Facebook excited the cryptocurrency market last month by announcing plans to launch Libra, its own blockchain-based payment system. Since then, numerous concerns have been raised in multiple countries, and now a regulatory document even states that Facebook’s Libra cryptocurrency launch might never happen.
The Circle CEO was speaking on regulation needed within the United States to BloombergTV. His observations were on participants moving abroad as a factor for motivating regulatory policy. The CEO of Circle, cryptocurrency trading and investment firm, said that the creation of appropriate regulation will likely be introduced by the United States.
WARREN, New Jersey and BANGALORE, India, July 31, 2019 /PRNewswire/ — , a global technology services and digital transformation company, announced that it has joined Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies. Joining as a general member enables Mindtree to accelerate the development of its capabilities around Hyperledger and offer industry-specific blockchain solutions to prospective clients.
A recap of U.S. Senate’s crypto hearing: discussions about financial inclusivity, potential benefits of crypto and more criticism of Facebook’s Libra…
Cryptocurrency News 9 hours ago (Jul 31, 2019 10:01AM ET) © Reuters. Crypto Markets See Second Day of Green, Bitcoin Above $9,700 Wednesday, July 31 – crypto markets are seeing widespread green, with (BTC) breaking back above $9,700 and many large market cap altcoins seeing solid gains of between 3 and 9% on the day.
On July 10, the SEC officially cleared blockchain startup Blockstack to hold the first regulated security token offering under Reg A+ crowdfunding rules. This means that after years of back-and-forth with the SEC, Blockstack now has the regulatory green light to raise $28 million by selling Bitcoin-like, tokenized (digital asset) securities to the public, the first compliant offering of this kind.
Each transaction in this service has a cap of 20 BTC. The exchange plans to target both beginners and experienced traders with this service. The Japanese crypto exchange bitFlyer’s European subsidiary has launched a Bitcoin trading service. The simplified Bitcoin buying and selling service is an extension of the already existing pro-traders services called “Lighting.”
A Vancouver Island cryptocurrency exchange has been the subject of six lawsuits over the last two years, and users of the platform tell CTV News those cases are the tip of the iceberg. Ottawa resident Rob Johnston deposited Bitcoin in his account with Nanaimo-based ezBtc.ca in August 2018.
If you speak to anyone over 50 about mining crypto, it’s likely they will ask you where your pick, hard hat and shovel are. Many of us under 30 will almost certainly have considered it. Mining is a way of earning cryptocurrencies in your sleep.
Consumers angry about dubious business practices by the tech giants – Facebook recently paid a record $5bn penalty in the US for data violations – are already turning to alternative platforms that protect their personal information.
Will volatility in cryptocurrencies pick up after the Fed’s announcement today? What are the critical levels to watch out for?
The largest financial institution of Japan, SBI Holdings officially announced the launch of its native crypto asset exchange, “VCTrade Pro” on Wednesday. According to a statement by SBI Holdings, the exchange is fully approved by the Japanese Financial Service Agency (FSA) and its services are set to commence on July…
Riot Games’ event design lead Justin “Xenogenic” Hanson has confirmed that the team will be changing up how tokens will be given to Teamfight Tactics players after some users complained about the system.
Security tokens platform TokenSoft has officially launched Know Your Business support in order to comply with new regulations recently introduced by FinCEN.
Following the The U.K. Financial Conduct Authority (FCA) finalising their guidelines on crypto assets, temtum Founder and CEO, Richard Dennis gives his thoughts on what this means for the industry.
If you’ve ever enjoyed popular comic strip Dilbert, then this might just ruin it for you. Scott Adams, creator of the strip, and also co-founder of blockchain app company WhenHub, decided that the recent Gilroy Garlic Festival mass shooting would be the perfect opportunity to market his new company.
CALGARY, July 31, 2019 /PRNewswire/ – Canadian Pacific (TSX: CP) (NYSE: CP) has joined the Blockchain in Transport Alliance (BiTA). In joining the alliance, CP…
The DIFC, Mashreq Bank and Norbloc will jointly launch a blockchain-based KYC data-sharing consortium in the first quarter of 2020.
