Bitcoin

How to Use Multisig to Keep Your Coins Ultra-Safe

March 3rd, 2019

Multi-signature, or multisig, is a wallet configuration that requires at least two keys to authorize a transaction. Commonly used by cryptocurrency exchanges to ensure funds can’t be moved by a rogue employee, multisig also has applications for end-users. If you’re seeking to enhance the security of your noncustodial bitcoin wallet, multi-signature might be the answer….

Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018

March 2nd, 2019

Ernst & Young, the court-appointed monitor in the Quadrigacx saga, released a report on March 1 which shows that cold wallets known to have been used by the Canadian exchange have been without funds since April 2018. The latest twist adds some clarity to a mystery that has held Quadrigacx customers spellbound, hoodwinked into believing…

Markets Update: Diminished March Trade Volume Mirrors Previous Patterns

March 2nd, 2019

Over the last few days, cryptocurrency markets have been holding steady and consolidating after the correction on Feb. 24. Currently, the entire market capitalization is hovering around $129 billion and trade volume has started to diminish slightly with $24.9 billion traded over the last 24 hours. The top contenders capturing most of today’s daily gains…

Bitcoin [BTC] Price Analysis: Price Broke Down From The Ascending Support Line, What Is Next?

March 2nd, 2019

The price of BTC/USD traded at $4225 on February 24th, before generating bearish divergence in the medium-term and breaking down. It initially found support on the ascending support line that had been in place for 22 days, but the bounce was not successful and the price has finally broken down below it. Price has found…

In the Daily: New Terms From Bitmex, Binance Coin Record, Malta Bank Accounts

March 2nd, 2019

In this edition of The Daily, Bitmex has updated its Terms of Service. The revised rules prohibit residents of certain countries, including the U.S., from trading digital assets on the platform. Also, the native token of the leading crypto exchange Binance, BNB, has hit a record price against BTC. And in Malta, companies from the…

Indian Government Confirms Cryptocurrency Regulation in Final Stages

March 2nd, 2019

The government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation. Crypto Regulation in Final Stages The Indian supreme court…

America’s Signature Bank to Offer Services to Bermuda Crypto Companies

March 2nd, 2019

U.S. commercial bank Signature will start to offer a full range of banking services to licensed fintech companies in Bermuda, including those in the digital asset industry. The bank has reached an agreement with the government to provide the service, moving in to fill the gap left by local banks, which have been reluctant to…

Economics Professor on Ripple Board Misrepresents Bitcoin During Stanford Lecture

March 2nd, 2019

A Stanford student has submitted a letter of complaint to the Graduate School Board stating that a resident economics professor grossly misrepresented Bitcoin during a guest lecture on blockchain and the future of finance, while openly promoting Ripple as a better alternative. Questionable Academic Integrity When Stanford student Conner Brown entered a lecture hall at…

Business Owner’s Seething Critique of the Lightning Network Goes Viral

March 1st, 2019

A business owner who runs a media company in Australia and pays employees remotely in the Philippines has given his honest opinion on what it’s like to use the Lightning Network (LN). Jason Smith’s experience of attempting to use LN for payments was filled with frustration. He reports that the fundamental structure of the off…

P2P Markets Report: Iranian Localbitcoins Volume Gains 190% in a Week

March 1st, 2019

The peer-to-peer (P2P) markets have seen a dramatic increase in Iranian and Indonesian trade activity, with both markets posting triple-digit volume gains in recent weeks. Localbitcoins volume has also surged in select Latin American markets this past week, with the Dominican Republic, Colombia, and Venezuela posting some of their strongest trade on record. Iranian P2P…