’s expected the venture will lead to a Samsung token in the near future. Samsung Blockchain According to an internal source “familiar with Samsung’s internal situation,” the company’s wireless division is building a mainnet based on the Ethereum blockchain. Led by its blockchain task force, the new network is still at the “internal experimental” stage. According to the source: “Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in…

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