• Beeks Financial Cloud to Host BeQuant’s Matching Engine
    The collaboration is part of Beeks on-going expansion of its cryptocurrency offering. ... read more
    Source: Finance MagnatesPublished on 2019-02-28By Celeste Skinner
    5 months ago
  • Square Records $166 Million in Bitcoin Revenue in 2018
    Despite the impressive revenue, the firm pocketed only $1.69 million from BTC sales. ... read more
    Source: Finance MagnatesPublished on 2019-02-28By Arnab Shome
    5 months ago
  • Singapore Sovereign Wealth Fund Invests in Cryptocurrency Exchange – Report
    US cryptocurrency exchange Coinbase received the majority of its $300 million 2018 funding round from a fund owned by the Singapore government, anonymous sources have revealed. GIC Private Surprise Funding Round Participant Speaking to Bloomberg, people “familiar” with the details of the fundraising deal said that GIC Private Limited (formerly Government of Singapore Investment Corporation), invested in the company. Officially announced last October, Coinbase said its Series E cash injection had come from the likes of Andreessen Horowitz and Polychain, but at the time did not mention GIC. The round accompanied a valuation which reached a giant $8 billion. At the time, Coinbase said it would use the funds in areas such as international expansion and increasing the number of cryptocurrency assets available. GIC is the world’s ninth-largest government wealth fund, managing an estimated $359 billion as of June 2018. Coinbase Headaches Stack Up That expansion has since become a source of controversy for the exchange. As Bitcoinist reported, its acquisition of blockchain data startup Neutrino, announced last week, sent ripples through the cryptocurrency community after it emerged the latter’s CEO was involved in a notorious data spying operation. The debacle focused on Giancarlo Russo, Neutrino’s ... read more
    Source: BitcoinistPublished on 2019-02-28By Esther Kim
    5 months ago
  • Singapore – Wealth Fund GIC Helped Coinbase Raised Millions, Hooking up Institutional Investors
    Often reports reveal that the bear market is keeping institutional inventors away from crypto space – however, the market players frequently present the newer approach that hooks them up in a decentralized world. GIC, the Singapore’s sovereign wealth fund reportedly debuted their second investment in Crypto era – first being Bitmain (as reported by finder.com) while very recent one goes to Coinbase Exchange. Catching the Interest of Institutional Investors According to Bloomberg reports, Sovereign wealth fund, GIC in the year 2018 help Coinbase exchange raise $300 million – adding that an unknown source concerning the matter had revealed the information. Furthermore, Coinbase had raised this fund ($300 million) in a Series E equity financing round during Octobers 2018 – Nevertheless, the firm failed to disclose the name of GIC when naming the investors involved in October funding round. In particular, Coinbase revealed the firm’s name as– Wellington Management, Tiger Global, and Andreessen Horowitz. Other than these investors, there was no information on GIC’s participation in Coinbase’s investment round came into the picture from either party. GIC has in total $100 billion assets in over 40 countries worldwide – established by the Govt of Singapore in the year 1981. However, the ... read more
    Source: CoinGapePublished on 2019-02-28By Tabassum
    5 months ago
  • Japan Saw 7000 Crypto-Related Money Laundering Cases in 2018
    The authorities are exploring to integrate artificial intelligence to bust such crimes. ... read more
    Source: Finance MagnatesPublished on 2019-02-28By Arnab Shome
    5 months ago
  • Coinomi Strikes Back: “We Don’t Negotiate with Blackmailers”
    A one-man defamation campaign alleging software vulnerabilities has been launched against Coinomi. ... read more
    Source: Finance MagnatesPublished on 2019-02-28By Rachel McIntosh
    5 months ago
  • Fidelity Backs Coin Metrics in $1.9 Million Funding Round
    The asset management firm is also developing its own crypto trading platform. ... read more
    Source: Finance MagnatesPublished on 2019-02-28By Arnab Shome
    5 months ago
  • XRP Head Confirmed – XRP Listing on Coinbase Pro is Coinbase’s Independent Decision
