#CryptoCorner:
#Bithumb
to Resume Account Registrations, China #Crypto Crackdown Spreads to Guangzhou, #Square
(NYSE: $SQ) Patent Approved and North Korea Tried Crypto Mining
#Bithumb
to Resume Account Registrations, China #Crypto Crackdown Spreads to Guangzhou, #Square
(NYSE: $SQ) Patent Approved and North Korea Tried Crypto Mining
August 29th #CryptoCorner and Podcast sponsored by Crypto
payment tech, #Flip @FlipToPay ($NXTD)
and #AI, #IoT, #Blockchain, #Crypto Technology Company Gopher Protocol (OTCQB: $GOPH) and Genesis
Exchange and Wallet App
payment tech, #Flip @FlipToPay ($NXTD)
and #AI, #IoT, #Blockchain, #Crypto Technology Company Gopher Protocol (OTCQB: $GOPH) and Genesis
Exchange and Wallet App
Point Roberts, WA, Delta BC August 29, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner, now available in podcast.
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner, now available in podcast.
Listen to today’s Crypto Corner Podcast:
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/08291Bithumb-China-NYSESQ-NorthKorea.asp
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Bithumb to Resume Account Registrations, China Crypto Crackdown Spreads
to Guangzhou, Square Patent Approved and North Korea Tried Crypto Mining
to Guangzhou, Square Patent Approved and North Korea Tried Crypto Mining
The crypto market has held strong and maintained
market capitalization above $7000 over the past day. At press time the total
market cap is $231 billion USD, according to data from CoinMarketCap. Bitcoin (BTC) is trading at $7090 USD but at
various points in the last 24 hours has broken past $7100 USD. All of the the
top ten cryptocurrencies are in the green.
market capitalization above $7000 over the past day. At press time the total
market cap is $231 billion USD, according to data from CoinMarketCap. Bitcoin (BTC) is trading at $7090 USD but at
various points in the last 24 hours has broken past $7100 USD. All of the the
top ten cryptocurrencies are in the green.
South Korean crypto exchange Bithumb is reopening
account registrations after a month of suspension, according to local outlet Yonhap News. Bithumb, the fifth largest crypto exchange in the world, lost support
from Nonghyup Bank after being hacked in June. Both Nonghyup and Bithumb have
concluded a contract renewal, however.
account registrations after a month of suspension, according to local outlet Yonhap News. Bithumb, the fifth largest crypto exchange in the world, lost support
from Nonghyup Bank after being hacked in June. Both Nonghyup and Bithumb have
concluded a contract renewal, however.
Over in China, the government is continuing its
recent crackdown on crypto activity by extending prohibition to Guangzhou. The South China Morning Post reports that the Guangzhou Development District
has issued a notice to ban promotional events dealing with cryptocurrencies.
The issue cites “maintaining the security and stability of the financial
system”. This follows a similar ban in Beijing’s Chaoyang District on August
17.
recent crackdown on crypto activity by extending prohibition to Guangzhou. The South China Morning Post reports that the Guangzhou Development District
has issued a notice to ban promotional events dealing with cryptocurrencies.
The issue cites “maintaining the security and stability of the financial
system”. This follows a similar ban in Beijing’s Chaoyang District on August
17.
CCN reports
that digital payments company Square (NYSE: SQ) has won a patent, first submitted in September 2017, for a payment
network that enables users to pay using any currency, including crypto. The
following is an excerpt from the patent:
that digital payments company Square (NYSE: SQ) has won a patent, first submitted in September 2017, for a payment
network that enables users to pay using any currency, including crypto. The
following is an excerpt from the patent:
“The
disclosed technology addresses the need in the art for a payment service capable
of accepting a greater diversity of currencies…including virtual currencies
including cryptocurrencies (bitcoin, ether, etc.)…than a traditional payment
system in a transaction between a customer and a merchant, and specifically for
a payment service to solve or ameliorate problems germane to transactions with
such currencies. Specifically, the payment service described herein can
facilitate real-time (or substantially real-time) transactions, allowing a
customer to pay in any currency of their choice, while the merchant can receive
payment in a currency of their choice.”
disclosed technology addresses the need in the art for a payment service capable
of accepting a greater diversity of currencies…including virtual currencies
including cryptocurrencies (bitcoin, ether, etc.)…than a traditional payment
system in a transaction between a customer and a merchant, and specifically for
a payment service to solve or ameliorate problems germane to transactions with
such currencies. Specifically, the payment service described herein can
facilitate real-time (or substantially real-time) transactions, allowing a
customer to pay in any currency of their choice, while the merchant can receive
payment in a currency of their choice.”
Yonhap
News reports
that North Korea seems to have tried small scale crypto mining. South Korea’s
Korea Development Bank (KDB), who compiled the research, also found that a
North Korean tech company called Chosun Expo is developing and selling a
market-exchange platform for bitcoin. This follows news that North
Korea plans to host a blockchain conference in October.
News reports
that North Korea seems to have tried small scale crypto mining. South Korea’s
Korea Development Bank (KDB), who compiled the research, also found that a
North Korean tech company called Chosun Expo is developing and selling a
market-exchange platform for bitcoin. This follows news that North
Korea plans to host a blockchain conference in October.
Sam Mowers, Investorideas
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of
cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD).
By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders
to seamlessly exchange their cryptocurrency for US dollars and store that value
on a contactless payment device that can be used to make purchases at millions
of retail locations. https://www.fliptopay.com/
cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD).
By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders
to seamlessly exchange their cryptocurrency for US dollars and store that value
on a contactless payment device that can be used to make purchases at millions
of retail locations. https://www.fliptopay.com/
Gopher Protocol Inc. (OTCQB: GOPH) is a development-stage company
which consider itself a Native IoT creator, developing Internet of Things
(IoT) and Artificial Intelligence enabled mobile technology. Gopher’s exclusive
licensor filed a non-provisional patent covering a proprietary GRC Blockchain-Based
Radio Generated Digital Currency on June 19, 2018 . Additionally Gopher’s
Avant! AI technology has been designed to supervise the Blockchain
System to keep records of all data exchanges. The AI system will be embedded as
an integral part of Gopher’s digital coin Blockchain system.
which consider itself a Native IoT creator, developing Internet of Things
(IoT) and Artificial Intelligence enabled mobile technology. Gopher’s exclusive
licensor filed a non-provisional patent covering a proprietary GRC Blockchain-Based
Radio Generated Digital Currency on June 19, 2018 . Additionally Gopher’s
Avant! AI technology has been designed to supervise the Blockchain
System to keep records of all data exchanges. The AI system will be embedded as
an integral part of Gopher’s digital coin Blockchain system.
GBT is a powerful cryptocurrency
centralized / decentralized exchange which will include a broad range of
services and benefits from cryptocurrency and blockchain markets development,
while avoiding complications and risks arising from crytocurrency ownership,
transfer, and exchange.
centralized / decentralized exchange which will include a broad range of
services and benefits from cryptocurrency and blockchain markets development,
while avoiding complications and risks arising from crytocurrency ownership,
transfer, and exchange.
The powerful GBTDesk aggregator ensuring exchange of
cryptocurrencies for fiat currencies under smart contracts without
intermediaries is a key element of GBT.
cryptocurrencies for fiat currencies under smart contracts without
intermediaries is a key element of GBT.
Download
the Genesis Exchange and Wallet App at Google Play
the Genesis Exchange and Wallet App at Google Play
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featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and Gopher Protocol Inc. (OTCQB: GOPH) and its
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