Day: January 26, 2019

Apple Co-Founder Steve Wozniak Declares He Sold All His BTC Holdings at $20,000 Peak

boss

Apple co-founder Steve Wozniak has said that he sold all of his Bitcoin (BTC) when the currency hit $20,000 in December 2017. Financial media outlet Business Insider Nordic reported on Wozniak’s comments on Jan. 24. Speaking at the Nordic Business Forum in Stockholm, Sweden, Wozniak said that he first bought an undisclosed quantity of Bitcoin when the crypto was at about $700 because he “wanted to experiment with it.” He then explained what he planned to do with it: “My goal was to travel to a place like Stockholm, and…

Russian Lender VTB Patents Blockchain Payment Technology

boss

Russian Lender VTB Patents Blockchain Payment Technology January 26, 2019 by Vladimir Litvinov The Russian state-controlled bank VTB has patented a technology for blockchain payments as it moves to offer distributed ledger-related services to its customers. What will the big bank do with the tech now that it has a patent secured? Also read: Blockport Allows Bitcoin Deposits, Pursues Hybrid-Decentralized Exchange Model Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts VTB Wins Patent in Blockchain Pivot The technology facilitates multiple issuers, the bank said, and would foster…

Chinese Crypto Exchanges Seek Backdoor Listings in Hong Kong

boss

As the bear market continues with no signs of a change in trend crypto exchanges and mining giants in China seek ways to stay afloat. One method which has been increasing is a reverse merger in Hong Kong as IPO hopes fade. Reverse Mergers Becoming The Easy Route Hong Kong regulators are growing increasingly wary of Chinese crypto firms trying to get listed to avoid the digital blackout in their own country. According to the SCMP, citing ‘people familiar with the matter’, chief executive of the Hong Kong Exchanges and…

Nasdaq Finally Gives a Green Light to Cryptocurrency

boss

Photo: Pursuit / Flickr Having led the rounds of the founding of the 2015 startup Symbiont, Nasdaq is joined by Raptor Group, Galaxy Digital, and Citi Ventures Being the Anchor partner Nasdaq is expected to benefit from developing applications on Assembly, the enterprise blockchain solution on the smart contract platform. A recent report stated that Assembly provides its participants with an opportunity to enter the digital market by providing a superior infrastructure on which they can build the future of financial markets. Gary Offner, Head of Nasdaq Ventures says its…

Leaked Crypto Exchange User KYC Data Doesn’t Affect Our Accounts: Binance

boss

By CCN: Binance, the world’s leading cryptocurrency exchange, has recently put out a statement claiming that the leaked cryptocurrency exchange user know-your-customer (KYC) data isn’t from its users, as it uses digital watermarks on every user picture it collects. Recently, CCN revealed a hacker going by “ExploitDOT” was selling leaked KYC data from cryptocurrency exchange user son the dark web, after seeing three pictures of individuals holding up a piece of paper with the word “Binance” and the date the picture was taken at in them, while holding their identity…

Leaked Crypto Exchange User KYC Data Doesn’t Affect Our Accounts: Binance

boss

By CCN: Binance, the world’s leading cryptocurrency exchange, has recently put out a statement claiming that the leaked cryptocurrency exchange user know-your-customer (KYC) data isn’t from its users, as it uses digital watermarks on every user picture it collects. Recently, CCN revealed a hacker going by “ExploitDOT” was selling leaked KYC data from cryptocurrency exchange user son the dark web, after seeing three pictures of individuals holding up a piece of paper with the word “Binance” and the date the picture was taken at in them, while holding their identity…

Bitstamp Partners With Leading Swiss Online Bank to Enable Bitcoin (BTC) Funding and Withdrawals

boss

The cryptocurrency exchange of Bitstamp has partnered with Dukascopy Bank to enable crypto funding for the clients of the bank. The bank is a leading Swiss online bank and its clients can now send Bitcoin (BTC) to their accounts and the crypto will be converted to US Dollars which they can use to trade on the Swiss FX Marketplace. The clients of Dukascopy can also withdrawn their funds back to the their crypto wallets in the form of BTC. Bitstamp will facilitate the conversion of fiat to Bitcoins and vis…

Wall Street Analyst: Bitcoin (BTC) Showing Bubble-Like Properties

boss

Bitcoin Displaying Bubble-Esque Properties Hot on the heels of a Reuters report divulging J.P. Morgan & Chase’s dissatisfaction with the Bitcoin industry, CNBC has revealed that the Wall Street giant’s anti-crypto sentiment runs much deeper than previous reports would indicate. Jan Loeys, a managing director and analyst at J.P. Morgan, claimed that his firm has “long been skeptical” of the inherent value of cryptocurrencies in nearly all environments, save for “dystopian” societies rife with distrust for centralized financial intermediaries, like the U.S. Federal Reserve or Wall Street institutions. The firm’s researchers went…

Cargill Invests Digital Engineering to Develop Hyperledger Grid

boss

United States-based agricultural conglomerate Cargill has announced that it is investing digital engineering resources to develop Hyperledger Grid, according to an announcement on Jan. 25. Hyperledger Grid is a recently announced project from Hyperledger that aims to streamline supply chains by using blockchain technology. Cargill — the U.S.’s largest privately held company with $114.7 billion in revenue — states that the Hyperledger Grid can “accelerate development of blockchain and other digital solutions for the global food and agriculture supply chains.” Cargill notes that Hyperledger Grid has provided a suite of…

JP Morgan: Bitcoin Would Only Make Sense in a Dystopian Scenario

boss

News JP Morgan has continued to bash bitcoin and cryptocurrencies, saying the value of them is still unproven and that it will be at least another three to five years before blockchain technology makes a difference to the banking sector.  Also read: Jamaica Stock Exchange Plans to List Security Tokens ‘A Dystopian Scenario’ America’s largest bank has reaffirmed that it is still skeptical of cryptocurrencies. JP Morgan said that such assets would only be of any value in a “dystopian scenario” where investors lost faith in gold, the dollar and the…