December 3, 2019

Save the Children Now Accepts Bitcoin Cash Donations

Making donations is a great way for the cryptocurrency community to spread acceptance for peer-to-peer electronic money to new people and institutions. And options for giving with bitcoin cash to your supported causes are expanding all the time, with organizations such as Save the Children joining in. Also Read: Alcor Life Extension Foundation Now Accepts Bitcoin Cash Donations Save the Children Adds More Crypto Capability Save the Children, which helps protect children from the effects of war and violence, has announced today the relaunch of its cryptocurrency fundraising capability effective 3 December, 2019. The global humanitarian organization is now able to accept multiple digital assets in automated fashion through its website including bitcoin core (BTC), bitcoin cash (BCH), ethereum (ETH), zcash (ZEC), litecoin (LTC) and the gemini dollar (GUSD). The organization initially accepted bitcoin donations in 2013, in response to […]
December 3, 2019

Swiss Stock Exchange SIX Lists Physically-Backed Bitcoin ETP

Nasdaq-listed asset manager WisdomTree has launched a physically-backed Bitcoin exchange-traded product on Switzerland’s main stock exchange
December 3, 2019

Crypto Merger and Acquisition Activity Totals $4 Billion Since 2013

TokenData decided to analyze merger and acquisition (M&A) activity in the crypto industry, and it discovered over 350 deals worth over $4 billion in the last seven years. The cryptocurrency industry has been around for nearly 11 years now, but that doesn’t mean that it has fully developed as of yet. In fact, it will likely be years, even decades before that happens. For now, this industry is still in its infancy, but even so — important developments are already underway. According to a recent report published by TokenData, there has been a significant rise in M&A (Mergers & Acquisitions) surrounding cryptocurrency-based firms. However, in the last decade, there has not been any official report regarding this type of activity, excluding news reports and maybe some high-level summaries. This is why TokenData decided to do its own analysis and report […]
December 3, 2019

Bitcoin to See Return of Bull Cross That Marked Onset of 2016-17 Price Rally

A bitcoin price indicator that marked the beginning of the 2016-17 bull market is about to make another appearance.
December 3, 2019

European Central Bank President Envisions Direct Digital Currency Use

The European Central Bank is exploring the potential for a digital currency, which would allow direct injections of liquidity to consumers, said Christine Lagarde, the bank’s new president. Digital Currency Optimism from IMF to ECB In her first hearing before the European Parliament as the head of the ECB, Lagarde continued spreading the message that central banks may adopt a digital currency. Lagarde has been friendly to the idea of digital currency during her mandate as head of the IMF, and will bring this attitude to the ECB. Still, Lagarde’s position was tentative, stating that direct liquidity injections may pose risks. A central bank digital currency would allow citizens to use central bank money directly in their daily transactions. However, depending on its design, a central bank digital currency could pose risks. For instance, they could alter the way in […]
December 3, 2019

Ethereum-Based Virtual Museum Tokenizes Censored Bitcoin Artwork

Cryptovoxels — an Ethereum-based virtual museum — has tokenized and preserved a censored Bitcoin artwork painted over by French authorities earlier this year
December 3, 2019

Bitcoin to Drop Below Central Bank Inflation Rate at Halving, Will Prices Surge?

The halving narrative appears to be the only thing left to look forward to for bitcoin in the short term. At the moment there is little else driving BTC fundamentally, and sentiment has turned bearish again as the asset starts to slide. Simple economic models and mathematics show that it could all change in six months’ time. Bitcoin Inflation Below 2% All hopes of a ‘Santa rally’ appear to be diminishing as BTC prices continue to slide and sentiment grows increasingly bearish. New options contracts from Bakkt and CME a month later are not bullish as they provide institutional investors with the ability to short the asset further. The only thing that could drive sentiment and bitcoin prices in the next six months is the halving. According to the countdown, this is likely to occur on or around May 15 […]
December 3, 2019

Institutions Are Showing Interest in ETP Tied to Binance Coin, Amun Says

Swiss crypto finance firm Amun says it’s received significant institutional interest in its exchange-traded product tied to Binance Coin (BNB).
December 3, 2019

