Cryptocurrency News Highlights: Week of May 19, 2019

Crypto Trader News is proud to present our top trending posts for the Week of May 19, 2019, highlighting articles that are moving at the speed of business. Have you registered to be a Crypto Trader News Pro? Get the latest in market analysis, reviews, trade tips and insightful articles directly to your inbox.

CRYPTOCURRENCY NEWS

Cryptopia Heads to the Crypt

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Cryptopia has officially gone into the great crypto beyond after a crippling mid-January hack. Announced Tuesday evening on their official Twitter feed, they have appointed liquidators and made the official announcement after rumblings about the fate of the exchange began. Find out what happened with Cryptopia and their next steps here.

10 Coins to Have in Your Portfolio

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There’s an old adage: Don’t put all your eggs in one basket. Diversifying your crypto portfolio is now the spice of life. Find out our 10 crypto token recomendations that everyone should have in their wallet.

Provenance.io Raises $20 Million In Latest Round

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Financial services blockchain platform Provenance.io has raised $20 million in a security token offering (STO). Provenance is a financial services blockchain that provides commercial functionalities to a range of finance and lending firms, which can be used to manage loan processing, disbursement and management systems.

Read more about what Provenance is doing after their $20 million STO.

Can OpenBazaar Replace Amazon?

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There is some major competition on the horizon and we’re asking the question: Can OpenBazaar replace Amazon in the eCommerce sector? With legislators grumbling about breaking up the Title C monopolies like Amazon, Facebook and Google, alternatives like OpenBazaar are gaining more popularity.

INSIGHTS

Figure Technologies and Provenance

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Mike Cagney, a leader in SoFi, has closed on a huge deal with Jeffries and WSFS Institutional Services. The startup uses Provenance.io to “originate, finance, and sell its HELOC loans to banks, asset managers, and credit funds” natively on the blockchain. Read more about how Figure Lending utilizes Provenance to originate, fund, transact, and service HELOC loans to financial institutions.

Is It A Good Time to Jump Into Crypto?

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In this opinion piece, by Crypto Trader News writer, Alan Daniel, he asks and answers whether or not it’s a good time to jump into crypto. Here are some compelling arguments with information on tools, what’s going on with the price of crypto, and how the tide of adoption is hitting mainstream avenues in business. In short, when asked whether it’s a good time to jump into crypto, the answer is YES. Read why.

Tokenized Mortgages on Ethereum

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ICOs may be last year’s news, but Security Token Offerings (STOs) are the new crypto landscape and Fluidity, Ethereum’s first ever tokenized security platform is using smart contracts to tokenize assets and collaborate with dealer-brokers who are registered and regulated by the Financial Industry Regulatory Authority (FINRA). With the checks and balances in place, security and SEC compliance requirements are being met and accepted through Ethereum-based contracts for huge crypto purchases like mortgages.

Guess Who’s Big on Video Games? Hint: It Might Be You!

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Just when you thought gaming was for the young ones, research has shown that the average U.S. gamer is, on average, 33 years old – and they’re spending billions of dollars in the gaming industry. With gaming as a hobby, it makes up approximately 65 percent of American adults. Gaming is not just for kids anymore. Read more about it on Crypto Trader News.

WHAT 2020 U.S. PRESIDENTIAL HOPEFULS ARE SAYING

Is Blockchain the Only Way to Keep Trump Honest?

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This opinion piece by Crypto Trader News writer, Matthew Harris is making waves as he goes beyond exploring how blockchain has the ability to bring transparency to voting systems around the world, and take a harder look at what’s going on here in the U.S. Highlighting only a small list of Trump lies, Harris, delves into how blockchain can put false Trump claims to rest.

Presidential Candidate Hopeful Andrew Yang Endorses Blockchain Technology

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The 2020 Presidential election is less than 18 months away but only Andrew Yang is proposing a $1,000-a-month universal basic income for all citizens 18 and older. In a recent interview, Presidential hopeful Andrew Yang committed to adopting a crypto-friendly approach if he was elected.

WE LOVE ELON MUSK AND TECHNOLOGY

How Tesla Can Incorporate Blockchain Into Its Cars

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Elon Musk and the engineers at Tesla have demonstrated time and again that they’re committed to giving the public access to the latest technology. Tesla is constantly exploring new ways to innovate and disrupt various industries, so if technological innovation and disruption are two core components of blockchain, it seems fitting for Tesla to integrate this blockchain technology into their business culture.

4 Reasons Why Elon Musk Should Consider Bitcoin as Mars’ Currency

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If Elon Musk wants to start a colony on Mars as soon as 2024, then it might be a good idea to speculate what a financial system on Mars might look like. Certainly after man steps foot on the new frontier, Bitcoin integrated into a martian economy seems to make sense. We’re kind of curious to see what Elon thinks about that.

CONSENSUS BLOCKCHAIN WEEK 2019 OVERVIEW

Consensus Blockchain Week is a three-day annual event that brings together legislators, developers, big and small business, and crypto enthusiasts together for open discussions on public policy issues, innovation, commercial and enterprise development, plus exciting announcements and networking opportunities. This year featured 2020 Presidential candidate Andrew Yang, Justin Sun, CEO of TRON, and a slew of panelists who represent education, business, governance, and more.
Visit each link for the major highlights during this three-day Consensus event.