Monthly Archives: September 2019

US SEC’s Crypto Mom: ‘I Think We Need to Be a Little Less Paternalistic’

Speaking at a summit today, U.S. SEC Commissioner Peirce said that regulators like her organization should “be a little less paternalistic.” United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce recently spoke on innovation in cryptocurrencies, calling regulators excessively paternalistic. DACOM Summit At the Digital Asset Compliance and Market Integrity (DACOM) Summit in New York today, Sept. 26, Commissioner Peirce led a Q&A session that featured extensive discussion of the future of regulation for crypto assets.  Hosting the summit were law firm Hogan Lovells and Solidus […]

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Bitflyer Adds Bitcoin Cash Trading Across Europe and the US

Bitflyer has added a selected number of new cryptocurrencies for its European and American clients to trade. Bitcoin cash (BCH) is among the few digital assets now available to buy and sell on all licensed platforms operated by the Japanese company. Also Read: NASA to Launch Bitcoin to the Moon? Space Agency Seeks Crypto Experience Bitflyer Adds New Cryptos in Europe and US Major Japanese exchange Bitflyer has announced the addition of a few new cryptocurrencies to its buying and selling platform across Europe and the US. […]

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Medici Bank Launches Private Beta Testing in October: Report

Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October. Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October. Medici Bank will be piloting digital onboarding procedures, application programming interface and web portals with five global firms, two or three of which represent crypto businesses, Coindesk reports Sept. 26. Crypto clients Medici Bank CEO Ed Boyle elaborated that those firms are expected to demonstrate the bank’s […]

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Altcoins Continue to Tumble, With Top-20 Showing a Sea of Red

Altcoins are still reeling from Tuesday’s painful correction, which saw double-digit losses, and today continue to tumble. Thursday, Sept. 26 — After Tuesday’s sudden crash, altcoins seemingly entered a consolidation phase yesterday and for the better part of today, until signs of a new downward price trend reared its ugly head. Cryptocurrency market daily overview. Source: Coin360 Altcoins are still reeling from Tuesday’s painful correction, which saw double-digit losses. Bitcoin SV (BSV) took the lead with a massive hit of up to 34%, while several other major […]

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StrongSalt Raises $3M in Seed Round to Develop Encryption Platform-as-a-Service

Advisory firm Valley Capital Partners has invested $3 million into encryption platform-as-a-service StrongSalt. Advisory firm Valley Capital Partners has invested $3 million into encryption platform-as-a-service StrongSalt. Per a Sept. 26 press release, StrongSalt raised $3 million from Valley Capital Partners in a seed round to further develop its encryption platform designed for developers and enterprises. The startup aims to build an encrypted ecosystem, allowing individuals to keep personal data private and to defend against theft and fraud. StrongSalt claims to be the first firm that provides an […]

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Venezuelan Central Bank is Considering Holding Bitcoin and Ether

Venezuela’s central bank is exploring the possibilities of holding Bitcoin and Ether in its coffers, at the request of state-owned oil and gas company PSDV. Venezuela’s central bank is exploring the possibilities of holding Bitcoin (BTC) and Ether (ETH) in its coffers, according to anonymous sources who reportedly have direct insights into the matter. Can the central bank store Bitcoin and Ether? According to a Sept. 26 Bloomberg article, the central bank of Venezuela is taking a closer look at whether they have the possibility to store […]

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Ant Financial Partners with Monsanto Owner on Agricultural Blockchain

German big pharma and Monsanto’s owner Bayer partners with Alipay operator Ant Financial to develop a blockchain solution for the food and crop industry. Alipay operator Ant Financial has partnered with pharmaceutical giant Bayer Crop Science, Monsanto’s owner, to develop a blockchain solution for the food and crop industry. Letter of intent Enterprise blockchain news outlet Ledger Insights reported on the partnership on Sept. 26, also noting that the two firms signed a letter of intent to develop their solution to increase traceability and transparency. Per the […]

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Bitcoin Price Fear & Greed Index Turns Blood Red Under 8K — Time to Buy?

Bitcoin price diving below $8,000 has driven market sentiment to extreme fear, which may present a perfect opportunity to buy the dip. Bitcoin (BTC) price dropped out of the descending triangle, causing a level of extreme fear to spread throughout the entire crypto market.  Bitcoin price remains bearish since the top at $13,800, as the price has been trending downwards in a channel. However, is the price of Bitcoin bearish overall or only short term?   Crypto market sentiment registers extreme fear Crypto Fear & Greed Index. Source: […]

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Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto

The Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash (BCH), and BTC. Also read: Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity Mercado Livre and Mercado Pago Wallets Users Can Now Use Bitcoin Cash (BCH) and BTC via Bitpay In certain areas throughout Latin America, cryptocurrency use continues to grow, especially in […]

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10,000 Nodes Are Running BTC Lightning Network in New All-Time High

The number of nodes running Bitcoin Lightning Network has reached 10,000 for the first time. The number of Bitcoin (BTC) Lightning Network (LN) nodes has reached 10,000 for the first time, according to real-time LN statistics site 1ML. According to 1ML, the number of nodes on the LN has grown by 3.17% over the past 30 days to reach a record high of 10,003 network nodes at press time. At the same time, the number of nodes with active channels is 5,975 out of total of 36,246 […]

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