Posts in category

News


The Bill and Melinda Gates Foundation has partnered with blockchain startup Coil as part of its mission to provide payment services for the unbanked. The news comes via a tweet from Miller Abel, the foundation’s deputy director and principal technologist, on Oct. 17. Abel indicated that the organization and Coil will work together to implement …

0 34

The price of bitcoin had remained relatively stagnant over the past two months, but investors appear to be quietly gearing up for a bull run, at least according to a new report on bitcoin futures contracts released by the Chicago Mercantile Exchange (CME). Launched at the height of last year’s bitcoin rally, the CME bitcoin futures …

0 34

U.K.-based security services company G4S now offers a crypto custody service aimed to protect investors’ holdings of digital assets. Announcing the move in a press release on Oct. 16, the firm said, with the rising popularity of cryptocurrencies, it developed the new service to offer “high-security offline storage that helps to protect assets from criminals and …

0 34

Bitcoin (BTC) is again trading in a narrowing price range above $6,400, but the lateral trading may soon give way to a rally, according to technical studies. The price consolidation comes after Monday’s big spike to three-week highs above $6,800, which weakened the bearish case put forward by last Thursday’s violation of key support. However, …

0 34

A new paper authored by World Bank Group-linked experts proposes development of a blockchain network to boost efficiency across government procurement systems worldwide. Authored by Dr. Ramanathan Somasundaram and S. M. Quamrul Hasan, both researchers specializing in government procurement, the consultation report was published Thursday, touting blockchain tech in a technological proposal for the Asian Development …

0 34

Japan’s Tax Commission is looking for ways to simplify the current tax filing system for cryptocurrencies in order to ensure investors accurately report their gains. The commission, which guides policy on taxation and also advises the prime minister, held a general assembly meeting on Oct. 17 to discuss potential improvements to the process, according to regional …

0 36

The U.S. Marshals have announced a plan to auction off nearly $4.3 million worth of bitcoin next month. The government agency said in an announcement on Wednesday that the sealed bid auction is for about 660 bitcoin that were forfeited in federal criminal, civil and administrative cases. Scheduled to start on Nov. 5, the auction …

0 37

Half a dozen lawsuits against the allegedly fraudulent cryptocurrency scheme BitConnect have now been combined into a single legal effort. According to court documents filed last Thursday, a new Amended Consolidated Class Action Complaint has been initiated in the U.S. District Court for the Southern District of Florida. The new class action – coming months …

0 36

A new privacy paper surfaced in the “bitcoin wizards” chat channel Wednesday bearing a familiar name – “Tom Elvis Jedusor,” the French version of Tom Riddle (better-known as Harry Potter’s archenemy Lord Voldemort). Strange as it sounds, this isn’t the first time this happened. A little more than two years ago, a protocol improving two of …

0 37

A U.S. cryptocurrency exchange is reporting dramatic increases in trading of tether (USDT), the controversial stablecoin that lost its dollar peg this week, and one of the new alternatives. At HBUS, the U.S. affiliate of the Singapore-based Huobi exchange, both deposits and withdrawals of USDT “have increased by over 10x over the last two days,” a company spokesperson …

0 35

When the Tether (USDT) stablecoin’s $1 peg broke down on Monday, traders looking for another dollar equivalent they could easily move between cryptocurrency exchanges had few other places to turn. One of those places was Bibox, the ninth-largest exchange by 24-hour adjusted volume, according to CoinMarketCap, which accounts for basically all trading – 96 percent …

0 35

Average daily volumes for bitcoin futures trading saw a significant jump in the third quarter compared to the last period, according to CME Group. The firm – which launched bitcoin futures trading in December of last year – posted the results on Twitter on Wednesday. As the graph below shows, average daily volume hit 5,053 …

0 36

Cobo, a Beijing-based cryptocurrency wallet startup, has closed a $13 million Series A funding round in its bid to expand its services overseas. The company announced the latest equity financing on Wednesday, which is backed by Danhua Venture Capital, the NEO Foundation and Wu Capital, a China-based family office and limited partner in funds created …

0 36

This post was originally published here Binance, the biggest cryptocurrency exchange by trading volume, is working with crypto compliance and investigation software provider Chainalysis to implement a new global compliance solution, the companies announced Wednesday. As part of the partnership, Chainalysis will provide access to its “Know Your Transaction” compliance software, enabling the exchange to …

0 36

This post was originally published here “Airdrops are good for crypto users.” Those are the unequivocal words of cryptocurrency wallet and data provider Blockchain in a new white paper that sets out why it believes token giveaways can be beneficial for both individuals and the crypto ecosystem, while announcing a new program aimed to assist …

0 36

Binance, the biggest cryptocurrency exchange by trading volume, is working with crypto compliance and investigation software provider Chainalysis to implement a new global compliance solution, the companies announced Wednesday. As part of the partnership, Chainalysis will provide access to its “Know Your Transaction” compliance software, enabling the exchange to monitor cryptocurrency transactions in real-time, according …

0 35

This post was originally published here Fernando Haddad, the presidential candidate for the Brazil Workers’ Party, has published his government plan via blockchain, per an announcement published on his website Oct. 14. According to the release, Haddad decided to use blockchain technology for disseminating information about his presidential campaign after a long-term struggle with fake news reports. As information stored on a blockchain …

0 36

“Airdrops are good for crypto users.” Those are the unequivocal words of cryptocurrency wallet and data provider Blockchain.info in a new white paper that sets out why it believes token giveaways can be beneficial for both individuals and the crypto ecosystem, while announcing a new program aimed to assist approved projects with token distributions “as …

0 36

Amazon Web Services’ (AWS) China division is partnering with public blockchain project Qtum. The partnership sees the on-demand cloud computing giant working with a cryptocurrency project with a $325 million market capitalization, making it the 29th largest cryptocurrency, to develop blockchain-as-a-service (BaaS) solutions for enterprises and developers. Revealed exclusively to CoinDesk, the partnership will allow AWS …

0 38

Forcing a bitcoin (BTC) price breakout is looking anything but easy for the bulls, with the path to $7,400 being littered with resistance levels. Stepping back, the leading cryptocurrency jumped above $6,800 on Monday, neutralizing the bearish view put forward by a downside break of a trendline support last Friday. The sharp recovery from lows …

0 36