Monthly Archives: July 2018

Abra Announces New Credit Card Payment Options for Bitcoin Purchases

Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post. Up until today, users who wanted to purchase cryptocurrencies were limited to a few options that included bank deposits and wire transfers. In addition to these, the company also offers a means of buying altcoins using either bitcoin or litecoin for countries where bank wires and deposit options are unavailable. The […]

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Startup of Self-Proclaimed Bitcoin Creator Receives Three Bitcoin Cash-Related Patents

The startup associated with the self-proclaimed inventor of Bitcoin has been granted three blockchain-related patents in the EU. Blockchain startup nChain, associated with a man who once proclaimed himself to be Bitcoin’s (BTC) creator, has been granted three Bitcoin Cash (BCH)-related patents by the European Patent Office (EPO), according to an official statement July 11. The three new patents relate to the development of new methods of digital rights protection using blockchain technology and specify Bitcoin Cash’s blockchain as the standard technology on which transactions are demonstrated. […]

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League of Legends Philippines Removes ‘Cryptojacking’ Code From Its Client

Philippines’ League of Legends has removed crypto-mining malware from its gaming client after an attack that lasted two days. Security engineers of the Philippine community of major multiplayer video game League of Legends (LoL) have removed Coinhive crypto mining code from its Garena client June 11, according to an official statement from the group’s Facebook. On July 9, Monero (XMR) mining malware Coinhive was first detected on the LoL client by a player who posted about the issue on the League of Legends subreddit. According to the […]

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World’s Fourth-Largest Stock Exchange Eyes Blockchain Use in Securities Transactions

Shanghai Stock Exchange, the fourth-largest in the world, is eyeing blockchain for securities trading. The world’s fourth-largest stock exchange released plans to use so-called distributed ledger technology (DLT) in securities transactions July 10. The Shanghai Stock Exchange (SSE), which as of December 2017 had a market cap in excess of $5 tln, said in a report that “most people” consider that blockchain technology can “help improve the transparency of the securities industry.” “Part of the market is now starting to adopt this technology in part, and larger-scale […]

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Crypto Markets Continue to Descend as Governments Globally Clarify Regulations

All of the top 50 coins by market cap are seeing red today, July 12, with Bitcoin falling below the $6,200 price point and total market cap at $245 billion. Crypto markets continue to see red today, July 12, as data from Coin360 shows, with Bitcoin (BTC) falling below the $6,200 price point. All of the top 50 coins by market cap are red on the day to press time. Market visualization from Coin360 The markets have now reversed their weekend upswing, which followed a promising week […]

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Bitcoin Futures Volume Spike As Cboe Awaits ETF Decision

Everyone knows that bitcoin and cryptocurrency prices have been on a steady decline since the last month of 2017. While digital asset spot prices have been quite volatile, bitcoin futures products provided by two of the world’s largest derivatives exchanges, Cboe and CME Group, have seen a steady increase in trade volume and more liquidity within these markets. Furthermore, Cboe is hoping to launch a bitcoin-based exchange-traded-fund (ETF) and the US Securities Exchange Commission will decide on the fate of this new product on August 10. Also […]

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Cryptocurrencies: Ronaldinho Is The Latest To Join The Queue

Another Superstar Cryptocurrency Another famous celebrity is joining in with launching a Cryptocurrency project. This time it is not someone in the music industry but world renowned and very talented Ronaldinho. The amazing Brazilian football star has released news that he indeed will be jumping on the Cryptocurrency bandwagon and will launching the Ronaldinho Soccer Coin (RSC). The launch of this coin is part of a huge football based project not surprisingly. The RSC will be designed on the NEO Blockchain solution. What’s The Project? Ronaldinho is […]

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‘Wikipedia of Structured Data’ Protocol Secures Backing From Pantera, DCG, 25 Others

Plans for a blockchain-powered structured data platform “similar to Wikipedia” have gained investments from Coinbase’s co-founder, Pantera Capital and other big players. Decentralized structured data startup Dirt Protocol has secured investments from major crypto venture players to build a blockchain platform for reliable data, the company announced July 11. Contributors to the funding round included well-known crypto industry names such as Pantera Capital and Barry Silbert’s Digital Currency Group, along with Coinbase co-founder Fred Ehrsam. A total of 15 venture partners and 11 angel investors participated, the […]

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Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire

The self-regulatory inspection of South Korean cryptocurrency exchanges is complete. Fourteen out of 23 exchanges agreed to be inspected. Twelve met the self-regulatory standards despite security flaws, raising questions of how effective the inspection is. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 12 Exchanges Pass Security Checks The Korea Blockchain Association (KBA) held a press conference Wednesday to announce the results of its inspection of cryptocurrency exchanges operating in the country. The Association “gave a nod to the cybersecurity standards of 12 cryptocurrency exchanges,” the Korea […]

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Robinhood’s Zero-Fee Crypto Trading Platform Adds Support for Litecoin, Bitcoin Cash

Robinhood’s crypto trading platform has now added support for two additional cryptocurrencies, Litecoin and Bitcoin Cash. Financial services mobile app Robinhood has added support for Litecoin (LTC) and Bitcoin Cash (BCH) on its Robinhood Crypto Platform, according to a July 12 blog post. Robinhood’s blog post notes that they are planning to “further expand our coin offerings and add support for coin transfers,” writing that the entire Robinhood platform has a reach of more than 5 million people. Robinhood launched its zero-free crypto trading platform in February, […]

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