    The controversial listing of XRP on Coinbase Pro was leading the debate – which leads to aggressive questions such as ‘amount Ripple gave to Coinbase to list XRP’ and many other. However, on Feb 27, 2019, XRP head, Miguel Vias, took to Twitter, clarifying the instance. Concerning the rising debate over XRP listing on Coinbase Pro, the Ripple ’s head of XRP market, Miguel Vias attempted to address the questions, he confirmed – it was ‘Coinbase’s independent decision’. By quoting an investor Alistair Milne’s tweet who wrote ‘Did Ripple pay Coinbase for their token being listed?’ Mr. Vias says that;
    We’re happy to go on the record. Coinbase’s listing of XRP (also, not “our token”) was Coinbase’s independent decision – we did not give them anything to make it happen. https://t.co/xTVvACqsQa — Miguel Vias ⚡ (@miguelvias) February 27, 2019 While XRP head confirmed that it solely exchanges’ decision, Coinbase’s isn’t commented anything on it yet. Besides this, the experts are debating on yet another question, stating that why did Coinbase list XRP on Coinbase Pro now, citing the existed Ripple’s class action lawsuit for XPR’s securities classification. Nevertheless, they say ‘Coinbase is tried to save itself ... read more
    Source: CoinGapePublished on 2019-02-28By Tabassum
    5 months ago
  • Square Reports Biggest Bitcoin Revenue To Date At $52M
    Square, the payment network from Twitter CEO Jack Dorsey, turned more Bitcoin revenue in Q4 2018 than at any time since it began support for the cryptocurrency. Q4 Beats Bitcoin Record Data from the company’s Q4 earnings report this week confirmed its Bitcoin sales topped $52 million, beating Q3’s $43 million and far outstripping the $37 million from Q2. Users of Square’s Cash app have been able to buy and hold Bitcoin since last year, a service which has proven surprisingly popular among the product’s mainstream US consumer base. The figures are a boon for Dorsey, who this week hinted at impending integration of more Bitcoin technology into Square Cash. “For the year ahead we continue to focus on three things and we will continue to strengthen our omni-channel offering,” Dorsey told CNBC in a statement February 27. That means that we add strength to in-person payments, to mobile payments and also to online. We’re really excited about everything we’re doing in financial services. Balancing The Books Revenue versus profit for Square remains tight on Bitcoin; the cost of buying up the cryptocurrency accounts for almost all the sales revenue due to the de facto lack of ... read more
    Source: BitcoinistPublished on 2019-02-28By Esther Kim
    5 months ago
  • Cryptojacking-Associated Mining Service ‘Coinhive’ Shuts Down
    Coinhive said in a blog post that the shutdown is the result of economic inviability. ... read more
    Source: Finance MagnatesPublished on 2019-02-28By Rachel McIntosh
    5 months ago
  • Binance CEO Encourages Coin Adoption Citing Litecoin Partnership With CU Entertainment Global
    This week, the average trading volume of few cryptocurrencies are running on a peak – which is perhaps influencing the market cap of other coins as well. In fact, the XRP listing on Coinbase Pro, Decentaland’s boost from HTC partnership and very latest, LTC partnership with CU Entertainment Global are encouraging the daily trading volume of the respective currencies and other coins in addition. CZ Talks About Coin Adoption Addressing the similar context, Changpeng Zhao or CZ, the founder of the largest cryptocurrency exchange, Binance is bullish on coin adoption globally. As such, concerning the latest headlines of ‘Litecoin’s move towards the entertainment industry’, CZ says;
    adoption of one coin is good for the rest of us too. Go @SatoshiLite https://t.co/CMXOzRk7Cz — CZ Binance (@cz_binance) February 27, 2019 To note, LTC at press time ranks #5, trading at $45.98 with the rising volume of 1.16 percent over the past 24 hours. In particular, the average trading volume of LTC counts $2,789,200,518 – graph as per coinmarketcap is shown below Purchasing Ultra VIP Tickets Using LTC To note, the Litecoin foundation has recently announced that they’re tieing up with CU Entertainment, K-P0p concert production company that aims ... read more
    Source: CoinGapePublished on 2019-02-28By Tabassum
    5 months ago
  • Samsung’s Crypto Phone: the Start of a Revolution or a PR Stunt?
