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Crypto Investor News for 11/17

Staples Center to be Renamed Crypto.com Arena (BBC): The tipping point has arrived. Investor takeaway: Expect everyone you know to suddenly become interested in crypto investing. We’ve gone mainstream. How India is Regulating Crypto (Economic Times): India will ban crypto for payments, ban crypto advertising, and allow crypto as investments. Investor takeaway: Overall positive news for us, as it gives a government stamp of approval on crypto investing. Thank you to India for taking the lead on thoughtful regulation. ConsenSys is Now Worth $3.2 Billion (ConsenSys): Celebrating its latest funding

Basic Attention Token Price Up 32% After Solana Partnership Announcement

Basic Attention Token is up 32%, making it the second biggest gainer today on Crypto.com. Currently trading at $1.33, Basic Attention Token price is close to breaking its previous all time high of $1.52, which it hit back in April. Let’s take a closer look at BAT and see what all the hype is about. What Is Basic Attention Token? Basic Attention Token is the cryptocurrency that powers the popular Brave Browser’s blockchain-based advertising platform. The Brave browser works to reward user attention in BAT tokens, and offers a competitive

This crypto ad exec tells us how the industry will evolve and why transparency is so important

CryptoSlate recently had the opportunity to chat with Milo McCloud, the co-founder of Paradox Group, a well-known crypto advertising firm that works with some of the biggest names in blockchain.What is the professional background of the Paradox founders and what is their previous experience in crypto?I am a blockchain, fintech, and cryptocurrency specialist focusing on growth opportunities for companies in these sectors.Prior to co-founding Paradox Group, I worked in investment sales and marketing, as well as having represented Great Britain in Alpine Skiing as an international athlete.My co-founder, Paul Burnham,

Key Takeaways: House Bill 7425 on Taxing Digital Services in the Philippines

Share some Bitpinas love:By Shiela BertilloThe House of Representatives on Tuesday evening approved a bill that would impose a 12% value-added tax (VAT) on digital service providers in the country.House Bill No. 7425 was approved with a voting of 167-6 with one abstention on the third and final reading; the bill is meant to amend sections of the National Internal Revenue Code of 1997 and parallel the level between traditional and digital businesses.The proposed VAT shall also cover electronic or digital sale of services such as online advertisements and provision

Prisma Analytics, Dell Technologies and CryptoDATA Tech will host the official launch of Edain utility token

Prisma Analytics, Dell Technologies and CryptoDATA Tech will host the official launch of Edain utility token Prisma Analytics GmbH, Dell Technologies, and CryptoDATA Tech have teamed up for an innovative project and announce the online launch of their utility token called EDAIN on September 29th, marking the start of the pre-sale period. The EDAIN launch event aims to raise awareness for decision-makers that seek to leverage data into actionable knowledge. It will be an exclusively online event, as it will be transmitted live on the Edain website starting 17:00 (UTC).

Acorns Hires Former Amazon Executive as President, Hints at Crypto Options

Acorns, a popular investing and savings app, announced a former Amazon lead as company president and head of day-to-day operations.Sponsored Sponsored Earlier today the financial services app revealed David Hijirida as the new president. Hijirida was an executive at Amazon and CEO of the digital bank Simple Finance. During his 12 years at Amazon, he managed global payments and advertising.  This new hire comes as Acorns expected a public listing later in the year. The public listing is with the intentions of accelerating its mission of wealth building and overseas

Solana Enjoys 7% Boost Amid Sponsorship Of Lollapalooza Music Festival 

The proof-of-stake cryptocurrency Solana enjoyed a hefty boost during the popular music festival after it was advertised prominently during the opening day of the Lollapalooza music festival.Day one of the three-day festival kicked off yesterday with a bang. Headline acts included Miley Cyrus, Playboi Carti, Steve Aoki—and Solana.  That’s because the crypto project has sponsored one of the Lollapalooza stages. Videos posted on social media reveal a Solana “pool float” and a large banner advertisement atop Perry’s stage.  Solana is a relative newcomer to the crypto space; akin to Ethereum,

Indian crypto investors may not be charged this tax

India may not be charging a 2% equalization levy on crypto investors. Finance Minister of India, Nirmala Sitharaman was responding to a query by the deputy chief minister of the eastern state of Bihar about data concerning crypto exchanges and their investors in the country. Sitharaman noted that the current administration did not collect any such information. Earlier reports stated that the tax department was analyzing whether the equalization tax will be applicable on the purchase of digital assets from overseas exchanges. This was because the country has expanded the

Amazon Is Hiring For Digital Currency and Blockchain Expert

Blockchain News Amazon is hiring for an experienced Digital Currency and Blockchain Product Lead. This indicates that the company is now taking a serious look at cryptocurrency usage these days. The Digital Currency and Blockchain Product Lead expert must have experience in cryptocurrencies, central bank currencies, and more. According to a recent job posting, an online marketing giant Amazon is looking to hire a Digital Currency and Blockchain expert. Of note, the company intends to add the new hire to its payment team. Based on the report, this showcases that

TrustSwap Review: Making Smart Contracts Mainstream

The cryptocurrency space can be a scary place if you are not careful. There are scammers left and right, and not just in Discord and Telegram. Many cryptocurrency projects have revealed themselves to be nothing short of a ponzi scheme. Some have even ended with a rug pull – the team dumping their share of the crypto on the market and running with the cash.TrustSwap is a cryptocurrency project that is hoping to change that by using smart contracts. They want to create a new standard for initial coin offerings

Key Timing for Adoption? Crypto Goes Mainstream With TV, Newspaper Ads

Amid turbulent times for the world at large, the cryptocurrency space seems to be cruising on its own steam in 2020. The coronavirus pandemic has put a major strain on economies around the world, and countries such as the United States have seen their central banks resort to extended quantitative easing in order to stimulate their financial ecosystems.Some analysts believe that this continual fiscal stimulus is part of the reason that the cryptocurrency market is enjoying relative success compared with its traditional financial counterparts.The likes of Anthony Pompliano, co-founder of