Tagged: bitcoin

Dissent: SEC Commissioner Hester Peirce Disagrees with Commission’s Decision to Deny Bitcoin ETF

SEC Commissioner Hester Peirce has posted a statement dissenting from the Securities and Exchange Commission’s decision to, once again, decline to allow an exchange-traded product (ETP or ETF) for the world’s most popular cryptocurrency Bitcoin. The Commission denied NYSE Arca’s request to offer a Bitcoin… Read More

Jack Dorsey’s Payments Firm Square Releases Q4 2019 Earnings Report, Reveals Record-Breaking Quarter for Bitcoin Transactions

San Francisco-based Square, Inc. (NYSE:SQ), a payment and mobile financial service provider, has released its Q4 2019 earnings report, which notably highlights a record-breaking quarter for Bitcoin (BTC)-related transactions. Square’s management revealed that the company handled over $178 million in BTC purchase volumes during the… Read More

LuxTag Claims First Successful Security Token Offering in Malaysia, Offering Accepts BTC and XEM

LuxTag has closed on a $360,000 token offering according to a note from the company. The crowdfunding round saw 51% of the funds denominated in Bitcoin and XEM (NEM).  LuxTag claims to be Malaysia’s very first successful token offering. The securities offering was hosted on… Read More

Over 3.1 Billion Cryptocurrency Transactions Were Conducted Across 24 Different Blockchain Networks in Past Decade: Report

Over 3.1 billion digital currency transactions were conducted across more than 20 different blockchain-based platforms during the past decade, according to a firm that monitors the Ethereum transaction mempool.  The research, carried out by San Francisco-headquartered Blocknative, a company that provides real-time updates on blockchain… Read More

Crypto Advocate Tim Draper Sees Bitcoin as a Safe Haven

Tim Draper, a billionaire VC and crypto advocate, was interviewed on CNBC today. Draper shared that he has been out of the market for about 6 months and, alternatively, invested in crypto including Bitcoin, an asset class he views as a safe-haven of sorts. The… Read More

Sold! Last Week the US Marshals Auctioned Off Over 4000 Bitcoin

Last week, the US Marshals Service auctioned off 4,041.58424932 Bitcoin. The world’s most popular crypto arrived in the hands of the federal government due to a bevy of legal actions due to various federal criminal, civil and administrative cases. The auction was a cash-only affair… Read More

Amsterdam-based Fintech BUX, a Retail Brokerage Firm, to Introduce “Soft Launch” Version of its Crypto Exchange Next Month

Amsterdam-headquartered BUX, a retail brokerage company, confirmed recently that it will be introducing the “soft launch” version of its cryptocurrency trading platform during the first week of next month. However, the Dutch Fintech firm says it’s not aiming for fast customer acquisition. Called “BUX Crypto,”… Read More

Bad Day: Drug Dealer Loses £46 Million in Bitcoin When Landlord Sends Contents of Flat to the Dump

An Irish drug dealer arrested with €2000 worth of Cannabis in his car has apparently lost £46 million in Bitcoin after being sentenced to 5 years in the slammer. Pretty bloody stupid if the story is accurate. According to the Guardian, the perp in question,… Read More

Fidelity Center for Applied Technology Is Looking for a Bitcoin Mining Engineer for a “New Business Opportunity”

The Fidelity Center for Applied Technology (FCAT), which is a part of Fidelity Labs, the financial giant’s incubator for Fintech startups, is reportedly looking for Bitcoin (BTC) mining engineers for a “new business opportunity.”  The proposal has been put forward by the team working at… Read More

Leading Peer to Peer Bitcoin Marketplace Paxful Processed $1.6 Billion in Global BTC Trading Volume in 2019: Report

Paxful, a leading peer-to-peer (P2P) Bitcoin marketplace, revealed that it processed more than $1.6 billion worth of global trading volume last year. India’s digital assets industry has been experiencing major challenges as the nation’s central bank, the Reserve Bank of India, has prohibited local banks… Read More

Bitcoin Exchange Coinfloor Targets Retail Consumers in Push to Promote Crypto to Wider Audience

