giftedviz.com
giftedviz.com July 22, 2018


China orders all Bitcoin exchanges to close, report says

16 September 2017, 12:54 | Austin Hogan

Chinese Bitcoin Exchanges Will Likely Not Be Banned After All Joseph Young

Chinese Bitcoin Exchanges Will Likely Not Be Banned After All					            Joseph Young

Speaking to CNBC, the executive said there is value in creating and trading Bitcoin, as its current popularity and usage shows.

On Thursday, Bitcoin saw its shares tumble by 13.6%, according to Business Insider.

Li Lihui, a senior official at the National Internet Finance Association of China and a former president of the Bank of China, said on Friday at a conference in Shanghai that global regulators should work together on digital currencies.

When it comes to dabbling in cryptocurrency, there seems to be a lot of emotion and speculation involved especially concerning its long-term future and on the regulatory front.

"Currencies have legal support".

Kremlin condemns USA ban on Kaspersky Labs software
Kaspersky has agreed to serve in Congress after the ban on the company's products in the Federal agencies of the United States. Other than the antivirus, the government ordered the removal of any software that is manufactured by the Kaspersky Lab.


Watch Spyder Pre Release Event Online
Spyder trailer was scheduled to be released at the grand pre-release event that will be held in Hyderabad on Friday evening. While the Telugu version has already got close to 6.5 lakh hits, the Tamil version has got 2.5 lakh views on YouTube.


Alphabet is reportedly considering investing $1 billion in Lyft
The funding could come from either Google itself or CapitalG, Alphabet's private equity arm, according to Bloomberg . The word is that the investment in Lyft is being driven by top-level executives, including Alphabet's Larry Page.


Because of cryptocurrencies' popularity in China, regulators were prompted to crack down on them.

Following China's ban on initial coin offerings of cryptocurrencies, the Asian country looks set to ban all digital currencies by the end of September. People may be selling their cryptocurrencies such as Bitcoin while potential users of this coins from other countries are waiting to see whether their governments will impose measures similar to those of China. Another cryptocurrency that has suffered significant losses is Litecoin whose price is $43. Litecoin's price two weeks ago before the Chinese government's measures was $89.

"If you were in Venezuela or Ecuador or North Korea or a bunch of parts like that, or if you were a drug dealer, a murderer, stuff like that, you are better off doing it in Bitcoin than United States dollars", he said, according to The Guardian.

The head of America's largest bank threatened to dismiss traders if they trade the cryptocurrency. And with Bitcoin plummeting to a 40-day low of $3,023 amid worries about China policy, the volatility is particularly unsettling. On Tuesday, a United Kingdom watchdog group, Financial Conduct Authority (FCA), also issued a warning about initial coin offerings.

The FCA on Tuesday warned customers about ICOs, saying they were "very high-risk, speculative investmentsts" and only for experienced investors who are prepared to lose their entire stake. So if you were a dollar millionaire but put it all into bitcoins, you lost over $363,000 (£272,000) overnight.



Other News

Trending Now

Toshiba memory business sale points to Bain-led consortium
The Japanese company disputes that and sued Western Digital for more than $1 billion for interfering in the auction. The firm needs to raise the money by March to avoid seeing its shares delisted from the Tokyo Stock Exchange.

Lost Interest in Sex? This Could Help
The researchers reached the conclusion after surveying the sexual proclivities of 4,839 British men and 6,669 women ages 16-74. The Food and Drug Administration (FDA) recently approved the first drug to boost female libido, called flibanserin .

Florida Hurricane Irma Evacuee Named Her Newly Delivered Baby 'Storm'
On the heels of Hurricane Harvey, Hurricane/tropical storm Irma has blasted the state of Florida with high winds and flooding. Thanks to the efforts of incredible teamwork, Nayiri Storm is here with both a memorable name and great birth story.

Canada could be getting a Toronto-Montreal Hyperloop route
In 2015, another company, Hyperloop Transportation Technology, announced a plan to build a track in Quay Valley, Calif. The 10 routes are in the U.S., Canada, India, Mexico and the United Kingdom.

Death of LSU student after leaving fraternity house probed as hazing incident
King Alexander said all Greek activities at the university have been suspended indefinitely. LSU identified the student as 18-year-old Max Gruver during an afternoon press conference.

Niall Horan Reveals Solo Album Title, Art & Release Date
And Horan's bandmate Harry Styles started selling tickets in June 2017 for his two Madison Square Garden shows in June 2018. Niall is now on his own solo tour and he deliberately picked smaller venues to give his shows a more intimate feel.

Man United not crying about Pogba as Mourinho awaits 'legend' Rooney
Pogba scored two goals and registered as many assists in United's first four league games, helping them rack up 10 points from a possible 12.

Fergie And Josh Duhamel Announce Their Separation
In June, he said of Fergie : "We really, really like each other and like spending time around each other". "There had been a lot of talk in Fergie and Josh's household about expanding the family".

Arkansas Woman Used Government Funds To Buy Her Dog A Tuxedo
A gag order prevents attorneys from speaking publicly about this case. The Sentinel-Record reports Goss will be sentenced November 22. The total amount of unauthorized purchases was $162,598.

Google facing potential class action over gender-based pay discrimination
According to the complaint, Pease was kept on "non-technical" ladders, and denied moves to better-paying "technical" ladders. She left the company in 2015 due to the lack of advancement opportunities for women, the complaint says.