Month: February 2019

Apple Founder Wozniak Claims Bitcoin Bear Market Created “Massive” Value For Crypto

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As Bitcoin (BTC) struggled in late-2018, headlines plastered on the world’s largest business news outlets accentuated that the cryptocurrency space lost hundreds of billions in value. While many cynics argue that this collapse was catalyzed by a similar decline in underlying fundamentals, pundits argue that by many measures, the crypto and blockchain space is just as strong as ever. Woz Doesn’t Buy That Crypto Saw Massive Value Destruction In 2018 Steve Wozniak, the other Steve behind what was once known as Apple Computer, recently sat down with Bloomberg’ Yousef Gamal…

Hacked Exchange Cryptopia Discloses Estimate of Stolen Crypto

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New Zealand-based cryptocurrency exchange Cryptopia has given an idea of the losses arising from a hack on its platform last month. After being almost silent since the breach, the firm published a series of updates via Twitter on Wednesday. Most notably, Cryptopia provided an update on how much of the total assets held by the platform was lost in the cyber-attack, saying: “We are continuing to work on assessing the impact incurred as a result of the hack in January. Currently, we have calculated that worst case 9.4% of our…

London Stock Exchange Leads $20 Million Investment in Finance Tokenization Startup

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The London Stock Stock Exchange Group (LSEG) has led a $20 million investment round in fintech startup Nivaura, Reuters reported on Feb. 27. The British blockchain startup is the developer of the world’s reportedly first crypto-denominated, blockchain-settled bond. According to Reuters, LSEG paid an undisclosed amount for a minority equity stake in Nivaura.  The startup provides blockchain solutions that automate the issuance, clearing and settlement of financial instruments, including bond issuance and tokenized securities. Alongside LSEG, Banco Santander’s venture capital arm, Santander InnoVentures, was reportedly among the investors in Nivaura.…

New York Startup Raises $6.5 Million to Store Crypto For Institutions: Clear Rise in Demand

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A New York-headquartered cryptography pioneer has raised $6.5 million in order to create a new institutional standard for crypto asset security. In an industry first, the firm has unveiled an Institutional Digital Asset Wallet Service aimed at the bigger financial players that need more security and autonomy over their crypto assets. Ahead of The Curv on Crypto Curv, which also has research and development offices in Tel Aviv, has recognized that the slow uptake of cryptocurrencies by institutions could well be a result of the operational complexity and single point of…

Litecoin Foundation Partners With Glory Kickboxing to Make LTC League’s Official Crypto

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The Litecoin Foundation is partnering with premier kickboxing league Glory to become the official cryptocurrency for its online merchandise platform and international events. The news was announced in an official press release from Litecoin on Feb. 26. Glory — which has signed top kickboxing heavyweights including “Dutch Lumberjack” Peter Aerts and Remy Bonjasky, aka “The Flying Gentleman” — will integrate Litecoin (LTC) into its online merchandise store, gloryshop.com. The league will also allow fans in the United States and Europe to use the cryptocurrency to purchase various Litecoin-exclusive, event-related privileges.…

As Samsung Reveals S10 Partners One Crypto Goes to The Moon With 67% Spike

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There has been a lot of hype and anticipation over Samsung’s latest flagship smartphone, the Galaxy S10. The inclusion of crypto functionality and a hard wallet is a massive boost for the industry as it could potentially expose crypto to millions of new users. This week the South Korean tech giant revealed its partners for the S10 sending one alternative cryptocurrency to spike substantially. S10 Wallet to Support 4 Crypto Assets The announcements were made at the Mobile World Congress in Barcelona this week when a company representative took the…

This Crypto Spiked 60% Withinin Minutes of Featuring on HTC’s Blockchain Smartphone

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Following a high-profile strategic partnership with HTC, the largest mobile phone manufacturer based in Taiwan, the price of a virtual reality-focused crypto asset Decentraland (MANA) surged by 60 percent. Within minutes, the price of Decentraland spiked from $0.0363 to $0.0581 by nearly two-fold against the U.S. dollar. We’re excited to announce our new partnership with HTC! We’ll be working with HTC to bring the Decentraland ecosystem to the Exodus 1, HTC’s blockchain enabled phone, complete with an integrated hardware wallet. Read more on our blog at: https://t.co/a5g8FhEhry pic.twitter.com/JE6vijVSBC — Decentraland…

This Crypto Spiked 60% Withinin Minutes of Featuring on HTC’s Blockchain Smartphone

boss

Following a high-profile strategic partnership with HTC, the largest mobile phone manufacturer based in Taiwan, the price of a virtual reality-focused crypto asset Decentraland (MANA) surged by 60 percent. Within minutes, the price of Decentraland spiked from $0.0363 to $0.0581 by nearly two-fold against the U.S. dollar. We’re excited to announce our new partnership with HTC! We’ll be working with HTC to bring the Decentraland ecosystem to the Exodus 1, HTC’s blockchain enabled phone, complete with an integrated hardware wallet. Read more on our blog at: https://t.co/a5g8FhEhry pic.twitter.com/JE6vijVSBC — Decentraland…

JPM Coin Could Become Commercial and Be Used for Retail Payments, Says Jamie Dimon

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Photo: Fortune Live Media / Flickr Last year, J.P. Morgan Chase Chairman and CEO Jamie Dimon openly dubbed Bitcoin a “fraud”. Though a little bit later he publicly admitted that he regretted about having done it, he explained the public that he had no desire to deepen in this issue. Nevertheless, just one year has passed and J.P. Morgan announced the launch of its own cryptocurrency dubbed JPM Coin, the world’s first crypto ever created by a banking institution. The main idea behind the coin’s creation is to offer the bank’s…

Bitcoin Price Watch: BTC Remains Sell Until It Breaks 100 SMA

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Bitcoin price is slowly recovering and it is currently trading above the $3,750 support against the US Dollar. There was a break above a short term contracting triangle with resistance at $3,795 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to struggle near the $3,860 resistance and the 100 hourly simple moving average. Buyers could gain traction only if there is a close above $3,900 and the 100 hourly SMA in the near term. Bitcoin price formed a decent support and recovered…