Industry Watch 19 February, 2018

Nami | Daily Crypto News 19.02.2018

Copied to clipboard
Copied to clipboard
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.”

ton-telegram-ico.jpg

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.

lenovo.jpg

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.

south korean tax.jpg

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.

bank buy.JPG

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.

___

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.