solarisBank Offers Special Accounts to Blockchain and Cryptocurrency Firms

09-July-2018-1stpost
SPECIAL ACCOUNTS TO BLOCKCHAIN AND CRYPTOCURRENCY FIRMS

solarisBank a bank based out of Berlin has launched “Blockchain factory” solution that offers financial management services to firms whose business operations deal directly and indirectly with cryptocurrency solutions and blockchain technology. Roland Folz, the CEO of solarisBank stated – There is high demand from the blockchain world for a licensed partner that forms the technological and regulatory bridge to traditional banking — as a technology company with a banking license, we are the natural partner,”.  The Blockchain Factory aims to reshape the vision of decentralized banking by empowering the pioneers that are building it.

Read more at Bitcoin.com.

Over 800 cryptocurrencies are now dead

cryptocurrencies dead cnbc

In the last few years, cryptocurrencies have been cropping up across the world. While, these blockchain based projects have raised massive amounts of capital, overall they have failed to deliver what was promised in their white-papers. Few who delivered survived, while the rest perished. Over 800 of these crypto currencies are now dead, adding to comparisons between the current digital coin market and the dotcom bubble in 2000.

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Crypto Exchanges Being Censored In Iran

Iran crypto

Now, firsthand accounts from Tehran imply a quiet push toward stricter censorship is currently underway. (To date, the Rohani administration hasn’t issued any official statements condemning individual cryptocurrency users.) According to a second anonymous source in Iran, however, it appears as though government censors are now examining network traffic via a process called “deep packet inspection”– a tactic Iranian authorities used in the past– to restrict VPN access to crypto platforms.

Read more at CoinDesk

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