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Tuesday, 30 April 2019

Two Charged With Running ‘Shadow Banking’ Service for Crypto Exchange

The U.S. government has sued two individuals in connection with a scheme to provide "shadow banking" services to unregulated crypto exchanges.

from CoinDesk http://bit.ly/2ZPVUij

Tether Lawyer Confirms Stablecoin 74 Percent Backed by Cash and Equivalents

Tether's general counsel acknowledges that USDT is only 74% backed by cash and equivalents in a new affidavit.

from CoinDesk http://bit.ly/2DIK1B7

Microsoft Outlook Hackers Stole Crypto Using Victims’ Emails: Report

Hackers who breached Microsoft Outlook have reportedly used the email service to steal cryptocurrency users' funds.

from CoinDesk http://bit.ly/2Vyjxwp

HTC Plans to Launch Another Blockchain Phone This Year, Exec Says

Electronics giant HTC is planning to launch a second-generation EXODUS blockchain phone by the end of 2019.

from CoinDesk http://bit.ly/2J16H37

Bitcoin Startup Unveils ‘Thunder Bird’ Lightning Code for IoT Devices

Japanese startup Nayuta is releasing a lightning network implementation with a compelling new focus: bitcoin payments for the internet of things.

from CoinDesk http://bit.ly/2J4hedO

JPMorgan Exec Joins Blockchain Gold-Trading Firm Tradewind as CEO

Tradewind, a blockchain-powered precious metals market, has hired a JPMorgan veteran to be its first-ever CEO.

from CoinDesk http://bit.ly/2GOIWZl

Bitcoin Price Close to First 3-Month Winning Streak Since Late 2017

Bitcoin is on track to confirm a long-term bullish reversal with a first three-month winning streak since the end of 2017.

from CoinDesk http://bit.ly/2ISeC3e

ErisX Launches Crypto Spot Market on Heels of New $20 Million Raise

Aspiring crypto derivatives provider ErisX took one step closer to its ultimate goal Tuesday with the launch of a spot market.

from CoinDesk http://bit.ly/2LeZjUp

Voters on Ethereum App Veto Proposal to Fund Polkadot Blockchain

Aragon token holders have shot down a proposal to diversify project funds to support blockchain interoperability project Polkadot.

from CoinDesk http://bit.ly/2GTX4lj

Nasdaq Adding Index for XRP Cryptocurrency to Global Data Service

After bitcoin and ether, Nasdaq is now adding an index for the world’s third-largest cryptocurrency, XRP, to its global data service.

from CoinDesk http://bit.ly/2IZS3cm

Bitfinex Is Planning to Issue an Exchange Token, Shareholder Says

Cryptocurrency exchange Bitfinex is planning to issue a proprietary exchange token, according to a shareholder claiming knowledge of the plan.

from CoinDesk http://bit.ly/2GT18Co

Monday, 29 April 2019

Want to Understand Bitfinex? Understand Mt. Gox  

People interested in understanding Bitfinex are well-served to understand what happened with Mt. Gox.

from CoinDesk http://bit.ly/2vqQU5H

Novogratz’s Galaxy Digital Crypto Fund Lost $272.7 Million in 2018

Galaxy Digital, the crypto fund founded by Michael Novogratz, lost $272.7 million in its first full year of operation.

from CoinDesk http://bit.ly/2ZNmMzt

Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth

The Huobi Cloud network of crypto exchanges wants to facilitate $55 million in daily volume by 2020.

from CoinDesk http://bit.ly/2GPBHS6

SEC Temporarily Suspends Trading in Little-Known Bitcoin Miner’s Shares

The SEC has temporarily suspended trading in shares Bitcoin Generation, a little-known crypto exchange and miner.

from CoinDesk http://bit.ly/2voSvcb

Bakkt Acquires Crypto Custodian, Partners With BNY Mellon on Key Storage

Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage.

from CoinDesk http://bit.ly/2DCtDC0

UK Baroness’ Luxury Bitcoin Property Project Reportedly Suffering Delay

A British baroness' luxury residential project targeting the crypto rich has been put on hold, says The Times.

from CoinDesk http://bit.ly/2GQJKOk

We.Trade Co-Founder Mancone Is Leaving the Enterprise Blockchain Firm

Roberto Mancone is leaving we.trade, the live trade finance blockchain platform which he helped grow into a legal entity comprising 14 banks.

from CoinDesk http://bit.ly/2DGRTmF

Creditor Takes Crypto Startup London Block Exchange to Court

A law firm has taken the London Block Exchange to court saying it's owed money, but the startup's CEO has denied it is going out of business.

from CoinDesk http://bit.ly/2ZKUjKC

Bitcoin on the Defensive But May See Bounce at Key Price Support

Bitcoin's short-term prospects are looking bleak, but its close proximity to historically strong price support is calling for caution from sellers.

from CoinDesk http://bit.ly/2Vubn8j

Australian Crypto Scam Reports Rose Almost 200% in 2018

Australia saw a surge in reports of scams involving cryptocurrencies last year, according to the country's consumer watchdog.

from CoinDesk http://bit.ly/2PzOScA

Jaguar Land Rover Plans to Give Drivers Crypto in Return for Their Data

Jaguar Land Rover is piloting tech that may soon let drivers earn rewards in the IOTA cryptocurrency for sharing data on road conditions.

from CoinDesk http://bit.ly/2PCHYTZ

US Stock Broker E*Trade to Launch Bitcoin and Ether Trading: Report

Online stock brokerage E*Trade is preparing to launch cryptocurrency trading services, according to Bloomberg sources.

from CoinDesk http://bit.ly/2IR2WxQ

Sunday, 28 April 2019

Bond Rating Agency Moody’s Warns on Risks of Private Blockchains

Rating agency Moody's has warned of several risks of private, centralized blockchains in a report examining the tech's pros and cons.

from CoinDesk http://bit.ly/2UN8o6v

A Glimpse of Banking’s Future, Live on the Ethereum Blockchain

Last week, Frenching bank Societe Generale revealed that it has issued a security token-like bond on ethereum. But rather than using a private iteration, SocGen used the public blockchain.

from CoinDesk http://bit.ly/2J2iLRw

I Tried to Get People to Give Away Bitcoin – And They Did

Some of bitcoin's earliest adopters have made a fortune holding onto the coins, and Connie Gallippi wanted to give them a way to help other people. Turns out bitcoiners are quite the philanthropists too.

from CoinDesk http://bit.ly/2vtUonG

Murder, Censorship and Syria: Crypto and the Future of Uprisings

One technologist's imprisonment and execution in Syria exemplifies the parallel use of technology for both liberation and repression – and why bitcoin and other censorship resistant tech is needed in such areas. Meet Bassel Khartabil.

from CoinDesk http://bit.ly/2PBk9vz

Saturday, 27 April 2019

The Bitfinex-Tether Allegations Explained

A quick visual overview of New York's allegations against crypto companies Bitfinex and Tether.

from CoinDesk http://bit.ly/2VCdyH3

Friday, 26 April 2019

Paxos to Issue Up to $100 Million of Stablecoins on Ontology Blockchain

Paxos will issue up to 100 million of its PAX stablecoins on the Ontology blockchain next month.

from CoinDesk http://bit.ly/2GGSLZh

Bitfinex Needs ‘A Few Weeks’ to Unfreeze Funds, CFO Tells Shareholder

A Bitfinex shareholder says its CFO told him the exchange needs 'a few weeks' to recover the funds at issue in the New York Attorney General probe.

from CoinDesk http://bit.ly/2GKNbpM

‘Darkest Days Yet’: ‘Purple Pill’ Tell-All Details Years-Long Rift at Heart of MakerDAO Stablecoin Project

Penned by the stablecoin project's former CTO, "Zandy's Story" paints a clear picture of MakerDAO's current turmoil.

from CoinDesk http://bit.ly/2PzV9oO

Funding Approved for Audit of Ethereum’s ProgPoW Mining Proposal

Funding has been raised to conduct a technical audit over "ProgPoW" – a hotly-debated proposal to change ethereum's mining algorithm.

from CoinDesk http://bit.ly/2Pwclvb

$10 Million in Paxos Stablecoins Printed Overnight Following Tether Allegations

More than 10 million Paxos Standard stablecoins were minted after the New York Attorney General's bombshell allegations about rival issuer Tether.

from CoinDesk http://bit.ly/2IYGWAn

Circle’s SeedInvest Takes Step Toward Tokenizing Stocks With Trading License

SeedInvest, the equity crowdfunding platform owned by crypto startup Circle, just got a license to facilitate trading of traditional securities.

