Blockchain news

Ledger And Neufund Create The Foundation For Security Tokens Management

The manufacturer of hardware cryptocurrency wallets Ledger and German crypto startup Neufund have joined forces in order to provide users with the ability to manage Security tokens through the Ledger application. As stated in a joint statement of the companies, Ledger Live is a specialized application for managing cryptocurrency assets. In test mode (and further), this application supports ERC-20 standard tokens. And with the help of the protocol suite from Neufund, application users will be able to manage Security tokens. For smooth operation, Neufund has partnered with the BitBay exchange to provide investors with the opportunity to buy and sell

Bitcoin news

SEC: Bitcoin-ETF Decision To Expect By February 27, 2019

An epopea, in which the Commission plays a leading role, continues. Submitted applications for Bitcoin-ETF launch by VanEck and SolidX will be reviewed at least until February 2019. The relevant statement was published on the SEC page. In accordance with law regulations, the Commission cannot extend the review duration of the above-mentioned applications, that is why February 2019 is a deadline for the Commission members. Eduardo Aleman pointed out in the release: “The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient

Bitcoin news

Cryptocurrency Market Review, December 7: Bitcoin Hits The Bottom

Today, on Friday, December 7, Bitcoin and other major cryptocurrencies continued the drop, while Bitcoin SV gained momentum. Bitcoin confidently drops to the forecasted level of $3000. Over the past 24 hours, a major cryptocurrency lost 11% in value, dropped to $3 433,45. BTC Market cap decreased to $59 779 445 647B. XRP could not survive the sell-off pressure and lose 10.35% in value. The current XRP price is $0,3051. Ethereum hit its minimum of $100 and dropped to $87,35, by losing 15.48% over the 24 hours. Stellar plunged by 16% and stopped on $0,1149 level. Bitcoin SV demonstrated a

Bitcoin news

Paytomat Incorporates Lightning Network into its Services Thanks to Collaboration with Bitfury

Bitfury Group, one of the leading blockchain companies, has announced a partnership with the Paytomat payment processing system to introduce the Lightning Network payment protocol into the Paytomat services. The Bitfury development team, known as Lightning Peach, will be directly involved in the technical work. The result of their work should be the ability to make Bitcoin payments almost instantly. In fact, two main factors interfere with the widespread use of cryptocurrency: high volatility and the problem of scalability. Due to these problems, this year is characterized by a reduction in the use of Bitcoin for payments. Nevertheless, Pavel Prikhodko,

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Australian Parliament Adopts Anti-Encryption Bill

Today, November 6, the Australian parliament passed a Telecommunications and Other Legislation Amendment (Assistance and Access) Bill, widely known as the “anti-encryption bill.” The bill has already managed to cause outrage from the public, in particular – representatives of the digital industry. According to the new document, Australian law enforcement agencies may require any high-tech companies to create a backdoor to decrypt any user messages. It is easy to predict that worldwide customer confidence in products of Australian developers, both companies and individuals (to which the new rules also apply), will decrease. Moreover, the presence of similar loopholes in software,

Bitcoin news

The Number Of Suspicious Crypto Transactions In Japan Increased By 800%

Japanese Bitcoin exchanges reported nearly six thousand suspicious cryptocurrency transactions between January and October 2018. According to the Jiji Press, citing the Office of the National Police (NPA), cryptocurrency exchange in Japan found 5,994 suspicious transactions from January to October of the current year. “It’s already been some time since the reporting system began, and it has been embraced by the industry through guidance from the Financial Services Agency,” an NPA official said of the reasons for the sudden increase. According to the NPA, suspicious activity in the reports includes reuse of the same face photo by multiple parties, which

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80% Is “For”: The Vast Majority Of Huobi Users For Token “Burning”

Cryptocurrency exchange Huobi announced the results of a recent vote on its website. It concerned the further fate of the purchased tokens of the HT platform. 80% of users voted for the burning of Huobi Token. As stated in the text on the official page of the site, Huobi previously allocated 20% of its revenue for the quarterly purchase of HT on the open market with a view to their further distribution among holders of tokens. Now the exchange decided to revise this business model due to numerous requests from users and provided an opportunity for HT owners to decide

Bitcoin news

Crypto Scam In Singapore Gains Momentum

Ordinary people, who want to invest in cryptocurrencies, always become victims of crypto scammers. Over the last two months, a crypto scam in Singapore reached a new level. It is known according to the latest study. An advertisement of the cryptocurrency services, which use to offer to invest in Bitcoin, is the basic method for crypto scammers in Singapore. Only in the period from September to November, citizens of Singapore lost their funds in the amount of $78,000. The scam cases have become more frequent, that is why local authorities carefully investigate firms, which provide the above-mentioned services. The main

Blockchain news

Huobi Obtained A License On Gibraltar

Huobi continues to develop its activity in the cryptocurrency industry. This time, a company’s members announced that they obtained a license on Gibraltar, where applies British jurisdiction. On Dec 5, Huobi Global’s Head of Global Institutional Business Lester Li shared at a London conference his 2019 expansion plans in UK, Huobi Institutional account features and benefits, Huobi Group’s investment criteria, as well as HUSD, Huobi’s stablecoin solution.#HuobiGlobal pic.twitter.com/k2EQjmmSWs — Huobi Global (@HuobiGlobal) December 6, 2018 Due to this license, Huobi is aimed to expand its international platform, which was created for institutional investors and traders. The part of the release

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