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Coinbase intent on launching a cryptocurrency fund on Wall Street

Sep06
by on September 6, 2018 at 3:50 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


Coinbase appears to have taken a look at the efforts of other cryptocurrency fat-cats and reckons it can succeed where others failed. Sources have indicated Coinbase is intent on launching an exchange-traded fund (ETF) for cryptocurrency, something that has proven practically impossible. The move is part of Coinbase’s plan to pander to retail investors afraid of getting their names attached to possible money-laundering schemes, BusinessInsider reports. Coinbase is one of the world’s largest cryptocurrency exchange operators. While smaller, retail investors can purchase cryptocurrency directly, a lot of its business is actually tailored towards institutional investors. An ETF, when described simply,…

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a couple of laughzillas on a blue diamond background

Coinbase intent on launching a cryptocurrency fund on Wall Street

Sep06
by on September 6, 2018 at 3:50 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


Coinbase appears to have taken a look at the efforts of other cryptocurrency fat-cats and reckons it can succeed where others failed. Sources have indicated Coinbase is intent on launching an exchange-traded fund (ETF) for cryptocurrency, something that has proven practically impossible. The move is part of Coinbase’s plan to pander to retail investors afraid of getting their names attached to possible money-laundering schemes, BusinessInsider reports. Coinbase is one of the world’s largest cryptocurrency exchange operators. While smaller, retail investors can purchase cryptocurrency directly, a lot of its business is actually tailored towards institutional investors. An ETF, when described simply,…

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a couple of laughzillas on a blue diamond background

The portable Nima Peanut Sensor stops nuts getting in your mouth

Sep06
by on September 6, 2018 at 2:19 pm
Posted In: Around the Web, Plugged


Thankfully, I don’t suffer from a peanut allergy. For the people I know who do, it seems to constantly weigh on their minds. Well, the Nima Peanut Sensor was created to solve this particular problem and ease the mental burden of having a peanut allergy. It looks a lot like an onigiri (a delicious seaweed-wrapped, rice-based Japanese snack). Don’t believe me? Here’s a picture of some onigiri: And here’s a picture of the Nima Peanut Sensor: The just-released Nima Peanut Sensor has come out hot on the heel’s of the company’s Gluten Sensor. No prizes for guessing what that does. The Peanut…

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India contemplates introducing a national digital currency to avoid printing money

Sep06
by on September 6, 2018 at 2:01 pm
Posted In: Around the Web, cryptocurrency, Hard Fork, India, Insider


In 2017, India spent Rs 636 crores ($88 million) to print currency notes. The Reserve Bank of India (RBI) wants to bring those costs down, so it’s thinking of introducing a form of fiat digital currency instead of paper. To explore the feasibility of that idea, the central body has formed an interdepartmental group. A lot of the printing cost was due to the introduction of the new designs after the demonetization announcement in 2016. In the past few years, the RBI has spent millions on obtaining printing paper on currency notes. The RBI had first mentioned this committee in a notification sent in April.…

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a couple of laughzillas on a blue diamond background

India contemplates introducing a national digital currency to avoid printing money

Sep06
by on September 6, 2018 at 2:01 pm
Posted In: Around the Web, cryptocurrency, Hard Fork, India, Insider


In 2017, India spent Rs 636 crores ($88 million) to print currency notes. The Reserve Bank of India (RBI) wants to bring those costs down, so it’s thinking of introducing a form of fiat digital currency instead of paper. To explore the feasibility of that idea, the central body has formed an interdepartmental group. A lot of the printing cost was due to the introduction of the new designs after the demonetization announcement in 2016. In the past few years, the RBI has spent millions on obtaining printing paper on currency notes. The RBI had first mentioned this committee in a notification sent in April.…

This story continues at The Next Web

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