Former Charlie Shrem Attorney to Represent Arrested Ethereum Dev

Trial attorney Brian Klein — erstwhile lawyer for Charlie Shrem and Erik Voorhees — will defend arrested blockchain developer Virgil Griffith
December 3, 2019

Sanctions Weren’t Discussed at North Korea Crypto Conference, Attendee Says

The U.S. government’s charges against Virgil Griffith are overblown, says one attendee of the North Korean conference that led to the ethereum developer’s arrest.
December 3, 2019

New Bitcoin Wallet Hides Addresses to Solve ‘Terrible’ User Experience

Bitcoin wallet solution replaces addresses to increase mass appeal
December 3, 2019

Upbit Hack: Stolen ETH Worth Millions on the Move to Unknown Wallets

One of the addresses associated with the Upbit theft last week has successfully moved $1.5 million in Ether to an unknown wallet
December 3, 2019

John McAfee Weighs in on Maximalism, Epstein’s Death, and ‘the Greatest Gift Since Fire’

When it comes to causing sensation in the crypto space, there are few figures like 2020 Libertarian presidential candidate John McAfee. The controversial crypto champion took time out with news.Bitcoin.com to discuss his presidential campaign, the clampdown of regulators on crypto, and even the futility of BTC maximalism. Not to mention his spin on the popular ‘Epstein didn’t kill himself’ meme. Also Read: McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat A Growing Surveillance State Asked about the recent FBI arrest of Ethereum Foundation member Virgil Griffith, and the climate of the crypto world in general, rogue politician and freedom advocate John McAfee is at no loss for words. “You know, we’ve turned into a surveillance police state in America, where anything that threatens what the FBI or the CIA determines is national security — […]
December 3, 2019

Ethereum Devs Decide to Increase Inflation, Delay Difficulty Bomb

Ethereum developers have agreed to postpone the difficulty bomb, thus increasing inflation when most coins are trying to reduce it. Ethereum Devs Delay Difficulty Bomb Again The recent debate regarding Ethereum’s difficulty bomb is finally finished, with a rough consensus being reached. According to developers, the difficulty bomb will see yet another delay. The details regarding what was said are a bit more difficult to acquire, as the public call between the developers experienced a number of technical issues. However, PegaSys’ Tim Beiko confirmed that the developers agreed to push the difficulty bomb by another 4 million blocks. According to estimates, the issue of difficulty bomb will next emerge in about 700 days, meaning in about two years. In other words, the bomb will kick in once again in 2021/2022. On the other hand, the PoS Beacon Chain will go […]
December 3, 2019

The SEC Has a New Chief Crypto Cop

The U.S. Securities and Exchange Commission has appointed a new head of the cyber unit that tackles crypto firms breaking the law.
December 3, 2019

Tron (TRX) Price Analysis: Risk Of Fresh Decrease Below $0.0150

Tron price is struggling to clear a couple of important resistances near $0.0160 against the US Dollar. TRX price is currently trading above the $0.0152 and $0.0150 support levels. There is a key bearish trend line forming with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex). The price could start a fresh decline if it fails to surpass $0.0160 and $0.0614. TRON price is currently consolidating below key resistances against the US Dollar and bitcoin. TRX price must break the $0.0160 resistance area to climb towards $0.0184 and $0.0200. Tron Price Analysis After a strong decline, TRON price found support near the $0.0132 level against the US Dollar. Later, TRX price started an upside correction and traded above the $0.0148 resistance area. Moreover, there was a break above the $0.0155 resistance and the 55 simple moving average […]
December 3, 2019

Litecoin Foundation Creates A Dedicated Trust Fund To Address Fungibility Issues

The Litecoin Foundation is moving forward in order to grow the whole Litecoin (LTC) ecosystem. The Foundation decided to set up a dedicated development fund that will be […] The post Litecoin Foundation Creates A Dedicated Trust Fund To Address Fungibility Issues appeared first on UseTheBitcoin.
December 3, 2019

