Bitcoin Futures Kingpin Reveals Why Regulators Hate Crypto

Bitcoin might have taken the financial world by surprise. But regulatory squeamishness ensures that it is still far away from gaining mainstream adoption on Wall Street, according to Terry Duffy. CME’s Terry Duffy: Regulators Detest Bitcoin’s Finite Supply The CME Group chairman and CEO told Business Insider that the biggest thing that is keeping governments away from bitcoin is its finite supply. The cryptocurrency’s supply cap does not fit well with modern economic theories, which allow governments to print money at will. With bitcoin providing no such control, Duffy said…

Hershey Chocolate Company Joins Blockchain Advertising Consortium

Blockchain-based consortium AdLedger has on-boarded The Hershey Company, a leading American chocolate production company, media outlet AdWeek reported on March 26. Hershey, along with French media group Publicis Media and The Global Audience Based Buying Conference & Consultancy (GABBCON), has reportedly joined AdLedger. AdLedger was founded by IBM, Tegna and blockchain company MadHive in 2018, and is a nonprofit consortium that develops shared ledger technologies for the digital advertising market. Apart from advertising, Hershey’s deployment of blockchain technology could be expanded to the operation of chocolate factories, facilitating tracing of…

DragonEx Crypto Exchange Hack Highlights the Importance of Using Reputable Platforms

The crypto industry has once again bore witness to an exchange being hacked by nefarious actors, with the latest exchange to fall victim being the Singapore-based DragonEx, which announced today that an undisclosed amount of multiple digital currencies have been stolen. The latest hack is now highlighting the importance of cryptocurrency traders and investors utilizing safe and reputable cryptocurrency platforms that heavily utilize cold storage in order to hedge against the on-going risk of being hacked. Another Day, Another Crypto Exchange Falls Victim to Hackers  Earlier today, the exchange notified…

Crypto Analytics Firm Messari Introduces New Exchange Index Following Fake Volume Reports

Cryptocurrency analytics firm Messari has added a new index for 10 cryptocurrency exchanges, the company announced in a blog post on March 26. Messari launched a new product dubbed “Real 10 Volumes” on its OnChainFX dashboard to limit its default volume calculations to the chosen exchanges. The “Real 10” trading platforms include Binance, Bitfinex, Bitflyer, Bitstamp, Bittrex, Coinbase Pro, Gemini, itBit, Kraken, and Poloniex. In the post, Messari said that the aforementioned exchanges reported “significant and legitimate trading volumes via their APIs [application programming interface].” The company further revealed that…

Bitcoin.com Is Giving Away 6 Tickets for the Anon Blockchain Summit in Austria

Bitcoin.com is giving you the chance to win one of six tickets to attend the Anon Blockchain Summit Austria 2019. Winners will be picked randomly and announced via social media channels on Friday. Also read: Win $5K of BCH Playing Cashgames From Bitcoin.com 6 Tickets Are up for Grabs To take part, you need to visit Bitcoin.com’s giveaway page. Each winner will be sent a code that can be redeemed at the summit’s Eventbrite site. To do so, click “Enter Promotional Code” in the top right corner of the ticket…

YouTube Reportedly Runs Malicious Ad for Bitcoin Wallet Electrum by Accident

Video-sharing platform YouTube purportedly ran a malicious advertisement for Bitcoin (BTC) wallet Electrum by mistake, according to a Reddit post published on March 26. Viewers interested in the advertisement were redirected to a malicious link using a common scamming method called typosquatting or URL hijacking. In the Reddit post, a user named mrsxeplatypus warned the public about the promotion of a malware version of Electrum, and described how the scam ad worked: “The malicious advertisement is disguised to look like a real Electrum advertisement […] It even tells you to…

Australian Banking Giant ANZ Fails to Understand Blockchain Technology

Australian Banking Giant ANZ Fails to Understand Blockchain Technology March 26, 2019 by Akshay Makadiya Australia and New Zealand Banking Group Limited (ANZ) — Australia’s third-largest bank by market cap — doubts blockchain technology’s ability to provide trustless transactions, at least for now. Additionally, the firm acknowledges the benefits of the technology but claims banks don’t need to make the switch. Could ANZ be any more wrong? Also read:  Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Underestimating the Power of Blockchain Tech After curiously examining…

Will Ripple (XRP) Bulls of Jan 30 Flow Back and Prop Dropping Prices?

Ripple prices down 5.2 percent TaoTao exchange launching in mid-May and supports Ripple (XRP) Transaction volumes low but as prices retest main support, participation may spike After pressure from the community, CMC is listening to feedback and may adjust their methodology so that investors can have a fuller image of asset prices. At the same time, Yahoo backed TaoTao exchange will launch in mid-may and Ripple (XRP)-whose prices are down 5.2 percent, is available for trading. Ripple Price Analysis Fundamentals Four months after a disastrous exposure that saw Coincheck lose…

Weiss Crypto Ratings Puts Bitcoin Aside EOS and XRP in Annual Outlook

Weiss Crypto Ratings has put Bitcoin (BTC) aside XRP and EOS in its report on emerging trends in crypto markets published Tuesday, March 26. The report — dubbed “Dark Shadows with a Bright Future” —  is based on the analysis of 120 cryptocurrencies, and assigns letter grades to cryptocurrencies that have the best combination of adoption and technology. XRP, the world’s third largest coin by market capitalization according to CoinMarketCap, is ranked “A,” and per the report is the “best positioned” to compete with SWIFT — a global system for…

Two BCH Devs Leave Bitcoin Unlimited as Network Upgrade Approaches

On March 15, the Bitcoin Cash (BCH) network is set to upgrade, with plans to add two specific elements to the chain: the Segwit recovery exception and enabling Schnorr signatures. With just six weeks left, programmers have been discussing the fork regularly during BCH developer meetings. Meanwhile, two BCH developers have announced their resignation from the Bitcoin Unlimited team. Also read: Mineable Cryptocurrencies Are Far More Valuable Than Non-Mineable Coins The May 15th BCH Upgrade Draws Near Another BCH fork is on the way and this time the chain plans…