    There's a lot of buzz around Samsung's newest smartphone. But what does it really mean for the industry? ... read more
    Source: Finance MagnatesPublished on 2019-02-28By Rachel McIntosh
    5 months ago
  • Owner of My Big Coin Pay Charged with $6M Investment Scam
    The CFTC’s authority had been challenged as My Big Coin lawyers said it is not a commodity. ... read more
    Source: Finance MagnatesPublished on 2019-02-27By Aziz Abdel-Qader
    5 months ago
  • Did Ripple Pay Coinbase to Break Its Own Policy and List XRP?
    As XRP trading went fully live on Coinbase Pro, a new report outlines that the cryptocurrency exchange has violated its very own listing framework.  Coinbase Breaching Its Own Rules XRP trading went live on Coinbase Pro on February 25th. Formerly known as GDAX, the platform provides traders with more advanced features compared to the regular one known as just Coinbase. Naturally, the price of XRP 00 surged following the announcement, gaining over 10 percent on the news. A new report by Diar, however, points out that Coinbase Pro has breached its very own listing policies in order to include XRP in its trading portfolio. According to GDAX’s Digital Asset Framework, one of the considerations Coinbase evaluates prior to listing a new cryptocurrency is team ownership. More specifically, the document reads: The ownership stake retained by the team is a minority stake. Diar, on the other hand, argues that Ripple “holds nearly 60% of the supply in escrow with a release schedule.” It’s also worth noting in January, cryptocurrency data company Messari issued a report suggesting that Ripple may be overstating the digital token’s real market cap by as much as 47 percent. Was the Listing Paid For? Meanwhile, investor and entrepreneur as well ... read more
    Source: BitcoinistPublished on 2019-02-27By Georgi Georgiev
    5 months ago
  • London Exchange Leads $20M Investment in Blockchain Startup
    The investment comes at a time when several crypto startups are cutting back on staff as cryptocurrency bear market persists. ... read more
    Source: Finance MagnatesPublished on 2019-02-27By Aziz Abdel-Qader
    5 months ago
  • XRP Price Analysis: Are We Going to Break Out From The Descending Wedge?
    Price has been following an ascending support line over the past 30 days. It made an unsuccessful attempt at breaking above the resistance at $35, before creating a double top pattern on February 23rd and dropping back to the support line. Since the subsequent bounce, the price has been trading in a descending wedge for the past 2 days and 7 hours, with two unsuccessful attempts at breaking out above resistance. Key Highlights: The first significant support area is found near $0.29, effectively making a double bottom pattern. The first resistance area is found near $0.35 The breakdown from the double top was preceded by bearish divergence in the RSI. Price is trading inside a short-term descending wedge. Price is trading below the short-term moving averages. XRP Price Analysis – XRP/USD 2-hours Chart Chart Source: TradingView, Bitfinex A look at the 2-hours chart for XRP/USD shows that price rallied up to $0.35, making a double top pattern, which when found in an uptrend, is considered a reversal pattern. The resistance area also coincides with the 0.618 fib line measured in the range from $0.38 to $0.29. Furthermore, the price is following an ascending support line which has been ... read more
    Source: CoinGapePublished on 2019-02-27By Valdrin Tahiri
    5 months ago
  • London Stock Exchange Leads $20M Investment Into Blockchain Startup
    The London Stock Exchange Group (LSEG) has reportedly led a $20 million investment round in a fintech startup called Nivaura, which is behind the issuance of the first automated cryptocurrency-denominated bond.  London Stock Exchange Invests in Tokenization Startup The LSEG has led an investment round worth $20 million in the startup Nivaura, Reuters reports. The stock exchange has paid an undisclosed amount to acquire a minority stake in the startup. Other investors in the round include Santander InnoVentures which is Banco Santander’s venture capital arm. Nivaura is the company behind the reportedly first crypto-denominated and blockchain-settled bond in 2017. According to the Head of International Development at LSEG, Nikhil Rathi, the investment in Nivaura falls in line with the stock exchange’s plans to leverage new technologies to develop products, support growth, and boost efficiency. Cutting Costs for Raising Capital Nivaura provides the infrastructure to syndicate tokenized securities, registered on a blockchain. Supposedly, this is aimed at improving the otherwise expensive and inefficient process of issuing bonds and equities. The report also says that Nivaura is able to reduce the time required for a financial instrument to hit the market by as much as 80 percent. As detailed, this could ... read more
