The Crypto Market Just Hit a New Low for 2018
Cryptocurrency investors continue to turn risk averse as the total cryptocurrency market capitalization sinks to a new annual low.
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On-Chain Real Estate Startup Propy Raised $1.2M in Draper-Backed Round
Blockchain-based real estate startup Propy raised at least $1.2 million in a recent funding round that included Tim Draper and Michael Arrington.Propy, which seeks to digitize the real estate transaction process, said in Sept. 15 SEC filings it still intends to raise an additional $500,000 for a total round of $1.7 million.“They have thought through…

S.L. Benfica Is The First Major European Football Club To Accept Cryptocurrency
news Portugal’s most popular football club has become the first of its kind to accept cryptocurrency payments after announcing its partnership with the UTRUST payment platform. S.L. Benfica is the first major football club in Europe to allow the purchase of its merchandise in cryptocurrency. This allows fans to pay using UTRUST token (UTK) in…

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
India has not introduced any changes to its controversial tax deducted at source (TDS) policy that is affecting the crypto industry.The nation's finance minister Nirmala Sitharaman revealed the budget in parliament on Thursday as usual. Expectations were low for a change in the stiff taxes on crypto transactions, which include a 30% tax on profits

Inside the Museum of Bitcoin: An Interactive Tour of Crypto History
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Solana Adds ‘Blinks’ and ‘Actions’ So Users Can Trade Crypto On Their Favorite Social Apps
The Solana blockchain has been the epicenter of crypto's latest "meme coin" frenzy, and a new set of features for the chain – so-called Actions and Blinks – could help make meme coins and other buzzy blockchain trends accessible to a wider audience.Developed by the Solana Foundation in partnership with the Solana development shop Dialect

First Mover Americas: Optimism’s OP and Solana Rally
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesSolana’s SOL neared $100 early Friday as hype for the blockchain’s speedy transactions, cheap fees and a lottery of meme coin issuances extended into a third

The SEC Is Setting Up a New Division to Talk to ICO Startups
The U.S. Securities and Exchange Commission (SEC) is launching a new division with the goal of making it simpler for fintech startups – including those launching initial coin offerings (ICOs) – to navigate the legal implications of their products. Announced Thursday, the Strategic Hub for Innovation and Financial Technology (FinHub) will act as a central point…

Stablecoins Gain Traction as Inflationary Shield in Latin America, Europe Also Sees Growth
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Marina Lammertyn is a CoinDesk reporter based in Argentina, where she covers the Latin American crypto ecosystem. She holds no crypto.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Stablecoin adoption worldwide continues apace…