Kraken, one of the world’s longest-operating cryptocurrency exchanges, today finalized its acquisition of yet another company in the blockchain industry, this time taking over Interchange, which offers crypto-asset management solutions for institutional players. Interchange is a joint venture between accounting firm CoinVantage and crypto firm Picks & Shovels.
This year, we’ve seen an increasing number of Bitcoin predictions for a price of $100,000 by 2021. That’s not particularly unusual. A lot of folks in the Bitcoin community have been making sky-high Bitcoin predictions for years. Cybersecurity pioneer John McAfee, for instance, has for two years been calling for Bitcoin to reach $1 million by the end of 2020.
Global Coin Research: Justin Sun’s international game of PR, China drives $30M daily tether OTC volume in Russia – The Block
The following weekly newsletter is republished with permission from Global Coin Research, a global research firm with a focus on Asia blockchain and related technologies. You can find more resources on Asia Cryptocurrency and Blockchain at GlobalCoinResearch.com and on Twitter at @globalcoinrsrch Global Coin Research Newsletters in Chinese Top News Bank of China, one of the …
Cryptocurrency News 57 minutes ago (Jul 31, 2019 03:21PM ET) © Reuters. China’s Monthly Crypto Rankings: Bitcoin Takes 11th Place, EOS Still Leads In its latest rankings, the Chinese CCID Research Institute put (BTC) in eleventh place on a list of 37 digital currencies in terms of technology, application and innovation.
The final kick to $10,000 came after breaking past $9,800 hurdle. Technical analysis points Bitcoin in the upward direction in the near-term. Bitcoin price prolonged the positive gains we talked about earlier. The final kick to $10,000 came after breaking past the now-former resistance at $9,800.
Yesterday, ethereum celebrated its fourth birthday. Four years ago, on July 30, 2015, the world’s first general-purpose blockchain platform went live. Called ethereum, the platform was the first of its kind to feature a Turing-complete virtual machine and native programming language able to deploy code of any algorithmic complexity.
1 in 10 Londoners Hold at Least One Type of Cryptocurrency Research across 17 European countries by GlobalWebIndex, in partnership with Bitpanda, finds 1 in 10 Londoners (11%) hold cryptocurrency, drawing level with rates of ownership in the Swiss capital.
Blockchain technology is yet to find global mainstream acceptance; the launch of Facebook’s blockchain offering, Libra, was hailed as an indication of the cryptocurrency revolution.
CALGARY, July 31, 2019 /PRNewswire/ – Canadian Pacific (CP) (CP) has joined the Blockchain in Transport Alliance (BiTA). In joining the alliance, CP is supporting BiTA’s mission of producing blockchain standards that allow for interoperability between participants in the global supply chain. Blockchain
Canadian Pacific Railway (TSX:CP) (NYSE:CP) has joined the Blockchain in Transport Alliance (BiTA). In joining the Alliance, CP is supporting BiTA’s mission of producing blockchain standards that allow for interoperability between participants in the global supply chain. Blockchain is an open, extensible platform capable of sharing shipping events, messages and documents across all the actors and systems in the supply chain ecosystem.
Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. Wednesday. The contracts, which pay traders out in bitcoin, rather than U.S. dollars, will be available to both institutional and retail investors. Customers can deposit bitcoin, rather than dollars, when buying a contract.
EO coin showed bullish sentiment this July on the back of numerous new pairs being listed on EO.Trade exchange, including; ETC/EO and NEO/EO. Detailed statistics show EO coin surged from 70 satoshi’s to 315 following the ETC/EO listing on July 11th, before the NEO/EO listing which took place on July 24th.
The UK’s financial regulator has warned against investing money in cryptocurrencies such as bitcoin, as they lack assets to guarantee their value and are therefore unsecure. Bitcoin and over 4,000 of its alternatives have no assets or guarantee to support them, unlike hard currencies such as the dollar or the pound.
Crypto-pumping Overstock CEO Patrick Byrne reportedly made a startling confession: The FBI ordered him to bang Russian spy Maria Butina.
Bitcoin has had a rough market in the last few days with its price plummeting to mid $9,000. It has however started to come up in the last 24 hours as the day for cutting interest rates by the U.S Federal Reserve approaches.
