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Capital Group Prohibits Associates, Family Members From Investing In ICOs

Capital Group, an American financial services company and one of the world’s oldest investment management organizations, has prohibited its associates and their immediate family members from investing in Initial Coin Offerings (ICOs), according to an upgraded Code of Ethics filed with the Securities and Exchange Commission (SEC) April 19. The updated Code of Ethics emphasized the new guidelines and policies ...

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Tim Draper Says Bitcoin Is Bigger Than The Industrial Revolution In Debate With Skeptics

American venture capital investor and Blockchain industry influencer Tim Draper claimed that Bitcoin (BTC) is “bigger than the internet,” and several other major developments in human history, during the Intelligence Squared US debate in New York City this Saturday, CNBC reported today April 23. During the debate – which Draper undertook alongside Overstock CEO and Bitcoin bull Patrick Byrne and ...

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Banks And Cryptocurrencies Global Evaluation: Europe

European leaders seem to have finally come to a consensus that the innovative technology underlying crypto-assets “has the potential to improve efficiency and inclusiveness of the financial system and economy more broadly,” as emphasized at the G20 summit in Argentina in March 2018. However, when it comes to regulation, the lack of consensus among global leaders made it impossible to ...

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Binance And Crypto Savannah Partner To Bolster Ugandan Economy

Leading global cryptocurrency exchange Binance has recently partnered with Ugandan Blockchain organization Crypto Savannah in order to support economic development of the East African country, according to a tweet from Binance CEO Changpeng Zhao April 22. @binance will partner with @cryptosavannah @AggieKonde @HelenHaiyu to support Uganda’s economic transformation and youth employment through blockchain, embracing the 4th industrial revolution. We will ...

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Snoop Dogg To Promote Ripple At Invite-Only Event In NYC

Ripple is hosting a VIP gathering, dubbed “XRP Community Night,” in NYC on May 15, with a performance by Snoop Dog, the company announced Tuesday, April 24. The event is “invite-only,” but two Twitter contests will run in which participants can vie for ten tickets: “Twitter Trivia” and “Make the Meme,” on April 26 and May 2 respectively. Ripple says ...

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Ethereum Proposal To “Resurrect” Disabled $360 Mln Parity Contract Shut Down

A week-long vote on a proposal in regards to the Parity hack wallet reversal, which proposed to restore a disabled contract to unfreeze 587 wallets holding 513,774.16 Ethereum (ETH), has ended with a majority “no” vote today, April 24. In November of last year, a Parity user “accidentally killed” the Parity multisig library by activating a vulnerability to become the ...

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California State Senator Promotes Blockchain Bill For Recording Stock Information

Last week, Senator Bob Hertzberg (D), who represents California’s 18th Senate District, advanced legislation permitting Blockchain technology for certain business practices, financial information platform Equities.com reported April 23. SB 838 would allow corporations to apply “Blockchain technology or one or more distributed networks” to record and keep the “names of all of the corporation’s stockholders of record, the address and ...

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BTC Is Better Than Gold “On Every Front”, Says Hedge Fund Manager

Speaking at the 23rd annual Sohn Investment Conference, John Pfeffer, hedge fund manager at Pfeffer Capital, said that Bitcoin is the first viable candidate to replace gold, and is better than the precious metal “on every front,” MarketWatch reported yesterday, April 23. Appearing on CNBC’s Fast Money this morning, April 24, Pfeffer confirmed his prediction that Bitcoin would rise to ...

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