THELOGICALINDIAN - In todays copy of The Daily we awning belief about Shapeshift shutting bottomward its decentralized portfolio belvedere Prism the bitcoinhating CEO of JP Morgan Jamie Dimon cerebration he can be adopted US President an barter accretion to 20 added states and added censorship of bitcoinrelated accounts on Chinese amusing media
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Shapeshift Shuts Down Prism
Shapeshift, which afresh appear a about-face to a mandatory membership model, is now additionally shutting bottomward its decentralized portfolio platform, Prism. When it was launched aftermost year, Prism promised the adeptness to defended a bassinet of cryptocurrencies after acknowledgment to third affair risk, acceptation after abrogation your funds on an exchange. It additionally featured some amusing trading capabilities, like announcement accessible achievement leaderboards so users could apprentice from top traders and archetype their portfolios.
Shapeshift didn’t announce that the move is accompanying to its contempo change of model, instead advertence it has been done to focus on developing its amount artefact line. “With the assignment we’ve done over these accomplished 18 months, it’s become bright to us that there is absolutely a altered (and acceptable superior) artefact to be congenital with this basal technology. It requires added than a pivot: a reimagining of the artefact itself…These affidavit accumulated accept led us to the cessation that we should dusk the accepted Prism product, both in adjustment to focus on our amount platform, and to bright the bassinet for a abeyant reimagining of what this technology can do after on.”
Bitcoin-Hating Banker Thinks He Can Be Elected President
Jamie Dimon, the CEO of JP Morgan Chase and above administrator of the New York Fed, acutely loves to activity up altercation in a way that will admission him best publicity afore bound retreating. After advancing bitcoin as a artifice and regretting it, he has now said he can be adopted Admiral of the United States – and again about anon took it back. Apparently the Wall Street broker thinks he can exhausted accepted admiral Donald Trump because “I’m as boxy as he is, I’m smarter than he is.”
It would accept been both absorbing and candid to ascertain aloof how abundant the American accessible adulation bankers in this ultimate acceptance contest, but Dimon took his words aback as anon as they were fabricated public, proving he is neither as boxy nor as acute as he imagines. “I should not accept said it. I’m not active for president. Proves I wouldn’t accomplish a acceptable politician.”
Okcoin Expands to 20 More States
Okcoin barter has appear an amplification into 20 new states with token-to-token alone trading. These include: Alaska, Arizona, Colorado, Idaho, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, Tennessee, Texas, Utah and Wisconsin. And the aggregation accept added they are in the action of applying for money assignment licenses (MTL) in the actual states for both token-to-token trading and fiat-to-token trading.
“In adjustment for the cryptocurrency bazaar to ability its abounding potential, exchanges like Okcoin accept to assignment with absolute and new regulators for convertible basic currency, agenda goods, and/or securities,” said CEO Tim Buyn. “Our aggregation has formed agilely aural the complexities of the US authoritative frameworks. We’re aflame to booty this above footfall advanced as we aim to breach bottomward the barriers preventing a absolutely all-around agenda asset bazaar while adhering to continued accustomed regulations.”
Wechat Blocks Bitmain
According to letters from China, the ascendant amusing arrangement Wechat has blocked one of Bitmain’s accounts (“antminersale”). This comes afterwards aftermost ages the arrangement shut bottomward the Wechat amusing media accounts of several bounded crypto account outlets, and the government blocked admission to 124 adopted exchanges said to be targeting Chinese and banned hotels and added venues from hosting blockchain-related events. Considering these contempo actions, some commentators see the move adjoin the mining accouterments ambassador as allotment of a new crackdown on the industry in China.
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