Canada’s first regulated crypto exchange Wealthsimple Crypto goes live

Wealthsimple Crypto, the first regulated cryptocurrency exchange in Canada, is rolling out its trading platform to the public today. Starting from Sept. 22, users in all 13 provinces and territories in Canada will be able to sign up for the new product and start trading cryptocurrencies. At the launch, Wealthsimple Crypto will allow users to buy and sell Bitcoin (BTC) and Ether (ETH) through the platform’s mobile app. Deposits and withdrawals can only be made in Canadian dollars, The public launch of Wealthsimple Crypto comes shortly after the company received…

Zcash’s Funding Vote and the Problems With Decentralized Governance

The zcash community has agreed to continue funding the development of its privacy coin, ZEC, as spearheaded by the Electric Coin Company (ECC) and the Zcash Foundation, according to voting results published by the foundation Thursday. The decision marks the end of a months-long – and often contentious – campaign to address imminent funding losses for both organizations. For the ECC and Zcash Foundation to continue developing zcash, particularly as its use case faces increased scrutiny from international regulators grappling with the implications of privacy coins, the funding is a…

Stacking Fasts: Inside the Crypto Community’s New Diet Craze

It’s been 27 hours since my last meal and my body is starting to eat itself. Autophagy, literally self-eating, is the latest dietary trend in the crypto community. More commonly known as fasting, the idea is to abstain from ingesting food for a set amount of time, ranging anywhere from 24 hours to an entire month or beyond. In doing so, proponents hope to improve their bodily health and mental acuity.  With nine hours left to my own exercise in self-starvation, I feel neither healthy nor sharp. In fact, I’m…

Scotland’s Bitcoiners Share Canny Tales of ‘Buying the Dip’

This reporter attended his first bitcoin meetup in sunny Scotland on Thursday. It took place in the Bayes Centre – Edinburgh University’s snazzy artificial intelligence and data science hub. It also happens to be the spot where IOHK, the creators of the Cardano cryptocurrency, helped establish a Blockchain Technology Laboratory.  The topic of the meetup, “Bitcoin, Wealth and Wisdom,” afforded a forensic examination of the largest cryptocurrency’s rollercoaster cycle of price bubbles and corrections with plenty of examples of the emotional trauma that accompanied the ride. But what appeared, prima…

Google Reinstates Bitcoin Rewards Game Suspended for ‘Deceptive Practices’

Bitcoin Blast, a mobile game that gives users small amounts of bitcoin for playing, has been reinstated to the Google Play store. The game was yanked from the app distribution venue last week with little explanation, said Amy Wan, CEO of Bling, the company behind the app. Google reinstated the game on Jan. 30, shortly after the GooglePlayDev Twitter account reached out to Bling. This happened after Bling conducted its own Twitter campaign, Wan said. Google did not provide any further clarity around why the game was originally pulled. The…

Seychelles’ Stock Exchange Will List Ethereum Tokens Representing Supercars

Hankering for a Ferrari? Well, the only licensed stock exchange in Seychelles, an island nation in the Indian Ocean, is listing tokenized collectible cars worth over $200 million for retail and institutional investors. MERJ said Friday it is partnering with CurioInvest, a tokenization platform building on ethereum, to create tokens representing shares in “supercars” like the Ferrari.  While the sale is open to institutional and retail investors, purchases are expected to be driven by institutional investors and those from regions with restrictions on auto imports, such as China.  A $1.1…

The Founders of Synthetix and Chainlink on DeFi, Derivatives and 25 New Decentralized Price Feeds

Yesterday Chainlink released price reference data for 25 of its decentralized oracle networks which, together, power more than $100m in DeFi. On this special interview episode, @nlw talks with Sergey Nazarov and Kain Warwick, the founders of Chainlink and Synthetix respectively about:  Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source

Listen to Elon Musk’s Latest EDM Beats on the CoinDesk Crypto Roundup

We’ve got the “hawt” new single from Tesla CEO Elon Musk and, as bitcoin ends its best January ever, traders eye a price move above the psychological level of $10,000. Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source

Ethereum Miners’ ETH Holdings Near Record Highs

Ethereum miners are hoarding ether tokens, and this could indicate high confidence in the project.  The number of ether tokens held by all ETH mining pools is back near its  all-time-high of 1.69 million ETH set in October, according to crypto market data platform Santiment. The rise from November’s low of 1.64 million has happened in a stable and undisrupted manner.  “The steady accumulation suggests high confidence levels in the project among the majority block creators, at the very least relative to the current market conditions,” Santiment’s founder Maksim Balashevich wrote…

Financial Firm SBI Holdings to Offer XRP Cryptocurrency as Shareholders’ Benefit

Japan’s crypto-friendly financial services company SBI Holdings is to give shareholders the option to receive the XRP cryptocurrency as a benefit. SBI announced on Friday that shareholders could either take the benefit in XRP or another product offered by its health food and cosmetics subsidiary SBI Alapromo. Under the scheme, newer shareholders on the company’s registry as of the starting date of March 31 can accept XRP to the value of 2,000 yen (around $18), while those who’ve been shareholders for over a year will receive 8,000 yen ($73.50) in…