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Bitcoin, Ether, and XRP Weekly Market Update: February 21, 2019

The total crypto market cap increased to $133 billion after gaining more than $14 billion of value for the past seven days. Top ten cryptocurrencies are all in green for the same time period with EOS, Litecoin, and Binance Coin… Continue Reading →

Blockchain Security Firm Secures $15 Million in VC Funding

According to a press release published February 19, 2019, blockchain security firm CipherTrace has secured $15 million in venture capital from leading Silicon Valley and New York venture capital firms with a proven track record in the crypto asset and… Continue Reading →

CoinBase Acquires Blockchain Analytics Firm Neutrino

CoinBase has acquired Neutrino, a blockchain intelligence firm, in hopes of using their technology to add new features and improve security, as reported on February 19, 2019. Expanding its Base CoinBase has made a new acquisition in a bid to… Continue Reading →

Elon Musk: Bitcoin Is Interesting but Tesla Isn’t Getting Involved

Unlike Jack Dorsey, Elon Musk, the Tesla CEO, isn’t ready to adopt bitcoin and other cryptocurrencies. This admission comes despite a few previous cryptocurrency-focused tweets published by Musk in the past. Even though the Tesla chief says he isn’t going… Continue Reading →

The Government of Seoul Is Looking to Close the Blockchain Funding Gap

In yet another bold step towards becoming the next blockchain hub, the city of Seoul announced on February 18, 2019, that it will offer $1 billion in funding towards blockchain and fintech firms up to the year 2022. Funding the… Continue Reading →

Blockstream Releases A New Multisignature Standard

Blockstream a blockchain technology startup, announced the release of Musig, a test code for the proposed Schnorr-based multi-signature scheme on February 18. The MuSig scheme is a Bitcoin upgrade implementation that is focused on scalability and confidential transactions. Musig According… Continue Reading →

New Web Extension Allows Users to Tip on Twitter With Bitcoin

Tippin, a Lightning Network (LN) platform, launched a Chrome extension that enables Google browser users to send Bitcoin payments on Twitter, EJ Insight reported on February 19, 2019. Lightning Twitter Tips Despite the incredibly cold crypto winter that has only… Continue Reading →

Japan’s Second Largest Bank Completes Blockchain Trial On R3 Platform

Sumitomo Mitsui Banking Corporation (SMBC) has completed a successful proof of concept on R3’s Marco Polo trade platform, according to a press release dated February 18, 2019. Done and Dusted A successful proof-of-concept (PoC) has been completed by Sumitomo Mitsui… Continue Reading →

Quadriga CX Fiasco Highlights the Need for Crypto Insurance

A startup by the name of BitGo Inc. could be the answer to the menace of losing private keys of cold-storage crypto wallets, reports Bloomberg, February 19, 2019. Can too Much Safety Be Fatal? The recent fiasco surrounding the death… Continue Reading →

FBI Speaks On The Cryptocurrency Sector

It is rare that cryptocurrency investors and traders actually get insight into the way that law enforcement is watching and examining the cryptocurrency industry. In a recent interview with the FBI conducted by The Paypers, February 19, 2019 – the… Continue Reading →

Crypto Mining Scam Uncovered in Thailand

Over 30 people have come forward to the police after being scammed by a supposed crypto mining scheme that promised a 70 percent return on investment, the Bangkok Post reports on February 18, 2019. Mining for Money In the world… Continue Reading →

The German Government Seeks the Blockchain Community’s Input on new Laws

While the German government is preparing for a strategy presentation this summer, they have also sought the consultation of the blockchain community, reported February 18, 2019. Talking Points As time goes on, more and more governments have adopted the use… Continue Reading →

Octogenarian in Line to Grab and Pass the Bitcoin Lightning Network Torch

The Bitcoin Lightning Network Torch experiment is an influential movement that was launched on January 19, 2019, by a Bitcoin enthusiast whose twitter handle is Hodlonaut. Those joining the experiment transfer a small amount of BTC using the Lightning Network… Continue Reading →

Bitmain Announces BM1397 Chip with 28.6 Percent Improvement in Power Consumption

In a blog post published February 18, 2019, the Chinese cryptocurrency mining juggernaut Bitmain announced the launch of their next generation 7nm ASIC chip, named BM1397. The new chip facilitates faster and more economical mining for cryptocurrencies that use the… Continue Reading →

Bitcoin and Ether Market Update: February 20, 2019

The total crypto market cap is up $10.5 billion since February 18 and now sits at ~$133.3 at the time of writing. For the same time period bitcoin (BTC) is up 7.3 percent to $3,900 while ether (ETH) gained 7.5… Continue Reading →

Coinmama Suffers Hack as 450,000 Users’ Information Compromised

In yet another high-profile hack of 2019, Coinmama saw the information of 450,000 of its users compromised in an attack that targeted 24 difference sites, according to reports from February 15, 2019. Compromised Systems 2019 is shaping up to be the year… Continue Reading →

India’s Cybercrime Detection Center Has Cryptocurrency Threats on its Radar

The National Cyber Forensic Lab has been created under the Union Home ministry’s Cyber Crime Coordination Center. The unit will focus its energy on cryptocurrency-related crimes to help police officers detect cyber fraud. Technology for Cryptocurrency Analysis As per The… Continue Reading →

The Boom of Swiss Crypto Foundations Has finally Fizzled

Several high-profile scandals and the lack of foresight when it comes to governance have led to the stumble of many Suisse-based cryptocurrency foundations Finews reported on February 18, 2019. Foundations Marked Switzerland’s Economic Climate Foundations, while not the backbone of the… Continue Reading →

Pension and Endowment Adviser: Time for Institutional Investors to Consider Cryptocurrencies

Cambridge Associates is endorsing cryptocurrency investment for institutions. The pension and endowment firm says cryptos are now stable and believes it’s time institutions learned about crypto space to make informed investment decisions. As reported by Bloomberg, February 18, 2019.  A Worthwhile… Continue Reading →

Microsoft Finds and Boots Eight Cryptojacking Apps on Microsoft Store

Microsoft has booted eight malevolent apps from its official desktop and app store that have been secretly mining monero (XMR) from unsuspecting computers. Researchers from Symantec discovered the eight malicious apps and informed Microsoft who took the necessary steps. Apps… Continue Reading →

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