Monthly Archives: April 2019

Societe Generale Subsidiary Issues 100 Million Euro Bond on Ethereum Blockchain

French specialized credit institution Societe Generale SFH has issued a 100 million euro bond as a security token on the Ethereum blockchain. French specialized credit institution Societe Generale SFH issued a 100 million euro ($112 million) bond as a security token on the Ethereum (ETH) blockchain. The company announced the development on its website on April 23. Societe Generale SFH —  which is a subsidiary of one of Europe’s largest financial services groups, Societe Generale Group —  has rolled out its first pilot project developed in collaboration […]

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Lots of Building on BCH as Bitcoin.com’s REST Layer Sees Millions of Requests

Over the last year, Bitcoin.com has released a robust Bitcoin Cash (BCH) developer platform loaded with programming tools like Bitbox as well as the newly launched Badger and SLP tool kits. In addition to these services, Bitcoin.com provides programmers with guides, a GUI BIP44 development wallet, a BCH testnet faucet, and REST layer for the BCH network so developers can speak to the blockchain over REST. On April 19, the Rest.Bitcoin.com platform got over 5 million requests in 24 hours, suggesting some exciting ideas are being built […]

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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges

Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global. FDAG recently acquired the crypto exchange Zaif, which was hacked last year, from Tech Bureau for $44.7 million. Huobi Global, meanwhile, expanded into Japan […]

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Bitcoin Price Analysis: Reaccumulation Breakout Hints at Bullish Continuation

Summary: Bitcoin clearly broke upward out of reaccumulation trading that had spent three weeks consolidating sideways. The market has begun to drift into a zone of supply between the $5,700 and $6,000 levels. There are a lot of underwater positions that are looking to break even, so it seems likely that we will start to encounter sellers looking to get out of the market. The daily Bollinger Bands consolidated tightly and have begun to expand — indicating that a macro bullish continuation is likely. Trading and investing […]

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BlockFi Now Has Over $53 Million in Client Crypto Under Management

Crypto wealth management and lending company BlockFi now has over $53 million in client crypto assets under management. BlockFi crypto wealth management and lending company now has over $53 million in client crypto assets under management. BlockFi announced the update in a blog post on April 23. In the announcement, BlockFi also states that it will implement some policy changes starting from May 1, 2019. Specifically, the company says that the minimum deposit to earn interest has been lowered. Bitcoin (BTC) balances of 0.5 BTC and more […]

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Over $100 Million Missing: CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack

Back in March 2019, the CoinBene cryptocurrency exchange denied that it suffered a hack but claimed to be undergoing maintenance, despite losing 109 ERC-20 tokens worth about $105 million. Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns out the platform is still under maintenance, or so the company says. Meanwhile, Cointelegraph has received exclusive details from stakeholders reportedly affected by the situation. These reports, for the most part, were […]

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Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain

Head of digital market assets at Credit Suisse, Emmanuel Aidoo, has said that bankers’ desire to keep the status quo is holding back the adoption of blockchain technology. Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the desire among financiers to maintain the status quo is holding back the adoption of blockchain technology, Business Insider reported on April 23. In an interview with Business Insider, Aidoo said that banks’ unwillingness to adopt blockchain lies in culture within banks, and has nothing to do […]

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TD Ameritrade, NASDAQ Reportedly Offer BTC and LTC Paper Trades

Online investment service TD Ameritrade might be giving its users simulated exposure to bitcoin and litecoin through a new, but not-yet-live, offering on NASDAQ. According to reports on social media, the brokerage platform is offering paper trades for bitcoin and litecoin through NASDAQ. Paper trading is a simulated form of trading that lets users exchange an asset without actually buying or selling it for real money (think of it like a testnet of sorts). In a tweet labeled “BREAKING,” the quantitative analyst “Cryptopolis” first sounded the horn […]

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Coinbase Closes Chicago Office and Scales Down Work on Matching Engine

Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine. Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine, Fortune reports on April 23. Per the report, the exchange will consolidate the high-frequency trading matching engine efforts into its San Francisco office. Coinbase also purportedly laid off about 30 employees and will relocate some to the area of the other office, while others will work remotely. […]

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Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year

Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.2% over the last year. Also read: Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings South Korean Crypto Investors Increase Holdings The South Korean news outlet Arirang Daily News revealed the […]

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