Crypto News

Doubly Partners with an Insurer to Better Its Financial Standing

London, United Kingdom, February 16, 2019. – Doubly, a cryptocurrency trading platform that leverages on the advantages of Artificial Intelligence (AI) has agreed with a renowned financial insurer to help it manage its liquidity. The deal between the crypto trading platform and Financial Global Insurance Solution Limited (FGI) will help Doubly give its customers a […]

Crypto News

Apple ‘Project Titan’ Could Mean an Electric Van, Not a Multi-Billion Acquisition of Tesla

Forget plunking down tens of billions of dollars to acquire Tesla, Apple’s rumor mill is churning out gossip that the iPhone maker plans to debut its own electric van. This latest rumor was kicked off by a German business publication this week. It’s just the latest of a string of ways that observers have said Apple […]

Crypto News

CasperLabs Nabs Ethereum Developer Vlad Zamfir

CasperLabs announced that Ethereum developer Vlad Zamfir, the creator of CBC Casper, will be coming on as their lead architect. CasperLabs is working on a proof-of-stake blockchain. They don’t have much else about them out there; their website is still in landing page mode. Zamfir is the authority on CBC Casper. CBC stands for “correct-by-construction.” […]

Crypto News

Old Meets Young: Pension Funds and Crypto Investment

Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. _______ To the fanfare of vindication, the news dropped last week that two public pension […]

Crypto News

Stamps.com Shares Plummet Over 50% after ‘Exclusivity’ Break Up With USPS

Shares of online mail-supplies firm Stamps.com plunged by over 50% in pre-market trading on Friday after the company disclosed during the fourth quarter and full-year 2018 earnings call that it will not renew its exclusive agreement with the U.S. Postal Service (USPS). Per Stamps.com’s CEO, Kenneth McBride, prevailing shipping trends have made it necessary to […]

Crypto News

Fidelity Becomes First Financial Institution to Take Bitcoin Lightning ‘Torch’

Fidelity Digital, the digital assets arm of Fidelity Investments, has become the first financial institution to receive the so-called bitcoin payments ‘torch’ that is being relayed from user to user around the globe via Bitcoin’s Lightning network.  Fidelity Becomes First Bank to Take the #LNTorch With more than 27 million customers, Fidelity manages $7.2 trillion dollars in […]

Crypto News

Thailand Greenlights Security Token Offerings (STOs)

Thailand is set to legalize the issuance of tokenized securities using blockchain technology with a recent amendment to the Securities and Exchange Act. Thailand to Greenlight STOs Thailand’s National Legislative Assembly has reportedly approved an amendment to the existing Securities and Exchange Act on February 8th, according to the Bangkok Post. The amended act is […]

Crypto News

Adviser: Pot Stocks Will Mimic Crypto Boom

Wealth manager Carol Pepper says cannabis stocks are the next “huge growth area” in alternative investing. With an actual physical product, pot stocks could soar like Bitcoin in 2017, but unlike the cryptocurrency, they won’t follow that boom with a bust. Pot Stocks Earn Bump from Legalization Progress Recreational cannabis was legalized in Canada on […]

Crypto News

Ethereum (ETH) Long Positions Skyrocket as Constantinople Nears, But Analysts Expect Post-Fork Plummet

Over the past month Ethereum (ETH) has seen some overwhelmingly positive price action, surging from lows of $104 to highs of over $150. Part of this price surge may be due to its upcoming Constantinople hard fork, which will offer the crypto multiple enhancements and will reduce its future inflation rates, which will likely be […]

Crypto News

Scammers Net Over $300,000 in Bitcoin “Sextortion” Attack

According to research conducted by UK cyber crime investigation firm Digital Shadows and reported in The Next Web, cyber criminals have managed to generate around $332,000 in Bitcoin from an email-based blackmail scam. These funds were sent from over 3,100 unique Bitcoin addresses. The scam was first reported in 2017. However, the popularity of the […]

