Australian clinic starts accepting payments in crypto

Dental on Flinders clinic accepts BTC, BCH, DASH, LTC, ETH, Ripple, and Dentacoin, and plans to accept up to 50 cryptocurrencies as a method of payment for dental services 
09 January 2018   426

Dental on Flinders, a dental clinic located in Melbourne, offering all aspects of general, restorative and cosmetic dentistry, has announced accepting cryptocurrency as a means of payment.

Australian dental clinic states that it will be accepting a range of different cryptocurrencies, aiming to accept up to 50 major currencies, and having preference over the currencies with fast transaction times and low fees such as BCH, LTC and DASH.

In his white paper, Satoshi Nakomoto envisioned Bitcoin to ultimately be a universal currency which could be used in exchange for goods and services. We’re excited to be one of the first to implement this and we invite you to get involved!
 

Dental on Flinders statement towards cryptocurrency

On January 9 of 2018, it came to light that the advanced Australian dental clinic added Dentacoin (DCN) to the list of accepted cryptocurrencies. 

Dental on Flinders became the sixth dental clinic to accept Dentacoin as a means of payment, while the other partner clinics include F3T Dental Clinic (London, United Kingdom), CONTIDENT (Budapest, Hungary), Swiss Dentaprime (Varna, Bulgaria), Dentech Dental Care (Pune, India), Mr. iTeeth (Taipei City, Taiwan).

Dentacoin is showing an incredible rise in price lately, having increased 800% during past 7 days and jumping to the 9th position in the list of tokens ranked by market capitalization. The market cap of the coin jumped from $165 million on January 2 to the point of $2,4 billion on January 8.

Dentacoin charts january 2018Dentacoin Charts for January 2018

At the moment of press, these are the main market parameters of Dentacoin:

  • Average Price: $0,0046
  • Market Cap: $1 502 947 878
  • 24h Volume: $16 772 000

SEC Suspends Trading in 3 Companies

On Friday The U.S. Securities and Exchange Commission temporarily suspended the trading of three companies as they made the purchase of cryptocurrency and blockchain-related assets
17 February 2018   103

According to the announcement, the trade of  Cherubim Investments, Inc., PDX Partners, Inc., and Victura Construction Group, Inc. will be suspended between 9:30 a.m. EST Friday and March 2. The notice was dated Feb. 15.

SEC stated that its trading suspension orders state that recent press releases issued by CHIT, PDXP, and VICT claimed that the companies acquired AAA-rated assets from a subsidiary of a private equity investor in cryptocurrency and blockchain technology, among other things.

The release also indicates additional reasons for the suspensions. The agency’s orders also say there are questions regarding the nature of the company's business operations. In case of CHIT, the Commission suspended trading in the securities because of its delinquency in filing annual and quarterly reports.

In August 2017, the SEC  issued a warning for investors about the companies that may publicly announce ICO or coin-related events to affect the price of the company’s common stock.

Fraudsters often try to use the lure of new and emerging technologies to convince potential victims to invest their money in scams. 

U.S. Securities and Exchange Commission