Bitcoin Lightning Network Payments Hit Bitfinex in Industry First

Bitfinex: Lightning Network forms first of two major upgrades
December 3, 2019

Ethereum Price Analysis: ETH Approaching Next Key Break

Ethereum price is facing a few important resistances near $152 and $158 against the US Dollar. ETH price is currently trading below $150, but also holding the $148 support area. There is a major breakout pattern forming with support near $148 on the 4-hours chart (data feed from Coinbase). The price could either rally above $152 or it might start a fresh decline towards $138. Ethereum price is likely setting up for the next key break against the US Dollar. ETH/USD must climb above $150, $152 and $155 to start a strong recovery. Ethereum Price Analysis After a major drop in Ethereum, the $132 level acted as a decent support against the US Dollar. ETH traded as low as $132.10 and recently started an upside correction above the $140 zone. Moreover, there was a break above the $150 level and […]
December 3, 2019

CME Details Bitcoin Options as Bakkt Options Launch Nears

The battle of the bitcoin futures platforms is heating up. The Chicago Mercantile Exchange has released details of its new BTC options contracts while the launch of Bakkt’s equivalent product is less than a week away. How will bitcoin prices react? More Institutional Bitcoin Products This time two years ago the CME was poised to launch its game-changing bitcoin futures contracts. It was the first time investors were able to short the digital asset and they did it spectacularly. Since then it has been widely reported that the US government purposely fast-tracked the offerings in order to burst the BTC bubble. It worked; Bitcoin hit its all-time high the day after the launch and tanked over 80% the following year. Fast forward two years and the scene is completely different. Markets have settled somewhat and institutional investors have a lot […]
December 3, 2019

Binance Acquires Beijing-Based Blockchain Data Startup DappReview

The DappReview acquisition will help Binance further develop its existing dapps.
December 3, 2019

Singaporean Gov’t Blockchain Platform Facilitates $15.7 Million in Fundraising

Tribe facilitated another $15.7 million in fundraising to support blockchain startups
December 3, 2019

Indian Province Trials Blockchain for P2P Solar Energy Trading

Real-world use cases for blockchain technology can be found all over the world. In India, the state of Uttar Pradesh will allow for blockchain-based solar energy trading.  India can become a crucial region regarding the development of blockchain technology. Peer-to-peer Trading of Solar Energy One of the country’s newest ventures focuses on the trade of solar energy. Two state-owned solar energy companies in the state of Uttar Pradesh will begin utilizing blockchain technology to that extent. It is the first pilot project involving solar energy generated by state government buildings. The first phase of this pilot project will begin in March or April of 2020. Once the results of this solar energy trading become apparent, the involved parties will determine if it is a viable option to explore further. Introducing the peer-to-peer trading of this energy through blockchain technology provides […]
December 3, 2019

Ethereum Developer Virgil Griffith to Be Released From Jail Pending Trial

A judge ruled that the U.S. Department of Justice has enough evidence to move a case against ethereum developer Virgil Griffith to trial.
December 3, 2019

Ethereum Developer Virgil Griffith Has Been Released From Jail Pending Trial

Virgil Griffith has been released from jail pending trial, attorney Brian Klein tells CoinDesk.
December 3, 2019

Monero Implements Hard Fork, Including New ASIC-Resistant Mining Algorithm

Monero has completed its hard fork and has introduced RandomX, a new ASIC-resistant mining algorithm
December 2, 2019

Why You Should Treat Casino Play Like Trading and Vice Versa

Here’s the thing about playing casino games: The most dangerous thing you can do is gamble when you are angry. It’s in all the literature and responsible gambling advertisements set out by bodies like the UK Gambling commission. In short, if you are flustered, angry or, let’s face it, slightly inebriated, your decision-making goes down the pan. And, as a consequence, lose a lot more than is intended.  As most are aware, you are supposed to have the same type of levelheadedness when trading and investing. There is a bit more of planning and organising going into trading a financial asset than the spin of a roulette wheel, of course, but some of the fundamentals remain the same. For instance, many traders will execute sell-stop orders with their trades. This method of protecting long positions will trigger a market sell […]
December 2, 2019

