Charity project gained $9000000 dollars in BTC in six month

Bitcoin and blockchain technology help charity fund 
30 June 2017   1607
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks
 

Bitcoin

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Fidelity Charitable, the charity fund, part of the fund giant Fidelity Investments, gained nearly $9 000 000 in bitcoin during the first half of this year, according to its financial report.

Last year Fidelity Charitable gained $7 000 000 in bitcoin. For first half of 2017, this number is "beaten" $2 000 000 more. According to mentioned report, the whole fund gained $2 000 000 000 for the first half of 2017.

This information was provided after CEO of Fidelity had a speach at CoinDesk's Consensus 2017 blockchain conference. She talked about deep interest of the fund in blockchain industry. 

Fidelity was established in 1991, began bitcoin raising in 2015. It has helped to support more than 235,000 nonprofit organizations with more than $26 billion in grants.

Line to Launch Bibox Exchange in Singapore

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem
16 July 2018   109

One of the most popular messengers in Asia Line has launched a Bitbox exchange in Singapore. Trading on the platform started this morning and is limited to pairs with crypto-currencies, Cryptovest reports.

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem.

BITBOX is only for trading cryptocurrencies (Digital Tokens). Fiat currencies (USD, KRW, etc.) cannot be exchanged on BITBOX.
 

Bitbox Website

Bitbox charges a 0.1% commission and supports 15 languages, including English, Korean, Chinese, Spanish, French and German. In Russia, the US, Japan and some other countries, the exchange is not available.

At the beginning of the year, Line Group applied for a license to the Japan Financial Services Agency, but the process dragged on because of tightening of the regulator's requirements in the light Coincheck exchange hack. All crypto exchange, wishing to provide services in the Japanese market, are required to obtain permission from the local regulator.

Currently, Line is also in the process of obtaining a license in the US. The company decided to open its first trading platform for crypto-currencies in Singapore, as this city-state adheres to a progressive approach to the regulation of the digital currency sphere.

With cryptocurrency, we are going to take our challenge in financial services global.
 

Takeshi Idezawa

CEO, Line

In May, Line Group denied rumors that it intends to release its own token and distribute it through the ICO. Every month Line is used by about 200 million people. The messenger is extremely popular in Japan, South Korea and Thailand.