Cryptocurrency

Several Bitcoin (BTC), cryptocurrency and blockchain advocates have been trying, without much success, to get regulatory authorization for funds so that cryptocurrency like bitcoin can be brought to potential investors. Two giant companies are now considering using a temporary fix.

Romania-based web hosting provider GeeksHosted has now added Bitcoin and 50 other altcoins as a payment method for their products, enabling for a vast range of payments in both regular currency and cryptocurrencies.

Filipino boxing champion The Honorable Manny Dapidran Pacquiao has finally launched the long awaited celebrity cryptocurrency, hence becoming the first popular professional boxer to own a private token and also the first to join the blockchain and Bitcoin ring. The boxer who at the same time a politician serving as a Member of the Philippine House of Representatives and a Chair of the Senate Public Works, rolled out his own token during the event that took place in the City of Manila where more than two thousand of his fans graced the function with their presence.

Dr. Scott Stornetta is the blockchain co-inventor quoted in the Bitcoin whitepaper written by Satoshi Nakamoto, who created the first cryptocurrency in 2009.

Following the recent Binance DEX listing, Paycent performs a huge 45 days $ 1,000,000 giveaway, PYN traders and holders have a chance to win $ 350,000 Bentley Bentayga, 1 KG gold bar, 5 Rolex Cosmograph Daytona, and 500 more tangible prizes.

The California based cryptocurrency exchange Coinbase might move all digital asset accounts belonging to European users to another reliable and accredited entity operating within the EU in the event of a no-deal Brexit.

Cryptocurrency market has been quite calm in August, with most digital currencies trading at certain price levels for most of the month. Only at the end of the month did we see Bitcoin and top altcoins  falling below their support points. However, some coins have managed to make a good profit this month. Let’s look through top 5 cryptocurrencies of August.

Cloud-based instant messaging and voice over IP service Telegram considers whether to roll out a cryptocurrency dubbed Gram with high determinations and a snug limit of two months. However, for this project to thrive, the company must fulfil what regulators need before October ends, a thing that looks challenging, The New York Times reports.

The Italian Companies and Exchange Commission (CONSOB), a government agency that regulates the securities market, has started a process that should lead to regulatory intervention for Initial Coin Offerings (ICO) and cryptocurrency exchanges. But the final decision on blockchain-related operations lies with the government and Parliament.