Venezuela thanks Trump for Petro ban. Daniel Peña, the executive secretary of Venezuela’s Blockchain Observatory, claims Donald Trump’s Petro (PTR) ban was free publicity for the oil-backed cryptocurrency. He says it helped double the number of interested investors. Trump’s move, he said, didn’t affect the Petro, but instead served as a “boomerang for the US government,” as it “aroused more interest in acquiring the Petro in the world.”
Gemini launches electronic block trading facility. Gemini, the cryptocurrency exchange run by the Winklevoss twins, is introducing a service that will allow traders to buy or sell large quantities of Bitcoins (Bitcoin) and other cryptocurrencies. The service is expected to go live on April 12. It will electronically broadcast orders to participating market makers simultaneously.
UAE-based startup issues sharia-compliant cryptocurrency. A Dubai-based startup OneGram, is issuing a gold-backed cryptocurrency, which it says is sharia-compliant. Each OeGram cryptocurrency unit is backed by at least a gram of physical gold stored in a vault. The idea is to limit speculation. OneGram coin (OGC) uses a unique proof-of-stake blockchain and assures that all transactions are near-instant and private.
Rockefeller family turns sights to cryptocurrency. Venrock, the Rockefelle family’s official venture capital arm (“Venture” plus “Rockefeller”), is looking to invest in cryptocurrencies. Venrock is teaming up with CoinFund, a Brooklyn-based cryptocurrency investor group, to help entrepreneurs build businesses based on blockchain.
The total cryptocurrency market capitalization stands at $249,391,061,255.
For the full list of ongoing ICOs click here.
By Siranush Ghazanchyan