Crypto News

A British Auction House is Selling $400,000 in Seized Crypto for Belgium

Wilsons Auction House in the UK will be hosting a cryptocurrency auction for roughly 315 coins. The coins are spread across Bitcoin, Bitcoin Gold, and Bitcoin Cash. A full day long, the auction will begin on February 28. Originally seized by Belgian authorities, the coins were related to a dark web market. They have an […]

Crypto News

CasperLabs Is Building a PoS Blockchain With Help from Ethereum’s Vlad Zamfir

A new startup called CasperLabs has launched with the aim of building a new blockchain based on a version of proof-of-stake (PoS), the experimental consensus protocol most associated with ethereum. Ethereum Foundation researcher Vlad Zamfir will serve as lead consensus protocol architect of the company, confirming earlier reports of his association with the startup. Going […]

Crypto News

Parity Developer Quits Ethereum Projects Amid Outrage Sparked by Recent Tweet

Afri Schoeden, release manager at blockchain infrastructure firm Parity Technologies, has quit all Ethereum projects after a controversial tweet that sparked outrage on social media. Schoeden spoke to blockchain media BreakerMag on Thursday, Feb. 21. In his tweet, Schoeden reportedly criticized Serenity, also known as “Ethereum 2.0” — a final upgrade for the Ethereum network […]

Crypto News

Top-3 Mining Rig Maker Ebang Eyes Market Turnaround in 2019

Ebang, the third largest mining equipment producer, plans to make at least 400,000 of its Ebit mining rigs in 2019. The company commands a 9.2% share of the global mining hardware market, lying behind only Bitmain and Canaan. Ebang Expects to Sell 400K Units in 2019 The latest company reports show sales of almost 159k units in […]

Crypto News

Analyst Claims Bitcoin Must Break Above $4,000 Or BTC Will Face Strong Rejection

Bitcoin is once again beginning to creep towards its strong resistance level at $4,000 following a relatively involatile trading session over the past couple of days. Although BTC has seen some incredibly bullish momentum over the past few weeks and has firmly established the low-$3,000 region as a strong level of support, its upwards ascent […]

Crypto News

Reagan’s Top Economist Warns Investors Should Flee Stock Market

David Stockman, who served as the late US President Ronald Reagan’s top economic adviser, says a day of reckoning has arrived for the stock market. Stockman believes a recession is imminent and that a “bad situation” waits on Wall Street’s horizon. He warns investors to exit the stock and bond markets in a recent interview […]

Crypto News

$12 Billion University of Michigan Might Ramp up its Crypto Investments

Institutional investors are finally wading into crypto. Want proof? The University of Michigan’s $12 billion endowment said it could increase its investment in a crypto-network technology fund managed by American venture-capital firm Andreessen Horowitz. Financial terms weren’t disclosed, but the latest cash infusion into Andreessen’s CNK Fund would add to the $3 million the university invested […]

Crypto News

Dow Secures 9-Week Winning Streak, Roars Past 26,000

The Dow Jones Industrial Average rallied on Friday to rescue its nine-week winning streak, and the US stock market bellwether further crossed another milestone by edging across the 26,000 mark minutes prior to the closing bell. Dow Creeps Higher for Ninth Consecutive Week The Dow Jones Industrial Average has climbed for nine consecutive weeks. The […]

Crypto News

Bitcoin Volatility Uncharacteristically Low: What’s Causing the Lack of Excitement?

The Bitcoin price has become relatively stable over the last few weeks. In fact, according to Buy Bitcoin Worldwide, the 30-day volatility index for BTC is now at 2.55% — the lowest since July. What does this drop in volatility mean for Bitcoin? Could it serve as a driver for further merchant adoption or is […]

Crypto News

Stanford Researchers Develop Privacy Mechanism for Ethereum Smart Contract

Researchers from the Stanford University and Visa Research have developed a privacy mechanism for Ethereum (ETH) smart contracts. A paper describing the mechanism was published on Stanford University’s Applied Cryptography Group website on Feb. 20. According to the paper, the researchers created “a fully-decentralized, confidential payment mechanism” called “Zether” that is consistent with both Ethereum […]