The rapper accepted payment for his 2014 album (equivalent to $400,000 then), resulting in a multi-million dollar windfall today (Coindesk).
Aiming to shift away from its “old-school” system of recording deed information, Bermuda plans to migrate its property deeds system to the blockchain (Coindesk).
A nonprofit blockchain foundation for the Internet of Things has announced the chief digital officer of Volkswagon is on he advisory board. The IOTA platform allows micropayments to be digitally sent to connected devices, making it useful for the Internet of Things (Cointelegraph).
Former US Secretary of State John Kerry said that cryptocurrency is a topic of discussion at the World Economic Forum because it has value. JP Morgan’s CEO Jamie Dimon claimed he was not a skeptic after being pressed about his previous comments calling cryptocurrency a fraud (Cointelegraph).
The South Korean government has officially released the guidelines on regulation of cryptocurrency regarding real-name trading and money laundering (Bitcoin News).
In a joint statement issued today, the SEC and CFTC said they will continue to target frauds covered up by looking like initial coin offerings (Coincenter).
Due to regulatory hurdles and structural issues, Canadian firm are struggling to launch the world’s first Bitcoin exchange-traded fund (Bloomberg).
Common questions, and their answers, are ordered in the order they are asked, with the most common question being, “What is Bitcoin?” (Money)
A follow-up article (link to the ‘first’ one in the article opening) that discusses “hodling” (holding on for dear life), and the power it holds in the cryptocurrency market (Forbes).
Currently owning 401 Bitcoins, the recent high school dropout Eric Finman is excited about the fact young people can change economic classes so quickly. Making his first million dollars by the age of 18, he leaves the advice, “Find what you’re good at, and find a way to make money doing it” (CNBC).