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Showing posts from January, 2019

Coincheck Registers 1.7M New Users Since Resuming Operations Last October

Coincheck has reported 1.73 million downloads of its mobile app since the Japanese cryptocurrency exchange resumed new account signups, withdrawals, deposits and limited trading in October. By the end of December, more than 900,000 of the new users had gone on to confirm their identities, in what looks like a remarkable comeback for an exchange that holds the dubious record of having suffered the worst hack in the short history of cryptocurrency. Also read:  Genesis Capital Processed $1.1B of Cryptocurrency Loans in 2018 Trading Volume Rises as More Customers Sign Up About $534 million worth of the NEM cryptocurrency was stolen from Coincheck in January 2018. The money was never recovered and operations were subsequently halted. Since then, the trading platform has been trying to reinvent itself through refunding victims of the hack, improving security systems, as well as regularizing its operations with Japan’s financial regulator. Coincheck completed its registration as a cryptoc
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BCH Community Responds to Allegations of Faked Coinbase Video

The BTC community recently accused Coinbase of editing a video to make zero-conf BCH payments appear quicker than they actually are. In response, Bitcoin Cash supporters have provided pictorial evidence that the video was not faked. They then went on to discuss ways in which replace-by-fee has altered the reliability of 0-conf on BTC.  Also read: Coinbase Suspends Ethereum Classic Following 51 Percent Attack BTC Community Angered by Coinbase Video Recently, Coinbase CEO Brian Armstrong tweeted a video of a popup donut shop at Coinbase that accepted cryptocurrency for payments. The 15-second video showed a person paying for the donuts with a 0-conf BCH transaction that took a mere three seconds to be received on a tablet. Popup donut shop accepting crypto at @coinbase today. Doing more user testing important to improve usability. pic.twitter.com/G6QH2vjWVL — Brian Armstrong (@brian_armstrong) January 26, 2019 Bitcoin Core (BTC) maximalist Whalepanda and cryptography consult
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Crypto Startups Push Swiss VC Investments to a Record $1.25B

Startups based in Switzerland have attracted a record amount of venture capital in 2018 and companies from the cryptocurrency industry have contributed to the notable increase. Zug, which is home to the country’s Crypto Valley, is among the cantons with the highest growth in investment volume, a new report reveals.   Also read: Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests VC Record Driven by ICT Including Crypto Sector Swiss startups received almost 1.24 billion francs (close to $1.25 billion) of venture capital during 2018, nearly 32 percent more than the previous year. At the same time, the number of financing rounds has also increased by over 31 percent to 230. The figures come from this year’s edition of the Swiss Venture Capital Report released by the news outlet Startupticker.ch and the Swiss Private Equity and Corporate Finance Association (SECA). The study covers venture capital investments of at least 100,000 Swiss francs. According to the authors, the g
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January Markets Report: MKR, TRX and ZEC Among Top 10 by Volume

The first month of 2019 has seen a slight decline in 30-day trading volume across many leading markets. Bucking the trend, however, were ETH, LTC, MKR, TRX, and ZEC, all of which saw a significant spike in trade activity. Stablecoins have continued to see an increase in trade activity, with ckusd and the Gemini dollar posting significant gains in month-over-month volume also. Also Read:  European P2P Trade Posts Strongest Activity Since March 2018 ETH Sees 14% Gain in Monthly Trade Activity BTC posted a 2% drop in 30-day trade volume, with $154.19 billion worth of bitcoin core changing hands during January. USDT trade also fell by approximately 2% this past month, with tether pairings generating $113.17 billion worth of trade during the last 30 days. January posted the second-strongest month of trade for USDT pairings since the first half of 2018. ETH saw among the highest increase in monthly trade volume of the top cryptocurrency markets. ETH pairings produced $77.72 billion wo
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PR: Marconi Introduces Developer Testing Network to Secure Complex Cloud Networks

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. San Francisco, California – Marconi , creators of the blockchain-based smart ethernet Marconi Protocol, today announced the launch of its Developer Test Network. Designed to enhance or even replace existing networking infrastructure, Marconi Protocol provides an easy way to build and secure distributed networks and networking applications across regions and environments, whether nodes are running on hardware in a data center, virtual machines or containers. By building on Marconi’s Developer Test Net, network administrators have a sandbox to begin deploying and securing their networks, and developers can begin building their own compelling networking solutions, security applications or even other blockchain protocols. Today’s release of the De
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Understanding Cryptocurrency Options – An Alternative Way to Trade Crypto