from CoinDesk http://bit.ly/2IWIydT

Indian Government Again Discussing Ban on Cryptocurrencies: Report

The government of India is said to be renewing its efforts to completely outlaw public cryptocurrencies, according to The Economic Times.

from CoinDesk http://bit.ly/2XEAdzA

DeFi Upstart Dharma Brokers $6.4 Million in Crypto Loans in First 3 Weeks

Riding a wave of interest in crypto lending, Dharma is becoming a lucrative way to arbitrage the DAI stablecoin.

from CoinDesk http://bit.ly/2voUjlr

2015 Bitcoin Price Resistance Re-Emerges Amid Bitfinex Controversy

A long-term technical line, which served as strong price resistance four years ago, is again capping the upside in bitcoin's price.

from CoinDesk http://bit.ly/2IJbiHO

New Crypto-Mining Malware Targeting Asian Firms With NSA Tools

A new form of malware discovered by Symantec is targeting enterprises using leaked NSA tools to infect networks and mine monero.

from CoinDesk http://bit.ly/2XME2D8

US Prosecutors Charge 2 Foreign Nationals Over Bitcoin Investment Scam

Two Nigerian nationals have been indicted in the U.S. for wire fraud and money laundering relating to a fake bitcoin investment scheme.

from CoinDesk http://bit.ly/2KZPM3o

Buterin Proposal Could Turn Ethereum Staking Into $160 Million Industry

Ethereum researchers are currently discussing the optimal reward issuance rates for a new version of the network called ethereum 2.0.

from CoinDesk http://bit.ly/2IIHJGq

Thursday, 25 April 2019

How Crypto Markets Are Reacting to the Tether-Bitfinex Allegations

The cryptocurrency markets endured a loss of as much as $10 billion around 21:00 UTC on Thursday, following allegations that the Bitfinex exchange covered up an $850 million shortfall using the U.S. dollar-pegged Tether (USDT) stablecoin. The New York Attorney General’s office alleged in a statement on Thursday that Bitfinex lost $850 million and used customer and […]

from CoinDesk http://bit.ly/2vjGVPw

Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege in Court

New York's Attorney General has obtained a court order against crypto exchange Bitfinex's operator iFinex as well as stablecoin company Tether.

from CoinDesk http://bit.ly/2L465wh

MakerDAO Set to Increase DAI Fees Above 15% in Bid to Stabilize Stablecoin

MakerDAO token holders have voted again to increase issuance fees on dollar-backed stablecoin DAI.

from CoinDesk http://bit.ly/2PuJKXl

Tobacco Giant Philip Morris Is Building a Different Kind of ‘Public’ Blockchain

Tobacco giant Philip Morris is working on a "public blockchain," an executive said, though not quite in the commonly understood sense.

from CoinDesk http://bit.ly/2ZBgHFS

Mt Gox Trustee Extends Deadline to File Rehabilitation Plan

Nobuaki Kobayashi, the trustee for crypto exchange Mt Gox, has extended the deadline by which he must file a civil rehabilitation plan.

from CoinDesk http://bit.ly/2W52E9C

Leaked Letter Exposes Infighting Atop Flagship Ethereum Project MakerDAO

The non-profit entity behind ethereum’s hottest decentralized startup is wracked with infighting, a legal letter obtained by CoinDesk reveals. The letter, dated April 1, is from an attorney representing five board members of the Cayman Islands-based MakerDAO Ecosystem Growth Foundation (MEGF) who say they were pressured to resign by CEO Rune Christensen in late March. […]

from CoinDesk http://bit.ly/2GzQkYj

Genesis Lends $425 Million of Crypto in Q1 – and Not Just to Short Sellers

Genesis Global Trading's cryptocurrency lending arm continues to grow, even as the number of short sellers dwindles.

from CoinDesk http://bit.ly/2LbTaIq

Payments Firm Wirex Launching 26 Stablecoins on the Stellar Blockchain

U.K.-licensed payments platform Wirex is launching 26 fiat-backed stablecoins on the Stellar blockchain network.

from CoinDesk http://bit.ly/2UzaJli

Bitcoin Faces Deeper Price Pullback Before Rally Continuation

Bitcoin may revisit sub-$5,000 levels in the short-term, as a widely followed technical indicator is flashing a historically bearish pattern.

from CoinDesk http://bit.ly/2Pwkakz

Top 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain

Sumitomo, Japan’s third-largest bank by total assets, will launch blockchain-based trade finance services in the second half of this year.

from CoinDesk http://bit.ly/2Pt3MBj

Ripple Says Sales of XRP Cryptocurrency Grew 31% in Q1

Blockchain payments startup Ripple has reported a 31 percent quarter-to-quarter increase in sales of XRP.

from CoinDesk http://bit.ly/2GFVK5u

Banks Can’t Snub Crypto Startups Thanks to France’s New Blockchain Law

France's wide-ranging new blockchain law aims to solve a longstanding problem for crypto startups: banking, or lack thereof.

from CoinDesk http://bit.ly/2J0OySK

Wednesday, 24 April 2019

Samsung Invests $2.9 Million in Crypto Hardware Startup Ledger

Samsung has invested nearly $3 million in French crypto hardware wallet maker Ledger.

from CoinDesk http://bit.ly/2UTb2wv

New Code Helps Lightning Users Protect Their Bitcoin from File Corruption

A new software release from Lightning Labs targets a risk for users: the chance they'll lose funds if their hardware is having problems.

from CoinDesk http://bit.ly/2DrWTeT

2,000 More US Grocery Stores Enable Bitcoin Buying at Coinstar Machines

You can now convert coins to bitcoin at more than 2,000 Coinstar kiosks in 19 different states.

from CoinDesk http://bit.ly/2W61r1Q

Galaxy Digital CTO Out at Novagratz-Led Crypto Fund

Mike McMahon, chief technology officer at crypto merchant bank Galaxy Digital, has left the firm, CoinDesk has learned.

from CoinDesk http://bit.ly/2UVDLAu

View Ads, Get BAT: Brave Delivers on ICO Promise of Paid Web Browsing

The privacy-oriented Brave browser is launching today its long-anticipated product where web users are compensated for their attention.

from CoinDesk http://bit.ly/2IBBggt

TrustToken Launches AUD-Backed Stablecoin With 3 More to Follow

TrustToken has launched a stablecoin backed by the Australian dollar, with three for CAD, HKD and euros to follow soon. 

from CoinDesk http://bit.ly/2UV6KEw

China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance

The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.

from CoinDesk http://bit.ly/2IYSeEV

Chainalysis Adds Real-Time Transaction Monitoring for 4 More Cryptos

Blockchain compliance startup Chainalysis has added support for Binance’s native token BNB and three stablecoins to its transaction monitoring tool.

from CoinDesk http://bit.ly/2UUSiww

New York State Sees First Conviction for Crypto Money Laundering

A case involving millions of dollars in bitcoin and Western Union payments resulted in New York State's first conviction for crypto money laundering.

from CoinDesk http://bit.ly/2IUPUie

Litecoin Led Bitcoin’s Price Rally, Now It’s Hinting at a Pullback

Bitcoin could be in for a price pullback, as litecoin, which led the crypto markets higher earlier in the year, is now showing signs of weakness.

from CoinDesk http://bit.ly/2VlBEW5

Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund

Bitfury and Swiss investment firm Final Frontier have launched a bitcoin mining fund after it was authorized by an EU regulator.

from CoinDesk http://bit.ly/2INRHWa

Samsung Developing Ethereum-Based Blockchain, May Issue Own Token

Samsung is reportedly developing an ethereum-based blockchain network and is eyeing the eventual issuance of a "Samsung Coin" token.

from CoinDesk http://bit.ly/2PqLTDj

The Ethereum Name Service Is Turning Nearly 300,000 .ETH Domains Into NFTs

Ethereum's domain registration service is gearing up for major changes, including faster registration, tradeable domains and an annual fee.

from CoinDesk http://bit.ly/2DtwsW2

Tuesday, 23 April 2019

Russian Opposition Leader Raises $3 Million in Bitcoin Donations

Russian opposition leader Alexei Navalny has attracted $3 million of bitcoin donations over the last three years.

from CoinDesk http://bit.ly/2XE0deu

French Lender Societe Generale Issues $112 Million Bond on Ethereum

French investment bank Societe Generale has issued $112 million of bonds as a security token on the public ethereum blockchain.

from CoinDesk http://bit.ly/2XIujxD

Lightning Labs Launches Desktop App on Bitcoin Mainnet

Lightning Labs has put out his first alpha release for its lightning desktop app for bitcoin's mainnet.

