January 2019

NYSE Arca and Bitwise Apply for Bitcoin ETF Approval

January 26, 2019 boss

Despite the constant delays and obstacles imposed by regulatory bodies, especially by the United States Securities and Exchange Commission, the crypto market refuses to succumb, and new players are always interested in trying their luck by applying for a Bitcoin ETF Approval. The last application for a Bitcoin ETF comes from Bitwise Asset Management and NYSE Arca. The features of the application were recently disclosed affiliate sparking good expectations. When Bitwise and NYSE announced their intentions to launch a Bitcoin ETF, the news had little impact, the bad aftertaste left…

Stranger Things: The Upside of Down Bitcoin Prices

January 26, 2019 boss

Edward Woodford is the co-founder and CEO of Seed CX, which, offers a licensed exchange for institutional trading and settlement of spot digital asset products and plans to offer a market for CFTC-regulated digital asset derivatives. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. While 2018’s falling bitcoin prices led many observers to write off digital assets altogether, the correction should actually help force the market as a whole to mature. That maturation is exactly what the space needs to attract more institutional investors, whose arrival en…

SBI Crypto Subsidiary Supports Crypto Mobile Wallet in $15 Million Funding Round

January 26, 2019 boss

Cryptocurrency mobile wallet BRD has raised $15 million in a Series B financing round supported by SBI Crypto Investment, according to a press release shared with Cointelegraph on Jan. 25. SBI Crypto Investment, a subsidiary of the Tokyo-based SBI Holdings, contributed to the funding, which BRD states will help to accelerate international expansion and scale its technology platform. In the press release, BRD also announced the availability of cryptocurrency purchases through the use of SEPA transfers in the European market through a partnership with crypto payment provider Coinify. In September…

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

January 26, 2019 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

January 26, 2019 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

January 26, 2019 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

January 26, 2019 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

January 26, 2019 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

January 26, 2019 boss

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

January 26, 2019 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…