Bitcoin in Brief: Crypto Payments via SMS, Coin Tips for Tweets and Posts

Financial software developer Intuit has been awarded a patent for processing BTC payments via SMS and we’ve covered the details in today’s edition of Bitcoin in Brief. Also in The Daily, Brave browser plans to enable BAT tips for tweets and Reddit posts, cryptocurrency is projected to constitute 5 percent of the portfolios of US […]

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Japan Unveils Results of On-Site Inspections of 23 Crypto Exchanges

The Japanese financial regulator has finished the on-site inspections of 23 cryptocurrency exchanges. The agency found many problems and has released a report outlining them. The regulator will use the findings to tighten its review procedures of new crypto exchange applicants, including over 100 companies that have been waiting to be reviewed. Also read: Yahoo! Japan […]

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Analysts: Despite Crypto Mining Decline, Nvidia Will See Increased Revenue This Quarter

Analysts suggest that Nvidia will see significant growth in its gaming and servers sales, which will overcome deficiencies from a decline in crypto mining. Analysts polled by FactSet suggest that Nvidia will see increased revenue this quarter despite “waning” cryptocurrency mining, Marketwatch reported August 10. The purported increase is due to strong demand for gaming […]

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Report: Facebook Denies Partnership With Stellar

Facebook has reportedly denied its partnership with the crypto firm Stellar following a report on their negotiations for building a Facebook variant of a Stellar blockchain. Facebook has reportedly denied entering into talks with cryptocurrency firm Stellar (XLM), Cheddar reported August 10. Earlier today, Business insider reported that Facebook and Stellar had been considering a […]

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Singapore VC Unveils New Blockchain, Cryptocurrency Fund

LuneX Ventures, a partnership between Singapore-based venture capital (VC) firm Golden Gate Ventures and its former head of growth Kenrick Drijkoningen, is looking to invest US$10 million into five to ten blockchain and cryptocurrency startups by the end of the year, the company said on Friday. LuneX Ventures claims to be Southeast Asia’s first dedicated […]

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Iran Steps Up Plan for National Crypto After US Sanctions

Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could help circumvent the restrictions imposed by the Trump administration. Also read: New Bill Proposes 5% […]

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UK: $2.5 Million Losses in Crypto-Related Scams Reported This Summer

British police have warned the public about crypto-related scams, revealing $2.5 million worth of losses this summer. British police have warned the public about fraudulent investment schemes involving cryptocurrencies, the volume of which has led to 2 million pounds ($2.55 million) worth of losses this summer, according to an announcement published August 10. In the […]

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