Day: December 5, 2018

Nasdaq to Offer Bitcoin Futures from Q1 2019 after CFTC Clearance

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Nasdaq will list Bitcoin futures from early 2019, confirmed Express UK on December 3, 2018. The premier cryptocurrency is set to find its way through the robust New York-based exchange markets after obtaining clearance from the Commodity Futures Trading Commission (CFTC). Could Nasdaq’s BTC Futures Kick-start Another Bull Run? In January 2018, Nasdaq chief executive Adena Friedman went on record stating the world’s second-largest stock exchange is contemplating launching Bitcoin futures. At the time, Friedman mentioned that the exchange is assessing how it can differentiate its product from the ones…

R3 Adds Ripple as First Crypto for Its Universal Payments DApp

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Enterprise blockchain software firm R3 has announced that ‘rival’ Ripple’s XRP token will be the first crypto supported on its new universal payment settlement platform, Finextra reports today, Dec. 5. Dubbed “Corda Settler,” the new open source Corda-based decentralized application (CorDapp) reportedly allows payment obligations raised on the Corda blockchain to be settled via any parallel payment rail that supports cryptocurrencies or assets, or any ‘traditional’ payment rail that can provide “cryptographic proof of settlement.” A payment rail is a term for a payment platform or network that transfers money…

Coinbase Adds Zcash to Retail Crypto Trading Service

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Less than a week after adding privacy-focused zcash to its professional trading platform, crypto exchange Coinbase is opening trading to its retail customers. The company announced Wednesday that clients using coinbase.com or the Android and iOS apps can buy, sell, send, receive or store zcash, though residents in the United Kingdom and the U.S. state of New York will not immediately have access to these services. The move comes on the heels of Coinbase Pro adding support for zcash last week. At the time, the platform announced that only residents…

Thieves Kidnap, Drug, Beat, and Torture a South African Bitcoin Enthusiast

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A South African man was recently kidnapped by a group of five people in Soweto who went as far as to drug and torture him to get access to his cryptocurrencies according to December 2, 2018, reports. Bitcoin Presentation Soweto Urban reported that on November 16, 2018, a man from Lanseria was kidnapped by two women and three men who assaulted and tortured him so that he could reveal his cryptocurrency wallet passwords. The police registered the occurrence, and the victim is still recovering in the Alberton Union Hospital Intensive…

Falling on Deaf Ears? Wall Street Kneels at the Altar of the SEC

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Falling on Deaf Ears? Wall Street Kneels at the Altar of the SEC December 5, 2018 by Paul de Havilland A number of executives from Wall Street took to the SEC on November 30th to present the regulator with a 63-page proposal arguing for the approval of bitcoin ETFs. SEC Chairman Jay Clayton’s remarks at the Consensus Invest Conference in New York indicate their appeal may have fallen of deaf ears. Also see: Why Binance Chose Africa to Launch its First Fiat Exchange: Wei Zhou Subscribe to the Bitsonline YouTube channel for great…

Ripple, NEM & Two Others Launch ‘Blockchain for Europe’ Association

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Four major blockchain companies have formed a “Blockchain for Europe” Association, according to a press release Dec. 5. The association seeks to promote the understanding and proactive regulation of blockchain and other distributed ledger (DLT) technologies across the continent. The four participant companies are Ripple, the NEM Foundation, Emurgo – which supports commercial ventures based on the Cardano blockchain – and “smart ledger” development firm Fetch.AI. The firms have outlined the Association’s aim as addressing the European Union’s “fragmented” policy debate around blockchain, which they claim is skewed by “inconsistent”…

Improving Trust in Mobile Advertising with Blockchain

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Consider the following: Between 2017 and 2018, mobile ad fraud just about doubled, according to Adjust. Close to 80% of all programmatic buyers lacked transparency for media buying. And over half of mobile advertisers now classify privacy concerns as an “urgent issue.” In light of these challenges, is there a solution? Recently, there have been several efforts to marry blockchain and ad tech. What role can blockchain play in eliminating advertiser concerns and promoting greater transparency? Blockchain combines encrypted messaging and public ledgers to help ensure fairness. However, it becomes difficult to…

Roger Ver Sidelines Bitcoin Cash War to Present Crypto Bull Case

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Bitcoin.com CEO and Bitcoin Cash (BCH) proponent Roger Ver remained buoyant about cryptocurrency markets Dec. 4, telling Bloomberg the “future is brighter than ever.” In an interview in Tokyo, Ver, who has become known for his slighting of Bitcoin (BTC) in favor of Bitcoin Cash, briefly put the two coins’ differences aside to explain that despite price suppression, there remained a foolproof case for further adoption. “Long term, the future’s brighter than ever; there’s more awareness, there’s more adoption, there’s more stuff happening all over the world,” he told the…

Ethereum Classic Dev. Team ETCDEV Shuts Down

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The crypto industry has the urge to purge amid the prolonged bear market. The latest victim is ETCDEV, a major Ethereum Classic development team that launched in 2016. Igor Artamonov, the founder and chief technology officer of ETCDEV, announced that the group is shutting down due to lack of funds. “As is publicly known, we have struggled with funding our operation in the last few weeks,” Artamonov wrote on Twitter.” This was partially due to the market crash, combined with a cash crunch in the company.” Unfortunately ETCDEV cannot continue to…

Three Bitcoin Lies That Just Won’t Die

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News Did you hear that China’s just banned Bitcoin? Or that mining is killing the planet? Course you did. It’s hard to ignore the FUD when it’s all around you, like a thick fog that just won’t shift. Some Bitcoin falsehoods are so pernicious and pervasive they they refuse to die, despite all efforts to set the record straight. Here are three of the worst. Also read: Political Decentralization: Freeing the Internet From Monopolists With Crypto-Tech ‘Bitcoin Is Locked in a Death Spiral’ A death spiral sounds hella cool, like something…