January 2019 | Page 11 of 104 | Last Cryptocurrency News Feed

JPMorgan Notes Marginal Improvements to Payment System With Blockchain Technology

Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reports on Jan. 29. JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global payment system, but it will provide marginal improvements. The most meaningful impact will probably be three to…

Cointelegraph Feed

Gemini Crypto Exchange Undergoes Security Compliance and Data Protection Audit

Gemini crypto exchange, founded by brothers Cameron and Tyler Winklevoss, completed a SOC 2 Type 1 security compliance review, according to a post made on their Medium blog on Jan 29. An organization that undergoes a Service Organizational Control (SOC) 2 audit aims to ensure that it has met the service criteria set by the American Institute…

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Crypto Market Update Jan.29: Crypto In Red, Despite Optimism Following BitTorrent Fundraising

2019 began with a mixed trend. Bitcoin and other cryptos are still around and creating great interest among the public. The large media bodies continue to monitor developments in the field regularly. In addition, the sector’s regulatory framework continues to take shape, and large and institutional entities continue to examine the possibilities for entry into…

CoinDesk Feed

AMD Cites ‘Absence’ of GPU Sales to Crypto Miners in Q1 Estimate

news Graphics card maker AMD announced its “highest profitability in [seven] years” Tuesday, but expects its revenue to drop next quarter due at least in part to falling demand from cryptocurrency miners. The company brought in $1.42 billion in revenue last quarter, for a 2018 total of $6.48 billion – well above 2017’s total of…

CoinDesk Feed

From Mar-a-Lago to Coinbase, Dubious Claims Follow Doc.com Token Sales

feature A health startup tied to a public cryptocurrency is using overstated language about some of its industry relationships and its affiliation with crypto exchange Coinbase as it seeks to sell tokens to investors, a CoinDesk investigation has found. Mexico City-based Doc.com, which offers an app that provides healthcare and psychology consulting to underprivileged communities,…

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Fidelity May Formally Launch Its Crypto Custody Service in March

news Fidelity Investments’ new crypto custody service may officially launch in March. The storage component of Fidelity Digital Asset Services LLC (FDAS) is already live, with some assets under management, a person familiar with the situation told CoinDesk Tuesday. Bloomberg reported, in a story initially available only on its terminals, that Fidelity was aiming for…

Cointelegraph Feed

US Blockchain Firm Introduces Wallet for Digital Assets and Securities

San Francisco-based blockchain firm TokenSoft has rolled out a beta version of its wallet for digital assets and digital securities, according to a press release published on Jan. 29.The new product called Knox Wallet provides cold storage and a self-custody platform for managing multiple assets, including both cryptocurrencies such as Bitcoin (ETH) and Ethereum (ETH),…

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World’s Largest Gun Auction Site GunBroker.com to Add Stablecoin ‘FreedomCoin’

Major United States-based firearms marketplace GunBroker.com will integrate a new stablecoin dubbed “FreedomCoin” as a payment method, according to a press release from the coin’s developers, Jan 29.Blockchain startup ICOx Innovations announced the coin today as a “new regulatory compliant corporate currency.” According to the firm’s press release, the token will be used to make…

Cointelegraph Feed

Report: Fidelity Sets March Launch Date for Bitcoin Custody Service

American investment firm Fidelity, which administers over $7.2 trillion in client assets, will purportedly launch its Bitcoin (BTC) custody offering in March, Bloomberg reports on Jan. 29Citing unnamed sources familiar with the matter, Bloomberg states that this is the next step in a plan that started in October 2018, when Fidelity announced the launch of…

Cointelegraph Feed

Ukrainian Crypto Exchange Liqui Shuts Down, Cites Lack of Liquidity

Ukraine-based crypto exchange Liqui is shutting down its services, citing a lack of liquidity, Cointelegraph Japan reports today, Jan. 28.Liqui said it decided to close all accounts and stop providing services because it currently does “not see any economic point in providing” them in a statement posted on its official website, Jan. 28.The crypto exchange…