Day: February 2, 2019

Crypto Payment Processor CoinGate Adds Support for Ripple’s XRP

boss

Cryptocurrency payment processor CoinGate has added Ripple’s native token XRP to its payment options for merchants, a company tweet revealed Feb. 1. According to the firm’s accompanying blog post, using the service “XRP coin owners can now use it as a means of payment at more than 4,500 shops online.” CoinGate notes that, by offering what it defines as the first native XRP payment processing service, it hopes “to significantly boost its utility.” The company’s customers using this service reportedly have the option of instant settlement in euros, Bitcoin (BTC),…

7 cryptocurrencies performed better than Bitcoin in January.

boss

Seven cryptocurrencies performed way better than Bitcoin during January’s market volatility. HOT, the native token of Holochain project, surprised the cryptocurrency community with a 178% price surge. Augur’s REP followed by posting a 51.50% monthly gain. Chainlink’s LINK came third after rising 39%, while Numeraire’s NMR became the fourth most profitable crypto asset after ballooning 35%. Tron’s TRX, Loopring’s LRC, and OAX’s token of the same name swelled between the range of 31-33% in the same time. BITCOIN FELL CLOSE TO 10% DURING JANUARY 2019 | SOURCE: TRADINGVIEW.COM In contrast,…

Don’t Believe the FUD: Ethereum Can Scale

boss

Hunter Hillman is the head of growth at Connext. Steven McKie is a co-founder of Amentum Capital. Eric Olszewski is an ethereum developer. Over the past few months, we have noticed a significant number of articles proclaiming the imminent failure and collapse of the ethereum platform due to its inability to scale and its overall lack of user traction. This is hardly a surprise; with many new emerging technologies, we see a similar hype cycle. In Gartner’s famous model, the “Peak of Inflated Expectations” is followed rapidly by the “Trough…

South Korean Financial Regulator Stands Firm on ICO Ban

boss

South Korean Financial Regulator Stands Firm on ICO Ban February 2, 2019 by Akshay Makadiya South Korean financial regulator, the Financial Services Commission (FSC), has maintained its stance prohibiting domestic crypto startups from raising money via Initial Coin Offerings (ICOs). The FSC decided to uphold the ICO ban owing to questionable practices among local crypto startups. Could a reformist approach from the financial regulator be more appropriate? Also read: Italy Crypto – ‘The Bomber’ Bankrupted, Senate Moves to Define Blockchain Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders &…

Max Keiser Bares Fangs, Challenges Bitcoin Naysayers With Digital Gold Argument

boss

“Fight Me,” Keiser Says Over Digital Gold Argument  As BTC has continued to stumble, Max Keiser, a broadcaster at RT and a diehard decentralist/anti-establishment proponent, has taken to Twitter and his personal show, the “Keiser Report,” to laud Bitcoin as a viable form of “digital cash.” In an episode of the “Keiser Report” released Friday, Max and his wife Stacey Herbert take a look into Bitcoin’s underlying value proposition as a store of value, while accenting why this thesis is rather valuable, especially in a world that seems rife with…

Crypto Exchange QuadrigaCX Missing $145 Mln After Death of Founder

boss

Following the sudden death of its founder Gerry Cotten, cryptocurrency exchange QuadrigaCX is reportedly missing CA$190 million dollars ($145 million) in digital assets, Canadian news daily The Globe and Mail reports on Feb. 1 Citing a creditor protection filing from the Nova Scotia Supreme court, the Globe and Mail states that the firm has been unable to locate or access the funds since Cotten passed on Dec. 9, leading to a liquidity crisis at the exchange. QuadrigaCX filed for creditor protection in compliance with the Companies’ Creditors Arrangement Act (CCAA)…

Bitcoin Bull Novogratz: It’s Still Months Before Crypto “Heads North”

boss

Novogratz Doesn’t Expect Bitcoin To Head North For A Few More Months Mike Novogratz, a Wall Street legend with decades of experience as an institutional hotshot, made a full transition into Bitcoin (BTC) just years ago, as he saw a potential that was reminiscent of that seen during the early Internet. While the former Goldman Sachs partner tweeted incessantly about the subject matter in 2017 & early-2018, he started to fall silent in the waning months of yesteryear, as BTC and other cryptocurrencies lost steam en-masse. However, after a seeming hiatus…

Bitcoin Bull Novogratz: It’s Still Months Before Crypto “Heads North”

boss

Novogratz Doesn’t Expect Bitcoin To Head North For A Few More Months Mike Novogratz, a Wall Street legend with decades of experience as an institutional hotshot, made a full transition into Bitcoin (BTC) just years ago, as he saw a potential that was reminiscent of that seen during the early Internet. While the former Goldman Sachs partner tweeted incessantly about the subject matter in 2017 & early-2018, he started to fall silent in the waning months of yesteryear, as BTC and other cryptocurrencies lost steam en-masse. However, after a seeming hiatus…

Swiss Cybersecurity Firm Opens Blockchain Center in Geneva

boss

Switzerland-based blockchain and cybersecurity firm WISeKey has opened a Blockchain Center of Excellence in Geneva, according to an announcement on Feb. 1. WISeKey focuses on secure authentication and identification using a cryptographic tool called Root of Trust. The company is increasingly incorporating Internet of Things (IoT) and blockchain technology into its operations and portfolio. The Geneva Blockchain Center of Excellence will purportedly assist blockchain-related startups in addition to researching and promoting new technology. It will also aim to expedite the adoption of blockchain technology in the public and private sectors.…