Former CFTC Chair to Remain Focused on Crypto and Blockchain at New Law Firm

Former CFTC chairman joins New York-based law firm where he will reportedly continue to advocate for the U.S. digital dollar
December 2, 2019

Bitcoin Price Shifts Toward Key Moving Average as Bears Target $5,000

Bitcoin’s 200-week moving average has been a strong support but a break below it would make raise the chance of a drop to $5K
December 2, 2019

Ex-CFTC Chair Giancarlo to Push for Digital Dollar in New Role at White-Shoe Law Firm

Christopher Giancarlo has joined law firm Willkie Farr & Gallagher as its new senior counsel, where the former CFTC chief intends to continue advocating for a digital dollar and other policies.
December 2, 2019

Bitcoin: Where Does the End of Thanksgiving Leave It?

At the time of writing, bitcoin has dropped to about $7,200 – a near $200 drop from just 24 hours ago. Bitcoin: A Minor Drop, Nothing More The currency is continuing its present volatile run, and there’s no way to predict how or where it will end up. November is typically a crazy month for the cryptocurrency – at least it has been in the past – but as the Thanksgiving holiday comes to an end, perhaps we can all be a little thankful that while this month did bring about a few scares, things haven’t been as bad as they were previously. We all remember November of 2018 and the damage that was done to bitcoin’s value and reputation during that time. Two summers ago, the currency was traversing through the $6,000 range and stayed there for a few […]
December 2, 2019

US SEC Hires In-House Attorney As New Chief Of Cyber Unit

U.S. SEC hires in-house attorney as Chief of the Division of Enforcement’s Cyber Unit
December 2, 2019

LCX Terminal crypto trading platform adds free tier and new exchange connectivity

The Liechtenstein Cryptoassets Exchange (LCX), announced today fresh updates for its advanced multi-exchange crypto trading platform, the LCX Terminal. New features include a free-tier plan, new payment methods, improved ID verification process, new exchange connection, and overall performance enhancements. Free Tier + Credit Card Payments The LCX Terminal now features a Free Plan which includes […] CryptoNinjas: LCX Terminal crypto trading platform adds free tier and new exchange connectivity
December 2, 2019

Despite the Recent Slump, Crypto Prices Improved a Great Deal in 2019

As far as prices are concerned, 2019’s cryptocurrency markets fared much better than the year prior. Currently, the entire market capitalization of all digital assets is hovering just above the $200 billion mark. The following is a look at the cryptocurrency market’s biggest gainers and worst losers so far in 2019 to get some perspective of possible outcomes and historical trends as the year ends. Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange The Biggest Percentage Changes in Crypto so Far There’s one more month left in 2019, and digital currency fans are curious about how markets will finish at the year’s end. So far, most cryptocurrencies did well this year and outperformed most traditional financial investments. For instance, as far as percentage changes over the course of one year in USD, six out of the 10 largest […]
December 2, 2019

Banks in Germany Will Start Selling Crypto to Customers Next Year

Germany has recently announced that its traditional banks are about to start selling bitcoin on a regular basis. Germany To Start Selling Crypto The news is a huge step forward in that traditional financial enterprises and cryptocurrencies have always been at war with each other. Banks deliver centralized tools and services to people. They are controlled by financial agencies and government regulators and prevent bad actors from doing too much damage. This is all a very good thing, but the main problem with central banks is that they don’t allow everyone to live equally. Their services are not available to everybody, especially those in developing countries or those who don’t have the credit or the financial histories necessary to take advantage of these services. This is where crypto often comes in. Entities like bitcoin, for example, don’t care about your […]
December 2, 2019

Ripple Transfers 1 Billion XRP Tokens From Escrow Wallet and Back Again

Ripple transfers a total of 1 billion XRP tokens from its escrow wallet today, only to send it back minutes later
December 2, 2019

Huobi Says It’s Joining a Chinese Government-Led Blockchain Alliance

Huobi China has joined a blockchain consortium backed by a powerful state-sponsored entity.
December 2, 2019

