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Christine Lagarde: ignoring virtual currencies is stupid

Christine-Lagarde-ignoring-virtual-currencies Christine Lagarde - The Head of the International Monetary Fund

Managing director of the International Monetary Fund, Christine Lagarde, decided to warn the central banks about the increase in the distribution of Bitcoin. She recommended not leaving digital currencies without attention, as their popularity is constantly growing. Lagarde addressed this issue at a conference that took place last Friday in London. In particular, she said that digital currencies can make "good competition" traditional. Digital currencies are still young.

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The capitalization of the project Cardano already at the start exceeded half a billion dollars

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Charles Hoskinson, one of the first developers of the Ethereum, left the team of Vitalik Buterin before the start of the blockchain, and his company IOHK launched their own blockchain Cardano. Already four days after the launch, ADA's capitalization, the internal token of Cardano, exceeded half a billion dollars at a daily trading volume of $ 100 million. The capitalization of ADA did not come from scratch. Since the beginning of 2017, the project has conducted a series of ICO, or, in the terminology of the team, sales of vouchers, collecting a total of 108,844.5 Bitcoins, which is the same half a billion. Almost the entire amount of collected funds is of Asian origin - according to the audit report, these are investors from Japan, Korea, China, Thailand, Malaysia, the Philippines, Taiwan and Vietnam.

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Goldman Sachs plans to introduce Bitcoins for trade clients

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As they say - money does not smell, especially virtual. In the Wall Street Journal there was news that the banking giant Goldman Sachs, working on a solution that would allow its investors to trade Bitcoin directly. Such a decision will make Goldman Sachs the leading company of Wall Street, which allows its investors to gain access to the rapidly growing market of crypto currency.

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US can follow Japan in the regulation of crypto-currency exchanges

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Last week, the Japanese government and its financial regulator, the Financial Services Agency (FSA), officially authorized and licensed the work of 11 crypto-currency exchanges, including BitFlyer, the country's largest trading platform with more than 800,000 users. In a statement, Yuzo Kano, president of BitFlyer, noted that the regulation of the currency exchange and investors by the Japanese government will allow the country's crypto-currency market to become one of the leading positions in the field of trade, development and innovation.

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The founder of NEO: the ban of ICO in China is not temporary

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The founder of the NEO platform, which recently announced the return of funds to investors in connection with the banning of ICO in China, Da Hongfei was a guest guest, along with Patrick Dai, developer of QTUM, on the Unchained podcast, organized by Laura Shin Shin), the editor-in-chief of Forbes. The main topic of the discussion was the recent events in China and their potential impact on the crypto-currencies and the development of the blockbuster.

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Vitalik Buterin co-authored a new protocol for interactive ICO

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A new White Paper has been published with a detailed description explaining the potential transformation of the protocol for the initial sale of coins (ICO). The draft protocol, whose aspiration to create a "balance" between closed and untested sales of tokens, is represented by the joint efforts of the founder of the Ethereum Vitalik Buterin and the developer Jason Teutsch, who is the creator of the project to scale up the TrueBit smart contracts.

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What is Bitcoin and how to make money on Bitcoins?

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Literally BITCOIN (bitcoin) is a "bit" unit of information, a "coin" coin. In fact, bitcoin (official abbreviated BTC) is an electronic payment system (currency), which does not have a single information center, so the system does not have a single owner. You can say that the cue ball belongs to those who use them. By the way, most often in the network bitcoin is called just bits. Electronic crypto currency bitcoin was created in 2009 (development started in 2007), a programmer or a team of programmers with the pseudonym of Satoshi Nakamoto (apparently the Japanese name).

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