Monthly Archives: July 2018

Kim Kardashian Receives Her First Bitcoin

Social media personality and global superstar Kim Kardashian West was given her first bitcoin – in physical form. The entertainment mogul promptly featured her new asset for all the world to see, much to the excitement and amusement of the cryptocurrency community. Also read: Bitcoin ETF Rejection Sparks Firm’s Public Protest Kim Kardashian West Given First Physical Bitcoin “If Only” was a Texas Hold’em poker tournament hosted by gazillionaire philanthropists Irving and Shelli Azoff for the cancer-related charity City of Hope. This year, the first annual tournament […]

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Former Pershing Exec Jeff Horowitz Joins Coinbase as Chief Compliance Officer

Crypto exchange and wallet Coinbase has hired former Wall Street exec and banking regulator Jeff Horowitz as its new Chief Compliance Officer. Major U.S. cryptocurrency wallet and exchange Coinbase announced in a July 31 blog post that ex-Pershing exec Jeff Horowitz will join the company as its Chief Compliance Officer. Horowitz previously worked as the managing director and global head of compliance at Pershing LLC — a BNY Mellon Company — as well as leading a variety of compliance and anti-money laundering (AML) programs at Citigroup, Goldman […]

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New Ripple-Based Decentralized Exchange Launches in San Francisco

A new U.S. Ripple-based decentralized crypto marketplace dubbed DCEX has now opened registration for retail and institutional accounts. A new Ripple (XRP)-based decentralized crypto marketplace, DCEX, has now opened registration for retail and institutional accounts, according to a press release published July 30. The new San Francisco-based platform runs on technology developed by blockchain firm AlphaPoint, and will initially offer 15 crypto-crypto trading pairs, all against Ripple as a base currency. These include Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), EOS (EOS), IOTA (MIOTA), and […]

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Bitcoin Dips Below $8,000 Amid Market-Wide Losses

Market-wide, crypto assets are posting losses on the day, with Bitcoin dipping back below the $8,000 psychological price point for the third time this week. July 31: Crypto assets are posting market-wide losses on the day, with Bitcoin (BTC) dipping back below the $8,000 psychological price point and virtually all coins in the red, according to data from Coin360. Market visualization from Coin360 Bitcoin (BTC) is trading around $7,857 to press time, down around 3 percent on the day. Since its July 25 peak at $8,431, the […]

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Bodhi Bets on the Decentralized Prediction Marketplace

As with brick-and-mortar industries that are slowly fading away to the globalism of the online world, so too will the traditional prediction market industry have to innovate to keep up with the sheer efficiency, reliability and security that the decentralized prediction markets promise to bring. Augur (REP) has grabbed headlines lately with the launch of its highly anticipated prediction market earlier this month. Ethereum-based futures market DApp Gnosis (GNO) is also under development and running on the Ethereum testnet. Meanwhile, Bodhi (BOT/BOE), another decentralized application, has been […]

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Fintech Firm Billon Partners With FIS to Explore Blockchain Tech Solutions

Billon and FIS have signed a Letter of Intent to explore blockchain integration for the global financial markets. UK fintech firm Billon has signed a letter of intent (LOI) with international financial services tech provider Fidelity National Information Services Inc. (FIS) to integrate blockchain tech solutions, according to a July 31 press release. Billon refers to itself as a “civilized blockchain” company, meaning that it implements blockchain to ultimately process fiat currencies. FIS, which specializes in banking software and payment processing, will work with Billon to assess […]

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Thomson Reuters Partners With CryptoCompare to Track 50 Crypto Assets

Thomson Reuters will use CryptoCompare to track digital asset data on its Eikon platform. Canadian mass media and information company Thomson Reuters has announced a crypto asset data partnership with cryptocurrency tracking resource CryptoCompare, according to a July 31 press release. As the press release explains, CryptoCompare will now provide order book and trade data on 50 cryptocurrencies for Reuters’ financial desktop platform Eikon, which is aimed at institutional investors. Sam Chadwick, the director of strategy in innovation and blockchain at Reuters, noted in the press release […]

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Major Swiss Online Bank Posts Soaring Profits After Offering Clients Crypto Investing

Switzerland-based online banking service provider Swissquote has seen a 44% surge in profits in the first half of 2018, an uplift imputed to the “crypto boom” earlier this year. Online banking service provider Swissquote has seen a 44 percent surge in profits in the first half of 2018, an uplift attributed to the “crypto boom” earlier this year, local news outlet Finews reports July 31. In July 2017, the Swiss-based online bank was credited by many with becoming “the first” European online bank to launch Bitcoin (BTC) […]

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China: World’s Fourth Largest Bank by Assets Trials Blockchain Loans Backed by Land

One of China’s “Big Four” banks has piloted a blockchain loans network in the Guizhou province. The Agricultural Bank of China (ABC), the world’s fourth-largest bank by assets, has issued its first loan on blockchain, local news outlet Financial News reported July 31. State-owned ABC, which counts itself among China’s “Big Four” lenders, revealed it had issued a loan worth around $300,000 backed by a piece of agricultural land in the Guizhou province. According to Financial News, the bank will “buil[d] blocks with local people, pilot land […]

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Bitcoin.org Removed from Bitcoin Core Website

About four days ago news.Bitcoin.com reported on a dispute concerning the removal of the owner of Bitcoin.org, an anonymous figure known as ‘Cobra.’ At the time a Github contributor opened an issue on the website’s repository, saying that Cobra had become untrustworthy for showing support towards the Bitcoin Cash (BCH) network. Then the CEO of Blockstream and a large swarm of Bitcoin Core supporters insisted the domain should be handed over to someone else. Since then the maintainers of the BTC repository also removed all of the […]

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