Bitcoin

In the Daily: Coinbase Bug Bounty, Tradingview Crypto Dashboard, Bitfinex App Update

February 15th, 2019

In this edition of The Daily, cryptocurrency exchange Coinbase has paid out a bug bounty of $30,000 for a critical vulnerability. Also, Tradingview has launched a new crypto dashboard allowing traders to track developments in the cryptocurrency markets and digital asset trading platform Bitfinex has released a new version of its mobile app. Coinbase Pays…

High Cost Slows Down Bitcoin ATM Growth in Africa

February 15th, 2019

There are more than 4,000 bitcoin automated teller machines (ATMs) in the world, but only just about 10 (or 0.2 percent) of these are in Africa. In a continent widely touted as the next big growth region for cryptocurrency, could it be that the story of Africa’s growth isn’t as real as many “Africa rising”…

Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation

February 15th, 2019

An Indian government-supported blockchain summit is drawing many policy makers with the aim to speed up the development of cryptocurrency regulation in the country. Among expected participants are officials from the Indian Ministry of Finance and the panel currently tasked with drafting the regulatory framework for cryptocurrencies. Fostering Crypto Ecosystem Blockchain Summit India 2019 is…

Russia’s Minister of Justice: Cryptocurrencies Don’t Need to Be Legally Defined Yet

February 15th, 2019

Russia’s stance on cryptocurrency remains unclear after the Minister of Justice this week announced that there is still no need to formalize crypto-related legislation. This is because digital assets cannot be used as a means of payment, it asserts, because the constitution forbids it. ‘Categorically Prohibited’ Alexander Konovalov, Russia’s Minister of Justice, said on Feb….

3 People Who Hate Bitcoin With a Passion

February 15th, 2019

There’s something about Bitcoin that stirs up strong emotions in people. Libertarians love it. Anarchists adore it. Cypherpunks crave it. But not all of the emotions Bitcoin engenders are positive. Bankers fear it, politicians distrust it, environmentalists resent it, and a few people, why, they veritably hate it. The People Who Love to Hate Bitcoin…

ICO Investments Fall 95% in 10 Months

February 14th, 2019

Interest in token sales has dropped dramatically over the past 10 months, with investment falling almost 95 percent. Nevertheless, according to a new study, the ICO market is still significantly larger than two years ago. Startups Raised Less Than $300 Million in January Investment in startups conducting initial coin offerings (ICOs) has decreased from $5.8…

Bitcoin’s Social Contract Must Be Resilient to the Whims of Future Generations

February 14th, 2019

Over the last few years, infighting and different visions has led to significant divides within the Bitcoin community, weakening the network effects no matter which chain you support. With all the arguments about scaling, privacy, consensus changes and the various forks, it is amazing that these public networks are still thriving. Nevertheless, the people who…

Stablecoins Dominate Currency Pairings for Leading Crypto Assets

February 14th, 2019

Amidst the ongoing cryptocurrency bear market, stablecoins have continued to gain prominence, with USDT currently comprising the dominant pairing for three of the four largest cryptocurrencies by market cap. USDT Comprises Dominant Pairing for 3 of Top 4 Cryptocurrencies by Market Cap According to Cryptocompare, USDT currently comprises the largest currency pairing by volume for…

Crypto Exchange Globitex Launches Banking Solution With Instant Transfers

February 14th, 2019

Cryptocurrency exchange Globitex has launched a new service called the Euro Wallet which allows users to make and receive euro payments in their personal IBAN accounts like any other European bank account. The company claims that this service is a solution to banks closing accounts of crypto businesses. Globitex’s Banking Solutions European cryptocurrency exchange Globitex…

In the Daily: Cointext Expansion, Keycard Wallet, ETF Withdrawal, PUBG Hackers

February 14th, 2019

In this edition of The Daily we cover the latest international expansion by SMS bitcoin cash wallet Cointext, the new Keycard hardware wallet and the withdrawal of a cryptocurrency ETF proposal. Also, a gang of cybercriminals allegedly used the popular battle royale game PUBG to coordinate stealing millions in cryptocurrency. Cointext Expands to Two More…