Generation Z (born between mid-1990s to mid-2000s) are not in plan to buy cryptocurrency, according to the results of a survey conducted by Business Insider with 1,884 U.S. residents between ages 13 to 21. Business Insider noted, “The reinvigorated market could cause some of the teens in the survey to rethink their position, and it may spur the 26% who said they were somewhat likely, very likely, or extremely likely to purchase cryptocurrency to pull the trigger.”
John McAfee, the eccentric US tycoon has who has announced that he will be running for 2020 American president is supporting Cuba to adopt crypto. In his Tweet, “Cryptocurrency to get around the 63 years of economic strangulation imposed upon 14 million Cuban people by the insanity of the US Government. Finally, a large scale, real world application for Cryptocurrencies. If Cuba wants my help, I am here.”
TRON Foundation CEO Justin Sun along with BitTorrent’s VP of Product, Justin Knoll have agreed to a Ask-Me-Anythings (AMAs) events in which members of the community to pose questions on anything from partnership plans to technological progression. BitTorrent in its official Twitter handle, “To celebrate the launch of BitTorrentSpeed with the BTT wallet, our CEO Justin Sun will be hosting a live AMA with our VP of Product, Justin Knoll to answer any questions from the community. Join us on July 8, 2019 6PM PDT!”
A global blockchain development company, TNCH IT Solution Group which is working in mission to unite the cryptocurrency world will be organizing a launching event at the Rockefeller Center in New York City this coming July 16th, In which the president of a blockchain-powered micronation, Liberland (sandwiched between Croatia & Serbia), VítJedlička will be a key speaker.
Venezuela President Nicolas Maduro ordered the country leading bank, Banco de Venezuela, to accept the nation cryptocurrency, the Petro (PTR) at all of its branches. Maduro gave the express order to open Petro desks in all the branches of the Bank of Venezuela. José Angel Alvarez, head of crypto national association said, “It is a bold and correct decision to move forward towards a hybrid economy where the fiduciary currency of a country competes face to face with cryptocurrency.”
As a software wallet compatible with Ledger hardware wallets, Trinity has been launched by the IOTA Foundation. The wallet has Keepass-compliant security and encryption, biometric authentication, and availability in 25 languages and on Mac, Windows, Linux, iOS and Android. They also pitch it has an improvement on both ease-of-use and security for users conducting transactions in IOTA.
With a vision to become a mainstream crypto, Litecoin has joined the payment network, Flexa which allows users to pay through cryptocurrencies. Creator of Litecoin Charlie Lee expressed, “I’m excited to see Flexa help push mainstream adoption of Litecoin payments. Being able to pay with LTC at all these new major merchants is great for the entire Litecoin community.”
Cuba is analyzing the possibility to use cryptocurrencies to boost its economy amid a deepening crisis exacerbated by U.S. sanctions. Its economic minister Fernandez explained, “We are studying the potential use of cryptocurrency; in our national and international commercial transactions, and we are working on that together with academics,”
A blockchain advisory firm, AmaZix has unveiled the first global blacklist of Telegram users for cryptocurrency and blockchain projects. The CEO of AmaZix, Jonas Karlberg claimed, “Our hope is, by opening access and encouraging more people to use and contribute to our service, we will catch the scammers even more quickly. This will effectively discourage malicious activity on Telegram.”
An over-the-counter (OTC) has been launched by KuCoin called, KuCoin OTC desk, which facilitates dealing between trade parties directly, instead of relying on the supervision of an exchange, joins similar services at other top US crypto businesses. Initially it will trail on the USDT/CNY pair, later more tokens and fiat currencies will be added.