    Source: BitcoinistPublished on 2019-02-27By Georgi Georgiev
    5 months ago
  • Circle Taps NICE Actimizes for Crypto Market Surveillance
    Actimize’s compliance software can help both crypto firms and law enforcement agencies detect suspicious activity. ... read more
    Source: Finance MagnatesPublished on 2019-02-27By Aziz Abdel-Qader
    5 months ago
  • Venezuela Gets $1M Bitcoin Aid Project As Trading Records Continue
    A new project by cryptocurrency wallet platform AirTM and artist cryptograffiti is aiming to raise $1 million in aid for Venezuelans via an interactive Bitcoin installation. Airdrop Venezuela To Give Away $1 Million Airdrop Venezuela, which is underway in the Columbian town of Cúcuta, is leveraging the Bitcoin blockchain to allow direct financial aid to Venezuelans from abroad. The partnership has created a wall mural of incumbent president Nicolas Maduro, composed of banknotes of Venezuela’s inflation-stricken currency the Sovereign Bolivar (VES). Participants send a donation to a Bitcoin address, whereupon one of the VES notes is removed from the mural. “Funds raised go towards rebuilding a local daycare center and the 100,000 Venezuelan participants of (Airdrop Venezuela),” the project’s dedicated website explains. …Help the Venezuelan people literally and figuratively take down Maduro. Using a livestream, observers are able to watch the note removals in real time. “50% of the proceeds will help build proper facilities at the event venue,” AirTM explains. “…Airtm will distribute the other 50% of proceeds at the conclusion of the (Airdrop Venezuela) campaign in April.” A third organization, Crypto Conserje, will also use some of the funds as part of its on-site ... read more
    Source: BitcoinistPublished on 2019-02-27By Esther Kim
    5 months ago
  • ATFX Launches CFDs on Major Cryptocurrencies
    The broker has added CFDs on Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple (XRP). ... read more
    Source: Finance MagnatesPublished on 2019-02-27By Aziz Abdel-Qader
    5 months ago
  • Pangea Blockchain Fund Raises $22 Million, Backed by Roger Ver
    The fund is excepting to cap its fundraising at $200 million. ... read more
    Source: Finance MagnatesPublished on 2019-02-27By Arnab Shome
    5 months ago
  • In an Era of Tokens with No Real Use, ATRONOCOM Brings a High-End User Experience and a Real Use Case of a Cryptocurrency to the Marketplace
    ATRONOCOM, an ultra-secure payments and messaging platform in one of the world’s fastest developing markets, will be launching the beta version of its platform on March 11, 2019, to the first 500 people to sign up. On the same date, residents of Brazil will be allowed to open full accounts and begin trading via the […] Source ... read more
    Source: CryptocurrencyGuide.orgPublished on 2019-02-27By CCG
    5 months ago
  • Nasdaq Begin Live Bitcoin and Ethereum Indices With Firm Planning to Roll XRP Liquid Index
    Announced on Feb 26, 2019, NASDAQ started a live listing of cryptocurrency prices after two weeks of official announcement. By integrating BraveNewCoin’s (BNC) Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX), the second largest stock exchange, NASDAQ is sending real-time crypto price information on its Global Index Data Service (GIDS). Concerning the latest listing, BNC’s CEO Fran Strajnar states that; The LX program was born out of a need for clear and transparent price discovery of liquid cryptographic assets and is a bigger need today then it was back in 2015 when we started this program” After the quick decline, the crypto market is back with a green signal again – in particular, BTC is turned positively with 0.82 percent, and ETH with 2.17 percent over the past 24 hours respectively. Furthermore, the other leading cryptocurrencies are also influenced with quite a good turn – as shown in the below figure. BraveNewCoin will soon launch XRP liquid index Beside BTC and ETH indices, the official announcement also revealed that BraveNewCoin will soon launch XRP liquid index as well which they termed it as ‘Ripple Liquid Index or RLI. However, its worth to note that the move followed ... read more
    Source: CoinGapePublished on 2019-02-27By Tabassum
    5 months ago
  • Coinomi Wallet Transmits Plain-Text Seed Phrase…For Spellchecking!
