Here are the top five Bitcoin “burials” of 2019 as negative sentiments seemingly decline. Bitcoin has long been disregarded as a speculative asset class that is doomed to fail by mainstream media outlets around the world. The apathy toward the world’s preeminent cryptocurrency has been embodied by countless articles that have either hailed the death […]
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Government agencies, sports franchises and mainstream exchanges are first real-world adopters of the popular “pure proof-of-stake” Algorand blockchain. Algorand officially unveiled a suite of new features to its pure-proof-of-stake network at the end of November, dubbed Algorand 2.0. The latest suite of technical innovation by the emerging “frictionless finance” network, the upgrade encompasses the official […]
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Coinbase Custody and Bison Trails have joined the Proof of Stake Alliance, an organization lobbying for better tax and regulatory treatment of staking rewards. Coinbase Custody and Bison Trails have joined the ranks of the Proof of Stake Alliance (POSA), a Jan. 30 press release announced. Together with the alliance, they will advocate for the […]
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Former Coinbase COO Asiff Hirji will be leading the expansion efforts of Figure, a financial services company using blockchain to replace paper documents. Asiff Hirji has joined Figure, a U.S. lending company utilizing blockchain to process the loans, a Jan. 30 press release revealed. Hirji will be company’s new president, having previously served as president […]
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Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage. Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage. Bittrex announced in a blog post on Jan. 29 that the […]
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Major United States-based cryptocurrency exchange Coinbase established a second Irish firm to expand its crypto custody services to European institutions. Major United States-based cryptocurrency exchange Coinbase has established an entity in Ireland to expand its crypto custody services to European institutions. According to a Coinbase announcement published on Jan. 30, the new entity is called […]
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Coinbase hires former Google Shopping Vice President of Product Surojit Chatterjee as its new chief product officer. Former Google executive Surojit Chatterjee has joined Coinbase as the company’s new chief product officer. Before joining Coinbase, Chatterjee worked as a Google’s vice president of product, tallying 11 years at the internet company, Coinbase CEO Brian Armstrong […]
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BCB Group, a British crypto firm that provides services to exchanges like Coinbase and Bitstamp, is now officially approved by U.K. financial watchdog, the FCA. BCB Group, a European crypto-focused payment processor for the likes of major global crypto firms like Coinbase, has secured a license from British regulators. The United Kingdom’s Financial Conduct Authority […]
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Two executives at Coinbase and Ripple are leading a drive for smart regulations and transparency in the crypto-sphere, which would drive mainstream adoption. Two executives at Coinbase and Ripple are leading a push for smart regulations and transparency in the crypto-sphere that would arguably drive adoption and take blockchain technology mainstream. Market integrity must improve […]
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Bitcoin is not getting closer to unit of account status as the average decimal precision of outputs is increasing, reveals a BitMEX research report. A growing precision in the amount of decimals for Bitcoin (BTC) points to decreasing usage as a unit of account. This is one of the conclusions of a Jan. 27 report […]
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