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Bitcoin and cryptocurrency round-up: 28 March 2018

Posted: 28 March 2018 6:20 pm
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What's happening in cryptocurrency today?

Read about crypto payments in Korea, the problem with speculation, a new Binance scam, strange happenings at Verge and Ford's crypto for cars.

1. Bithumb makes bit payers out of bit players.

8,000 stores around Korea are expected to take crypto as currency soon.

The development comes courtesy of Bithumb, which has been moving in this direction for a while.

2. Do let your dreams be dreams.

Dreams are valued much more highly than reality in the crypto markets.

By the numbers, the most successful coins are those which promise the world in vague terms and never disappoint because they never make a real product.

3. blnnance wants your details.

Crypto enthusiasts, specifically those who signed up for certain projects, have been getting phishing emails.

The emails are from Binance. Sorry, blnnance. Spoiler: it's a scam.

4. This is, like, the third weirdest thing Verge has ever done.

There's probably no partnership on earth that can justify this.

Strange things are afoot.

5. Flip off other drivers on the blockchain – for a nominal fee.

Ford has patented a system by which drivers can let other drivers know how important they are and how much of a hurry they are in.

Ford's cryptocurrency system is much more civilised than the old way.

Disclosure: At the time of writing, the author holds ETH, IOTA, ICX, VEN, XLM, BTC and NANO.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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