Skip to content

Blockchain News Feed

All the latest news on Blockchain & Cryptocurrencies

Menu
  • Home
  • News
  • Exchanges
  • Market Analysis
  • YouTube
  • Brave Browser
Menu

The Daily: Akon Launches Akoin, ICO Mogul Buys $19M Land with Bitcoin

Posted on juni 21, 2018 by Blockchain News

The Daily: Akon Launches Akoin, ICO Mogul Buys $19M Land With Bitcoin

A musician who wants to use cryptocurrency to create a “real-life Wakanda” in Africa is the main feature in today’s edition of Bitcoin in Brief. Additional stories include an ICO mogul who bought land worth $19 million with bitcoin, a massive trove of Coinbase customers’ complaints and more.

Also Read: Control of Highly Demanded Crypto Classes May Spark Turf War at Universities

Akon Launches Akoin

The Daily: Akon Launches Akoin, ICO Mogul Buys $19M Land With BitcoinAkon, the Senegalese-American singer, is launching his own cryptocurrency token called Akoin. The stated purpose of the project is to build a futuristic city in Senegal that is meant to be a “real-life Wakanda”, referring to the fictional highly technologically advanced African nation featured in the recent Black Panther movie.

Speaking on a panel at Cannes Lions International Festival of Creativity, Akon explained: “I think that blockchain and crypto could be the saviour for Africa in many ways because it brings the power back to the people and brings the security back into the currency system. It also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down.”

According to the project’s website, the “100% crypto-based” Akon Crypto City is being built on 2,000 acres of land gifted to Akon from the President of Senegal. It’s within 5 minutes of the new international airport, close to the coast and a short drive from Dakar, the capital city of Senegal.

ICO Mogul Buys $19M Land with Bitcoin

The Daily: Akon Launches Akoin, ICO Mogul Buys $19M Land With BitcoinAccording to newspaper reports from Israel, the serial entrepreneur and cryptocurrency advocate Moshe Hogeg has bought 5,000 square meters of private land to build himself a new house in the very affluent community of Kfar Shmaryahu not far from Tel Aviv. The price of the real estate is about $19 million and he reportedly paid 15% of that sum in Bitcoin.

Hogeg is the man behind Sirin Labs, which raised $157.8 million in an initial coin offering (ICO) last year. The money was meant to be used to build an “ultra-secure” cold storage crypto wallet-phone which was promoted by soccer superstar Leo Messi.

134 Pages of Coinbase Customers’ Complaints

A stack of 134 pages full of costumer complaints against Coinbase, filed to the US SEC and the California Department of Business Oversight, have been obtained by Mashable following a five-month FOIA (Freedom of Information Act) process. The files show the frustration and anger of clients that felt they could not get adequate support for their issues with the platform.

The company sees the high number of complaints as a result of the mad rush to enter the crypto market last year. “In 2017, the cryptocurrency space experienced a profound uptick in mainstream awareness and growth,” explained a Coinbase spokesperson. “As part of that, consumer demand for our services increased by 40x and we experienced transaction volumes in November and December of that year that grew by 295 percent.”

Bitmain Is Back on Twitter

Chinese ASIC giant Bitmain Technologies has now regained control of its @Bitmaintech official Twitter account. As we reported a few days ago, the company was banned from the social network after trolls apparently convinced Twitter admins that the account belonged to a four-year-old.

Aaaaand we are back! We missed Twittersphere and it appears that some, like @Satoshi_N_ , missed us even more.https://t.co/x14bJoTkhD
Oh, and it feels good to finally be over 13 years old @Twitter /s

— BITMAIN [Not giving away ETH] (@BITMAINtech) June 20, 2018

Bittrex Adds ETH to USD

Bittrex, which recently introduced fiat currency support, has now announced the addition of support for Ethereum (ETH) to USD trading. Initially, the Seattle-based exchange offered the USD paired against just BTC, tether (USDT), and another stablecoin, Trueusd. The move can be seen as part of a larger trend by exchanges trying to gradually wean themselves off dependency on the controversial tether. It might also help to delink the price of ETH from BTC in terms of USD if more exchanges follow this move.

What do you think about today’s news tidbits? Could Akon’s crypto city succeed in building a real Wakanda? Share your thoughts in the comments section below. 


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post The Daily: Akon Launches Akoin, ICO Mogul Buys $19M Land with Bitcoin appeared first on Bitcoin News.


Source: Bitcoin.com
Original Post: The Daily: Akon Launches Akoin, ICO Mogul Buys M Land with Bitcoin

Ledger Nano X - The secure hardware wallet

Recente berichten

  • Potential BULLISH DOT Divergence | Polkadot Price Prediction
  • A NEW Coin Making BIG NEWS + The NEXT El Salvador? & This Would NORMALLY Be MAJOR News
  • Blockchain Analytics Firm Kaiko Raises $53M Series B Led by Eight Roads Amid Bear Market
  • Terra Classic spiked 17.63% in last 24-hour; reason might comfort you
  • Harmony Attacker Moves Over $44M Worth of Stolen Ether, Authorities Alerted

Categorieën

  • Altcoin Buzz
  • Altcoin Buzz News
  • AMBcrypto
  • Bitcoin.com
  • Bitcoinist
  • BTC Manager
  • CCN
  • Coin Mastery
  • Coindesk
  • Coinpower News
  • Cointelegraph
  • CryproSlate
  • Crypto Daily
  • Crypto News (.net)
  • Cryptocoin News
  • Cryptocurrency News
  • CryptoDaily.co.uk
  • CryptoPotato
  • CryptosRUs
  • Daily HODL
  • DataDash
  • Ethereum Worldnews
  • Exchanges
  • ICO's
  • Invest in Blockchain
  • Market Analysis
  • News
  • News BTC
  • Newsbit
  • Portfolio
  • Pricecheck
  • Ready Set Crypto
  • The Modern Investor
  • ToshiTimes
  • Use The Bitcoin

Archieven

  • juni 2022
  • mei 2022
  • april 2022
  • maart 2022
  • februari 2022
  • januari 2022
  • december 2021
  • november 2021
  • oktober 2021
  • september 2021
  • augustus 2021
  • juli 2021
  • juni 2021
  • mei 2021
  • april 2021
  • maart 2021
  • februari 2021
  • januari 2021
  • december 2020
  • november 2020
  • oktober 2020
  • september 2020
  • augustus 2020
  • juli 2020
  • juni 2020
  • mei 2020
  • april 2020
  • maart 2020
  • februari 2020
  • januari 2020
  • december 2019
  • november 2019
  • oktober 2019
  • september 2019
  • augustus 2019
  • juli 2019
  • juni 2019
  • mei 2019
  • april 2019
  • maart 2019
  • februari 2019
  • januari 2019
  • december 2018
  • november 2018
  • oktober 2018
  • september 2018
  • augustus 2018
  • juli 2018
  • juni 2018
  • mei 2018
  • april 2018
  • maart 2018
  • februari 2018
  • januari 2018
  • december 2017
  • november 2017
  • oktober 2017
  • september 2017
  • maart 2017
  • juni 2016
  • juli 2014
  • september 2013
  • augustus 2013
©2022 Blockchain News Feed | Design: Newspaperly WordPress Theme