Nomics Announces That Deribit, a Crypto Futures Exchange, Has Completed a ‘Deep Integration’ With Nomics’ Data Platform
Crypto market data provider Nomics.com has announced that Deribit (the world’s second-largest crypto futures & options exchange) has completed a “deep data integration” with Nomics.com’s market data platform. BOSTON and MINNEAPOLIS, July 31, 2019 /PRNewswire/ — Nomics.com, a crypto market cap and pricing data provider, has announced that Deribit (a cryptocurrency futures and options trading platform) has completed a “deep data integration” with the Nomics cryptocurrency market data platform.
Earlier this week, the U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on one of the most promising innovations of today’s American economy: the cryptocurrency industry. Titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain,” the hearing was an opportunity for elected officials to gain insight into development of the space from a roster of expert witnesses.
Cryptocurrency market trading has been slowed down by a prolonged price correction of Bitcoin and other major altcoins. Some of them have managed to be traded in the green most of the time, but others have suffered enormous losses. Let’s take a look at the top 100 cryptocurrencies by market cap and pick out the biggest losers.
After obtaining a so-called designated contract market license (DCM) from the Commodities Futures Trading Commission (CFTC) in June, LedgerX has now launched physically delivered bitcoin options and custody for retail investors.The post LedgerX launches physically delivered bitcoin options and custody
Bitcoin’s market cap could explode to $8 trillion even under conservative estimates, former Goldman Sachs executive, Raoul Pal has said. Speaking during his appearance on the Stephan Livera Podcast July 29, Pal, who is founder and CEO of Global Macro Investor and Real Vision Group, suggested the potential for Bitcoin’s value increasing was all but limitless.
Rain is live today for crypto traders at www.rain.bh Rain is the first cryptocurrency exchange in the Middle East to obtain a full regulatory license Rain has also announced today that it has closed a seed round of $2.5MM July 31, 2019 (Investorideas.com Newswire) Bahrain-based cryptocurrency exchange, Rain, announced today that it has acquired the Crypto-Asset Module (CRA) license from the Central Bank of Bahrain (CBB) and has closed a seed round of $2.5MM USD.
Login or register now to gain instant access to the rest of this premium content! After announcing in late 2018 that it would partner with IBM in a joint blockchain initiative, American tech giant Seagate has entered the pilot state of its project, Forbes reported Tuesday.
With the rise of data breaches, fraud, and identity theft, a growing number of projects are using blockchain technology for file and identity validation. Digital files are quite easy to tamper with, as Craig Wright recently demonstrated in his court battles with the Kleiman estate.
The last few months have seen the United States pay more attention to the regulation of cryptocurrency. The concerned financial bodies have begun looking at the crypto industry as a serious financial sector and they have been cracking down on crypto companies over the last few weeks.
If you’re investing in altcoins, you may be in for a disappointing summer. Against all forecasts, Bitcoin (BTC) is continuing to outperform its competitors. A new report shows no sign of a reversal, but at least it tells us whom to blame: institutional investors.
Cryptocurrency Market By Leading Players: Nvidia, Xilinx, Intel, Advanced Micro Devices, Bitfury Group, Ripple Labs, Microsoft, Alphapoint Corporation and Others
Reports Monitor announced the addition of a new report titled – Cryptocurrency Market Analysis, Size, Regional Outlook, Competitive Trends, and Forecasts, 2019-2024 to its vast repository of research reports. The overall report is based on in-depth market analysis, with inputs from industry experts and professions, along with qualitative and quantitative research.
The fear of death follows from the fear of another’s life. Competition and camaraderie have different meanings in the cryptocurrency space, than it does in the outside world. Some aim to complement by building, or being built on. Others aim simply to consume and subsume their competitors for their own evolution.
Craig Wright quoted Scripture, and then slammed his audience as “lazy f**king a**holes” in a bizarre “sermon” last week.
Major British regulator, the Financial Conduct Authority, will not regulate Bitcoin as part of its recent guidance on crypto assets.
We had a look at the top 50 cryptocurrencies in terms of market cap and we found the five altcoins that have been doing best pricewise in July. Crypto.com Chain (CRO) Crypto.com Chain(CRO) is the biggest gainer of the month with a price surge of around 179%.
