Blockchain & Cryptocurrency News

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Thu, 27 Feb 2020, 10:59 PM
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U.S. SEC rejects Wilkshire Phoenix’s bitcoin-based exchange-traded fund

Crypto exchange FCoin’s insolvency could be due to technical difficulties or planned scam

Crypto exchange FCoins insolvency could be a scam. A few weeks ago, FCoin founder and former Huobi CTO Zhan Jian announced that it has paused withdrawals and deposits because its capital reserve fell short of its...

Crypto prime broker Tagomi joins Facebook’s Libra Association

Crypto prime broker Tagomi has become the 22nd member of the Facebooks Libra Association. Tagomi is joining the Libra Foundation and Jennifer will be the newest member, Tagomi emailed TechCrunch. Tagomi was founded...

Square’s Cash App made $178M from bitcoin revenue

Squares mobile payment service app Cash App has made almost half of its revenue from bitcoins. CEO of Square and Twitter Jack Dorsey released the Q4 2019 Shareholder Letter for the investors of Square. The report showed...

Canada will not issue digital currency but will modernize existing payment system

The Bank of Canada will not be issuing its own digital currency anytime soon. The central bank doesnt see the need to issue a cryptocurrency because its current payment system still works. Deputy Governor Timothy Lane...

Blockchain could transform media and entertainment by eliminating fraud and reducing cost

Blockchain is expected to benefit the media and entertainment industry. According to Tatiana Koffman in an article for Forbes, blockchain technology will be beneficial to the media and entertainment industry because it...

Germany’s new regulation targeting bitcoin exchanges and custodians may face these challenges

Germanys Financial Supervisory Authority (or BaFin) has released a new guideline urging bitcoin exchanges and custodians to get a license. Companies who will be addressing the German market no matter where they are based...

Binance CEO reacts to Warren Buffett’s statement about cryptocurrency not having any value

Berkshire Hathaway CEO and Chairman Warren Buffett reaffirmed his aversion towards cryptocurrencies in his recent interview with CNBCs Becky Quick on Monday. The investor said that cryptocurrencies have no value and dont...

Blockchain Technology Partners brings smart contracts to Amazon with Sextant for DAML integration

Edinburgh-based Blockchain Technology Partners (BTP) announced the availability of DAML integration with the Amazon Quantum Ledger Database (Amazon QLDB) that is commercially supported by BTPs Sextant for DAML on its...

Bitcoin price drops to $9.3K due to Coronavirus and overbought conditions

Bitcoin (BTC) price has dropped below the $9,400, which was labeled by analysts as crucial support, Cointelegraph reported. On Feb. 25, bitcoins price dropped another 3.07% marking its second day of losses. The price is...

CEO Warren Buffett reaffirms aversion towards cryptocurrencies, says they have ‘no value’

Berkshire Hathaway CEO and Chairman Warren Buffett didnt hide his aversion towards cryptocurrencies in his recent interview with CNBCs Becky Quick on Monday. Cryptocurrencies basically have no value and they dont...

Business

Crypto exchange Binance to list COTI for free Wed, 26 Feb 2020, 07:16 am UTC

Crypto exchange Binance announced that it will now be listing COTI for free. In the announcement, Binance stated that it will open trading for COTI/BNB, COTI/BTC and COTI/USDT trading pairs starting today, Feb. 26....

Investment solution Fidelity International acquires a stake in crypto company BC Group

Sports blockchain Chiliz announces the launch of Socios ID

Binance partners with Epay to support Hong Kong Dollar deposits and withdrawals

Technology

Brazil to launch new payment system in response to cryptocurrencies Fri, 21 Feb 2020, 11:22 am UTC

The Banco Central do Brasil (BCB), the central bank of Brazil, has announced the launch of PIX its answer to the crypto revolution. The BCB said that it is taking the first steps to make instant payments available to...

Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet

Swedish central bank begins CBDC pilot with Accenture

Telecom companies complete cross-carrier mobile payments using blockchain

Investing

G20 finance ministers urge countries to implement FATF standards on virtual assets Tue, 25 Feb 2020, 10:15 am UTC

G20 finance ministers reiterated its statement about the risks of global stablecoins and urges countries to implement the Financial Action Task Force (FATF) standards. A communiqué from the G20 Finance Ministers...

Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern

Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside

Crypto Technicals: Major Cryptocurrency Daily Technical Outlook

Insights

Why is China investing in blockchain technology Wed, 26 Feb 2020, 07:03 am UTC

China is one of the leading countries when it comes to crypto and blockchain, and the country has many reasons why it invests in these technologies. China President Xi Jinping has urged the people to take advantage of...

DTCC calls for industry consortium and comprehensive framework to address DLT security risks

Insider frauds contributed the most to $4.5B crypto-crime losses in 2019: CipherTrace

U.S. Treasury includes digital assets among top vulnerabilities to financial system

Bitcoin (BTC) $8,789.23 (-0.18%)
Ethereum (ETH) $227.72 (+0.49%)
XRP (XRP) $0.224600 (+0.84%)
Bitcoin Cash (BCH) $322.50 (+1.23%)
Bitcoin SV (BSV) $226.99 (+1.35%)
Bitcoin (BTC) $8,789.23 (-0.18%)

Breaking

Feb 21, 2020 (Friday)

12:01

Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet