Ethereum-based mobile operating system Status has announced that it is partnering up with OmiseGO, a network providing financial inclusion and interoperability, and Plasma scalability research, to advance the web3 ecosystem. According to an announcement, the partnership will see Status and OmiseGO working to ensure seamless integration of the OMG Network decentralised exchange (DEX), where Status will … [Read more…]
Two new cryptocurrency exchanges have been authorized by the Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, to process conversions between cyrptocurrencies and the Philippine peso. BSP’s deputy governor Chuchi G. Fonacier said the Philippines central has approved applications filed by Virtual Currency Philippines, Inc. and ETranss as platforms, reports the Philippine Star. This … [Read more…]
SIX, the financial services provider that operates the infrastructure of the Swiss Stock Exchange, is building a fully integrated trading, settlement and custody infrastructure for digital assets. The first set of services will be rolled out in the first half of 2019, the firm said on Friday. The move aims to position the firm as … [Read more…]
While Bitcoin was simply unleashed upon the world by Satoshi Nakamoto in early 2009, other cryptocurrency projects have had the benefit of raising funds through crowdfunding campaigns before the projects have even launched. Additionally, some projects use part of the block reward to pay for things like development and marketing. It is thought that these … [Read more…]
New, but fast-growing cryptocurrency exchange CoinDeal is quickly building a name for itself in the world of cryptocurrency, and more recently football. As well as now offering fiat currency transfers, CoinDeal is sponsoring Wolverhampton Wanderers Football Club as part of a marketing campaign to reach more cryptocurrency users with details of the reputable exchange. “It … [Read more…]
Wes Nolte, a 30-something South African-born chief technology officer based in London, describes his trading style as “diverse, risk-balanced, and bodacious”. It’s an approach that appears to work, given that he is one of the most-copied Popular Investors (PIs) on the pioneering global investment and trading platform eToro. “I have a relatively low-risk trading strategy … [Read more…]
The first half of 2018 has seen more than US$750 million worth of cryptocurrency stolen from exchanges, nearly three times as much as in all of 2017. The losses could rise to US$1.5 billion this year, according to a new report by CipherTrace, a US-based cybersecurity firm that develops blockchain security, anti-money laundering (AML) compliance … [Read more…]
Craig Wright, the Australian man who once, and again, claims to be Satoshi Nakamoto, is doubling down on his claim. But did he lie about his yacht while doing so? In a tirade against Peter Todd, Wright doubled down on his claims that he was Satoshi, saying that Todd doesn’t get to decide what he … [Read more…]
The UK’s Financial Conduct Authority (FCA) has unveiled the 29 companies composing the fourth cohort of its regulatory sandbox. More than 40% of them will be testing blockchain or distributed ledger technology (DLT) solutions, the financial regulator said on Tuesday. Six are using DLT to automate the issuance of debt or equity, and two are … [Read more…]
Bitcoin and the entire cryptocurrency market hit new lows at the end of June with mainstream news outlets this weekend reporting the “Bitcoin bubble” had finally burst. But it hasn’t, Bitcoin appears to be back with a price rebound. Some are saying the rally is due to Coinbase’s institutional product launch, the Coinbase Custody service. … [Read more…]