Day: September 20, 2019

Upbit Exchange Delists Privacy Coins Due to Money Laundering Concerns

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South Korean cryptocurrency exchange Upbit announced that it will cease trading support for six cryptocurrencies, including some so-called privacy coins. Block the possibility of money laundering In a Sept. 20 notice, UpBit announced that the exchange will delist and cease trading support for Monero (XMR), DASH, ZCash (ZEC), Haven (XHV), BitTube (TUBE) and PIVX by Sept. 30. The exchange added that it will no longer support deposits in these cryptocurrencies and will cancel orders requested before the end of the transaction support in Korean won, Bitcoin (BTC), Ether (ETH) and…

Former Iced Tea-Turned-Blockchain Company Sells Beverage Subsidiary

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Long Blockchain Corp., previously named Long Island Iced Tea, has reached a definitive agreement to sell its beverage subsidiary, Long Island Brand Beverages. Lemonade company adds blockchain to its name In a Sept. 20 press release, Long Blockchain announced the sale of its beverage subsidiary to Canadian firm ECC2 Ventures.  Andy Shape, CEO of Long Blockchain stated that this transaction will allow the company to concentrate its efforts on the underlying loyalty operating business, adding:  “Our loyalty platform has experienced strong growth over the past year with new and existing…

Analyst Predicts Bakkt Will Build Trust in Crypto Markets

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Prominent analyst Tom Lee believes the launch of Bakkt will help build trust towards crypto trading among institutional investors. Lee, a renowned Bitcoin bull and co-founder of the research firm Fundstrat, tweeted his enthusiasm for the long-awaited crypto services platform: “I am very positive on @Bakkt and its ability to improve trust with institutions to crypto.” Bakkt is owned by the Intercontinental Exchange (ICE) and goes live on September 23, having already launched its crypto warehouse service, which saw over $1 billion USD worth of Bitcoin deposited in one day. Many involved parties…

These are the 17 Crypto Assets, Telegram Included, Coinbase Wants to List

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About 17 new crypto assets could soon be listed on Coinbase depending on how the technical and compliance review goes. Among the cryptocurrencies that Coinbase is considering for listing include coins that are yet to launch such as Gram that is fronted by messaging platform Telegram and Chia which was founded by the creator of torrent client BitTorrent, Bram Cohen. The other coins are Avalanche, Celo, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid, Polkadot, Solana and Spacemesh. Crypto assets Coinbase is considering listing. The listing of the…

These are the 17 Crypto Assets, Telegram Included, Coinbase Wants to List – CCN.com

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About 17 new crypto assets could soon be listed on Coinbase depending on how the technical and compliance review goes. Among the cryptocurrencies that Coinbase is considering for listing include coins that are yet to launch such as Gram that is fronted by messaging platform Telegram and Chia which was founded by the creator of torrent client BitTorrent, Bram Cohen. The other coins are Avalanche, Celo, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid, Polkadot, Solana and Spacemesh. Crypto assets Coinbase is considering listing. The listing of the…

BitMEX CEO Arthur Hayes Says Traders Could Lose Weekends, Lunch Breaks

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BitMEX CEO and co-founder Arthur Hayes says traditional traders may lose their lunch breaks and weekends as digital finance is going to change everything, including workplaces. Cryptocurrencies trade 24 hours a day, seven days a week In a Sept. 19 article by Bloomberg, Hayes noted that cryptocurrencies trade 24 hours a day, seven days a week, and that this will end up affecting “everything from traditional equities, bonds and currency trading, to the way payments are processed and recorded.” The CEO of BitMex made his remarks at the Milken Institute…

Cryptocurrency Exchange Seed CX Cuts Trading Fees to Gain Market Share

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Institution-oriented cryptocurrency exchange Seed CX has cut its trading fees to what it claims to be the most competitive levels globally. Competition heats up in crypto trading space On Sept 16, the Chicago-based crypto exchange Seed CX announced that it was lowering its trading fees to some of the lowest levels in the industry. The fee cuts follow a week of purported record trading volumes for the exchange, briefly overtaking other top exchanges like Bittrex and the Winklevoss brothers’ Gemini.  Seed CX co-founder and CEO Edward Woodford said that thanks…

Got ID? New Projects Explore Blockchain Identity Systems

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The rapid onset of technological advancement is not evenly spread. Society is increasingly becoming digitally literate and uses emerging technology for work, to communicate and pay for things in ways unimaginable just 15 years ago. So, why are methods of governance largely unchanged since the invention of liberal democracy hundreds of years ago?  Although many aspects of government remain entrenched in the past, one area is being brought into the 21st century: identity. With fears regarding third-party data abuse, citizens are more concerned than ever about how this affects their…

Esports, Cannabis and BCH: First AMA With Bitcoin.com CEO Stefan Rust

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Stefan Rust, the new CEO of Bitcoin.com, sat down to answer all your questions about his work and how furthering Bitcoin Cash adoption advances economic freedom to the world. During the hour-long AMA he talked about a wide range of topics, such as how bitcoin cash (BCH) can reach new audiences in fields such as esports and the cannabis market. Also Read: Bitcoin Cash Futures Expected to Open up US Market by Q1 2020 Bitcoin.com CEO Hosts AMA Ask me anything (AMA) sessions are a great way to learn about…

SEC Chairman Believes Bitcoin Needs Further Regulation for Major Public Exchange Listing

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According to a press release dated September 19, 2019, published on Nasdaq.com, U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton believes bitcoin needs further regulatory infrastructure before being listed on major exchanges. Sec Addresses Bitcoin Regulatory Weaknesses A few days after having brought to the court ICOBox, SEC comes back talking about cryptocurrencies, and in particular bitcoin. During the CNBC Delivering Alpha conference, Jay Clayton, Chairman of the SEC, spoke about bitcoin and its lack of sufficient regulatory infrastructure. According to him, bitcoin will need stronger regulations before being…