Monetary Authority of Singapore issues consultation on Payments bill

November 27, 2017

The country’s central bank and monetary authority of Singapore is moving forward to bring many regulations that will deal with retail payment services. This single legislation will also include bitcoin and cryptocurrency exchanges. With an announcement on Tuesday, the Monetary Authority of Singapore launched the second revision on its payments service bill, a regulatory network designed for payments that will propose to streamline the regulation of all payment services available…

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Dash Prices surge to reach an all time high of $600

November 23, 2017

Dash has been setting new records in the past 10 days. It has extended its rally of a growing trend with a 20% surge yesterday. This surge has resulted in the price of Dash Coin to reach at $584 which represents a total of 70 percent increase from November 12 when its price was $346. The half of Dash’s trading volume was concentrated in one single region that is South…

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SmartOne: First decentralized legal community

November 20, 2017

We have seen a variety of decentralized platforms that are disrupting the internet like freelance portals, betting companies, lottery companies. New companies have been announcing ICO of all different types. So far, we haven’t seen anything in the legal space. This is about to change as a startup attempts to bring smart contracts for you for legal solutions. SmartOne, a new blockchain based marketplace is built for legal solutions and…

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Ripple jumps up with a double digit number

November 19, 2017

The price of Ripple posted about a double digit increase in the trading price on Thursday following the announcement of the new partnership with the credit card giant American Express to process cross-border payments. As reported by HiTechFacts, American Express and Santander has partnered with Ripple, the infamous cryptocurrency with a stable price that is under $1. To create a blockchain payments channel between UK and US. Customers of these…

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Is Bitcoin becoming harder to spend?

November 6, 2017

Bitcoin is setting new records for its all-time high rates, but the digital currency is getting harder to spend according to a Canadian reporter Don Pittis. History was made when in 2010, Laszlo Hanyez made history as he become the first man to purchase two Dominos Pizza for 10,000 bitcoins. At that time the value of coins were worth very little so transactions seemed easier. Now, though one bitcoin is…

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Munchee: The World’s First Decentralized Food Application

November 3, 2017

Munchee is a block-chain based social network application for food reviews. It has the potential to produce more credible food reviews than existing applications that are already available. Reviews in traditional applications can be manipulated. The Munchee application will be used as a marketing tool by the leading restaurants to gain favorable and credible reviews. This app will use the block-chain technology to authenticate reviews. Munchee guarantees that reviews are…

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Bitcoin is a better investment than Gold – Apple’s Co-Founder

November 3, 2017

Apple’s co-founder Steve Wozniak believes that bitcoin is a better investment than the old hot “Gold” and the famous US dollar. The Bitcoin Magazine reported, Wozniak made this claim at the Money 20/20 conference in Las Vegas. He explain that although Bitcoin is known for its price volatility it is still better than government backed currencies as it has fixed supply while fiat currencies can be easily diluted by increasing…

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Cars being sold with Crypto-Currency

October 30, 2017

A car dealer in Malaysia held a sales event for luxury cars in Bukit Jalil, Kuala Lumpur Malaysia on 6th of October. He successfully sold 8 luxury cars: 1 Mini Cooper S, 2 Toyota Vellfire MPV, 1 Audi Q7, 1 Porsche 911, 1 BMW 5 Series and 2 Mercedes CLS 350. All these cars were sold on a cryptocurrency named MSD which was price at $0.10 per coin during the…

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MinexCoin: A coin with low volatility

October 30, 2017

Crypto-currencies have always been under the speculation of high volatility. MinexCoin is an ambition project initiated by MinexSystem which attempts to solve the problem of volatility. It will start trading on November 1st. It offers an innovative solution that uses both the blockchain technology and the traditional finance system to deal with the problem of high volatility. Experienced trades bank with high profits speculating large rises and falls in coins,…

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Australia publishes draft laws for relaxed fintech and cryptocurrency regulations

October 29, 2017

The government of Australia has published laws that will enhance the rules and regulations on FinTech startups by letting them operate without a full license. This allows crypto-currency transactions within the country without any hassle. The government released new drafts of the framework for the new regularities. It will relax the requirements of license for new and innovative FinTech start-ups in the country. Each company had meet all licensing requirements…

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