Industry Watch 28 February, 2018 – 08:55

Nami | Daily Crypto News 28.02.2018

Copied to clipboard
Copied to clipboard

Fortune: Someone Stole 7 Bitcoins from Apple Co-Founder Steve Wozniak

If it can happen to Woz, it can happen to any of us. Apple co-founder Steve Wozniak said someone stole seven bitcoins from him would now be worth over $70,000.  

litecoin cash.jpg

Forbes: The Creator Of Litecoin Sends A Warning About Litecoin Cash

A fork in the Litecoin Blockchain has created confusion and a new cryptocurrency. Why is Litecoin’s creator sending a warning that Litecoin Cash is a scam?

smartphone wallet built-in.png

CNBC: There’s a $799 hack-proof smartphone designed to keep your cryptocurrencies safe

Cybersecurity firm Sikur launched the $799 SIKURPhone at Mobile World Congress in Barcelona, Spain. It has an in-built cryptocurrency wallet designed to keep digital coins like bitcoin safe. The company claims it tested the device with hackers who were unable to penetrate the device.

china.jpg

Bloomberg: China to Crack Down on Cryptocurrency Trading Loophole

China is opening a new front in its battle against cryptocurrencies, targeting platforms that allow the nation’s investors to trade digital assets on overseas exchanges, people familiar with the matter said.

berkeley.jpg

Forbes: City Of Berkeley Plans To Launch An ICO And Cryptocurrency To Fund Affordable Housing

The city of Berkley plans to launch an “ICO” in May that will help fund affordable housing to support the city’s homeless population. Berkley’s ICO stands for “Initial Community Offering” and will raise funds through municipal backed microbonds.

japan giant rakuten.jpg

Coin Telegraph: Japanese E-Commerce Giant Rakuten To Launch Its Own Cryptocurrency

Japan’s largest online retailer Rakuten is planning to launch its own cryptocurrency based on Blockchain technology and existing loyalty program.

Bank-Negara-2_20180227163436_bnm.gov_.my_.jpg

The Edge Market: Bank Negara cautions public on risks associated with digital currencies

Stressing that digital currencies are not legal tender in Malaysia, Bank Negara Malaysia (BNM) today advised the public to carefully evaluate the risks associated with dealings in such currencies.

silvergate.jpg

Coin Telegraph: Crypto VC Firm Digital Currency Group Invests $114 Mln In Pro-Crypto Silvergate Bank

Cryptocurrency venture capital firm, the Digital Currency Group, has tweeted an announcement of their investment in the crypto-friendly Silvergate Bank.

___

Disclaimer. This article/email is for informational purposes and should not be considered investment advice. Statements and financial information on Nami web/email and Nami related sites do not necessarily reflect the opinion of Nami and should not be construed as an endorsement or recommendation to buy, sell or hold.

While we aim at providing you all important information that we could obtain that may include certain information taken from exchanges and other sources from around the world, readers should do their own research before taking any actions and carry full responsibility for their decisions.Trading and investing in digital assets like cryptocurrencies is highly speculative and comes with many risks. Past performance is not necessarily indicative of future results.

Nami may provide links to third-party websites, including social networking websites. Since we do not control third-party sites and are not responsible for any information you may provide while on such sites, we encourage you to read the privacy policies on those websites before providing any of your information on such sites.