Cryptocloaks offers Plenty of Bitcoin Node Customization Options

Running a Bitcoin network node is often considered to be a technical process. Cryptocloaks specializes in making it easier to do, as well as providing more customization options. In theory, it is not overly complicated to set up a Bitcoin network node. A Different Take on Running a Bitcoin Node With a few hours of patience and a Raspberry Pi 3B or newer, one can get pretty far.  However, there aren’t necessarily too many physical customization options when exploring this process. There is also the factor as to how it remains somewhat complex to go through all the motions. Cryptocloaks has come up with a solution called Build-a-node. Under the hood, it allows users to build their own Bitcoin or Lightning node accordingly. It is even possible to accept cryptocurrency payments through the integrated BTCPayServer offering.  Giving customers all of […]
December 2, 2019

Is a Blockchain Based Future in China Really a Good Thing?

Crypto markets are still cooling off from a massive bout of FOMO that originated from China last month. The state’s new endorsement of blockchain technology sent a shock wave of excitement throughout the space, as the nation prepares to launch its own sovereign digital currency. But is this move really a good thing for the space?  China’s New Drive According to recent reports China has clear ambitions to become a world leader in distributed ledger technology. The Communist Party and local governments across the country are likely to view president Xi’s recent comments on the tech as a call to action. State propaganda outlet, People’s Daily, has been ramming the message home with editorials such as this in recent weeks; officials and party cadres must understand that the top leadership attaches high importance to blockchain technology due to the prospects […]
December 2, 2019

Binance’s CZ: This Vibrant Country Is One Of The Fastest-Growing Crypto Nations

CZ has big plans for “second Rome”
December 2, 2019

Bitcoin Price: Cracking $7.4K Opens Path to $8.1K Resistance — Analyst

Bitcoin may yet drop to $6,900 if the current price gives way, warns a trader
December 2, 2019

Price Analysis 02/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Bitcoin price is still weak but if traders believe that $6,500 was the bottom then altcoins could begin to rally higher
December 2, 2019

MARKETS DAILY: A North Korean Conspiracy and Top Hacks of 2019

This time we’re talking crypto and traditional market, an ethereum developer in hot water after alleged sanction busting, and a look at this years biggest exchange hacks.
December 2, 2019

Jack Dorsey: I Will Bring BTC to Africa

Bitcoin has had a very up and down year when it comes to its price, but for men like Jack Dorsey, the CEO of both Twitter and Square, the cryptocurrency is very much the future of finance. Dorsey: BTC Is Going Places Dorsey has been promoting bitcoin since the beginning. Just last year he announced that he believed bitcoin would become a global currency. In other words, individual fiats would not exist. Everyone across the continents, whether they were in Asia, North America or Europe, would be using bitcoin to pay for goods and services, but its price and volatility still leaves a lot to be desired. BTC initially began the year in the low $3,000 range. It fell to this position in November of last year and hung at this spot for the next five months, eventually spiking to […]
December 2, 2019

Squarelink introduces non-custodial private key recovery tool for DApps

Squarelink, a blockchain key management tool to bridge the gap between usability and decentralized security, recently added non-custodial private key recovery for several DApps using its wallet management tool. Squarelink is a pure non-custodial private key recovery platform for cryptocurrency and blockchain applications. Other solutions rely on OAuth providers such as Google or custodial key-management […] CryptoNinjas: Squarelink introduces non-custodial private key recovery tool for DApps
December 2, 2019

Waves DEX Shuts Down and Relaunches as Hybrid Cryptocurrency Exchange

Decentralized crypto trading platform Waves DEX shut down to transition to a new, hybrid exchange
December 2, 2019

The Difference Between Transacting with PayPal and Cryptocurrencies

Every year, there are billions of transactions that are made online. The rise of e-commerce is just really pushing for more transactions to be made online. Because of this, many businesses are figuring out the best and most convenient ways to make transactions. PayPal is one of the popular digital wallets out there that are used by many. This year, there are already over 170 million active accounts on this platform. This is popular to many freelancers and business owners too. PayPal has been around since the year 1999 but its first public offering was in 2002. As of today, PayPal already processes over 300 million USD worth of payment with over 5 million transactions each day. Many use this platform for online purchases, most especially for eBay users. Aside from purchasing goods, PayPal users can also spend their funds […]
December 2, 2019