The Chinese CCID Research Institute put Bitcoin in eleventh place in terms of technology, application and innovation in a monthly ranking of 37 digital currencies.
As of July 30th 2019, Securitize announced that Curzio Research has issued its token using the Securitize Digital Securities (DS) Protocol. The news marks the tenth asset to be tokenized through Securitize. Securitize and the Curzio Equity Owner’s Token Explained Securitize, a San Francisco-based startup which raised nearly $13 million from investors including Coinbase, facilitates the compliant…
Bitwala, a Berlin-based provider of crypto banking services, has raised €13 million in Series A funding from a group of international investors in a round led by Sony Financial Ventures/Global Brain and NKB Group. Half the round comes from prior backers Earlybird and coparion. Founded in 2015, Bitwala says it is currently the only provider …
Rain is a top-rated cryptocurrency exchange platform which is located in Bahrain. As of the 31st of July, Rain did announce that it finally acquired the Crypto-Asset Module license from Bahrain’s Central Bank. On top of that, Rain did manage to see almost $2.5MM.
The hierarchy at Facebook is reportedly alive to the possibility that its flagship cryptocurrency project, Libra, may not get off the ground. Financial regulators and government authorities in multiple jurisdictions have expressed concerns over the possible launch of the digital currency.
The Securities and Exchange Commission has often been a thorn in the side of cryptocurrency enthusiasts and service providers. While the agency is only trying to legitimize the industry, their decisions sometimes seem to tell otherwise. In a surprising new post, the agency is looking to run full network nodes for multiple cryptocurrencies.
The Distributed Ledger Technology, or more simply, the blockchain technology, has the potential to revolutionize a spectrum of industries by bringing in a system that offers transparency, immutability, security and trust. Investors can seize upon this potential through a number of exchange-traded funds.
S7 Airlines processed over $1 million through their blockchain payment system in July.
Posted: / Updated: AUSTIN (KXAN) – The City of Austin received a grant Wednesday to test a digital identity platform aimed at preventing and stopping homelessness. The city’s Office of Innovation received a $409,000 grant from the Robert Wood Johnson Foundation to further develop and test a concept called MyPass.
The NBA is putting its biggest dunks on a blockchain. The league, along with the NBA Players Association, announced on Wednesday the coming launch of NBA Top Shot, a home for blockchain-based digital collectibles.
Bitfinex publishes real-time liquidation updates to prepare for its 100x leverage derivative product – The Block
Cryptocurrency exchange Bitfinex announced today that it is publishing real-time liquidation updates on its trading site, in preparation for the rollout of its new derivative product next week. Bitfinex CTO Paolo Ardoino revealed to The Block last week that the exchange is launching a derivative product with up to 100x leverage.
The United Kingdom’s Financial Conduct Authority has announced today that it does not believe crypto assets, such as bitcoin, have “intrinsic value”, essentially considering them without value. It said that consumers should be aware the market is risky and that the assets are unregulated meaning they’re not covered by the Financial Services Compensation Scheme which pays compensation when a financial service is unable to.
Importer of Bitmain Bitcoin Miners Faces Criminal Investigation for Allegedly Underpaying Customs Fees | CryptoGlobe
The Russian Federal Customs Service has opened a criminal investigation into an importer of Bitmain bitcoin miners for allegedly underpaying customs fees. The Far-East Trading and Industrial Company (DTPK) is accused of failing to pay approximately $1.2 million in fees for the importation of 6,012 ASIC miners that entered Russia between August 2017 and February 2018.
Ever since its inception, Bitcoin (BTC) has divided the people into its supporters and opponents. In fact, there are many out there who want it to be completely banned, especially the regulators and the critics of the cryptocurrency. But is it practically possible to impose a ban on Bitcoin? Not likely.
The Bitcoin Historical Volatility Index (BVOL) is approaching a key support area where volatility and price usually spike up.
In 1989, basketball fans could buy a Michael Jordan trading card if they wanted to own a little piece of property connected to the NBA’s most popular player. Now, 30 years later, comes a digital equivalent in the form of collectible player highlights that fans can buy and sell like trading cards.
