Month: August 2019

German Cabinet and Bundesbank Are in Close Communication on CBDC Issues

boss

The Cabinet of Germany and Germany’s central bank Deutsche Bundesbank are working together closely on issues related to central bank digital currencies (CBDCs). Awareness of global CBDC situation On Aug. 29, Germany’s federal parliament (Bundestag) published official feedback to a request from parliamentary group the Free Democratic Party, which asked the Cabinet to respond to six questions related to CBDCs in July 2019. In the document, dated Aug. 16, the Cabinet answered all questions by the group, citing major reports and surveys in the space, including a January report by…

Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App

boss

On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading.  Open an account directly from within the app in minutes The onboarding process for new customers has been directly integrated into the app. It uses a video identification feature, with which residents throughout the European Economic Area can verify and open an account within minutes. Bitwala CTO, Benjamin James…

Samsung Integrates Bitcoin to its Blockchain Wallet

boss

Samsung has officially integrated bitcoin (BTC) functionality to its S10 models, according to news published by Decenter on August 29. At the moment the features are available only in a few countries. Bitcoin for Samsung South Korean multinational conglomerate Samsung, has finally integrated Bitcoin to its Blockchain Keystore Software Development Kit (SDK) confirming that the feature will be added also to its newest Galaxy Note 10. The news was initially released on August 14t, through the “Samsung Developers” channel along with confirmation of support for Kakao’s Klaytn, the blockchain platform of…

Kleiman Files — Craig Wright Controversy Gets Complicated

boss

With each passing day, Craig S. Wright’s reputation continues to take a bigger beating. This time around, a Florida court has found the self-proclaimed inventor of Bitcoin (BTC) to be guilty of not only submitting false documents as part of an earlier testimony but also lying about a legal dispute (related to the estate of his former partner, David Kleiman) to the United States justice system.  The presiding judge, Bruce Reinhart, concluded the latest hearing by ordering Wright to surrender more than $4 billion worth of cryptocurrency in favor of…

As Bitcoin Price Breaks Its Crucial Support of $10K, Where Could It Go Now?

boss

Bitcoin price surprises the market by slipping below $10K levels on August 28. Crytpo analysts trace Bitcoin whales moving massive BTC tokens ahead this week. On Wednesday, August 28, Bitcoin price showed a sudden downward movement crashing below $10,000 levels in just a few minutes. The BTC movement surely took the crypto investors by surprise as no one could state the real reason behind this sharp fall. On Thursday, Bitcoin continued its downward movement by momentarily slipping below $9500. However, the price managed to make a quick recovery and is…

Samsung Galaxy S10 Now Supports Stablecoins: TrueUSD, Maker, USD Coin

boss

Following integration with major cryptos, South Korean tech giant Samsung expands the coins supported by the Galaxy S10 device with three stablecoins. According to a U.today report on Aug. 30, Samsung’s new flagship smartphone now supports three stablecoins, including TrueUSD (TUSD), Maker (MKR) and USD Coin (USDC). 33 cryptos totally supported Additionally, Samsung Galaxy S10 now reportedly supports Basic Attention Token (BAT), a native token by blockchain-based internet browser Brave that is used to reward users for watching ads. The report notes that the digital wallet on Samsung’s new phone…

Super-Rich Indians Choose Bitcoin Over Altcoins for Investment: Poll

boss

High net-worth individuals (HNIs) in India are more likely to invest in Bitcoin than other cryptocurrencies, according to a new Huru India survey, FinancialExpress reported on Aug. 30. Digital currencies were the fourth most preferred asset overall, although almost half of the respondents didn’t know what cryptocurrencies are. One tenth of wealthy Indians plan to invest in crypto Of the Indian HNIs surveyed, around 10% said that they intended to invest in cryptocurrency over the next three years. This made digital currency the fourth most favored asset class. Real estate…

Bitcoin SV Leads Intraday Recovery Despite Craig Wright’s Billions Blow

boss

Bitcoin SV is up over 5 percent on Friday’s trading, leading a stuttering crypto market recovery. | Source: Shutterstock Bitcoin SV (BSV) is delivering better returns than rival assets this Friday even after its founder Craig Wright’s embarrassing loss in a recent courtroom battle. As of 11:00 GMT, the BSV-to-dollar exchange rate was trading more than 4 percent higher on a 24-hour adjusted timeframe, according to data fetched by CoinMarketCap.com. In comparison, benchmark cryptocurrency bitcoin surged by a dwarfed 1.14 percent, while gains of Ethereum, Binance Coin, and Bitcoin Cash…

Bitcoin SV Leads Intraday Recovery Despite Craig Wright’s Billions Blow

boss

Bitcoin SV is up over 5 percent on Friday’s trading, leading a stuttering crypto market recovery. | Source: Shutterstock Bitcoin SV (BSV) is delivering better returns than rival assets this Friday even after its founder Craig Wright’s embarrassing loss in a recent courtroom battle. As of 11:00 GMT, the BSV-to-dollar exchange rate was trading more than 4 percent higher on a 24-hour adjusted timeframe, according to data fetched by CoinMarketCap.com. In comparison, benchmark cryptocurrency bitcoin surged by a dwarfed 1.14 percent, while gains of Ethereum, Binance Coin, and Bitcoin Cash…

Check Out the New Featured Tokens on Bitcoin.com’s Markets Page

boss

Markets.Bitcoin.com has just launched a Featured Tokens page, allowing coin creators with unique tokens to apply for a listing through a simple review process. Each token listed on Bitcoin.com’s upcoming exchange, launching Sep. 2, will also be listed at markets.Bitcoin.com, providing great exposure and detailed data for projects making a splash in the BCH community and elsewhere. Also Read: PR: Australian Bitcoin Cash Conference Brings Cryptocurrency Leaders to Townsville Featured Tokens Galore Featured Tokens is a new section of markets.Bitcoin.com, displaying BCH-friendly tokens with unique selling points and offerings, vibrant…