There is never a boring day in the world of cryptocurrency. The CEO of Bitcoin Inc mentioned on Twitter that he had been arrested in his home by the Department of Homeland Security. According to the information shared with us, this arrest is the direct result of a Bitcoin transaction dating back to November of 2016. For now, he has been released on a personal recognizance bond.
Read more & Source: https://themerkle.com/homeland-security-arrests-bitcoin-company-ceo-for-alleged-money-laundering/
One of the world’s largest hedge funds Elliott Management, founded by billionaire Paul Singer in 1977, dedicated three pages to describing its negative view of cryptocurrencies in a fourth-quarter letter to clients, calling cryptocurrencies “one of the most brilliant scams in history," Business Insider reported Feb. 20.
“This [cryptocurrency] is not just a bubble. It is not just a fraud. It is perhaps the outer limit, the ultimate expression, of the ability of humans to seize upon ether and hope to ride it to the stars...
But is it not glorious that when the equivalent of nothing attracts priests and parishioners who run up the price, the very willingness of the mob to buy it at higher and higher prices is seen as validation of the thing, rather than an indication of the limitless ignorance of swaths of the human race?”
Read more & Source: https://cointelegraph.com/news/crypto-investment-shows-limitless-ignorance-of-human-race-hedge-fund-tells-clients
The “first” guarantee system for Initial Coin Offering (ICO) investments is set to launch in Russia in 2018, local media outlet Izvestia reported Feb. 19.
The system, dubbed ICO-hub, is being developed by Globex Bank, which is a subsidiary of state-owned Vnesheconombank (VEB) bank, together with the Russian Association of Cryptocurrency and Blockchain (RACIB), and the CrowdHub platform.
Read more & Source: https://cointelegraph.com/news/russian-blockchain-association-to-launch-first-guarantee-system-for-ico-funding
SBI Cards & Payments Services Pvt. Ltd, the second largest issuer of credit cards in India, has warned customers of the risks associated with cryptocurrencies. Despite the warning, the company did not move to ban its customers from purchasing bitcoin and other virtual currencies using SBI issued credit cards.
Read more & Source: https://news.bitcoin.com/sbi-card-doesnt-ban-credit-card-crypto-purchases-despite-issuing-warning/
At least, that's according to ethereum creator Vitalik Buterin. One of the early thinkers to shape the crypto funding mechanism concept, he hasn't quite put the idea aside, last month proposing it could be combined with a decentralized autonomous organization (DAO) to best allow investors to have a say in how money raised gets handled.
Read more & Source: https://www.coindesk.com/vitalik-new-idea-icos-tested/
Telcoin is excited to join the @ADBInstitute 's workshop on the digital economy in Asia.
Development update every month on the 21st.
"Meet the best experts and enthusiasts who are changing the history right now at Blockchain & Bitcoin Conference Geneva"
Ripple Enthusiasts Will Meet in Mexico City on February 21.
Release the adaptation of "I made this" from Bitpay to use it in Pesetacoin blockchain.
