Bitcoin 

New App Bottle Pay for ‘Sending Bitcoin via Social Media’ Raises $2M

A U.K. tech firm has raised a £1.6 million ($2 million) investment for an app that allows users to send Bitcoin (BTC) using their social media accounts. As reported in the North East Times, Oct. 11, Newcastle company, Block Matrix, received the funds to further develop its Bottle Pay platform. “Allow everyone to use Bitcoin” The Bottle Pay platform lets users transfer Bitcoin using their social media accounts. This enables payments to any social media contact regardless of whether they have a Bottle Pay account. The Bottle Pay app will…

Read More
Bitcoin 

New Zealand Radio Host Denies Shilling Bitcoin on Social Media

New Zealand radio personality Duncan Garner, who hosts The AM Show on MagicTalkRadio, has denied promoting Bitcoin (BTC) on Facebook. I don’t do any of that ‘coin’ Local news daily NewsHub provided a video of Garner denying his involvement in the Facebook promotions on Aug. 26. Following an interview about a recent privacy breach in the government of New Zealand, Garner said: “That is not me on Facebook pumping up Bitcoin […] I don’t do Bitcoin, I don’t do any of that ‘coin,’ I haven’t been on Facebook for a…

Read More
Cryptocurrency 

Media Misreports BTC Futures Status, Option ‘Coming Soon’

Earlier this week, United States-regulated crypto derivatives and clearing platform LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the country, therefore stealing a march on Bakkt and ErisX. However, the Commodities Futures Trading Commission (CFTC) soon refuted that information by stating that the exchange has not yet been properly cleared by the agency.  Now, a LedgerX official has told Cointelegraph that the media publication that broke the news — CoinDesk — had “misunderstood the scope of the launch,” which in turn led to the confusing…

Read More
Cryptocurrency 

Embattled Tron Creator Sun Apologizes to China in Deleted Social Media Post

Blockchain platform Tron’s founder, Justin Sun, sparked fresh controversy this week after he first posted and then deleted an online apology in an ongoing PR debacle.  Cryptocurrency-focused news outlet Cryptoslate reported the events, providing their own translation of comments Sun wrote and later removed from Chinese social media platform Weibo on July 25. Sun was due to have lunch with infamous Bitcoin (BTC) naysayer Warren Buffett on Thursday, a date he recently abruptly postponed due to reported ill health.  At the same time, Sun’s intense marketing of Tron, for which…

Read More
Ethereum 

McDonald’s, Nestlé and Virgin Media Join Blockchain in Advertising Pilot

McDonald’s, Nestlé and Virgin Media have joined a new blockchain pilot seeking to increase transparency in advertising online. Developed by the Joint Industry Committee for Web Standards (Jicwebs) — a British United digital ad trading standards body — the new initiative aims to assess the potential of blockchain in the digital ad supply chain, as business media outlet Campaign reports on July 16.  First announced in May 2019, the Jicwebs’ blockchain-powered pilot is now joined by global industry giants’ respective media agencies, Zenith, OMD UK and Manning Gottlieb OMD, who…

Read More