Monthly Archives: January 2019

A startup named Pyrex says it has created the “next generation cryptocurrency,” which enables untraceable payments and unlinkable transactions. Its ecosystem includes three separate but interchangeable blockchain payment methods, together with its own crypto bank, cloud mining platform and multi-currency exchange.Secure and privateThe first blockchain payment method is PyrexCoin (PYX), operated by a decentralized peer-to-peer…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Crypto investors lost about $1.7 billion worth of cryptocurrencies to…

The chairman of the upper house of Russian parliament has urged MPs to expedite their work on digital economy bills that include a draft on crypto regulation, local news agency TASS reports on Tuesday, Jan. 29.Valentina Matvienko, who has headed the Federation Council since 2011, spoke to officials from several institutions, including the Upper House…

In the first month of 2019, the state of Wyoming has performed yet another series of power moves showcasing its continued commitment to becoming America’s new crypto hub, even despite recent changes in political leadership. The incoming governor, Mark Gordon, made room for some blockchain talk in his inauguration speech, celebrating the state’s innovative approach to…

Amid the 2018 market slump, the launch of new crypto venture funds for the first time exceeded that of new hedge funds in the space, according to a Bloomberg report on Jan. 30.Bloomberg cites data from Crypto Fund Research that indicates that 125 new crypto venture funds — which typically provide capital in exchange for…

Cryptocurrency lending company Genesis Capital processed $1.114 million in borrows and lends last year, according to the recently released Digital Asset Lending Snapshot for Q4 2018.At the end of Q3 2018, the company published its first Digital Asset Lending Snapshot, which reported that Genesis Capital only processed $553 million at the time counting from the…

Bill Barhydt, CEO of crypto wallet provider and payment startup Abra, believes that consumer cross-border payments and remittance services at scale continue to be a struggle for many crypto firms. Barhydt made his remarks during an interview with blockchain news source Breaker Mag on Jan. 30.As Barhydt outlined, Abra — which counts around 500,000 users…

United States crypto payment processor BitPay and the non-profit and charitable organization that operates Wikipedia, the Wikimedia Foundation, have partnered to accept crypto donations, according to the official press release published on Jan. 29.The Wikimedia Foundation had already accepted Bitcoin (BTC), but the aim of the new partnership with BitPay is to be able to…