Day: October 24, 2019

Crypto Exchange Kraken Announces That WebSockets Private API is Live

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Major cryptocurrency exchange Kraken made its WebSockets private Application Program Interface (API) available for all Kraken clients. On Oct. 24, Kraken reported on its blog that the first two messages of the private API have gone live to all of its clients after being in beta mode since the beginning of October. The new functionalities The crypto exchange advertises WebSockets as providing a faster, more efficient interface for those clients who build software applications for trading and accessing Kraken’s market data. In order for Kraken clients to subscribe to a WebSocket…

Number of Americans Owning Crypto Doubled in 2019: Finder

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The number of Americans who own cryptocurrencies has almost doubled in 2019, from 7.95% in 2018 to 14.4%, according to a new survey by Finder. 36.5 million Americans own crypto Finder, an Australia-based financial services firm, has surveyed 2,068 Americans to figure out that 36.5 million people in the United States own some form of crypto to date. Titled “A rising number of Americans own crypto,” the survey was released on Oct. 14, as Finder tweeted. Average $5,447 holdings versus $360 median amount According to the survey, the average amount…

Now Is A Great Time To Visit Cointelegraph’s Unblocked Facebook Page

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After being banned for more than a month, Cointelegraph is once again accessible via Facebook. There were more questions than answers when the block took effect on September 18. Facebook has a hardline anti-crypto policy when it comes to paid advertisements, but ours was a community page for distributing reported news, boasting more than 700,000 likes. It’s not clear what happened to initiate the block. Facebook’s policy for pages of this kind revolve around prohibiting “misleading, fraudulent or deceptive” information, and they “must not facilitate or promote online gambling, online…

CEO Jack Dorsey On Twitter Joining Libra: “Hell No”

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Jack Dorsey, CEO of Twitter and Square, made it crystal clear that Twitter will never join Facebook’s Libra project. “Nothing within Libra had to be a cryptocurrency” On Oct. 24, per a Twitter thread by Hollywood Reporter editor Alex Weprin, who was covering an event at Twitter’s New York office, Jack Dorsey made it abundantly clear that Twitter will stay a million miles away from Facebook’s plans to launch its Libra stablecoin in 2020. The Twitter CEO reportedly gave a straightforward answer to the question if Twitter would ever consider…

Telegram Investors Stick With TON Plans Despite SEC Injuction

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Telegram investors have turned down the offer of a refund on their investment in the TON ICO despite an injunction by the SEC delaying the launch of the network. Telegram, which is an important part of the crypto ecosystem due to its encrypted communication abilities, has been embroiled in a dispute with the US Securities and Exchange Commission, which argues that its planned blockchain, Telegram Open Network (TON), is a security, meaning the ICO was actually illegal. The commission issued an injunction last week preventing the company from launching TON…

Crypto Exchange Binance.US Expands Support for Dogecoin

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The United States-based branch of major crypto exchange Binance, Binance.US, will add support for Dogecoin (DOGE), according to a blog post published on Oct. 24. Binance.US’s users will be able to trade the DOGE/USDT pair from 09:00 p.m. EST on Oct. 24, while they can already start depositing the coin in advance of trading. Withdrawals will become available following the trading launch. Binance.US gradually expands its offerings Binance.US launched on Sept. 24, initially offering trading for fiat-to-crypto and crypto-to-crypto trading pairs. The trading pairs included major digital currencies such as…

Investors Reject Refund Amid SEC Hearing Delay

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Telegram’s ongoing saga with the U.S. Securities and Exchange Commission isn’t ending anytime soon. After the regulatory body swooped in with a last minute restraining order, Telegram has been embroiled in an increasingly strenuous legal battle to get the Telegram Online Network (TON) over the line. The blistering pace at which the latest developments have occured shows no sign of slowing, with the court hearing pushed back to February 2020 and investors voting against a refund of up to 77% of their initial investment.  Since the hammer of the SEC…

Why Bitcoin Price May Dump After 2020 Halving

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Bitcoin’s (BTC) upcoming 2020 halving event has already posted numerous anticipatory headlines as the market waits to see how crypto’s flagship asset will react regarding its price. Additionally, speculators have filled Twitter, commenting that Bitcoin should see a jump in price, as has statedly been the case in the past.  In contrast, some of Bitcoin’s charts show that the asset could possibly dump in the days following the halving, although, historically, all-time highs have followed halving events in the long term.    Based on Bitcoin’s programming and mining, the digital asset…

After 6 Hours of Zuckerberg Testimony, Congress Still Hates Libra

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Yesterday, Oct. 23, Cointelegraph reported from the United States House of Representatives as the Financial Services Committee questioned Facebook CEO Mark Zuckerberg for over six hours. While focused on the Libra Association and its planned Libra token, the hearing expanded to touch on a wide range of concerns and controversies surrounding Facebook.  The hearing was often contentious, with several members of Congress using their allotted five minutes of questioning to rail against Zuckerberg rather than ask him a single question. As Congressman Warren Davidson wryly commented to Cointelegraph, “I don’t…

US CFTC Turns Its Fintech Lab Into an Independent Office in D.C.

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The United States Commodity Futures Trading Commission (CFTC) gives its fintech research unit LabCFTC status as an independent operating office. Blockchain and digital assets are an important part of development Established by the CFTC in 2017 with the goal of engaging with the fintech community, LabCFTC will now be reporting directly to the authority’s chairman Heath Tarbert. He announced the news at the CFTC’s annual conference Fintech Forward on Oct. 24. In the announcement, Tarbert noted that engagement with blockchain and digital assets are part of LabCFTC’s commitment to representing…