China’s Central Bank Demonizes Cryptos and STOs at Recent Summit in Beijing

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China’s Central Bank Demonizes Cryptos and STOs at Recent Summit in Beijing

China has banned all Security Token Offerings and all activities linked to them. The government wants to regulate the new tokens before legalizing them to eliminate cases of fraud.

China’s Central Bank Demonizes Cryptos and STOs at Recent Summit in Beijing

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Source: CoinSpeaker

Abu Dhabi Oil Giant Joins IBM to Apply Blockchain for Value Chain Management

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Abu Dhabi Oil Giant Joins IBM to Apply Blockchain for Value Chain Management

IBM joins hands with a state-owned Abu Dhabi Oil Giant, ADNOC. They aspire to implement blockchain for value chain management to boost operational efficiency while cutting on costs.

Abu Dhabi Oil Giant Joins IBM to Apply Blockchain for Value Chain Management

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Source: CoinSpeaker

Mastercard Develops a New Way of Keeping Crypto Transactions Private

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Mastercard Develops a New Way of Keeping Crypto Transactions Private

MasterCard has filed a patent application in an attempt to implement a new strategy of maintaining the anonymity of crypto transactions. The company seeks to attract users who prefer transactions anonymity.

Mastercard Develops a New Way of Keeping Crypto Transactions Private

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Source: CoinSpeaker

Morgan Creek Bets $1M that Cryptos will Outperform the S&P 500

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Morgan Creek Bets $1M that Cryptos will Outperform the S&P 500

Morgan Creek has pulled out Buffet’s wagering trick and placed a $1 million bet alleging that cryptos will outperform the S&P 500. Despite the recent plunges, they have faith in the digital currencies.

Morgan Creek Bets $1M that Cryptos will Outperform the S&P 500

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Source: CoinSpeaker

Coinbase Seeks to Own ‘BUIDL’ Trademark, ‘HODL’ is Vacant so Far

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Coinbase Seeks to Own ‘BUIDL’ Trademark, ‘HODL’ is Vacant so Far

Coinbase has applied to own the ‘BUIDL’ trademark. They aim at encouraging investors to build products as opposed to just holding digital assets in times of high volatility.

Coinbase Seeks to Own ‘BUIDL’ Trademark, ‘HODL’ is Vacant so Far

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Source: CoinSpeaker

Bitcoin’s Biggest Congress Enthusiast Introduces a Pro-ICO and Crypto Legislation

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Bitcoin’s Biggest Congress Enthusiast Introduces a Pro-ICO and Crypto Legislation

Warren Davidson, the biggest bitcoin enthusiast in Congress is set to introduce a new pro-ICO and crypto legislation. He believes that cryptocurrencies can thrive in a Federal-regulated environment.

Bitcoin’s Biggest Congress Enthusiast Introduces a Pro-ICO and Crypto Legislation

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Source: CoinSpeaker

Ethereum Classic Development Team Freezes in the Crypto Winter

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Ethereum Classic Development Team Freezes in the Crypto Winter

Ethereum Classic Development Team (ETCDEV) becomes the next victim to freeze in the Crypto winter. The CTO confirmed that dwindling resources resulted in the shutdown.

Ethereum Classic Development Team Freezes in the Crypto Winter

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Source: CoinSpeaker