Australia Launches Crypto Regulations! | 3rd of April 2018 (DCN #28)

in #cryptocurrency6 years ago

Today is the 3rd of April, and again, a lot of exciting news and events are taking place in the cryptocurrency-world! And as always, I'm going to be covering the most important stuff that's going on.

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This is a part of my Daily Cryptocurrency News-series. For more check out my Steemit and Youtube.

Top Cryptocurrency Newstories For Today

These are in a completely random order

1- Australia Launches Crypto Regulations

Regulations here, regulations there... Australia is the most recent to release new cryptocurrency related regulations.

According to Australian Transaction Reports and Analysis Centre (AUSTRAC)'s website, ‘digital currency exchanges’ must from now on register with authorities, as well as commit to various reporting and identity checking procedures.

The exchanges have been given a six-month grace period before the new regulations come fully in place. During this period AUSTRAC will be more lenient on operators who fall short of requirements.
Read more

2- Floyd Mayweather-Backed ICO Charged With Fraud

The cryptocurrency ICO, Intra Tech, which was promoted by the legendary boxer Floyd Mayweather, has just been charged with fraud!

Intra Tech, the company that raised over $32 million through an ICO last year, has recently been filed charges against by the US Securities and Exchange Commission (SEC). According to the SEC, Centra lied about having relationships with large financial institutions — including Visa, Mastercard, and Bancorp — firms which sent Centra numerous cease-and-desist letters.

Auch... Floyd definitely didn't hit this investment as accurately as he hits his opponents!...
Read more

3- Monex Shares Jump Following News Of Coincheck Acquisition

There have been some rumors lately that Monex Group, a Tokyo-based financial services group, is considering buying Coincheck!

Shares in Monex jumped over 23% off the news that the retail investor was eyeing the Japanese exchange that was notoriously hacked this year. This would be the saving grace for Coincheck! After the $500 million NEM hack, the exchange has been in some deep trouble...
Read more

4-How Much Does McAfee's Promotion Cost?

A so-called "crypto influencer”, John McAfee, has been definitely known for shilling a lot of "GREAT" and often really "LEGIT" cryptocurrency projects...

But now, there's actually been released some information about how much companies are willing to pay for a John McAfee tweet!

While prices for many of the services are not listed, something that might sound shocking, especially for someone who's not into social media marketing, is the fact that his clients are willing to pay OVER $100,000 for a shoutout of his!
Read more

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Biggest Events Taking Place In Tomorrow

4th of April

1- World Tour 2018 - Germany

The first large-scale conference in Berlin organized by Smile-Expo, dedicated to cryptocurrencies, blockchain, and ICOs.
Source

2- WAX (WAX): Block 2 The Future

WAX at Block 2 "the Future" in San Francisco, CA on 4th of April.
Source

3- OmiseGO (OMG): "Town Hall"-Event

OmiseGO on Twitter: "Upcoming Event: OmiseGO Town Hall 0x2: Plasma Edition. Join us for the second OmiseGO virtual town hall to discuss Plasma on April 4th, 2018!"
Source

4- Quantstamp (QSP): Beyond Blocks

Quantstamp CEO Richard Ma will be speaking at Beyond Blocks conference in Tokyo.
Source

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Top Gainers Of The Day

These are the top gainers of the cryptos ranked as 1-100 on CoinMarketCap

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Steem taking the second place! Let's go :)!

Top Gainers Of The Day

These are the top gainers of the cryptos ranked as 101-200 on CoinMarketCap

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Top Losers Of The Day

These are the top losers of the cryptos ranked as 1-100 on CoinMarketCap

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Top Losers Of The Day

These are the top losers of the cryptos ranked as 101-200 on CoinMarketCap

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That's it!

Regulations, fraud ICOs, John McAfee, and all the other elements of a basic news day in crypto! But seriously, Floyd Mayweather is a guy who has so much money that he doesn't give a single f*ck about one investment gone wrong...

By the way, if you would be representing a cryptocurrency company, would you pay over $100k for a John McAfee shoutout?

< social media marketer mode >
I definitely would! Not because I like the guy (I actually really dislike him), but because it's actually a really great way to reach people. The guy has over 800,000 followers... And the actual reach of McAfee goes far beyond his own followers! If you have an actual project (not some of these sh*tcoins that McAfee promotes), this would be a great way to reach over one million people for under a penny/person.
</ social media marketer mode >

What do you think about the current situation of the markets? Up for the 24h!

Share your thoughts about the current situation of cryptocurrencies in the comments below! I'd love to hear them!

I hope you enjoyed this Daily Crypto News-article :)!

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Other Posts You Should Check Out!

Daily Crypto News:

2nd of April (DCN #27)

1st of April (DCN #26)

31st of March (DCN #25)

30th of March (DCN #24)

29th of March (DCN #23)

Honest Altcoin Reviews:

Reddcoin (HAR #2)

Substratum (HAR #1)

Top 3 Steemit Articles Of The Week:

Week 12 (Competition #3)

Week 11 (Competition #2)

Week 10 (Competition #1)

Miscellaneous

Thank you Steemit (UPDATE POST)

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Social Media:

YouTube: https://www.youtube.com/channel/UCyiPWuo_OFu11krZljVW7Rw
Reddit: https://www.reddit.com/user/cryptokid_
Steemit: https://steemit.com/@cryptoteen
Twitter: https://twitter.com/Cryptokid0
DTube:



I really hope you'll have a great and a productive day :)! Work hard and f*cking CRUSH IT! Keep working hard, chasing your dreams, and the results will come!

Peace!

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