from CoinDesk http://bit.ly/2GDPsTO

Ether Thief Found Stealing Funds With Weak Private Keys

A security consultancy found that an unknown person or group has been undertaking a sophisticated scheme to steal ether from weakly-protected addresses.

from CoinDesk http://bit.ly/2IMefGO

BlockFi Is Now Paying Interest on $53 Million of Crypto Deposits

Crypto lending startup BlockFi has gathered another $18 million of bitcoin and ether deposits since last month, bringing its total interest-earning accounts to $53 million.

from CoinDesk http://bit.ly/2ZsPIMS

Coinbase Shutters High-Speed Crypto Trading Division, Axing 30 Jobs

Coinbase is shutting down the Chicago trading technology office it opened a year ago, eliminating 30 jobs.

from CoinDesk http://bit.ly/2DtZRj0

Crypto Exchanges Huobi and Fisco Investigated by Japan Watchdog: Report

Crypto exchanges Huobi Japan and Fisco were investigated by the country’s Financial Services Agency last week, according to Reuters sources.

from CoinDesk http://bit.ly/2VdhL3J

Blockchain Startup Filament Joins IoT Research Project Backed By Nevada

Filament, a blockchain hardware startup, is now working on the University of Nevada, Reno's autonomous vehicle project.

from CoinDesk http://bit.ly/2Pq8uzZ

SEC-Fined Crypto Project Abandons Cannabis Co-Working Space Plan

ParagonCoin, which was previously fined by the regulator over its ICO, is selling off a property intended for use as a cannabis co-working space.

from CoinDesk http://bit.ly/2ZpaZHn

Crypto Custodian BitGo One-Ups Gemini With Advanced Security Exam

BitGo says it has passed an advanced security review by an outside monitor, claiming to be the first crypto startup to receive this level of certification.

from CoinDesk http://bit.ly/2W2949i

Bitcoin Price Sees First ‘Golden Crossover’ Since 2015

With bitcoin’s move to five-month highs Tuesday, a notable bull cross of key moving averages has formed for the first time in nearly four years.

from CoinDesk http://bit.ly/2LbJHBh

Civic Inks Deal to Bring Blockchain ID to 1,000 Vending Machines

After demoing a beer vending machine at SXSW, Civic is announcing a blockchain identity deal with six suppliers in the automated retail space.

from CoinDesk http://bit.ly/2Zw3Kgu

Binance Launches Decentralized Exchange Ahead of Schedule

Binance, the world's biggest cryptocurrency exchange, has launched its decentralized exchange platform, with trading to go live soon.

from CoinDesk http://bit.ly/2IQU0rB

Student Gets 10-Year Jail Term for SIM-Swap Crypto Thefts Worth $7.5 Million

A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swap hacks has been sentenced to 10 years in prison.

from CoinDesk http://bit.ly/2GDiG5o

Monday, 22 April 2019

Bitcoin’s Price Climbs Above $5,500 to Reach 5-Month High

Bitcoin’s price extended its recent gains today by spiking above $5,500 for the first time in over five months.

from CoinDesk http://bit.ly/2KURwuJ

Coinbase’s Political Action Committee Shuts Down Without Ever Raising a Cent

Coinbase has shut down its political action committee after 10 months without raising any funds or backing any candidates.

from CoinDesk http://bit.ly/2Ixpm7j

Bittrex: ‘North Korean’ Accounts Flagged by NYDFS Were Actually South Korean

Crypto exchange Bittrex says New York regulators erred in identifying two of its users as North Korean.

from CoinDesk http://bit.ly/2W4LWY4

Controversial Oil Tycoon Moves to Shake Up Argo Blockchain Board

Frank Timis, a convicted heroin dealer and oil millionaire, is trying to oust execs at the London-listed crypto mining firm Argo Blockchain.

from CoinDesk http://bit.ly/2Pn0eRc

CFTC Chair Giancarlo Hints at What’s Holding Back Bakkt’s Bitcoin Futures

Speaking generally about crypto regulation, the CFTC’s chairman offered clues about the delay at bitcoin futures exchange Bakkt.

from CoinDesk http://bit.ly/2GyTTiC

You Can Now Shop With Bitcoin on Amazon Using Lightning

Bitcoin spenders can use the lightning network to shop at e-commerce sites like Amazon, thanks to a new browser extension.

from CoinDesk http://bit.ly/2UzGomR

Hacked Crypto Exchange Zaif Resuming Full Services Under New Owner

Japanese crypto exchange Zaif, which was hacked for $60 million last year, is reinstating all services after being acquired by investment firm Fisco.

from CoinDesk http://bit.ly/2Uyi5p8

$6K Ahead? Bitcoin Price RSI Confirms Long Run Bull Reversal

With the widely-followed RSI now signaling a long-term bullish reversal, bitcoin may rally to $6,000 over the next month or two.

from CoinDesk http://bit.ly/2VWqMuN

Tennis Star Serena Williams Reveals Investment in Coinbase

Serena Williams, one of the most successful tennis players ever, has revealed she invested in Coinbase via a previously secret VC fund.

from CoinDesk http://bit.ly/2Pm5WCN

JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments

Investment bank JPMorgan is reportedly expanding an existing blockchain platform with hundreds of banking members to include settlement.

from CoinDesk http://bit.ly/2Pp1LpR

Bitcoin SV’s Delisting Isn’t ‘Censorship.’ But It’s Still a Problem

The controversy over delisting bitcoin SV shows why crypto exchanges need more consistent standards and rules.

from CoinDesk http://bit.ly/2Xrnd0e

Sunday, 21 April 2019

My Sleepless Year Discovering Bitcoin’s Code

Early bitcoin developer Stefan Thomas recalls his early obsession with programmable cryptocurrency.

from CoinDesk http://bit.ly/2GyDQkW

Saturday, 20 April 2019

The Hidden Effects of Crypto Money Laundering Rules

CoinDesk's Noelle Acheson looks at anti-money laundering regulation’s increasing focus on cryptocurrencies, and at the opportunity this presents.

from CoinDesk http://bit.ly/2IKtcsI

Friday, 19 April 2019

Privacy Crypto Monero Celebrates Its 5th Birthday

The privacy coin Monero celebrated yesterday five years of existence.

from CoinDesk http://bit.ly/2GmrOdg

Malware Crypto Ransoms Rose By Almost 90% in Q1: Report

The average payout for ransomware attacks rose dramatically in the first quarter of 2019 – largely due to one variant called Ryuk.

from CoinDesk http://bit.ly/2IJb82r

CoinList’s First 2019 Token Sale Cancelled Over Low Demand

After a token sale on CoinList failed to reach its target, data marketplace Ocean is trying again on crypto exchange Bittrex International.

from CoinDesk http://bit.ly/2VcPpX8

Bitcoin Clings on Above Key Support Amid Signs of Price Pullback

Bitcoin is showing signs of exhaustion on the short-duration technical charts, but a pullback has been elusive – so far.

from CoinDesk http://bit.ly/2V8BEJ7

Volkswagen to Track Minerals Supply Chains Using IBM Blockchain

Volkswagen Group has joined an initiative tracking mineral supply chains using a platform built on IBM Blockchain.

from CoinDesk http://bit.ly/2IIu2WU

In First, FinCEN Penalizes Bitcoin Trader for Violating AML Laws

U.S. regulator FinCEN has for the first time penalized a cryptocurrency trader for breaking anti-money laundering rules.

from CoinDesk http://bit.ly/2UN6Z4L

South Korean Crypto Exchange Coinnest Announces Closure

Cryptocurrency exchange Coinnest, once South Korea's third largest, is shutting up shop, citing a drop-off in trade.

from CoinDesk http://bit.ly/2IvonUS

Thursday, 18 April 2019

Aragon Vote Aims to Restrict Ethereum App from Funding Polkadot Blockchain

Aragon is getting ready to vote on two contentious governance proposals. One encourages expanding operations outside of the ethereum network to include blockchain interoperability platform Polkadot. The other does not. Which proposal will Aragon token holders favor?

from CoinDesk http://bit.ly/2Izvqw7

Overstock’s tZERO Token Market Misses Closing Date for $100 Million Raise

Overstock’s tZERO security token trading platform has once again failed to close on a capital injection by the targeted date.

from CoinDesk http://bit.ly/2XpwLZr

As ICO Business Dried up, This Firm’s Headcount Fell From 120 to 50

Significant layoffs at Ambisafe tell the tale of another ICO services startup that got too big in 2018.