Crypto proponents have been excited by the launch of bitcoin futures and options, but many are unfamiliar with the fundamentals. Bitcoin options are a popular way to take advantage of a volatile market by strategically hedging some of the risk. To clear up the jargon associated with   the most common form of derivatives trading, analysts here explain the role played by cryptocurrency options.  Also Read: Options Giant CME Launches Bitcoin Futures — Here’s What to Expect What Are Cryptocurrency Options? In traditional finance ther e are two types of options that can be bought. These are known as a ‘call’ and a ‘put’ option. A call option will give the holder the right to buy an asset at the strike price. A put gives the holder the right to sell an asset at a predetermined price. Alexey Markov, a trader at  United Traders  based in Moscow, Russia, told news.Bitcoin.com that  options are one of the most important tools in traditional markets and widely used for speculation by traders
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European and South American Localbitcoins Markets Show Strength

In recent peer-to-peer (P2P) market action, Latin American Localbitcoins trade has continued to show strength after producing record volume last month. In other news, P2P trade between the euro (EUR) and BTC has posted its strongest volume in 10 months. Also Read:  Wikipedia Now Accepts Bitcoin Cash Donations via Bitpay European P2P Trade Posts Strongest Activity Since March 2018 EUR/BTC trade on Localbitcoins has recorded its strongest week since posting record trade when measured against fiat currency at the end of March 2018. During the week of Jan. 26, approximately 985 BTC were traded for EUR, equating to more than 3.11 million euros (roughly $3.58 million) worth of trade. Hungarian P2P trade also spiked during the week of Jan. 19, producing the fifth strongest week on record when measured in Hungarian forint (HUF), with 5.41 million HUF (roughly $19,750) worth of trade taking place. The week also comprised the strongest for Hungarian P2P trade since July 2017 when measu
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IOTA: Almost All Tokens From $11 Million Hack Have Been Found

Almost all of roughly $11 million-worth of iota tokens alleged to have been stolen by an individual from Oxford, UK, have been found. IOTA co-founder and board co-chairman Dominik Schiener told Reuters that the funds are currently being held as evidence in a police investigation. As reported on Jan. 24, a Europol-coordinated effort involving British and […] from CoinDesk http://bit.ly/2HINZhH
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IOTA: Almost All Tokens From $11 Million Hack Have Been Found

Almost all of roughly $11 million-worth of iota tokens alleged to have been stolen by an individual from Oxford, UK, have been found. IOTA co-founder and board co-chairman Dominik Schiener told Reuters that the funds are currently being held as evidence in a police investigation. As reported on Jan. 24, a Europol-coordinated effort involving British and […] from CoinDesk http://bit.ly/2HINZhH
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Indian Government Invites Law Firm to Present Suggestions for Cryptocurrency Regulation

The Indian government has invited lawyers from Nishith Desai Associates to present their suggestions for the country’s crypto regulation. This is in response to the firm’s submission of a proposed regulatory framework for cryptocurrencies. The suggestions include avoiding prohibition, taking a balanced approach, options for licensing, and self-regulation for the industry. Also read:  Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Suggestions for Crypto Regulation The Indian government invited lawyers from Nishith Desai Associates to present their suggestions for the country’s crypto regulation early this month. The invitation came after the firm submitted a paper with a proposed regulatory framework for cryptocurrencies. Lawyer Jaideep Reddy, one of the three authors of the paper, told news.Bitcoin.com on Monday that “The government is not legally bound to respond to or accept suggestions from the public.” However, he added: Our submission wa
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The Wrapped Bitcoin Project Has Officially Launched on Ethereum

On Jan. 30, a group of cryptocurrency developers and organizations officially launched a project called Wrapped Bitcoin (WBTC) on the Ethereum network. The ERC20 token is a coin backed by bitcoin core (BTC) reserves and has started trading on several exchange platforms. Also read:  A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings The Introduction of Wrapped Bitcoin Last October, a joint initiative by Bitgo, Kyber Network, and Ren (formerly Republic Protocol), revealed the creation of a new ERC20 token called WBTC . The new tokens are meant to bring more liquidity into the decentralized ecosystem between both chains, while also enhancing decentralized applications. Wrapped bitcoin (WBTC) is the first ERC20 token backed 1:1 with BTC. The organizations that developed the protocol believe WBTC is the beginning of a multi-institutional framework for tokenizing any asset. “WBTC will allow the Ethereum network to be leveraged to enable new applications and use cases for
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PR: MoneyToken Is Launching Its Own Exchange – in Collaboration With Huobi Cloud

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. MoneyToken, one of the leading global crypto-lending platforms offering crypto assets-backed loans, has announced the launch of their new MoneyToken Exchange platform in a collaboration with Huobi Cloud. This gives MoneyToken the ability to leverage Huobi’s technical expertise and security know-how, plus gives users access to the liquidity that Huobi Cloud has to offer. The Exchange has been launched at 1:00 PM UTC today, and the team has also announced that a lottery with a 200 ETH prize fund is in the pipeline , as a way to engage and thank all of MoneyToken supporters. MoneyToken is one of 2018-19s top ventures, with a thriving community of more than 50,000 active users and a number of well-known advisors and supporters such as Roger Ver.
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