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Telegram Offers to Postpone Launch of the TON Network
18.10.2019
Telegram, which was surprised with a last minute restraining order on the sale of its tokens in the U.S., is now ready to delay the launch of the TON network until the spring of next year. The company has informed the New York court reviewing the case that it can suspend all operations with grams...
Ethereum Name Service Adds Infrastructure for Multi-Currency Support
18.10.2019
On October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets. Also...
Big News: Fidelity's Bitcoin Custody Solution Takes Off
18.10.2019
Abigail Johnson, CEO of Fidelity Investments. Source: a video screenshot, Youtube, Bloomberg Markets and Finance
The US-based mutual fund giant Fidelity rolled out its much-anticipated crypto custody solution.
The company made a splash a year ago when it announced the launch of a separate company...
Only 3 Million Bitcoins Left Unmined (And 120 Years to Get Them)
18.10.2019
The Cryptoverse has been holding breath this week waiting for the 18 millionth bitcoin (BTC) to be mined today, while the #3MillionLeft hashtag is spreading on the Crypto Twitter as a reminder of bitcoin's scarcity. However, this hashtag misses an important point - time.
This Friday the...
CME Bitcoin Futures Sees Institutional Interest and Demand from Asia
18.10.2019
Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...
Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous
18.10.2019
In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that...
G7 Going to War Over Control of Money, Says 'Bitcoin Failed'
18.10.2019
It seems that the major economies are about to intensify the war for control over money.
The Group of Seven (G7) largest advanced economies has instructed its members to compete with cryptocurrencies and stablecoins by improving the existing financial system – and consider issuing digital...
SEC Wants Second Look at Bitwise Bitcoin ETF Proposal
18.10.2019
The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change...
Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi
18.10.2019
A Las Vegas man is charged with raising at least $11 million from cryptocurrency investors he promised to trade binary options for, and make gains of up to 300%. According to the charges the money was sent from new clients to previous ones in a classic Ponzi scheme manner. Also Read: Binance to...
SLP Token Ecosystem Built on Bitcoin Cash Continues to Blossom
17.10.2019
The Simple Ledger Protocol (SLP) has come a long way since its inception and more than 4,900 SLP tokens have been created to date. During the last few months, SLP usage has grown significantly with people constructing various types of unique ideas that create more use cases for these token...
104 Addresses Hold 70% of Tether, Research Reveals
17.10.2019
The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s...
Bitcoin ATM in Miami Airport Raises Questions About Traveling With Crypto
17.10.2019
Miami based bitcoin ATM maker Bitstop has recently installed Miami International Airport’s first crypto ATM, according to a press release issued October 15. The installation adds to the 106 machines the company has already placed across the U.S. Further, it raises important questions about...
Casa Says They Have a Solution for the Bitcoin Inheritance Problem
17.10.2019
Source: André François McKenzie on Unsplash
‘If I die, what happens to my bitcoin (BTC)?’, is the question many have asked, worrying that their assets will be forever lost. The U.S.-based private key security specialist Casa says it's got a solution.
Inheritance is one of those things in...
Smart Contract Blockchains Are Struggling to Scale
17.10.2019
Second generation blockchains were presented as being faster, cheaper, and more scalable than Bitcoin. Third generation chains (basically anything that came after Ethereum) promised even greater optimizations. In the event, these networks have run into the same difficulties as Bitcoin, with...
Binance to Add Bitcoin Cash to Its Decentralized Exchange
17.10.2019
Already widely available for trading across the world, bitcoin cash continues to expand into new markets and platforms. The latest venue where users can soon exchange the cryptocurrency is Binance’s decentralized exchange. The system will feature a token pegged to BCH issued on Binance Chain....
Bitcoin and Altcoins in Corrective Increase Towards Hurdles
17.10.2019
In the past few hours (08:00 UTC), there was a downside extension in bitcoin price below the USD 8,000 support area. BTC/USD traded close to USD 7,900 and it is currently correcting higher. However, there are many resistances on the upside near USD 8,200 and USD 8,250. Similarly, ethereum,...
‘Why Are You Afraid?’ – Watch Roger Ver Debate Nouriel Roubini on Cryptocurrency
17.10.2019
Starting a debate by calling nearly everyone in the room “economically illiterate” doesn’t usually end well for someone attempting to persuade an audience, but that’s just what American economist Nouriel Roubini did on Tuesday, in his debate with Bitcoin.com Executive...
Meet Be.cash: An Offline Bitcoin Cash Sending Tool
17.10.2019
On October 13, software developer Tobias Ruck showed off a demo of an offline bitcoin cash (BCH) wallet tool called Be.cash. The concept provides individuals with the ability to send and sign a BCH transaction without internet service. Also read: 80% of Crypto Trade Volume Tracked by Blockchain...
Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies
17.10.2019
A poll conducted among university students in China indicates that many of them see a bright future for cryptocurrencies in their country. A quarter of the respondents said they would seek employment in the industry that deals with digital assets and related technologies. Approximately one in...
Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here
17.10.2019
The U.S. SEC, Fincen and CFTC issued a rare joint statement Friday addressing regulation of “activities involving digital assets.” Citing crypto’s perceived role in money laundering and terrorism, the regulatory power trio prescribed stricter adherence to anti-money laundering...