    Bitcoin software (and hardware) wallets are open to a bewildering array of attack vectors, because… well, money. Hackers will always be trying to exploit vulnerabilities or find back-doors. But Coinomi wallet apparently made things a bit too easy, by sending a plain-text seed to Google API for spellchecking. How Do You Spell ‘Cleaned Out’? The bug came to light after a user noticed $60k-70k of cryptocurrency had disappeared after installing the wallet. The user had entered the passphrase for another wallet into the restore field, to move some unsupported assets. A week later 90% of his main wallet funds were missing, comprising purely the Coinami-supported assets. Some further investigation, using software to monitor http traffic from running applications, revealed the bombshell. When entering a passphrase in the ‘Restore Wallet’ field, it is sent as plain-text to googleapis.com for spell-checking. You can witness this in the video below: https://avoid-coinomi.com/files/coinomi_http_traffic_video.mp4 How Do You Spell ‘WTF’? In fact, entering any random sentence with a spelling mistake will result in a red-underline once the spellchecker has done its business. But why on earth would a wallet ever need to send the seed (or any other text) to a spellchecker? Spoiler… it wouldn’t. Apparently the ... read more
    Source: BitcoinistPublished on 2019-02-27By Emilio Janus
    5 months ago
  • Bitcoin Price Analysis: Will The Price Break Out Above The 0.382 Fib Line And Reach $4000?
    The price of BTC/USD reached $4225 on February 24th, before creating bearish divergence in the medium-term and breaking down. The price is currently trading online with the short-term moving averages which have made a bearish cross. After the drop, the price has been struggling to break out of the 0.382 fib line for the past 2 days and 22 hours. It has currently formed a very short-term support area at $3880-$3900. Key Highlights: There is major resistance near $4400. There are minor support areas near $3800 and $ 3700. There is short-term significant resistance at the 0.5 fib line at $4000. Bitcoin Price Analysis – BTC/USD – 2 Hours Chart Chart Source: Tradingview, Bitfinex A look at the 2-hour chart shows us that after reaching $4250, price broke down and formed a bearish engulfing candle with very significant volume. The breakdown was preceded by bearish divergence in both the RSI and the MACD. After the breakdown, price bounced on the support line that has been in place for 21 days and is currently trading at $3924, slightly above the support line. If the support line fails, the subsequent support area will be found near $3700. The 2-hour candles ... read more
    Source: CoinGapePublished on 2019-02-27By Valdrin Tahiri
    5 months ago
  • Cryptopia Discloses Vague Estimation of Stolen Crypto
    An unofficial estimation by a third-party put the minimum loss at $16 million. ... read more
    Source: Finance MagnatesPublished on 2019-02-27By Arnab Shome
    5 months ago
  • Binance Announces Its Support For Upcoming Ethereum’s Constantinople/St. Petersburg Upgrade
    The largest cryptocurrency exchange, Binance has announced to support the upcoming Ethereum’s Constantinople/St. Petersburg Upgrade which is set to occur this week. This time, the upgrade is scheduled for the same block height 7,280, 000 and will be expected to take place tomorrow on Feb 28, as per the official Ethereum blog post. Following the update, Binance early on Feb 27 announced to support for Constantinople/St. Petersburg Upgrade and informed to undertake the technical requirements to fellow Binancians who are holding ETH on its platform. The note from the announcement goes as follows; Binance would like to again confirm support for the upcoming Ethereum Constantinople/St. Petersburg Upgrade. Please leave sufficient time for deposits to be processed in full prior to the block height shown below. We will handle all technical requirements involved for all users holding Ether in their Binance accounts. Following the initial announcement by official Ethereum blog, published on Feb 22, this upgrade focuses on fixing the issues existed on various Ethereum test networks. However, the blog reads that the upgrade may fluctuate 1 or 2 days before or after the scheduled date due to the predictable nature of mining.
