Bancor Launches Community Token Network to Combat Poverty in Kenya

Bancor Launches Community Token Network to Combat Poverty in Kenya Bancor is launching a network of blockchain-based community currencies in Kenya aimed at combating poverty, according to a press release shared with Cointelegraph June 18. Bancor, self-described as a “decentralized liquidity network,” secured a then-unprecedented $153 million in under three hours in an Initial Coin Offering…

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Italian Authorities Seize Bitcoin From BitGrail Wallets Following Court Order

Italian Authorities Seize Bitcoin From BitGrail Wallets Following Court Order Italian cryptocurrency exchange BitGrail has announced that bitcoins (BTC) stored in the firm’s wallets have been seized by Italian authorities, according to official announcement published June 15. The statement says that authorities removed the funds from the exchange’s wallets following a court order by the Tribunal of Florence on June 5, but…

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UK Company Launches Crypto Mining Electric Bicycle

UK Company Launches Crypto Mining Electric Bicycle 50cycles, a specialist electric bicycle manufacturer, has revealed what it has described as the world’s first range of cryptocurrency mining e-bikes. Toba, the new series of crypto mining bikes, are estimated to generate approximately £20 (approximately $26.5 USD) worth of ‘Loyalcoin’ per 1,000 miles ridden. UK Company Reveals…

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Bitcoin Is Now Accepted at a 550-Year-Old Istanbul Market

Bitcoin Is Now Accepted at a 550-Year-Old Istanbul Market Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular…

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CBOE President: SEC Decision That Ethereum Is Not a Security Paves Way for ETH Futures

CBOE President: SEC Decision That Ethereum Is Not a Security Paves Way for ETH Futures CBOE Global Markets president Chris Concannon said that Ethereum (ETH) futures, which the company has been “considering” since December 2017, could soon be offered, Bloomberg reported Thursday, June 14. Concannon’s comment follows the news that a senior U.S. Securities and Exchange Commission…

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Ethereum Classic (ETC) Technical Analysis (June 16, 2018)

Ethereum Classic (ETC) Technical Analysis (June 16, 2018) There is excitement in the ETC world and it’s palpable if we go with statistics. Shortly after the news, ETC gained 22 percent pushing its market cap to $1.44 billion. However, contrary to expectations, ETC prices have been moving within a tight trade range with limits at $16. Should…

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