from CoinDesk http://bit.ly/2VU6dz8

Presidential Candidate Andrew Yang Calls for ‘Clear Guidelines’ on Crypto

U.S. presidential hopeful Andrew Yang has laid out his campaign's policy position on cryptocurrencies.

from CoinDesk http://bit.ly/2vau0iL

NYDFS: Why We Rejected Bittrex’s Application for a BitLicense

Bittrex is not telling the full story about its BitLicense denial, a New York Department of Financial Services official writes.

from CoinDesk http://bit.ly/2GuYd2o

MakerDAO Voters Divided on How Much to Hike Fee for DAI Stablecoin

MakerDAO token holders approved a 3 percent fee increase on the programmatic loan system issuing DAI tokens. Yet token holders appear to be more divided on how high of an increase is warranted for the MakerDAO system.

from CoinDesk http://bit.ly/2PiRIm1

Crypto Startups Barred from Indian Central Bank Fintech Sandbox

The Reserve Bank of India is setting up a regulatory sandbox for fintech startups – but crypto projects are excluded.

from CoinDesk http://bit.ly/2IEZVzP

Ledger and Nomura’s Crypto Custody Launch May Be Delayed to 2020

Ledger's crypto custody venture with Japanese bank Nomura may take longer than expected to launch, the startup's president said.

from CoinDesk http://bit.ly/2UJ0m3r

Bitcoin Fees Jump to Nearly 1-Year Highs – But Why?

The average fees required to send a bitcoin transaction are on the rise again, hitting their highest level in nearly a year in early April.

from CoinDesk http://bit.ly/2VWaaU8

Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report

The owner of the New York Stock Exchange, ICE, is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt.

from CoinDesk http://bit.ly/2VUXrBg

Binance Reveals Timeline for BNB Cryptocurrency’s Move Off Ethereum

Cryptocurrency exchange Binance released details of how its native token BNB will soon be moved from ethereum to its native public blockchain.

from CoinDesk http://bit.ly/2PftNnL

PayPal Wins Patent for Way to Defend Against Crypto Ransomware

Online payments giant PayPal has been awarded a patent for a technique that could detect a type of crypto malware and mitigate its effects.

from CoinDesk http://bit.ly/2GylFeb

Bitcoin Price Indicator Turns Bullish in First Since Early 2018

The widely-followed MACD indicator has turned bullish for the first time in over a year, backing up signs of a long-term bitcoin bull reversal. 

from CoinDesk http://bit.ly/2IF1VrO

Coinbase Generated $520 Million in Revenue Last Year, Reuters Estimates

Cryptocurrency exchange Coinbase brought in almost $520 million in global revenue in 2018, according to Reuters' calculations.

from CoinDesk http://bit.ly/2UIjRcq

OKCoin Exchange Invests in Crypto Custody Firm Prime Trust

Cryptocurrency exchange OKCoin has invested an undisclosed amount in crypto custody provider Prime Trust.

from CoinDesk http://bit.ly/2Gkgnmc

Wednesday, 17 April 2019

Binance’s Singapore Fiat-to-Bitcoin Exchange Is Launching Next Week

Binance will launch its new fiat-to-crypto platform in Singapore next week, chief financial officer Wei Zhou said.

from CoinDesk http://bit.ly/2XmtGJE

Coinbase Expands Crypto-to-Crypto Trading to 11 More Countries

Cryptocurrency exchange Coinbase is expanding crypto-to-crypto conversions and trading services to 11 additional countries.

from CoinDesk http://bit.ly/2V7PhZ1

Spoiler Alert: Kurt Russell’s ‘Crypto’ Movie Isn’t Crypto, It’s Just Really Bad

CoinDesk goes to the movies to review "Crypto," a new film that claims to be about cryptocurrency – but doesn't follow through.

from CoinDesk http://bit.ly/2ZhTad7

Winklevoss Capital, Charlie Shrem Settle $26 Million Bitcoin Lawsuit

Cameron and Tyler Winklevoss have settled their case against Charlie Shrem, whom they previously claimed owed them $26 million worth of bitcoin.

from CoinDesk http://bit.ly/2UF2ngM

New $50 Million Venture Fund Eyes Global Blockchain Adoption

A group of investors has launched a new blockchain-focused VC fund worth $50 million, aiming to bring the technology to the masses.

from CoinDesk http://bit.ly/2VQCd7t

Bolt Labs Raises $1.5 Million Seed Round to Boost Lightning Privacy

With $1.5 million in seed funding secured, Bolt Labs wants to bring privacy features to the lightning network and other blockchain solutions.

from CoinDesk http://bit.ly/2DjRvu3

Microsoft, Ethereum Group Launch Token-Building Kit for Enterprises

Microsoft and the Enterprise Ethereum Alliance have corralled major firms behind a new project to help businesses design and create tokens.

from CoinDesk http://bit.ly/2VW1Dkh

E-Commerce Giant Rakuten Opens Its New Crypto Exchange to Customers

Japan's Amazon equivalent, Rakuten, has started accepting limited account registrations for its new cryptocurrency exchange.

from CoinDesk http://bit.ly/2PeO8JB

Bitcoin Price Eyes April Gains for Fourth Year Running

Bitcoin looks set to end April in the green for the fourth consecutive year, having climbed 27 percent already this month.

from CoinDesk http://bit.ly/2V5SRTq

Accenture, Generali Streamline Employee Insurance Benefits With Blockchain Rollout

Accenture and Italian insurance group Generali have launched a blockchain solution that brings new efficiencies to employee benefits.

from CoinDesk http://bit.ly/2UImgU8

Japan’s Biggest Bank Invests in Crypto Investigation Startup Chainalysis

Japanese bank MUFG has backed an additional Series B raise for crypto sleuthing startup Chainalysis, bringing its round total to $36 million.

from CoinDesk http://bit.ly/2GpoOfY

Gemini Is Now the Largest Bitcoin Exchange to Add ‘Full’ SegWit Support

Gemini says it has added "full" support for SegWit, an important bitcoin code change that paves the way for scaling improvements.

from CoinDesk http://bit.ly/2Di60yJ

Tuesday, 16 April 2019

Gate.io Raises $64 Million for Launch of New Exchange Cryptocurrency

Crypto exchange Gate.io has raised $64 million in seven days for its exchange cryptocurrency that is yet to be launched on a blockchain.

from CoinDesk http://bit.ly/2Gq0b3X

Kraken Exchange Joins Binance, ShapeShift in Delisting Bitcoin SV

Kraken is the latest crypto exchange to delist bitcoin SV amid an ongoing feud between coin creator Craig Wright and members of the bitcoin community.

from CoinDesk http://bit.ly/2IBV56c

Craig Wright’s Fight With a Cartoon Bitcoin Astronaut Cat Explained

It's Satoshi claimant Craig Wright vs the bitcoin community, with accusations of fraud and defamation flying between them.

from CoinDesk http://bit.ly/2Ime3P7

Global Auditor EY Unveils Ambitious Bid to Bring Businesses to Ethereum

Big Four auditor EY is rolling out free software designed to help companies use the public ethereum blockchain.

from CoinDesk http://bit.ly/2GqWACZ

ConsenSys Pitch Deck Forecasts $100 Million Burn Rate for 2019

A ConsenSys pitch deck obtained by CoinDesk details how the ethereum venture studio is courting outside investment.

from CoinDesk http://bit.ly/2Ip3A5z

Startup Arca Seeks SEC Approval for US Treasury Bond-Backed Stablecoin

Arca Investment Management is seeking approval from the SEC to sell a new type of stablecoin to retail investors.

from CoinDesk http://bit.ly/2UFjU8I

Nestle, Carrefour Team Up to Feed Consumers Data With IBM Blockchain

Swiss food giant Nestle and French retailer Carrefour are now letting consumers access product data via IBM's Food Trust platform.

from CoinDesk http://bit.ly/2Inmg5y

Digital Asset’s Smart Contract Language Now Works on Hyperledger Blockchains

Digital Asset is integrating its smart contract language into the Hyperledger Sawtooth enterprise blockchain platform.

from CoinDesk http://bit.ly/2Ivflqi

eToro Launches Full Crypto Exchange and 8 Custom Stablecoins

Social investing platform eToro has launched a regulated cryptocurrency exchange along with eight branded stablecoins.

from CoinDesk http://bit.ly/2GqDe0P

CoinMarketCap Launches Crypto Data Apps With Added Features

Cryptocurrency data provider CoinMarketCap has launched its first Android app and revamped its iOS product, adding new app-only features.