    Ethereum's Constantinople and St. Petersburg ... read more
    Source: CoinGapePublished on 2019-02-27By Tabassum
    5 months ago
  • Wyoming Signs 4 New Blockchain-Friendly Bills
    Lawmakers just signed four new blockchain bills in Wyoming, steaming ahead as the most blockchain-friendly state in the U.S. Let’s be honest. Most people outside of the U.S. have never heard of Wyoming. Yet, the home of the famed Yellowstone National Park, steep canyons, and gushing geysers is firmly on the cryptocurrency community’s radar. It started about a year ago, with blockchain friendly bills. But things really kicked off in earnest ever since governer Mark Gordon praised the local blockchain industry during his inauguration speech. Wyoming resoundingly voted to pass a blockchain bank bill despite mounting criticism. Then Cardano moved to the Forever West state. And just a couple of weeks back, Wyoming became the first state to give bitcoin owners full property rights. As if that wasn’t enough progress for you in an otherwise draconian country when it comes to cryptocurrency, yesterday the Wyoming Blockchain Coalition announced that they just signed four new blockchain bills in Wyoming.
    4 more bills signed by Governor Gordon. Thank you @Tyler_Lindholm @CaitlinLong_ @JaredSOlsen @SenatorDriskill @GordonGovernor for all of your work. pic.twitter.com/pmk2hMcwua — Wyoming Blockchain Coalition (@WyoBlockchain) February 27, 2019 Four New Blockchain Bills in Wyoming Wall Street ... read more
    Source: BitcoinistPublished on 2019-02-27By Christina Comben
    5 months ago
  • Aave Launches Platform to Pay Bills Using Crypto
    The platform currently supports 12 digital currencies. ... read more
    Source: Finance MagnatesPublished on 2019-02-27By Arnab Shome
    5 months ago
  • Coinbase Pro Allegedly Violating Listing Rules with XRP Offering
    Unlike most of the cryptocurrencies, XRP supply is controlled by its promoters. ... read more
    Source: Finance MagnatesPublished on 2019-02-27By Arnab Shome
    5 months ago
  • Coinbase’s Netutrino Acquisition Is On Debate– Company Responds to Expert’s Controversial Comments
    When Coinbase hits the announcement of the new acquisition of ‘Neutrino, a blockchain intelligence firm’, the web created the huge buzz around. However, the debate still continued. Experts on social media are discussing a lot more on the controversial acquisition. Neutrino’s Founder Was the Lead of Former Hacking Team Per the latest report by Coingape, the purchase deal states Neutrino’s team members to work with Coinbase. Nevertheless, experts like Ari Paul, CEO of crypto asset investment firm BlockTower and many other investigates that the founders and executives of Neutrino have earlier worked with the hacking team. To note, Neutrino was founded by Giancarlo Russo, Marco Valleri, and Alberto Ornagh in the year 2016. Before heading to why Ari Paul annoyed on Coinbase’s Neutrino’s team, it’s quite essential to note that the founders were the lead executives of a Hacking firm that used to sell ‘spyware tools to government Agencies across the world. And this made experts talk more controversial on this deal. So Ari Paul in his latest tweet call ‘Hacking team’ as deeply unethical and literally criminal’ that indirectly points out to the team Neutrino which is now become the team Coinbase. While quoting the research thread of a ... read more
    Source: CoinGapePublished on 2019-02-27By Tabassum
    5 months ago
  • ‘Free Speech Money’ – Why Bitcoin is Ideal for Gab’s New Dissenter Platform
    A new Reddit competitor called Gab Dissenter from Bitcoin-friendly social media network Gab.ai almost matched the daily active users on its first day of operations than all Ethereum DApps combined. Gab Dissenter Lets You Comment on Any Website Dissenter.com, which launched February 26, allows users to leave comments on any internet URL. Unlike Reddit, it has a decentralized structure. Participants paste any given URL into a separate field, principally a browser extension, type their comment and click on a ‘Dissent this’ button which syncs their text with the page’s URL. “There’s nothing… developers can do,” Gab CEO Andrew Torba explained in a video introduction to the platform earlier this week. The browser extension also contains voting facilities for both comments and URLs in a manner similar to Reddit up and downvoting. The initiative appears to have immediately struck a chord with the internet community. Google Trends data suggests this was instantaneous following the release of the introduction, while Gab itself recorded a total of nearly 7,000 users for launch day. That number puts Dissent close to the current daily active DApp user tally for Ethereum, according to dappradar.com. Perhaps unsurprisingly, users immediately took advantage of the ... read more
