Tagged: bitcoin

February 24, 2020 @ 2:54 pm By JD Alois  |  

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

February 23, 2020 @ 6:15 pm By JD Alois  |  

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

February 23, 2020 @ 6:00 pm By Omar Faridi  |  

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

February 23, 2020 @ 7:31 am By JD Alois  |  

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

February 21, 2020 @ 7:07 am By Omar Faridi  |  

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

February 20, 2020 @ 7:30 am By Omar Faridi  |  

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

February 19, 2020 @ 10:00 am By JD Alois  |  

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

February 16, 2020 @ 10:07 am By Omar Faridi  |  

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

February 15, 2020 @ 8:06 am By JD Alois  |  

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

February 14, 2020 @ 9:51 am By Omar Faridi  |  

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

February 13, 2020 @ 5:25 am By Omar Faridi  |  

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

February 12, 2020 @ 10:54 am By Omar Faridi  |  

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

February 11, 2020 @ 6:26 am By JD Alois  |  

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

February 9, 2020 @ 4:05 pm By Omar Faridi  |  

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

February 8, 2020 @ 9:54 am By Omar Faridi  |  

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

February 7, 2020 @ 8:15 am By Omar Faridi  |  

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

February 6, 2020 @ 8:10 am By Omar Faridi  |  

Lightning Labs, a company focused on the development of the Lightning Network (LN), a second-layer scalability solution for expediting small Bitcoin (BTC) payments, has reportedly  finalized a $10 million Series A investment round – which was led by Craft Ventures. Ribbit Capital, RRE Ventures, Slow… Read More

February 5, 2020 @ 1:32 pm By Samantha Hurst  |  

Mode, a financial services firm backed by Twitter co-founder Biz Stone and is owned by the R8 Group, has reportedly launched its Bitcoin banking mobile app. Cointelegraph reported that the UK startup has made its mobile app available globally, except in the U.S. Customers outside… Read More

February 5, 2020 @ 10:20 am By Omar Faridi  |  

BitGo, a leading digital asset custodian which holds $2 billion worth of cryptocurrency on behalf of its clients, has teamed up with SettleBit, a financial services provider, in order to allow institutions to conduct trades directly from their BitGo accounts. Established in 2013, BitGo provides… Read More

February 4, 2020 @ 5:02 pm By Omar Faridi  |  

Stephen Pair, CEO at BitPay, a leading cryptocurrency payments processor, recently revealed that the platform will begin supporting additional digital assets. Pai confirmed that BitPay was also looking into integrating the Lighting Network (LN), a protocol for a layer-two payments network aimed at expediting Bitcoin… Read More