OneCoin Website Goes Offline as Net Closes in on $4B Ponzi Scheme

After years of fraud, OneCoin’s website finally goes dark
December 2, 2019

Vertcoin Network Sabotaged by Another 51% Attack

The Vertcoin (VTC) blockchain was 51% attacked on Sunday, December 1, which saw 603 VTC blocks replaced by 553 blocks from the attacker. This is the second time the ASIC resistant Vertcoin chain was ambushed, as the network suffered a 300-block reorg a year ago. Also read: Cryptocurrency Projects Aiming to be ‘ASIC Resistant’ Have Little Success Vertcoin 51% Attacked Again Vertcoin, a fork of the Bitcoin protocol, is an alternative cryptocurrency that’s been around since January 2014. The community and developers behind the project believe VTC is different because it claims to be ASIC resistant. However, throughout October and December 2018, the Vertcoin network dealt with a series of 51% attacks and a number of blockchain reorganizations (reorg). Vertcoin dealt with 51% attacks and reorgs in October and December. A 51% attack is when a single entity (miner) takes […]
December 2, 2019

Sri Lanka’s Central Bank Calls for Blockchain-Based KYC Proposals

Sri Lanka’s Central Bank wants to use a blockchain system for local banks’ “know-your-customer” protocols.
December 2, 2019

Blockchain Firm Figure Technologies Secures $58M, Aims for $103M

San Francisco-based fintech firm Figure Technologies has secured $58 million in a funding round that aims to raise $103 million
December 2, 2019

Bitcoin Death Cross On Monthly MACD Spells Doom For December

A bearish cross on Bitcoin’s monthly moving average convergence/divergence (MACD) indicator could spell challenging times ahead. Such crosses occur when the 26-week moving average (MA) of BTC price goes above the 12-week MA. A Cross Into Bearish Territory As pointed out in a tweet yesterday by commentator, Byzantine General, the 12-week MA fell below the 26-week MA on the monthly scale. This indicates that a negative short term trend is having more of an impact than underlying movements in BTC price. The monthly MACD on #bitcoin just had a bearish cross. Yikes. pic.twitter.com/kOB65aOAq3 — Byzantine General (@ByzGeneral) December 1, 2019 In general, indicators on higher time-frames give stronger signals, so a bearish cross on the monthly chart is seen as especially bad. Bitcoin has been struggling to regain its upwards price momentum from earlier in the year, which saw the end […]
December 2, 2019

Turkish Lira backed stablecoin platform BiLira soon to launch

BiLira, a stable cryptocurrency that is backed by the Turkish Lira (TRY), where users can always buy and redeem 1 BiLira (TRYB) for ₺1.00 Turkish Lira, is soon to launch. Every BiLira is 100% collateralized by TRY and is custodied by the company’s banking partners, which include: Garanti, VakıfBank, Fibabanka, and Turkish Bank. Anyone who […] CryptoNinjas: Turkish Lira backed stablecoin platform BiLira soon to launch
December 2, 2019

Kakao’s Delayed Crypto Wallet Will Support Native Dapps, Collectibles

Kakao’s in-development wallet for its “klay” cryptocurrency will support dapps and tokens based on the firm’s blockchain tech. The bad news is the launch has been delayed.
December 2, 2019

Ixinium to Announce IEO Launching on December 5th on P2PB2B

The ever rising company looks to raise up to $100 million USD to build out an online platform that delivers decentralized and transparent asset-backed cryptocurrency, which is fully insured for replacement value. Crypto-financial hybrid, Ixinium, has officially announced an upcoming IEO that will take place in 4 rounds starting from 5th December then throughout the month on P2PB2B. Currently the world has to face a lot of financial issues and crises. The fiat Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver. The value of fiat money is derived from the relationship between supply and demand and the stability of the issuing government, rather than the worth of a commodity backing it. Most modern paper currencies are fiat currencies. Historically, governments would mint coins out of a valuable physical commodity, […]
December 2, 2019

