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Ripple is Like Amazon In Its Early Days, Says Brad Garlinghouse
18.2.2020
Jeff Bezos, Founder of Amazon in 1999, or five years after the company was founded. Ripple was founded eight years ago, in 2012. Image: a video screenshot, Youtube, CNBC
Ripple CEO Brad Garlinghouse says his company wants people to think of it as a blockchain infrastructure builder – adding that...
Seven "Golden Crosses" Shine in the Top 10 as Bitcoin Enters the Club
18.2.2020
Source: iStock/Ivan-balvan
Just as the crypto market sees the first signs of a recovery after the weekend sell-off, several major cryptoassets are showing a highly bullish signal in their charts in the form of a so-called “golden cross.”
At the time of writing (8:50 UTC), a golden cross has formed...
IOTA Closed for 6th Day, MIOTA up 4% on Remediation Plan
18.2.2020
The IOTA (MIOTA) mainnet is closed for the sixth day now, while MIOTA is up almost 4% on the shared remediation plan.
As reported, IOTA first advised people to keep their Trinity wallets closed on February 17, while they investigate the reports of stolen funds, even turning off the Coordinator,...
T-Mobile, Orange and Other Giants to Test Blockchain-powered Platform
18.2.2020
Four of the world’s biggest telecoms providers will cooperate on a joint pilot that could see blockchain technology applied to inter-operator roaming agreements.
Per Mobile Europe, Deutsche Telekom and its United States-based mobile and wireless network operator T-Mobile US will team up with...
South Korean Banks ‘Sitting on Crypto Plans in Regulatory Limbo’
18.2.2020
South Korean financial institutions have formulated crypto business plans – but cannot go public with them due to a lack of regulatory clarity, claim bankers in the country.
News outlet Hangook Ilbo quotes an unnamed “senior official” at a South Korean bank as stating,
“Banks in South Korea cannot...
DeFi Loses USD 140M in a Few Hours as bZx Suffers Another Exploit
18.2.2020
Assets locked in DeFi (decentralized finance) have dropped more than USD 142 million in a few hours as DeFi platform bZx suffered yet another attack.
Just four days ago, somebody exploited a vulnerability in tokenized margin trading and lending platform bZx, and now the reports are coming out that...
Bitcoin Consolidating Losses While Altcoins Start Fresh Increase
18.2.2020
Recently, there was a downside extension below the USD 9,650 support, but bitcoin found support near USD 9,550 and USD 9,500. As a result, it started a short term recovery above USD 9,700 and it is currently (09:00 UTC) consolidating below the USD 9,850 resistance area.
On the other hand, many...
Crypto Listing and Delisting Announcements: Week 7
17.2.2020
Source: iStock/~UserGI15632523
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Crypto Market Sentiment is the Highest It's Been In a Year
17.2.2020
Despite a recent sell-off, today we find the crypto market sentiment with a score it hasn't seen in at least a year. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins is 6.23 - the highest score we've written down since starting this series a year ago....
Europeans Launch Bitcoin Friendly POS Terminal + More News
17.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Payment solutions provider Ingenico has teamed up with Austrian fintech firm Salamantex to release a new POS terminal...
Cash Users in China Risk to Get Coronavirus, Banks Disinfect Banknotes
17.2.2020
Chinese officials are waging an unexpected war on cash in the wake of the coronavirus outbreak – amid fears that contaminated banknotes could spread the deadly virus.
The country’s central People's Bank of China (PBoC) has launched a campaign that, per the South China Morning Post, will see it...
Whale Rakes in USD 9 Million as Bitcoin Market Slides
17.2.2020
Source: iStock/Marie-Elizabeth Mali
After a highly volatile weekend in the bitcoin (BTC) market, news came out on Sunday that a large trader on the popular crypto exchange Bitfinex may have raked in USD 9 million in a matter of minutes as the BTC price dropped.
Judging from a screenshot of...
Ledger, Binance fell "Victims" of Bull Run
17.2.2020
A recent bull run in the crypto market left some industry players struggling to deal with the increased demand for their services. A major hardware wallet producer warned that their clients will need to wait longer for help, while a crypto trading giant is also experiencing "performance...
Troubled FCoin Goes Bust Leaving Up to USD 116 Million in Limbo
17.2.2020
Source: iStock/Lisa-Blue
Troubled Chinese crypto exchange FCoin expects that "the scale of non-payment is between 7000-13000 BTC" (USD 62.5 million - USD 116 million) after it run into troubles last week.
As reported, on February 12, the exchange stated that they lost "contact of key personnel...
A DeFi Hack Fuels Debate, Litecoin's Lee Bashes 'Decentralized Fiatre'
17.2.2020
Alibaba Launches Blockchain-powered Initiative Amid Coronavirus Fears
17.2.2020
A number of Alibaba subsidiaries have begun offering solutions that operators hope will help companies trying to do business while the nation battles the coronavirus – including blockchain-powered online "contactless bidding” features.
Per media outlet Crypto Watch, Chinese financial media outlets...
Bitcoin Struggling While Altcoins Nosedive Below Supports
17.2.2020
Bitcoin started the week on a bearish note and declined below a few key supports near USD 10,200 and USD 10,000. BTC/USD even declined below USD 9,850 before it found support near the USD 9,650 area. It is currently (09:00 UTC) consolidating above USD 9,650 and facing a strong increase in selling...
Russian Central Bank Wants Banks to Flag Crypto Deals as ‘Suspicious’
17.2.2020
Russia’s Central Bank has unveiled a plan to ask banks in the country to flag account holders who deal with cryptoassets as “suspicious.”
Per news outlet RBC, the Central Bank has submitted a request to make amendments to the key 375-P protocol, a document that outlines the way that banks should...
Will "No KYC" Exchanges Survive in a Regulated Crypto Industry?
16.2.2020
For those of us who have been around since before the great crypto boom of 2017, having to undergo KYC (know your customer) procedures at digital asset exchanges was somewhat of an anomaly. “Back in the day” you were able to register to most crypto trading platforms using an email address and that...
Which Crypto Projects Had the Most Active Developers in the Past Year?
16.2.2020
What sort of metrics can you use when you are trying to determine the health of a crypto project?
Perhaps one of the most intuitive yardsticks – particularly in a bear market – is developer activity.
So let us take a look at the major crypto projects that have shown the highest amount of developer...