Seven Premier League clubs share eToro Bitcoin bonanza

Seven Premier League clubs share eToro Bitcoin bonanza

Seven Premier League clubs have agreed to partner with digital-currency exchange eToro for the 2018/19 season, thought to be the first sponsorship deal to be paid using Bitcoin for the top-flight football tournament. Tottenham Hotspur, Brighton & Hove Albion, Crystal Palace, Cardiff City, Leicester City Football Club, Newcastle United and Southampton have also signed up […]

Facebook plans to create its own cryptocurrency

Facebook plans to create its own cryptocurrency

Facebook is exploring the creation of its own cryptocurrency, a virtual token that would allow its billions of users around the world to make electronic payments, according to people familiar with Facebook’s plans. “They are very serious about it,” said one of the people, who asked not to be identified discussing unannounced plans. Facebook started […]

Twitter says it is implementing measures to prevent crypto scams

Twitter says it is implementing measures to prevent crypto scams

Twitter is attempting to halt alleged cryptocurrency-related scams spreading via its platform, joining fellow social media companies in striving to cut down on harmful content. Twitter is aware of cryptocurrency-related “manipulation,” and is implementing measures to “prevent these types of accounts from engaging with others in a deceptive manner,” a spokesman told Bloomberg, declining to […]

Chat app Line announces plan for cryptocurrency services, loans and insurance

Chat app Line announces plan for cryptocurrency services, loans and insurance

Line, the messaging app with around 200 million monthly users, is embracing bitcoin and other cryptocurrencies to fend off increased competition from Facebook and others. The Japanese company has announced the creation of a new financial services division which will spearhead a move into cryptocurrencies and other services including loans and insurance. Line already operates […]

Crypto20’s Autonomous Crypto Index Fund Passes $30 Million

Crypto20’s Autonomous Crypto Index Fund Passes $30 Million

CRYPTO20 is continuing to gain momentum as it hits $25 million for its Cryptocurrency Index Fund. Over 8,000 contributors are part of the fund which, unlike competitors, is a finished product with a range of investor tools. With just 48 hours left to run, the team behind CRYPTO20 is expecting to build even further and […]

China deems ICOs illegal, and it’s only the start of its digital currency clamp down

China deems ICOs illegal, and it’s only the start of its digital currency clamp down

China is reportedly clamping on the use of virtual currencies after banning the use of cryptocurrencies in fundraising schemes. Reports coming out of the country suggest that so-called initial coin offerings (ICO) have been deemed illegal by regulators within the People’s Bank of China. These sanctions may just be the start of the East Asian […]