Crypto News

The Chamber of Digital Commerce urges the CFTC and CFPB to permit the introduction of blockchain-based products. United States blockchain advocacy group the Chamber of Digital Commerce has encouraged two major financial regulators to foster blockchain innovation, according to an official tweet on Feb. 19.The group has reportedly provided comments to the Commodity Futures Trading Commission (CFTC) and the Consumer…Read More

Solidus Labs, a trade surveillance firm backed by Goldman Sachs fintech veterans, raised $3 million from Hanaco Ventures. Solidus Labs has raised $3 million to combat crypto market manipulation, according to a press release shared with Cointelegraph on Feb. 20.Solidus Labs is a trade surveillance firm whose team includes former Goldman Sachs fintech engineers. The company reports to helps both…Read More

In this edition of The Daily we cover some largely supportive remarks the famous entrepreneur Elon Musk has made about Bitcoin, the latest academic institution to launch a blockchain R&D center, and a new offering from Malta-based exchange Xdat. Also Read: Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship Elon […] The post In the…Read More

Stablecoins will play a major role in crypto adoption, especially in developing countries, a new study from crypto entrepreneurs shows. Stablecoins will play a key role in mainstream adoption of crypto technologies, according to a report published by California-based stablecoin startup Reserve on Wednesday, Feb. 20.The report, entitled “The State of Stablecoins 2019: Hype vs. Reality in the Race for…Read More

Coinbase announced that support for Bitcoin Cash (BCH) has been added to its Coinbase Wallet app. United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Bitcoin Cash (BCH) to its Coinbase Wallet, according to an announcement published on Feb. 19. The update states that users can now store Bitcoin Cash on Coinbase Wallet, adding: “The new…Read More

From Venezuela to India, crypto is being increasingly used in times of economic crisis. Just when it seemed like the economic and political situation in Venezuela couldn’t get much worse, it has. Back in December, the Venezuelan bolívar witnessed its peak annual inflation rate for 2018, with this rate coming in at a dizzying 80,000 percent, according to the calculations…Read More

Major crypto wallet provider Blockchain.com opens its fifth office, announces building up a team in Lithuania. Major crypto wallet provider Blockchain.com has opened its fifth office location, continuing its expansion into Europe, the company announced in a blog post on Feb. 19.According to Blockchain.com, the company considered several locations in Europe, choosing Vilnius, Lithuania. The firm said it found that…Read More

Nearly half of millennial traders have more faith in cryptocurrency exchanges than they do in traditional ones. They are also enthusiastic about the prospect of traditional financial institutions offering crypto assets. That’s according to a new survey which shows a “generational shift” where millennials “place their faith in the power of technology and open networks.”  […] The post Survey: Nearly…Read More

The major Japanese investment bank has published the results of a pilot project, aimed at implementing blockchain tech for securities post-trade processing. Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with Cointelegraph on Feb. 19. The PoC implemented blockchain in the trade matching of post-trade processing.The…Read More

The new cooling-off period is the latest in a lengthy battle to get a Bitcoin ETF to market. United States regulator the Securities and Exchange Commission (SEC) says it will shortly commence the countdown period to approval or disapproval of the VanEck/SolidX Bitcoin exchange-traded fund (ETF). The news was announced in an unpublished notice that was filed on Feb. 19.The…Read More

Coinbase announced on Tuesday that users of its wallet app can now directly store their bitcoin cash. The app update will be rolled out to all iOS and Android users in the next few weeks. Both Cashaddr and legacy address formats are supported alongside Bitcoin Cash Testnet for developers. Also read: SEC Chair Explains Key Upgrades […] The post Coinbase Wallet…Read More

Major Japanese trading company is looking to leverage blockchain technology through a deal with LO3 Energy. Japanese general trading company Marubeni Corporation has partnered with a New York-based blockchain startup to use the technology for its energy business, Marubeni confirmed in a press release on Feb. 20.Marubeni, which has expanded beyond Japan into the United States as well as Europe,…Read More

