Bitzamp News Spotlight For This Week From April 09 – 14, 2018
Bitcoin is coming off one of its best one-day performances of the year, but one Nobel Prize-winning economist sees the cryptocurrency as more of a psychological experiment than a serious investment.
“I’m interested in bitcoin as a sort of bubble. It doesn’t mean that it will disappear, that it’ll burst forever. It may be with us for a while,” Robert Shiller, professor of economics at Yale University and co-founder of the Case-Shiller Index said.
Here are some major News Spotlight for this week:
China Launches $1.6 Billion Blockchain Innovation Fund: China has set up a new blockchain innovation fund to invest in blockchain startups. The scale of the fund is up to $1.6 billion, of which the government-guided funds contribute up to 30 percent.
14-Year-Old Developer Builds Uncensorable Voting Platform Called ‘Bitcoin Voice’: Alex Pasfield, a fourteen-year-old developer who has been working on cryptocurrency projects created a new tool called ‘Bitcoin Voice,’ a platform that enables uncensored vote for topics within the bitcoin cash community. He has been coding since the age of nine.
Ordonio’s Couple Arrested For Scamming People Into Investing In Bitcoin:The Criminal Investigation and Detection Group (CIDG) arrested a couple who allegedly cheated people into investing in Bitcoin cryptocurrency following a trapping operation.
Santander Launches Blockchain-based Money Transfer App: The Spanish banking giant Banco Santander recently announced the launch of its new global payment system based on blockchain technology for retail customers in European nations: Spain, Brazil, United Kingdom and Poland. The bank plans to extend the service to more countries in the coming months.
Coinsecure Announces $3.3M Theft: Company Suspects Its Own Employee: Just days after the RBI announced its latest move to isolate banks from the risks associated with cryptocurrencies, Delhi-based bitcoin exchange Coinsecure has reportedly lost bitcoins worth around Rs 19 crore in a security incident on Monday.
Mastercard Is Hiring Blockchain Experts With Specialists On Different Roles: According to a press release on Thursday, MasterCard is looking to hire 175 people with experience in different roles, including blockchain specialists.
Bittrex Exchange Signups Reopens as Company Accepts New Customers: Cryptocurrency exchanges remains incredibly popular right now. Despite the fall of Bitcoin and altcoin prices, the demand for cryptocurrency is not slowing down.
Popular Cryptocurrency Exchange Bittrex today unveiled its new, redesigned and updated website with registration of new users.
A Cryptocurrency Class Action Lawsuit Has Been Filed Against Nano: A class action lawsuit has been filed against Nano and key employees of his main team for allegedly violating the federal securities law.
The lawsuit alleges that the defendants violated federal securities laws and tricked investors into using the Bitgrail exchange to trade and store their assets.