Industry Watch 14 April, 2018

Nami | Daily Crypto News 14.04.2018

Copied to clipboard
Copied to clipboard

Forbes: Why The Telegram Ban Is Good News For Its Cryptocurrency

Telegram, the messaging app preferred by the globetrotting anarcho-libertarians of the cryptocurrency world, has been shut down by the Russian government. Fans of the app will not be moved by the news. In fact, it’s a plus. It proves its Russian founder, Pavel Durov, now living in self-imposed exile somewhere between Dubai and a Caribbean Island, has held his ground against the Russian FSB, the top intel agency that has been after Telegram to reveal its encryption keys to law enforcement.

 

Forbes: A Bullish Sign Returns For Bitcoin, Ethereum, Ripple, EOS, And Other Cryptocurrencies

Major cryptocurrencies like Bitcoin, Ethereum, Ripple and EOS have been on fire lately. Over the last seven days, Bitcoin is up 21.80%, Ethereum is up 39.36%, Ripple is up 40.89% and EOS 51.84%.

 

CNBC: Hardly anyone is paying taxes on their bitcoin gains as filing deadline nears

With just a few days to the U.S. tax filing deadline, still only a tiny fraction of Americans have reported their cryptocurrency holdings, according to Credit Karma.

 

Coin Telegraph: One Of The Largest Crypto Farms in Russia To Be Established In The Heart Of Siberia

Russia is building one of the country’s largest crypto farms in the Krasnoyarsk Krai, Siberia.

 

Reuters: India’s Coinsecure exchange says $3 million worth of bitcoins stolen

Coinsecure, an Indian cryptocurrency exchange, said nearly $3 million were stolen from its bitcoin wallet, the biggest reported so far in the country’s fledgling virtual currency market.

 

Coin Desk: Zcash Completes ‘Powers of Tau’ Privacy Ceremony

Zcash is one step closer to undertaking an upcoming software change with the completion of its Powers of Tau ceremony.

 

Coin Desk: Blockchain Motor Insurance Trial Moves Ahead in Hong Kong

The Hong Kong Federation of Insurers (HKFI), a financial industry self-regulator, is developing a blockchain powered platform for the city’s motor insurance.

 

___

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.