We Finally Know Why Coinbase UK Dumped ‘Anonymous Crypto’ Zcash

We finally know the real reason why Coinbase UK unexpectedly dumped Zcash, one of the best-known “anonymous” crypto tokens. | Source: Shutterstock By CCN Markets: Coinbase users in the UK continue to get bad news, with the latest impacting Zcash holders specifically. The rumor mill began to churn this week when the cryptocurrency exchange unexpectedly dumped ZEC. Now there’s finally confirmation for at least one of the reasons that were bandied about. UK-based banking giant Barclays severed its relationship with the cryptocurrency exchange. According to CoinDesk, Coinbase is now banking…

We Finally Know Why Coinbase UK Dumped ‘Anonymous Crypto’ Zcash

We finally know the real reason why Coinbase UK unexpectedly dumped Zcash, one of the best-known “anonymous” crypto tokens. | Source: Shutterstock By CCN Markets: Coinbase users in the UK continue to get bad news, with the latest impacting Zcash holders specifically. The rumor mill began to churn this week when the cryptocurrency exchange unexpectedly dumped ZEC. Now there’s finally confirmation for at least one of the reasons that were bandied about. UK-based banking giant Barclays severed its relationship with the cryptocurrency exchange. According to CoinDesk, Coinbase is now banking…

Price Analysis 14/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

Bitcoin has broken down of a tight range. Will it weaken sentiment and drag a few major altcoins to new yearly lows? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Nicholas Colas, co-founder of DataTrek Research, believes that the performance of Bitcoin in the past few days shows that…

Blockchain Firm Findora Hires Former Coinbase CTO as Strategic Advisor

Finance infrastructure-focused blockchain project Findora has appointed the former chief technology officer of major American cryptocurrency exchange Coinbase as a strategic advisor. As fintech media outlet Fintech Finance reported on Aug. 14, Balaji Srinivasan joined Findora after serving as a general partner at venture capital firm Andreessen Horowitz, and co-founder and CEO of blockchain-powered paid messaging service Earn.com.  Apart from Srinivasan, Findora has also hired Dan Boneh, head of Stanford University’s Cryptography Group, to the same position. Commenting on the appointment, Findora CEO Charles Lu reportedly said: “We are excited…

R3 Announces Planned Dublin Office Amid Aggressive Expansion

Enterprise blockchain developer R3 announced on Aug. 14 that it intends to open a second European office in Dublin in 2020. This comes just weeks after doubling the size of its London hub as part of an aggressive expansion plan. Hiring to expand global headcount by 25% The new office will serve as a tech hub, staffed largely with engineering specialists working closely with the existing London team. R3 has embarked on a hiring mission, which aims to increase its global headcount by around one quarter. As well as the…

New England Firm Settles with SEC Over Allegedly Unregistered $6.3M ICO

A New England-based firm has settled with the United States Securities and Exchange Commission (SEC) over an allegedly unregistered $6.3 million initial coin offering (ICO). According to an SEC announcement published on Aug. 12, SimplyVital Health, Inc. announced plans to conduct an ICO in order to secure funds for a healthcare-related blockchain ecosystem dubbed Health Nexus in 2017. The company offered a native token for Health Nexus called Health Cash (HLTH). The company purportedly announced a pre-sale of HLTH tokens under Simple Agreements for Future Tokens (SAFTs) that were set…

Bitcoin ‘Fear Gauge’ Explodes to Most Alarming Level Since 2018

The Bitcoin ‘Fear Gauge’ just spiraled to its worst level since December 2018 – when the BTC price was a paltry $3,200. | Source: Shutterstock. Image Edited by CCN. By CCN Markets: The Bitcoin Fear and Greed Index has crashed to its lowest level in almost a year. The index, which tracks sentiment among investors, hasn’t plumbed these lows since December 2018 when the king of crypto finally found yearly support just above $3,000. The current reading of 11 out of a possible 100 registers as ‘Extreme Fear’ on the…

Bitcoin ‘Fear Gauge’ Explodes to Most Alarming Level Since 2018

The Bitcoin ‘Fear Gauge’ just spiraled to its worst level since December 2018 – when the BTC price was a paltry $3,200. | Source: Shutterstock. Image Edited by CCN. By CCN Markets: The Bitcoin Fear and Greed Index has crashed to its lowest level in almost a year. The index, which tracks sentiment among investors, hasn’t plumbed these lows since December 2018 when the king of crypto finally found yearly support just above $3,000. The current reading of 11 out of a possible 100 registers as ‘Extreme Fear’ on the…

Austrians Reject Bitcoin, Reveals New Public Survey

A majority of Austrians are skeptic about decentralized cryptocurrencies like bitcoin, according to a new ING International survey. Only 13 percent of the participants from Austria expressed optimism towards cryptocurrencies, making the country of one of the world’s most prominent anti-bitcoin regions in terms of public sentiment. On the other hand, ING found that people of sanctions-hit Turkey are more receptive towards digital ledger tokens, with 62 percent of them agreeing to at least use it in the future. Among the other open-minded, pro-bitcoin people come from Romania (44 percent),…

UK’s Ad Regulator Accuses BitMEX Exchange of Misleading Bitcoin Graph

The advertising regulator ASA notes that BitMEX ads breached the code along with the lack of clear explanation of the risks involved with the BTC investments. On Wednesday, August 14, the U.K. Advertising Standards Authority (ASA) has upheld its complaint against the crypto derivatives platform BitMEX for showing a “misleading” Bitcoin price graph on the front page of the country’s national newspaper. ASA, which is an independent ad regulator, said that earlier this year in January 2019, BitMEX advertised in The Times newspaper showing a 10-year graph of the BTC price between…