from CoinDesk http://bit.ly/2Io50gm

KuCoin Exchange Traders Can Now Self-Custody Their Crypto Assets

Cryptocurrency exchange KuCoin has launched a beta feature allowing users to custody their own crypto assets while trading.

from CoinDesk http://bit.ly/2GrkVZi

This Price Hurdle May Pave Way for Bitcoin’s Next Leg Up

Bitcoin's stalled rally could take off again if the bulls can convincingly breach a new resistance level above $5,200.

from CoinDesk http://bit.ly/2Pg6Lx6

Sirin Labs Lays Off 25% of Staff Amid Poor Blockchain Phone Sales

Israel-based Sirin Labs has laid off a quarter of its workforce, saying sales of its Finney phone are lower than expected.

from CoinDesk http://bit.ly/2Pf7mPf

Turing Award Winner’s Blockchain Opens Test Network to Public

The test network for the Algorand blockchain platform – co-founded by MIT professor Silvio Micali – has been opened to the public.

from CoinDesk http://bit.ly/2UJiydj

Monday, 15 April 2019

Why Coinbase’s Move Into Proof-of-Stake Matters

Exchanges like Coinbase are stepping into the market for proof-of-stake cryptocurrencies, but will they boost engagement or centralize power?

from CoinDesk http://bit.ly/2Pbtave

ConsenSys Is Seeking $200 Million in New Funding: Report

Ethereum co-founder Joe Lubin is seeking external investment in his Brooklyn-based conglomerate.

from CoinDesk http://bit.ly/2PbGzTZ

‘Satoshi’s Treasure’ Is a Global Puzzle With a $1 Million Bitcoin Prize

This treasure hunt is like a bitcoin version of "Ready Player One," with the first clues released via Blockstream's satellite.

from CoinDesk http://bit.ly/2UD8qm8

Binance Delists Bitcoin SV, CEO Calls Craig Wright a ‘Fraud’

Binance is delisting bitcoin SV days after founder Changpeng Zhao called Craig Wright, the fork's creator, a fraud.

from CoinDesk http://bit.ly/2KCd7Ig

LedgerX Reveals Bid to Beat Bakkt to Physical Bitcoin Futures Launch

Crypto derivatives provider LedgerX plans to become the first U.S. firm to offer physically settled bitcoin futures contracts.

from CoinDesk http://bit.ly/2V3bKGz

Startup Raises $3.9 Million in Tokenized Equity on London Stock Exchange Platform

Blockchain startup 20|30 has raised £3 million in a sale of tokenized shares on a platform operated by the London Stock Exchange Group.

from CoinDesk http://bit.ly/2KEFndo

Three Reasons Why Bitcoin Price Rally Has Stalled

Bitcoin confirmed a longer-term bull breakout a week ago, but the rally has since flattened out. What's going on?

from CoinDesk http://bit.ly/2It7Cci

India’s National Payments Corporation Wants to Build a Blockchain Solution

The bank consortium-owned organization supported by the central bank is seeking bids for the creation of a blockchain solution for digital payments.

from CoinDesk http://bit.ly/2D8JxEb

IMF and World Bank Launch Educational Blockchain Token

The International Monetary Fund and the World Bank have launched a valueless crypto token to fill a "knowledge gap" around blockchain tech.

from CoinDesk http://bit.ly/2Ii5Pr6

ING Bank Is Bringing Bitcoin ‘Bulletproofs’ to Private Blockchains

ING’s blockchain team is testing privacy tech called "bulletproofs," the latest in a series of such experiments at the global bank.

from CoinDesk http://bit.ly/2v1Mfa6

Sunday, 14 April 2019

The Bigger Picture Behind Bitcoin’s Latest Price Rebound

Bitcoin's latest rebound above $5,000 isn't about new investors, it's a reaffirmation of its real strength as a resistant global network.

from CoinDesk http://bit.ly/2Pahx7X

Saturday, 13 April 2019

The Creator of the Internet Signed Up for Blockstack – And ‘Shit Got Real’

What happens when one of the founders of the internet signs up for your blockchain? Blockstack CEO Muneeb Ali tells his story.

from CoinDesk http://bit.ly/2VPAyyM

The Upside of Bitcoin’s Upside (It’s Not What You Think)

While price appreciation is always good for an asset class, in the case of cryptocurrencies the benefits go way beyond profit.

from CoinDesk http://bit.ly/2GaLeS5

Friday, 12 April 2019

Ethereum Core Developers Debate Benefits of More Frequent Hard Forks

Ethereum core developers are discussing the possibility of executing more frequent hard forks as the software aims to offer new features.

from CoinDesk http://bit.ly/2G7IUez

Binance Labs Grants $45,000 to 3 Open-Source Blockchain Startups

Binance Labs has awarded grants of $15,000 each to three startups supporting open-source development of blockchain technologies.

from CoinDesk http://bit.ly/2GbKNXD

Coinbase Exec Dan Romero Leaving Crypto Exchange After 5 Years

Cryptocurrency exchange Coinbase is losing another executive – this time its vice president for international business, Dan Romero.

from CoinDesk http://bit.ly/2PeemfD

Japanese Bank Abandons Work With SBI Ripple’s ‘Money Tap’ App

Resona, one of three Japanese banks working with SBI Holdings and Ripple on their blockchain app Money Tap, is ceasing collaborations.

from CoinDesk http://bit.ly/2IvdCkW

Bitcoin Defends Psychological Support Line After Price Dip to $4,900

Bitcoin dropped to around $4,900 earlier today, but has since fought back to above the $5K psychological support line.

from CoinDesk http://bit.ly/2GcSjSj

‘Onerous’ FATF Recommendations Harmful for Crypto Transparency: Chainalysis

The international watchdog's draft recommendation for KYC compliance are unrealistic and may be harmful to the crypto industry, says Chainalysis.

from CoinDesk http://bit.ly/2DaH8sK

Blockchain Tech Startup Horizen Doubles Target to Raise $4 Million

Just-launched sidechains startup Horizen Labs has raised $4 million in a seed funding round – twice what it had initially planned.

from CoinDesk http://bit.ly/2D8x5Es

Thursday, 11 April 2019

Trade Organization ICC Eyes Blockchain Adoption for Its 45 Million Members

The world's biggest business organization is making blockchain available to its many members including Amazon, Coca Cola, McDonald's and PayPal.

from CoinDesk http://bit.ly/2D9CcUO

Zooko Wilcox Envisions ‘Ambitious’ Changes for Zach Cryptocurrency

Founder and CEO of the Electric Coin Company Zooko Wilcox envisions zcash to change radically over the next five years, starting with "an ambitious scalability improvement."

from CoinDesk http://bit.ly/2GaSZay

Polychain’s Assets Drop $376 Million Since August, SEC Filings Show

Polychain, one of the most elite funds serving startups in the crypto industry, is no longer a billion-dollar operation.

from CoinDesk http://bit.ly/2VDQswl

Crypto Exchange Bithumb Posts $180 Million Loss for 2018

Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018.

from CoinDesk http://bit.ly/2KuwDGN

MakerDAO to Increase Fees Above 10% Threshold in Bid to Stabilize DAI Stablecoin

Investors who hold tokens in the programmatic lending protocol MakerDAO appear likely to approve a fifth fee increase that would further raise the cost of platform’s US dollar-backed stablecoin DAI. Since Monday, five different options have been presented to MakerDAO token holders, all of which suggested different possible increases to the platform’s “stability fee,” the most extreme […]

from CoinDesk http://bit.ly/2P40KmS

21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules

With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.

from CoinDesk http://bit.ly/2UcOlhg

‘Crypto Stripe’ Flexa Raises $14 Million So You Can Buy Coffee With Bitcoin

Payments startup Flexa is using funds from a private token sale to make shopping with bitcoin at brick-and-mortar stores a reality.

from CoinDesk http://bit.ly/2Gi89MF

Binance Partners With CipherTrace in Latest Compliance Push

Binance is partnering with the blockchain analytics firm CipherTrace to beef up its anti-money laundering procedures.

from CoinDesk http://bit.ly/2U6KlPu

Digital Asset Scores Partnership With Cloud Computing Giant VMware

Software virtualization giant VMware is integrating Digital Asset's smart contract language into its blockchain platform.

from CoinDesk http://bit.ly/2P6Yiw8

Bitcoin Futures Exchange Bakkt Hires PayPal, Google Vet as Product Chief

Bitcoin futures platform Bakkt has brought Google Wallet and PayPal vet Mike Blandina as its chief product officer.