Binance has launched the testnet of its new decentralized exchange, Binance DEX, which is based on the Binance Chain and supports hardware wallets. Major cryptocurrency exchange Binance has launched the testnet of its new decentralized exchange, Binance DEX, according to a press release shared with Cointelegraph on Feb. 20.Per Binance, the exchange, powered by Binance Chain — a new blockchain…Read More

Market cap is often used as a metric of importance in the crypto industry. Communities will react jubilantly as their preferred coin moves up the rankings. People will often invest in the top X coins based solely on their market cap as they think it is representative of a diversified portfolio. However, is market cap […] The post Market Cap:…Read More

Bitcoin Cash supporters are all about spreading adoption, and many enthusiasts are relentlessly trying to get people to try BCH and merchants to accept the cryptocurrency for payments. Right now, there are three regions in the world with a significant number of BCH merchants: Slovenia, North Queensland, and Japan, areas which continue to add a […] The post Bitcoin Cash…Read More

In an age where governments are trigger happy at censoring or shutting down networks, it is reassuring to know that Bitcoin can operate sans internet. Network censorship, after all, is not some dystopian storyline but a power exercised by many democratic governments across the world. Thankfully, there are solutions that enable people to send and receive […] The post No Internet,…Read More

Tesla CEO Elon Musk said that Bitcoin is “a far better way to transfer value than pieces of paper,â€� during an interview on the advisory services firm ARK Invest’s podcast. Technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant” and that digital currency is “a far better way to transfer value than pieces of…Read More

On Feb. 14, a group of Bitcoin Cash (BCH) developers sat down and discussed the featured items for the scheduled upgrade this coming May. According to the programmers, two specific features will be ready for the upgrade: Schnorr signatures and Segwit recovery. The developers also detailed that certain features like nullfail and the 100-byte transaction […] The post BCH Devs…Read More

A Nova Scotia supreme court justice has chosen the legal representatives for clients of Canada’s major crypto exchange QuadrigaCX. The Supreme Court of Nova Scotia has ordered Canadian law firms Miller Thomson and Cox & Palmer to represent customers of cryptocurrency exchange QuadrigaCX in upcoming proceedings. The ruling was announced in a court filing published on Feb. 19.On Tuesday, Justice…Read More

A new survey reveals that organizations are not ready to implement blockchain tech, although a half of respondents are considering blockchain adoption. A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published on Feb. 19.The report says…Read More

South Africa has been ranked as the top country for ownership of cryptocurrency, according to a global survey by social media management company Hootsuite and global agency Wearesocial. The survey found that 10.7 percent of internet users in the country own cryptocurrency. Thailand is second, with 9.9 percent of mobile users owning cryptocurrency and Indonesia […] The post Survey Ranks…Read More

A new survey from investment platform eToro has revealed that 43 percent of millennial traders trust traditional stock exchanges less than crypto exchanges. Nearly half of millennial traders have more trust in digital currency exchanges than in United States (U.S.) stock market exchanges. Data regarding millennial investment attitudes was collected in a new study from investment platform eToro and published…Read More

A recent report published by the Bank of Spain states that Bitcoin is a solution for the creation of a system without censorship. This is in contrast to public comments made by most central bankers who are prone to attack cryptocurrency with little insight into why it is needed.    Also Read: Survey: ‘Blockchain’ Was […] The post Bank of…Read More

Blockchain security firm and wallet service BitGo revealed plans to offer crypto insurance through Lloyd’s of London. Blockchain security firm and crypto wallet service BitGo has revealed plans to offer crypto insurance through Lloyd’s of London, according to a press release on Feb. 19.BitGo Business Wallet clients will be able to acquire insurance for their digital assets held on BitGo’s…Read More

Coinbase has acquired the cryptocurrency surveillance company Neutrino, whose team will be joining the American exchange’s European operation. The Milan, Italy-based startup develops blockchain intelligence platforms for crypto companies as well as law enforcement agencies. Also Read: Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018 Coinbase Acquires Neutrino Coinbase, the San Francisco-based cryptocurrency exchange, announced […] The post Coinbase Acquires…Read More