Crypto Daily News: World Bank Prepping for Blockchain Bond and Facebook Exec Steps Down from Board at Coinbase

In today’s edition of Crypto Daily News, we’ll cover the World Bank preparing to launch the world’s first blockchain bond and why Facebook executive David Marcus is stepping down from Coinbase. Crypto Daily News: August 10th, 2018 World Bank Blockchain Bond According to CNBC, The World Bank has just made a huge announcement in the crypto space: it has mandated the Commonwealth Bank of Australia to carry out the world’s first blockchain bond. The bond will be called the ‘Kangaroo bond’ and it is referring to the foreign bonds that are…

Stellar (XLM) and Coinbase Rumors Circulate—Facebook Talks with Stellar

Stellar (XLM) is currently the only digital currency within the top 13 cryptocurrencies that is seeing any sort of gains on the crypto market today. So is there any Stellar news today? Stellar Rumors There has been no official announcement in Stellar news that would have pushed the cryptocurrency into the green, but there are rumors circulating, perhaps enough to boost investor confidence. Calling it right now. @StellarOrg next #crypto on @coinbase #Cryptocurrency #Stellar $XLM — CryptoCurrency 🤑 (@crypto_goat_) August 9, 2018 Nearly a month ago, Coinbase announced that it…

Crime and Crypto: Can We Stop It?

On one side of the argument, cryptocurrency stands for a completely independent network that provides peer-to-peer transactions, while allowing for total transparency and permanency across a distributed ledger. In other words, every transaction made on a blockchain is evident in a universal ledger for everyone to see. It includes an identifiable account number, time of the transaction, and the conversion rate. For the critics, it serves as the proprietary vehicle for money laundering and will never reach the status of becoming a legitimate, international currency. The allegations for using Tether…

Is it Game-Over for Bitcoin? This Wall Street Analyst Says Yes

Both Bitcoin bears and bulls will be watching the BTC price over the weekend. While some see a potential corrective rally occurring, others believe the cryptocurrency is at the end of its road. One Wall Street analyst believes the latter. In fact, Jeff deGraaf said it’s “game over” for Bitcoin. But is that true? Wall Street Analyst Pessimistic about BTC Price Yesterday, CNBC reported that Jeff deGraaf of Renaissance Macro Research declared that Bitcoin is “permanently impaired.” He then added that investors should start betting against the cryptocurrency, but only…

Golden Gate Ventures To Launch $10 Million Blockchain And Crypto Fund

Capital firm Golden Gate Ventures (GGV) based in Singapore, is planning to launch a $10 million USD fund exclusively for blockchain and cryptocurrency investments. The fund will be accessible for cryptocurrency start-ups as well as established blockchain companies looking for further investment. The announcement was made via Reuters, early today August 10th.  Who Is Golden Gate Ventures? Golden Gate Ventures is one of Southeast Asia’s leading venture capital firms. The new fund will see the GGV invest in start-up companies such as cryptocurrency exchanges, security providers, and blockchain tech startups. This…