Industry Watch 19 February, 2018 – 08:38

Nami | Daily Crypto News 19.02.2018

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13 September, 2016 – Shanghai, China — Story on Crypto-currency. Vitalik Buterin created his own digital currency called Etherium. – PHOTO: Vitalik Buterin.– Photographer: Julie Glassberg for Fortune.

Fortune: Ethereum Founder Vitalik Buterin Warns That Cryptocurrencies Could Drop to ‘Near-Zero’

“Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time,” Vitalik Buterin tweeted this weekend. “Don’t put in more money than you can afford to lose. If you’re trying to figure out where to store your life savings, traditional assets are still your safest bet.”


Coin Speaker: ‘Biggest ICO Ever’: Telegram Raises $850M for Its TON Blockchain Development

In the pre-sale round including venture investors, Telegram managed to raise a whopping $850 million, over its initial target of $600 million.

Fortune: Someone Just Bought $400 Million Worth of Bitcoin

An anonymous trader has sunk $400 million into the cryptocurrency, raising his or her stake from 55,000 coins to more than 96,000 between Feb. 9 and Feb. 12.


Coin Telegraph: Lenovo Explores Blockchain For Document Validation With US Patent

A Chinese multinational PC company, Lenovo, filed a patent application with the US for a Blockchain-based validation system for proving the integrity of physical documents.

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Coin Telegraph: South Korea’s Cryptocurrency Exchanges Made ‘$648 mln’ Taxable Revenue For 2017

South Korean cryptocurrency exchanges will hand over tax on almost $650 mln in revenues by the end of April.

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Coindesk: Banks Buy Stakes in Blockchain Startup SETL

Citi joined Credit Agricole, Computershare, S2iEM and Deloitte as shareholders in the blockchain-based payment and settlements startup SETL.


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