Apollo Foundation Launches Decentralized Exchange With Atomic Swaps
Apollo Foundation is announcing the launch of Apollo Decentralized Exchange (DEX), a proprietary software package for the exchange of digital assets in peer-to-peer networks. The beta version features atomic swaps, which is smart contract technology that enables the exchange of different cryptocurrencies without the need for intermediaries or third parties. Unlike traditional exchanges, Apollo DEX […]
Art on blockchain pioneer Verisart raises $2.5M for art and collectibles certification
A lot of talk has been made about verifying valuable items on an immutable blockchain, but the main pioneer in this space has been Verisart, which appeared a few years ago to use a blockchain to create certification for the fine art and collectibles market. But despite the blockchain hype of the last few years, […]
Germany’s Scholz: We cannot accept parallel currencies such as Facebook’s Libra
Facebook’s planned Libra is the most well-known of the stablecoins, a certain form of cryptocurrency backed by assets such as traditional money deposits, short-term government securities or gold. “We cannot accept a parallel currency,” Scholz said during a panel discussion in Berlin. “You have to reject that clearly.” The German cabinet is expected to adopt […]
China says new digital currency will be like Facebook’s Libra
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director of the People’s Bank of China’s payments department, said the development of the coin would help […]
Telegram’s 300 Million Users Could Soon Be Trading Bitcoin And Crypto
Bitcoin’s bull run so far this year, which has seen the bitcoin price climb some 200% since January, has been largely put down to some of the world’s biggest technology companies taking an interest in bitcoin and cryptocurrencies. The bitcoin price has plateaued at around $10,000 as bitcoin traders and investors fret global regulators might […]
BitGo Launches Multi-Signature Wallet and Custody for EOS
BitGo, the leader in digital asset financial services, today announced support for multi-signature EOS wallet and custody services. BitGo now supports over 200 coins and tokens enabling institutional clients to hold a broad array of assets. The EOS token is one of the top 10 digital assets by market capitalization, and is used on the […]
SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets
The Securities and Exchange Commission announced today that Russian entity ICO Rating has agreed to pay $268,998 to settle charges that it failed to disclose payments received from issuers for publicizing their digital asset securities offerings. The SEC’s order found that between December 2017 and July 2018, ICO Rating produced research reports and ratings of […]
Judge rejects plea to set aside order to preserve luxury assets in alleged $30-million cryptocurrency fraud
Luxury townhouse in Coal Harbour owned by alleged fraudsters was listed for sale earlier this year at $7.88 million A B.C. Supreme Court judge has rejected an application to set aside an order to freeze assets in a civil forfeiture suit that alleges the defendants perpetrated a $30-million cryptocurrency fraud. In a suit filed this […]
Bitcoin SV Headline Sponsor of Pool Premier League Live on FreeSports
The International Professional Pool Association (IPA) have agreed a sponsorship package with Bitcoin SV enthusiast and promoter, Calvin Ayre, for their upcoming Bitcoin SV Premier League live at: Freeview 64, Sky 422, Virgin 553. BSV is the only coin with a blockchain that significantly scales (now), has robust utility (now), and is committed to a set-in-stone protocol for […]
Seagate Entering Pilot Stage For Blockchain Supply Chain Project
Supply chain has become a relatively common enterprise use case for blockchain, adding clarity and trust to the slew of processes involved in a product’s journey to the customer. Tech giant Seagate is entering the pilot stage of its blockchain project, using the technology to follow hard drives throughout the supply chain. In 2018, Seagate […]
Ripple’s CEO Worried About Regulatory Backlash Over Facebook’s Libra Plan
Brad Garlinghouse, chief executive officer of crypto currency company Ripple, says he’s worried Facebook’s plans to enter the arena with its Libra digital coin will provoke harsher regulation of the entire sector. “You just want to make sure that you don’t get caught in the crossfire,” Garlinghouse said in an interview with Fortune in London […]
Monmouth County Man Charged With Operating An Unlicensed Bitcoin Exchange
A Monmouth County, New Jersey, man was indicted today by a federal grand jury for operating an unlicensed money transmitting business through which he charged customers fees to convert more than $2 million in cash into the digital currency Bitcoin. William Green, 46, of Wall Township, was charged by indictment with one count of operating […]
Robinhood Plans Relaunch of High Yield Cash Account
Robinhood, a stock trading app popular with millennials, caused a stir last December by announcing a no-fee checking-and-savings account that offered a 3% yield. Days later, however, the company walked back the announcement after regulators criticized it for offering what amounted to a bank account without FDIC insurance—a backstop that protects consumers in the event […]
Damage From Cryptocurrency-related Crimes Estimated at 2.7 tr Won
The financial damage caused by cryptocurrency-related crimes reached nearly 2.7 trillion ($2.3 billion) over the past two years, government data showed Sunday. The financial loss of scams and fraud involving cryptocurrencies came to 2.69 trillion won between July 2017 and June 2019, according to the data from the justice ministry. The ministry said 132 cryptocurrency-related […]
Smart Money Said ‘Skip Bitcoin, Bet on Blockchain‘
As cryptocurrency prices tumbled across the board last year, venture capitalists focused their attention on the promise of the underlying technology, the ledger known as blockchain. That, many said, was the smarter bet. While Bitcoin’s price has rebounded this year, a fresh batch of data shows the flow of cash into blockchain startups dropped dramatically. […]
British Government Won’t try to Stop Facebook’s new Libra Digital Coin
Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch the new digital currency Libra, according to Philip Hammond, Britain’s outgoing finance minister. Hammond also told CNBC on Monday that the British government will “engage” with Libra and won’t try to stop it. This week in the U.S., Senate and House committees […]
Litecoin Named Official Cryptocurrency Of The Miami Dolphins
The Litecoin Foundation announced today that Litecoin has become the “Official Cryptocurrency of the Miami Dolphins.” As cryptocurrency continues to be adopted by businesses, institutions and individuals across the globe, this unique partnership creates a powerful alignment between Litecoin and one of the world’s most recognizable sports brands in the Miami Dolphins. Launching for the […]
David Marcus, the Head of Calibra at Facebook: Libra, 2 Weeks In
It’s been two weeks since we introduced Libra, a new cryptocurrency powered by blockchain technology. We shared a white paper, a number of deep-dive papers on important topics, a testnet, and additional material. Since then, we’ve seen a lot of great dialogue from many different viewpoints. It’s been encouraging how receptive so many people have […]