Bitcoin “Natural Corridor of Growth” Not Guaranteed

Models on Bitcoin (BTC) future behavior see the coin as following a path of appreciation over the years, potentially suggesting that future prices would follow the same trend. But new research suggests the “corridor of growth” may be an exercise in retrofitting, and not of prediction. PlanB Model Breaks Down on Real Price Analysis It is true that Bitcoin has grown over the years, but the scenario of perpetual growth, fueled by adoption and reward halvings, does not hold to statistical analysis. The natural growth channel model, proposed by Harold Christopher Burger, fits BTC price growth into a directed, price-limited chart of growth, based on a regression of prices. The model falsification arrives a few weeks after in-depth analysis also debunked the stock-to-flow narrative. However, this model only uses past data – and it may not hold true in the […]
December 2, 2019

OneCoin Website Shuts Down, Scheme Still Operational

The OneCoin website is finally down – further unraveling one of the biggest Ponzi schemes in the crypto space. The portal that offered “educational packages” was a remnant of the scheme, and is still carrying user balances. OneCoin Site Carried Data About User Investments The OneCoin.EU website is now down, and the DNS record is under investigation for further leads into the OneCoin scam. The site continued storing OneCoin balances, even potentially facilitating OTC trades. The site went down just a few days after reports of a nondescript van and workers clearing off the final debris from the OneCoin offices in Sofia. In the meantime, Dr. Ruja Ignatova, the mastermind behind the scheme, is still at large. Some action at the OneCoin HQ at last. Doors opened. A small beaten down van parked in front and was filled with various […]
December 2, 2019

SoftBank Launches New Blockchain Wallet Card

Japan’s telecom carrier SoftBank launched its SBC Wallet Card (Softbank Card 3.0), which integrates a blockchain wallet.   SoftBank Claims its Blockchain Card Has Better Security Besides the basic features of a bank card, Softbank Card 3.0 incorporates multiple functions. The card’s security relies on SoftBank’s proprietary encryption system that uses several encryption mechanisms. Card users can choose between hot and cold wallet functions. The card acts both as a typical credit card and as a digital wallet. In addition, it integrates the Internet of Things (IoT) chips that can connect with smart home appliances. The card can be managed via a special application. Users can download the app to handle their fiat currencies, digital currencies, electronic payment service, and credit card function. By turning on the Wi-Fi module, the card implements a hot wallet, while a cold wallet can […]
December 2, 2019

Coinify adds support for Nano to its crypto payment and exchange platform

Coinify, a blockchain and crypto payments platform provider, today announced it has integrated Nano (NANO) into its services, making it available to individuals as well as to ten thousands of merchants globally. The addition of the instant and fee-less transactions offered by Nano provides even more options for accepting crypto payments alongside traditional fiat methods. […] CryptoNinjas: Coinify adds support for Nano to its crypto payment and exchange platform
December 2, 2019

CryptoBridge Decentralized Exchange Shuts Down Citing Regulations, Markets

Decentralized exchange CryptoBridge shuts down due to purported market conditions and regulatory pressure
December 2, 2019

Dash Core Senior Advisor Disappears with Investor Funds

Has Dash Core Group Senior Advisor MooCowMoo pulled an exit scam with a so-far-unknown quantity of Dash investors’ funds? Here’s what is known so far. Core Advisor MooCowMoo Disappears Senior Advisor for Dash Core Group (@Dashpay), owner of a “Masternode Shares” service, disappears with the funds of several Dash Investors. Dash Core Group tells users to figure it out themselves: “there is power in numbers”.@CoinSpice @coindesk @fluffypony pic.twitter.com/uiuvt9AlJL — DashUncensored (@DashUncensored) December 2, 2019 What looks to bear all the classic hallmarks of an exit scam came to light yesterday when one Dash user, Erulian, posted a message on the Dash Forum. However, he had waited plenty of time. Users of MooCowMoo’s shared masternode service were emailed on Aug 10 earlier this year. They were informed that the Dash Core Group Senior Advisor and owner of a “Masternode Shares” service […]
December 2, 2019

