Monthly Archives: January 2019

US Blockchain Firm Introduces Wallet for Digital Assets and Securities

U.S.-based blockchain firm TokenSoft has rolled out its Knox Wallet for storing digital securities and other digital assets. San Francisco-based blockchain firm TokenSoft has rolled out a beta version of its wallet for digital assets and digital securities, according to a press release published on Jan. 29. The new product called Knox Wallet provides cold storage and a self-custody platform for managing multiple assets, including both cryptocurrencies such as Bitcoin (ETH) and Ethereum (ETH), as well as tokenized assets such as real estate, equity, or debt. The […]

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World’s Largest Gun Auction Site GunBroker.com to Add Stablecoin ‘FreedomCoin’

World’s largest online firearms auction site GunBroker.com and ICOx Innovations announce the planned integration of new crypto stablecoin “FreedomCoin.” Major United States-based firearms marketplace GunBroker.com will integrate a new stablecoin dubbed “FreedomCoin” as a payment method, according to a press release from the coin’s developers, Jan 29. Blockchain startup ICOx Innovations announced the coin today as a “new regulatory compliant corporate currency.” According to the firm’s press release, the token will be used to make purchases on GunBroker.com — reportedly the world’s largest website for hunting and […]

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Report: Fidelity Sets March Launch Date for Bitcoin Custody Service

American financial services giant Fidelity will reportedly launch its Bitcoin custody service in March. American investment firm Fidelity, which administers over $7.2 trillion in client assets, will purportedly launch its Bitcoin (BTC) custody offering in March, Bloomberg reports on Jan. 29 Citing unnamed sources familiar with the matter, Bloomberg states that this is the next step in a plan that started in October 2018, when Fidelity announced the launch of a new company, Fidelity Digital Asset Services. The new company will purportedly offer custody and trade execution […]

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Report: Two Hacker Groups Stole $1 Billion From Crypto Exchanges

A new report alleges that just two groups of hackers dominate the majority of cybercrime directed against cryptocurrency exchanges. Together, these groups have responsible for stealing about $1 billion of cryptocurrency so far. Also Read: Arwen Enables Self-Custody for Traders of Centralized Exchanges The Most Lucrative of All Crypto Crimes Digital surveillance company Chainalysis has released its latest “crypto crime” report, claiming to identify two groups responsible for the majority of hacks in the field. Its findings were obtained in part by analyzing the different practices the […]

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Ukrainian Crypto Exchange Liqui Shuts Down, Cites Lack of Liquidity

Ukrainian crypto exchange Liqui has reported it is shutting down operations, citing lack of liquidity. Ukraine–based crypto exchange Liqui is shutting down its services, citing a lack of liquidity, Cointelegraph Japan reports today, Jan. 28. Liqui said it decided to close all accounts and stop providing services because it currently does “not see any economic point in providing” them in a statement posted on its official website, Jan. 28. The crypto exchange claimed that it has informed its clients about the issue, and stated that withdrawal of […]

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US Congress Passes Bill to Require Study of Crypto in Sex, Drug Trafficking

The United States House of Representatives has passed a bill to commission a study into how cryptocurrencies and online marketplaces can be used to facilitate sex and drug trafficking. The United States House of Representatives has passed a bill to commission a study into how cryptocurrencies and online marketplaces can be used to facilitate sex and drug trafficking. The bipartisan bill — known as “the Fight Illicit Networks and Detect (FIND) Trafficking Act of 2019 (H.R. 502) — passed 412-13 yesterday, Jan. 28. As Cointelegraph previously reported, […]

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R3 Consortium Member Closes $10 Million Funding Round for Blockchain ID Platform

R3 consortium member raises $10 million in a Series A funding round to launch a distributed ledger-based ID platform for credit union members. United States-based credit union service organization CULedger has raised $10 million in a Series A funding round for its credit union-focused blockchain platform, according to a press release published Jan. 29. The company, which is a member of R3’s global blockchain ecosystem, first announced its funding round and its goal of raising $10 million in October, 2017. According to the release, the now closed […]

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Waiting Lists for Kazakh Kindergartens to Be Managed With Blockchain Technology

Waiting lists for Kindergartens in the Kazakh capital of Astana will be recorded on a blockchain. The system for managing waiting lists to kindergartens in the the Kazakh capital of Astana will implement blockchain technology in the beginning of February, local news website Elorda Info reports Tuesday, Jan. 29. In Kazakhstan, parents must apply to have their child accepted to a local kindergarten, which results in waiting lists for certain schools. Queues for kindergartens are managed in accordance with federal law under the Standard of State Service. […]

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Inspired by Unwriter’s Apps, BCH Developers Create Fountainhead Cash

When the Bitcoin Cash (BCH) network split last November, prominent platform developer Unwriter decided to focus on building applications for the BSV chain. Since then, a group of BCH developers has forked Unwriter’s 21 Century Motor Company. On Jan. 27, a few BCH programmers revealed the Fountainhead Cash project and explained they had decided to keep building the anonymous developer’s valuable platforms such as Bitdb and Bitsocket. Also read: Bitcoin Mixing Concept Payjoin Makes a ‘Huge Mess’ for Blockchain Surveillance Fountainhead Cash Developers Continue to Build On Unwriter’s Projects […]

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Blockchain Browser Brave Offers Free Access to Premium Content on News Site Cheddar

Blockchain-enabled world wide web browser Brave partnered with news website Cheddar to offer its users free access to usually paid content. Blockchain-enabled web browser Brave has partnered with news website Cheddar to offer its users three months of free access to premium content, a press release reports Jan. 29. According to the press release, Brave Browser users will automatically obtain access to premium content on Cheddar’s website, without action on the user’s end. Jon Steinberg, founder and CEO of Cheddar, said that “the idea of unlocking our […]

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