The creator of Dogecoin, Jackson Palmer expressed concern about the arrival of institutional investors in the cryptocurrency industry. In his opinion, such a development of events could turn a decentralized ecosystem into "Wall Street 2.0".
"This is why I never understand people getting excited about ETFs, Bakkt, etc. Goodbye to decentralized peer-to-peer cash. Hello to Wall Street 2.0." Palmer tweets.
The loud statements of the President of Venezuela about the upcoming triumph of El Petro cryptocurrency and the possibilities to destroy the US sanctions pressure with its help have not yet received practical confirmation.
Against this background, a number of questions arise: is there a future for the coin, will it be presented in the listing of stock exchanges and can Maduro be able to put the country "on its feet" with the help of Petro.
Fake mining apps for XRP, Cardano (ADA) and Tether cryptocurrency found on Google Play. However, in reality, these applications only pretend that they are mining virtual coins, because from a technical point of view, mining of these tokens is impossible.
Fortinet employees noticed that applications are being promoted on Google Play as a means of mining XRP, Cardano (ADA) and Tether crypto-assets, but in fact, they are used only for displaying advertisements.
The CEO of the upcoming cryptocurrency platform Bakkt, which is being developed by the operator of the New York Stock Exchange ICE, together with Microsoft and Starbucks, said it intends to carry out a "revolution" in the industry, similar to the one that happened with energy resources fifteen years ago.
On Monday, during a conversation with the publication of Fortune, Kelly Loeffler announced the appointment to the position of executive director of Bakkt former vice president of Coinbase Exchange Adam White. She also spoke about the possibility of a repetition of the situation in the past decade.
Blockchain has enormous potential that the World Bank must use if it intends to keep up with innovative technologies. This opinion was expressed by World Bank President Jim Yong Kim, speaking at the annual meeting of the International Monetary Fund (IMF) and world banks.
Kim drew attention to the feasibility of using the blockchain to combat corruption and poverty, as well as to improve wealth in general.
On October 8, the blockchain-company and the mining pool ViaBTC completed the initial placement of tokens (ICO) using the Wormhole protocol and the Bitcoin Cash network. According to exchange data, ICO ViaBTC Token attracted $ 3,700 per second, collecting a total of $ 30 million in just over 2 hours.
ViaBTC recently released a new token called Viabtc Token (VIAT) using the Wormhole protocol. The company calls VIAT an ancillary service that enhances the value of the core service with its availability and a bonus token that can be used as a "gas" or cost transfer method. When VIAT was released on the Wormhole network, the developers set a fixed number of coins to be issued at the level of 2 billion tokens.
Popular cryptocurrency analyst and host of the television show Cryptotrader on the American channel CNBC Ran Neuner is sure that the price of Bitcoin is "about to explode." On October 7, he wrote in his Twitter account: "I just bought Bitcoin for my parents. It's too obvious that it's about to explode... "
The ratio of Neuner to the price of Bitcoin has almost always been optimistic. In a recent interview with the hedge fund owner Michael Arrington expert said that by the end of the year Bitcoin will reach $ 25,000.
Ripple co-founder Chris Larsen entered the Forbes 400 list this year. He was the 383rd among the richest people in the world in the opinion of the publication, and became the first who entered the list due to the state earned exclusively on cryptocurrencies.
Last week, Forbes released the new Forbes 400 list. Larsen's fortune is estimated at $ 2.1 billion, placing him at 383rd place. The leader of the ranking was Jeff Bezos, who earned $ 78.5 billion over the last year, who dismissed Bill Gates, who occupied the first place in the list for 24 years, from this position. In addition to Larsen, Drew Houston, CEO of Dropbox, made his debut in the rankings.
The American hedge fund Tiger Global, most of whose investments are related to consumer brands, plans to invest $ 500 million in the Coinbase cryptocurrency exchange.
If the negotiations are successful, the company's market value will approach $ 8 billion, which will make Coinbase one of the highest-rated startups in the United States, as well as strengthen the legitimacy of the entire cryptocurrency market. There is also information that Tiger Global plans to buy out some of the shares of Coinbase shareholders, but no specific figures have been announced yet.
The well-known Chinese OTC trader and cryptocurrency billionaire Zhao Dong believes that the next 15 months is the ideal time to acquire a cryptocurrency. According to Dong, you need to select a "quality undervalued project", buy its tokens and do not sell them for a long time.
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