Zcash (ZEC) Joins Circle Invest Family

The Circle platform is going to be making some major waves in the crypto space over the next 3 weeks. It all started on Monday, April 30, when Circle disclosed that it is adding Zcash (ZEC) to its list of offerings for its investment app, dubbed the Circle Invest platform.  Circle Adds Zcash to Circle Invest On Monday, Circle announced in a blog post that it will be adding Zcash (ZEC), a cryptocurrency that is focused primarily on privacy, to its investment app. The Circle Invest app was expanded last…

Warren Buffett’s Criticizes Crypto | Market’s Still Green Despite Comments

Cryptocurrency markets are still favoring the bulls stance despite Warren Buffett’s lack of confidence and criticism on the ever-emerging digital currency market. Bitcoin price (BTC) rose to the $9500 level on Sunday. Several altcoins are also reaching new highs this year. Indeed, EOS – the fifth largest coin, has attained its all-time high on Sunday trading. The cryptocurrency markets are making small sideways movements after posting modest losses in early Monday trading. TRON (TRON) is among the most significant gainers while Bitcoin, Ethereum (ETH) and Ripple (XRP) are trading in…

US Federal Trade Commission To Offer Free Workshop On Crypto Scams

The US Federal Trade Commission (FTC) will be holding a free workshop this summer titled “Decrypting Cryptocurrency Scams” according to a press release published today, April 30. The workshop’s main aim is to educate the public about risks in the crypto sphere. The event will include consumer groups, law enforcement, research organizations, and the private sector to examine how scammers are taking advantage of public interest in digital currencies. The FTC’s press release notes that while interest in crypto has increased this year, so have scams. The regulatory agency cites…

Japan Finance Giant SBI Holdings To Launch Crypto Exchange In Summer 2018

Japan`s financial services giant SBI Holdings plans to launch its crypto exchange this summer, local media outlet Business Insider Japan reported April 27. According to a recent announcement by company president Yoshitaka Kitao, the exchange SBI Virtual Currencies will support coins such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH). Yoshitaka suggested that BCH would be regarded as the settlement currency, as the scarcity of BTC makes it expensive and “tiring as a settlement currency”. He added that XRP would be a remittance currency. While the launch…

ICO Market Is Example Of Unregulated Securities Market, Says SEC Commissioner

US Securities and Exchange Commission (SEC) Commissioner Robert Jackson highlighted consumer protection regarding Initial Coin Offerings (ICO) in an interview on CNBC today, April 30. When asked about cryptocurrencies and ICOs, Jackson said that he hasn’t yet seen an ICO that wasn’t a security, echoing SEC chairman Jay Clayton’s comments earlier this year. Jackson added that the crypto space “has been full of troubling developments that we’ve seen at the SEC, and especially the ICO space,” adding: “Investors are having a hard time telling the difference between investments and fraud.”…

India To Get 30% Discount On Venezuelan Crude Oil If Paid For In Petro, Says Local Source

Venezuela will give India a 30 percent discount on crude oil, but only if India uses the state-issued Petro coin, according to an article published yesterday, April 29, from local Indian news outlet Business Standard. News about the discount comes from crypto exchange Coinsecure CEO Mohit Kalra, who told Business Standard that the offer had been put forward by a team from Venezuela’s blockchain department in India last month: “They are going to different countries and making offers. The offer that they have given to the Indian government is: you…

Tron Price Posts 15% Rally, But Is a Rumor to Blame?

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Tron price rallied by 15 percent on Monday, defying the sluggish performance of the overall cryptocurrency market. Tron Price Makes 15% Advance in Defiance of Sluggish Market The cryptocurrency market cap shed $4 billion on Monday, continuing a reversal that began on Sunday. Eight of the 10 largest cryptocurrencies fell against the US dollar, while another — Ethereum — rose just one-half-of-one percent for the day. Only Tron managed to extend its momentum into the…

Mastercard Seeks Patent For Fast Tracking Blockchain Navigation

Join our community of 10 000 traders on Hacked.com for just $39 per month. Mastercard International Inc. has applied for a patent for a system for fast tracking navigation of blockchains by means of data manipulation, according to a filing with the United States Patent and Trademark Office. The system is designed to facilitate quicker navigation and verification of blocks in a blockchain. This diagram demonstrates a system for fast track navigation and verification of blocks. David J. King of Guildford, United Kingdom, is listed as the inventor of the…

Model Of State-Issued Digital Currency Now Ready, Says Gov’t Minister

An Iranian government minister has confirmed that an experimental model of a domestic digital currency is now ready, Reuters reported Saturday, April 28. The move closely follows the country’s recent banking blockade on cryptocurrency trading. Information and Communications Technology (ICT) Minister Mohammad Javad Azari-Jahromi was quoted by state news agency IRNA as saying; “The central bank’s [ban] does not mean the prohibition or restriction of the use of the digital currency in domestic development […] Last week, at a joint meeting to review the progress of the [domestic cryptocurrency] project,…

UNICEF Australia Offers Users Option To Mine Crypto As Donation

UNICEF Australia announced yesterday, April 29, an initiative that allows users to give over their computer’s processing power to mine cryptocurrency as a donation to the charity. We’re excited to launch The Hopepage. This innovative website allows you to easily donate some of your computer processing power to generate #cryptocurrency and fund life-saving aid for children in crisis. #UNICEF #ForEveryChild https://t.co/rPXCnTcahy — UNICEF Australia (@unicefaustralia) April 29, 2018 Tony Andres Tang, the digital brand and content manager of UNICEF Australia, told news outlet ITnews that they “are transparent in the…