Yesterday marked Ethereum’s four year anniversary. Ever since its conception, the blockchain technology which features a range of uses beyond ‘mere’ financial transactions has been extremely popular. Conceptualised in a whitepaper published by then-nineteen-year-old Vitalik Buterin in 2013, Ethereum has been the talk of the town among the crypto community.
In the wake of Facebook’s Libra plan, a Senate Banking Committee hearing shows Congress getting serious about cryptocurrency regulation | A week after the U.S. government’s inaction on cryptocurrency regulation drove Jeremy Allaire to move most of his company out of the U.S., the Circle chairman and CEO told congress why.
The massive tax bust of crypto owners has begun with the IRS mailing 10,000 letters to crypto account owners. These letters educate crypto account holders about the rules and tell taxpayers to review their tax reporting for crypto transactions to be sure they reported income correctly.
American data storage company Seagate Technologies is set to pilot a blockchain project to fight counterfeit hard disk drives. According to a report by Forbes, the California-based company has partnered with tech giant IBM on the project for which it recently received regulatory approval.
NBA, NBPA and Dapper Labs Bring First-of-its-Kind Blockchain Game to Basketball Fans Around the Globe
VANCOUVER, July 31, 2019 /PRNewswire/ – The National Basketball Association (NBA), National Basketball Players Association (NBPA) and Dapper Labs, the leading consumer blockchain company and creator of CryptoKitties, today announced the development of NBA Top Shot, a new digital platform for basketball
Cryptocurrency News 3 hours ago (Jul 31, 2019 10:41AM ET) © Reuters. Singapore’s Regulator Warns of New Scam Bitcoin Investment Scheme The Monetary Authority of Singapore (MAS) has flagged an online (BTC) scam scheme that offers Bitcoin investment using forged claims by a former prime minister.
Trading tendency “Gain” on Tuesday, July 30, 2019, of the Bitcoin Invt TR, GBTC of exchange OTC. Review Of The Bitcoin Invt TR In Stock Exchange Of OTC: The Bitcoin Invt TR (OTC : GBTC) started the business at $12.19…
The popular Binance cryptocurrency exchange revealed today in astatemnet that it will be introducing support for Qtum (QTUM) staking.
TD Ameritrade Holding Corporation (NYSE:AMTD), Google Inc. (NASDAQ:GOOG) – ‘Fastest Crypto Exchange In The World’ Released To Retail Market
The crypto wallet Blockchain announced Tuesday that it has launched The PIT, an institutional-grade crypto exchange with microsecond-latency. “The current crypto exchange market is outdated, broken, and skewed against users. We got tired of waiting for a new entrant to deliver the performance today’s traders demand,” Peter Smith, Blockchain’s CEO and co-founder, said in a statement.
Sex and Crypto: Cointelegraph looks into use of cryptocurrencies in the adult entertainment industry for anonymity and avoiding transaction fees
Stellar bulls are finding it challenging to break above the five weeks falling trend line (red) as the $0.089 remains a severe level for the token. With the choppy outlook on the daily chart, the XLM bears are still in charge of the market on a long-term.
Ripple’s XRP on Wednesday is trading marginally in the green, gains of some 0.50%. XRP/USD near-term price action catches some bullish momentum, breaking out from pennant structure. Daily price action is stuck within a narrowing pennant structure. Spot rate: 0.3206 Relative change: +0.50% High: 0.3235 Low: 0.3172 Price action via the 60-minute chart view is smashing out from a bullish pennant structure.
For most of us, the image of a trader is someone sitting in a busy stock exchange, looking stressed out and sweaty or with their head in their hands as the market crashes. Or, they could be pacing up and down your high street bellowing “Buy! Buy!” or “Sell! Sell!”
Kyoto University and the University of Tokyo have joined Ripple’s University Blockchain Research Initiative (UBRI) per CoinDesk Japan. The 2018 program now boasts 33 participants including Princeton University, Carnegie Mellon, and the National University of Singapore, among others.
Japan ‘s largest financial institution , SBI Holdings has officially the launch of its enhanced crypto exchange dubbed “VCTrade Pro” today. According to a statement by SBI Holdings, the service for the exchange which is backed by the Japanese Financial Service Agency ( FSA) would commence today.
