Headlines for the world of Cryptocurrencies - August 30, 2018

Higher Education Offers Blockchain and Crypto Courses According To Coinbase

According to a research conducted by Coinbase, there is an increasing interest of blockchain and crypto amongst students in higher education institutions as well as the number of courses being offered in these universities.

It is said that 42 percent of the world’s top 50 universities now offer at least one course on crypto or blockchain technology.

Students from these top tier universities have been increasingly interested with blockchain and cryptocurrency from a range of majors with universities are adding courses across a variety of departments.

The Coinbase research includes a Qriously survey of 675 U.S. students, a comprehensive review of courses at 50 international universities, and interviews with professionals and students.

The Study focused on classes available to undergraduate-level students in the fall of 2018 semester or the most recent semester for which information was available online.

The research excluded classes that are graduate–level only. There were in total about 6,011 respondents on the survey which included Qriously study whose ages ranges from 16 years old and above.

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Operation Coinsweep Investigating 200 ICOs and Crypto Firms

An international task force instituted by the North American Securities Administrators Association (NASAA) dubbed as Coinsweep is said to be actively investigating over 200 initial coin offerings and investment products.

Launched in May of this year it has already brought 46 enforcement actions against ICOs and firms offering cryptocurrency investments products in the U.S. and Canada.

It has also earned praise from the Chairman of the U.S. Securities and Exchange Commission, Jay Clayton, for its efforts in curbing out irregularities in the space.

NASAA’s President and Alabama Securities Commission Director Joseph P. Borg has stated that the state and provincial securities regulators are doing all they could to protect investors from financial harm that might be caused by fraudulent ICOs and crypto-related investment products.

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Cryptocurrency Custody Service Kingdom Trust Insured By Lloyd’s Of London

Kingdom Trust, the Kentucy-based alternative Asset custody service which is said to be holding billions worth of digital assets, reveals that it is now being insured by the world’s largest insurance marketplace, Lloyd’s of London.

The digital assets under its wings is said to be over 30 cryptocurrencies and worth over $12 billion USD.

Kingdom Trust provides institutional and individuals a digital currency custody management and alternative assets investments fund.

Aside from offering its clients digital custody services, the company is said to have registered investment advisors for its clientele and a variety of investment platforms.

The firm conforms to SEC regulations and has personnel who are qualified to handle multiple investment vehicles.

Clients who don’t want directly invest in cryptocurrencies can still gain exposure by investing in publicly traded and private funds, and hedge funds.

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Bitcoin Above $7000

As of August 28, the cryptocurrency market has been seeing strong positive momentum as Bitcoin (BTC) breaks above the $7000 level and most altcoins posted strong gains during the day.

The gains posted by the top 10 largest assets ranges from 4.2 percent to almost 20 percent with Bitcoin trading at $7016 during press time with is up around 4.2 percent on the day.

The top coin has seen several days of recovery since its decline on August 22 in the wake of toughened anti-crypto measures in China and Fresh series of disapproval orders for several Bitcoin exchange-traded funds (EFT) by the U.S. Securities and Exchange Commission (SEC).

As the crypto spot market rally and Bitcoin reclaims ground above 7000 fresh data from the U.S. Commodity futures Trading Commission (CFTC) Shows that bearish positions for non-commercial contracts of Bitcoin (BTC) futures are also on the decline.

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Google Play Still Host Crypto Mining Apps Even After Ban

Internet giant Google has initiated a blanket ban on all apps that mined cryptocurrency on devices.

However, it seems that many apps that have on-device mining capabilities are still available for download on the Play Store.

Google has given developers of such apps a 30 day window to comply with the new terms which has now passed and Google has begun purging some of the offending apps.

Some mining apps have already been removed from Google Play and some have revised their current application to comply with the new terms of use. T

here are still many mining applications available but it seems that Google still of work to do with regards to removing the potentially device damaging applications.

According to Security Research Expert Troy Murch, mobile devices are not designed nor optimized to mine cryptocurrencies; as such using these apps may cause damage to device that may lead to important data loss.

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Headlines for the world of Cryptocurrencies - August 29, 2018

Old Hydroelectric Dam in New York Converted To Bitcoin Mining Farm / SEC’s Bitcoin ETF Concerns Are Valid According To Wall Street Journal Reporter / Fujitsu Uses IOTA As New Protocol Standard / Huobi Acquires Controlling Share In An Investment Company / 10 Million downloads For Crypto-Funded Brave Browser

Headlines for the world of Cryptocurrencies - August 28, 2018

Facebook’s Founder’s Sister Signs On To Serve On Huobi Chain Advisory Comittee / McAfee Joins Weibo To Reach Out Chinese Investors / ICONLOOP Of ICX Gets Government Recognition / Correlation Between Emerging Markets and BTC Is A Sign Of Upcoming Trend Reversal According To Fundstrat Co-Founder / Central Bank Of India Forms Cryptocurrency and Blockchain Research Unit

Headlines for the world of Cryptocurrencies - August 27, 2018

Weiss Ratings Recommends Ripple’s XRP / Bitcoin Pioneer Journalist Celebrates 2k Article Published / North Korea Holding A Blockchain Conference / Central Bank of Venezuela Releases App to Convert Bolivar to Petro-Pegged Currency / Iran Draft’s State-backed Crypto

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