Month: April 2019

Europe: Cryptocurrency Is Here To Stay

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A majority of Europeans are optimistic about the future of cryptocurrencies, a recent study has found. In a research commissioned by major bitcoin exchange bitFlyer, 10,000 people across 10 European countries were asked if they believe cryptocurrencies will still exist in ten years’ time. 63 percent of the respondents replied positively. However, the majority are still uncertain as to how they will be used. Norway is leading as the most optimistic country about the future of cryptocurrency, with almost three-quarters (73 percent) believing they will still exist in some form.…

Bitcoin Bull Tom Lee is Sure: ‘Crypto Winter is Now Over’

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Photo: Marco Verch / Flickr Bitcoin bull and leading Fundstrat analyst Tom Lee is known to be one of the main optimists in the crypto sphere. And now in his recent interview, he explained why he is still bullish on cryptocurrencies despite the challenging previous year and predicted what we could expect from Bitcoin and other cryptos in 2020. Though last week the cryptocurrencies started losing their value after there surfaced controversial news about Tether, Lee is absolutely sure that it is just a temporary situation. He believes that bullish…

Bitcoin Bull Tom Lee is Sure: ‘Crypto Winter is Now Over’

boss

Photo: Marco Verch / Flickr Bitcoin bull and leading Fundstrat analyst Tom Lee is known to be one of the main optimists in the crypto sphere. And now in his recent interview, he explained why he is still bullish on cryptocurrencies despite the challenging previous year and predicted what we could expect from Bitcoin and other cryptos in 2020. Though last week the cryptocurrencies started losing their value after there surfaced controversial news about Tether, Lee is absolutely sure that it is just a temporary situation. He believes that bullish…

Neo 3.0 to Launch on New Blockchain Network, Users Will Need to Swap Tokens

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Neo 3.0 is going to be launched as a new blockchain network and users will need to swap their existing tokens for new ones, according to an official announcement shared with Cointelegraph on April 29. The Chinese platform’s co-founder and core developer Erik Zhang has said the new chain, which is coming from a new genesis block, is necessary because several architectural improvements to Neo’s performance and stability are not compatible with its current blockchain. According to the platform, all data and transaction records will migrate to Neo 3.0, and concurrent…

CipherTrace Detects Major Uptick in Cross-Border Payments to Offshore Crypto Exchanges

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Disclaimer: A CipherTrace spokesperson informed Cointelegraph that these numbers are subject to change as new information becomes available There has been a 47% increase in the number of cross-border payments from United States crypto exchanges to offshore exchanges since early 2017, posing an ostensible quandary for regulators. The data was reported in the latest cryptocurrency AML (Anti-Money Laundering) report from crypto intelligence firm CipherTrace, shared with Cointelegraph on April 29. According to CipherTrace, an analysis of 164 million bitcoin (BTC) transactions revealed that cross border payments from U.S.-based exchanges to…

Ledger Provides Secure Wallet Management Solution to Regulated Canadian Crypto Exchange

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French hardware wallet producer Ledger is set to provide its secure crypto infrastructure solution to regulated Canadian crypto exchange National Digital Asset Exchange (NDAX), according to a press release shared with Cointelegraph on April 29. NDAX — which offers crypto asset trading services for both retail and institutional clients — will use Ledger’s institution-grade wallet management solution, dubbed Ledger Vault. Ledger Vault provides a multi-authorization governance infrastructure for crypto assets, and has been designed with enterprise and institutional custodian and asset managers’ needs in mind, according to the press release.…

Bitcoin Is The First Asset That Enabled Investors To Make 100,000% Gains

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Over the past two decades, the Internet and technology industries have created unimaginable wealth. The Dotcom bubble may have burst almost two decades ago, but the Silicon Valley money making machine is still churning. But there’s an arguable issue here, the growth of modern technologies has further centralized wealth, creating even more drastic wealth disparities. As normal though, that’s where Bitcoin comes in. Related Reading: Co-Founder of Ethereum: Blockchain Will be “More Disruptive” Than Dotcom Bubble The IPO Frenzy Isn’t All That Innocent Just weeks ago, Lyft, the popular ride-sharing…

ChangeNow’s NOW Token Overtakes Peers as the First Issued Token on Binance Chain

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Last week news broke that Binance, which is considered to be the biggest cryptocurrency exchange platform has launched its own Binance Chain as a precursor to the unveiling of its decentralized exchange, the BinanceDEX. The launch of Binance chain sets the stage for the transition of Binance from being a company into becoming a community. In addition, the Binance Chain is a big deal because it could prove to be a worthy competitor to Ethereum as a platform for listing projects and issuing tokens as it’s backed by Binance, which…

$325 Million Bitcoin-Accepting Real Estate Project in Dubai Pauses Operations

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This article has been updated to include comments from the press office of Lady Mone. The Aston Plaza in Dubai, a major bitcoin (BTC) real estate project, is reportedly pausing its operations, British daily news agency The Times reports on April 28. The $325 million project — developed by founder of the Ultimo lingerie brand Michelle Mone and her billionaire partner Douglas Barrowman back in 2017 — includes 1,300 luxury apartments, with at least 150 units planned to be sold in bitcoin. Touted as the first major development of this size…

HTC Plans to Launch 2nd Gen Blockchain Smartphone in 2019

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Taiwanese consumer electronics giant HTC has revealed plans to launch a second-generation model of its blockchain-centric smartphone before the end of 2019. The news was announced in a report from English-language Asian IT news source Digitimes on April 29. According to HTC’s chief decentralized officer Phil Chen, the development is a bid to boost smartphone sales and expand the company’s blockchain ecosystem. As previously reported, HTC first unveiled plans for its blockchain-focused smartphone, dubbed “Exodus,” in spring 2018, launching the product later that year. Chen revealed that sales performance for…