Coinfloor, the “UK’s longest-running Bitcoin exchange,” is targeting retail customers with a new push into consumer-focused trading and investing. In a release, the company said it wanted to make “Bitcoin buying boring” and banish the “Coin BS”. Coinfloor added that it will launch a range… Read More

India-based Crypto Exchange CoinDCX Partners with Digital Asset Exchange OKEx to Offer Greater Liquidity to Indian Traders

India-based CoinDCX, a leading digital asset exchange and liquidity aggregator, recently confirmed that it has teamed up with major multinational crypto-asset trading platform for futures and derivatives, OKEx.  As noted in a press release shared with Crowdfund Insider: “With this partnership, OKEx will gain access… Read More

Breonna Clark Charged by CFTC for Alleged Fraud Regarding Digital Assets including $400,000 for Personal Expenses and Ponzi-type payments

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action in the U.S. District Court for the District of Colorado against Breonna Clark, of Denver, Colorado, and Venture Capital Investments Ltd., a Colorado limited liability company, charging them with fraud and failing to… Read More

Dr. Huang Lin Explains Why He’s Developing the ZK-ConSNARK Privacy Protocol for Conducting Secure Cryptocurrency Transactions

The developers of the Suterusu protocol are presently working on a scalable, privacy-preserving second layer solution for secure digital asset management. Any crypto-asset, including Bitcoin (BTC) and Ether (ETH), may soon be used to conduct fully anonymous transactions using the Suterusu protocol. Suterusu’s technology, ZK-ConSNARK,… Read More

Malta-based Gate.io, a Blockchain Asset Exchange, Hits $400 Million Mark for Perpetual Contracts

Gate.io, a Malta-based blockchain-based digital asset exchange company, reportedly reached a $400 million in trading volume mark on its perpetual contracts platform, which is a new high for the firm this year.   Gate.io’s management has confirmed that the price accuracy of perpetual contracts settled in… Read More

CFTC: Division of Swap Dealer and Intermediary Oversight Director Joshua B. Sterling: We Support “Responsible” Innovation in Digital Asset Products, and Pooled Investment Vehicles

Joshua B. Sterling, the Commodity Futures Trading Commission (CFTC), Director of the Division of Swap Dealer and Intermediary Oversight (Division), or DSIO, confirmed on February 10, 2020, that it recognizes that the US Commodities and Futures Commission (CFTC)-licensed companies are “often at the forefront in… Read More

Banking App Mode Partners with Onfido to Enabler Users to Purchase, Hold or Sell Bitcoin

Mode Banking, an app-based Fintech that is part of the R8 Group, has formed a partnership with Onfido so users may buy, hold or sell Bitcoin, according to a release. Onfido is a global identity verification provider. Mode described the partnership as “expanding its network… Read More

Börse Stuttgart’s Digital Asset Trading App Now Has 81,000+ Users, Will Add New Features Soon

BISON, the digital asset trading mobile app created by a subsidiary of Germany-based stock exchange, Börse Stuttgart, recently revealed that it has now onboarded more than 81,000 users during its first year of operations. Börse Stuttgart’s cryptocurrency trading venture also confirmed its plans to add… Read More

Major Multi-Cryptocurrency ATM Network Bitcoin Depot Is Expanding Services to Over 500 ATMs Globally

Bitcoin Depot, one of the world’s fastest-growing multi-cryptocurrency ATM networks, announced on February 6, 2020, that it’s expanding its services to more than 500 ATMs, globally. This move will notably make Bitcoin Depot the largest blockchain ATM network in the world. The firm recently surpassed… Read More

Nearly $1 Billion Now Locked into Ethereum-Dominated Decentralized Finance (DeFi) Ecosystem

Nearly $1 billion is now locked up into the evolving decentralized finance (DeFi) ecosystem, according to data site DeFi Pulse. The site tracks major Ethereum-based lending protocols including Maker, a projected managed by the Maker Foundation, a non-profit organization that supports the MakerDAO initiative, which… Read More

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