from CoinDesk http://bit.ly/2X652Nr

World’s Second-Largest Grocer Joins IBM Food Trust Blockchain

Albertsons Companies, the world's second-largest supermarket chain by sales, has joined IBM's food tracking blockchain.

from CoinDesk http://bit.ly/2uYoAHk

Pennsylvania’s State-Backed VC Firm Is Tokenizing an Investment Fund

Ben Franklin Technology Partners, a Pennsylvania-funded VC provider, is tokenizing shares in one of its funds.

from CoinDesk http://bit.ly/2P2KClI

Blockstack to Raise $50 Million in First Reg-A+ Crypto Token Sale

Blockstack has filed with the U.S. SEC to to conduct a $50 million token offering under the Regulation A+ framework

from CoinDesk http://bit.ly/2D9zkai

Bitcoin Drops Back to $5K Support After Failed Breakout

Bitcoin has fallen back close to psychological support at $5,000 after a failed breakout Wednesday.

from CoinDesk http://bit.ly/2GbGpbs

Tata Settles Securities Between 2 National Depositories on a Blockchain

India's second largest firm has completed a blockchain trial of cross-border securities settlement between two central securities depositories.

from CoinDesk http://bit.ly/2G51i88

US Energy Department Eyes Blockchain to Prevent Power Plant Cyberattacks

A U.S. Department of Energy lab is exploring blockchain technology as a line of defense against cyberattacks on power plants.

from CoinDesk http://bit.ly/2GfXTof

Wednesday, 10 April 2019

China’s New Policy Isn’t An Automatic Bitcoin Mining Ban – Here’s Why

Despite breathless headlines, a recent proposal by China’s economic planners would not automatically ban bitcoin mining.

from CoinDesk http://bit.ly/2uZHCgw

Coinbase Launches Crypto Visa Debit Card for UK and EU Customers

Coinbase has launched a Visa debit card allowing U.K. and EU users to spend crypto directly from their exchange accounts.

from CoinDesk http://bit.ly/2ULvTkb

Christine Lagarde Pits Circle Against JPMorgan in IMF Debate

Decentralized systems are coming for the banks, argued Circle CEO Jeremy Allaire, in a panel Wednesday at the International Monetary Fund.

from CoinDesk http://bit.ly/2Ia8sv5

A Freelance Job Market Is Moving Its 700,000-User Web 2.0 Business to EOS

Moonlighting, a platform for freelancers founded in 2014, is getting funding from Block.one's venture arm to port its users' profiles over to the EOS blockchain.

from CoinDesk http://bit.ly/2IqZM2W

New York Rejects Bittrex Exchange’s BitLicense Application

NYDFS has rejected Bittrex's application for a BitLicense, citing "inadequate" AML compliance among other reasons.

from CoinDesk http://bit.ly/2IkPRfc

Tensions Flare During MakerDAO Community Call Over Transparency Issues

Tough questions were asked Tuesday during a MakerDAO community call about who controls the overseeing organization's finances.

from CoinDesk http://bit.ly/2UqIF8x

Bain Capital and Ripple’s Xpring Invest in DeFi Founder’s ‘Scout Fund’

With a million dollars from Bain Capital and Ripple's VC arm, Robert Leshner's Robot Ventures is making small bets on early-stage crypto entrepreneurs.

from CoinDesk http://bit.ly/2P0WbcZ

South Korea’s Military Acquisitions Agency Plans Blockchain Pilot

The military acquisition agency of South Korea has launched a blockchain pilot project to improve defense business operations.

from CoinDesk http://bit.ly/2D6fk8B

Mauritius Issues Regulatory Guidance on Security Token Offerings

The Mauritius Financial Services Commission has clarified the rules applying to projects launching security token offerings.

from CoinDesk http://bit.ly/2IlJfNy

This Bitcoin Price Pattern Suggests $5,800 Potential Ahead

Bitcoin is trending inside an ascending triangle pattern on the hourly chart that brings potential for a move to over $5,880, analysis suggests.

from CoinDesk http://bit.ly/2VzXvGl

Top YouTuber PewDiePie Joins Blockchain Live Streaming Platform

PewDiePie, the world’s most popular YouTuber by subscriber numbers, is to live stream weekly on blockchain-based platform DLive.

from CoinDesk http://bit.ly/2D7xers

$60 Million and Rising: China’s Crypto Funds Try Lending to Beat Bear Market

Investors such as Bixin Capital, FBG Capital and Dong Zhao’s DGroup have been lending tens of millions of dollars in crypto since the fall.

from CoinDesk http://bit.ly/2IpH0Jg

Tuesday, 9 April 2019

The Unbelievable Brilliance of Binance

Whatever people make of Binance, the company's success isn't just unprecedented, it's precedent-setting.

from CoinDesk http://bit.ly/2D6mqtX

Digital Asset Is Writing Code to Help ISDA Standardize Derivatives Data

Digital Asset is developing software to ease adoption of derivatives group ISDA's potentially cost-slashing data standards.

from CoinDesk http://bit.ly/2Ko89Pk

Lawmakers Revive Bill to Exempt Tokens from US Securities Laws

Lawmakers are making a fresh attempt to give cryptocurrencies a legal standing within the U.S. U.S. Representative Warren Davidson reintroduced the Token Taxonomy Act on Tuesday, saying in a statement that the bill, if approved by Congress and signed into law, would “send a powerful message” to innovators that “the U.S. is the best destination […]

from CoinDesk http://bit.ly/2uXdzGh

Coinbase-Backed Securitize Launches One-Stop Shop for Token Services

Coinbase-backed Securitize has launched a referral network of sorts to help firms issue and manage digital securities.

from CoinDesk http://bit.ly/2OWuxhp

Bitfinex Drops Minimum Balance to Trade on Crypto Exchange

Bitfinex has removed its $10,000 minimum equity requirement to start trading on the cryptocurrency exchange.

from CoinDesk http://bit.ly/2WWhFdJ

Bitstamp Granted BitLicense, Will Expand Crypto Services in US

Europe-based crypto exchange Bitstamp has just received New York's 19th BitLicense, allowing it to offer five crypto trading pairs in the state.

from CoinDesk http://bit.ly/2Kj28mL

Bitcoin Trader Ordered to Forfeit $800K Gained via Unlicensed Exchange

A 22-year-old bitcoin dealer from the U.S. has been ordered to hand over $823,357 gained illegally via an unlicensed money transmission business.

from CoinDesk http://bit.ly/2uVD5fm

Gibraltar Stock Exchange Now Allows Listing of Tokenized Securities

The Gibraltar Stock Exchange is allowing financial firms to list blockchain-based securities on its GSX Global Market platform.

from CoinDesk http://bit.ly/2uXtZ1i

Hold-It-Yourself Crypto Exchange LGO to Roll Out Hardware Wallet in Q2

Non-custodial exchange LGO Markets has built its own hardware storage device and will also offer multi-signature wallets through BitGo.

from CoinDesk http://bit.ly/2OZFEGi

Bitcoin’s ‘Super Guppy’ Price Indicator Flips Bullish in First Since Early 2018

Several bitcoin price indicators have turned positive on the charts, strongly suggesting bullish momentum is growing.

from CoinDesk http://bit.ly/2U1vpSN

Facebook Said to Be Seeking $1 Billion in Funding for Crypto Project

Social media giant Facebook may be seeking a billion bucks in VC investment for its cryptocurrency project, an NYT reporter says.

from CoinDesk http://bit.ly/2OY0Oo9

Leading Advocate for Mt Gox Creditors Quits, Saying Bitcoin Payouts Could Take Years

The head of a large Mt. Gox creditor group is stepping down amid what he described as a legal quagmire that could take years to resolve.

from CoinDesk http://bit.ly/2FYbIGj

Opera Launches Dapp-Focused Desktop Browser With Built-In Ethereum Wallet

Opera has launched the desktop version of its new browser with a built-in wallet for ether, ERC-20 tokens and CryptoKitties-style collectibles.

from CoinDesk http://bit.ly/2Z0oaOL

Monday, 8 April 2019

China’s Economic Planning Agency Labels Bitcoin Mining an ‘Undesirable’ Industry

A Chinese government agency in charge of macro economic policies is labeling bitcoin mining as an "undesirable" industry in a draft economic proposal.

from CoinDesk http://bit.ly/2I4XO97

The Trolls Accused Me of ‘Crypto-Colonialism’ in Syria – I’m Listening

Cryptocurrency isn't colonialism in Syria – it's a step in ensuring the technological autonomy of the region.

