cryptocurrency

More than 20 companies, including Coinbase and Huobi, have agreed to support the new crypto coin (USDC) starting from today.

Coinbase has written that it currently supports BTC, BCH, ETH, ETC and LTC, but it intends to add more cryptocurrencies in the future.

LXDX, led by a former SpaceX engineer, was built exclusively for institutional investors; but now the company is expanding its crypto services.

The agency has 30 people overseeing crypto projects; however, 12 people will be added to the current team in 2019 in order to accelerate development in the crypto industry. 

After accepting crypto mining as a separate industry, the Iranian government also plans to launch a national cryptocurrency.

Crypto companies Bionic Coin, Sybrelabs Ltd and Global Pay Net will receive cease and desist orders from the regulators if they fail to justify their ICOs.

Fraudulent crypto projects might include a "prestigious City of London address" on their "professional-looking websites".

9 million TRON tokens will be airdropped on the newly launched crypto exchange BITBOX between now and August 22nd.

Joseph Lubin said that they are more overwhelmed by the increased interest in Ethereum than taken aback by the volatility in Ether's price.

All of the cryptocurrencies are in the red - Ethereum has dropped by 18.39%, Bitcoin by 6.3%, Ripple by 14.73% and Litecoin by 14.89% in the last 24 hours.

The IRS (Internal Revenue Service) believes that crypto bears similarities to property, while the CTFC (Commodity Futures Trading Commission) believes that it is a commodity.

The crypto fund is known as LuneX Ventures and is a result of a partnership between Golden Gate Ventures and the company's ex-head of growth.

" is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm."

The feature is live for a few customers at the moment. Coinbase will make it available for the rest of the customers in the next few weeks. 

"Don’t fall for the ICO hype and false promises such as “blockchain, but not Bitcoin”. And recognise the disruptive potential of digital assets."