    Source: BitcoinistPublished on 2019-02-27By Esther Kim
    5 months ago
  • ICONLOOP Reportedly Planning to Proceed for an IPO at KOSDAQ
    The company raised $115 million via an ICO in 2017. ... read more
    Source: Finance MagnatesPublished on 2019-02-27By Arnab Shome
    5 months ago
  • Wall Street Doesn’t Want Private Keys So We Got Rid of Them, Says Crypto Startup
    Cryptography company Curve revealed its Institutional Digital Asset Wallet Service today, which aims to provide financial institutions and enterprises with a storage solution that makes their cryptocurrencies and digital assets instantly available — while also providing total autonomy and eliminating the need for private keys.  Curv claims that it is eliminating the need for somewhat-complicated private key access to institutional players looking to add cryptocurrencies and digital assets to their portfolios. The company says it is doing this via “a simple, distributed way to secure and sign transactions.” More specifically, Curv uses “proprietary multi-party computation (MPC) protocols” that signs transactions “in a fast, secure, distributed” manner that “protect[s] against cyber breaches, physical damage, and insider collusion.” This solution is a software-only service based on cloud technology that offers “a flexible, enterprise-grade policy engine that allows institutions to define risk profiles and enforce granular controls for all employees, machines and wallets, assuring compliance with organizational policies across all digital assets.” One may be forgiven for thinking the above information is simply a collection of impressive-sounding industry buzzwords which essentially states that ‘institutional investors don’t need to hold their own private keys.’ The statements made in the official press release are equally generic, ... read more
    Source: BitcoinistPublished on 2019-02-27By Elsa Saikkonen
    5 months ago
  • Bitcoin Price to Fluctuate Between $3K to $5K in 2019, Says Justin Sun
    TRON founder, Justin Sun, says the bear market is over but that Bitcoin will trade in a tight range in 2019. Bitcoin Will Trade Between $3,000 and $5,000 Speaking to Huoxing24, Sun declared that the cryptocurrency bear market was over. According to the TRON chief, Bitcoin won’t see another massive price breakout within the next three to five years. Instead, Sun expects the top-ranked cryptocurrency to fluctuate between $3,000 and $5,000. For Sun, 2019 is going to be a watershed year for cryptocurrencies, heralding several market breakthroughs. He pointed to the expansion of the lightning network and improvements in the DApp ecosystem as likely contributors to an increased level of crypto adoption. Sun’s comment came as part of an interview during the ‘Voice Your Love‘ charity event organized by the ALS Association in conjunction with TRON and Binance’s Blockchain Charity Foundation (BCF). Changpeng Zhao (‘CZ’), the Binance CEO, elected not to offer a forecast for Bitcoin. Instead, CZ declared that cryptocurrencies were here to stay and that blockchain technology would eventually affect society on a global scale. Blockchain to Boost Transparency of Charity Organizations Concerning blockchain, CZ also itemized a few benefits of decentralized technology adoption for ... read more
    Source: BitcoinistPublished on 2019-02-26By Osato Avan-Nomayo
    5 months ago
  • Swiss Watchdog Continues War on Unregistered Crypto Brokers
    The warning comes as many crypto firms are queuing up at the regulator’s door to get approval to offer their services. ... read more
    Source: Finance MagnatesPublished on 2019-02-26By Aziz Abdel-Qader
    5 months ago
  • Swiss Bank Julius Baer Launching Crypto Services to Meet ‘Increasing Demand’
    The Swiss private bank industry is stepping up its efforts to become a formidable world player in the crypto industry. Now, Julius Baer, one of the largest and oldest Swiss private banks, and SEBA Crypto AG are joining forces to offer their clients a range of digital asset services, in a fully regulated environment. Major Swiss Banks Embracing Cryptocurrencies The Julius Baer group is partnering with SEBA to respond to its clients’ growing demands for crypto asset services. According to the announcement on February 26, 2019, Julius Baer will enter into a partnership with SEBA to take advantage of their innovative platform and capabilities in order to provide Julius Baer clients with leading-edge solutions in the area of digital assets to meet an increasing demand.
