Day: September 22, 2019

Kraken and Coinbase Among the Cleanest Crypto Exchanges: BTI Report

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The Blockchain Transparency Institute (BTI) has released its latest market surveillance report which states that Kraken and Coinbase are among the cleanest cryptocurrency exchanges in the industry. BTI cleans wash trading from exchanges’ volumes On Sept. 19, the Blockchain Transparency Institute published its 5th market surveillance report that verifies reporting of cryptocurrency exchange volumes. The BTI has been publishing reports since August 2018, and through its proprietary algorithm, BTI cleans all wash trading from exchanges’ volumes. The report states: “Since the start of 2019, global wash trading has reduced by…

Top-20 Cryptos See Major Losses, but Bitcoin Is Up

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Sunday, Sept. 22 — crypto markets are seeing a wave of red amid the approaching launch of Bakkt’s physically delivered Bitcoin (BTC) futures on Monday. Bitcoin is the only cryptocurrency out of the top 20 that is attempting to gain momentum today, while the rest are seeing major losses, with some dropping over 7% in the 24 hours prior to press time. Market visualization. Source: Coin360 Bitcoin has continued to hover around the $10,000 threshold throughout the day. At press time, Bitcoin is up around 0.6% and is trading at…

Facebook Buys Chatbot Startup Servicefriend to Integrate Into Calibra

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Facebook has acquired the artificial intelligence-based chat-bot startup Servicefriend for customer service for Calibra, the digital wallet for Facebook’s planned Libra cryptocurrency. AI chatbots for Calibra’s customer service A Sept. 19 article by Israeli business newspaper the Marker reported that Facebook has acquired startup Servicefriends in order to build a messaging bot for customer service for Calibra. Announcing Libra and Calibra, Facebook said that it wanted to reach unbanked consumers and give them access to financial services and to make Calibra available through a specially created app and via its…

Altcoins Soar, Zuckerberg Turns on Charm, North Korea’s Coin: Hodler’s Digest, Sept. 16–22

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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Altcoins continue explosive bull run while Bitcoin stalls Not too long ago, Bitcoin (BTC) diehards were warning that altcoins are dead. “The altcoin phenomenon is finished,” RT host Max Keiser said in July. But, based on this week’s performance, the rumors of their death may…

Crypto News From the German-Speaking World: Sept. 16–22 in Review

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The German-speaking world saw a number of crypto and blockchain events this week, with the German Federal Government releasing its blockchain strategy and local companies and associations launching new industry initiatives. Here is the past week of German crypto and blockchain news in review, as originally reported by Cointelegraph and Cointelegraph auf Deutsch. New DLT public offering is approved by Liechtenstein On Sept. 16, German crypto investment startup Neufund rolled out its blockchain-based public offering platform, following clearance from the Financial Monetary Authority in Liechtenstein. As part of the first…

Do Crypto Payment Restrictions Undermine Blockchain’s Core Values?

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The power of cryptocurrency payment service providers is under the spotlight after a $100,000 donation to an Amazon rainforest charity was blocked last month. American cryptocurrency payment service provider BitPay reportedly blocked a Bitcoin payment from charity organization Amazon Watch because it had failed the internal processes of the payment platform. It is understood that the charity’s pay limit was set below $100,000 before BitPay advised its staff to change it. The process then came to a halt, as the limit could not be changed automatically without separate documentation. This…

Top-5 Crypto Performers: XLM, MIOTA, ETH,TRX, XRP

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Bakkt Daily and Monthly Bitcoin Futures will launch on Sept. 22 at 8 p.m. EDT. This is likely to increase volatility in Bitcoin, which has been stuck in a tight range for the past few weeks. Expectations are that Bitcoin-settled contracts and the backing of the New York Stock Exchange will attract institutional players, who have largely stayed away from making big investments in cryptocurrencies. How much of this plays out remains to be seen. BitMEX CEO and co-founder Arthur Hayes says that 24 hours a day, seven days a…

OCBC Becomes First Singaporean Bank to Join JPMorgan’s IIN Blockchain Network

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Oversea-Chinese Banking Corporation (OCBC), the second-largest bank in South East Asia by assets, has become the first top tier bank of Singapore to join JPMorgan’s Interbank Information Network (IIN), JPMorgan’s live blockchain service specifically developed for cross-border transactions. According to the Business Times Singapore, there are plenty of banks from the Asia-Pacific that have already signed up for the IIN, and Singapore’s OCBC is going to be one of them. The majority of these banks are either small tier or medium tier regional banks. The total number of Asia-Pacific banks…

How Tokenization Is Transforming Film Financing, Wesley Snipes’ Fund

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As the world of finance continues adapting to contemporary innovations, it almost cannot help but drag other industries along for the ride — willingly or otherwise. Film is one such sector currently undergoing a quiet revolt, concocting a radical subversion to traditional models of financing. This is partly due to the emergence of distributed technologies such as blockchain, and it has led to a new concept: the tokenization of everything.  In its purest form, tokenization is the act of adding liquidity to real-world assets. A good — if not exact…

SEC Chairman: Investors Should Be Wary of Bitcoin Until It’s Better Regulated

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Jay Clayton, Chairman of Securities and Exchange Commission (SEC), says that investors should be cautious about trading Bitcoin(BTC)trade on a large scale. On Thursday, he asserted that until Bitcoin is regulated and monitored, it should not be traded on a major exchange. The current market capitalization of the largest digital currency has reached total value of over $177 billion and continues to grow as a more mainstream business. The cryptocurrency industry is planning to introduce more exchange-traded funds that would benefit investors and retail professionals to transition easily into the…