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Wednesday, 31 July 2019

Bitcoin Recovers and Jumps Back Over $10,000, & Other News

What's going on with the crypto markets today? Read our price analysis

Sony Subsidiary Joins ~$14.5M Funding Round for Bitcoin Bank Bitwala 

An international investor consortium led by Sony Financial Ventures, Global Brain and British investment company NKB Group have invested in the German bank, with other funds provided by Earlybird Venture Capital and coparion. Jan Goslicki invested in the German bank Bitwala €13 million (almost $14.5 million).

China's Monthly Crypto Rankings: Bitcoin Takes 11th Place, EOS Still Leads
In its latest rankings, the Chinese CCID Research Institute put Bitcoin in 11th place on a list of 37 digital currencies in terms of technology, application and innovation. Cryptocurrency project EOS leads the list, having gained the highest number of points at 153.1. EOS is followed by ETH with 148.6 points, while Tron (TRX) is in third place.

UK Financial Regulator FCA Won't Regulate Bitcoin and Ether
The FCA issued its finalized policy statement on cryptocurrencies in a document titled "PS19/22: Guidance on Cryptoassets." The document considers major cryptocurrencies, such as BTC and ETH, as "exchange tokens," describing them as types of crypto assets that are "usually decentralized and primarily used as a means of exchange." 

Bitcoin First as LedgerX Launches Regulated Physical Futures on US Market  
United States Bitcoin derivatives provider LedgerX said its physical futures offering was live on its Omni trading platform. 

S7 Airlines Processed Over $1M Via Blockchain Payment Platform in July
S7 has seen significant growth in transactions on its blockchain-powered sales network developed in partnership with Russia's largest private bank, Alfa-Bank. According to Nikolai Mukhanov,  executive director at S7 Techlab, the platform has seen not only a significant increase in the number of payments, which reportedly has grown tenfold since January, but also in the number of other automated processes. 
 

SPONSORED: A price tracker says it offers a visually compelling alternative to text in tables for crypto enthusiasts who want to monitor price movements.

See Cointelegraph's dive into the ways that crypto is changing adult entertainment 
Quote of the day

"I think we'll see support from governments for central bank money that operates on top of these digital currency systems."

Jeremy Allaire 
CEO of Circle
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Tuesday, 30 July 2019

US Senate Banking Committee Chronicle, Facebook Warns Investors That Libra May Never Launch & Other News

 

Libra Stablecoin May Never Launch, Facebook Warns Its Investors

Facebook has warned its investors that its Libra stablecoin may never be released, according to a report from CNBC.

US Defense Dept. to Experiment With Blockchain-Based Security

The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy.

Swiss Crypto Startup Makes 'Highest' Bitcoin Trade Ever at 4,164 Meters

Cryptocurrency financial services provider Bitcoin Suisse announced that it conducted a Bitcoin trade at the highest altitude ever in a promotional stunt that took place on July 13. A YouTube video proving this achievement was published on July 19.

Ethereum Classic Labs Announces Accelerate Program to Promote ETC Apps

Ethereum Classic Labs incubator officially announced its accelerator program to promote the development of products based on the Ethereum Classic network.

Crypto, Blockchain Hearing at US Senate Banking Committee: Full Chronicle

During today's United State Senate Banking Committee hearing on the regulatory framework for cryptocurrencies and blockchain, Cointelegraph watched and followed all the most important developments. 

SPONSORED: A blockchain project that says it offers the "new financial era" to users says it will soon start delivering the world's first smartphone with a voice-over blockchain protocol (VOBP).
 
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Monday, 29 July 2019

Iran Authorises Crypto Mining as The Industrial Activity, Australia Excludes Digital Currency From New Cash Payment Limit, & Other News

⁠Is Bitcoin a Store of Value? Experts on BTC as Digital Gold

Bitcoin vs. gold: What is the ultimate store of value for the new millennium? Crypto and blockchain experts answer.

Open Letter From Ripple Asks US Gov't for Fair Crypto Regulation

Blockchain payment network Ripple signed an open letter to U.S. regulators on July 28 ahead of fresh hearings on cryptocurrency regulation this week. 

'Chems_USA' Pleads Guilty to Bitcoin-Enabled Dark Web Opioid Conspiracy

A Florida man has pled guilty to participating in a multi-million dollar Bitcoin-enabled drug dealing conspiracy and money laundering.

Australian Draft Bill Excludes Digital Currency From New Cash Payment Limit

Australia's government has delivered supportive statements on cryptocurrency as it looks to exclude the sector from new restrictions on cash payments.

Iranian Gov't Authorizes Cryptocurrency Mining as Industrial Activity

The Iranian government has authorized cryptocurrency mining as an industrial activity, according to a report from IIDO-owned Mehr News Agency.

SPONSORED: A new "feature-rich ecosystem" has been created for privacy-conscious individuals who want to keep their communications confidential and their data secure.

 
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SpaceX owns BTC, daily Dogecoin volume soared in Q2 and other news

SpaceX owns Bitcoin, Elon Musk and Nic Carter believe BTC is becoming greener ...