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Archive for July 2018

Ripple Partners With Madonna to Fundraise for Orphans in Malawi – CoinDesk

Cryptocurrency payments startup Ripple is partnering with Madonna to raise funds for orphans in the African nation of Malawi. The legendary pop icon announced the fundraiser Monday as a way to celebrate her 60th birthday, saying all donations would go to Raising Malawi, a non-profit organization she co-founded with American screenwriter Michael Berg in 2006, to support its…

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Korean Officials Probe Shipwreck ICO for Possible Fraud – CoinDesk

Korean police are investigating a cryptocurrency startup claiming to be selling treasure from a sunken ship, the Korea Joongang Daily reported Tuesday. Authorities are reportedly looking into Shinil Group, which claims to have found a Russian shipwreck from the early 1900s, for possible fraud charges. The company launched its own cryptocurrency, which investors bought with…

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Ripple Taps Bill Clinton to Give Keynote at Upcoming Conference – CoinDesk

Former U.S. President Bill Clinton will headline Ripple’s Swell conference later this year, the cryptocurrency payments startup announced Tuesday. The 42nd President of the United States will both give a keynote address and participate in a question-and-answer session, Ripple said in a press release. The conference will take place in San Francisco over the first…

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Binance Acquires Anonymous Mobile Wallet for Ethereum Tokens – CoinDesk

Cryptocurrency exchange Binance has acquired mobile ethereum wallet Trust Wallet, the startups announced Tuesday. The acquisition will enable Binance to add a mobile wallet to its services, while Trust Wallet will be able to tap into advantages offered by the exchange, including both its existing user base and a proposed decentralized exchange, according to a press…

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Steam Yanks Game From Marketplace Over Crypto Mining Allegations – CoinDesk

Video game marketplace Steam removed an alleged crypto miner from its platform Monday amid user complaints, Motherboard reported. Steam’s parent company, Valve, booted Abstracticism from Steam for hijacking gamers’ processing power to mine cryptocurrencies. The company further banned publisher dead.team and developer Okalo Union from the platform going forward. The game also reportedly tried to…

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Bitcoin Price Hits One-Week Low In Drop Below $8K – CoinDesk

The price of bitcoin fell below $8,000 for the fourth time in seven days as the cryptocurrency’s value sank to its lowest level since July 24th. As of press time, the world’s largest cryptocurrency by market capitalization is averaging $7,764.44, according to CoinDesk’s Bitcoin Price Index (BPI). That figure represents a roughly 4.9 percent decline since…

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China's Government Censorship Agency Is Hiring a Crypto Expert – CoinDesk

The state-level Chinese government agency responsible for censoring media output in the country may soon have a cryptographer on the payroll – and with expertise in blockchain technology. The research center of the State Administration of Press – which is directly administrated by the State Council – is looking for a cryptographer who “keeps abreast…

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Thomson Reuters Adding 50 Crypto Assets to Finance Data Feed – CoinDesk

Canada-based information and news provider Thomson Reuters is to track a number of crypto assets on one of its desktop finance feeds, thanks to a newly inked partnership with market data aggregator CryptoCompare. Under the deal, CryptoCompare will collate order book and trading data for 50 crypto tokens sourced from “trusted” exchanges to be provided to…

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