Day: September 25, 2018

New Coinbase Listing Process Will Allow Exchange to ‘Rapidly’ Increase Supported Assets

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Cryptocurrency exchange Coinbase has announced a new process that will allow it to list more digital assets faster, according to a statement published September 25. Per the announcement, the new process refers only to digital assets that are compliant with local law, which means that certain assets listed on the platform may only be available to customers in particular jurisdictions. Issuers who want to submit tokens at Coinbase via the newly adopted process will have to use a special form, which will subsequently be evaluated by the exchange team against…

Coinbase changes listing policy for new tokens

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Coinbase announced on Tuesday a new policy for adding assets, and it constitutes a major change for America’s biggest cryptocurrency brokerage. The site will now allow the developer teams behind cryptocurrencies to fill out an application form for their token to be listed on Coinbase. Of course, Coinbase will also consider adding assets based on its own evaluation, as it has in the past.  And Coinbase will announce new assets differently. “Because listing announcements will become more frequent,” the company says, “we expect to publicly announce the addition of new assets…

North Korea ‘Increasingly’ Uses Crypto to Avoid US Sanctions, Experts Claim

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North Korea is “increasingly” using cryptocurrencies to evade sanctions imposed by the U.S., according to two Washington-based experts cited by news site Asia Times on September 24. Lourdes Miranda and Ross Delston sent a joint response to an Asia Times’ inquiry regarding the use of crypto by the government of North Korea (DPRK). Miranda is an independent financial analyst and a financial crimes investigator, and Delston is an independent attorney and expert witness in money laundering cases. Both experts have claimed that the country is successfully trading existing cryptocurrencies, and…

Major US Dairy Co-Op Pilots Blockchain Technology for Food Supply

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Dairy Farmers of America (DFA), a U.S. national milk marketing cooperative, has teamed up with food fintech startup ripe.io to pilot a blockchain-powered project aimed at improving the food supply chain, according to an announcement published September 25. DFA is a cooperative owned by dairy farmer-members in 48 states, the net income of which totalled $127.4 million in 2017, while its net sales were over $14 billion. In 2017, the cooperative directed the marketing of 64.4 billion pounds of milk, representing approximately 30 percent of the total milk production in…

Ripple Price (XRP) Pumps on Coinbase Listing Overhaul

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Bolstered by a hopeful announcement from cryptocurrency exchange giant Coinbase, the ripple price (XRP) broke out of its recent bearish trend. Ripple Price Breaks out of Early-Week Slump Ripple had traded deeply in the red for most of the day, shedding much of its phenomenal gain from the previous week. That changed on Tuesday evening when the third-largest cryptocurrency surged on a wave of bullish sentiment. As of 22:09 UTC, the ripple price was trading at $0.478, up from an intraday low of $0.436. XRP/USD | Bitstamp The ‘Coinbase Effect’ The…

Do You Really Need a Blockchain for That? Concordia Annual Summit Special – Part 2

We traveled to the Concordia Annual Summit in New York City and spoke to four leading voices in the blockchain world, asking each one: how useful is a blockchain, anyway? Hear answers from investor Jalak Jobanputra, Microsoft’s Yorke Rhodes, attorney Preston Byrne, and Hyperledger’s Brian Behlendorf in conversation with host Marc Hochstein. Thanks to our sponsors! Said Business School, University of Oxford Oxford Fintech Programme Oxford Blockchain Strategy Programme Late Confirmation is a CoinDesk production made in collaboration with The Podglomerate. For more, visit CoinDesk.com Source link

Coinbase Gears Up for Biggest-Ever Expansion of Crypto Asset Listings

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Coinbase has revamped its policy for listing new cryptocurrencies, replacing an ad hoc process with one the startup hopes will rapidly expand the range of assets traded on its exchange. Announced Tuesday, the new system allows almost anyone to submit a cryptocurrency through an online form for evaluation under the company’s digital asset framework. Those that meet the criteria may be listed, although not necessarily available right away to all Coinbase customers. That’s because listings will be added on a jurisdiction-by-jurisdiction basis, rather than supporting all assets globally as Coinbase has…

Monero Bug Would Have Let Attackers ‘Burn’ Crypto Exchange Deposits

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The developers of privacy-centric cryptocurrency monero have patched a bug that would have allowed an attacker to cause significant damage to cryptocurrency exchanges and XMR-friendly merchants. Now-Patched Monero Bug Put Cryptocurrency Exchanges, Merchants at Risk Addressed through a software patch privately distributed to exchanges and merchant and later publicly disclosed through a post-mortem on the project’s website, the bug would have allowed a user to deliberately “burn” XMR by sending multiple payments to the same stealth address. While the recipient would have been able to spend one output (the wallet…

Japan’s SBI Holdings | Creating “S coin” for Retail Purchases

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Japan’s SBI Holdings just announced that it is testing a cryptocurrency to be used for retail purchases. SBI published the news via a press release on its website this morning. SBI Holdings’ “S Coin” The news showcases SBI’s test for blockchain’s possibilities within the company. The “S coin” used will be a settlement coin that allows users to charge and settle payments of products on their smartphones. The translated release reads: “In this demonstration experiment, for SBI group employees, we will construct a mechanism that allows cashless settlement at ‘eating…

Japan’s SBI Holdings | Creating “S coin” for Retail Purchases

boss

Japan’s SBI Holdings just announced that it is testing a cryptocurrency to be used for retail purchases. SBI published the news via a press release on its website this morning. SBI Holdings’ “S Coin” The news showcases SBI’s test for blockchain’s possibilities within the company. The “S coin” used will be a settlement coin that allows users to charge and settle payments of products on their smartphones. The translated release reads: “In this demonstration experiment, for SBI group employees, we will construct a mechanism that allows cashless settlement at ‘eating…