Crypto Valley Association unveils Swiss best-practice Asset Tokenization Paper

The Crypto Valley Association (CVA), an independent, government-supported global blockchain and cryptographic technology ecosystem, will release its Asset Tokenization Paper at the inaugural launch event for its Western Chapter today. The paper, which defines the tokenization process for Swiss companies, also addresses legal and technical questions relating to asset tokenization, and provides guidance to those […] CryptoNinjas: Crypto Valley Association unveils Swiss best-practice Asset Tokenization Paper
December 2, 2019

Power Ledger, Indian Government to Boost Renewables With P2P Energy Trading Initiative

Australian blockchain startup Power Ledger will pilot a peer-to-peer solar energy trading platform alongside an Indian utility firm and a government agency.
December 2, 2019

SoftBank Releases Debit Cards With Built-In Blockchain Wallet

SoftBank developed a debit card featuring a built-in blockchain wallet for crypto storage
December 2, 2019

Crypto exchange Bitpanda launches iOS app

Bitpanda, a bitcoin and crypto exchange company based out of Vienna, Austria,  has announced that its app for iOS is finally now available. Exchange access on mobile is also available for Android users. The app allows users to store, buy, sell and swap bitcoin, gold and over 30 other digital assets wherever and whenever. The […] CryptoNinjas: Crypto exchange Bitpanda launches iOS app
December 2, 2019

Regulatory Roundup: Germany to Let Banks Sell and Store Crypto, Laws Changing in Asia

Some major regulatory developments in the crypto space have transpired this week. Not only has Germany passed a bill allowing banks to sell and store cryptocurrencies, but South Korea and Thailand are also amending their laws to better regulate the crypto industry. We also cover crypto news involving the governments of China, Japan, and the U.S., including the arrest of an Ethereum Foundation member. Also read: Regulatory Roundup: China Rekindles Cleanup, US Widens Oversight, India Defers Decisions German Bill Authorizes Banks to Deal in Crypto A bill has reportedly been passed in Germany allowing banks to sell and store cryptocurrencies for customers. Starting in 2020, financial institutions in Germany will be able to offer cryptocurrencies, including bitcoin, alongside traditional investments such as stocks and bonds. They can also provide crypto custody services to customers. The bill proposes eliminating the requirement […]
December 2, 2019

Bakkt Futures Traders Avoid Physical Bitcoin Delivery

The hope that Bakkt futures traders would seek out physical delivery settlement to become Bitcoin (BTC) holders may be unfounded. So far, futures traders prefer to roll over their contracts before expiration. Bakkt Traders Roll Over and Refuse BTC Delivery The Bakkt platform physical settlement BTC product arrived with the hopes of turning institutional and professional traders into holders of coins. However, the desire to own actual BTC, even in Bakkt custody, was not as high as previously thought. Only 15 actual BTC were delivered in October, with most of the futures rolled over, shows recent analysis. Some believe Bakkt’s volume is fully backed by bitcoins. This is not even remotely the case. Almost nobody takes physical delivery. This is not a problem. It is normal for futures traders to not take delivery, in all assets. But Bakkt is no […]
December 2, 2019

Dutch Crypto Startups Brawl With Regulators Over Scope of EU Money Laundering Rule

Dutch crypto startups are crying foul as local regulators look to implement the EU 5th Anti-Money Laundering Directive ahead of a Jan. 10 deadline.
December 2, 2019

South African Central Bank to Reportedly Introduce New Crypto Regulations

The South African Reserve Bank will reportedly introduce new rules on cryptocurrencies to deter users from evading currency controls
December 2, 2019

Litecoin-Funded Grin Developer Challenges Mimblewimble’s Privacy Issue

A Litecoin Foundation-funded developer at Grin suggests a solution for fixing the “Achilles heel of Mimblewimble privacy”