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Blockchain CEO Peter Smith: “We’re excited to add an entirely new way for users to get their first crypto. By growing the Blockchain community, we can help more people own and control their financial future.” (

Blockchain cryptocurrency wallet has announced it will hold an airdrop that will give 30 million users a total of $125 million worth of Stellar digital coins to help promote widespread use.
Bitcoin was among the many cryptocurrencies that experienced a widespread growth at the start of the week. (image:

The top 20 cryptocurrencies, including Bitcoin, Ethereum and DASH, all started the week with an increase in their prices, with a rise of between 1 and over 5 percent.
UK aims to broaden its regulatory scope of digital products that have the potential for “illicit activity" (image:

A new report by the finance ministry, Bank of England, and Financial Conduct Authority (FCA) said Great Britain must improve its regulation of cryptocurrencies and ban those that pose the risk.

Coinbase CEO Zeeshan Feroz announced that the cryptocurrency exchange would open offices in Dublin while keeping its headquarters in London, in preparation for a possible hard Brexit.
Tylor and Cameron Winklevoss still believe in Bitcoin's potential. Image: REUTERS/Lucas Jackson

The Winklevoss twins are still bullish about Bitcoin’s future and are preparing to make the first moves to bring their Gemini Trust Company cryptocurrency exchange to the United Kingdom.
Nicky Morgan: "This unregulated industry leaves investors facing numerous risks.”

The UK Treasury Committee released a report this week in which it sought to regulate the “Wild West” of the cryptocurrency industry in order to protect consumers and prevent money laundering.

China issued a warning against cryptocurrency speculation in its latest effort to stop trading of yuan against digital currencies, even as it continues to support blockchain tech development.
Insurance or Crypto-curency. Image: REUTERS/Toby Melville

Lloyd’s of London has sold its first cryptocurrency insurance policy to Kingdom Trust, a crypto custody services firm based in the United States.

Despite the mild recovery Bitcoin prices experienced in July following two months of declines, the price will continue to grow but not at a rate that will reach 10k by 2018’s close, said a new report.
Representations of the Ripple Bitcoin Etherum and Litecoin virtual currencies are seen on motherboard in this illustration picture

More than 800 digital coins are now worthless, drawing comparisons with the dotcom bubble that burst in 2000, leaving tech stock investors nursing heavy losses.