from CoinDesk http://bit.ly/2I7DKmi

Next Bitcoin Core Release to Finally Let Hardware Wallets Connect to Full Nodes

It’s a moment true bitcoin nerds have been waiting for. In the coming release of Bitcoin Core, the 18th version of the cryptocurrency’s most widely used software, the code will finally, natively allow users to connect bitcoin full nodes to hardware wallets. It sounds technical, but it’s a big step for the security of the […]

from CoinDesk http://bit.ly/2D5roqD

Coinbase Pro Lists EOS, Augur’s REP and MakerDAO’s MKR Tokens

EOS, MKR and REP will become fully available for trading sometime Tuesday on Coinbase's professional platform.

from CoinDesk http://bit.ly/2Vxh4yQ

QuadrigaCX Officially Enters Bankruptcy With Millions Still Missing

Canadian crypto exchange QuadrigaCX should transition into bankruptcy in the coming days, a judge ruled Monday.

from CoinDesk http://bit.ly/2WYwGvR

How Coinbase-Backed Dharma Aims to Stand Out From Other Crypto Lenders

Dharma, the lending startup with backing from Coinbase and Polychain, wants to make peer-to-peer crypto loans accessible to all.

from CoinDesk http://bit.ly/2I7I4Ca

Western Union Integrates With Crypto Wallet to Expand Philippines Remittances

The money transfer giant has teamed up with blockchain startup Coins.ph to enable residents of the Philippines to directly receive cash remittances.

from CoinDesk http://bit.ly/2UujphS

Pantera Leads $3.5 Million Round for Lightning-Powered SparkSwap DEX

Pantera-backed SparkSwap has launched to offer pro traders litecoin-to-bitcoin atomic swaps using the lightning network.

from CoinDesk http://bit.ly/2Ik0rmH

Societe Generale-Owned Bank Launches Blockchain ETN

Kleinwort Hambros, a Societe Generale-owned bank and wealth manager, has launched a Luxembourg-listed blockchain exchange-traded note.

from CoinDesk http://bit.ly/2FZnYGD

Korean Crypto Scam Fleeced Investors for Over $18.5 Million

Police have reportedly used AI to spot a cryptocurrency Ponzi scheme in South Korea that cheated investors out of $18.5 million.

from CoinDesk http://bit.ly/2IkTIbW

Bullish Bitcoin Leaps Resistance Hurdle in Weekend Breakout

Bitcoin’s breakout from $5,050 resistance has defied overbought indicators and set a new target of $5,550 for the bulls.

from CoinDesk http://bit.ly/2KiIho0

GM, BMW Back Blockchain Data Sharing For Self-Driving Cars

General Motors will chair the next autonomous vehicle data markets working group, using blockchain to help share self-driving data.

from CoinDesk http://bit.ly/2G8Ga1S

Ripple Co-Founder Donates $25 Million in XRP to US University

Ripple co-founder Chris Larsen, his wife Lyna Lam and the Rippleworks nonprofit have donated $25 million in XRP to San Francisco State University.

from CoinDesk http://bit.ly/2uXErWB

Sunday, 7 April 2019

Crypto Market Capitalization Hits 5-Month High Above $185 Billion

Cryptocurrency's total market capitalization rose to $185.89 billion earlier today at 02:00 UTC, reaching its highest point since Nov. 18.

from CoinDesk http://bit.ly/2D2ER2F

Is It Time for a Blockchain Brexit?

The U.K. is on the brink of a previously unthinkable 'hard Brexit' from the European Union. A solution could be found in the capabilities of blockchain.

from CoinDesk http://bit.ly/2VAscvb

Even at $30, Bitcoin Was More Exciting Than Poker

Josh Rossi describes festive nights of playing poker with a who's who of the early bitcoin scene.

from CoinDesk http://bit.ly/2VxaPeI

Returns on Crypto Assets: The Hidden Message

A look at the search for additional revenue streams from crypto investments, and what that says about the evolution of the asset class.

from CoinDesk http://bit.ly/2UDIN3R

Saturday, 6 April 2019

The Easiest Way to Send and Lose Bitcoin in 2012

Early bitcoin adopter Dan Gallancy talks about the trials and tribulations of giving away bitcoin.

from CoinDesk http://bit.ly/2uQSvRL

The Media’s Cringeworthy Coverage of Bitcoin’s Latest Price Surge

From April Fools jokes to "mystery" orders fueling bitcoin's recent rally, mainstream media still struggles to understand basic aspects of the cryptocurrency market.

from CoinDesk http://bit.ly/2G3zIJy

Friday, 5 April 2019

Google Searches for ‘Bitcoin’ Hit Highest Total Since November

Google searches for "bitcoin" jumped to its highest level on Tuesday since Nov. 20, 2018 as the cryptocurrency surged above $5,000 on most exchanges.

from CoinDesk http://bit.ly/2IeviRv

Startup Behind Ethereum DEX Releases Lightning Developer Tools

Radar Relay, a decentralized exchange for trading tokens over ethereum, is branching out into bitcoin lightning technology.

from CoinDesk http://bit.ly/2D0av0q

Bosch and Wien Energie Demo Blockchain-Powered Refrigerator

Electronics giant Bosch and power supplier Wien Energie have revealed a blockchain fridge aimed to enable better control of electricity consumption.

from CoinDesk http://bit.ly/2HZmRdv

Bitrefill’s ‘Thor Turbo’ Lets You Get Started With Bitcoin’s Lightning Faster

Bitcoin startup Bitrefill is launching a new service aimed at helping onboard users of the lightning network more quickly.

from CoinDesk http://bit.ly/2WOyffO

Tron Dapps Saw $1.6 Billion in Volume in Q1 2019, Driven By Gambling

From dog racing to a "farm investment game," Tron is finding product-market fit crypto gambling dapps.

from CoinDesk http://bit.ly/2CYPiUJ

Russian Gas Giant Gazprom to Execute Business Contracts on a Blockchain

Russian state-owned gas giant Gazprom may soon begin using blockchain to execute and monitor contracts as part of its digitization plans.

from CoinDesk http://bit.ly/2YQuRmh

10 Passes To Go: Bitcoin’s Lightning Torch Will Soon Burn Out

The globe-trotting bitcoin payments experiment is nearing its end, having attracted participants like Twitter CEO Jack Dorsey.

from CoinDesk http://bit.ly/2Kc9Mzp

Coinbase Tops JPMorgan in LinkedIn List of Most Popular Employers

Crypto exchange Coinbase has ranked above investment banking giant JPMorgan in LinkedIn’s top 50 U.S. employers list for 2019.

from CoinDesk http://bit.ly/2FPYADk

Barclays, RBS, R3 Cut Property Transaction Times in Blockchain Trial

Barclays, Royal Bank of Scotland, R3 and more say they've reduced property transaction times to "less than three weeks" in a blockchain trial.

from CoinDesk http://bit.ly/2FTiJbC

Now There’s a Canadian Dollar-Pegged Stablecoin on the Way

Toronto-based cryptocurrency exchange Coinsquare is launching a stablecoin, pegged 1:1 to the Canadian dollar.

from CoinDesk http://bit.ly/2YLBNRL

Thursday, 4 April 2019

Road to Consensus with CFTC Chair Giancarlo – Regulating the Blockchain

CoinDesk's Nolan Bauerle goes one-on-one with the man whose regulatory oversight extends to the commodities and futures markets – including cryptocurrency.

from CoinDesk https://ift.tt/2K4JeQA

Canadian Court Rules Drug Dealer Must Hand Over $1.4 Million in Bitcoin

A Toronto judge has ruled that a 30-year old drug dealer must forfeit 281.41 bitcoins used in illegal activities on the dark web.

from CoinDesk https://ift.tt/2uJR4oe

Coinbase, Paradigm Invest $15 Million in Startup Behind Disappearing Blockchain

Made by the startup O(1) Labs, the lightweight Coda protocol is adding more big-name investors to its cap table.

from CoinDesk https://ift.tt/2IhDMaJ

The Biggest Winners from April’s Early Crypto Market Rebound

Cryptocurrencies across the board are flashing significant growth in the first few days of April.

from CoinDesk https://ift.tt/2UpegXq

Digital Asset Goes Open Source as Firm Eyes Closer Ties With Hyperledger

Blockchain startup Digital Asset is open sourcing its core software, in part to forge closer relations with other enterprise players.

from CoinDesk https://ift.tt/2VhREW4

Simple Bank’s Shamir Karkal Unveils New Blockchain Payments Startup

Sila, a startup launched by Simple Bank co-founder Shamir Karkal, has unveiled an open beta for its ethereum-based payments API platform.