    Julius Baer is pleased to announce the collaboration with SEBA Crypto AG to provide its clients with access to a range of new digital asset services. https://t.co/5ADODyL58s @WeAreSEBA — Julius Baer (@juliusbaer) February 26, 2019 At the announcement, Peter Gerlach, Head Markets at Julius Baer, remarked, At Julius Baer, we are convinced that digital assets will become a legitimate, sustainable asset class of an investor’s portfolio. The investment into SEBA ... read more
    Source: BitcoinistPublished on 2019-02-26By Julio Gil-Pulgar
    5 months ago
  • Bitcoin Price Analysis: Short-Term Symmetrical Triangle, When Will The Breakout/Breakdown Occur?
    The price of Bitcoin reached $4225 on February 24th, before creating bearish divergence and breaking down. The price is currently trading below the short-term moving averages which have made a bearish cross. In very short timeframes, the price is following an ascending support line since bottoming out at $3815 and has been trading inside a symmetrical triangle for roughly the past 19 hours. Important Notes There is major resistance near $4400. There are minor support areas near $3800 and $ 3700. Price is trading inside a short-term symmetrical triangle There is a very short-term bullish divergence in both the RSI and the MACD Bitcoin Price Analysis – BTC/USD – 4-Hours Chart Chart source: Tradingview, Bitfinex A look at the 4-hour chart shows us that after reaching $4250, price broke down and formed a bearish engulfing candle. The breakdown was preceded by bearish divergence in both the RSI and the MACD. After the breakdown, price bounced at the support line that has been in place for a little less than 20 days and is currently trading slightly above the minor support area at $3800 which coincides with the 0.5 fib line of the entire drop. If the support line ... read more
    Source: CoinGapePublished on 2019-02-26By Valdrin Tahiri
    5 months ago
  • Flash Hike: Decentraland [MANA] Price Skyrockets Over 45% After Partnership With HTC
    Partnerships have been a great way for projects to work around and bring real-life use to their coins and tokens. While many coins have already found great partners, Decentraland too has its right match as the coin announced its recent partnership with smartphone giant HTC. Decentraland [MANA] price up by 45% While partnership news has been a positive price mover for most coins and token, Decentraland news of a collaboration with HTC also had a similar impact. As the news of the collaboration hit the street, Decentraland coin broke all resistance levels and had an upward price break out of close to 45%. Source: Coinmarketcap   Source: Tradingview   Decentraland Partnership with HTC
    We're excited to announce our new partnership with HTC! We'll be working with HTC to bring the Decentraland ecosystem to the Exodus 1, HTC's blockchain enabled phone, complete with an integrated hardware wallet. Read more on our blog at: https://t.co/a5g8FhEhry pic.twitter.com/JE6vijVSBC — Decentraland (@decentraland) February 26, 2019 According to the news, Decentraland will debut on the HTC EXODUS 1, an industry leader in blockchain mobile devices. This means that all the users Decentraland assets can be securely stored in the Zion Vault, ... read more
    Source: CoinGapePublished on 2019-02-26By Nilesh Maurya
    5 months ago
  • Samsung Really Wants Cryptocurrency Users to Ditch Their iPhones
    It’s now no secret that the Samsung Galaxy S10 will support decentralized applications (DApps) in addition to its hardware-backed secure storage for cryptocurrencies. But will this force Apple and other smartphone makers to also enter the crypto-arms race?  Samsung Galaxy S10 to Support DApps Last week Bitcoinist reported that the new flagship smartphone of Samsung, the Galaxy S10, will include a dedicated secure storage solution for storing private keys. News coming from the Samsung Mobile Business Summit in Barcelona confirmed that the storage solution will support Bitcoin, Ethereum, as well as altcoins called Cosmo Coin (COSM) and Enjin (ENJ).
    In a bizarre turn of events, Samsung today announced its wallet app at MWC. Supported assets: BTC, ETH, ENJ (some tiny in-game currency thing) and COSM (absolute shitcoin from Korea for buying beauty products – WTF?!) Hardly any details. I'd wager this doesn't ship on US models. pic.twitter.com/wXa0mJCYD2 — Udi Wertheimer (@udiWertheimer) February 25, 2019 In addition, however, the smartphone will also support select decentralized applications (DApps). As of yet, the only DApp available for Samsung Galaxy S10 is called Cosmee. Its decentralized nature, however, is questionable, to say the least. Cosmee is a Korean project developed by ... read more
    Source: BitcoinistPublished on 2019-02-26By Georgi Georgiev
    5 months ago
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