Top 5 News For Today - 14 Mar 2018
Summary:
Binance will set up it’s own crypto exchange; Google ban on crypto and ICO ads results in etc price drop; Coinbase is the first exchange to obtain UK Bank Account; Brazil exchange lost 30 etc and goes on maintenance for 72 hours; Coinbase’s testimony for Subcommittee on Capital Market, Securities and Investments.
BONUS Thread of The Day
Playboy accepts crypto!
1. Binance Unveils Blockchain for New Crypto Exchange
Binance announced Tuesday that it is launching a public blockchain to facilitate the creation of a new decentralized exchange.
https://www.coindesk.com/binance-unveils-new-blockchain-support-decentralized-crypto-exchange/
2. Google Bans Crypto Advertisements
Bitcoin slumped to the lowest level in more than a month after Google said it will ban online advertisements promoting cryptocurrencies and initial coin offerings. Industry officials also said at a Congressional hearing that U.S. regulators need to provide greater clarity.
3. Coinbase is the First Crypto Exchange to Obtain a UK Bank Account
Coinbase is happy to announce that we have received an e-money license from the FCA. The license will allow Coinbase to issue e-money and provide payment services in the UK.
4. Brazil’s Largest Bitcoin Exchange Foxbit Down for 72 Hours, 30 BTC missing
Foxbit, Brazil’s largest cryptocurrency exchange, has been down for over 72 hours, reportedly because of a bug that allowed its users to withdraw their bitcoin balances twice. The problem saw the company lose a total of 30 Bitcoins, at press time worth roughly $270,000.
https://www.ccn.com/270000-brazils-largest-bitcoin-exchange-foxbit-72-hours-30-btc-missing/
5. Coinbase’s Written Testimony for the Subcommittee
A clear regulatory environment that fosters innovation while protecting investors is an important step in digital currency’s evolution as a technology. Regulatory clarity will encourage and accelerate entrepreneurial activity in digital currency, ultimately resulting in new products and services that benefit consumers and businesses.
BONUS Thread of The Day
Playboy TV to Accept Crypto Payments for Adult Content
https://www.coindesk.com/playboy-tv-to-accept-crypto-payments-for-exclusive-adult-content/
This is it for today.
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