from CoinDesk https://ift.tt/2G1nxgh

Bitcoin Faces Price Pullback Amid Extremely Overbought Conditions

Bitcoin could be in for a minor price retreat as the RSI is showing the most overbought conditions for 16 months.

from CoinDesk https://ift.tt/2VrXeoZ

New $50 Million Fund Makes First Investment in Blockchain ID Startup

A new $50 million VC fund set up by Nasdaq-listed company Okta has invested in its first startup, blockchain identity project Trusted Key.

from CoinDesk https://ift.tt/2YNTDUg

Crypto Exchange Binance Is Setting Up Shop in Singapore

A fiat-to-crypto exchange in Singapore, an imminent DEX launch and token staking are all in the Binance news today.

from CoinDesk https://ift.tt/2YO8EoX

SEC’s Crypto Token Framework Falls Short of Clear and Actionable Guidance

The SEC's guidance on crypto token sales, while welcome, is not quite the clarifying document the industry hoped for.

from CoinDesk https://ift.tt/2TQHREQ

Exchange Traded Products for XRP, Litecoin Go Live for EU Investors

Exchange-traded products (ETPs) tied to XRP and litecoin have gone live on Nordic Growth Market, a unit of Borse Stuttgart.

from CoinDesk https://ift.tt/2ONhejc

Wednesday, 3 April 2019

EU Blockchain Group Launches With SWIFT, Ripple Onboard

Over 100 firms including SWIFT, IBM and Ripple have joined a blockchain association officially launched by the European Commission on Wednesday.

from CoinDesk https://ift.tt/2CXtQQ3

SEC’s First Crypto ‘No-Action’ Letter Took 11 Months to Secure

The lawyer for TurnKey Jet explains the lengthy process of getting the first-ever assurance from the SEC that its token sale is good to go.

from CoinDesk https://ift.tt/2FMBai5

This New Lightning App Aims to Make Getting Paid Easier

A new service has launched to make it easier for people to accept money on bitcoin's lightning payments network.

from CoinDesk https://ift.tt/2YNPCij

Over 40 Central Banks Are Considering Blockchain Currencies: Davos Report

More than 40 central banks are experimenting with blockchain, says a new report by the World Economic Forum.

from CoinDesk https://ift.tt/2K3Lckp

SEC Issues First ‘No-Action’ Letter Clearing ICO to Sell Tokens in US

The U.S. Securities and Exchange Commission (SEC) has issued a "no-action" letter to TurnKey Jet, Inc., agreeing that tokens used by the startup are not securities.

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The SEC Just Released Its Crypto Token Guidance

The U.S. Securities and Exchange Commission has published fresh regulatory guidance for token issuers, nearly half a year in the making.

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Atomic Capital Makes Crypto’s Most Aggressive Lending Offer Yet

Atomic Capital is offering to lend up to 85 percent of the value of clients' bitcoin or ether, at double-digit interest rates.

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Former Obama Tech Officer Raises $3.7 Million for Blockchain SaaS Startup

Led by former Obama White House Deputy CTO Ed Felton, Offchain Labs is the latest startup vying for enterprise clients.

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Jamaica Stock Exchange to Pilot Bitcoin and Ether Trading

The Jamaica Stock Exchange is soon to trial bitcoin and ether trades with help from Canadian fintech firm Blockstation.

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These 3 Factors Were Likely Behind Bitcoin’s Price Surge to $5K

The cryptocurrency market sprang back to life with bitcoin's surge to 4.5-month highs yesterday. But why?

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Liquid.com Closes Funding Round Valuing Crypto Firm at ‘Over $1 Billion’

Crypto trading platform Liquid.com has been backed by Bitmain and IDG Capital in a funding round it says makes it the latest crypto unicorn.

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A16z, Polychain Invest $25 Million in Crypto Payments Startup Celo

Mobile-friendly cryptocurrency payments startup Celo has raised millions from A16z and Polychain in a private token sale.

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Tuesday, 2 April 2019

5-Star Swiss Hotel Set to Accept Bitcoin Payments

The Dolder Grand, a five-star hotel in Switzerland, will start accepting bitcoin payments from next month.

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Elon Musk Calls Dogecoin ‘My Fav Cryptocurrency’

Weeks after calling bitcoin "brilliant," Elon Musk has lauded one of the crypto market's oldest and silliest alternatives.

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A Small Bank in Germany Is Now Nearly 30% Owned by Crypto Companies

The blockchain startup Nimiq has just joined the ranks of WEG Bank AG shareholders like TokenPay and the Litecoin Foundation.

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A16z Moves to Place Bigger Bets on High-Risk Assets – Including Crypto

Andreessen Horowitz has reportedly registered all 150 of its employees as financial advisors to invest more heavily in risky assets such as crypto.

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$255 Million: Coinbase Confirms Extent of Crypto Insurance Coverage

Coinbase has revealed the details of its $255 million insurance policy for crypto held on customers' behalf.

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QuadrigaCX Crypto Exchange Could Soon Be Placed in Bankruptcy

EY, the court-appointed monitor for QuadrigaCX, is looking to move the exchange into bankruptcy.

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Bitcoin’s Price Rises Above Major Moving Averages In First Since 2018

Bitcoin is now trading above its 50, 100 and 200 day moving averages for the first time in nearly 15 months after the cryptocurrency breached $5,000 during Tuesday's trading session.

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Pakistan Central Bank Eyes Digital Currency Launch by 2025

The State Bank of Pakistan, the country’s central bank, is reportedly considering launching a digital currency as part of a modernization drive.

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PayPal Makes Its First-Ever Investment in a Blockchain Startup

Online payments giant PayPal has taken a stake in Cambridge Blockchain – its first investment in the blockchain space.

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Apple, Amazon Alums Behind Sharding Startup Raise $18 Million

Harmony, a "deep sharding" startup that hopes to one day help you turn your data into income, has raised $18 million in a token presale.

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A16z-Backed TrustToken Launches Stablecoin Pegged to UK Pound

Cryptocurrency startup TrustToken has launched its second stablecoin – and this time it's a token pegged 1:1 to the British pound.

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Sudden Bitcoin Price Breakout Sets New Bull Target at Over $5K

After today's breakout, bitcoin now needs to move above crucial resistance near $5,200 to solidify the case for a longer-term bull market.

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A New Bank for Crypto Traders Has Opened in Puerto Rico

A new Puerto Rico-based financial institution catering to traders of cryptocurrency has opened for business.

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XRP Exchange-Traded Product Goes Live on Swiss SIX Exchange

An exchange-traded product (ETP) tracking the price of the XRP cryptocurrency has gone live on Switzerland’s primary stock exchange SIX.

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Monday, 1 April 2019

Bitcoin Price Jumps to 4-Month High Above $4,900

The price of bitcoin jumped by 7 percent within 30 minutes on Tuesday and then reached above $4,900, its highest point in 4 months.

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Exchange Volumes May Be Fake, But Bitcoin’s Value Is Real

More than a critique of price manipulation rife across bitcoin markets, the Bitwise report shows cryptocurrencies' potential.

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Alt Season? Over 100 Crypto Assets Outperform Bitcoin in Q1 Surge

More than 100 cryptocurrencies outperformed bitcoin in what was the most bullish quarter the cryptocurrency market has seen since Q4 of 2017.

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Coinbase Soft Launches International Payments with XRP and USDC

Coinbase seems to have launched a new service for international payments, offering its users free transfers when they use XRP and USDC.

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True Life: I’m a Bitcoin

What's it like to be bitcoin? It's not all it's hashed out to be.

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Coincheck Launches OTC Crypto Trading for Institutions

Japanese cryptocurrency exchange Coincheck has launched an over-the-counter bitcoin trading service aimed at clients with deep pockets.

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ConsenSys Picks Latest 10 Blockchain Startups for Accelerator Program

ConsenSys Ventures has selected 10 blockchain startups for the second cohort of its accelerator program Tachyon, launching today.

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Pakistan Introducing Regulations, Licensing Scheme for Crypto Firms

The government of Pakistan is putting in place regulations that will see digital currency firms licensed to combat illicit uses of the technology.

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Bitcoin Price Posts Biggest Quarterly Gain Since Late 2017

Bitcoin made double-digit gains in the first three months of 2019, marking its best quarterly performance since Q4 2017.

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The US SEC Wants to Hire a ‘Crypto Specialist’ Legal Advisor

The U.S. Securities and Exchange Commission is looking for a “crypto specialist” to help develop a plan for digital and crypto securities.

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Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange

Kraken's Crypto Facilities has seen trading volumes in litecoin and bitcoin cash futures surge five-fold in recent weeks.

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