CMO of Fin Foundation: “We plan to implement token payment on gas stations around Europe, Russia and South Korea”
Fin Foundation is a newly created company with South Korean roots, headquartered in Burgas, Bulgaria.
Two agents of the Russian Federal Security Service were charged with extortion of 65 million rubles in bitcoins. According to the investigation, they promised not to tighten proceedings against the ex-director of the state publishing house "Izvestia".
The French retail giant hopes to transfer the process of tracking deliveries of 20% of its products to the blockchain by the end of 2019. Carrefour teamed up with Swiss food maker Nestle and IT developer IBM.
New study by Juniper Research predicts a multiple increase in the number of international transactions performed via blockchain. By 2023, 1.3 billion cross-border operations will be recorded in the blockchain.
Binance and ShapeShift cryptocurrency exchanges announced that they would delist the controversial Bitcoin SV, supported by Craig "False Satoshi" Wright. Other crypto services are likely to follow them and stop supporting Bitcoin SV.
Binance, one of the largest cryptocurrency exchanges in the world, announced that it would Bitcoin SV, which appeared as a result of a hard fork in the Bitcoin Cash network last year. BSV will be delisted on 22 April at 10:00 AM UTC.
“Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following coin on 2019/04/22 at 10:00 AM UTC,” Binance wrote.
Binance explained that it periodically re-evaluates every digital asset traded on the exchange in order to ensure that it meets Binance's high standards and requirements for listed cryptocurrencies. Such standards include the team’s commitment to the project, the level and quality of the project development, network and smart contract stability, level of public communication, responsiveness to our periodic due diligence requests, evidence of unethical or fraudulent conduct, contribution to a healthy and sustainable crypto ecosystem. Binance did not specify what requirements Bitcoin SV does not meet.
The withdrawal of funds in Bitcoin SV will be available to users until 22 July 2019.
Following Binance, ShapeShift announced it supported the decision made by Binance.
“We stand with Binance and CZ's sentiments. We’ve decided to delist Bitcoin SV from ShapeShift within 48 hrs,” ShapeShift CEO Eric Voorhees tweeted.
Cryptocurrency wallet bitcoin.com also reported that it decided to stop supporting Bitcoin SV.
A few more exchanges may join Binance, Blockchain.com and ShapeShift soon. Kraken launched a survey in Twitter asking its subscribers to vote on the issue. According to preliminary results of the survey, attended by more than 20,000 accounts, 75% of users support the decision to delist Bitcoin SV.
Meanwhile, OKEx announced that it does not plan to remove BSV from its listing.
“According to the OKEx Token Delisting and Hiding Guideline, BSV currently does not meet our delisting criteria. As such, OKEx has no intention to delist BSV for the time being."
Most altcoins are absolutely illiquid, and some are practically dead at all, according to a former principal software engineer at Microsoft.
To the general public, blockchain networks like Ethereum sometime seem like a magical alternative to traditional payment systems: phrases like “free transactions” and “instant payments” are common.
The South Korean trading platform Upbit announced financial results for the year 2018. Upbit managed to become the only one among top South Korean crypto exchanges who made a profit in 2018.
While Facebook founder Mark Zuckerberg is only thinking how to attract funding to his crypto project, Telegram creator Pavel Durov has already launched closed testing of the TON blockchain platform. It is accessed by several programming teams.
The mistakes of the past have already become history. New rules of work are being created, they are being actively discussed. Previously used initial coin offering (ICO). There is a gradual transition to IEO.
The share of altcoins overtops that of bitcoin in portfolios of almost half of traders and investors. However, most experienced investors strongly recommend focusing on the first cryptocurrency, predicting death of the majority of altcoins.
The largest world social network is looking for venture investors who are willing to finance its project of stablecoin pegged to fiat currencies. Facebook allegedly needs $1 billion of VC funding.
Cryptocurrency exchanges are hurting themselves, forging statistics on trading volume, believes the founder of Binance. He commented on the fall of Binance to the 8th line in the ranking of cryptocurrency exchanges by trading volume.
The Chicago Mercantile Exchange announced it recorded new all-time high volume of bitcoin futures trading. Bitcoin enthusiast Tom Lee goes further and predicts fast growth of the first cryptocurrency to $14,000 this year.
Dogecoin jumped 58% within three days after Tesla founder Elon Musk called it his favorite cryptocurrency, while he named himself Dogecoin CEO in his Twitter profile description.
About 61% of large global companies invest in blockchain solutions, the survey reveals. Blockchain surrender to the artificial intelligence and Internet of things, but bypassed augmented reality by popularity among top managers.