The US Federal Reserve is expected to cut the target interest rate on Wednesday for the first time since the global financial crisis a decade ago. This policy shift is gasoline for bitcoin. To cut rates, the Fed will increase the supply of US dollars, thus cannibalizing its value.
LedgerX beat competitor Bakkt to the public launch, which comes less than a month after gaining regulatory approval.
SAN FRANCISCO, July 31, 2019 /PRNewswire/ — TokenSoft, a leading digital securities issuance and management platform, announced that after a successful beta, it now supports Know Your Business (KYB) checks for token issuers seeking to perform enhanced due diligence. The requirement for issuers to perform
The UK Financial Conduct Authority (FCA) has published its final report on regulations regarding crypto-assets. Previously in sandbox mode and open to changes, these guidelines will provide further certainty for investors and token issuers. The FCA is expanding on a consultation paper for crypto-assets released in March.
Yesterday marked the fourth year since Ethereum had been officially launched, and the Etheruem community celebrated online. Coincidentally, yesterday was also Tron founder Justin Sun’s 29th birthday. Tron (TRX) is a booming cryptocurrency which constantly makes headlines due to its founder’s online antics.
US.. markets regulator, the Securities and Exchange Commission (SEC), plans to outsource its blockchain monitoring and compliance data. The SEC is reportedly planning to run through contractors a Bitcoin and an Ethereum node, Trustnodes.states, adding that it also plans the same for the blockchains of other cryptocurrencies: Bitcoin Cash, Stellar, Zcash, EOS, NEO and XRP.
On June 18, 2019, Facebook unveiled plans for a digital currency called Libra, which the company hopes will transform the global economy by offering an alternative to cash, bank transfers, and credit card transactions. United States Fin Tech DLA Piper 31 Jul 2019
The Securities and Exchange Commission, the multibillion dollar agency that safeguards investors, presently stands on the precipice of the layer Dante reserved for the indecisive.
Microsoft Research is unveiling its latest AI imitative: an open source framework that aims to help “democratize AI” by leveraging a blockchain-based back end that makes it possible for organizations to run machine learning models using inexpensive, commonly available tech — for example,Web browsers and smartphone apps.
Bitcoin, Ether and other similar assets remain FCA-unregulated. Security tokens behave like shares or debt instruments and have ownership rights. The United Kingdom financial watchdog, the Financial Conduct Authority (FCA) has released cryptocurrency guidelines. The released rules clarify the asset classes that fall under the FCA’s jurisdiction.
Cryptocurrency News 19 minutes ago (Jul 31, 2019 08:01AM ET) © Reuters. EU Bitcoin Bank Bitwala Received ~$14.5 Million in Funding Germany-based (BTC) bank Bitwala announced that it received €13 million (almost $14.5 million) in funding in a press release shared with Cointelegraph on July 31.
Bitcoin mining giant Canaan creative has reportedly beat fellow Chinese crypto mining hardware manufacturer Bitmain Technologies to the punch by filing for an initial public offering (IPO) in the U.S. Canaan will be hoping to follow through on its plans at the second time of asking after allowing a similar filing with the Hong Kong Stock Exchange (HKEX) in 2018 to elapse.
Sergey Baloyan (Yale Financial Markets Certificate 19), Co-founder of X10 Agency and Consultant on Security Token Offerings
Sergey Baloyan is the Co-founder and Chief Business Development Officer of X10 Agency, a full-service marketing and PR agency through which he’s consulted on more than 30 Initial Coin Offerings (ICOs), Security Token Offerings (STOs), and Initial Exchange Offerings (IEOs). X10 is ranked a Top 3 STO advisory agency, a Top 5 ICO marketing agency,…
Bitcoin has difficulties with recovering above $10K, starting to slip in the range of $9,400 to $9,800. It means that there is more and more probability of decline at least to the next round level by $9K. But a continuation of the decrease can attract new sellers, and correction can strengthen.
A rule embedded within litecoin’s (LTC) code is set to soon reduce rewards for the miners who today ensure transaction processing on the world’s fourth-largest blockchain by total value. In approximately five days, litecoin will undergo a scheduled reward halving – a process aimed at preserving cryptocurrency’s purchasing power.
Singapore’s financial watchdog warns of an online Bitcoin scam scheme using fabricated claims by a former prime minister.